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Postretirement Health Care Plans
6 Months Ended
Jul. 04, 2015
Postemployment Benefits [Abstract]  
Postretirement Health Care Plans

Note 11: Postretirement Health Care Plans

Snap-on’s net periodic postretirement health care cost included the following components:

 

     Three Months Ended      Six Months Ended  
(Amounts in millions)    July 4,
2015
     June 28,
2014
     July 4,
2015
     June 28,
2014
 

Interest cost

       $ 0.6                $ 0.7                $ 1.1                $ 1.3        

Expected return on plan assets

           (0.3)                   (0.3)                   (0.5)                   (0.6)       

Amortization of unrecognized loss

     0.1              –                 0.2              –           
  

 

 

    

 

 

    

 

 

    

 

 

 

Net periodic postretirement health care cost

       $ 0.4                $ 0.4                $ 0.8                $ 0.7