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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 01, 2017
Jul. 02, 2016
Jul. 01, 2017
Jul. 02, 2016
Income Statement [Abstract]        
Net sales $ 921.4 $ 872.3 $ 1,808.5 $ 1,706.5
Cost of goods sold (458.4) (441.0) (897.5) (859.9)
Gross profit 463.0 431.3 911.0 846.6
Operating expenses (279.3) (264.9) (557.8) (524.8)
Operating earnings before financial services 183.7 166.4 353.2 321.8
Financial services revenue 77.7 69.3 154.5 135.6
Financial services expenses (23.1) (19.8) (47.4) (39.1)
Operating earnings from financial services 54.6 49.5 107.1 96.5
Operating earnings 238.3 215.9 460.3 418.3
Interest expense (13.0) (12.9) (25.7) (26.0)
Other income (expense) - net (1.9) 1.2 (3.6) 0.5
Earnings before income taxes and equity earnings 223.4 204.2 431.0 392.8
Income tax expense (67.3) (62.2) (129.9) (119.8)
Earnings before equity earnings 156.1 142.0 301.1 273.0
Equity earnings, net of tax 0.7 1.4 0.8 1.7
Net earnings 156.8 143.4 301.9 274.7
Net earnings attributable to noncontrolling interests (3.6) (3.3) (7.1) (6.3)
Net earnings attributable to Snap-on Incorporated $ 153.2 $ 140.1 $ 294.8 $ 268.4
Net earnings per share attributable to Snap-on Incorporated:        
Basic $ 2.65 $ 2.41 $ 5.09 $ 4.62
Diluted $ 2.60 $ 2.36 $ 4.98 $ 4.52
Weighted-average shares outstanding:        
Basic 57.8 58.1 57.9 58.1
Effect of dilutive securities 1.2 1.3 1.3 1.3
Diluted 59.0 59.4 59.2 59.4
Dividends declared per common share $ 0.71 $ 0.61 $ 1.42 $ 1.22