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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 01, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 89.0 $ 77.6
Trade and other accounts receivable - net 645.3 598.8
Finance receivables - net 496.5 472.5
Contract receivables - net 82.4 88.1
Inventories - net 601.4 530.5
Prepaid expenses and other assets 119.5 116.5
Total current assets 2,034.1 1,884.0
Property and equipment:    
Land 23.9 19.1
Buildings and improvements 342.9 309.4
Machinery, equipment and computer software 850.1 809.6
Total property and equipment 1,216.9 1,138.1
Accumulated depreciation and amortization (753.5) (712.9)
Property and equipment - net 463.4 425.2
Deferred income tax assets 71.8 72.8
Long-term finance receivables - net 998.6 934.5
Long-term contract receivables - net 299.4 286.7
Goodwill 899.2 895.5
Other intangibles - net 256.3 184.6
Other assets 44.3 39.9
Total assets 5,067.1 4,723.2
LIABILITIES AND EQUITY    
Notes payable and current maturities of long-term debt 350.2 301.4
Accounts payable 202.3 170.9
Accrued benefits 43.7 52.8
Accrued compensation 69.5 89.8
Franchisee deposits 65.7 66.7
Other accrued liabilities 342.4 307.9
Total current liabilities 1,073.8 989.5
Long-term debt 755.6 708.8
Deferred income tax liabilities 21.9 13.1
Retiree health care benefits 35.1 36.7
Pension liabilities 213.9 246.5
Other long-term liabilities 93.8 93.4
Total liabilities 2,194.1 2,088.0
Commitments and contingencies (Note 14)
Equity    
Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding)
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,407,492 and 67,400,250 shares, respectively) 67.4 67.4
Additional paid-in capital 337.1 317.3
Retained earnings 3,597.0 3,384.9
Accumulated other comprehensive loss (397.0) (498.5)
Treasury stock at cost (9,823,034 and 9,450,393 shares, respectively) (749.6) (653.9)
Total shareholders' equity attributable to Snap-on Incorporated 2,854.9 2,617.2
Noncontrolling interests 18.1 18.0
Total equity 2,873.0 2,635.2
Total liabilities and equity $ 5,067.1 $ 4,723.2