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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Income Statement [Abstract]    
Net sales $ 935.5 $ 887.1
Cost of goods sold (463.9) (438.8)
Gross profit 471.6 448.3
Operating expenses (293.9) (278.1)
Operating earnings before financial services 177.7 170.2
Financial services revenue 83.0 76.8
Financial services expenses (26.1) (24.3)
Operating earnings from financial services 56.9 52.5
Operating earnings 234.6 222.7
Interest expense (13.6) (12.7)
Other income (expense) – net 2.8 (2.4)
Earnings before income taxes and equity earnings 223.8 207.6
Income tax expense (57.6) (62.6)
Earnings before equity earnings 166.2 145.0
Equity earnings, net of tax 0.6 0.1
Net earnings 166.8 145.1
Net earnings attributable to noncontrolling interests (3.8) (3.5)
Net earnings attributable to Snap-on Incorporated $ 163.0 $ 141.6
Net earnings per share attributable to Snap-on Incorporated:    
Basic (in dollars per share) $ 2.87 $ 2.45
Diluted (in dollars per share) $ 2.82 $ 2.39
Weighted-average shares outstanding:    
Basic (in shares) 56,651,508 57,940,664
Effect of dilutive securities (in shares) 1,113,721 1,383,806
Diluted (in shares) 57,765,229 59,324,470
Dividends declared per common share (in dollars per share) $ 0.82 $ 0.71