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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 30, 2017
Current assets:    
Cash and cash equivalents $ 97.5 $ 92.0
Trade and other accounts receivable – net 680.8 675.6
Finance receivables – net 512.2 505.4
Contract receivables – net 92.0 96.8
Total inventories – net 678.8 638.8
Prepaid expenses and other assets 107.1 110.7
Total current assets 2,168.4 2,119.3
Property and equipment:    
Land 25.3 24.5
Buildings and improvements 371.3 357.4
Machinery, equipment and computer software 928.2 889.2
Total property and equipment 1,324.8 1,271.1
Accumulated depreciation and amortization (835.1) (786.7)
Property and equipment – net 489.7 484.4
Deferred income tax assets 52.1 52.0
Long-term finance receivables – net 1,035.9 1,039.2
Long-term contract receivables – net 326.1 322.6
Goodwill 941.4 924.1
Other intangibles – net 251.7 253.7
Other assets 52.3 53.8
Total assets 5,317.6 5,249.1
Current liabilities:    
Notes payable and current maturities of long-term debt 145.2 433.2
Accounts payable 188.2 178.2
Accrued benefits 53.8 55.8
Accrued compensation 62.4 71.5
Franchisee deposits 66.8 66.5
Other accrued liabilities 435.2 388.1
Total current liabilities 951.6 1,193.3
Long-term debt 946.3 753.6
Deferred income tax liabilities 31.7 28.4
Retiree health care benefits 35.2 36.0
Pension liabilities 146.6 158.9
Other long-term liabilities 103.9 106.6
Total liabilities 2,215.3 2,276.8
Commitments and contingencies (Note 14)
Shareholders’ equity attributable to Snap-on Incorporated:    
Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding) 0.0 0.0
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,414,748 and 67,407,704 shares, respectively) 67.4 67.4
Additional paid-in capital 343.9 343.2
Retained earnings 3,886.7 3,772.3
Accumulated other comprehensive loss (285.4) (329.0)
Treasury stock at cost (10,819,564 and 10,717,455 shares, respectively) (928.7) (900.0)
Total shareholders’ equity attributable to Snap-on Incorporated 3,083.9 2,953.9
Noncontrolling interests 18.4 18.4
Total equity 3,102.3 2,972.3
Total liabilities and equity $ 5,317.6 $ 5,249.1