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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 28, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 184.5 $ 140.9
Trade and other accounts receivable – net 694.6 692.6
Finance and contract receivables, current, net 630.8 616.8
Inventories – net 760.4 673.8
Prepaid expenses and other assets 110.2 92.8
Total current assets 2,380.5 2,216.9
Property and equipment – net 521.5  
Property and equipment - net   495.1
Operating lease right-of-use assets 55.6  
Deferred income tax assets 52.3 64.7
Finance an contract receivable, net, non-current 1,463.6 1,419.3
Goodwill 913.8 902.2
Other intangibles – net 243.9 232.9
Other assets 62.3 42.0
Total assets 5,693.5 5,373.1
Current liabilities:    
Notes payable 202.9 186.3
Accounts payable 198.5 201.1
Accrued benefits 53.3 52.0
Accrued compensation 53.9 71.5
Franchisee deposits 68.2 67.5
Other accrued liabilities 370.8 373.6
Total current liabilities 947.6 952.0
Long-term debt 946.9 946.0
Deferred income tax liabilities 69.3 41.4
Retiree health care benefits 33.6 31.8
Pension liabilities 122.1 171.3
Operating lease liabilities 37.5  
Other long-term liabilities 105.7 112.0
Total liabilities 2,262.7 2,254.5
Commitments and contingencies (Note 15)
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 67,423,106 and 67,415,091 shares, respectively) 67.4 67.4
Additional paid-in capital 379.1 359.4
Retained earnings 4,779.7 4,257.6
Accumulated other comprehensive loss (507.9) (462.2)
Treasury stock at cost (12,772,882 and 11,804,310 shares, respectively) (1,309.2) (1,123.4)
Total shareholders’ equity attributable to Snap-on Incorporated 3,409.1 3,098.8
Noncontrolling interests 21.7 19.8
Total equity 3,430.8 3,118.6
Total liabilities and equity 5,693.5 5,373.1
Finance Receivables    
Current assets:    
Finance and contract receivables, current, net 530.1 518.5
Finance an contract receivable, net, non-current 1,103.5 1,074.4
Contract Receivables    
Current assets:    
Finance and contract receivables, current, net 100.7 98.3
Finance an contract receivable, net, non-current $ 360.1 $ 344.9