Pension Plans - (Tables)

6 Months Ended

Jul. 02, 2022

Retirement Benefits [Abstract]

Schedule of Net Periodic Pension (Benefit) Cost

Snap-on’s net periodic pension (benefit) cost included the following components: 

	Three Months Ended				Six Months Ended
(Amounts in millions)	July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Service cost	$	6.3	$	6.9	$	13.4	$	14.4
Interest cost	11.2		10.5		22.3		21.1
Expected return on plan assets	(25.4)		(23.5)		(49.9)		(47.1)
Amortization of unrecognized loss	4.7		9.1		9.2		18.2
Net periodic pension (benefit) cost	$	(3.2)	$	3.0	$	(5.0)	$	6.6