CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jul. 02, 2022	Jan. 01, 2022
Current assets:
Cash and cash equivalents	$ 812.9	$ 780.0
Trade and other accounts receivable – net	729.1	682.3
Finance receivables and contract receivables - net	645.3	652.7
Inventories – net	893.3	803.8
Prepaid expenses and other assets	150.1	134.6
Total current assets	3,230.7	3,053.4
Property and equipment:
Property and equipment – gross	1,510.1	1,527.4
Accumulated depreciation and amortization	(1,006.6)	(1,009.2)
Property and equipment – net	503.5	518.2
Operating lease right-of-use assets	56.6	51.9
Deferred income tax assets	67.5	49.5
Long-term finance receivables and contract receivables - net	1,502.4	1,492.2
Goodwill	1,046.0	1,116.5
Other intangibles – net	283.5	301.7
Other assets	174.1	176.3
Total assets	6,864.3	6,759.7
Current liabilities:
Notes payable	18.8	17.4
Accounts payable	308.5	277.6
Accrued benefits	59.2	67.4
Accrued compensation	81.6	114.8
Franchisee deposits	77.5	80.7
Other accrued liabilities	440.5	424.3
Total current liabilities	986.1	982.2
Long-term debt	1,183.4	1,182.9
Deferred income tax liabilities	102.2	122.7
Retiree health care benefits	29.7	31.1
Pension liabilities	83.1	104.9
Operating lease liabilities	39.7	34.2
Other long-term liabilities	93.3	97.9
Total liabilities	2,517.5	2,555.9
Commitments and contingencies
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 67,444,855 and 67,438,129 shares, respectively)	67.4	67.4
Additional paid-in capital	488.1	472.7
Retained earnings	5,996.2	5,699.9
Accumulated other comprehensive loss	(457.7)	(343.9)
Treasury stock at cost (14,177,040 and 14,008,479 shares, respectively)	(1,769.6)	(1,714.2)
Total shareholders’ equity attributable to Snap-on Incorporated	4,324.4	4,181.9
Noncontrolling interests	22.4	21.9
Total equity	4,346.8	4,203.8
Total liabilities and equity	6,864.3	6,759.7
Land
Property and equipment:
Property and equipment – gross	32.5	33.8
Buildings and improvements
Property and equipment:
Property and equipment – gross	419.1	434.4
Machinery, equipment and computer software
Property and equipment:
Property and equipment – gross	1,058.5	1,059.2
Finance Receivables
Current assets:
Finance receivables and contract receivables - net	547.0	542.3
Property and equipment:
Long-term finance receivables and contract receivables - net	1,127.0	1,114.0
Contract Receivables
Current assets:
Finance receivables and contract receivables - net	98.3	110.4
Property and equipment:
Long-term finance receivables and contract receivables - net	$ 375.4	$ 378.2