XML 37 R3.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Balance Sheets (USD $)
In Millions
Jul. 02, 2011
Jan. 01, 2011
ASSETS    
Cash and cash equivalents $ 418.2 $ 572.2
Trade and other accounts receivable - net 452.2 443.3
Finance receivables - net 250.8 215.3
Contract receivables - net 45.5 45.6
Inventories - net 392.2 329.4
Deferred income tax assets 90.8 87.0
Prepaid expenses and other assets 86.2 72.7
Total current assets 1,735.9 1,765.5
Property and equipment    
Land 21.6 20.5
Buildings and improvements 273.9 261.9
Machinery, equipment and computer software 634.7 620.9
Total property and equipment 930.2 903.3
Accumulated depreciation and amortization (573.0) (559.3)
Property and equipment - net 357.2 344.0
Deferred income tax assets 94.6 91.5
Long-term finance receivables - net 398.1 345.7
Long-term contract receivables - net 143.1 119.3
Goodwill 827.2 798.4
Other intangibles - net 193.0 192.8
Other assets 77.4 72.2
Total assets 3,826.5 3,729.4
LIABILITIES AND SHAREHOLDERS' EQUITY    
Notes payable and current maturities of long-term debt 215.0 216.0
Accounts payable 139.0 146.1
Accrued benefits 44.4 45.0
Accrued compensation 80.0 86.7
Franchisee deposits 41.5 40.4
Other accrued liabilities 251.1 346.9
Total current liabilities 771.0 881.1
Long-term debt 955.5 954.8
Deferred income tax liabilities 97.9 94.4
Retiree health care benefits 57.6 59.6
Pension liabilities 268.6 246.1
Other long-term liabilities 93.0 89.0
Total liabilities 2,243.6 2,325.0
Shareholders' equity    
Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding)    
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,316,791 and 67,300,630 shares) 67.3 67.3
Additional paid-in capital 190.6 169.2
Retained earnings 1,740.8 1,644.1
Accumulated other comprehensive loss (26.1) (104.8)
Treasury stock at cost (9,134,086 and 9,119,085 shares) (406.0) (387.3)
Total shareholders' equity attributable to Snap-on Incorporated 1,566.6 1,388.5
Noncontrolling interests 16.3 15.9
Total shareholders' equity 1,582.9 1,404.4
Total liabilities and shareholders' equity $ 3,826.5 $ 3,729.4