Income Taxes	9 Months Ended
Sep. 29, 2012
Income Taxes	Note 6: Income Taxes Snap-on’s effective income tax rate on earnings attributable to Snap-on was 33.1% and 33.0% in the first nine months of 2012 and 2011, respectively For the nine months ended September 29, 2012, Snap-on’s unrecognized tax benefits increased by $0.9 million primarily due to tax positions that Snap-on expects to take in future tax returns and the accrual of interest on tax positions taken in prior years. Snap-on and its subsidiaries file income tax returns in the United States and in various state, local and foreign jurisdictions. It is reasonably possible that certain unrecognized tax benefits may either be settled with taxing authorities or the statutes of limitations for such items may lapse within the next 12 months, causing Snap-on’s gross unrecognized tax benefits to decrease by a range of zero to $1.9 million. Over the next 12 months, Snap-on anticipates taking certain tax positions on various tax returns for which the related tax benefit does not meet the recognition threshold. Accordingly, Snap-on’s gross unrecognized tax benefits may increase by a range of zero to $2.4 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings.

Income Taxes

9 Months Ended

Sep. 29, 2012

Note 6: Income Taxes

Snap-on’s effective income tax rate on earnings attributable to Snap-on was 33.1% and 33.0% in the first nine months of 2012 and 2011, respectively

For the nine months ended September 29, 2012, Snap-on’s unrecognized tax benefits increased by $0.9 million primarily due to tax positions that Snap-on expects to take in future tax returns and the accrual of interest on tax positions taken in prior years.

Snap-on and its subsidiaries file income tax returns in the United States and in various state, local and foreign jurisdictions. It is reasonably possible that certain unrecognized tax benefits may either be settled with taxing authorities or the statutes of limitations for such items may lapse within the next 12 months, causing Snap-on’s gross unrecognized tax benefits to decrease by a range of zero to $1.9 million. Over the next 12 months, Snap-on anticipates taking certain tax positions on various tax returns for which the related tax benefit does not meet the recognition threshold. Accordingly, Snap-on’s gross unrecognized tax benefits may increase by a range of zero to $2.4 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings.