XML 59 R3.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Apr. 04, 2015
Mar. 29, 2014
Comprehensive income (loss):    
Net earnings $ 113.2us-gaap_ProfitLoss $ 98.2us-gaap_ProfitLoss
Other comprehensive income (loss):    
Foreign currency translation (96.3)us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax [1] 4.7us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax [1]
Unrealized cash flow hedges, net of tax:    
Reclassification of cash flow hedges to net earnings (0.1)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax (0.1)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
Defined benefit pension and postretirement plans:    
Amortization of net unrecognized losses and prior service credits included in net periodic benefit cost 8.8us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax 5.2us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
Income tax benefit (3.4)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax (1.9)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
Net of tax 5.4us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax 3.3us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
Total comprehensive income 22.2us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 106.1us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Comprehensive income attributable to noncontrolling interests (2.7)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest (2.3)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
Comprehensive income attributable to Snap-on Incorporated $ 19.5us-gaap_ComprehensiveIncomeNetOfTax $ 103.8us-gaap_ComprehensiveIncomeNetOfTax
[1] There was no sale or liquidation of a foreign entity; therefore, there is no reclassification adjustment for any period presented.