Commitments and Contingencies

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Note 15: Commitments and Contingencies

Snap-on leases facilities, office equipment and vehicles under non-cancelable operating and capital leases that extend for varying amounts of time. Snap-on’s future minimum lease commitments under these leases, net of sub-lease rental income, are as follows:

(Amounts in millions)	Operating   Leases		Capital     Leases
Year:
2017	$	23.0	$	3.7
2018		18.3		3.3
2019		13.9		2.9
2020		9.4		2.6
2021		6.4		2.1
2022 and thereafter		10.5		5.6
Total minimum lease payments	$	81.5	$	20.2
Less: amount representing interest				(1.5)
Total present value of minimum capital lease payments			$	18.7

Amounts included in the accompanying Consolidated Balance Sheets for the present value of minimum capital lease payments as of 2016 year end are as follows:

(Amounts in millions)	2016
Other accrued liabilities	$	3.3
Other long-term liabilities		15.4
Total present value of minimum capital lease payments	$	18.7

Rent expense for worldwide facilities, office equipment and vehicles, net of sub-lease rental income, was $31.2 million, $29.4 million and $30.6 million in 2016, 2015 and 2014, respectively.

Snap-on provides product warranties for specific product lines and accrues for estimated future warranty cost in the period in which the sale is recorded. Snap-on calculates its accrual requirements based on historic warranty loss experience that is periodically adjusted for recent actual experience, including the timing of claims during the warranty period and actual costs incurred. Snap-on’s product warranty accrual activity for 2016, 2015 and 2014 is as follows:

(Amounts in millions)	2016		2015		2014
Warranty accrual:
Beginning of year	$	16.4	$	17.3	$	17.0
Additions		12.8		13.3		14.6
Usage		(13.2)		(14.2)		(14.3)
End of year	$	16.0	$	16.4	$	17.3

Approximately 2,800 employees, or 23% of Snap-on’s worldwide workforce, are represented by unions and/or covered under collective bargaining agreements. The number of covered union employees whose contracts expire over the next five years approximates 2,100 employees in 2017, 500 employees in 2018, and 200 employees in 2019; there are no contracts currently scheduled to expire in 2020 or 2021. In recent years, Snap-on has not experienced any significant work slowdowns, stoppages or other labor disruptions.

Snap-on is involved in various legal matters that are being litigated and/or settled in the ordinary course of business. Although it is not possible to predict the outcome of these legal matters, management believes that the results of these legal matters will not have a material impact onSnap-on’s consolidated financial position, results of operations or cash flows.