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Pension Plans (Tables)
9 Months Ended
Sep. 30, 2017
Retirement Benefits [Abstract]  
Net Periodic Pension Cost

Snap-on’s net periodic pension cost included the following components:

 

     Three Months Ended      Nine Months Ended  
(Amounts in millions)    September 30,
2017
     October 1,
2016
     September 30,
2017
     October 1,
2016
 

Service cost

       $ 5.6               $ 4.8               $ 16.8               $ 14.5       

Interest cost

     13.9             14.2             41.8             42.6       

Expected return on plan assets

         (21.2)                (20.4)                (62.2)                (60.8)      

Amortization of unrecognized loss

     6.9             7.8             20.8             23.5       

Amortization of prior service credit

     (0.2)            (0.2)            (0.8)            (0.8)      
  

 

 

    

 

 

    

 

 

    

 

 

 

Net periodic pension cost

       $ 5.0               $ 6.2               $ 16.4               $ 19.0