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Performance-based equity awards are included in the diluted earnings per share calculation based on the attainment of the applicable performance metrics to date. Snap-on had dilutive securities totaling 905,610 shares, 1,060,072 shares and 945,250 shares, as of the end of 2024, 2023 and 2022, respectively. See Note 13 for additional information on equity awards. | text | 1060072 | sharesItemType | text: <entity> 1060072 </entity> <entity type> sharesItemType </entity type> <context> Performance-based equity awards are included in the diluted earnings per share calculation based on the attainment of the applicable performance metrics to date. Snap-on had dilutive securities totaling 905,610 shares, 1,060,072 shares and 945,250 shares, as of the end of 2024, 2023 and 2022, respectively. See Note 13 for additional information on equity awards. </context> | us-gaap:WeightedAverageNumberDilutedSharesOutstandingAdjustment |
Performance-based equity awards are included in the diluted earnings per share calculation based on the attainment of the applicable performance metrics to date. Snap-on had dilutive securities totaling 905,610 shares, 1,060,072 shares and 945,250 shares, as of the end of 2024, 2023 and 2022, respectively. See Note 13 for additional information on equity awards. | text | 945250 | sharesItemType | text: <entity> 945250 </entity> <entity type> sharesItemType </entity type> <context> Performance-based equity awards are included in the diluted earnings per share calculation based on the attainment of the applicable performance metrics to date. Snap-on had dilutive securities totaling 905,610 shares, 1,060,072 shares and 945,250 shares, as of the end of 2024, 2023 and 2022, respectively. See Note 13 for additional information on equity awards. </context> | us-gaap:WeightedAverageNumberDilutedSharesOutstandingAdjustment |
Approximately 90 % of Snap-on’s net sales are products sold at a point in time through ship-and-bill performance obligations that also include repair services. The remaining sales revenue is earned over time primarily for software subscriptions, other subscription service agreements and extended warranty programs. | text | 90 | percentItemType | text: <entity> 90 </entity> <entity type> percentItemType </entity type> <context> Approximately 90 % of Snap-on’s net sales are products sold at a point in time through ship-and-bill performance obligations that also include repair services. The remaining sales revenue is earned over time primarily for software subscriptions, other subscription service agreements and extended warranty programs. </context> | us-gaap:ConcentrationRiskPercentage1 |
For certain performance obligations related to software subscriptions, extended warranty and other subscription agreements that are settled over time, Snap-on has elected not to disclose the value of unsatisfied performance obligations for: (i) contracts that have an original expected length of one year or less; (ii) contracts where revenue is recognized as invoiced; and (iii) contracts with variable consideration related to unsatisfied performance obligations. The remaining duration of these unsatisfied performance obligations range from one month up to 60 months. Snap-on had $ 183.5 million of long-term contracts that have fixed consideration that extends beyond one year as of December 28, 2024. Snap-on expects to recognize approximately 75 % of these contracts as revenue by the end of fiscal 2026, an additional 20 % by the end of fiscal 2028 and the balance thereafter. | text | 183.5 | monetaryItemType | text: <entity> 183.5 </entity> <entity type> monetaryItemType </entity type> <context> For certain performance obligations related to software subscriptions, extended warranty and other subscription agreements that are settled over time, Snap-on has elected not to disclose the value of unsatisfied performance obligations for: (i) contracts that have an original expected length of one year or less; (ii) contracts where revenue is recognized as invoiced; and (iii) contracts with variable consideration related to unsatisfied performance obligations. The remaining duration of these unsatisfied performance obligations range from one month up to 60 months. Snap-on had $ 183.5 million of long-term contracts that have fixed consideration that extends beyond one year as of December 28, 2024. Snap-on expects to recognize approximately 75 % of these contracts as revenue by the end of fiscal 2026, an additional 20 % by the end of fiscal 2028 and the balance thereafter. </context> | us-gaap:ContractualObligation |
For certain performance obligations related to software subscriptions, extended warranty and other subscription agreements that are settled over time, Snap-on has elected not to disclose the value of unsatisfied performance obligations for: (i) contracts that have an original expected length of one year or less; (ii) contracts where revenue is recognized as invoiced; and (iii) contracts with variable consideration related to unsatisfied performance obligations. The remaining duration of these unsatisfied performance obligations range from one month up to 60 months. Snap-on had $ 183.5 million of long-term contracts that have fixed consideration that extends beyond one year as of December 28, 2024. Snap-on expects to recognize approximately 75 % of these contracts as revenue by the end of fiscal 2026, an additional 20 % by the end of fiscal 2028 and the balance thereafter. | text | 75 | percentItemType | text: <entity> 75 </entity> <entity type> percentItemType </entity type> <context> For certain performance obligations related to software subscriptions, extended warranty and other subscription agreements that are settled over time, Snap-on has elected not to disclose the value of unsatisfied performance obligations for: (i) contracts that have an original expected length of one year or less; (ii) contracts where revenue is recognized as invoiced; and (iii) contracts with variable consideration related to unsatisfied performance obligations. The remaining duration of these unsatisfied performance obligations range from one month up to 60 months. Snap-on had $ 183.5 million of long-term contracts that have fixed consideration that extends beyond one year as of December 28, 2024. Snap-on expects to recognize approximately 75 % of these contracts as revenue by the end of fiscal 2026, an additional 20 % by the end of fiscal 2028 and the balance thereafter. </context> | us-gaap:RevenueRemainingPerformanceObligationPercentage |
For certain performance obligations related to software subscriptions, extended warranty and other subscription agreements that are settled over time, Snap-on has elected not to disclose the value of unsatisfied performance obligations for: (i) contracts that have an original expected length of one year or less; (ii) contracts where revenue is recognized as invoiced; and (iii) contracts with variable consideration related to unsatisfied performance obligations. The remaining duration of these unsatisfied performance obligations range from one month up to 60 months. Snap-on had $ 183.5 million of long-term contracts that have fixed consideration that extends beyond one year as of December 28, 2024. Snap-on expects to recognize approximately 75 % of these contracts as revenue by the end of fiscal 2026, an additional 20 % by the end of fiscal 2028 and the balance thereafter. | text | 20 | percentItemType | text: <entity> 20 </entity> <entity type> percentItemType </entity type> <context> For certain performance obligations related to software subscriptions, extended warranty and other subscription agreements that are settled over time, Snap-on has elected not to disclose the value of unsatisfied performance obligations for: (i) contracts that have an original expected length of one year or less; (ii) contracts where revenue is recognized as invoiced; and (iii) contracts with variable consideration related to unsatisfied performance obligations. The remaining duration of these unsatisfied performance obligations range from one month up to 60 months. Snap-on had $ 183.5 million of long-term contracts that have fixed consideration that extends beyond one year as of December 28, 2024. Snap-on expects to recognize approximately 75 % of these contracts as revenue by the end of fiscal 2026, an additional 20 % by the end of fiscal 2028 and the balance thereafter. </context> | us-gaap:RevenueRemainingPerformanceObligationPercentage |
Contract liabilities are recorded when cash payments are received in advance of Snap-on’s performance. The timing of payment is typically on a monthly, quarterly or annual basis. The balance of total contract liabilities was $ 63.8 million at December 28, 2024, and $ 63.3 million at December 30, 2023. The current portion of contract liabilities is included in “Other accrued liabilities” and the non-current portion of such liabilities is included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. In 2024, Snap-on recognized revenue of $ 57.6 million that was included in the contract liability balance at December 30, 2023, which was primarily from the amortization of software subscriptions, extended warranties and other subscription agreements. | text | 63.8 | monetaryItemType | text: <entity> 63.8 </entity> <entity type> monetaryItemType </entity type> <context> Contract liabilities are recorded when cash payments are received in advance of Snap-on’s performance. The timing of payment is typically on a monthly, quarterly or annual basis. The balance of total contract liabilities was $ 63.8 million at December 28, 2024, and $ 63.3 million at December 30, 2023. The current portion of contract liabilities is included in “Other accrued liabilities” and the non-current portion of such liabilities is included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. In 2024, Snap-on recognized revenue of $ 57.6 million that was included in the contract liability balance at December 30, 2023, which was primarily from the amortization of software subscriptions, extended warranties and other subscription agreements. </context> | us-gaap:ContractWithCustomerLiability |
Contract liabilities are recorded when cash payments are received in advance of Snap-on’s performance. The timing of payment is typically on a monthly, quarterly or annual basis. The balance of total contract liabilities was $ 63.8 million at December 28, 2024, and $ 63.3 million at December 30, 2023. The current portion of contract liabilities is included in “Other accrued liabilities” and the non-current portion of such liabilities is included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. In 2024, Snap-on recognized revenue of $ 57.6 million that was included in the contract liability balance at December 30, 2023, which was primarily from the amortization of software subscriptions, extended warranties and other subscription agreements. | text | 63.3 | monetaryItemType | text: <entity> 63.3 </entity> <entity type> monetaryItemType </entity type> <context> Contract liabilities are recorded when cash payments are received in advance of Snap-on’s performance. The timing of payment is typically on a monthly, quarterly or annual basis. The balance of total contract liabilities was $ 63.8 million at December 28, 2024, and $ 63.3 million at December 30, 2023. The current portion of contract liabilities is included in “Other accrued liabilities” and the non-current portion of such liabilities is included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. In 2024, Snap-on recognized revenue of $ 57.6 million that was included in the contract liability balance at December 30, 2023, which was primarily from the amortization of software subscriptions, extended warranties and other subscription agreements. </context> | us-gaap:ContractWithCustomerLiability |
Contract liabilities are recorded when cash payments are received in advance of Snap-on’s performance. The timing of payment is typically on a monthly, quarterly or annual basis. The balance of total contract liabilities was $ 63.8 million at December 28, 2024, and $ 63.3 million at December 30, 2023. The current portion of contract liabilities is included in “Other accrued liabilities” and the non-current portion of such liabilities is included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. In 2024, Snap-on recognized revenue of $ 57.6 million that was included in the contract liability balance at December 30, 2023, which was primarily from the amortization of software subscriptions, extended warranties and other subscription agreements. | text | 57.6 | monetaryItemType | text: <entity> 57.6 </entity> <entity type> monetaryItemType </entity type> <context> Contract liabilities are recorded when cash payments are received in advance of Snap-on’s performance. The timing of payment is typically on a monthly, quarterly or annual basis. The balance of total contract liabilities was $ 63.8 million at December 28, 2024, and $ 63.3 million at December 30, 2023. The current portion of contract liabilities is included in “Other accrued liabilities” and the non-current portion of such liabilities is included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. In 2024, Snap-on recognized revenue of $ 57.6 million that was included in the contract liability balance at December 30, 2023, which was primarily from the amortization of software subscriptions, extended warranties and other subscription agreements. </context> | us-gaap:ContractWithCustomerLiabilityRevenueRecognized |
Franchise fee revenue, including nominal, non-refundable initial fees, is recognized upon the granting of a franchise, which is when the company has performed substantially all initial services required by the franchise agreement. Franchise fee revenue also includes ongoing monthly fees (primarily for sales and business training as well as marketing and product promotion programs) that are recognized as the fees are earned. Franchise fee revenue in 2024, 2023 and 2022 totaled $ 19.4 million, $ 18.7 million and $ 18.4 million, respectively. | text | 19.4 | monetaryItemType | text: <entity> 19.4 </entity> <entity type> monetaryItemType </entity type> <context> Franchise fee revenue, including nominal, non-refundable initial fees, is recognized upon the granting of a franchise, which is when the company has performed substantially all initial services required by the franchise agreement. Franchise fee revenue also includes ongoing monthly fees (primarily for sales and business training as well as marketing and product promotion programs) that are recognized as the fees are earned. Franchise fee revenue in 2024, 2023 and 2022 totaled $ 19.4 million, $ 18.7 million and $ 18.4 million, respectively. </context> | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax |
Franchise fee revenue, including nominal, non-refundable initial fees, is recognized upon the granting of a franchise, which is when the company has performed substantially all initial services required by the franchise agreement. Franchise fee revenue also includes ongoing monthly fees (primarily for sales and business training as well as marketing and product promotion programs) that are recognized as the fees are earned. Franchise fee revenue in 2024, 2023 and 2022 totaled $ 19.4 million, $ 18.7 million and $ 18.4 million, respectively. | text | 18.7 | monetaryItemType | text: <entity> 18.7 </entity> <entity type> monetaryItemType </entity type> <context> Franchise fee revenue, including nominal, non-refundable initial fees, is recognized upon the granting of a franchise, which is when the company has performed substantially all initial services required by the franchise agreement. Franchise fee revenue also includes ongoing monthly fees (primarily for sales and business training as well as marketing and product promotion programs) that are recognized as the fees are earned. Franchise fee revenue in 2024, 2023 and 2022 totaled $ 19.4 million, $ 18.7 million and $ 18.4 million, respectively. </context> | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax |
Franchise fee revenue, including nominal, non-refundable initial fees, is recognized upon the granting of a franchise, which is when the company has performed substantially all initial services required by the franchise agreement. Franchise fee revenue also includes ongoing monthly fees (primarily for sales and business training as well as marketing and product promotion programs) that are recognized as the fees are earned. Franchise fee revenue in 2024, 2023 and 2022 totaled $ 19.4 million, $ 18.7 million and $ 18.4 million, respectively. | text | 18.4 | monetaryItemType | text: <entity> 18.4 </entity> <entity type> monetaryItemType </entity type> <context> Franchise fee revenue, including nominal, non-refundable initial fees, is recognized upon the granting of a franchise, which is when the company has performed substantially all initial services required by the franchise agreement. Franchise fee revenue also includes ongoing monthly fees (primarily for sales and business training as well as marketing and product promotion programs) that are recognized as the fees are earned. Franchise fee revenue in 2024, 2023 and 2022 totaled $ 19.4 million, $ 18.7 million and $ 18.4 million, respectively. </context> | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax |
On November 20, 2023, Snap-on acquired certain assets of SAVTEQ, Inc. (“SAVTEQ”) for a cash purchase price of $ 3.0 million. SAVTEQ, based in Lexington, Kentucky, provides precise non-contact measuring capabilities. In fiscal 2023, the company completed the purchase accounting valuations for the acquired net assets of SAVTEQ. The $ 1.7 million excess of the purchase price over the fair value of the net assets acquired was recorded in “Goodwill” on the accompanying Consolidated Balance Sheets. | text | 3.0 | monetaryItemType | text: <entity> 3.0 </entity> <entity type> monetaryItemType </entity type> <context> On November 20, 2023, Snap-on acquired certain assets of SAVTEQ, Inc. (“SAVTEQ”) for a cash purchase price of $ 3.0 million. SAVTEQ, based in Lexington, Kentucky, provides precise non-contact measuring capabilities. In fiscal 2023, the company completed the purchase accounting valuations for the acquired net assets of SAVTEQ. The $ 1.7 million excess of the purchase price over the fair value of the net assets acquired was recorded in “Goodwill” on the accompanying Consolidated Balance Sheets. </context> | us-gaap:PaymentsToAcquireBusinessesGross |
On November 20, 2023, Snap-on acquired certain assets of SAVTEQ, Inc. (“SAVTEQ”) for a cash purchase price of $ 3.0 million. SAVTEQ, based in Lexington, Kentucky, provides precise non-contact measuring capabilities. In fiscal 2023, the company completed the purchase accounting valuations for the acquired net assets of SAVTEQ. The $ 1.7 million excess of the purchase price over the fair value of the net assets acquired was recorded in “Goodwill” on the accompanying Consolidated Balance Sheets. | text | 1.7 | monetaryItemType | text: <entity> 1.7 </entity> <entity type> monetaryItemType </entity type> <context> On November 20, 2023, Snap-on acquired certain assets of SAVTEQ, Inc. (“SAVTEQ”) for a cash purchase price of $ 3.0 million. SAVTEQ, based in Lexington, Kentucky, provides precise non-contact measuring capabilities. In fiscal 2023, the company completed the purchase accounting valuations for the acquired net assets of SAVTEQ. The $ 1.7 million excess of the purchase price over the fair value of the net assets acquired was recorded in “Goodwill” on the accompanying Consolidated Balance Sheets. </context> | us-gaap:Goodwill |
On November 1, 2023, Snap-on acquired Mountz, Inc. (“Mountz”) for a cash purchase price of $ 39.6 million. Mountz, based in San Jose, California, is a leading developer, manufacturer and marketer of high-precision torque tools, including measurement, calibration and documentation products. The company completed the purchase accounting valuations for the acquired net assets of Mountz in the first quarter of 2024. The $ 19.8 million excess of the purchase price over the fair value of the net assets acquired was recorded in “Goodwill” on the accompanying Consolidated Balance Sheets. | text | 39.6 | monetaryItemType | text: <entity> 39.6 </entity> <entity type> monetaryItemType </entity type> <context> On November 1, 2023, Snap-on acquired Mountz, Inc. (“Mountz”) for a cash purchase price of $ 39.6 million. Mountz, based in San Jose, California, is a leading developer, manufacturer and marketer of high-precision torque tools, including measurement, calibration and documentation products. The company completed the purchase accounting valuations for the acquired net assets of Mountz in the first quarter of 2024. The $ 19.8 million excess of the purchase price over the fair value of the net assets acquired was recorded in “Goodwill” on the accompanying Consolidated Balance Sheets. </context> | us-gaap:PaymentsToAcquireBusinessesGross |
On November 1, 2023, Snap-on acquired Mountz, Inc. (“Mountz”) for a cash purchase price of $ 39.6 million. Mountz, based in San Jose, California, is a leading developer, manufacturer and marketer of high-precision torque tools, including measurement, calibration and documentation products. The company completed the purchase accounting valuations for the acquired net assets of Mountz in the first quarter of 2024. The $ 19.8 million excess of the purchase price over the fair value of the net assets acquired was recorded in “Goodwill” on the accompanying Consolidated Balance Sheets. | text | 19.8 | monetaryItemType | text: <entity> 19.8 </entity> <entity type> monetaryItemType </entity type> <context> On November 1, 2023, Snap-on acquired Mountz, Inc. (“Mountz”) for a cash purchase price of $ 39.6 million. Mountz, based in San Jose, California, is a leading developer, manufacturer and marketer of high-precision torque tools, including measurement, calibration and documentation products. The company completed the purchase accounting valuations for the acquired net assets of Mountz in the first quarter of 2024. The $ 19.8 million excess of the purchase price over the fair value of the net assets acquired was recorded in “Goodwill” on the accompanying Consolidated Balance Sheets. </context> | us-gaap:Goodwill |
Inventories accounted for using the first-in, first-out (“FIFO”) method approximated 57 % and 59 % of total inventories as of 2024 and 2023 year end, respectively. The company accounts for its non-U.S. inventory on the FIFO method. As of 2024 year end, approximately 35 % of the company’s U.S. inventory was accounted for using the FIFO method and 65 % was accounted for using the last-in, first-out (“LIFO”) method. There were no LIFO inventory liquidations in 2024, 2023 or 2022. | text | 57 | percentItemType | text: <entity> 57 </entity> <entity type> percentItemType </entity type> <context> Inventories accounted for using the first-in, first-out (“FIFO”) method approximated 57 % and 59 % of total inventories as of 2024 and 2023 year end, respectively. The company accounts for its non-U.S. inventory on the FIFO method. As of 2024 year end, approximately 35 % of the company’s U.S. inventory was accounted for using the FIFO method and 65 % was accounted for using the last-in, first-out (“LIFO”) method. There were no LIFO inventory liquidations in 2024, 2023 or 2022. </context> | us-gaap:PercentageOfFIFOInventory |
Inventories accounted for using the first-in, first-out (“FIFO”) method approximated 57 % and 59 % of total inventories as of 2024 and 2023 year end, respectively. The company accounts for its non-U.S. inventory on the FIFO method. As of 2024 year end, approximately 35 % of the company’s U.S. inventory was accounted for using the FIFO method and 65 % was accounted for using the last-in, first-out (“LIFO”) method. There were no LIFO inventory liquidations in 2024, 2023 or 2022. | text | 59 | percentItemType | text: <entity> 59 </entity> <entity type> percentItemType </entity type> <context> Inventories accounted for using the first-in, first-out (“FIFO”) method approximated 57 % and 59 % of total inventories as of 2024 and 2023 year end, respectively. The company accounts for its non-U.S. inventory on the FIFO method. As of 2024 year end, approximately 35 % of the company’s U.S. inventory was accounted for using the FIFO method and 65 % was accounted for using the last-in, first-out (“LIFO”) method. There were no LIFO inventory liquidations in 2024, 2023 or 2022. </context> | us-gaap:PercentageOfFIFOInventory |
Inventories accounted for using the first-in, first-out (“FIFO”) method approximated 57 % and 59 % of total inventories as of 2024 and 2023 year end, respectively. The company accounts for its non-U.S. inventory on the FIFO method. As of 2024 year end, approximately 35 % of the company’s U.S. inventory was accounted for using the FIFO method and 65 % was accounted for using the last-in, first-out (“LIFO”) method. There were no LIFO inventory liquidations in 2024, 2023 or 2022. | text | 35 | percentItemType | text: <entity> 35 </entity> <entity type> percentItemType </entity type> <context> Inventories accounted for using the first-in, first-out (“FIFO”) method approximated 57 % and 59 % of total inventories as of 2024 and 2023 year end, respectively. The company accounts for its non-U.S. inventory on the FIFO method. As of 2024 year end, approximately 35 % of the company’s U.S. inventory was accounted for using the FIFO method and 65 % was accounted for using the last-in, first-out (“LIFO”) method. There were no LIFO inventory liquidations in 2024, 2023 or 2022. </context> | us-gaap:PercentageOfFIFOInventory |
Inventories accounted for using the first-in, first-out (“FIFO”) method approximated 57 % and 59 % of total inventories as of 2024 and 2023 year end, respectively. The company accounts for its non-U.S. inventory on the FIFO method. As of 2024 year end, approximately 35 % of the company’s U.S. inventory was accounted for using the FIFO method and 65 % was accounted for using the last-in, first-out (“LIFO”) method. There were no LIFO inventory liquidations in 2024, 2023 or 2022. | text | 65 | percentItemType | text: <entity> 65 </entity> <entity type> percentItemType </entity type> <context> Inventories accounted for using the first-in, first-out (“FIFO”) method approximated 57 % and 59 % of total inventories as of 2024 and 2023 year end, respectively. The company accounts for its non-U.S. inventory on the FIFO method. As of 2024 year end, approximately 35 % of the company’s U.S. inventory was accounted for using the FIFO method and 65 % was accounted for using the last-in, first-out (“LIFO”) method. There were no LIFO inventory liquidations in 2024, 2023 or 2022. </context> | us-gaap:PercentageOfLIFOInventory |
Goodwill of $ 1,056.8 million as of 2024 year end included $ 19.8 million, from the acquisition of Mountz. In the first quarter of 2024, the purchase accounting valuations for the acquired net assets of Mountz were completed, resulting in a reduction of goodwill of $ 13.2 million from year end 2023. | text | 1056.8 | monetaryItemType | text: <entity> 1056.8 </entity> <entity type> monetaryItemType </entity type> <context> Goodwill of $ 1,056.8 million as of 2024 year end included $ 19.8 million, from the acquisition of Mountz. In the first quarter of 2024, the purchase accounting valuations for the acquired net assets of Mountz were completed, resulting in a reduction of goodwill of $ 13.2 million from year end 2023. </context> | us-gaap:Goodwill |
Goodwill of $ 1,056.8 million as of 2024 year end included $ 19.8 million, from the acquisition of Mountz. In the first quarter of 2024, the purchase accounting valuations for the acquired net assets of Mountz were completed, resulting in a reduction of goodwill of $ 13.2 million from year end 2023. | text | 19.8 | monetaryItemType | text: <entity> 19.8 </entity> <entity type> monetaryItemType </entity type> <context> Goodwill of $ 1,056.8 million as of 2024 year end included $ 19.8 million, from the acquisition of Mountz. In the first quarter of 2024, the purchase accounting valuations for the acquired net assets of Mountz were completed, resulting in a reduction of goodwill of $ 13.2 million from year end 2023. </context> | us-gaap:Goodwill |
Goodwill of $ 1,056.8 million as of 2024 year end included $ 19.8 million, from the acquisition of Mountz. In the first quarter of 2024, the purchase accounting valuations for the acquired net assets of Mountz were completed, resulting in a reduction of goodwill of $ 13.2 million from year end 2023. | text | 13.2 | monetaryItemType | text: <entity> 13.2 </entity> <entity type> monetaryItemType </entity type> <context> Goodwill of $ 1,056.8 million as of 2024 year end included $ 19.8 million, from the acquisition of Mountz. In the first quarter of 2024, the purchase accounting valuations for the acquired net assets of Mountz were completed, resulting in a reduction of goodwill of $ 13.2 million from year end 2023. </context> | us-gaap:GoodwillPurchaseAccountingAdjustments |
Goodwill of $ 1,097.4 million as of 2023 year end included $ 33.0 million, on a preliminary basis, from the acquisition of Mountz and $ 1.7 million from the acquisition of SAVTEQ. The goodwill from Mountz and SAVTEQ is included in the Commercial & Industrial Group and Repair Systems & Information Group, respectively. | text | 1097.4 | monetaryItemType | text: <entity> 1097.4 </entity> <entity type> monetaryItemType </entity type> <context> Goodwill of $ 1,097.4 million as of 2023 year end included $ 33.0 million, on a preliminary basis, from the acquisition of Mountz and $ 1.7 million from the acquisition of SAVTEQ. The goodwill from Mountz and SAVTEQ is included in the Commercial & Industrial Group and Repair Systems & Information Group, respectively. </context> | us-gaap:Goodwill |
Goodwill of $ 1,097.4 million as of 2023 year end included $ 33.0 million, on a preliminary basis, from the acquisition of Mountz and $ 1.7 million from the acquisition of SAVTEQ. The goodwill from Mountz and SAVTEQ is included in the Commercial & Industrial Group and Repair Systems & Information Group, respectively. | text | 33.0 | monetaryItemType | text: <entity> 33.0 </entity> <entity type> monetaryItemType </entity type> <context> Goodwill of $ 1,097.4 million as of 2023 year end included $ 33.0 million, on a preliminary basis, from the acquisition of Mountz and $ 1.7 million from the acquisition of SAVTEQ. The goodwill from Mountz and SAVTEQ is included in the Commercial & Industrial Group and Repair Systems & Information Group, respectively. </context> | us-gaap:Goodwill |
Goodwill of $ 1,097.4 million as of 2023 year end included $ 33.0 million, on a preliminary basis, from the acquisition of Mountz and $ 1.7 million from the acquisition of SAVTEQ. The goodwill from Mountz and SAVTEQ is included in the Commercial & Industrial Group and Repair Systems & Information Group, respectively. | text | 1.7 | monetaryItemType | text: <entity> 1.7 </entity> <entity type> monetaryItemType </entity type> <context> Goodwill of $ 1,097.4 million as of 2023 year end included $ 33.0 million, on a preliminary basis, from the acquisition of Mountz and $ 1.7 million from the acquisition of SAVTEQ. The goodwill from Mountz and SAVTEQ is included in the Commercial & Industrial Group and Repair Systems & Information Group, respectively. </context> | us-gaap:Goodwill |
The gross carrying value of customer relationships and non-amortized trademarks as of year end 2024 includes $ 8.7 million and $ 5.4 million, respectively, related to the Mountz acquisition. | text | 8.7 | monetaryItemType | text: <entity> 8.7 </entity> <entity type> monetaryItemType </entity type> <context> The gross carrying value of customer relationships and non-amortized trademarks as of year end 2024 includes $ 8.7 million and $ 5.4 million, respectively, related to the Mountz acquisition. </context> | us-gaap:FiniteLivedIntangibleAssetsGross |
The gross carrying value of customer relationships and non-amortized trademarks as of year end 2024 includes $ 8.7 million and $ 5.4 million, respectively, related to the Mountz acquisition. | text | 5.4 | monetaryItemType | text: <entity> 5.4 </entity> <entity type> monetaryItemType </entity type> <context> The gross carrying value of customer relationships and non-amortized trademarks as of year end 2024 includes $ 8.7 million and $ 5.4 million, respectively, related to the Mountz acquisition. </context> | us-gaap:IndefiniteLivedTrademarks |
The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. | text | 25.3 | monetaryItemType | text: <entity> 25.3 </entity> <entity type> monetaryItemType </entity type> <context> The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. </context> | us-gaap:AmortizationOfIntangibleAssets |
The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. | text | 27.1 | monetaryItemType | text: <entity> 27.1 </entity> <entity type> monetaryItemType </entity type> <context> The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. </context> | us-gaap:AmortizationOfIntangibleAssets |
The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. | text | 28.7 | monetaryItemType | text: <entity> 28.7 </entity> <entity type> monetaryItemType </entity type> <context> The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. </context> | us-gaap:AmortizationOfIntangibleAssets |
The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. | text | 21.7 | monetaryItemType | text: <entity> 21.7 </entity> <entity type> monetaryItemType </entity type> <context> The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. </context> | us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths |
The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. | text | 16.8 | monetaryItemType | text: <entity> 16.8 </entity> <entity type> monetaryItemType </entity type> <context> The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. </context> | us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo |
The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. | text | 13.9 | monetaryItemType | text: <entity> 13.9 </entity> <entity type> monetaryItemType </entity type> <context> The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. </context> | us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearThree |
The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. | text | 11.5 | monetaryItemType | text: <entity> 11.5 </entity> <entity type> monetaryItemType </entity type> <context> The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. </context> | us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFour |
The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. | text | 8.2 | monetaryItemType | text: <entity> 8.2 </entity> <entity type> monetaryItemType </entity type> <context> The aggregate amortization expense was $ 25.3 million in 2024, $ 27.1 million in 2023 and $ 28.7 million in 2022. Based on current levels of amortizable intangible assets and estimated weighted-average useful lives, estimated annual amortization expense is expected to be $ 21.7 million in 2025, $ 16.8 million in 2026, $ 13.9 million in 2027, $ 11.5 million in 2028, and $ 8.2 million in 2029. </context> | us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFive |
As of 2024 year end, Snap-on had tax net operating loss carryforwards totaling $ 186.2 million as follows: | text | 186.2 | monetaryItemType | text: <entity> 186.2 </entity> <entity type> monetaryItemType </entity type> <context> As of 2024 year end, Snap-on had tax net operating loss carryforwards totaling $ 186.2 million as follows: </context> | us-gaap:DeferredTaxAssetsOperatingLossCarryforwards |
A valuation allowance totaling $ 23.9 million, $ 27.2 million and $ 23.5 million as of 2024, 2023 and 2022 year end, respectively, has been established for deferred income tax assets primarily related to certain subsidiary loss carryforwards that may not be realized. Realization of the net deferred income tax assets is dependent on generating sufficient taxable income prior to their expiration. Although realization is not assured, management believes it is more-likely-than-not that the net deferred income tax assets will be realized. The amount of the net deferred income tax assets considered realizable, however, could change in the near term if estimates of future taxable income during the carryforward period fluctuate. | text | 23.9 | monetaryItemType | text: <entity> 23.9 </entity> <entity type> monetaryItemType </entity type> <context> A valuation allowance totaling $ 23.9 million, $ 27.2 million and $ 23.5 million as of 2024, 2023 and 2022 year end, respectively, has been established for deferred income tax assets primarily related to certain subsidiary loss carryforwards that may not be realized. Realization of the net deferred income tax assets is dependent on generating sufficient taxable income prior to their expiration. Although realization is not assured, management believes it is more-likely-than-not that the net deferred income tax assets will be realized. The amount of the net deferred income tax assets considered realizable, however, could change in the near term if estimates of future taxable income during the carryforward period fluctuate. </context> | us-gaap:DeferredTaxAssetsValuationAllowance |
A valuation allowance totaling $ 23.9 million, $ 27.2 million and $ 23.5 million as of 2024, 2023 and 2022 year end, respectively, has been established for deferred income tax assets primarily related to certain subsidiary loss carryforwards that may not be realized. Realization of the net deferred income tax assets is dependent on generating sufficient taxable income prior to their expiration. Although realization is not assured, management believes it is more-likely-than-not that the net deferred income tax assets will be realized. The amount of the net deferred income tax assets considered realizable, however, could change in the near term if estimates of future taxable income during the carryforward period fluctuate. | text | 27.2 | monetaryItemType | text: <entity> 27.2 </entity> <entity type> monetaryItemType </entity type> <context> A valuation allowance totaling $ 23.9 million, $ 27.2 million and $ 23.5 million as of 2024, 2023 and 2022 year end, respectively, has been established for deferred income tax assets primarily related to certain subsidiary loss carryforwards that may not be realized. Realization of the net deferred income tax assets is dependent on generating sufficient taxable income prior to their expiration. Although realization is not assured, management believes it is more-likely-than-not that the net deferred income tax assets will be realized. The amount of the net deferred income tax assets considered realizable, however, could change in the near term if estimates of future taxable income during the carryforward period fluctuate. </context> | us-gaap:DeferredTaxAssetsValuationAllowance |
A valuation allowance totaling $ 23.9 million, $ 27.2 million and $ 23.5 million as of 2024, 2023 and 2022 year end, respectively, has been established for deferred income tax assets primarily related to certain subsidiary loss carryforwards that may not be realized. Realization of the net deferred income tax assets is dependent on generating sufficient taxable income prior to their expiration. Although realization is not assured, management believes it is more-likely-than-not that the net deferred income tax assets will be realized. The amount of the net deferred income tax assets considered realizable, however, could change in the near term if estimates of future taxable income during the carryforward period fluctuate. | text | 23.5 | monetaryItemType | text: <entity> 23.5 </entity> <entity type> monetaryItemType </entity type> <context> A valuation allowance totaling $ 23.9 million, $ 27.2 million and $ 23.5 million as of 2024, 2023 and 2022 year end, respectively, has been established for deferred income tax assets primarily related to certain subsidiary loss carryforwards that may not be realized. Realization of the net deferred income tax assets is dependent on generating sufficient taxable income prior to their expiration. Although realization is not assured, management believes it is more-likely-than-not that the net deferred income tax assets will be realized. The amount of the net deferred income tax assets considered realizable, however, could change in the near term if estimates of future taxable income during the carryforward period fluctuate. </context> | us-gaap:DeferredTaxAssetsValuationAllowance |
The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. | text | 6.6 | monetaryItemType | text: <entity> 6.6 </entity> <entity type> monetaryItemType </entity type> <context> The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. </context> | us-gaap:UnrecognizedTaxBenefits |
The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. | text | 7.5 | monetaryItemType | text: <entity> 7.5 </entity> <entity type> monetaryItemType </entity type> <context> The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. </context> | us-gaap:UnrecognizedTaxBenefits |
The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. | text | 5.6 | monetaryItemType | text: <entity> 5.6 </entity> <entity type> monetaryItemType </entity type> <context> The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. </context> | us-gaap:UnrecognizedTaxBenefits |
The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. | text | 1.1 | monetaryItemType | text: <entity> 1.1 </entity> <entity type> monetaryItemType </entity type> <context> The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. </context> | us-gaap:UnrecognizedTaxBenefits |
The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. | text | 5.5 | monetaryItemType | text: <entity> 5.5 </entity> <entity type> monetaryItemType </entity type> <context> The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. </context> | us-gaap:UnrecognizedTaxBenefits |
The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. | text | 1.2 | monetaryItemType | text: <entity> 1.2 </entity> <entity type> monetaryItemType </entity type> <context> The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. </context> | us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued |
The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. | text | 0.9 | monetaryItemType | text: <entity> 0.9 </entity> <entity type> monetaryItemType </entity type> <context> The unrecognized tax benefits of $ 6.6 million, $ 7.5 million and $ 5.6 million as of 2024, 2023 and 2022 year end, respectively, would impact the effective income tax rate if recognized. As of December 28, 2024, unrecognized tax benefits of $ 1.1 million and $ 5.5 million were included in “Deferred income tax assets” and “Other long-term liabilities,” respectively, on the accompanying Consolidated Balance Sheets. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense. As of 2024, 2023 and 2022 year end, the company had provided for $ 1.2 million, $ 1.2 million and $ 0.9 million, respectively, of accrued interest and penalties related to unrecognized tax benefits. As of December 28, 2024, $ 1.2 million of accrued interest and penalties were included in “Other long-term liabilities” on the accompanying Consolidated Balance Sheets. </context> | us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued |
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 $ 0.6 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 $ 0.9 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings. | text | zero | monetaryItemType | text: <entity> zero </entity> <entity type> monetaryItemType </entity type> <context> 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 $ 0.6 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 $ 0.9 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings. </context> | us-gaap:UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions |
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 $ 0.6 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 $ 0.9 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings. | text | 0.6 | monetaryItemType | text: <entity> 0.6 </entity> <entity type> monetaryItemType </entity type> <context> 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 $ 0.6 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 $ 0.9 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings. </context> | us-gaap:UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions |
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 $ 0.6 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 $ 0.9 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings. | text | zero | monetaryItemType | text: <entity> zero </entity> <entity type> monetaryItemType </entity type> <context> 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 $ 0.6 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 $ 0.9 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings. </context> | us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions |
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 $ 0.6 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 $ 0.9 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings. | text | 0.9 | monetaryItemType | text: <entity> 0.9 </entity> <entity type> monetaryItemType </entity type> <context> 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 $ 0.6 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 $ 0.9 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings. </context> | us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions |
In general, it is Snap-on’s practice and intention to reinvest certain earnings of its non-U.S. subsidiaries in those operations. As of 2024 year end, the company has not made a provision for incremental U.S. income taxes or additional foreign withholding taxes on approximately $ 523.0 million of such undistributed earnings that is deemed indefinitely reinvested. Determination of the amount of unrecognized deferred tax liability related to these earnings is not practicable. As a result of the Tax Act, which subjected the majority of the company’s undistributed foreign earnings to taxation for the 2017 tax year, the company can now repatriate non-U.S. cash in a tax efficient manner. Accordingly, the company does not have an indefinitely reinvested assertion on the majority of undistributed earnings for its non-U.S. subsidiaries and has recorded a deferred tax liability of $ 3.6 million for the incremental tax costs associated with the future potential repatriation of such earnings. | text | 523.0 | monetaryItemType | text: <entity> 523.0 </entity> <entity type> monetaryItemType </entity type> <context> In general, it is Snap-on’s practice and intention to reinvest certain earnings of its non-U.S. subsidiaries in those operations. As of 2024 year end, the company has not made a provision for incremental U.S. income taxes or additional foreign withholding taxes on approximately $ 523.0 million of such undistributed earnings that is deemed indefinitely reinvested. Determination of the amount of unrecognized deferred tax liability related to these earnings is not practicable. As a result of the Tax Act, which subjected the majority of the company’s undistributed foreign earnings to taxation for the 2017 tax year, the company can now repatriate non-U.S. cash in a tax efficient manner. Accordingly, the company does not have an indefinitely reinvested assertion on the majority of undistributed earnings for its non-U.S. subsidiaries and has recorded a deferred tax liability of $ 3.6 million for the incremental tax costs associated with the future potential repatriation of such earnings. </context> | us-gaap:UndistributedEarnings |
In general, it is Snap-on’s practice and intention to reinvest certain earnings of its non-U.S. subsidiaries in those operations. As of 2024 year end, the company has not made a provision for incremental U.S. income taxes or additional foreign withholding taxes on approximately $ 523.0 million of such undistributed earnings that is deemed indefinitely reinvested. Determination of the amount of unrecognized deferred tax liability related to these earnings is not practicable. As a result of the Tax Act, which subjected the majority of the company’s undistributed foreign earnings to taxation for the 2017 tax year, the company can now repatriate non-U.S. cash in a tax efficient manner. Accordingly, the company does not have an indefinitely reinvested assertion on the majority of undistributed earnings for its non-U.S. subsidiaries and has recorded a deferred tax liability of $ 3.6 million for the incremental tax costs associated with the future potential repatriation of such earnings. | text | 3.6 | monetaryItemType | text: <entity> 3.6 </entity> <entity type> monetaryItemType </entity type> <context> In general, it is Snap-on’s practice and intention to reinvest certain earnings of its non-U.S. subsidiaries in those operations. As of 2024 year end, the company has not made a provision for incremental U.S. income taxes or additional foreign withholding taxes on approximately $ 523.0 million of such undistributed earnings that is deemed indefinitely reinvested. Determination of the amount of unrecognized deferred tax liability related to these earnings is not practicable. As a result of the Tax Act, which subjected the majority of the company’s undistributed foreign earnings to taxation for the 2017 tax year, the company can now repatriate non-U.S. cash in a tax efficient manner. Accordingly, the company does not have an indefinitely reinvested assertion on the majority of undistributed earnings for its non-U.S. subsidiaries and has recorded a deferred tax liability of $ 3.6 million for the incremental tax costs associated with the future potential repatriation of such earnings. </context> | us-gaap:DeferredTaxLiabilitiesUndistributedForeignEarnings |
Snap-on’s long-term debt and notes payable maturities in the next five years include a $ 300.0 million note that matures in 2027. | text | 300.0 | monetaryItemType | text: <entity> 300.0 </entity> <entity type> monetaryItemType </entity type> <context> Snap-on’s long-term debt and notes payable maturities in the next five years include a $ 300.0 million note that matures in 2027. </context> | us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree |
Average notes payable outstanding were $ 14.9 million and $ 17.5 million in 2024 and 2023, respectively. The 2024 weighted-average interest rate on such borrowings of 10.4 % compared with 11.0 % in 2023. At 2024 year end, the weighted-average rate on outstanding notes payable of 9.5 % compared with 11.1 % in 2023. | text | 14.9 | monetaryItemType | text: <entity> 14.9 </entity> <entity type> monetaryItemType </entity type> <context> Average notes payable outstanding were $ 14.9 million and $ 17.5 million in 2024 and 2023, respectively. The 2024 weighted-average interest rate on such borrowings of 10.4 % compared with 11.0 % in 2023. At 2024 year end, the weighted-average rate on outstanding notes payable of 9.5 % compared with 11.1 % in 2023. </context> | us-gaap:ShorttermDebtAverageOutstandingAmount |
Average notes payable outstanding were $ 14.9 million and $ 17.5 million in 2024 and 2023, respectively. The 2024 weighted-average interest rate on such borrowings of 10.4 % compared with 11.0 % in 2023. At 2024 year end, the weighted-average rate on outstanding notes payable of 9.5 % compared with 11.1 % in 2023. | text | 17.5 | monetaryItemType | text: <entity> 17.5 </entity> <entity type> monetaryItemType </entity type> <context> Average notes payable outstanding were $ 14.9 million and $ 17.5 million in 2024 and 2023, respectively. The 2024 weighted-average interest rate on such borrowings of 10.4 % compared with 11.0 % in 2023. At 2024 year end, the weighted-average rate on outstanding notes payable of 9.5 % compared with 11.1 % in 2023. </context> | us-gaap:ShorttermDebtAverageOutstandingAmount |
Average notes payable outstanding were $ 14.9 million and $ 17.5 million in 2024 and 2023, respectively. The 2024 weighted-average interest rate on such borrowings of 10.4 % compared with 11.0 % in 2023. At 2024 year end, the weighted-average rate on outstanding notes payable of 9.5 % compared with 11.1 % in 2023. | text | 10.4 | percentItemType | text: <entity> 10.4 </entity> <entity type> percentItemType </entity type> <context> Average notes payable outstanding were $ 14.9 million and $ 17.5 million in 2024 and 2023, respectively. The 2024 weighted-average interest rate on such borrowings of 10.4 % compared with 11.0 % in 2023. At 2024 year end, the weighted-average rate on outstanding notes payable of 9.5 % compared with 11.1 % in 2023. </context> | us-gaap:ShortTermDebtWeightedAverageInterestRateOverTime |
Average notes payable outstanding were $ 14.9 million and $ 17.5 million in 2024 and 2023, respectively. The 2024 weighted-average interest rate on such borrowings of 10.4 % compared with 11.0 % in 2023. At 2024 year end, the weighted-average rate on outstanding notes payable of 9.5 % compared with 11.1 % in 2023. | text | 11.0 | percentItemType | text: <entity> 11.0 </entity> <entity type> percentItemType </entity type> <context> Average notes payable outstanding were $ 14.9 million and $ 17.5 million in 2024 and 2023, respectively. The 2024 weighted-average interest rate on such borrowings of 10.4 % compared with 11.0 % in 2023. At 2024 year end, the weighted-average rate on outstanding notes payable of 9.5 % compared with 11.1 % in 2023. </context> | us-gaap:ShortTermDebtWeightedAverageInterestRateOverTime |
Average notes payable outstanding were $ 14.9 million and $ 17.5 million in 2024 and 2023, respectively. The 2024 weighted-average interest rate on such borrowings of 10.4 % compared with 11.0 % in 2023. At 2024 year end, the weighted-average rate on outstanding notes payable of 9.5 % compared with 11.1 % in 2023. | text | 9.5 | percentItemType | text: <entity> 9.5 </entity> <entity type> percentItemType </entity type> <context> Average notes payable outstanding were $ 14.9 million and $ 17.5 million in 2024 and 2023, respectively. The 2024 weighted-average interest rate on such borrowings of 10.4 % compared with 11.0 % in 2023. At 2024 year end, the weighted-average rate on outstanding notes payable of 9.5 % compared with 11.1 % in 2023. </context> | us-gaap:ShortTermDebtWeightedAverageInterestRate |
Average notes payable outstanding were $ 14.9 million and $ 17.5 million in 2024 and 2023, respectively. The 2024 weighted-average interest rate on such borrowings of 10.4 % compared with 11.0 % in 2023. At 2024 year end, the weighted-average rate on outstanding notes payable of 9.5 % compared with 11.1 % in 2023. | text | 11.1 | percentItemType | text: <entity> 11.1 </entity> <entity type> percentItemType </entity type> <context> Average notes payable outstanding were $ 14.9 million and $ 17.5 million in 2024 and 2023, respectively. The 2024 weighted-average interest rate on such borrowings of 10.4 % compared with 11.0 % in 2023. At 2024 year end, the weighted-average rate on outstanding notes payable of 9.5 % compared with 11.1 % in 2023. </context> | us-gaap:ShortTermDebtWeightedAverageInterestRate |
Snap-on has a $ 900 million multicurrency revolving credit facility that terminates on September 12, 2028 (the “Credit Facility”). The Credit Facility contains an accordion feature that, subject to certain customary conditions, may allow the maximum commitment to be increased by up to $ 450 million with the approval of the lenders providing additional commitments. No amounts were borrowed or outstanding under the Credit Facility during the years ended and as of December 28, 2024 or December 30, 2023. | text | 900 | monetaryItemType | text: <entity> 900 </entity> <entity type> monetaryItemType </entity type> <context> Snap-on has a $ 900 million multicurrency revolving credit facility that terminates on September 12, 2028 (the “Credit Facility”). The Credit Facility contains an accordion feature that, subject to certain customary conditions, may allow the maximum commitment to be increased by up to $ 450 million with the approval of the lenders providing additional commitments. No amounts were borrowed or outstanding under the Credit Facility during the years ended and as of December 28, 2024 or December 30, 2023. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
Snap-on has a $ 900 million multicurrency revolving credit facility that terminates on September 12, 2028 (the “Credit Facility”). The Credit Facility contains an accordion feature that, subject to certain customary conditions, may allow the maximum commitment to be increased by up to $ 450 million with the approval of the lenders providing additional commitments. No amounts were borrowed or outstanding under the Credit Facility during the years ended and as of December 28, 2024 or December 30, 2023. | text | 450 | monetaryItemType | text: <entity> 450 </entity> <entity type> monetaryItemType </entity type> <context> Snap-on has a $ 900 million multicurrency revolving credit facility that terminates on September 12, 2028 (the “Credit Facility”). The Credit Facility contains an accordion feature that, subject to certain customary conditions, may allow the maximum commitment to be increased by up to $ 450 million with the approval of the lenders providing additional commitments. No amounts were borrowed or outstanding under the Credit Facility during the years ended and as of December 28, 2024 or December 30, 2023. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
As of 2024 year end, Snap-on had $ 197.4 million of net foreign currency forward buy contracts outstanding comprised of buy contracts including $ 108.5 million in British pounds, $ 102.5 million in Swedish kronor, $ 53.9 million in Hong Kong dollars, $ 32.9 million in euros, $ 27.9 million in Chinese renminbi, $ 26.7 million in Australian dollars, $ 24.2 million in Singapore dollars, $ 7.0 million in Norwegian kroner, and $ 19.4 million in other currencies, and sell contracts including $ 193.4 million in Canadian dollars, $ 9.7 million in Indian rupees, and $ 2.5 million in other currencies. As of 2023 year end, Snap-on had $ 133.3 million of net foreign currency forward buy contracts outstanding comprised of buy contracts including $ 101.2 million in British pounds, $ 67.2 million in Swedish kronor, $ 44.6 million in Hong Kong dollars, $ 27.2 million in Chinese renminbi, $ 24.9 million in Australian dollars, $ 17.0 million in Singapore dollars, $ 6.4 million in Norwegian kroner, $ 6.1 million in Danish kroner, and $ 5.1 million in other currencies, and sell contracts including $ 116.9 million in Canadian dollars, $ 17.6 million in euros, $ 15.5 million in Hungarian forints, $ 10.1 million in Indian rupees, and $ 6.3 million in other currencies. | text | 197.4 | monetaryItemType | text: <entity> 197.4 </entity> <entity type> monetaryItemType </entity type> <context> As of 2024 year end, Snap-on had $ 197.4 million of net foreign currency forward buy contracts outstanding comprised of buy contracts including $ 108.5 million in British pounds, $ 102.5 million in Swedish kronor, $ 53.9 million in Hong Kong dollars, $ 32.9 million in euros, $ 27.9 million in Chinese renminbi, $ 26.7 million in Australian dollars, $ 24.2 million in Singapore dollars, $ 7.0 million in Norwegian kroner, and $ 19.4 million in other currencies, and sell contracts including $ 193.4 million in Canadian dollars, $ 9.7 million in Indian rupees, and $ 2.5 million in other currencies. As of 2023 year end, Snap-on had $ 133.3 million of net foreign currency forward buy contracts outstanding comprised of buy contracts including $ 101.2 million in British pounds, $ 67.2 million in Swedish kronor, $ 44.6 million in Hong Kong dollars, $ 27.2 million in Chinese renminbi, $ 24.9 million in Australian dollars, $ 17.0 million in Singapore dollars, $ 6.4 million in Norwegian kroner, $ 6.1 million in Danish kroner, and $ 5.1 million in other currencies, and sell contracts including $ 116.9 million in Canadian dollars, $ 17.6 million in euros, $ 15.5 million in Hungarian forints, $ 10.1 million in Indian rupees, and $ 6.3 million in other currencies. </context> | us-gaap:InvestmentOwnedForeignCurrencyContractReportingCurrencyAmountCurrentValue |
As of 2024 year end, Snap-on had $ 197.4 million of net foreign currency forward buy contracts outstanding comprised of buy contracts including $ 108.5 million in British pounds, $ 102.5 million in Swedish kronor, $ 53.9 million in Hong Kong dollars, $ 32.9 million in euros, $ 27.9 million in Chinese renminbi, $ 26.7 million in Australian dollars, $ 24.2 million in Singapore dollars, $ 7.0 million in Norwegian kroner, and $ 19.4 million in other currencies, and sell contracts including $ 193.4 million in Canadian dollars, $ 9.7 million in Indian rupees, and $ 2.5 million in other currencies. As of 2023 year end, Snap-on had $ 133.3 million of net foreign currency forward buy contracts outstanding comprised of buy contracts including $ 101.2 million in British pounds, $ 67.2 million in Swedish kronor, $ 44.6 million in Hong Kong dollars, $ 27.2 million in Chinese renminbi, $ 24.9 million in Australian dollars, $ 17.0 million in Singapore dollars, $ 6.4 million in Norwegian kroner, $ 6.1 million in Danish kroner, and $ 5.1 million in other currencies, and sell contracts including $ 116.9 million in Canadian dollars, $ 17.6 million in euros, $ 15.5 million in Hungarian forints, $ 10.1 million in Indian rupees, and $ 6.3 million in other currencies. | text | 133.3 | monetaryItemType | text: <entity> 133.3 </entity> <entity type> monetaryItemType </entity type> <context> As of 2024 year end, Snap-on had $ 197.4 million of net foreign currency forward buy contracts outstanding comprised of buy contracts including $ 108.5 million in British pounds, $ 102.5 million in Swedish kronor, $ 53.9 million in Hong Kong dollars, $ 32.9 million in euros, $ 27.9 million in Chinese renminbi, $ 26.7 million in Australian dollars, $ 24.2 million in Singapore dollars, $ 7.0 million in Norwegian kroner, and $ 19.4 million in other currencies, and sell contracts including $ 193.4 million in Canadian dollars, $ 9.7 million in Indian rupees, and $ 2.5 million in other currencies. As of 2023 year end, Snap-on had $ 133.3 million of net foreign currency forward buy contracts outstanding comprised of buy contracts including $ 101.2 million in British pounds, $ 67.2 million in Swedish kronor, $ 44.6 million in Hong Kong dollars, $ 27.2 million in Chinese renminbi, $ 24.9 million in Australian dollars, $ 17.0 million in Singapore dollars, $ 6.4 million in Norwegian kroner, $ 6.1 million in Danish kroner, and $ 5.1 million in other currencies, and sell contracts including $ 116.9 million in Canadian dollars, $ 17.6 million in euros, $ 15.5 million in Hungarian forints, $ 10.1 million in Indian rupees, and $ 6.3 million in other currencies. </context> | us-gaap:InvestmentOwnedForeignCurrencyContractReportingCurrencyAmountCurrentValue |
Snap-on manages market risk associated with the stock-based portion of its deferred compensation plans through the use of prepaid equity forward agreements (“equity forwards”). Equity forwards are used to aid in offsetting the potential mark-to-market effect on stock-based deferred compensation from changes in Snap‑on’s stock price. Since stock-based deferred compensation liabilities increase as the company’s stock price rises and decrease as the company’s stock price declines, the equity forwards are intended to mitigate the potential impact on deferred compensation expense that may result from such mark-to-market changes. As of 2024 and 2023 year end, Snap-on had equity forwards in place intended to manage market risk with respect to 68,100 shares and 68,900 shares, respectively, of Snap‑on common stock associated with its deferred compensation plans. | text | 68100 | sharesItemType | text: <entity> 68100 </entity> <entity type> sharesItemType </entity type> <context> Snap-on manages market risk associated with the stock-based portion of its deferred compensation plans through the use of prepaid equity forward agreements (“equity forwards”). Equity forwards are used to aid in offsetting the potential mark-to-market effect on stock-based deferred compensation from changes in Snap‑on’s stock price. Since stock-based deferred compensation liabilities increase as the company’s stock price rises and decrease as the company’s stock price declines, the equity forwards are intended to mitigate the potential impact on deferred compensation expense that may result from such mark-to-market changes. As of 2024 and 2023 year end, Snap-on had equity forwards in place intended to manage market risk with respect to 68,100 shares and 68,900 shares, respectively, of Snap‑on common stock associated with its deferred compensation plans. </context> | us-gaap:DeferredCompensationArrangementWithIndividualCommonStockReservedForFutureIssuance |
Snap-on manages market risk associated with the stock-based portion of its deferred compensation plans through the use of prepaid equity forward agreements (“equity forwards”). Equity forwards are used to aid in offsetting the potential mark-to-market effect on stock-based deferred compensation from changes in Snap‑on’s stock price. Since stock-based deferred compensation liabilities increase as the company’s stock price rises and decrease as the company’s stock price declines, the equity forwards are intended to mitigate the potential impact on deferred compensation expense that may result from such mark-to-market changes. As of 2024 and 2023 year end, Snap-on had equity forwards in place intended to manage market risk with respect to 68,100 shares and 68,900 shares, respectively, of Snap‑on common stock associated with its deferred compensation plans. | text | 68900 | sharesItemType | text: <entity> 68900 </entity> <entity type> sharesItemType </entity type> <context> Snap-on manages market risk associated with the stock-based portion of its deferred compensation plans through the use of prepaid equity forward agreements (“equity forwards”). Equity forwards are used to aid in offsetting the potential mark-to-market effect on stock-based deferred compensation from changes in Snap‑on’s stock price. Since stock-based deferred compensation liabilities increase as the company’s stock price rises and decrease as the company’s stock price declines, the equity forwards are intended to mitigate the potential impact on deferred compensation expense that may result from such mark-to-market changes. As of 2024 and 2023 year end, Snap-on had equity forwards in place intended to manage market risk with respect to 68,100 shares and 68,900 shares, respectively, of Snap‑on common stock associated with its deferred compensation plans. </context> | us-gaap:DeferredCompensationArrangementWithIndividualCommonStockReservedForFutureIssuance |
During the next 12 months, Snap-on expects to reclassify into earnings net gains from Accumulated OCI of approximately $ 1.2 million after tax at the time the underlying hedge transactions are realized. | text | 1.2 | monetaryItemType | text: <entity> 1.2 </entity> <entity type> monetaryItemType </entity type> <context> During the next 12 months, Snap-on expects to reclassify into earnings net gains from Accumulated OCI of approximately $ 1.2 million after tax at the time the underlying hedge transactions are realized. </context> | us-gaap:ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months |
The accumulated benefit obligation for Snap-on’s pension plans as of 2024 and 2023 year end was $ 1,219.5 million and $ 1,239.0 million, respectively. | text | 1219.5 | monetaryItemType | text: <entity> 1219.5 </entity> <entity type> monetaryItemType </entity type> <context> The accumulated benefit obligation for Snap-on’s pension plans as of 2024 and 2023 year end was $ 1,219.5 million and $ 1,239.0 million, respectively. </context> | us-gaap:DefinedBenefitPlanAccumulatedBenefitObligation |
The accumulated benefit obligation for Snap-on’s pension plans as of 2024 and 2023 year end was $ 1,219.5 million and $ 1,239.0 million, respectively. | text | 1239.0 | monetaryItemType | text: <entity> 1239.0 </entity> <entity type> monetaryItemType </entity type> <context> The accumulated benefit obligation for Snap-on’s pension plans as of 2024 and 2023 year end was $ 1,219.5 million and $ 1,239.0 million, respectively. </context> | us-gaap:DefinedBenefitPlanAccumulatedBenefitObligation |
The weighted-average discount rate for Snap-on’s domestic pension plans of 5.6 % represents the single rate that produces the same present value of cash flows as the estimated benefit plan payments. Lowering Snap-on’s domestic discount rate assumption by 50 basis points (100 basis points (“bps”) equals 1.0 percent) would have increased Snap-on’s 2024 domestic pension expense and projected benefit obligation by approximately $ 3.0 million and $ 46.4 million, respectively. As of 2024 year end, Snap-on’s domestic projected benefit obligation comprised approximately 85 % of Snap-on’s worldwide projected benefit obligation. The weighted-average discount rate for Snap-on’s foreign pension plans of 4.6 % represents the single rate that produces the same present value of cash flows as the estimated benefit plan payments. Lowering Snap-on’s foreign discount rate assumption by 50 bps would have increased Snap-on’s 2024 foreign pension expense and projected benefit obligation by approximately $ 1.0 million and $ 12.3 million, respectively. | text | 5.6 | percentItemType | text: <entity> 5.6 </entity> <entity type> percentItemType </entity type> <context> The weighted-average discount rate for Snap-on’s domestic pension plans of 5.6 % represents the single rate that produces the same present value of cash flows as the estimated benefit plan payments. Lowering Snap-on’s domestic discount rate assumption by 50 basis points (100 basis points (“bps”) equals 1.0 percent) would have increased Snap-on’s 2024 domestic pension expense and projected benefit obligation by approximately $ 3.0 million and $ 46.4 million, respectively. As of 2024 year end, Snap-on’s domestic projected benefit obligation comprised approximately 85 % of Snap-on’s worldwide projected benefit obligation. The weighted-average discount rate for Snap-on’s foreign pension plans of 4.6 % represents the single rate that produces the same present value of cash flows as the estimated benefit plan payments. Lowering Snap-on’s foreign discount rate assumption by 50 bps would have increased Snap-on’s 2024 foreign pension expense and projected benefit obligation by approximately $ 1.0 million and $ 12.3 million, respectively. </context> | us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate |
The weighted-average discount rate for Snap-on’s domestic pension plans of 5.6 % represents the single rate that produces the same present value of cash flows as the estimated benefit plan payments. Lowering Snap-on’s domestic discount rate assumption by 50 basis points (100 basis points (“bps”) equals 1.0 percent) would have increased Snap-on’s 2024 domestic pension expense and projected benefit obligation by approximately $ 3.0 million and $ 46.4 million, respectively. As of 2024 year end, Snap-on’s domestic projected benefit obligation comprised approximately 85 % of Snap-on’s worldwide projected benefit obligation. The weighted-average discount rate for Snap-on’s foreign pension plans of 4.6 % represents the single rate that produces the same present value of cash flows as the estimated benefit plan payments. Lowering Snap-on’s foreign discount rate assumption by 50 bps would have increased Snap-on’s 2024 foreign pension expense and projected benefit obligation by approximately $ 1.0 million and $ 12.3 million, respectively. | text | 4.6 | percentItemType | text: <entity> 4.6 </entity> <entity type> percentItemType </entity type> <context> The weighted-average discount rate for Snap-on’s domestic pension plans of 5.6 % represents the single rate that produces the same present value of cash flows as the estimated benefit plan payments. Lowering Snap-on’s domestic discount rate assumption by 50 basis points (100 basis points (“bps”) equals 1.0 percent) would have increased Snap-on’s 2024 domestic pension expense and projected benefit obligation by approximately $ 3.0 million and $ 46.4 million, respectively. As of 2024 year end, Snap-on’s domestic projected benefit obligation comprised approximately 85 % of Snap-on’s worldwide projected benefit obligation. The weighted-average discount rate for Snap-on’s foreign pension plans of 4.6 % represents the single rate that produces the same present value of cash flows as the estimated benefit plan payments. Lowering Snap-on’s foreign discount rate assumption by 50 bps would have increased Snap-on’s 2024 foreign pension expense and projected benefit obligation by approximately $ 1.0 million and $ 12.3 million, respectively. </context> | us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate |
As a practical expedient, Snap-on uses the calendar year end as the measurement date for its plans. Snap-on funds its pension plans as required by governmental regulation and may consider discretionary contributions as conditions warrant. Snap‑on intends to make contributions of $ 4.3 million to its foreign pension plans and $ 6.5 million to its domestic pension plans in 2025, as required by law. Depending on market and other conditions, Snap-on may make discretionary cash contributions to its pension plans in 2025. | text | 4.3 | monetaryItemType | text: <entity> 4.3 </entity> <entity type> monetaryItemType </entity type> <context> As a practical expedient, Snap-on uses the calendar year end as the measurement date for its plans. Snap-on funds its pension plans as required by governmental regulation and may consider discretionary contributions as conditions warrant. Snap‑on intends to make contributions of $ 4.3 million to its foreign pension plans and $ 6.5 million to its domestic pension plans in 2025, as required by law. Depending on market and other conditions, Snap-on may make discretionary cash contributions to its pension plans in 2025. </context> | us-gaap:DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear |
As a practical expedient, Snap-on uses the calendar year end as the measurement date for its plans. Snap-on funds its pension plans as required by governmental regulation and may consider discretionary contributions as conditions warrant. Snap‑on intends to make contributions of $ 4.3 million to its foreign pension plans and $ 6.5 million to its domestic pension plans in 2025, as required by law. Depending on market and other conditions, Snap-on may make discretionary cash contributions to its pension plans in 2025. | text | 6.5 | monetaryItemType | text: <entity> 6.5 </entity> <entity type> monetaryItemType </entity type> <context> As a practical expedient, Snap-on uses the calendar year end as the measurement date for its plans. Snap-on funds its pension plans as required by governmental regulation and may consider discretionary contributions as conditions warrant. Snap‑on intends to make contributions of $ 4.3 million to its foreign pension plans and $ 6.5 million to its domestic pension plans in 2025, as required by law. Depending on market and other conditions, Snap-on may make discretionary cash contributions to its pension plans in 2025. </context> | us-gaap:DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear |
Snap-on’s domestic pension plans have a long-term investment horizon and a total return strategy that emphasizes a capital growth objective. The long-term investment performance objective for Snap-on’s domestic plans’ assets is to achieve net of expense returns that meet or exceed the 7.5 % domestic long-term return on plan assets assumption used for reporting purposes. Snap-on uses a three-year, market-related value asset method of amortizing the difference between actual and expected returns on its domestic plans’ assets. As of 2024 year end, Snap-on’s domestic pension plans’ assets comprised approximately 86 % of the company’s worldwide pension plan assets. | text | 7.5 | percentItemType | text: <entity> 7.5 </entity> <entity type> percentItemType </entity type> <context> Snap-on’s domestic pension plans have a long-term investment horizon and a total return strategy that emphasizes a capital growth objective. The long-term investment performance objective for Snap-on’s domestic plans’ assets is to achieve net of expense returns that meet or exceed the 7.5 % domestic long-term return on plan assets assumption used for reporting purposes. Snap-on uses a three-year, market-related value asset method of amortizing the difference between actual and expected returns on its domestic plans’ assets. As of 2024 year end, Snap-on’s domestic pension plans’ assets comprised approximately 86 % of the company’s worldwide pension plan assets. </context> | us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets |
Snap-on has several 401(k) plans covering certain U.S. employees. Snap-on’s employer match to the 401(k) plans is made with cash contributions. For 2024, 2023 and 2022, Snap-on recognized $ 12.4 million, $ 12.3 million and $ 11.8 million, respectively, of expense related to its 401(k) plans. | text | 12.4 | monetaryItemType | text: <entity> 12.4 </entity> <entity type> monetaryItemType </entity type> <context> Snap-on has several 401(k) plans covering certain U.S. employees. Snap-on’s employer match to the 401(k) plans is made with cash contributions. For 2024, 2023 and 2022, Snap-on recognized $ 12.4 million, $ 12.3 million and $ 11.8 million, respectively, of expense related to its 401(k) plans. </context> | us-gaap:DefinedContributionPlanCostRecognized |
Snap-on has several 401(k) plans covering certain U.S. employees. Snap-on’s employer match to the 401(k) plans is made with cash contributions. For 2024, 2023 and 2022, Snap-on recognized $ 12.4 million, $ 12.3 million and $ 11.8 million, respectively, of expense related to its 401(k) plans. | text | 12.3 | monetaryItemType | text: <entity> 12.3 </entity> <entity type> monetaryItemType </entity type> <context> Snap-on has several 401(k) plans covering certain U.S. employees. Snap-on’s employer match to the 401(k) plans is made with cash contributions. For 2024, 2023 and 2022, Snap-on recognized $ 12.4 million, $ 12.3 million and $ 11.8 million, respectively, of expense related to its 401(k) plans. </context> | us-gaap:DefinedContributionPlanCostRecognized |
Snap-on has several 401(k) plans covering certain U.S. employees. Snap-on’s employer match to the 401(k) plans is made with cash contributions. For 2024, 2023 and 2022, Snap-on recognized $ 12.4 million, $ 12.3 million and $ 11.8 million, respectively, of expense related to its 401(k) plans. | text | 11.8 | monetaryItemType | text: <entity> 11.8 </entity> <entity type> monetaryItemType </entity type> <context> Snap-on has several 401(k) plans covering certain U.S. employees. Snap-on’s employer match to the 401(k) plans is made with cash contributions. For 2024, 2023 and 2022, Snap-on recognized $ 12.4 million, $ 12.3 million and $ 11.8 million, respectively, of expense related to its 401(k) plans. </context> | us-gaap:DefinedContributionPlanCostRecognized |
For 2025, the actuarial calculations assume a pre-65 health care cost trend rate of 6.6 % and a post-65 health care cost trend rate of 7.0 %, both decreasing gradually to 4.0 % in 2047 and thereafter. | text | 4.0 | percentItemType | text: <entity> 4.0 </entity> <entity type> percentItemType </entity type> <context> For 2025, the actuarial calculations assume a pre-65 health care cost trend rate of 6.6 % and a post-65 health care cost trend rate of 7.0 %, both decreasing gradually to 4.0 % in 2047 and thereafter. </context> | us-gaap:DefinedBenefitPlanUltimateHealthCareCostTrendRate1 |
The objective of the VEBA trust is to achieve net of expense returns that meet or exceed the 5.8 % long-term return on plan assets assumption used for reporting purposes. Investments are diversified to attempt to minimize the risk of large losses. Since asset allocation is a key determinant of expected investment returns, assets are periodically rebalanced to the targeted allocation to correct significant deviations from the asset allocation policy that are caused by market fluctuations and cash flow. | text | 5.8 | percentItemType | text: <entity> 5.8 </entity> <entity type> percentItemType </entity type> <context> The objective of the VEBA trust is to achieve net of expense returns that meet or exceed the 5.8 % long-term return on plan assets assumption used for reporting purposes. Investments are diversified to attempt to minimize the risk of large losses. Since asset allocation is a key determinant of expected investment returns, assets are periodically rebalanced to the targeted allocation to correct significant deviations from the asset allocation policy that are caused by market fluctuations and cash flow. </context> | us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets |
The 2011 Incentive Stock and Awards Plan (the “2011 Plan”) provides for the grant of stock options, performance share units (“PSUs”), stock appreciation rights (“SARs”) and restricted stock awards (which may be designated as “restricted stock units” or “RSUs”). As of 2024 year end, the 2011 Plan had 2,095,463 shares available for future grants. The company uses treasury stock to deliver shares under the 2011 Plan. | text | 2095463 | sharesItemType | text: <entity> 2095463 </entity> <entity type> sharesItemType </entity type> <context> The 2011 Incentive Stock and Awards Plan (the “2011 Plan”) provides for the grant of stock options, performance share units (“PSUs”), stock appreciation rights (“SARs”) and restricted stock awards (which may be designated as “restricted stock units” or “RSUs”). As of 2024 year end, the 2011 Plan had 2,095,463 shares available for future grants. The company uses treasury stock to deliver shares under the 2011 Plan. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant |
Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. | text | 28.6 | monetaryItemType | text: <entity> 28.6 </entity> <entity type> monetaryItemType </entity type> <context> Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. </context> | us-gaap:ShareBasedCompensation |
Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. | text | 44.7 | monetaryItemType | text: <entity> 44.7 </entity> <entity type> monetaryItemType </entity type> <context> Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. </context> | us-gaap:ShareBasedCompensation |
Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. | text | 34.0 | monetaryItemType | text: <entity> 34.0 </entity> <entity type> monetaryItemType </entity type> <context> Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. </context> | us-gaap:ShareBasedCompensation |
Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. | text | 92.3 | monetaryItemType | text: <entity> 92.3 </entity> <entity type> monetaryItemType </entity type> <context> Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. </context> | us-gaap:ProceedsFromStockOptionsExercised |
Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. | text | 113.6 | monetaryItemType | text: <entity> 113.6 </entity> <entity type> monetaryItemType </entity type> <context> Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. </context> | us-gaap:ProceedsFromStockOptionsExercised |
Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. | text | 55.0 | monetaryItemType | text: <entity> 55.0 </entity> <entity type> monetaryItemType </entity type> <context> Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. </context> | us-gaap:ProceedsFromStockOptionsExercised |
Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. | text | 20.2 | monetaryItemType | text: <entity> 20.2 </entity> <entity type> monetaryItemType </entity type> <context> Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. </context> | us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense |
Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. | text | 16.9 | monetaryItemType | text: <entity> 16.9 </entity> <entity type> monetaryItemType </entity type> <context> Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. </context> | us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense |
Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. | text | 10.7 | monetaryItemType | text: <entity> 10.7 </entity> <entity type> monetaryItemType </entity type> <context> Net stock-based compensation expense was $ 28.6 million in 2024, $ 44.7 million in 2023 and $ 34.0 million in 2022. Cash received from stock purchase plans and stock option exercises was $ 92.3 million in 2024, $ 113.6 million in 2023 and $ 55.0 million in 2022. The tax benefit realized from both the exercise and vesting of share-based payment arrangements was $ 20.2 million in 2024, $ 16.9 million in 2023 and $ 10.7 million in 2022. </context> | us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense |
The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. | text | 55.07 | perShareItemType | text: <entity> 55.07 </entity> <entity type> perShareItemType </entity type> <context> The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. | text | 51.09 | perShareItemType | text: <entity> 51.09 </entity> <entity type> perShareItemType </entity type> <context> The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. | text | 34.35 | perShareItemType | text: <entity> 34.35 </entity> <entity type> perShareItemType </entity type> <context> The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. | text | 57.4 | monetaryItemType | text: <entity> 57.4 </entity> <entity type> monetaryItemType </entity type> <context> The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue |
The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. | text | 74.3 | monetaryItemType | text: <entity> 74.3 </entity> <entity type> monetaryItemType </entity type> <context> The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue |
The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. | text | 37.5 | monetaryItemType | text: <entity> 37.5 </entity> <entity type> monetaryItemType </entity type> <context> The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue |
The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. | text | 9.5 | monetaryItemType | text: <entity> 9.5 </entity> <entity type> monetaryItemType </entity type> <context> The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. </context> | us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 |
The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. | text | 9.1 | monetaryItemType | text: <entity> 9.1 </entity> <entity type> monetaryItemType </entity type> <context> The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. </context> | us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 |
The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. | text | 10.5 | monetaryItemType | text: <entity> 10.5 </entity> <entity type> monetaryItemType </entity type> <context> The weighted-average grant date fair value of stock options granted was $ 55.07 in 2024, $ 51.09 in 2023 and $ 34.35 in 2022. The intrinsic value of stock options exercised was $ 57.4 million in 2024, $ 74.3 million in 2023 and $ 37.5 million in 2022. The fair value of stock options vested was $ 9.5 million in 2024, $ 9.1 million in 2023 and $ 10.5 million in 2022. </context> | us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 |
As of 2024 year end, there was $ 13.0 million of unrecognized compensation cost related to non-vested stock options that is expected to be recognized as a charge to earnings over a weighted-average period of 1.4 years. | text | 13.0 | monetaryItemType | text: <entity> 13.0 </entity> <entity type> monetaryItemType </entity type> <context> As of 2024 year end, there was $ 13.0 million of unrecognized compensation cost related to non-vested stock options that is expected to be recognized as a charge to earnings over a weighted-average period of 1.4 years. </context> | us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized |
The fair value of PSUs is calculated using the market value of a share of Snap-on’s common stock on the date of grant and assumed forfeitures based on recent historical experience; in recent years, forfeitures have not been significant. The weighted-average grant date fair value of PSUs granted during 2024, 2023 and 2022, was $ 269.00 , $ 249.26 and $ 211.67 , respectively. Earned PSUs as of year end 2024, 2023, and 2022 totaled 63,445 shares, 137,096 shares and 61,839 shares, respectively. Earned PSUs vest and are generally paid out following the conclusion of the applicable performance period upon approval by the Organization and Executive Compensation Committee of the company’s Board of Directors (the “Board”). PSUs related to 137,096 shares, 60,402 shares and 46,217 shares were paid out in 2024, 2023 and 2022, respectively. | text | 269.00 | perShareItemType | text: <entity> 269.00 </entity> <entity type> perShareItemType </entity type> <context> The fair value of PSUs is calculated using the market value of a share of Snap-on’s common stock on the date of grant and assumed forfeitures based on recent historical experience; in recent years, forfeitures have not been significant. The weighted-average grant date fair value of PSUs granted during 2024, 2023 and 2022, was $ 269.00 , $ 249.26 and $ 211.67 , respectively. Earned PSUs as of year end 2024, 2023, and 2022 totaled 63,445 shares, 137,096 shares and 61,839 shares, respectively. Earned PSUs vest and are generally paid out following the conclusion of the applicable performance period upon approval by the Organization and Executive Compensation Committee of the company’s Board of Directors (the “Board”). PSUs related to 137,096 shares, 60,402 shares and 46,217 shares were paid out in 2024, 2023 and 2022, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
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