$SNA
Snap-on Inc Stock $sna

$sna Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000119312516549686 Filed on April 21, 2016

Income Statement

Concept	2016 Q2	2015 Q2
Revenue	$900.5M	$885.2M
YoY Change	1.73%	0.8%
Cost Of Revenue	$418.9M	$417.7M
YoY Change	0.29%	-1.97%
Gross Profit	$415.3M	$410.1M
YoY Change	1.27%	2.42%
Gross Profit Margin	46.12%	46.33%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$14.90M	$13.80M
YoY Change	7.97%	-29.95%
% of Gross Profit	3.59%	3.37%
Operating Expenses	$259.9M	$272.2M
YoY Change	-4.52%	3.77%
Operating Profit	$202.4M	$178.2M
YoY Change	13.58%	3.07%
Interest Expense	$13.10M	$13.00M
YoY Change	0.77%	2.36%
% of Operating Profit	6.47%	7.3%
Other Income/Expense, Net	-$700.0K	-$700.0K
YoY Change	0.0%	-333.33%
Pretax Income	$188.6M	$164.5M
YoY Change	14.65%	2.49%
Income Tax	$57.60M	$51.80M
% Of Pretax Income	30.54%	31.49%
Net Earnings	$128.3M	$110.5M
YoY Change	16.11%	4.15%
Net Earnings / Revenue	14.25%	12.48%
Basic Earnings Per Share	$2.21	$1.90
Diluted Earnings Per Share	$2.16	$1.87
COMMON SHARES
Basic Shares Outstanding	58.10M shares	58.13M shares
Diluted Shares Outstanding	59.50M shares	59.11M shares

Balance Sheet

Concept	2016 Q2	2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$106.3M	$114.4M
YoY Change	-7.08%	-1.21%
Cash & Equivalents	$106.3M	$114.4M
Short-Term Investments
Other Short-Term Assets	$122.9M	$219.4M
YoY Change	-43.98%	13.68%
Inventory	$511.6M	$482.3M
Prepaid Expenses
Receivables	$570.0M	$548.4M
Other Receivables	$530.7M	$478.8M
Total Short-Term Assets	$1.842B	$1.843B
YoY Change	-0.1%	1.91%
LONG-TERM ASSETS
Property, Plant & Equipment	$417.4M	$396.2M
YoY Change	5.35%	-1.39%
Goodwill	$797.1M	$778.3M
YoY Change	2.42%	-10.59%
Intangibles	$255.8M	$258.3M
YoY Change	-0.97%	7.85%
Long-Term Investments	$14.10M	$12.30M
YoY Change	14.63%	-15.17%
Other Assets	$48.80M	$46.10M
YoY Change	5.86%	-19.41%
Total Long-Term Assets	$2.595B	$2.419B
YoY Change	7.27%	-0.02%
TOTAL ASSETS
Total Short-Term Assets	$1.842B	$1.843B
Total Long-Term Assets	$2.595B	$2.419B
Total Assets	$4.436B	$4.262B
YoY Change	4.08%	0.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$161.7M	$162.0M
YoY Change	-0.19%	-5.76%
Accrued Expenses	$54.00M	$54.70M
YoY Change	-1.28%	17.38%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$170.8M	$78.80M
YoY Change	116.75%	70.19%
Total Short-Term Liabilities	$837.2M	$726.5M
YoY Change	15.24%	4.28%
LONG-TERM LIABILITIES
Long-Term Debt	$714.6M	$864.4M
YoY Change	-17.33%	0.34%
Other Long-Term Liabilities	$91.10M	$86.80M
YoY Change	4.95%	-1.25%
Total Long-Term Liabilities	$805.7M	$951.2M
YoY Change	-15.3%	0.19%
TOTAL LIABILITIES
Total Short-Term Liabilities	$837.2M	$726.5M
Total Long-Term Liabilities	$805.7M	$951.2M
Total Liabilities	$1.901B	$2.074B
YoY Change	-8.33%	6.06%
SHAREHOLDERS EQUITY
Retained Earnings	$3.080B	$2.717B
YoY Change	13.36%	9.79%
Common Stock	$67.40M	$67.40M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$584.0M	$535.7M
YoY Change	9.02%	8.55%
Treasury Stock Shares	9.260M shares	9.303M shares
Shareholders Equity	$2.517B	$2.171B
YoY Change
Total Liabilities & Shareholders Equity	$4.436B	$4.262B
YoY Change	4.08%	0.81%

Cashflow Statement

Concept	2016 Q2	2015 Q2
OPERATING ACTIVITIES
Net Income	$128.3M	$110.5M
YoY Change	16.11%	4.15%
Depreciation, Depletion And Amortization	$14.90M	$13.80M
YoY Change	7.97%	-29.95%
Cash From Operating Activities	$141.6M	$78.10M
YoY Change	81.31%	-37.22%
INVESTING ACTIVITIES
Capital Expenditures	-$19.50M	-$18.10M
YoY Change	7.73%	-20.26%
Acquisitions
YoY Change
Other Investing Activities	$3.500M	$2.800M
YoY Change	25.0%	-102.89%
Cash From Investing Activities	-$79.60M	-$59.50M
YoY Change	33.78%	-50.29%
FINANCING ACTIVITIES
Cash Dividend Paid	$35.40M	$30.90M
YoY Change	14.56%
Common Stock Issuance & Retirement, Net	$23.10M	$49.70M
YoY Change	-53.52%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-49.30M	-35.30M
YoY Change	39.66%	106.43%
NET CHANGE
Cash From Operating Activities	141.6M	78.10M
Cash From Investing Activities	-79.60M	-59.50M
Cash From Financing Activities	-49.30M	-35.30M
Net Change In Cash	12.70M	-16.70M
YoY Change	-176.05%	34.68%
FREE CASH FLOW
Cash From Operating Activities	$141.6M	$78.10M
Capital Expenditures	-$19.50M	-$18.10M
Free Cash Flow	$161.1M	$96.20M
YoY Change	67.46%	-34.6%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	58146364	shares
CY2015Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	17100000
CY2015Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2188300000
CY2015Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-339200000
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	114400000
CY2015Q2	sna	Contract Receivable Allowance For Credit Losses ContractReceivableAllowanceForCreditLosses	3900000
CY2015Q2	sna	Notes And Loans Receivable Allowance For Credit Losses NotesAndLoansReceivableAllowanceForCreditLosses	33400000
CY2016Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	9260345	shares
CY2016Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
CY2016Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
CY2016Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2016Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	67399301	shares
CY2016Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	54000000
CY2016Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1
CY2016Q2	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	0
CY2016Q2	us-gaap	Deposit Liability Current DepositLiabilityCurrent	65900000
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	2517100000
CY2016Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	714600000
CY2016Q2	us-gaap	Postemployment Benefits Liability Noncurrent PostemploymentBenefitsLiabilityNoncurrent	37000000
CY2016Q2	us-gaap	Other Notes Payable OtherNotesPayable	20800000
CY2016Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	91100000
CY2016Q2	us-gaap	Commercial Paper CommercialPaper	0
CY2016Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	294200000
CY2016Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	234600000
CY2016Q2	us-gaap	Long Term Debt LongTermDebt	885400000
CY2016Q2	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	4300000
CY2016Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	320800000
CY2016Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	170800000
CY2016Q2	us-gaap	Allowance For Notes And Loans Receivable Noncurrent AllowanceForNotesAndLoansReceivableNoncurrent	26300000
CY2016Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	161700000
CY2016Q2	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	64000000
CY2016Q2	us-gaap	Restructuring Reserve RestructuringReserve	3200000
CY2016Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	16900000
CY2016Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3079600000
CY2016Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	16500000
CY2016Q2	us-gaap	Liabilities Liabilities	1901300000
CY2016Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4436400000
CY2016Q2	us-gaap	Common Stock Value CommonStockValue	67400000
CY2016Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2016Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2535100000
CY2016Q2	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	206900000
CY2016Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	701900000
CY2016Q2	us-gaap	Allowance For Notes And Loans Receivable Current AllowanceForNotesAndLoansReceivableCurrent	13600000
CY2016Q2	us-gaap	Minority Interest MinorityInterest	18000000
CY2016Q2	us-gaap	Liabilities Current LiabilitiesCurrent	837200000
CY2016Q2	us-gaap	Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months	200000
CY2016Q2	us-gaap	Preferred Stock Value PreferredStockValue
CY2016Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-340100000
CY2016Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	14500000
CY2016Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	92000000
CY2016Q2	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	453300000
CY2016Q2	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	49600000
CY2016Q2	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	796400000
CY2016Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	48800000
CY2016Q2	us-gaap	Fifo Inventory Amount FIFOInventoryAmount	584900000
CY2016Q2	us-gaap	Notes And Loans Receivable Gross Current NotesAndLoansReceivableGrossCurrent	466900000
CY2016Q2	us-gaap	Assets Assets	4436400000
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	16400000
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	18800000
CY2016Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	192900000
CY2016Q2	us-gaap	Inventory Net InventoryNet	511600000
CY2016Q2	us-gaap	Notes And Loans Receivable Gross Noncurrent NotesAndLoansReceivableGrossNoncurrent	843400000
CY2016Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	570000000
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	22200000
CY2016Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	417400000
CY2016Q2	us-gaap	Excess Of Replacement Or Current Costs Over Stated Lifo Value ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue	-73300000
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	11100000
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	12500000
CY2016Q2	us-gaap	Treasury Stock Value TreasuryStockValue	584000000
CY2016Q2	us-gaap	Assets Current AssetsCurrent	1841500000
CY2016Q2	us-gaap	Land Land	19900000
CY2016Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	364600000
CY2016Q2	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	817100000
CY2016Q2	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	303000000
CY2016Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	449400000
CY2016Q2	us-gaap	Goodwill Goodwill	797100000
CY2016Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	43500000
CY2016Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	122900000
CY2016Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	106300000
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	14300000
CY2016Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1119300000
CY2016Q2	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	43600000
CY2016Q2	us-gaap	Indefinite Lived Trademarks IndefiniteLivedTrademarks	62900000
CY2016Q2	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	586900000
CY2016Q2	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	427500000
CY2016Q2	us-gaap	Investment Owned Foreign Currency Contract Reporting Currency Amount Current Value InvestmentOwnedForeignCurrencyContractReportingCurrencyAmountCurrentValue	103000000
CY2016Q2	sna	Notes And Loans And Contract Receivables Net Non Current NotesAndLoansAndContractReceivablesNetNonCurrent	1089100000
CY2016Q2	sna	Allowance For Contract Receivable Noncurrent AllowanceForContractReceivableNoncurrent	3200000
CY2016Q2	sna	Contract Receivable Gross Current ContractReceivableGrossCurrent	78800000
CY2016Q2	sna	Notes And Loans And Contract Receivable Gross Current NotesAndLoansAndContractReceivableGrossCurrent	545700000
CY2016Q2	sna	Contract Receivables Net Noncurrent ContractReceivablesNetNoncurrent	272000000
CY2016Q2	sna	Notes And Loans Receivable Recorded Investment Past Due NotesAndLoansReceivableRecordedInvestmentPastDue	27300000
CY2016Q2	sna	Impaired Contract Receivables ImpairedContractReceivables	2600000
CY2016Q2	sna	Contract Receivable Gross Noncurrent ContractReceivableGrossNoncurrent	275200000
CY2016Q2	sna	Notes And Loans Receivable Recorded Investment Thirty To Fifty Nine Days Past Due NotesAndLoansReceivableRecordedInvestmentThirtyToFiftyNineDaysPastDue	8600000
CY2016Q2	sna	Notes And Loans Receivable Recorded Investment Non Accrual Status NotesAndLoansReceivableRecordedInvestmentNonAccrualStatus	9400000
CY2016Q2	sna	Contract Receivable ContractReceivable	354000000
CY2016Q2	sna	Notes And Loans Receivable Recorded Investment Sixty To Ninety Days Past Due NotesAndLoansReceivableRecordedInvestmentSixtyToNinetyDaysPastDue	6300000
CY2016Q2	sna	Deferred Discounts Finance Charges And Interest Included In Notes And Loans Receivable Non Current DeferredDiscountsFinanceChargesAndInterestIncludedInNotesAndLoansReceivableNonCurrent	12600000
CY2016Q2	sna	Notes And Loans Receivable Recorded Investment Ninety Days Past Due And Still Accruing NotesAndLoansReceivableRecordedInvestmentNinetyDaysPastDueAndStillAccruing	9400000
CY2016Q2	sna	Deferred Discounts Finance Charges And Interest Included In Contract Receivables Non Current DeferredDiscountsFinanceChargesAndInterestIncludedInContractReceivablesNonCurrent	20900000
CY2016Q2	sna	Other Short Term And Long Term Debt OtherShortTermAndLongTermDebt	35400000
CY2016Q2	sna	Contract Receivable Net Current ContractReceivableNetCurrent	77400000
CY2016Q2	sna	Current Notes And Loans And Contract Receivables Net CurrentNotesAndLoansAndContractReceivablesNet	530700000
CY2016Q2	sna	Impaired Notes And Loans Receivables ImpairedNotesAndLoansReceivables	18600000
CY2016Q2	sna	Notes And Loans And Contract Receivable Gross Non Current NotesAndLoansAndContractReceivableGrossNonCurrent	1118600000
CY2016Q2	sna	Allowance For Contracts Receivable Current AllowanceForContractsReceivableCurrent	1400000
CY2016Q2	sna	Notes And Loans Receivable Recorded Investment Greater Than Ninety Days Past Due NotesAndLoansReceivableRecordedInvestmentGreaterThanNinetyDaysPastDue	12400000
CY2016Q2	sna	Contract Receivable Recorded Investment Greater Than Ninety Days Past Due ContractReceivableRecordedInvestmentGreaterThanNinetyDaysPastDue	1900000
CY2016Q2	sna	Contract Receivable Recorded Investment Past Due ContractReceivableRecordedInvestmentPastDue	4500000
CY2016Q2	sna	Contract Receivable Recorded Investment Nonaccrual Status ContractReceivableRecordedInvestmentNonaccrualStatus	2300000
CY2016Q2	sna	Allowance For Notes And Loans And Contract Receivables Noncurrent AllowanceForNotesAndLoansAndContractReceivablesNoncurrent	29500000
CY2016Q2	sna	Contract Receivable Allowance For Credit Losses ContractReceivableAllowanceForCreditLosses	4600000
CY2016Q2	sna	Contract Receivable Recorded Investment Thirty To Fifty Nine Days Past Due ContractReceivableRecordedInvestmentThirtyToFiftyNineDaysPastDue	1500000
CY2016Q2	sna	Intangible Assets Accumulated Amortization Excluding Goodwill IntangibleAssetsAccumulatedAmortizationExcludingGoodwill	234600000
CY2016Q2	sna	Notes And Loans Receivable Allowance For Credit Losses NotesAndLoansReceivableAllowanceForCreditLosses	39900000
CY2016Q2	sna	Contract Receivable Not Past Due ContractReceivableNotPastDue	349500000
CY2016Q2	sna	Notes And Loans Receivable NotesAndLoansReceivable	1310300000
CY2016Q2	sna	Allowance For Notes And Loans And Contract Receivables Current AllowanceForNotesAndLoansAndContractReceivablesCurrent	15000000
CY2016Q2	sna	Notes And Loans Receivable Not Past Due NotesAndLoansReceivableNotPastDue	1283000000
CY2016Q2	sna	Deferred Discounts Finance Charges And Interest Included In Notes And Loans Receivable Current DeferredDiscountsFinanceChargesAndInterestIncludedInNotesAndLoansReceivableCurrent	17300000
CY2016Q2	sna	Deferred Discounts Finance Charges And Interest Included In Contract Receivables Current DeferredDiscountsFinanceChargesAndInterestIncludedInContractReceivablesCurrent	15400000
CY2016Q2	sna	Contract Receivable Recorded Investment Sixty To Ninety Days Past Due ContractReceivableRecordedInvestmentSixtyToNinetyDaysPastDue	1100000
CY2016Q2	sna	Contract Receivable Recorded Investment Ninety Days Past Due And Still Accruing ContractReceivableRecordedInvestmentNinetyDaysPastDueAndStillAccruing	400000
CY2015Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	17300000
CY2015Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2225300000
CY2015Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-248200000
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	132900000
CY2015Q1	sna	Contract Receivable Allowance For Credit Losses ContractReceivableAllowanceForCreditLosses	3500000
CY2015Q1	sna	Notes And Loans Receivable Allowance For Credit Losses NotesAndLoansReceivableAllowanceForCreditLosses	32700000
CY2016Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	9306499	shares
CY2016Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
CY2016Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
CY2016Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2016Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	67392545	shares
CY2016Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1
CY2016Q1	us-gaap	Deposit Liability Current DepositLiabilityCurrent	64400000
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	2412700000
CY2016Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	861700000
CY2016Q1	us-gaap	Postemployment Benefits Liability Noncurrent PostemploymentBenefitsLiabilityNoncurrent	37900000
CY2016Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	88500000
CY2016Q1	us-gaap	Commercial Paper CommercialPaper	0
CY2016Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	296300000
CY2016Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	228700000
CY2016Q1	us-gaap	Long Term Debt LongTermDebt	880100000
CY2016Q1	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	5900000
CY2016Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	296000000
CY2016Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	18400000
CY2016Q1	us-gaap	Allowance For Notes And Loans Receivable Noncurrent AllowanceForNotesAndLoansReceivableNoncurrent	24800000
CY2016Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	148300000
CY2016Q1	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	91000000
CY2016Q1	us-gaap	Restructuring Reserve RestructuringReserve	4100000
CY2016Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	16700000
CY2016Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	52100000
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2986900000
CY2016Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	16400000
CY2016Q1	us-gaap	Liabilities Liabilities	1900400000
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4331100000
CY2016Q1	us-gaap	Common Stock Value CommonStockValue	67400000
CY2016Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2016Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2430700000
CY2016Q1	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	227800000
CY2016Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	684400000
CY2016Q1	us-gaap	Allowance For Notes And Loans Receivable Current AllowanceForNotesAndLoansReceivableCurrent	13400000
CY2016Q1	us-gaap	Minority Interest MinorityInterest	18000000
CY2016Q1	us-gaap	Liabilities Current LiabilitiesCurrent	670200000
CY2016Q1	us-gaap	Preferred Stock Value PreferredStockValue
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-364200000
CY2016Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	14300000
CY2016Q1	us-gaap	Notes Payable Current NotesPayableCurrent	18400000
CY2016Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	90300000
CY2016Q1	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	447300000
CY2016Q1	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	60400000
CY2016Q1	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	780300000
CY2016Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	44000000
CY2016Q1	us-gaap	Fifo Inventory Amount FIFOInventoryAmount	571100000
CY2016Q1	us-gaap	Notes And Loans Receivable Gross Current NotesAndLoansReceivableGrossCurrent	460700000
CY2016Q1	us-gaap	Assets Assets	4331100000
CY2016Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	195000000
CY2016Q1	us-gaap	Inventory Net InventoryNet	497800000
CY2016Q1	us-gaap	Notes And Loans Receivable Gross Noncurrent NotesAndLoansReceivableGrossNoncurrent	797500000
CY2016Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	562500000
CY2016Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	413500000
CY2016Q1	us-gaap	Excess Of Replacement Or Current Costs Over Stated Lifo Value ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue	-73300000
CY2016Q1	us-gaap	Treasury Stock Value TreasuryStockValue	573700000
CY2016Q1	us-gaap	Assets Current AssetsCurrent	1788800000
CY2016Q1	us-gaap	Land Land	19700000
CY2016Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	361400000
CY2016Q1	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	772700000
CY2016Q1	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	297900000
CY2016Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	437900000
CY2016Q1	us-gaap	Goodwill Goodwill	790100000
CY2016Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	42900000
CY2016Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	106300000
CY2016Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	92800000
CY2016Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1097900000
CY2016Q1	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	34200000
CY2016Q1	us-gaap	Indefinite Lived Trademarks IndefiniteLivedTrademarks	62300000
CY2016Q1	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	579200000
CY2016Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	423700000
CY2016Q1	us-gaap	Investment Owned Foreign Currency Contract Reporting Currency Amount Current Value InvestmentOwnedForeignCurrencyContractReportingCurrencyAmountCurrentValue	98300000
CY2016Q1	sna	Notes And Loans And Contract Receivables Net Non Current NotesAndLoansAndContractReceivablesNetNonCurrent	1039300000
CY2016Q1	sna	Allowance For Contract Receivable Noncurrent AllowanceForContractReceivableNoncurrent	3000000
CY2016Q1	sna	Contract Receivable Gross Current ContractReceivableGrossCurrent	83500000
CY2016Q1	sna	Notes And Loans And Contract Receivable Gross Current NotesAndLoansAndContractReceivableGrossCurrent	544200000
CY2016Q1	sna	Contract Receivables Net Noncurrent ContractReceivablesNetNoncurrent	266600000
CY2016Q1	sna	Notes And Loans Receivable Recorded Investment Past Due NotesAndLoansReceivableRecordedInvestmentPastDue	31600000
CY2016Q1	sna	Impaired Contract Receivables ImpairedContractReceivables	1700000
CY2016Q1	sna	Contract Receivable Gross Noncurrent ContractReceivableGrossNoncurrent	269600000
CY2016Q1	sna	Notes And Loans Receivable Recorded Investment Thirty To Fifty Nine Days Past Due NotesAndLoansReceivableRecordedInvestmentThirtyToFiftyNineDaysPastDue	12100000
CY2016Q1	sna	Notes And Loans Receivable Recorded Investment Non Accrual Status NotesAndLoansReceivableRecordedInvestmentNonAccrualStatus	9300000
CY2016Q1	sna	Contract Receivable ContractReceivable	353100000
CY2016Q1	sna	Notes And Loans Receivable Recorded Investment Sixty To Ninety Days Past Due NotesAndLoansReceivableRecordedInvestmentSixtyToNinetyDaysPastDue	7600000
CY2016Q1	sna	Deferred Discounts Finance Charges And Interest Included In Notes And Loans Receivable Non Current DeferredDiscountsFinanceChargesAndInterestIncludedInNotesAndLoansReceivableNonCurrent	10900000
CY2016Q1	sna	Notes And Loans Receivable Recorded Investment Ninety Days Past Due And Still Accruing NotesAndLoansReceivableRecordedInvestmentNinetyDaysPastDueAndStillAccruing	9100000
CY2016Q1	sna	Deferred Discounts Finance Charges And Interest Included In Contract Receivables Non Current DeferredDiscountsFinanceChargesAndInterestIncludedInContractReceivablesNonCurrent	21100000
CY2016Q1	sna	Other Short Term And Long Term Debt OtherShortTermAndLongTermDebt	30100000
CY2016Q1	sna	Contract Receivable Net Current ContractReceivableNetCurrent	82100000
CY2016Q1	sna	Current Notes And Loans And Contract Receivables Net CurrentNotesAndLoansAndContractReceivablesNet	529400000
CY2016Q1	sna	Impaired Notes And Loans Receivables ImpairedNotesAndLoansReceivables	18200000
CY2016Q1	sna	Notes And Loans And Contract Receivable Gross Non Current NotesAndLoansAndContractReceivableGrossNonCurrent	1067100000
CY2016Q1	sna	Allowance For Contracts Receivable Current AllowanceForContractsReceivableCurrent	1400000
CY2016Q1	sna	Notes And Loans Receivable Recorded Investment Greater Than Ninety Days Past Due NotesAndLoansReceivableRecordedInvestmentGreaterThanNinetyDaysPastDue	11900000
CY2016Q1	sna	Contract Receivable Recorded Investment Greater Than Ninety Days Past Due ContractReceivableRecordedInvestmentGreaterThanNinetyDaysPastDue	1300000
CY2016Q1	sna	Contract Receivable Recorded Investment Past Due ContractReceivableRecordedInvestmentPastDue	3300000
CY2016Q1	sna	Contract Receivable Recorded Investment Nonaccrual Status ContractReceivableRecordedInvestmentNonaccrualStatus	1500000
CY2016Q1	sna	Allowance For Notes And Loans And Contract Receivables Noncurrent AllowanceForNotesAndLoansAndContractReceivablesNoncurrent	27800000
CY2016Q1	sna	Contract Receivable Allowance For Credit Losses ContractReceivableAllowanceForCreditLosses	4400000
CY2016Q1	sna	Allowance For Notes And Loans And Contract Receivables Current AllowanceForNotesAndLoansAndContractReceivablesCurrent	14800000
CY2016Q1	sna	Notes And Loans Receivable Not Past Due NotesAndLoansReceivableNotPastDue	1226600000
CY2016Q1	sna	Contract Receivable Recorded Investment Thirty To Fifty Nine Days Past Due ContractReceivableRecordedInvestmentThirtyToFiftyNineDaysPastDue	1300000
CY2016Q1	sna	Contract Receivable Not Past Due ContractReceivableNotPastDue	349800000
CY2016Q1	sna	Notes And Loans Receivable NotesAndLoansReceivable	1258200000
CY2016Q1	sna	Intangible Assets Accumulated Amortization Excluding Goodwill IntangibleAssetsAccumulatedAmortizationExcludingGoodwill	228700000
CY2016Q1	sna	Notes And Loans Receivable Allowance For Credit Losses NotesAndLoansReceivableAllowanceForCreditLosses	38200000
CY2016Q1	sna	Deferred Discounts Finance Charges And Interest Included In Notes And Loans Receivable Current DeferredDiscountsFinanceChargesAndInterestIncludedInNotesAndLoansReceivableCurrent	16900000
CY2016Q1	sna	Deferred Discounts Finance Charges And Interest Included In Contract Receivables Current DeferredDiscountsFinanceChargesAndInterestIncludedInContractReceivablesCurrent	15100000
CY2016Q1	sna	Contract Receivable Recorded Investment Sixty To Ninety Days Past Due ContractReceivableRecordedInvestmentSixtyToNinetyDaysPastDue	700000
CY2016Q1	sna	Contract Receivable Recorded Investment Ninety Days Past Due And Still Accruing ContractReceivableRecordedInvestmentNinetyDaysPastDueAndStillAccruing	300000
CY2016	sna	Debt Instrument Interest Rate Swap Adjustment DebtInstrumentInterestRateSwapAdjustment	12900000
CY2015Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.87
CY2015Q2	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	78100000
CY2015Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	340000	shares
CY2015Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.53
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	59105309	shares
CY2015Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	972913	shares
CY2015Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	58132396	shares
CY2015Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.90
CY2015Q2	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	20200000
CY2015Q2	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	11000000
CY2015Q2	us-gaap	Net Income Loss NetIncomeLoss	110500000
CY2015Q2	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	198800000
CY2015Q2	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	3700000
CY2015Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-91000000
CY2015Q2	us-gaap	Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions	15100000
CY2015Q2	us-gaap	Sales Revenue Net SalesRevenueNet	827800000
CY2015Q2	us-gaap	Revenues Revenues	885200000
CY2015Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-96300000
CY2015Q2	us-gaap	Interest Paid InterestPaid	23700000
CY2015Q2	us-gaap	Profit Loss ProfitLoss	113200000
CY2015Q2	us-gaap	Payments Of Dividends PaymentsOfDividends	30900000
CY2015Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	-3400000
CY2015Q2	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	27000000
CY2015Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	49700000
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	178200000
CY2015Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	24000000
CY2015Q2	us-gaap	Gross Profit GrossProfit	410100000
CY2015Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-700000
CY2015Q2	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	-2700000
CY2015Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-96300000
CY2015Q2	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-800000
CY2015Q2	us-gaap	Financial Services Revenue FinancialServicesRevenue	57400000
CY2015Q2	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	3300000
CY2015Q2	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	11000000
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	19500000
CY2015Q2	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	2800000
CY2015Q2	us-gaap	Effect Of Lifo Inventory Liquidation On Income EffectOfLIFOInventoryLiquidationOnIncome	0
CY2015Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	100000
CY2015Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	20700000
CY2015Q2	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	18100000
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	22200000
CY2015Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	500000
CY2015Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	164500000
CY2015Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	51800000
CY2015Q2	us-gaap	Share Based Compensation ShareBasedCompensation	11500000
CY2015Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	417700000
CY2015Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-8800000
CY2015Q2	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-28700000
CY2015Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	49700000
CY2015Q2	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-18500000
CY2015Q2	us-gaap	Operating Expenses OperatingExpenses	272200000
CY2015Q2	us-gaap	Interest Expense InterestExpense	13000000
CY2015Q2	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-59500000
CY2015Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-5300000
CY2015Q2	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-35300000
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2700000
CY2015Q2	us-gaap	Proceeds From Sale And Collection Of Finance Receivables ProceedsFromSaleAndCollectionOfFinanceReceivables	160200000
CY2015Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	10700000
CY2015Q2	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	14500000
CY2015Q2	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	7100000
CY2015Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-1800000
CY2015Q2	us-gaap	Restructuring And Related Cost Incurred Cost RestructuringAndRelatedCostIncurredCost	0
CY2015Q2	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	11000000
CY2015Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-5400000
CY2015Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6200000
CY2015Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	30900000
CY2015Q2	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	24900000
CY2015Q2	us-gaap	Financial Services Costs FinancialServicesCosts	17100000
CY2015Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-3000000
CY2015Q2	us-gaap	Depreciation Depreciation	13800000
CY2015Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2700000
CY2015Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	100000
CY2015Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4900000
CY2015Q2	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	3900000
CY2015Q2	sna	Operating Earnings Before Financial Services OperatingEarningsBeforeFinancialServices	137900000
CY2015Q2	sna	Contract Receivables Provision For Bad Debt Expense ContractReceivablesProvisionForBadDebtExpense	900000
CY2015Q2	sna	Earnings Before Equity Earnings EarningsBeforeEquityEarnings	112700000
CY2015Q2	sna	Stock Compensation Plans StockCompensationPlans	13100000
CY2015Q2	sna	Net Increase Decrease In Other Short Term Borrowing NetIncreaseDecreaseInOtherShortTermBorrowing	22800000
CY2015Q2	sna	Notes And Loans Receivable Allowance For Credit Losses Recoveries NotesAndLoansReceivableAllowanceForCreditLossesRecoveries	1500000
CY2015Q2	sna	Contract Receivable Charge Offs ContractReceivableChargeOffs	400000
CY2015Q2	sna	Operating Earnings From Segment OperatingEarningsFromSegment	40300000
CY2015Q2	sna	Contract Receivables Foreign Currency Translation Adjustments ContractReceivablesForeignCurrencyTranslationAdjustments	100000
CY2015Q2	sna	Notes And Loans Receivable Allowance For Credit Losses Write Offs NotesAndLoansReceivableAllowanceForCreditLossesWriteOffs	7800000
CY2015Q2	sna	Notes And Loans Receivable Allowance For Credit Losses Currency Translation Adjustment NotesAndLoansReceivableAllowanceForCreditLossesCurrencyTranslationAdjustment	100000
CY2015Q2	sna	Net Earnings Excluding Net Income Loss Attributable To Redeemable Noncontrolling Interest NetEarningsExcludingNetIncomeLossAttributableToRedeemableNoncontrollingInterest	113200000
CY2015Q2	sna	Effective Income Tax Rate On Earnings EffectiveIncomeTaxRateOnEarnings	0.320	pure
CY2016Q2	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2016Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.16
CY2016Q2	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	141600000
CY2016Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	157000	shares
CY2016Q2	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q2	dei	Amendment Flag AmendmentFlag	false
CY2016Q2	dei	Document Type DocumentType	10-Q
CY2016Q2	dei	Entity Central Index Key EntityCentralIndexKey	0000091440
CY2016Q2	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2016Q2	us-gaap	Finite Lived Intangible Asset Useful Life FiniteLivedIntangibleAssetUsefulLife	P11Y
CY2016Q2	us-gaap	Derivative Higher Remaining Maturity Range1 DerivativeHigherRemainingMaturityRange1	P5Y
CY2016Q2	dei	Entity Registrant Name EntityRegistrantName	SNAP-ON Inc
CY2016Q2	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2016Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.61
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	59452274	shares
CY2016Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1339764	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	58112510	shares
CY2016Q2	dei	Document Period End Date DocumentPeriodEndDate	2016-04-02
CY2016Q2	us-gaap	Use Of Estimates UseOfEstimates	<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Use of Estimates</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> </div>
CY2016Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	19900000
CY2016Q2	us-gaap	Interest Paid InterestPaid	23900000
CY2016Q2	dei	Trading Symbol TradingSymbol	SNA
CY2016Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.21
CY2016Q2	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	800000
CY2016Q2	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	4800000
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	128300000
CY2016Q2	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	230900000
CY2016Q2	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	3000000
CY2016Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	24100000
CY2016Q2	us-gaap	Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions	10200000
CY2016Q2	us-gaap	Sales Revenue Net SalesRevenueNet	834200000
CY2016Q2	us-gaap	Revenues Revenues	900500000
CY2016Q2	us-gaap	Profit Loss ProfitLoss	131300000
CY2016Q2	us-gaap	Payments Of Dividends PaymentsOfDividends	35400000
CY2016Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	-2500000
CY2016Q2	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	15500000
CY2016Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	23100000
CY2016Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	202400000
CY2016Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	9900000
CY2016Q2	us-gaap	Gross Profit GrossProfit	415300000
CY2016Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-700000
CY2016Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	19900000
CY2016Q2	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-900000
CY2016Q2	us-gaap	Financial Services Revenue FinancialServicesRevenue	66300000
CY2016Q2	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-300000
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	152400000
CY2016Q2	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	3500000
CY2016Q2	us-gaap	Effect Of Lifo Inventory Liquidation On Income EffectOfLIFOInventoryLiquidationOnIncome	0
CY2016Q2	us-gaap	Payments For Restructuring PaymentsForRestructuring	900000
CY2016Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	100000
CY2016Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	17700000
CY2016Q2	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	19500000
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	155400000
CY2016Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	300000
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	188600000
CY2016Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	57600000
CY2016Q2	us-gaap	Share Based Compensation ShareBasedCompensation	5800000
CY2016Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	418900000
CY2016Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-6800000
CY2016Q2	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-23500000
CY2016Q2	us-gaap	Proceeds From Sale Of Other Property Plant And Equipment ProceedsFromSaleOfOtherPropertyPlantAndEquipment	200000
CY2016Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	23100000
CY2016Q2	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	13500000
CY2016Q2	us-gaap	Operating Expenses OperatingExpenses	259900000
CY2016Q2	us-gaap	Restructuring Charges RestructuringCharges	0
CY2016Q2	us-gaap	Interest Expense InterestExpense	13100000
CY2016Q2	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-79600000
CY2016Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-4200000
CY2016Q2	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-49300000
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	3000000
CY2016Q2	us-gaap	Proceeds From Sale And Collection Of Finance Receivables ProceedsFromSaleAndCollectionOfFinanceReceivables	174100000
CY2016Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	9400000
CY2016Q2	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	9900000
CY2016Q2	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	9300000
CY2016Q2	us-gaap	Goodwill Translation And Purchase Accounting Adjustments GoodwillTranslationAndPurchaseAccountingAdjustments	7000000
CY2016Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	800000
CY2016Q2	us-gaap	Restructuring And Related Cost Incurred Cost RestructuringAndRelatedCostIncurredCost	0
CY2016Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-4300000
CY2016Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6100000
CY2016Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	35400000
CY2016Q2	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	15000000
CY2016Q2	us-gaap	Financial Services Costs FinancialServicesCosts	19300000
CY2016Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-3500000
CY2016Q2	us-gaap	Stockholders Equity Other StockholdersEquityOther	3200000
CY2016Q2	us-gaap	Depreciation Depreciation	14900000
CY2016Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	3000000
CY2016Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	100000
CY2016Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	3200000
CY2016Q2	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	2900000
CY2016Q2	sna	Operating Earnings Before Financial Services OperatingEarningsBeforeFinancialServices	155400000
CY2016Q2	sna	Contract Receivables Recoveries ContractReceivablesRecoveries	100000
CY2016Q2	sna	Contract Receivables Provision For Bad Debt Expense ContractReceivablesProvisionForBadDebtExpense	400000
CY2016Q2	sna	Trade And Other Accounts Receivable Non Extended Term Payment Maximum TradeAndOtherAccountsReceivableNonExtendedTermPaymentMaximum	P120D
CY2016Q2	sna	Trade And Other Accounts Receivable Non Extended Term Payment Minimum TradeAndOtherAccountsReceivableNonExtendedTermPaymentMinimum	P30D
CY2016Q2	sna	Other Nonoperating Income Expense Other OtherNonoperatingIncomeExpenseOther	100000
CY2016Q2	sna	Minimum Period Past Due To Consider Notes And Loans Non Accrual Receivables Non Performing MinimumPeriodPastDueToConsiderNotesAndLoansNonAccrualReceivablesNonPerforming	P90D
CY2016Q2	sna	Earnings Before Equity Earnings EarningsBeforeEquityEarnings	131000000
CY2016Q2	sna	Stock Compensation Plans StockCompensationPlans	10700000
CY2016Q2	sna	Net Increase Decrease In Other Short Term Borrowing NetIncreaseDecreaseInOtherShortTermBorrowing	3600000
CY2016Q2	sna	Notes And Loans Receivable Allowance For Credit Losses Recoveries NotesAndLoansReceivableAllowanceForCreditLossesRecoveries	1900000
CY2016Q2	sna	Minimum Period Past Due To Consider Receivable Balances As Delinquent MinimumPeriodPastDueToConsiderReceivableBalancesAsDelinquent	P30D
CY2016Q2	sna	Contract Receivable Charge Offs ContractReceivableChargeOffs	400000
CY2016Q2	sna	Operating Earnings From Segment OperatingEarningsFromSegment	47000000
CY2016Q2	sna	Contract Receivables Extended Term Installment Loans Term ContractReceivablesExtendedTermInstallmentLoansTerm	P10Y
CY2016Q2	sna	Contract Receivables Foreign Currency Translation Adjustments ContractReceivablesForeignCurrencyTranslationAdjustments	-100000
CY2016Q2	sna	Debt Instrument Interest Rate Swap Adjustment DebtInstrumentInterestRateSwapAdjustment	14900000
CY2016Q2	sna	Notes And Loans Receivables Extended Term Payment Plan Term NotesAndLoansReceivablesExtendedTermPaymentPlanTerm	P3Y
CY2016Q2	sna	Notes And Loans Receivable Allowance For Credit Losses Write Offs NotesAndLoansReceivableAllowanceForCreditLossesWriteOffs	9600000
CY2016Q2	sna	Minimum Period Past Due To Place Contract Receivables On Nonaccrual Status MinimumPeriodPastDueToPlaceContractReceivablesOnNonaccrualStatus	P90D
CY2016Q2	sna	Notes And Loans Receivable Allowance For Credit Losses Currency Translation Adjustment NotesAndLoansReceivableAllowanceForCreditLossesCurrencyTranslationAdjustment	-100000
CY2016Q2	sna	Net Earnings Excluding Net Income Loss Attributable To Redeemable Noncontrolling Interest NetEarningsExcludingNetIncomeLossAttributableToRedeemableNoncontrollingInterest	131300000
CY2016Q2	sna	Effective Income Tax Rate On Earnings EffectiveIncomeTaxRateOnEarnings	0.310	pure

Files In Submission

Name	View Source	Status
0001193125-16-549686-index-headers.html	Edgar Link	pending
0001193125-16-549686-index.html	Edgar Link	pending
0001193125-16-549686.txt	Edgar Link	pending
0001193125-16-549686-xbrl.zip	Edgar Link	pending
d161415d10q.htm	Edgar Link	pending
d161415dex311.htm	Edgar Link	pending
d161415dex312.htm	Edgar Link	pending
d161415dex321.htm	Edgar Link	pending
d161415dex322.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
g161415g0415230330173.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R82.htm	Edgar Link	pending
R83.htm	Edgar Link	pending
R84.htm	Edgar Link	pending
R85.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
sna-20160402.xml	Edgar Link	completed
sna-20160402.xsd	Edgar Link	pending
sna-20160402_cal.xml	Edgar Link	unprocessable
sna-20160402_def.xml	Edgar Link	unprocessable
sna-20160402_lab.xml	Edgar Link	unprocessable
sna-20160402_pre.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$SNA
Snap-on Inc Stock $sna

2016 Q2 Form 10-Q Financial Statement

#000119312516549686 Filed on April 21, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SNA Snap-on Inc Stock $sna

2016 Q2 Form 10-Q Financial Statement

#000119312516549686 Filed on April 21, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SNA
Snap-on Inc Stock $sna