Commitments and Contingencies

6 Months Ended

Jul. 04, 2026

Commitments and Contingencies Disclosure [Abstract]

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

Snap-on’s product warranty accrual activity for the three and six month periods ended July 4, 2026, and June 28, 2025, is as follows:


	Three Months Ended				Six Months Ended
(Amounts in millions)	July 4, 2026		June 28, 2025		July 4, 2026		June 28, 2025
Warranty reserve:
Beginning of period	$	14.4	$	15.4	$	14.5	$	15.2
Additions	3.4		3.7		7.3		7.2
Usage	(3.6)		(3.7)		(7.6)		(7.0)
End of period	$	14.2	$	15.4	$	14.2	$	15.4

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

Snap-on Inc 10-Q