v3.26.1
Pension Plans
 3 Months Ended
Apr. 04, 2026
Retirement Benefits [Abstract]  
Pension Plans Pension Plans
Snap-on’s pension net periodic benefit cost included the following components:
Three Months Ended
(Amounts in millions)April 4,
2026		March 29,
2025
Service cost$5.2 $5.1 
Interest cost16.7 16.6 
Expected return on plan assets(23.8)(23.0)
Amortization of unrecognized loss4.5 5.5 
Net periodic benefit cost$2.6 $4.2 
The components of pension net periodic benefit cost, other than the service cost component, are included in “Other income (expense) – net” on the accompanying Condensed Consolidated Statements of Earnings. See Note 16 for additional information on other income (expense) – net.
Snap-on intends to make contributions of $4.5 million to its foreign pension plans and $3.7 million to its domestic pension plans in 2026, as required by law. Depending on market and other conditions, Snap-on may make discretionary cash contributions to its pension plans in 2026.