SNAP-ON Inc | 2013 | FY | 3


Advertising and promotion: Production costs of future media advertising are deferred until the advertising occurs. All other advertising and promotion costs are expensed when incurred. For 2013, 2012 and 2011, advertising and promotion expenses totaled $49.9 million, $50.1 million and $46.3 million, respectively. Advertising and promotion costs are included in “Operating expenses” on the accompanying Consolidated Statements of Earnings.