UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT


Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)    October 22, 2003
                                                    ----------------


                              Snap-on Incorporated
             (Exact name of registrant as specified in its charter)


           Delaware                      1-7724                   39-0622040
           --------                      ------                   ----------
(State or other jurisdiction of  (Commission File Number)     (I.R.S. Employer
incorporation or organization)                              Identification  No.)


          10801 Corporate Drive, Pleasant Prairie, Wisconsin 53158-1603
          -------------------------------------------------------------
                    (Address of principal executive offices)

Registrant's telephone number, including area code:   (262) 656-5200
                                                      ---------------



Item 7.        Financial Statements and Exhibits
-------        ---------------------------------

(c) Exhibits

     99        Press Release of Snap-on Incorporated, dated October 22, 2003


Item 12.       Results of Operations and Financial Condition
--------       ---------------------------------------------

On October 22, 2003, Snap-on Incorporated (the "Corporation") issued a press
release entitled "Snap-on Reports Sales Increase of 4.6% and EPS of $0.30 for
the Third Quarter, Results include $0.15 per Share of Costs to Close Two
Facilities, Strong Cash Flow Continues." The text of the press release is
incorporated herein by reference. The press release is being furnished pursuant
to Item 12 - Results of Operations and Financial Condition.

The press release also contains cautionary statements identifying important
factors that could cause actual results of the Corporation to differ materially
from those described in any forward-looking statement of the Corporation.

The press release also contains information concerning the impacts of foreign
currency translation on certain items of reported results, and this information
may include non-GAAP financial measures. The Corporation presents information in
this manner to show changes in these items of reported results apart from those
related to the quarterly volatility of foreign currency changes.



SIGNATURES
----------

Pursuant to the requirements of the Securities and Exchange Act of 1934, Snap-on
Incorporated has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


                                   SNAP-ON INCORPORATED



Date:  October 22, 2003            By:    /s/ Martin M. Ellen
                                      ------------------------------------------
                                   Martin M. Ellen, Principal Financial Officer,
                                   Senior Vice President - Finance and
                                   Chief Financial Officer



                                  EXHIBIT INDEX

Exhibit Number            Description
--------------            -----------

99                        Press Release of Snap-on Incorporated, dated
                          October 22, 2003 entitled "Snap-on Reports Sales
                          Increase of 4.6% and EPS of $0.30 for the Third
                          Quarter, Results include $0.15 per Share of Costs
                          to Close Two Facilities, Strong Cash Flow Continues."