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, 2002
                                                            ----------------


                              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 5.           Other Events

On October 22, 2002, Snap-on Incorporated (the "Corporation") issued a press
release entitled "Snap-on Third Quarter EPS in Line with Recent Outlook; Strong
Cash Flow Continues from Operational Fitness Improvements." The text of the
press release is filed herewith as Exhibit 99 and incorporated herein by
reference. 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.

Item 7.           Financial Statements and Exhibits

(c) Exhibits

      99          Press Release of Snap-on Incorporated, dated October 22, 2002






                                  EXHIBIT INDEX

Exhibit Number    Description

99                Press Release of Snap-on Incorporated, dated October 22, 2002







                                   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, 2002         By: /s/ Blaine A. Metzger
                                   ---------------------------------------------
                                Blaine A. Metzger, Principal Accounting Officer,
                                Vice President and Controller