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Segments - (Tables)
6 Months Ended
Jun. 29, 2019
Segment Reporting [Abstract]  
Net Sales by Segment
Financial Data by Segment:
 
Three Months Ended
 
Six Months Ended
(Amounts in millions)
June 29,
2019
 
June 30,
2018
 
June 29,
2019
 
June 30,
2018
Net sales:
 
 
 
 
 
 
 
Commercial & Industrial Group
$
335.0

 
$
337.8

 
$
657.5

 
$
669.4

Snap-on Tools Group
405.8

 
411.9

 
816.0

 
816.6

Repair Systems & Information Group
348.9

 
343.1

 
676.8

 
680.1

Segment net sales
1,089.7

 
1,092.8

 
2,150.3

 
2,166.1

Intersegment eliminations
(138.4
)
 
(138.2
)
 
(277.3
)
 
(276.0
)
Total net sales
$
951.3

 
$
954.6

 
$
1,873.0

 
$
1,890.1

Financial Services revenue
84.1

 
82.0

 
169.7

 
165.0

Total revenues
$
1,035.4

 
$
1,036.6

 
$
2,042.7

 
$
2,055.1

Operating earnings:
 
 
 
 
 
 
 
Commercial & Industrial Group
$
48.9

 
$
49.0

 
$
95.4

 
$
95.5

Snap-on Tools Group
71.3

 
79.0

 
138.5

 
147.9

Repair Systems & Information Group
88.6

 
88.7

 
172.2

 
174.5

Financial Services
60.6

 
57.8

 
122.7

 
114.7

Segment operating earnings
269.4

 
274.5

 
528.8

 
532.6

Corporate
(18.9
)
 
(23.6
)
 
(28.8
)
 
(47.1
)
Operating earnings
$
250.5

 
$
250.9

 
$
500.0

 
$
485.5

Interest expense
(12.4
)
 
(12.0
)
 
(24.9
)
 
(25.6
)
Other income (expense) – net
2.1

 
(0.6
)
 
3.6

 
2.2

Earnings before income taxes and equity earnings
$
240.2

 
$
238.3

 
$
478.7

 
$
462.1


Assets by Segment
(Amounts in millions)
June 29,
2019
 
December 29,
2018
Assets:
 
 
 
Commercial & Industrial Group
$
1,136.4

 
$
1,087.9

Snap-on Tools Group
794.3

 
752.7

Repair Systems & Information Group
1,349.6

 
1,306.3

Financial Services
2,067.4

 
2,039.6

Total assets from reportable segments
$
5,347.7

 
$
5,186.5

Corporate
262.4

 
249.2

Elimination of intersegment receivables
(64.7
)
 
(62.6
)
Total assets
$
5,545.4

 
$
5,373.1