XML 43 R32.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill and Other Intangible Assets - (Tables)
6 Months Ended
Jun. 27, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill by Segment
The changes in the carrying amount of goodwill by segment for the six months ended June 27, 2020, are as follows:
(Amounts in millions)Commercial
& Industrial
Group
Snap-on
Tools Group
Repair Systems
& Information
Group
Total
Balance as of December 28, 2019$286.2  $12.5  $615.1  $913.8  
Currency translation2.3  —  (0.3) 2.0  
Acquisitions and related adjustments—  —  8.7  8.7  
Balance as of June 27, 2020$288.5  $12.5  $623.5  $924.5  
Other Intangible Assets by Major Class
Additional disclosures related to other intangible assets are as follows:
June 27, 2020December 28, 2019
(Amounts in millions)Gross Carrying
Value
Accumulated
Amortization
Gross Carrying
Value
Accumulated
Amortization
Amortized other intangible assets:
Customer relationships$182.1  $(122.6) $182.9  $(117.9) 
Developed technology19.5  (18.9) 19.8  (18.9) 
Internally developed software166.7  (122.1) 168.0  (125.4) 
Patents40.5  (24.2) 38.5  (23.7) 
Trademarks3.6  (2.1) 3.5  (2.1) 
Other7.2  (3.2) 7.3  (3.1) 
Total419.6  (293.1) 420.0  (291.1) 
Non-amortized trademarks114.5  —  115.0  —  
Total other intangible assets$534.1  $(293.1) $535.0  $(291.1) 
Weighted-Average Amortization Period by Major Class
The weighted-average amortization periods related to other intangible assets are as follows:
 In Years
Customer relationships15
Developed technology2
Internally developed software6
Patents7
Trademarks5
Other39