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Revenue Recognition - (Tables)
9 Months Ended
Sep. 26, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue The following table shows the consolidated revenues by revenue source:
Three Months EndedNine Months Ended
(Amounts in millions)September 26,
2020
September 28,
2019
September 26,
2020
September 28,
2019
Revenue from contracts with customers$935.8 $896.2 $2,500.8 $2,758.4 
Other revenues5.8 5.6 17.3 16.4 
Total net sales941.6 901.8 2,518.1 2,774.8 
Financial services revenue85.8 84.1 256.3 253.8 
Total revenues$1,027.4 $985.9 $2,774.4 $3,028.6 

Snap-on evaluates the performance of its operating segments based on segment revenues, including both external and intersegment net sales, and segment operating earnings. Snap-on accounts for both intersegment sales and transfers based primarily on standard costs with reasonable mark-ups established between the segments. Intersegment amounts are eliminated to arrive at Snap-on’s consolidated financial results.
The following tables represent external net sales disaggregated by geography, based on the customers’ billing addresses:

For the Three Months Ended September 26, 2020
CommercialSnap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)
GroupGroupGroupServicesEliminationsIncorporated
Net sales:
North America*$103.9 $389.2 $186.0 $— $— $679.1 
Europe66.8 38.6 54.9 — — 160.3 
All other65.0 22.0 15.2 — — 102.2 
External net sales235.7 449.8 256.1 — — 941.6 
Intersegment net sales72.7 — 61.4 — (134.1)— 
Total net sales308.4 449.8 317.5 — (134.1)941.6 
Financial services revenue— — — 85.8 — 85.8 
Total revenue$308.4 $449.8 $317.5 $85.8 $(134.1)$1,027.4 

For the Nine Months Ended September 26, 2020
Commercial Snap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales:
North America*$309.7 $1,007.6 $511.8 $— $— $1,829.1 
Europe188.8 87.2 148.4 — — 424.4 
All other168.7 54.2 41.7 — — 264.6 
External net sales667.2 1,149.0 701.9 — — 2,518.1 
Intersegment net sales203.0 — 175.2 — (378.2)— 
Total net sales870.2 1,149.0 877.1 — (378.2)2,518.1 
Financial services revenue— — — 256.3 — 256.3 
Total revenue$870.2 $1,149.0 $877.1 $256.3 $(378.2)$2,774.4 
* North America is comprised of the United States, Canada and Mexico.
For the Three Months Ended September 28, 2019
Commercial Snap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales:
North America*$125.3 $337.6 $188.3 $— $— $651.2 
Europe65.1 28.3 54.6 — — 148.0 
All other66.6 19.3 16.7 — — 102.6 
External net sales257.0 385.2 259.6 — — 901.8 
Intersegment net sales78.3 — 63.1 — (141.4)— 
Total net sales335.3 385.2 322.7 — (141.4)901.8 
Financial services revenue— — — 84.1 — 84.1 
Total revenue$335.3 $385.2 $322.7 $84.1 $(141.4)$985.9 


For the Nine Months Ended September 28, 2019
CommercialSnap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales:
North America*$355.8 $1,039.3 $575.7 $— $— $1,970.8 
Europe214.8 101.7 176.4 — — 492.9 
All other198.9 60.2 52.0 — — 311.1 
External net sales769.5 1,201.2 804.1 — — 2,774.8 
Intersegment net sales223.3 — 195.4 — (418.7)— 
Total net sales992.8 1,201.2 999.5 — (418.7)2,774.8 
Financial services revenue— — — 253.8 — 253.8 
Total revenue$992.8 $1,201.2 $999.5 $253.8 $(418.7)$3,028.6 
* North America is comprised of the United States, Canada and Mexico.
The following tables represent external net sales disaggregated by customer type:
For the Three Months Ended September 26, 2020
Commercial Snap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales:
Vehicle service professionals$22.3 $449.8 $256.1 $— $— $728.2 
All other professionals213.4 — — — — 213.4 
External net sales235.7 449.8 256.1 — — 941.6 
Intersegment net sales72.7 — 61.4 — (134.1)— 
Total net sales308.4 449.8 317.5 — (134.1)941.6 
Financial services revenue— — — 85.8 — 85.8 
Total revenue$308.4 $449.8 $317.5 $85.8 $(134.1)$1,027.4 

For the Nine Months Ended September 26, 2020
CommercialSnap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales:
Vehicle service professionals$61.7 $1,149.0 $701.9 $— $— $1,912.6 
All other professionals605.5 — — — — 605.5 
External net sales667.2 1,149.0 701.9 — — 2,518.1 
Intersegment net sales203.0 — 175.2 — (378.2)— 
Total net sales870.2 1,149.0 877.1 — (378.2)2,518.1 
Financial services revenue— — — 256.3 — 256.3 
Total revenue$870.2 $1,149.0 $877.1 $256.3 $(378.2)$2,774.4 

For the Three Months Ended September 28, 2019
Commercial Snap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales:
Vehicle service professionals$20.8 $385.2 $259.6 $— $— $665.6 
All other professionals236.2 — — — — 236.2 
External net sales257.0 385.2 259.6 — — 901.8 
Intersegment net sales78.3 — 63.1 — (141.4)— 
Total net sales335.3 385.2 322.7 — (141.4)901.8 
Financial services revenue— — — 84.1 — 84.1 
Total revenue$335.3 $385.2 $322.7 $84.1 $(141.4)$985.9 
For the Nine Months Ended September 28, 2019
CommercialSnap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales:
Vehicle service professionals$64.8 $1,201.2 $804.1 $— $— $2,070.1 
All other professionals704.7 — — — — 704.7 
External net sales769.5 1,201.2 804.1 — — 2,774.8 
Intersegment net sales223.3 — 195.4 — (418.7)— 
Total net sales992.8 1,201.2 999.5 — (418.7)2,774.8 
Financial services revenue— — — 253.8 — 253.8 
Total revenue$992.8 $1,201.2 $999.5 $253.8 $(418.7)$3,028.6