Segments - (Tables)

9 Months Ended

Sep. 26, 2020

Segment Reporting [Abstract]

Net Sales by Segment

Financial Data by Segment:

	Three Months Ended				Nine Months Ended
(Amounts in millions)	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Net sales:
Commercial & Industrial Group	$	308.4	$	335.3	$	870.2	$	992.8
Snap-on Tools Group	449.8		385.2		1,149.0		1,201.2
Repair Systems & Information Group	317.5		322.7		877.1		999.5
Segment net sales	1,075.7		1,043.2		2,896.3		3,193.5
Intersegment eliminations	(134.1)		(141.4)		(378.2)		(418.7)
Total net sales	941.6		901.8		2,518.1		2,774.8
Financial Services revenue	85.8		84.1		256.3		253.8
Total revenues	$	1,027.4	$	985.9	$	2,774.4	$	3,028.6
Operating earnings:
Commercial & Industrial Group	$	43.1	$	48.3	$	97.5	$	143.7
Snap-on Tools Group	87.1		53.0		174.1		191.5
Repair Systems & Information Group	80.1		83.3		208.0		255.5
Financial Services	65.6		61.0		180.1		183.7
Segment operating earnings	275.9		245.6		659.7		774.4
Corporate	(24.6)		(16.9)		(63.9)		(45.7)
Operating earnings	251.3		228.7		595.8		728.7
Interest expense	(13.8)		(12.0)		(38.6)		(36.9)
Other income (expense) – net	2.8		2.8		6.3		6.4
Earnings before income taxes and equity earnings	$	240.3	$	219.5	$	563.5	$	698.2

Assets by Segment

(Amounts in millions)	September 26, 2020		December 28, 2019
Assets:
Commercial & Industrial Group	$	1,124.2	$	1,138.8
Snap-on Tools Group	796.7		827.4
Repair Systems & Information Group	1,366.8		1,381.9
Financial Services	2,151.2		2,104.0
Total assets from reportable segments	5,438.9		5,452.1
Corporate	884.8		303.1
Elimination of intersegment receivables	(56.1)		(61.7)
Total assets	$	6,267.6	$	5,693.5