Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jul. 01, 2017

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 July 1, 2017, are as follows:

(Amounts in millions)	Commercial &  Industrial Group		Snap-on Tools Group		Repair Systems & Information Group		Total
Balance as of December 31, 2016	$	242.4	$	12.5	$	640.6	$	895.5
Currency translation		19.2		–		14.3		33.5
Acquisitions and related adjustments		24.7		–		(54.5)		(29.8)
Balance as of July 1, 2017	$	286.3	$	12.5	$	600.4	$	899.2

Other Intangible Assets by Major Class

Additional disclosures related to other intangible assets are as follows:

	July 1, 2017				December 31, 2016
(Amounts in millions)	Gross Carrying Value		Accumulated Amortization		Gross Carrying Value		Accumulated Amortization
Amortized other intangible assets:
Customer relationships	$	173.0	$	(92.3)	$	142.6	$	(86.0)
Developed technology		18.7		(18.1)		17.7		(17.7)
Internally developed software		171.7		(125.8)		165.7		(118.3)
Patents		32.4		(22.1)		31.9		(21.5)
Trademarks		2.8		(1.9)		2.8		(1.8)
Other		7.5		(2.5)		7.2		(2.2)
Total		406.1		(262.7)		367.9		(247.5)
Non-amortized trademarks		112.9		–		64.2		–
Total other intangible assets	$	519.0	$	(262.7)	$	432.1	$	(247.5)

Weighted-Average Amortization Period by Major Class

The weighted-average amortization periods related to other intangible assets are as follows:

	In Years
Customer relationships	15
Internally developed software	3
Patents	8
Trademarks	6
Other	39