Segments (Tables)

6 Months Ended

Jul. 01, 2017

Segment Reporting [Abstract]

Net Sales by Segment

Financial Data by Segment:

	Three Months Ended				Six Months Ended
(Amounts in millions)	July 1, 2017		July 2, 2016		July 1, 2017		July 2, 2016
Net sales:
Commercial & Industrial Group	$	310.0	$	285.7	$	608.7	$	572.7
Snap-on Tools Group		413.8		416.7		823.2		819.2
Repair Systems & Information Group		338.1		295.2		656.9		574.0
Segment net sales		1,061.9		997.6		2,088.8		1,965.9
Intersegment eliminations		(140.5)		(125.3)		(280.3)		(259.4)
Total net sales	$	921.4	$	872.3	$	1,808.5	$	1,706.5
Financial Services revenue		77.7		69.3		154.5		135.6
Total revenues	$	999.1	$	941.6	$	1,963.0	$	1,842.1
Operating earnings:
Commercial & Industrial Group	$	42.7	$	39.3	$	84.3	$	80.4
Snap-on Tools Group		80.6		76.3		150.9		143.0
Repair Systems & Information Group		81.9		74.5		160.6		143.5
Financial Services		54.6		49.5		107.1		96.5
Segment operating earnings		259.8		239.6		502.9		463.4
Corporate		(21.5)		(23.7)		(42.6)		(45.1)
Operating earnings	$	238.3	$	215.9	$	460.3	$	418.3
Interest expense		(13.0)		(12.9)		(25.7)		(26.0)
Other income (expense) – net		(1.9)		1.2		(3.6)		0.5
Earnings before income taxes and equity earnings	$	223.4	$	204.2	$	431.0	$	392.8

Assets by Segment

(Amounts in millions)	July 1, 2017		December 31, 2016
Assets:
Commercial & Industrial Group	$	1,052.2	$	907.1
Snap-on Tools Group		700.8		668.1
Repair Systems & Information Group		1,286.4		1,211.0
Financial Services		1,886.6		1,789.7
Total assets from reportable segments	$	4,926.0	$	4,575.9
Corporate		213.6		212.3
Elimination of intersegment receivables		(72.5)		(65.0)
Total assets	$	5,067.1	$	4,723.2