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Segments (Tables)

9 Months Ended

Sep. 28, 2013

Segment Reporting [Abstract]

Net Sales by Segment

Financial data by segment was as follows:

		Three Months Ended								Nine Months Ended
		September 28,				September 29,				September 28,				September 29,
(Amounts in millions)		2013				2012				2013				2012
Net sales:
Commercial & Industrial Group		$	275.2			$	280.4			$	807.8			$	850.3
Snap-on Tools Group			333.8				308.8				1,007.3				950.4
Repair Systems & Information Group			252.7				222.0				745.0				675.5
Segment net sales			861.7				811.2				2,560.1				2,476.2
Intersegment eliminations			(108.5	)			(99.6	)			(301.1	)			(291.5	)
Total net sales		$	753.2			$	711.6			$	2,259.0			$	2,184.7
Financial Services revenue			45.1				40.5				133.6				118.4
Total revenues		$	798.3			$	752.1			$	2,392.6			$	2,303.1
Operating earnings:
Commercial & Industrial Group		$	36.0			$	33.4			$	100.2			$	95.4
Snap-on Tools Group			41.9				40.2				143.6				130.8
Repair Systems & Information Group			57.9				49.5				171.1				150.3
Financial Services			31.6				27.9				92.7				77.4
Segment operating earnings			167.4				151.0				507.6				453.9
Corporate			(24.5	)			(26.9	)			(78.0	)			(78.2	)
Operating earnings		$	142.9			$	124.1			$	429.6			$	375.7
Interest expense			(14.4	)			(13.6	)			(41.8	)			(41.4	)
Other income (expense) – net			(0.8	)			(0.2	)			(3.1	)			(0.5	)
Earnings before income taxes and equity earnings		$	127.7			$	110.3			$	384.7			$	333.8

Assets by Segment

(Amounts in millions)		September 28, 2013				December 29, 2012
Assets:
Commercial & Industrial Group		$	973.2			$	935.2
Snap-on Tools Group			567.2				537.7
Repair Systems & Information Group			973.1				927.7
Financial Services			1,196.4				1,076.3
Total assets from reportable segments		$	3,709.9			$	3,476.9
Corporate			443.4				477.7
Elimination of intersegment receivables			(52.3	)			(52.3	)
Total assets		$	4,101.0			$	3,902.3

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

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-Publisher FASB

-Name Accounting Standards Codification

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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