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Segments (Tables)

6 Months Ended

Jun. 28, 2014

Segment Reporting [Abstract]

Net Sales by Segment

Financial data by segment was as follows:

		Three Months Ended								Six Months Ended
(Amounts in millions)		June 28, 2014				June 29, 2013				June 28, 2014				June 29, 2013
Net sales:
Commercial & Industrial Group		$	287.2			$	266.2			$	577.8			$	532.6
Snap-on Tools Group			369.1				346.2				712.7				673.5
Repair Systems & Information Group			278.5				246.2				541.2				492.3
Segment net sales			934.8				858.6				1,831.7				1,698.4
Intersegment eliminations			(108.3	)			(94.5	)			(217.7	)			(192.6	)
Total net sales		$	826.5			$	764.1			$	1,614.0			$	1,505.8
Financial Services revenue			51.7				44.5				101.9				88.5
Total revenues		$	878.2			$	808.6			$	1,715.9			$	1,594.3
Operating earnings:
Commercial & Industrial Group		$	38.2			$	33.6			$	77.3			$	64.2
Snap-on Tools Group			60.5				54.5				109.7				101.7
Repair Systems & Information Group			64.6				56.7				122.7				113.2
Financial Services			34.8				30.6				69.2				61.1
Segment operating earnings			198.1				175.4				378.9				340.2
Corporate			(25.2	)			(27.0	)			(49.9	)			(53.5	)
Operating earnings		$	172.9			$	148.4			$	329.0			$	286.7
Interest expense			(12.7	)			(13.8	)			(26.4	)			(27.4	)
Other income (expense) – net			0.3				(1.7	)			0.2				(2.3	)
Earnings before income taxes and equity earnings and equity earnings (loss)		$	160.5			$	132.9			$	302.8			$	257.0

Assets by Segment

(Amounts in millions)		June 28, 2014				December 28, 2013
Assets:
Commercial & Industrial Group		$	1,004.5			$	971.0
Snap-on Tools Group			584.7				557.3
Repair Systems & Information Group			1,047.4				979.6
Financial Services			1,312.9				1,224.0
Total assets from reportable segments		$	3,949.5			$	3,731.9
Corporate			333.2				431.8
Elimination of intersegment receivables			(54.4	)			(53.7	)
Total assets		$	4,228.3			$	4,110.0

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

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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- Definition

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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