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v2.4.1.9

Segments (Tables) | 12 Months Ended
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Jan. 03, 2015
Segment Reporting [Abstract] |
Net Sales by Segment | Financial Data by Segment:
(Amounts in millions) |  | 2014 |  |  | 2013 |  |  | 2012 |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 1,174.8 |  |  | $ | 1,091.0 |  |  | $ | 1,125.9 |
Snap-on Tools Group |  |  | 1,455.2 |  |  |  | 1,358.4 |  |  |  | 1,272.0 |
Repair Systems & Information Group |  |  | 1,095.2 |  |  |  | 1,009.6 |  |  |  | 917.1 |
Segment net sales |  |  | 3,725.2 |  |  |  | 3,459.0 |  |  |  | 3,315.0 |
Intersegment eliminations |  |  | (447.5) |  |  |  | (402.5) |  |  |  | (377.1) |
Total net sales |  | $ | 3,277.7 |  |  | $ | 3,056.5 |  |  | $ | 2,937.9 |
Financial Services revenue |  |  | 214.9 |  |  |  | 181.0 |  |  |  | 161.3 |
Total revenues |  | $ | 3,492.6 |  |  | $ | 3,237.5 |  |  | $ | 3,099.2 |
Operating earnings: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 158.6 |  |  | $ | 137.3 |  |  | $ | 127.3 |
Snap-on Tools Group |  |  | 223.1 |  |  |  | 194.6 |  |  |  | 176.4 |
Repair Systems & Information Group |  |  | 251.2 |  |  |  | 231.9 |  |  |  | 205.7 |
Financial Services |  |  | 149.1 |  |  |  | 125.7 |  |  |  | 106.7 |
Segment operating earnings |  |  | 782.0 |  |  |  | 689.5 |  |  |  | 616.1 |
Corporate |  |  | (97.3) |  |  |  | (103.3) |  |  |  | (99.7) |
Operating earnings |  |  | 684.7 |  |  |  | 586.2 |  |  |  | 516.4 |
Interest expense |  |  | (52.9) |  |  |  | (56.1) |  |  |  | (55.8) |
Other income (expense) – net |  |  | (0.9) |  |  |  | (3.9) |  |  |  | (0.4) |
Earnings before income taxes and equity earnings |  | $ | 630.9 |  |  | $ | 526.2 |  |  | $ | 460.2 |
Assets by Segment |
(Amounts in millions) |  | 2014 |  |  | 2013 |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 939.7 |  |  | $ | 971.0 |  |  |  |  |
Snap-on Tools Group |  |  | 600.1 |  |  |  | 557.3 |  |  |  |  |
Repair Systems & Information Group |  |  | 1,036.8 |  |  |  | 979.6 |  |  |  |  |
Financial Services |  |  | 1,368.3 |  |  |  | 1,224.0 |  |  |  |  |
Total assets from reportable segments |  |  | 3,944.9 |  |  |  | 3,731.9 |  |  |  |  |
Corporate |  |  | 401.7 |  |  |  | 431.8 |  |  |  |  |
Elimination of intersegment receivables |  |  | (36.5) |  |  |  | (53.7) |  |  |  |  |
Total assets |  | $ | 4,310.1 |  |  | $ | 4,110.0 |  |  |  |  |
Capital Expenditures, Depreciation and Amortization |
(Amounts in millions) |  | 2014 |  |  | 2013 |  |  | 2012 |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 28.5 |  |  | $ | 25.3 |  |  | $ | 31.0 |
Snap-on Tools Group |  |  | 36.9 |  |  |  | 26.6 |  |  |  | 29.9 |
Repair Systems & Information Group |  |  | 10.6 |  |  |  | 13.0 |  |  |  | 9.8 |
Financial Services |  |  | 0.4 |  |  |  | 0.5 |  |  |  | 1.6 |
Total from reportable segments |  |  | 76.4 |  |  |  | 65.4 |  |  |  | 72.3 |
Corporate |  |  | 4.2 |  |  |  | 5.2 |  |  |  | 7.1 |
Total capital expenditures |  | $ | 80.6 |  |  | $ | 70.6 |  |  | $ | 79.4 |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 20.8 |  |  | $ | 20.3 |  |  | $ | 21.2 |
Snap-on Tools Group |  |  | 21.4 |  |  |  | 19.5 |  |  |  | 17.9 |
Repair Systems & Information Group |  |  | 33.7 |  |  |  | 33.8 |  |  |  | 35.1 |
Financial Services |  |  | 0.9 |  |  |  | 0.8 |  |  |  | 0.6 |
Total from reportable segments |  |  | 76.8 |  |  |  | 74.4 |  |  |  | 74.8 |
Corporate |  |  | 2.7 |  |  |  | 2.3 |  |  |  | 1.9 |
Total depreciation and amortization |  | $ | 79.5 |  |  | $ | 76.7 |  |  | $ | 76.7 |
Revenue and Long-Lived Assets, Geographic Regions |
Revenues by geographic region:* |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 2,288.9 |  |  | $ | 2,060.2 |  |  | $ | 1,930.4 |
Europe |  |  | 701.9 |  |  |  | 658.3 |  |  |  | 649.0 |
All other |  |  | 501.8 |  |  |  | 519.0 |  |  |  | 519.8 |
Total revenues |  | $ | 3,492.6 |  |  | $ | 3,237.5 |  |  | $ | 3,099.2 |
(Amounts in millions) |  | 2014 |  |  | 2013 |  |  |  |
Long-lived assets:** |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 1,042.3 |  |  | $ | 1,004.6 |  |  |  |  |
Sweden |  |  | 121.4 |  |  |  | 144.3 |  |  |  |  |
All other |  |  | 254.8 |  |  |  | 272.9 |  |  |  |  |
Total long-lived assets |  | $ | 1,418.5 |  |  | $ | 1,421.8 |  |  |  |  |
Products and Services | The following table shows the consolidated net sales and revenues of these product groups in the last three years:
(Amounts in millions) |  | 2014 |  |  | 2013 |  |  | 2012 |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Tools |  | $ | 1,868.5 |  |  | $ | 1,743.3 |  |  | $ | 1,729.4 |
Diagnostics and repair information |  |  | 689.5 |  |  |  | 652.0 |  |  |  | 619.8 |
Equipment |  |  | 719.7 |  |  |  | 661.2 |  |  |  | 588.7 |
Total net sales |  | $ | 3,277.7 |  |  | $ | 3,056.5 |  |  | $ | 2,937.9 |
Financial services revenue |  |  | 214.9 |  |  |  | 181.0 |  |  |  | 161.3 |
Total revenues |  | $ | 3,492.6 |  |  | $ | 3,237.5 |  |  | $ | 3,099.2 |

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