XML 134 R34.htm IDEA: XBRL DOCUMENT v2.4.1.9

Exit and Disposal Activities (Tables)

12 Months Ended

Jan. 03, 2015

Restructuring and Related Activities [Abstract]

Recorded Costs Associated with Exit and Disposal Activities

 The 2014 and 2013 costs associated with exit and disposal activities by operating segment are as follows:

(Amounts in millions)		2014				2013
Exit and disposal costs:
Cost of goods sold:
Commercial & Industrial Group		$	1.0			$	2.5
Snap-on Tools Group			–				0.2
Repair Systems & Information Group			4.7				1.7
Total cost of goods sold			5.7				4.4
Operating expenses:
Commercial & Industrial Group			0.4				0.4
Snap-on Tools Group			–				0.3
Repair Systems & Information Group			0.4				1.2
Total operating expenses			0.8				1.9
Financial Services			–				0.1
Total exit and disposal costs:
Commercial & Industrial Group			1.4				2.9
Snap-on Tools Group			–				0.5
Repair Systems & Information Group			5.1				2.9
Financial Services			–				0.1
Total exit and disposal costs		$	6.5			$	6.4

Components of Exit and Disposal Accrual Activity

Snap-on’s exit and disposal accrual activity related to 2014 and 2013 actions is as follows:

(Amounts in millions)		Balance at 2012 Year End				Provision in 2013				Usage in 2013				Balance at 2013 Year End				Provision in 2014				Usage in 2014				Balance at 2014 Year End
Severance costs:
Commercial & Industrial Group		$	6.2			$	2.8			$	(7.5)			$	1.5			$	1.4			$	(2.1)			$	0.8
Snap-on Tools Group			0.1				0.2				(0.1)				0.2				–				(0.2)				–
Repair Systems & Information Group			0.7				2.9				(1.3)				2.3				5.1				(1.7)				5.7
Financial Services			–				0.1				(0.1)				–				–				–				–
Facility-related costs:
Commercial & Industrial Group			0.2				–				(0.2)				–				–				–				–
Total		$	7.2			$	6.0			$	(9.2)			$	4.0			$	6.5			$	(4.0)			$	6.5

X

- Details

Name:	us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 420

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 5.P.3)

-URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 420

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 420

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 5.P.4)

-URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747

+ Details

Name:	us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 420

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (b)(2)

-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 420

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB Topic 5.P.4(b)(2))

-URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747

+ Details

Name:	us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration