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Segments (Tables)

12 Months Ended

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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