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Segments (Tables)

12 Months Ended

Jan. 02, 2016

Segment Reporting [Abstract]

Net Sales by Segment

Financial Data by Segment:

(Amounts in millions)		2015				2014				2013
Net sales:
Commercial & Industrial Group		$	1,163.6			$	1,174.8			$	1,091.0
Snap-on Tools Group			1,568.7				1,455.2				1,358.4
Repair Systems & Information Group			1,113.2				1,095.2				1,009.6
Segment net sales			3,845.5				3,725.2				3,459.0
Intersegment eliminations			(492.7)				(447.5)				(402.5)
Total net sales		$	3,352.8			$	3,277.7			$	3,056.5
Financial Services revenue			240.3				214.9				181.0
Total revenues		$	3,593.1			$	3,492.6			$	3,237.5

Financial Data by Segment (continued):

(Amounts in millions)		2015				2014				2013
Operating earnings:
Commercial & Industrial Group		$	169.4			$	158.6			$	137.3
Snap-on Tools Group			256.0				223.1				194.6
Repair Systems & Information Group			273.4				251.2				231.9
Financial Services			170.2				149.1				125.7
Segment operating earnings			869.0				782.0				689.5
Corporate			(104.2)				(97.3)				(103.3)
Operating earnings			764.8				684.7				586.2
Interest expense			(51.9)				(52.9)				(56.1)
Other income (expense) – net			(2.4)				(0.9)				(3.9)
Earnings before income taxes and equity earnings		$	710.5			$	630.9			$	526.2

Assets by Segment

(Amounts in millions)		2015				2014
Assets:
Commercial & Industrial Group		$	901.6			$	939.7
Snap-on Tools Group			646.7				600.1
Repair Systems & Information Group			1,041.6				1,036.8
Financial Services			1,572.4				1,368.3
Total assets from reportable segments			4,162.3				3,944.9
Corporate			359.4				401.7
Elimination of intersegment receivables			(34.8)				(36.5)
Total assets		$	4,486.9			$	4,310.1

Capital Expenditures, Depreciation and Amortization

(Amounts in millions)		2015				2014				2013
Capital expenditures:
Commercial & Industrial Group		$	31.0			$	28.5			$	25.3
Snap-on Tools Group			38.1				36.9				26.6
Repair Systems & Information Group			9.0				10.6				13.0
Financial Services			1.0				0.4				0.5
Total from reportable segments			79.1				76.4				65.4
Corporate			1.3				4.2				5.2
Total capital expenditures		$	80.4			$	80.6			$	70.6
Depreciation and amortization:
Commercial & Industrial Group		$	20.1			$	20.8			$	20.3
Snap-on Tools Group			24.9				21.4				19.5
Repair Systems & Information Group			34.0				33.7				33.8
Financial Services			0.7				0.9				0.8
Total from reportable segments			79.7				76.8				74.4
Corporate			2.8				2.7				2.3
Total depreciation and amortization		$	82.5			$	79.5			$	76.7

Revenue and Long-Lived Assets, Geographic Regions

(Amounts in millions)		2015				2014				2013
Revenues by geographic region:*
United States		$	2,483.9			$	2,288.9			$	2,060.2
Europe			635.0				701.9				658.3
All other			474.2				501.8				519.0
Total revenues		$	3,593.1			$	3,492.6			$	3,237.5
(Amounts in millions)		2015				2014
Long-lived assets:**
United States		$	1,033.3			$	1,042.3
Sweden			114.5				121.4
All other			250.8				254.8
Total long-lived assets		$	1,398.6			$	1,418.5

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)		2015				2014				2013
Net sales:
Tools		$	1,910.1			$	1,868.5			$	1,743.3
Diagnostics and repair information			689.6				689.5				652.0
Equipment			753.1				719.7				661.2
Total net sales		$	3,352.8			$	3,277.7			$	3,056.5
Financial services revenue			240.3				214.9				181.0
Total revenues		$	3,593.1			$	3,492.6			$	3,237.5

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