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Segments (Tables)
3 Months Ended
Apr. 02, 2016
Segment Reporting [Abstract]  
Net Sales by Segment
Financial Data by Segment    Three Months Ended  
     April 2,     April 4,  
(Amounts in millions)    2016     2015  

Net sales:

    

Commercial & Industrial Group

   $ 287.0      $ 297.5   

Snap-on Tools Group

     402.5        378.2   

Repair Systems & Information Group

     278.8        272.3   
  

 

 

   

 

 

 

Segment net sales

     968.3        948.0   

Intersegment eliminations

     (134.1     (120.2
  

 

 

   

 

 

 

Total net sales

   $ 834.2      $ 827.8   

Financial Services revenue

     66.3        57.4   
  

 

 

   

 

 

 

Total revenues

   $ 900.5      $ 885.2   
  

 

 

   

 

 

 

Operating earnings:

    

Commercial & Industrial Group

   $ 41.1      $ 44.0   

Snap-on Tools Group

     66.7        59.8   

Repair Systems & Information Group

     69.0        63.9   

Financial Services

     47.0        40.3   
  

 

 

   

 

 

 

Segment operating earnings

     223.8        208.0   

Corporate

     (21.4     (29.8
  

 

 

   

 

 

 

Operating earnings

   $ 202.4      $ 178.2   

Interest expense

     (13.1     (13.0

Other income (expense) – net

     (0.7     (0.7
  

 

 

   

 

 

 

Earnings before income taxes and equity earnings

   $ 188.6      $ 164.5   
  

 

 

   

 

 

 
Assets by Segment
     April 2,     January 2,  
(Amounts in millions)    2016     2016  

Assets:

    

Commercial & Industrial Group

   $ 926.0      $ 901.6   

Snap-on Tools Group

     664.8        646.7   

Repair Systems & Information Group

     1,046.3        1,041.6   

Financial Services

     1,623.0        1,572.4   
  

 

 

   

 

 

 

Total assets from reportable segments

   $ 4,260.1      $ 4,162.3   

Corporate

     223.4        203.6   

Elimination of intersegment receivables

     (47.1     (34.8
  

 

 

   

 

 

 

Total assets

   $ 4,436.4      $ 4,331.1