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v3.6.0.2

Segments (Tables) | 12 Months Ended
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Dec. 31, 2016
Segment Reporting [Abstract] |
Net Sales by Segment | Financial Data by Segment:
(Amounts in millions) |  | 2016 |  |  | 2015 |  |  | 2014 |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 1,148.3 |  |  | $ | 1,163.6 |  |  | $ | 1,174.8 |
Snap-on Tools Group |  |  | 1,633.9 |  |  |  | 1,568.7 |  |  |  | 1,455.2 |
Repair Systems & Information Group |  |  | 1,179.9 |  |  |  | 1,113.2 |  |  |  | 1,095.2 |
Segment net sales |  |  | 3,962.1 |  |  |  | 3,845.5 |  |  |  | 3,725.2 |
Intersegment eliminations |  |  | (531.7) |  |  |  | (492.7) |  |  |  | (447.5) |
Total net sales |  | $ | 3,430.4 |  |  | $ | 3,352.8 |  |  | $ | 3,277.7 |
Financial Services revenue |  |  | 281.4 |  |  |  | 240.3 |  |  |  | 214.9 |
Total revenues |  | $ | 3,711.8 |  |  | $ | 3,593.1 |  |  | $ | 3,492.6 |
Operating earnings: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 168.0 |  |  | $ | 169.4 |  |  | $ | 158.6 |
Snap-on Tools Group |  |  | 281.1 |  |  |  | 256.0 |  |  |  | 223.1 |
Repair Systems & Information Group |  |  | 297.8 |  |  |  | 273.4 |  |  |  | 251.2 |
Financial Services |  |  | 198.7 |  |  |  | 170.2 |  |  |  | 149.1 |
Segment operating earnings |  |  | 945.6 |  |  |  | 869.0 |  |  |  | 782.0 |
Corporate |  |  | (91.4) |  |  |  | (104.2) |  |  |  | (97.3) |
Operating earnings |  |  | 854.2 |  |  |  | 764.8 |  |  |  | 684.7 |
Interest expense |  |  | (52.2) |  |  |  | (51.9) |  |  |  | (52.9) |
Other income (expense) – net |  |  | (0.6) |  |  |  | (2.4) |  |  |  | (0.9) |
Earnings before income taxes and equity earnings |  | $ | 801.4 |  |  | $ | 710.5 |  |  | $ | 630.9 |
Assets by Segment |
(Amounts in millions) |  | 2016 |  |  | 2015 |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 907.1 |  |  | $ | 901.6 |  |  |  |  |
Snap-on Tools Group |  |  | 668.1 |  |  |  | 646.7 |  |  |  |  |
Repair Systems & Information Group |  |  | 1,211.0 |  |  |  | 1,041.6 |  |  |  |  |
Financial Services |  |  | 1,789.7 |  |  |  | 1,572.4 |  |  |  |  |
Total assets from reportable segments |  |  | 4,575.9 |  |  |  | 4,162.3 |  |  |  |  |
Corporate |  |  | 212.3 |  |  |  | 203.6 |  |  |  |  |
Elimination of intersegment receivables |  |  | (65.0) |  |  |  | (34.8) |  |  |  |  |
Total assets |  | $ | 4,723.2 |  |  | $ | 4,331.1 |  |  |  |  |
Capital Expenditures, Depreciation and Amortization |
(Amounts in millions) |  | 2016 |  |  | 2015 |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 907.1 |  |  | $ | 901.6 |  |  |  |  |
Snap-on Tools Group |  |  | 668.1 |  |  |  | 646.7 |  |  |  |  |
Repair Systems & Information Group |  |  | 1,211.0 |  |  |  | 1,041.6 |  |  |  |  |
Financial Services |  |  | 1,789.7 |  |  |  | 1,572.4 |  |  |  |  |
Total assets from reportable segments |  |  | 4,575.9 |  |  |  | 4,162.3 |  |  |  |  |
Corporate |  |  | 212.3 |  |  |  | 203.6 |  |  |  |  |
Elimination of intersegment receivables |  |  | (65.0) |  |  |  | (34.8) |  |  |  |  |
Total assets |  | $ | 4,723.2 |  |  | $ | 4,331.1 |  |  |  |  |
(Amounts in millions) |  | 2016 |  |  | 2015 |  |  | 2014 |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 19.3 |  |  | $ | 31.0 |  |  | $ | 28.5 |
Snap-on Tools Group |  |  | 38.3 |  |  |  | 38.1 |  |  |  | 36.9 |
Repair Systems & Information Group |  |  | 13.1 |  |  |  | 9.0 |  |  |  | 10.6 |
Financial Services |  |  | 0.6 |  |  |  | 1.0 |  |  |  | 0.4 |
Total from reportable segments |  |  | 71.3 |  |  |  | 79.1 |  |  |  | 76.4 |
Corporate |  |  | 3.0 |  |  |  | 1.3 |  |  |  | 4.2 |
Total capital expenditures |  | $ | 74.3 |  |  | $ | 80.4 |  |  | $ | 80.6 |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 20.7 |  |  | $ | 20.1 |  |  | $ | 20.8 |
Snap-on Tools Group |  |  | 27.6 |  |  |  | 24.9 |  |  |  | 21.4 |
Repair Systems & Information Group |  |  | 33.9 |  |  |  | 34.0 |  |  |  | 33.7 |
Financial Services |  |  | 0.6 |  |  |  | 0.7 |  |  |  | 0.9 |
Total from reportable segments |  |  | 82.8 |  |  |  | 79.7 |  |  |  | 76.8 |
Corporate |  |  | 2.8 |  |  |  | 2.8 |  |  |  | 2.7 |
Total depreciation and amortization |  | $ | 85.6 |  |  | $ | 82.5 |  |  | $ | 79.5 |
Revenue and Long-Lived Assets, Geographic Regions | Financial Data by Segment (continued):
(Amounts in millions) |  | 2016 |  |  | 2015 |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 907.1 |  |  | $ | 901.6 |  |  |  |  |
Snap-on Tools Group |  |  | 668.1 |  |  |  | 646.7 |  |  |  |  |
Repair Systems & Information Group |  |  | 1,211.0 |  |  |  | 1,041.6 |  |  |  |  |
Financial Services |  |  | 1,789.7 |  |  |  | 1,572.4 |  |  |  |  |
Total assets from reportable segments |  |  | 4,575.9 |  |  |  | 4,162.3 |  |  |  |  |
Corporate |  |  | 212.3 |  |  |  | 203.6 |  |  |  |  |
Elimination of intersegment receivables |  |  | (65.0) |  |  |  | (34.8) |  |  |  |  |
Total assets |  | $ | 4,723.2 |  |  | $ | 4,331.1 |  |  |  |  |
|  | 2016 |  |  | 2015 |  |  | 2014 |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 19.3 |  |  | $ | 31.0 |  |  | $ | 28.5 |
Snap-on Tools Group |  |  | 38.3 |  |  |  | 38.1 |  |  |  | 36.9 |
Repair Systems & Information Group |  |  | 13.1 |  |  |  | 9.0 |  |  |  | 10.6 |
Financial Services |  |  | 0.6 |  |  |  | 1.0 |  |  |  | 0.4 |
Total from reportable segments |  |  | 71.3 |  |  |  | 79.1 |  |  |  | 76.4 |
Corporate |  |  | 3.0 |  |  |  | 1.3 |  |  |  | 4.2 |
Total capital expenditures |  | $ | 74.3 |  |  | $ | 80.4 |  |  | $ | 80.6 |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 20.7 |  |  | $ | 20.1 |  |  | $ | 20.8 |
Snap-on Tools Group |  |  | 27.6 |  |  |  | 24.9 |  |  |  | 21.4 |
Repair Systems & Information Group |  |  | 33.9 |  |  |  | 34.0 |  |  |  | 33.7 |
Financial Services |  |  | 0.6 |  |  |  | 0.7 |  |  |  | 0.9 |
Total from reportable segments |  |  | 82.8 |  |  |  | 79.7 |  |  |  | 76.8 |
Corporate |  |  | 2.8 |  |  |  | 2.8 |  |  |  | 2.7 |
Total depreciation and amortization |  | $ | 85.6 |  |  | $ | 82.5 |  |  | $ | 79.5 |
Revenues by geographic region:* |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 2,588.8 |  |  | $ | 2,483.9 |  |  | $ | 2,288.9 |
Europe |  |  | 654.4 |  |  |  | 635.0 |  |  |  | 701.9 |
All other |  |  | 468.6 |  |  |  | 474.2 |  |  |  | 501.8 |
Total revenues |  | $ | 3,711.8 |  |  | $ | 3,593.1 |  |  | $ | 3,492.6 |
|  | 2016 |  |  | 2015 |
Long-lived assets:** |  |  |  |  |  |  |  |
United States |  | $ | 1,048.6 |  |  | $ | 1,033.3 |
Sweden |  |  | 218.8 |  |  |  | 114.5 |
All other |  |  | 237.9 |  |  |  | 250.8 |
Total long-lived assets |  | $ | 1,505.3 |  |  | $ | 1,398.6 |
* | Revenues are attributed to countries based on the origin of the sale.
** | Long-lived assets consist of Property and equipment – net, Goodwill, and Other intangibles – net.
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) |  | 2016 |  |  | 2015 |  |  | 2014 |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Tools |  | $ | 1,899.2 |  |  | $ | 1,910.1 |  |  | $ | 1,868.5 |
Diagnostics and repair information |  |  | 748.2 |  |  |  | 689.6 |  |  |  | 689.5 |
Equipment |  |  | 783.0 |  |  |  | 753.1 |  |  |  | 719.7 |
Total net sales |  | $ | 3,430.4 |  |  | $ | 3,352.8 |  |  | $ | 3,277.7 |
Financial services revenue |  |  | 281.4 |  |  |  | 240.3 |  |  |  | 214.9 |
Total revenues |  | $ | 3,711.8 |  |  | $ | 3,593.1 |  |  | $ | 3,492.6 |

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