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Segments (Tables)

12 Months Ended

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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