XML 53 R40.htm IDEA: XBRL DOCUMENT v3.8.0.1

Segments (Tables)

9 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Net Sales by Segment

Financial Data by Segment:

		Three Months Ended								Nine Months Ended
(Amounts in millions)		September 30, 2017				October 1, 2016				September 30, 2017				October 1, 2016
Net sales:
Commercial & Industrial Group		$	314.6			$	289.3			$	923.3			$	862.0
Snap-on Tools Group			392.7				397.2				1,215.9				1,216.4
Repair Systems & Information Group			333.5				286.1				990.4				860.1
Segment net sales			1,040.8				972.6				3,129.6				2,938.5
Intersegment eliminations			(137.0)				(138.5)				(417.3)				(397.9)
Total net sales		$	903.8			$	834.1			$	2,712.3			$	2,540.6
Financial Services revenue			79.0				71.6				233.5				207.2
Total revenues		$	982.8			$	905.7			$	2,945.8			$	2,747.8
Operating earnings:
Commercial & Industrial Group		$	50.1			$	43.7			$	134.4			$	124.1
Snap-on Tools Group			56.3				64.6				207.2				207.6
Repair Systems & Information Group			83.4				71.8				244.0				215.3
Financial Services			56.0				50.6				163.1				147.1
Segment operating earnings			245.8				230.7				748.7				694.1
Corporate			(36.7)				(22.5)				(79.3)				(67.6)
Operating earnings		$	209.1			$	208.2			$	669.4			$	626.5
Interest expense			(13.1)				(13.1)				(38.8)				(39.1)
Other income (expense) – net			(2.1)				(0.8)				(5.7)				(0.3)
Earnings before income taxes and equity earnings		$	193.9			$	194.3			$	624.9			$	587.1

Assets by Segment

(Amounts in millions)		September 30, 2017				December 31, 2016
Assets:
Commercial & Industrial Group		$	1,104.0			$	907.1
Snap-on Tools Group			734.9				668.1
Repair Systems & Information Group			1,313.5				1,211.0
Financial Services			1,944.3				1,789.7
Total assets from reportable segments		$	5,096.7			$	4,575.9
Corporate			224.2				212.3
Elimination of intersegment receivables			(64.7)				(65.0)
Total assets		$	5,256.2			$	4,723.2

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

+ Details

Name:	us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration