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Segments (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Net Sales by Segment
Financial Data by Segment:
 
Three Months Ended
 
Six Months Ended
(Amounts in millions)
June 30,
2018
 
July 1,
2017
 
June 30,
2018
 
July 1,
2017
Net sales:
 
 
 
 
 
 
 
Commercial & Industrial Group
$
337.8

 
$
310.0

 
$
669.4

 
$
608.7

Snap-on Tools Group
411.9

 
413.8

 
816.6

 
823.2

Repair Systems & Information Group
343.1

 
338.1

 
680.1

 
656.9

Segment net sales
1,092.8

 
1,061.9

 
2,166.1

 
2,088.8

Intersegment eliminations
(138.2
)
 
(140.5
)
 
(276.0
)
 
(280.3
)
Total net sales
$
954.6

 
$
921.4

 
$
1,890.1

 
$
1,808.5

Financial Services revenue
82.0

 
77.7

 
165.0

 
154.5

Total revenues
$
1,036.6

 
$
999.1

 
$
2,055.1

 
$
1,963.0

Operating earnings:
 
 
 
 
 
 
 
Commercial & Industrial Group
$
49.0

 
$
43.0

 
$
95.5

 
$
84.9

Snap-on Tools Group
79.0

 
80.7

 
147.9

 
151.0

Repair Systems & Information Group
88.7

 
82.2

 
174.5

 
161.3

Financial Services
57.8

 
54.6

 
114.7

 
107.1

Segment operating earnings
274.5

 
260.5

 
532.6

 
504.3

Corporate
(23.6
)
 
(22.2
)
 
(47.1
)
 
(43.3
)
Operating earnings
$
250.9

 
$
238.3

 
$
485.5

 
$
461.0

Interest expense
(12.0
)
 
(13.0
)
 
(25.6
)
 
(25.7
)
Other income (expense) – net
(0.6
)
 
(1.9
)
 
2.2

 
(4.3
)
Earnings before income taxes and equity earnings
$
238.3

 
$
223.4

 
$
462.1

 
$
431.0

Assets by Segment
(Amounts in millions)
June 30,
2018
 
December 30,
2017
Assets:
 
 
 
Commercial & Industrial Group
$
1,087.4

 
$
1,113.9

Snap-on Tools Group
746.7

 
714.3

Repair Systems & Information Group
1,289.0

 
1,314.3

Financial Services
1,988.4

 
1,971.8

Total assets from reportable segments
$
5,111.5

 
$
5,114.3

Corporate
225.1

 
200.6

Elimination of intersegment receivables
(64.6
)
 
(65.8
)
Total assets
$
5,272.0

 
$
5,249.1