XML 59 R45.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Segments (Tables) | 12 Months Ended
--- | ---
Dec. 29, 2018
Segment Reporting [Abstract] |
Net Sales by Segment |
(Amounts in millions) |  | 2018 |  | 2017 |  | 2016
Net sales: |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 1,343.3 |  |  | $ | 1,265.0 |  |  | $ | 1,148.3 |
Snap-on Tools Group |  | 1,613.8 |  |  | 1,625.1 |  |  | 1,633.9 |
Repair Systems & Information Group |  | 1,334.4 |  |  | 1,347.2 |  |  | 1,179.9 |
Segment net sales |  | 4,291.5 |  |  | 4,237.3 |  |  | 3,962.1 |
Intersegment eliminations |  | (550.8 | ) |  | (550.4 | ) |  | (531.7 | )
Total net sales |  | $ | 3,740.7 |  |  | $ | 3,686.9 |  |  | $ | 3,430.4 |
Financial Services revenue |  | 329.7 |  |  | 313.4 |  |  | 281.4 |
Total revenues |  | $ | 4,070.4 |  |  | $ | 4,000.3 |  |  | $ | 3,711.8 |
Operating earnings: |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 199.3 |  |  | $ | 186.5 |  |  | $ | 168.8 |
Snap-on Tools Group |  | 264.2 |  |  | 274.7 |  |  | 280.4 |
Repair Systems & Information Group |  | 342.6 |  |  | 335.3 |  |  | 298.6 |
Financial Services |  | 230.1 |  |  | 217.5 |  |  | 198.7 |
Segment operating earnings |  | 1,036.2 |  |  | 1,014.0 |  |  | 946.5 |
Corporate |  | (80.1 | ) |  | (131.9 | ) |  | (85.4 | )
Operating earnings |  | 956.1 |  |  | 882.1 |  |  | 861.1 |
Interest expense |  | (50.4 | ) |  | (52.4 | ) |  | (52.2 | )
Other income (expense) – net |  | 4.2 |  |  | (7.8 | ) |  | (7.5 | )
Earnings before income taxes and equity earnings |  | $ | 909.9 |  |  | $ | 821.9 |  |  | $ | 801.4 |
Assets by Segment |
(Amounts in millions) |  | 2018 |  | 2017
Assets: |  |  |  |
Commercial & Industrial Group |  | $ | 1,087.9 |  |  | $ | 1,113.9 |
Snap-on Tools Group |  | 752.7 |  |  | 714.3 |
Repair Systems & Information Group |  | 1,306.3 |  |  | 1,314.3 |
Financial Services |  | 2,039.6 |  |  | 1,971.8 |
Total assets from reportable segments |  | 5,186.5 |  |  | 5,114.3 |
Corporate |  | 249.2 |  |  | 200.6 |
Elimination of intersegment receivables |  | (62.6 | ) |  | (65.8 | )
Total assets |  | $ | 5,373.1 |  |  | $ | 5,249.1 |
Capital Expenditures, Depreciation and Amortization |
(Amounts in millions) |  | 2018 |  | 2017 |  | 2016
Capital expenditures: |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 21.5 |  |  | $ | 22.6 |  |  | $ | 19.3 |
Snap-on Tools Group |  | 46.0 |  |  | 40.1 |  |  | 38.3 |
Repair Systems & Information Group |  | 19.7 |  |  | 13.4 |  |  | 13.1 |
Financial Services |  | 0.5 |  |  | 1.2 |  |  | 0.6 |
Total from reportable segments |  | 87.7 |  |  | 77.3 |  |  | 71.3 |
Corporate |  | 3.2 |  |  | 4.7 |  |  | 3.0 |
Total capital expenditures |  | $ | 90.9 |  |  | $ | 82.0 |  |  | $ | 74.3 |
Depreciation and amortization: |  |  |  |  |  |
Commercial & Industrial Group |  | $ | 23.6 |  |  | $ | 22.8 |  |  | $ | 20.7 |
Snap-on Tools Group |  | 29.9 |  |  | 29.1 |  |  | 27.6 |
Repair Systems & Information Group |  | 36.7 |  |  | 37.8 |  |  | 33.9 |
Financial Services |  | 0.8 |  |  | 0.6 |  |  | 0.6 |
Total from reportable segments |  | 91.0 |  |  | 90.3 |  |  | 82.8 |
Corporate |  | 3.1 |  |  | 2.9 |  |  | 2.8 |
Total depreciation and amortization |  | $ | 94.1 |  |  | $ | 93.2 |  |  | $ | 85.6 |
Revenue and Long-Lived Assets, Geographic Regions |
Revenues by geographic region:* |  |  |  |  |  |
United States |  | $ | 2,727.9 |  |  | $ | 2,703.3 |  |  | $ | 2,588.8 |
Europe |  | 784.7 |  |  | 748.8 |  |  | 654.4 |
All other |  | 557.8 |  |  | 548.2 |  |  | 468.6 |
Total revenues |  | $ | 4,070.4 |  |  | $ | 4,000.3 |  |  | $ | 3,711.8 |
(Amounts in millions) |  | 2018 |  | 2017 |  |
Long-lived assets:** |  |  |  |  |
United States |  | $ | 1,091.2 |  |  | $ | 1,081.2 |  |
Sweden |  | 227.4 |  |  | 252.6 |  |
All other |  | 311.6 |  |  | 328.4 |  |
Total long-lived assets |  | $ | 1,630.2 |  |  | $ | 1,662.2 |  |
* Revenues are attributed to countries based on 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) |  | 2018 |  | 2017 |  | 2016
Net sales: |  |  |  |  |  |
Tools |  | $ | 2,021.2 |  |  | $ | 1,946.7 |  |  | $ | 1,899.2 |
Diagnostics, information and management systems |  | 797.9 |  |  | 800.4 |  |  | 748.2 |
Equipment |  | 921.6 |  |  | 939.8 |  |  | 783.0 |
Total net sales |  | 3,740.7 |  |  | 3,686.9 |  |  | 3,430.4 |
Financial services revenue |  | 329.7 |  |  | 313.4 |  |  | 281.4 |
Total revenues |  | $ | 4,070.4 |  |  | $ | 4,000.3 |  |  | $ | 3,711.8 |

X
- Definition Schedule Of Capital Expenditures, Depreciation And Amortization [Table Text Block] + References No definition available. + Details
Name: | sna_ScheduleOfCapitalExpendituresDepreciationAndAmortizationTableTextBlock
Namespace Prefix: | sna_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=115929826&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 entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9031-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + 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