XML 41 R29.htm IDEA: XBRL DOCUMENT
v3.19.1

Revenue Recognition (Tables) | 3 Months Ended
--- | ---
Mar. 30, 2019
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following table shows the consolidated revenues by revenue source:
|  | Three Months Ended |  | Three Months Ended
(Amounts in millions) |  | March 30, 2019 |  | March 31, 2018
Revenue from contracts with customers |  | $ | 916.4 |  |  | $ | 930.4 |
Other revenues |  | 5.3 |  |  | 5.1 |
Total net sales |  | 921.7 |  |  | 935.5 |
Financial services revenue |  | 85.6 |  |  | 83.0 |
Total revenues |  | $ | 1,007.3 |  |  | $ | 1,018.5 |
The following table represents external net sales disaggregated by geography, based on the customers’ billing addresses:
|  | For the Three Months Ended March 30, 2019
|  | Commercial |  | Snap-on |  | Repair Systems |  |  |  |  |  |
|  | & Industrial |  | Tools |  | & Information |  | Financial |  |  |  | Snap-on
(Amounts in millions) |  | Group |  | Group |  | Group |  | Services |  | Eliminations |  | Incorporated
Net sales by geographic region: |  |  |  |  |  |  |  |  |  |  |  |
North America* |  | $ | 108.9 |  |  | $ | 351.6 |  |  | $ | 185.1 |  |  | $ | — |  |  | $ | — |  |  | $ | 645.6 |
Europe |  | 77.4 |  |  | 36.9 |  |  | 59.5 |  |  | — |  |  | — |  |  | 173.8 |
All other |  | 63.2 |  |  | 21.7 |  |  | 17.4 |  |  | — |  |  | — |  |  | 102.3 |
External net sales |  | 249.5 |  |  | 410.2 |  |  | 262.0 |  |  | — |  |  | — |  |  | 921.7 |
Intersegment net sales |  | 73.0 |  |  | — |  |  | 65.9 |  |  | — |  |  | (138.9 | ) |  | — |
Total net sales |  | 322.5 |  |  | 410.2 |  |  | 327.9 |  |  | — |  |  | (138.9 | ) |  | 921.7 |
Financial services revenue |  | — |  |  | — |  |  | — |  |  | 85.6 |  |  | — |  |  | 85.6 |
Total revenue |  | $ | 322.5 |  |  | $ | 410.2 |  |  | $ | 327.9 |  |  | $ | 85.6 |  |  | $ | (138.9 | ) |  | $ | 1,007.3 |
|  | For the Three Months Ended March 31, 2018
|  | Commercial |  | Snap-on |  | Repair Systems |  |  |  |  |  |
|  | & Industrial |  | Tools |  | & Information |  | Financial |  |  |  | Snap-on
(Amounts in millions) |  | Group |  | Group |  | Group |  | Services |  | Eliminations |  | Incorporated
Net sales by geographic region: |  |  |  |  |  |  |  |  |  |  |  |
North America* |  | $ | 107.5 |  |  | $ | 338.9 |  |  | $ | 185.3 |  |  | $ | — |  |  | $ | — |  |  | $ | 631.7 |
Europe |  | 82.9 |  |  | 41.5 |  |  | 67.0 |  |  | — |  |  | — |  |  | 191.4 |
All other |  | 68.4 |  |  | 24.3 |  |  | 19.7 |  |  | — |  |  | — |  |  | 112.4 |
External net sales |  | 258.8 |  |  | 404.7 |  |  | 272.0 |  |  | — |  |  | — |  |  | 935.5 |
Intersegment net sales |  | 72.8 |  |  | — |  |  | 65.0 |  |  | — |  |  | (137.8 | ) |  | — |
Total net sales |  | 331.6 |  |  | 404.7 |  |  | 337.0 |  |  | — |  |  | (137.8 | ) |  | 935.5 |
Financial services revenue |  | — |  |  | — |  |  | — |  |  | 83.0 |  |  | — |  |  | 83.0 |
Total revenue |  | $ | 331.6 |  |  | $ | 404.7 |  |  | $ | 337.0 |  |  | $ | 83.0 |  |  | $ | (137.8 | ) |  | $ | 1,018.5 |
* North America is comprised of the United States, Canada and Mexico.
The following table represents external net sales disaggregated by customer type:
|  | For the Three Months Ended March 30, 2019
|  | Commercial |  | Snap-on |  | Repair Systems |  |  |  |  |  |
|  | & Industrial |  | Tools |  | & Information |  | Financial |  |  |  | Snap-on
(Amounts in millions) |  | Group |  | Group |  | Group |  | Services |  | Eliminations |  | Incorporated
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Vehicle service professionals |  | $ | 20.0 |  |  | $ | 410.2 |  |  | $ | 262.0 |  |  | $ | — |  |  | $ | — |  |  | $ | 692.2 |
All other professionals |  | 229.5 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 229.5 |
External net sales |  | 249.5 |  |  | 410.2 |  |  | 262.0 |  |  | — |  |  | — |  |  | 921.7 |
Intersegment net sales |  | 73.0 |  |  | — |  |  | 65.9 |  |  | — |  |  | (138.9 | ) |  | — |
Total net sales |  | 322.5 |  |  | 410.2 |  |  | 327.9 |  |  | — |  |  | (138.9 | ) |  | 921.7 |
Financial services revenue |  | — |  |  | — |  |  | — |  |  | 85.6 |  |  | — |  |  | 85.6 |
Total revenue |  | $ | 322.5 |  |  | $ | 410.2 |  |  | $ | 327.9 |  |  | $ | 85.6 |  |  | $ | (138.9 | ) |  | $ | 1,007.3 |
|  | For the Three Months Ended March 31, 2018
|  | Commercial |  | Snap-on |  | Repair Systems |  |  |  |  |  |
|  | & Industrial |  | Tools |  | & Information |  | Financial |  |  |  | Snap-on
(Amounts in millions) |  | Group |  | Group |  | Group |  | Services |  | Eliminations |  | Incorporated
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Vehicle service professionals |  | $ | 22.5 |  |  | $ | 404.7 |  |  | $ | 272.0 |  |  | $ | — |  |  | $ | — |  |  | $ | 699.2 |
All other professionals |  | 236.3 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 236.3 |
External net sales |  | 258.8 |  |  | 404.7 |  |  | 272.0 |  |  | — |  |  | — |  |  | 935.5 |
Intersegment net sales |  | 72.8 |  |  | — |  |  | 65.0 |  |  | — |  |  | (137.8 | ) |  | — |
Total net sales |  | 331.6 |  |  | 404.7 |  |  | 337.0 |  |  | — |  |  | (137.8 | ) |  | 935.5 |
Financial services revenue |  | — |  |  | — |  |  | — |  |  | 83.0 |  |  | — |  |  | 83.0 |
Total revenue |  | $ | 331.6 |  |  | $ | 404.7 |  |  | $ | 337.0 |  |  | $ | 83.0 |  |  | $ | (137.8 | ) |  | $ | 1,018.5 |

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration