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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