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v3.20.4

Revenue Recognition (Tables) | 12 Months Ended
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Jan. 02, 2021
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following table shows the consolidated revenues by revenue source:
(Amounts in millions) |  | 2020 |  | 2019
Revenue from contracts with customers |  | $ | 3,569.3 |  |  | $ | 3,708.3 |
Other revenues |  | 23.2 |  |  | 21.7 |
Total net sales |  | 3,592.5 |  |  | 3,730.0 |
Financial services revenue |  | 349.7 |  |  | 337.7 |
Total revenues |  | $ | 3,942.2 |  |  | $ | 4,067.7 |
The following table represents external net sales disaggregated by geography, based on the customers’ billing addresses:
|  | 2020
|  | Commercial & |  | Snap-on |  | Repair Systems |  |  |  |  |  |
|  | Industrial |  | Tools |  | & Information |  | Financial |  |  |  | Snap-on
(Amounts in millions) |  | Group |  | Group |  | Group |  | Services |  | Eliminations |  | Incorporated
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
North America* |  | $ | 432.3 |  |  | $ | 1,442.8 |  |  | $ | 720.7 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,595.8 |
Europe |  | 276.2 |  |  | 125.7 |  |  | 214.9 |  |  | — |  |  | — |  |  | 616.8 |
All other |  | 242.9 |  |  | 75.4 |  |  | 61.6 |  |  | — |  |  | — |  |  | 379.9 |
External net sales |  | 951.4 |  |  | 1,643.9 |  |  | 997.2 |  |  | — |  |  | — |  |  | 3,592.5 |
Intersegment net sales |  | 283.2 |  |  | — |  |  | 241.0 |  |  | — |  |  | (524.2) |  |  | — |
Total net sales |  | 1,234.6 |  |  | 1,643.9 |  |  | 1,238.2 |  |  | — |  |  | (524.2) |  |  | 3,592.5 |
Financial services revenue |  | — |  |  | — |  |  | — |  |  | 349.7 |  |  | — |  |  | 349.7 |
Total revenue |  | $ | 1,234.6 |  |  | $ | 1,643.9 |  |  | $ | 1,238.2 |  |  | $ | 349.7 |  |  | $ | (524.2) |  |  | $ | 3,942.2 |
|  | 2019
|  | Commercial & |  | Snap-on |  | Repair Systems |  |  |  |  |  |
|  | Industrial |  | Tools |  | & Information |  | Financial |  |  |  | Snap-on
(Amounts in millions) |  | Group |  | Group |  | Group |  | Services |  | Eliminations |  | Incorporated
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
North America* |  | $ | 482.1 |  |  | $ | 1,406.1 |  |  | $ | 766.4 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,654.6 |
Europe |  | 291.7 |  |  | 131.9 |  |  | 241.3 |  |  | — |  |  | — |  |  | 664.9 |
All other |  | 264.4 |  |  | 74.9 |  |  | 71.2 |  |  | — |  |  | — |  |  | 410.5 |
External net sales |  | 1,038.2 |  |  | 1,612.9 |  |  | 1,078.9 |  |  | — |  |  | — |  |  | 3,730.0 |
Intersegment net sales |  | 307.5 |  |  | — |  |  | 255.6 |  |  | — |  |  | (563.1) |  |  | — |
Total net sales |  | 1,345.7 |  |  | 1,612.9 |  |  | 1,334.5 |  |  | — |  |  | (563.1) |  |  | 3,730.0 |
Financial services revenue |  | — |  |  | — |  |  | — |  |  | 337.7 |  |  | — |  |  | 337.7 |
Total revenue |  | $ | 1,345.7 |  |  | $ | 1,612.9 |  |  | $ | 1,334.5 |  |  | $ | 337.7 |  |  | $ | (563.1) |  |  | $ | 4,067.7 |
* North America is comprised of the United States, Canada and Mexico. The following table represents external net sales disaggregated by customer type:
|  | 2020
|  | 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 |  | $ | 87.2 |  |  | $ | 1,643.9 |  |  | $ | 997.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,728.3 |
All other professionals |  | 864.2 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 864.2 |
External net sales |  | 951.4 |  |  | 1,643.9 |  |  | 997.2 |  |  | — |  |  | — |  |  | 3,592.5 |
Intersegment net sales |  | 283.2 |  |  | — |  |  | 241.0 |  |  | — |  |  | (524.2) |  |  | — |
Total net sales |  | 1,234.6 |  |  | 1,643.9 |  |  | 1,238.2 |  |  | — |  |  | (524.2) |  |  | 3,592.5 |
Financial services revenue |  | — |  |  | — |  |  | — |  |  | 349.7 |  |  | — |  |  | 349.7 |
Total revenue |  | $ | 1,234.6 |  |  | $ | 1,643.9 |  |  | $ | 1,238.2 |  |  | $ | 349.7 |  |  | $ | (524.2) |  |  | $ | 3,942.2 |
|  | 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 |  | $ | 85.5 |  |  | $ | 1,612.9 |  |  | $ | 1,078.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,777.3 |
All other professionals |  | 952.7 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 952.7 |
External net sales |  | 1,038.2 |  |  | 1,612.9 |  |  | 1,078.9 |  |  | — |  |  | — |  |  | 3,730.0 |
Intersegment net sales |  | 307.5 |  |  | — |  |  | 255.6 |  |  | — |  |  | (563.1) |  |  | — |
Total net sales |  | 1,345.7 |  |  | 1,612.9 |  |  | 1,334.5 |  |  | — |  |  | (563.1) |  |  | 3,730.0 |
Financial services revenue |  | — |  |  | — |  |  | — |  |  | 337.7 |  |  | — |  |  | 337.7 |
Total revenue |  | $ | 1,345.7 |  |  | $ | 1,612.9 |  |  | $ | 1,334.5 |  |  | $ | 337.7 |  |  | $ | (563.1) |  |  | $ | 4,067.7 |

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- 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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045 + Details
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- References No definition available. + Details
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