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Segments - (Tables)

3 Months Ended

Apr. 02, 2022

Segment Reporting [Abstract]

Net Sales by Segment

Financial Data by Segment:

			Three Months Ended
(Amounts in millions)			April 2, 2022						April 3, 2021
Net sales:
Commercial & Industrial Group			$	340.1					$	345.7
Snap-on Tools Group			512.1						478.3
Repair Systems & Information Group			398.2						347.6
Segment net sales			1,250.4						1,171.6
Intersegment eliminations			(152.6)						(147.0)
Total net sales			1,097.8						1,024.6
Financial Services revenue			87.7						88.6
Total revenues			$	1,185.5					$	1,113.2
Operating earnings:
Commercial & Industrial Group			$	45.7					$	50.7
Snap-on Tools Group			116.0						98.9
Repair Systems & Information Group			91.6						81.4
Financial Services			70.4						65.3
Segment operating earnings			323.7						296.3
Corporate			(30.2)						(30.1)
Operating earnings			293.5						266.2
Interest expense			(11.6)						(14.3)
Other income (expense) – net			8.3						4.3
Earnings before income taxes and equity earnings			$	290.2					$	256.2

Assets by Segment

(Amounts in millions)			April 2, 2022						January 1, 2022
Assets:
Commercial & Industrial Group			$	1,225.1					$	1,209.3
Snap-on Tools Group			828.2						791.4
Repair Systems & Information Group			1,637.9						1,624.3
Financial Services			2,139.6						2,163.6
Total assets from reportable segments			5,830.8						5,788.6
Corporate			1,152.4						1,039.7
Elimination of intersegment receivables			(88.0)						(68.6)
Total assets			$	6,895.2					$	6,759.7

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

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- 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.

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