XML 44 R32.htm IDEA: XBRL DOCUMENT v3.22.2.2
Goodwill and Other Intangible Assets - (Tables)
9 Months Ended
Oct. 01, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill by Segment
The changes in the carrying amount of goodwill by segment for the nine months ended October 1, 2022, are as follows:
(Amounts in millions)Commercial
& Industrial
Group
Snap-on
Tools Group
Repair Systems
& Information
Group
Total
Balance as of January 1, 2022$325.8 $12.4 $778.3 $1,116.5 
Currency translation(44.6)— (28.2)(72.8)
Acquisition-related adjustments(0.5)— (32.6)(33.1)
Balance as of October 1, 2022$280.7 $12.4 $717.5 $1,010.6 
Other Intangible Assets by Major Class
Additional disclosures related to other intangible assets are as follows:
October 1, 2022January 1, 2022
(Amounts in millions)Gross Carrying
Value
Accumulated
Amortization
Gross Carrying
Value
Accumulated
Amortization
Amortized other intangible assets:
Customer relationships$207.6 $(145.0)$217.8 $(142.1)
Developed technology35.1 (24.3)36.6 (23.2)
Internally developed software178.5 (136.7)182.7 (139.1)
Patents47.4 (24.7)45.7 (25.1)
Trademarks3.8 (2.3)3.9 (2.3)
Other7.4 (3.8)8.3 (4.1)
Total479.8 (336.8)495.0 (335.9)
Non-amortized trademarks128.3 — 142.6 — 
Total other intangible assets$608.1 $(336.8)$637.6 $(335.9)
Weighted-Average Amortization Period by Major Class
The weighted-average amortization periods related to other intangible assets are as follows:
 In Years
Customer relationships14
Developed technology5
Internally developed software6
Patents14
Trademarks9
Other39