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v3.22.4

Revenue Recognition (Tables) | 12 Months Ended
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Dec. 31, 2022
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following table shows the consolidated revenues by revenue source:
(Amounts in millions) |  | 2022 |  | 2021
Revenue from contracts with customers |  | $ | 4,468.6 |  |  | $ | 4,228.3 |
Other revenues |  | 24.2 |  |  | 23.7 |
Total net sales |  | 4,492.8 |  |  | 4,252.0 |
Financial services revenue |  | 349.7 |  |  | 349.7 |
Total revenues |  | $ | 4,842.5 |  |  | $ | 4,601.7 |
The following table represents external net sales disaggregated by geography, based on the customers’ billing addresses:
|  | 2022
|  | Commercial & |  | Snap-on |  | Repair Systems |  |  |  |  |  |
|  | Industrial |  | Tools |  | & Information |  | Financial |  |  |  | Snap-on
(Amounts in millions) |  | Group |  | Group |  | Group |  | Services |  | Eliminations |  | Incorporated
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
North America* |  | $ | 498.3 |  |  | $ | 1,840.3 |  |  | $ | 1,046.1 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,384.7 |
Europe |  | 284.9 |  |  | 137.9 |  |  | 227.5 |  |  | — |  |  | — |  |  | 650.3 |
All other |  | 275.1 |  |  | 93.8 |  |  | 88.9 |  |  | — |  |  | — |  |  | 457.8 |
External net sales |  | 1,058.3 |  |  | 2,072.0 |  |  | 1,362.5 |  |  | — |  |  | — |  |  | 4,492.8 |
Intersegment net sales |  | 340.9 |  |  | — |  |  | 304.4 |  |  | — |  |  | (645.3) |  |  | — |
Total net sales |  | 1,399.2 |  |  | 2,072.0 |  |  | 1,666.9 |  |  | — |  |  | (645.3) |  |  | 4,492.8 |
Financial services revenue |  | — |  |  | — |  |  | — |  |  | 349.7 |  |  | — |  |  | 349.7 |
Total revenue |  | $ | 1,399.2 |  |  | $ | 2,072.0 |  |  | $ | 1,666.9 |  |  | $ | 349.7 |  |  | $ | (645.3) |  |  | $ | 4,842.5 |
|  | 2021
|  | Commercial & |  | Snap-on |  | Repair Systems |  |  |  |  |  |
|  | Industrial |  | Tools |  | & Information |  | Financial |  |  |  | Snap-on
(Amounts in millions) |  | Group |  | Group |  | Group |  | Services |  | Eliminations |  | Incorporated
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
North America* |  | $ | 494.9 |  |  | $ | 1,680.0 |  |  | $ | 896.1 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,071.0 |
Europe |  | 325.5 |  |  | 164.7 |  |  | 249.7 |  |  | — |  |  | — |  |  | 739.9 |
All other |  | 275.2 |  |  | 93.9 |  |  | 72.0 |  |  | — |  |  | — |  |  | 441.1 |
External net sales |  | 1,095.6 |  |  | 1,938.6 |  |  | 1,217.8 |  |  | — |  |  | — |  |  | 4,252.0 |
Intersegment net sales |  | 310.7 |  |  | — |  |  | 285.3 |  |  | — |  |  | (596.0) |  |  | — |
Total net sales |  | 1,406.3 |  |  | 1,938.6 |  |  | 1,503.1 |  |  | — |  |  | (596.0) |  |  | 4,252.0 |
Financial services revenue |  | — |  |  | — |  |  | — |  |  | 349.7 |  |  | — |  |  | 349.7 |
Total revenue |  | $ | 1,406.3 |  |  | $ | 1,938.6 |  |  | $ | 1,503.1 |  |  | $ | 349.7 |  |  | $ | (596.0) |  |  | $ | 4,601.7 |
* North America is comprised of the United States, Canada and Mexico. The following table represents external net sales disaggregated by customer type:
|  | 2022
|  | 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 |  | $ | 90.8 |  |  | $ | 2,072.0 |  |  | $ | 1,362.5 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,525.3 |
All other professionals |  | 967.5 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 967.5 |
External net sales |  | 1,058.3 |  |  | 2,072.0 |  |  | 1,362.5 |  |  | — |  |  | — |  |  | 4,492.8 |
Intersegment net sales |  | 340.9 |  |  | — |  |  | 304.4 |  |  | — |  |  | (645.3) |  |  | — |
Total net sales |  | 1,399.2 |  |  | 2,072.0 |  |  | 1,666.9 |  |  | — |  |  | (645.3) |  |  | 4,492.8 |
Financial services revenue |  | — |  |  | — |  |  | — |  |  | 349.7 |  |  | — |  |  | 349.7 |
Total revenue |  | $ | 1,399.2 |  |  | $ | 2,072.0 |  |  | $ | 1,666.9 |  |  | $ | 349.7 |  |  | $ | (645.3) |  |  | $ | 4,842.5 |
|  | 2021
|  | 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 |  | $ | 99.9 |  |  | $ | 1,938.6 |  |  | $ | 1,217.8 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,256.3 |
All other professionals |  | 995.7 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 995.7 |
External net sales |  | 1,095.6 |  |  | 1,938.6 |  |  | 1,217.8 |  |  | — |  |  | — |  |  | 4,252.0 |
Intersegment net sales |  | 310.7 |  |  | — |  |  | 285.3 |  |  | — |  |  | (596.0) |  |  | — |
Total net sales |  | 1,406.3 |  |  | 1,938.6 |  |  | 1,503.1 |  |  | — |  |  | (596.0) |  |  | 4,252.0 |
Financial services revenue |  | — |  |  | — |  |  | — |  |  | 349.7 |  |  | — |  |  | 349.7 |
Total revenue |  | $ | 1,406.3 |  |  | $ | 1,938.6 |  |  | $ | 1,503.1 |  |  | $ | 349.7 |  |  | $ | (596.0) |  |  | $ | 4,601.7 |

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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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
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