XML 101 R91.htm IDEA: XBRL DOCUMENT v3.23.3
Segments - Schedule of Net Sales by Segment (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Segment Reporting Information [Line Items]        
Total revenues $ 1,254.2 $ 1,189.8 $ 3,814.5 $ 3,598.3
Operating earnings 314.6 289.9 984.6 895.3
Interest expense (12.4) (11.8) (37.4) (35.1)
Other income (expense) – net 18.0 13.1 50.0 30.7
Earnings before income taxes 320.2 291.2 997.2 890.9
Total assets from reportable segments        
Segment Reporting Information [Line Items]        
Operating earnings 345.8 316.3 1,077.3 977.1
Total assets from reportable segments | Commercial & Industrial Group        
Segment Reporting Information [Line Items]        
Total revenues 366.4 356.8 1,094.4 1,056.0
Total assets from reportable segments | Snap-on Tools Group        
Segment Reporting Information [Line Items]        
Total revenues 515.4 496.6 1,575.5 1,529.3
Total assets from reportable segments | Repair Systems & Information Group        
Segment Reporting Information [Line Items]        
Total revenues 431.8 414.0 1,330.4 1,229.0
Total assets from reportable segments | Financial Services        
Segment Reporting Information [Line Items]        
Total revenues 94.9 87.3 280.9 261.4
Intersegment eliminations        
Segment Reporting Information [Line Items]        
Total revenues (154.3) (164.9) (466.7) (477.4)
Corporate        
Segment Reporting Information [Line Items]        
Operating earnings 31.2 26.4 92.7 81.8
Total net sales        
Segment Reporting Information [Line Items]        
Total revenues 1,159.3 1,102.5 3,533.6 3,336.9
Operating earnings 245.2 223.5 782.0 693.2
Total net sales | Total assets from reportable segments        
Segment Reporting Information [Line Items]        
Total revenues 1,313.6 1,267.4 4,000.3 3,814.3
Total net sales | Total assets from reportable segments | Commercial & Industrial Group        
Segment Reporting Information [Line Items]        
Total revenues 366.4 356.8 1,094.4 1,056.0
Operating earnings 58.1 52.3 172.0 149.7
Total net sales | Total assets from reportable segments | Snap-on Tools Group        
Segment Reporting Information [Line Items]        
Total revenues 515.4 496.6 1,575.5 1,529.3
Operating earnings 113.4 102.2 382.8 342.6
Total net sales | Total assets from reportable segments | Repair Systems & Information Group        
Segment Reporting Information [Line Items]        
Total revenues 431.8 414.0 1,330.4 1,229.0
Operating earnings 104.9 95.4 319.9 282.7
Total net sales | Total assets from reportable segments | Financial Services        
Segment Reporting Information [Line Items]        
Total revenues 0.0 0.0 0.0 0.0
Total net sales | Intersegment eliminations        
Segment Reporting Information [Line Items]        
Total revenues (154.3) (164.9) (466.7) (477.4)
Total net sales | Intersegment eliminations | Commercial & Industrial Group        
Segment Reporting Information [Line Items]        
Total revenues 85.9 94.0 245.5 255.9
Total net sales | Intersegment eliminations | Snap-on Tools Group        
Segment Reporting Information [Line Items]        
Total revenues 0.0 0.0 0.0 0.0
Total net sales | Intersegment eliminations | Repair Systems & Information Group        
Segment Reporting Information [Line Items]        
Total revenues 68.4 70.9 221.2 221.5
Total net sales | Intersegment eliminations | Financial Services        
Segment Reporting Information [Line Items]        
Total revenues 0.0 0.0 0.0 0.0
Financial services revenue        
Segment Reporting Information [Line Items]        
Total revenues 94.9 87.3 280.9 261.4
Operating earnings 69.4 66.4 202.6 202.1
Financial services revenue | Financial Services        
Segment Reporting Information [Line Items]        
Total revenues 94.9 87.3 280.9 261.4
Financial services revenue | Total assets from reportable segments | Commercial & Industrial Group        
Segment Reporting Information [Line Items]        
Total revenues 0.0 0.0 0.0 0.0
Financial services revenue | Total assets from reportable segments | Snap-on Tools Group        
Segment Reporting Information [Line Items]        
Total revenues 0.0 0.0 0.0 0.0
Financial services revenue | Total assets from reportable segments | Repair Systems & Information Group        
Segment Reporting Information [Line Items]        
Total revenues 0.0 0.0 0.0 0.0
Financial services revenue | Total assets from reportable segments | Financial Services        
Segment Reporting Information [Line Items]        
Total revenues 94.9 87.3 280.9 261.4
Operating earnings 69.4 66.4 202.6 202.1
Financial services revenue | Intersegment eliminations        
Segment Reporting Information [Line Items]        
Total revenues $ 0.0 $ 0.0 $ 0.0 $ 0.0