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Revenue Recognition (Tables)

12 Months Ended

Dec. 28, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table shows the consolidated revenues by revenue source:

(Amounts in millions)						2024						2023
Revenue from contracts with customers						$	4,677.6					$	4,703.2
Other revenues						29.8						27.0
Total net sales						4,707.4						4,730.2
Financial services revenue						401.0						378.1
Total revenues						$	5,108.4					$	5,108.3

The following table represents external net sales disaggregated by geography, based on the customers’ billing addresses:

						2024
						Commercial &						Snap-on						Repair Systems
						Industrial						Tools						& Information						Financial												Snap-on
(Amounts in millions)						Group						Group						Group						Services						Eliminations						Incorporated
Net sales:
North America*						$	621.9					$	1,725.6					$	1,171.9					$	—					$	—					$	3,519.4
Europe						310.8						158.3						253.2						—						—						722.3
All other						254.9						105.3						105.5						—						—						465.7
External net sales						1,187.6						1,989.2						1,530.6						—						—						4,707.4
Intersegment net sales						289.2						—						267.3						—						(556.5)						—
Total net sales						1,476.8						1,989.2						1,797.9						—						(556.5)						4,707.4
Financial services revenue						—						—						—						401.0						—						401.0
Total revenue						$	1,476.8					$	1,989.2					$	1,797.9					$	401.0					$	(556.5)					$	5,108.4

						2023
						Commercial &						Snap-on						Repair Systems
						Industrial						Tools						& Information						Financial												Snap-on
(Amounts in millions)						Group						Group						Group						Services						Eliminations						Incorporated
Net sales:
North America*						$	580.5					$	1,839.2					$	1,146.5					$	—					$	—					$	3,566.2
Europe						295.7						149.7						243.5						—						—						688.9
All other						269.4						99.9						105.8						—						—						475.1
External net sales						1,145.6						2,088.8						1,495.8						—						—						4,730.2
Intersegment net sales						312.7						—						285.4						—						(598.1)						—
Total net sales						1,458.3						2,088.8						1,781.2						—						(598.1)						4,730.2
Financial services revenue						—						—						—						378.1						—						378.1
Total revenue						$	1,458.3					$	2,088.8					$	1,781.2					$	378.1					$	(598.1)					$	5,108.3

* North America is comprised of the United States, Canada and Mexico.

The following table represents external net sales disaggregated by customer type:

						2024
						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						$	82.6					$	1,989.2					$	1,530.6					$	—					$	—					$	3,602.4
All other professionals						1,105.0						—						—						—						—						1,105.0
External net sales						1,187.6						1,989.2						1,530.6						—						—						4,707.4
Intersegment net sales						289.2						—						267.3						—						(556.5)						—
Total net sales						1,476.8						1,989.2						1,797.9						—						(556.5)						4,707.4
Financial services revenue						—						—						—						401.0						—						401.0
Total revenue						$	1,476.8					$	1,989.2					$	1,797.9					$	401.0					$	(556.5)					$	5,108.4

						2023
						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						$	82.5					$	2,088.8					$	1,495.8					$	—					$	—					$	3,667.1
All other professionals						1,063.1						—						—						—						—						1,063.1
External net sales						1,145.6						2,088.8						1,495.8						—						—						4,730.2
Intersegment net sales						312.7						—						285.4						—						(598.1)						—
Total net sales						1,458.3						2,088.8						1,781.2						—						(598.1)						4,730.2
Financial services revenue						—						—						—						378.1						—						378.1
Total revenue						$	1,458.3					$	2,088.8					$	1,781.2					$	378.1					$	(598.1)					$	5,108.3

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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
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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- References

No definition available.

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