XML 43 R32.htm IDEA: XBRL DOCUMENT v3.25.1
Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 29, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill by Segment
The changes in the carrying amount of goodwill by segment for the three months ended March 29, 2025, are as follows:
(Amounts in millions)Commercial
& Industrial
Group
Snap-on
Tools Group
Repair Systems
& Information
Group
Total
Balance as of December 28, 2024$315.6 $12.4 $728.8 $1,056.8 
Currency translation12.5 — 8.4 20.9 
Balance as of March 29, 2025$328.1 $12.4 $737.2 $1,077.7 
Schedule of Other Intangible Assets by Major Class
Additional disclosures related to other intangible assets are as follows:
March 29, 2025December 28, 2024
(Amounts in millions)Gross  Carrying ValueAccumulated
Amortization
Net Carrying ValueGross  Carrying ValueAccumulated
Amortization
Net Carrying Value
Amortized other intangible assets:
Customer relationships$86.2 $(37.7)$48.5 $84.2 $(35.1)$49.1 
Developed technology26.8 (24.1)2.7 26.6 (23.1)3.5 
Internally developed software182.6 (138.6)44.0 179.6 (135.6)44.0 
Patents51.0 (22.0)29.0 49.8 (21.4)28.4 
Trademarks4.0 (2.7)1.3 3.8 (2.5)1.3 
Other6.1 (2.9)3.2 6.1 (2.9)3.2 
Total356.7 (228.0)128.7 350.1 (220.6)129.5 
Non-amortized trademarks142.7 — 142.7 138.1 — 138.1 
Total other intangible assets$499.4 $(228.0)$271.4 $488.2 $(220.6)$267.6 
Schedule of 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
Patents15
Trademarks9
Other39