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Revenue Recognition (Tables)

6 Months Ended

Jun. 28, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table shows the consolidated revenues by revenue source:

			Three Months Ended												Six Months Ended
(Amounts in millions)			June 28, 2025						June 29, 2024						June 28, 2025						June 29, 2024
Revenue from contracts with customers			$	1,170.9					$	1,172.0					$	2,304.2					$	2,347.2
Other revenues			8.5						7.4						16.3						14.5
Total net sales			1,179.4						1,179.4						2,320.5						2,361.7
Financial services revenue			101.7						100.5						203.8						200.1
Total revenues			$	1,281.1					$	1,279.9					$	2,524.3					$	2,561.8

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

						For the Three Months Ended June 28, 2025
						Commercial						Snap-on						Repair Systems
						& Industrial						Tools						& Information						Financial												Snap-on
(Amounts in millions)						Group						Group						Group						Services						Eliminations						Incorporated
Net sales:
North America*						$	150.7					$	425.4					$	302.6					$	—					$	—					$	878.7
Europe						78.0						39.0						68.7						—						—						185.7
All other						60.5						26.6						27.9						—						—						115.0
External net sales						289.2						491.0						399.2						—						—						1,179.4
Intersegment net sales						58.6						—						69.4						—						(128.0)						—
Total net sales						347.8						491.0						468.6						—						(128.0)						1,179.4
Financial services revenue						—						—						—						101.7						—						101.7
Total revenue						$	347.8					$	491.0					$	468.6					$	101.7					$	(128.0)					$	1,281.1

						For the Six Months Ended June 28, 2025
						Commercial						Snap-on						Repair Systems
						& Industrial						Tools						& Information						Financial												Snap-on
(Amounts in millions)						Group						Group						Group						Services						Eliminations						Incorporated
Net sales:
North America*						$	291.3					$	820.5					$	620.3					$	—					$	—					$	1,732.1
Europe						155.1						80.6						127.9						—						—						363.6
All other						119.5						52.8						52.5						—						—						224.8
External net sales						565.9						953.9						800.7						—						—						2,320.5
Intersegment net sales						125.8						—						143.8						—						(269.6)						—
Total net sales						691.7						953.9						944.5						—						(269.6)						2,320.5
Financial services revenue						—						—						—						203.8						—						203.8
Total revenue						$	691.7					$	953.9					$	944.5					$	203.8					$	(269.6)					$	2,524.3
* North America is comprised of the United States, Canada and Mexico.

						For the Three Months Ended June 29, 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*						$	163.5					$	413.4					$	298.2					$	—					$	—					$	875.1
Europe						76.8						41.4						67.2						—						—						185.4
All other						64.7						27.2						27.0						—						—						118.9
External net sales						305.0						482.0						392.4						—						—						1,179.4
Intersegment net sales						67.0						—						62.4						—						(129.4)						—
Total net sales						372.0						482.0						454.8						—						(129.4)						1,179.4
Financial services revenue						—						—						—						100.5						—						100.5
Total revenue						$	372.0					$	482.0					$	454.8					$	100.5					$	(129.4)					$	1,279.9

						For the Six Months Ended June 29, 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*						$	312.1					$	846.7					$	600.3					$	—					$	—					$	1,759.1
Europe						157.8						81.0						129.3						—						—						368.1
All other						126.1						54.4						54.0						—						—						234.5
External net sales						596.0						982.1						783.6						—						—						2,361.7
Intersegment net sales						135.9						—						135.0						—						(270.9)						—
Total net sales						731.9						982.1						918.6						—						(270.9)						2,361.7
Financial services revenue						—						—						—						200.1						—						200.1
Total revenue						$	731.9					$	982.1					$	918.6					$	200.1					$	(270.9)					$	2,561.8
* North America is comprised of the United States, Canada and Mexico.

The following tables represent external net sales disaggregated by customer type:

						For the Three Months Ended June 28, 2025
						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						$	20.5					$	491.0					$	399.2					$	—					$	—					$	910.7
All other professionals						268.7						—						—						—						—						268.7
External net sales						289.2						491.0						399.2						—						—						1,179.4
Intersegment net sales						58.6						—						69.4						—						(128.0)						—
Total net sales						347.8						491.0						468.6						—						(128.0)						1,179.4
Financial services revenue						—						—						—						101.7						—						101.7
Total revenue						$	347.8					$	491.0					$	468.6					$	101.7					$	(128.0)					$	1,281.1

						For the Six Months Ended June 28, 2025
						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						$	39.5					$	953.9					$	800.7					$	—					$	—					$	1,794.1
All other professionals						526.4						—						—						—						—						526.4
External net sales						565.9						953.9						800.7						—						—						2,320.5
Intersegment net sales						125.8						—						143.8						—						(269.6)						—
Total net sales						691.7						953.9						944.5						—						(269.6)						2,320.5
Financial services revenue						—						—						—						203.8						—						203.8
Total revenue						$	691.7					$	953.9					$	944.5					$	203.8					$	(269.6)					$	2,524.3

						For the Three Months Ended June 29, 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						$	21.0					$	482.0					$	392.4					$	—					$	—					$	895.4
All other professionals						284.0						—						—						—						—						284.0
External net sales						305.0						482.0						392.4						—						—						1,179.4
Intersegment net sales						67.0						—						62.4						—						(129.4)						—
Total net sales						372.0						482.0						454.8						—						(129.4)						1,179.4
Financial services revenue						—						—						—						100.5						—						100.5
Total revenue						$	372.0					$	482.0					$	454.8					$	100.5					$	(129.4)					$	1,279.9

						For the Six Months Ended June 29, 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						$	41.3					$	982.1					$	783.6					$	—					$	—					$	1,807.0
All other professionals						554.7						—						—						—						—						554.7
External net sales						596.0						982.1						783.6						—						—						2,361.7
Intersegment net sales						135.9						—						135.0						—						(270.9)						—
Total net sales						731.9						982.1						918.6						—						(270.9)						2,361.7
Financial services revenue						—						—						—						200.1						—						200.1
Total revenue						$	731.9					$	982.1					$	918.6					$	200.1					$	(270.9)					$	2,561.8

X

- 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

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