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Revenue Recognition
 9 Months Ended
Sep. 28, 2019
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue RecognitionSnap-on recognizes revenue from the sale of tools, diagnostic and equipment products and related services based on when control of the product passes to the customer or the service is provided and is recognized at an amount that reflects the consideration expected to be received in exchange for such goods or services.
Revenue Disaggregation

The following table shows the consolidated revenues by revenue source:
Three Months EndedNine Months Ended
(Amounts in millions)September 28, 2019September 29, 2018September 28, 2019September 29, 2018
Revenue from contracts with customers$896.2  $892.7  $2,758.4  $2,772.3  
Other revenues5.6  5.4  16.4  15.9  
Total net sales901.8  898.1  2,774.8  2,788.2  
Financial services revenue84.1  82.0  253.8  247.0  
Total revenues$985.9  $980.1  $3,028.6  $3,035.2  

Snap-on evaluates the performance of its operating segments based on segment revenues, including both external and intersegment net sales, and segment operating earnings. Snap-on accounts for both intersegment sales and transfers based primarily on standard costs with reasonable mark-ups established between the segments. Intersegment amounts are eliminated to arrive at Snap-on’s consolidated financial results.

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

For the Three Months Ended September 28, 2019
Commercial Snap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales by geographic region:
North America*$125.3  $337.6  $188.3  $—  $—  $651.2  
Europe65.1  28.3  54.6  —  —  148.0  
All other66.6  19.3  16.7  —  —  102.6  
External net sales257.0  385.2  259.6  —  —  901.8  
Intersegment net sales78.3  —  63.1  —  (141.4) —  
Total net sales335.3  385.2  322.7  —  (141.4) 901.8  
Financial services revenue—  —  —  84.1  —  84.1  
Total revenue$335.3  $385.2  $322.7  $84.1  $(141.4) $985.9  
* North America is comprised of the United States, Canada and Mexico.
For the Nine Months Ended September 28, 2019
Commercial Snap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales by geographic region:
North America*$355.8  $1,039.3  $575.7  $—  $—  $1,970.8  
Europe214.8  101.7  176.4  —  —  492.9  
All other198.9  60.2  52.0  —  —  311.1  
External net sales769.5  1,201.2  804.1  —  —  2,774.8  
Intersegment net sales223.3  —  195.4  —  (418.7) —  
Total net sales992.8  1,201.2  999.5  —  (418.7) 2,774.8  
Financial services revenue—  —  —  253.8  —  253.8  
Total revenue$992.8  $1,201.2  $999.5  $253.8  $(418.7) $3,028.6  

For the Three Months Ended September 29, 2018
Commercial Snap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales by geographic region:
North America*$119.9  $335.4  $177.6  $—  $—  $632.9  
Europe70.4  32.0  57.6  —  —  160.0  
All other65.4  22.4  17.4  —  —  105.2  
External net sales255.7  389.8  252.6  —  —  898.1  
Intersegment net sales74.5  —  61.8  —  (136.3) —  
Total net sales330.2  389.8  314.4  —  (136.3) 898.1  
Financial services revenue—  —  —  82.0  —  82.0  
Total revenue$330.2  $389.8  $314.4  $82.0  $(136.3) $980.1  
For the Nine Months Ended September 29, 2018
Commercial Snap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales by geographic region:
North America*$345.7  $1,020.5  $552.3  $—  $—  $1,918.5  
Europe229.9  117.2  192.8  —  —  539.9  
All other206.0  68.7  55.1  —  —  329.8  
External net sales781.6  1,206.4  800.2  —  —  2,788.2  
Intersegment net sales218.0  —  194.3  —  (412.3) —  
Total net sales999.6  1,206.4  994.5  —  (412.3) 2,788.2  
Financial services revenue—  —  —  247.0  —  247.0  
Total revenue$999.6  $1,206.4  $994.5  $247.0  $(412.3) $3,035.2  
* North America is comprised of the United States, Canada and Mexico.
The following table represents external net sales disaggregated by customer type:
For the Three Months Ended September 28, 2019
Commercial Snap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales:
Vehicle service professionals$20.8  $385.2  $259.6  $—  $—  $665.6  
All other professionals236.2  —  —  —  —  236.2  
External net sales257.0  385.2  259.6  —  —  901.8  
Intersegment net sales78.3  —  63.1  —  (141.4) —  
Total net sales335.3  385.2  322.7  —  (141.4) 901.8  
Financial services revenue—  —  —  84.1  —  84.1  
Total revenue$335.3  $385.2  $322.7  $84.1  $(141.4) $985.9  

For the Nine Months Ended September 28, 2019
Commercial Snap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales:
Vehicle service professionals$64.8  $1,201.2  $804.1  $—  $—  $2,070.1  
All other professionals704.7  —  —  —  —  704.7  
External net sales769.5  1,201.2  804.1  —  —  2,774.8  
Intersegment net sales223.3  —  195.4  —  (418.7) —  
Total net sales992.8  1,201.2  999.5  —  (418.7) 2,774.8  
Financial services revenue—  —  —  253.8  —  253.8  
Total revenue$992.8  $1,201.2  $999.5  $253.8  $(418.7) $3,028.6  

For the Three Months Ended September 29, 2018
Commercial Snap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales:
Vehicle service professionals$21.4  $389.8  $252.6  $—  $—  $663.8  
All other professionals234.3  —  —  —  —  234.3  
External net sales255.7  389.8  252.6  —  —  898.1  
Intersegment net sales74.5  —  61.8  —  (136.3) —  
Total net sales330.2  389.8  314.4  —  (136.3) 898.1  
Financial services revenue—  —  —  82.0  —  82.0  
Total revenue$330.2  $389.8  $314.4  $82.0  $(136.3) $980.1  
For the Nine Months Ended September 29, 2018
Commercial Snap-onRepair Systems
& IndustrialTools& InformationFinancialSnap-on
(Amounts in millions)GroupGroupGroupServicesEliminationsIncorporated
Net sales:
Vehicle service professionals$69.5  $1,206.4  $800.2  $—  $—  $2,076.1  
All other professionals712.1  —  —  —  —  712.1  
External net sales781.6  1,206.4  800.2  —  —  2,788.2  
Intersegment net sales218.0  —  194.3  —  (412.3) —  
Total net sales999.6  1,206.4  994.5  —  (412.3) 2,788.2  
Financial services revenue—  —  —  247.0  —  247.0  
Total revenue$999.6  $1,206.4  $994.5  $247.0  $(412.3) $3,035.2  

Nature of Goods and Services

Snap-on derives net sales from a broad line of products and complementary services that are grouped into three categories: (i) tools; (ii) diagnostics, information and management systems; and (iii) equipment. The tools product category includes Snap-on’s hand tools, power tools, tool storage products and other similar products. The diagnostics, information and management systems product category includes handheld and PC-based diagnostic products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems and services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer (“OEM”) purchasing facilitation services, and warranty management systems and analytics to help OEM dealerships manage and track performance. The equipment product category includes solutions for the service of vehicles and industrial equipment. Snap-on supports the sale of its diagnostics and vehicle service shop equipment by offering training programs as well as after-sales support to its customers. Through its financial services businesses, Snap-on also derives revenue from various financing programs designed to facilitate the sales of its products and support its franchise business.

Approximately 90% of Snap-on’s net sales are products sold at a point in time through ship-and-bill performance obligations that also includes service repair services. The remaining sales revenue is earned over time primarily on a subscription basis including software, extended warranty and other subscription service agreements.

Snap-on enters into contracts related to the selling of tools, diagnostic and repair information and equipment products and related services. At contract inception, an assessment of the goods and services promised in the contracts with customers is performed and a performance obligation is identified for each distinct promise to transfer to the customer a good or service (or bundle of goods or services). To identify the performance obligations, Snap-on considers all of the goods or services promised in the contract regardless of whether they are explicitly stated or are implied by customary business practices. Contracts with customers are comprised of customer purchase orders, invoices and written contracts.

For certain performance obligations related to software subscriptions, extended warranty and other subscription agreements that are settled over time, Snap-on has elected not to disclose the value of unsatisfied performance obligations for: (i) contracts that have an original expected length of one year or less; (ii) contracts where revenue is recognized as invoiced; and (iii) contracts with variable consideration related to unsatisfied performance obligations.  The remaining duration of these unsatisfied performance obligations range from one month up to 60 months.  Snap-on had approximately $230.0 million of long-term contracts that have fixed consideration that extends beyond one year as of September 28, 2019. Snap-on expects to recognize approximately 50% of these contracts as revenue by the end of fiscal 2020, an additional 40% by the end of fiscal 2022 and the balance thereafter. 
Contract Liabilities (Deferred Revenues)Contract liabilities are recorded when cash payments are received in advance of Snap-on’s performance.  The timing of payment is typically on a monthly, quarterly or annual basis. The balance of total contract liabilities at September 28, 2019, and at December 29, 2018, was $67.2 million and $63.8 million, respectively.   The current portion of contract liabilities and the non-current portion are included in “Other accrued liabilities” and “Other long-term liabilities”, respectively, on the accompanying Condensed Consolidated Balance Sheets.  During the three and nine months ended September 28, 2019, Snap-on recognized revenue of $8.0 million and $43.2 million, respectively, that was included in the $63.8 million contract liability balance at December 29, 2018, which was primarily from the amortization of software subscriptions, extended warranties and other subscription agreements.