Segments - (Tables)

6 Months Ended

Jun. 27, 2020

Segment Reporting [Abstract]

Net Sales by Segment

Financial Data by Segment:

	Three Months Ended				Six Months Ended
(Amounts in millions)	June 27, 2020		June 29, 2019		June 27, 2020		June 29, 2019
Net sales:
Commercial & Industrial Group	$	261.9	$	335.0	$	561.8	$	657.5
Snap-on Tools Group	323.3		405.8		699.2		816.0
Repair Systems & Information Group	245.0		348.9		559.6		676.8
Segment net sales	830.2		1,089.7		1,820.6		2,150.3
Intersegment eliminations	(105.9)		(138.4)		(244.1)		(277.3)
Total net sales	724.3		951.3		1,576.5		1,873.0
Financial Services revenue	84.6		84.1		170.5		169.7
Total revenues	$	808.9	$	1,035.4	$	1,747.0	$	2,042.7
Operating earnings:
Commercial & Industrial Group	$	22.9	$	48.9	$	54.4	$	95.4
Snap-on Tools Group	38.4		71.3		87.0		138.5
Repair Systems & Information Group	50.6		88.6		127.9		172.2
Financial Services	57.6		60.6		114.5		122.7
Segment operating earnings	169.5		269.4		383.8		528.8
Corporate	(20.8)		(18.9)		(39.3)		(28.8)
Operating earnings	148.7		250.5		344.5		500.0
Interest expense	(13.4)		(12.4)		(24.8)		(24.9)
Other income (expense) – net	2.0		2.1		3.5		3.6
Earnings before income taxes and equity earnings	$	137.3	$	240.2	$	323.2	$	478.7

Assets by Segment

(Amounts in millions)	June 27, 2020		December 28, 2019
Assets:
Commercial & Industrial Group	$	1,112.8	$	1,138.8
Snap-on Tools Group	783.5		827.4
Repair Systems & Information Group	1,345.5		1,381.9
Financial Services	2,129.2		2,104.0
Total assets from reportable segments	5,371.0		5,452.1
Corporate	796.1		303.1
Elimination of intersegment receivables	(53.6)		(61.7)
Total assets	$	6,113.5	$	5,693.5