Disaggregation of Revenue |
The following table shows the consolidated revenues by revenue source: | | | | | | | | | | | | | | | (Amounts in millions) | | 2021 | | 2020 | Revenue from contracts with customers | | $ | 4,228.3 | | | $ | 3,569.3 | | Other revenues | | 23.7 | | | 23.2 | | Total net sales | | 4,252.0 | | | 3,592.5 | | Financial services revenue | | 349.7 | | | 349.7 | | Total revenues | | $ | 4,601.7 | | | $ | 3,942.2 | |
The following table represents external net sales disaggregated by geography, based on the customers’ billing addresses: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2021 | | | Commercial & | | Snap-on | | Repair Systems | | | | | | | | | Industrial | | Tools | | & Information | | Financial | | | | Snap-on | (Amounts in millions) | | Group | | Group | | Group | | Services | | Eliminations | | Incorporated | Net sales: | | | | | | | | | | | | | North America* | | $ | 494.9 | | | $ | 1,680.0 | | | $ | 896.1 | | | $ | — | | | $ | — | | | $ | 3,071.0 | | Europe | | 325.5 | | | 164.7 | | | 249.7 | | | — | | | — | | | 739.9 | | All other | | 275.2 | | | 93.9 | | | 72.0 | | | — | | | — | | | 441.1 | | External net sales | | 1,095.6 | | | 1,938.6 | | | 1,217.8 | | | — | | | — | | | 4,252.0 | | Intersegment net sales | | 310.7 | | | — | | | 285.3 | | | — | | | (596.0) | | | — | | Total net sales | | 1,406.3 | | | 1,938.6 | | | 1,503.1 | | | — | | | (596.0) | | | 4,252.0 | | Financial services revenue | | — | | | — | | | — | | | 349.7 | | | — | | | 349.7 | | Total revenue | | $ | 1,406.3 | | | $ | 1,938.6 | | | $ | 1,503.1 | | | $ | 349.7 | | | $ | (596.0) | | | $ | 4,601.7 | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2020 | | | Commercial & | | Snap-on | | Repair Systems | | | | | | | | | Industrial | | Tools | | & Information | | Financial | | | | Snap-on | (Amounts in millions) | | Group | | Group | | Group | | Services | | Eliminations | | Incorporated | Net sales: | | | | | | | | | | | | | North America* | | $ | 432.3 | | | $ | 1,442.8 | | | $ | 720.7 | | | $ | — | | | $ | — | | | $ | 2,595.8 | | Europe | | 276.2 | | | 125.7 | | | 214.9 | | | — | | | — | | | 616.8 | | All other | | 242.9 | | | 75.4 | | | 61.6 | | | — | | | — | | | 379.9 | | External net sales | | 951.4 | | | 1,643.9 | | | 997.2 | | | — | | | — | | | 3,592.5 | | Intersegment net sales | | 283.2 | | | — | | | 241.0 | | | — | | | (524.2) | | | — | | Total net sales | | 1,234.6 | | | 1,643.9 | | | 1,238.2 | | | — | | | (524.2) | | | 3,592.5 | | Financial services revenue | | — | | | — | | | — | | | 349.7 | | | — | | | 349.7 | | Total revenue | | $ | 1,234.6 | | | $ | 1,643.9 | | | $ | 1,238.2 | | | $ | 349.7 | | | $ | (524.2) | | | $ | 3,942.2 | | | | | | | | | | | | | | |
* North America is comprised of the United States, Canada and Mexico. The following table represents external net sales disaggregated by customer type: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2021 | | | 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 | | $ | 99.9 | | | $ | 1,938.6 | | | $ | 1,217.8 | | | $ | — | | | $ | — | | | $ | 3,256.3 | | All other professionals | | 995.7 | | | — | | | — | | | — | | | — | | | 995.7 | | External net sales | | 1,095.6 | | | 1,938.6 | | | 1,217.8 | | | — | | | — | | | 4,252.0 | | Intersegment net sales | | 310.7 | | | — | | | 285.3 | | | — | | | (596.0) | | | — | | Total net sales | | 1,406.3 | | | 1,938.6 | | | 1,503.1 | | | — | | | (596.0) | | | 4,252.0 | | Financial services revenue | | — | | | — | | | — | | | 349.7 | | | — | | | 349.7 | | Total revenue | | $ | 1,406.3 | | | $ | 1,938.6 | | | $ | 1,503.1 | | | $ | 349.7 | | | $ | (596.0) | | | $ | 4,601.7 | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2020 | | | 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 | | $ | 87.2 | | | $ | 1,643.9 | | | $ | 997.2 | | | $ | — | | | $ | — | | | $ | 2,728.3 | | All other professionals | | 864.2 | | | — | | | — | | | — | | | — | | | 864.2 | | External net sales | | 951.4 | | | 1,643.9 | | | 997.2 | | | — | | | — | | | 3,592.5 | | Intersegment net sales | | 283.2 | | | — | | | 241.0 | | | — | | | (524.2) | | | — | | Total net sales | | 1,234.6 | | | 1,643.9 | | | 1,238.2 | | | — | | | (524.2) | | | 3,592.5 | | Financial services revenue | | — | | | — | | | — | | | 349.7 | | | — | | | 349.7 | | Total revenue | | $ | 1,234.6 | | | $ | 1,643.9 | | | $ | 1,238.2 | | | $ | 349.7 | | | $ | (524.2) | | | $ | 3,942.2 | |
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