Segments (Tables)

3 Months Ended

Mar. 30, 2024

Segment Reporting [Abstract]

Schedule of Net Sales by Segment

Financial Data by Segment:

	Three Months Ended
(Amounts in millions)	March 30, 2024		April 1, 2023
Net sales:
Commercial & Industrial Group	$	359.9	$	363.8
Snap-on Tools Group	500.1		537.0
Repair Systems & Information Group	463.8		446.6
Segment net sales	1,323.8		1,347.4
Intersegment eliminations	(141.5)		(164.4)
Total net sales	1,182.3		1,183.0
Financial Services revenue	99.6		92.6
Total revenues	$	1,281.9	$	1,275.6
Operating earnings:
Commercial & Industrial Group	$	55.4	$	55.8
Snap-on Tools Group	117.3		131.7
Repair Systems & Information Group	112.9		104.6
Financial Services	68.3		66.3
Segment operating earnings	353.9		358.4
Corporate	(14.7)		(32.3)
Operating earnings	339.2		326.1
Interest expense	(12.5)		(12.4)
Other income (expense) – net	18.1		15.2
Earnings before income taxes	$	344.8	$	328.9

Schedule of Assets by Segment

(Amounts in millions)	March 30, 2024		December 30, 2023
Assets:
Commercial & Industrial Group	$	1,282.9	$	1,293.7
Snap-on Tools Group	941.2		941.8
Repair Systems & Information Group	1,673.5		1,680.0
Financial Services	2,450.6		2,430.0
Total assets from reportable segments	6,348.2		6,345.5
Corporate	1,405.7		1,285.0
Elimination of intersegment receivables	(87.1)		(85.6)
Total assets	$	7,666.8	$	7,544.9