Segments (Tables)

12 Months Ended

Dec. 28, 2013

Segment Reporting [Abstract]

Net Sales by Segment

Financial Data by Segment:

(Amounts in millions)	2013		2012		2011
Net sales:
Commercial & Industrial Group	$	1,091.0	$	1,125.9	$	1,125.8
Snap-on Tools Group		1,358.4		1,272.0		1,153.4
Repair Systems & Information Group		1,009.6		917.1		920.6
Segment net sales		3,459.0		3,315.0		3,199.8
Intersegment eliminations		(402.5)		(377.1)		(345.6)
Total net sales	$	3,056.5	$	2,937.9	$	2,854.2
Financial Services revenue		181.0		161.3		124.3
Total revenues	$	3,237.5	$	3,099.2	$	2,978.5

(Amounts in millions)	2013		2012		2011
Operating earnings:
Commercial & Industrial Group	$	137.3	$	127.3	$	123.4
Snap-on Tools Group		194.6		176.4		158.5
Repair Systems & Information Group		231.9		205.7		184.7
Financial Services		125.7		106.7		90.9
Segment operating earnings		689.5		616.1		557.5
Corporate		(103.3)		(99.7)		(82.4)
Operating earnings		586.2		516.4		475.1
Interest expense		(56.1)		(55.8)		(61.2)
Other income (expense) – net		(3.9)		(0.4)		(1.0)
Earnings before income taxes and equity earnings	$	526.2	$	460.2	$	412.9

Assets by Segment

(Amounts in millions)	2013		2012
Assets:
Commercial & Industrial Group	$	971.0	$	935.2
Snap-on Tools Group		557.3		537.7
Repair Systems & Information Group		979.6		927.7
Financial Services		1,224.0		1,076.3
Total assets from reportable segments		3,731.9		3,476.9
Corporate		431.8		477.7
Elimination of intersegment receivables		(53.7)		(52.3)
Total assets	$	4,110.0	$	3,902.3

Capital Expenditures, Depreciation and Amortization

(Amounts in millions)	2013		2012		2011
Capital expenditures:
Commercial & Industrial Group	$	25.3	$	31.0	$	20.9
Snap-on Tools Group		26.6		29.9		29.1
Repair Systems & Information Group		13.0		9.8		8.1
Financial Services		0.5		1.6		0.4
Total from reportable segments		65.4		72.3		58.5
Corporate		5.2		7.1		2.7
Total capital expenditures	$	70.6	$	79.4	$	61.2
Depreciation and amortization:
Commercial & Industrial Group	$	20.3	$	21.2	$	21.3
Snap-on Tools Group		19.5		17.9		17.2
Repair Systems & Information Group		33.8		35.1		33.9
Financial Services		0.8		0.6		0.4
Total from reportable segments		74.4		74.8		72.8
Corporate		2.3		1.9		1.8
Total depreciation and amortization	$	76.7	$	76.7	$	74.6

Revenue and Long-Lived Assets, Geographic Regions

(Amounts in millions)	2013		2012		2011
Revenues by geographic region:*
United States	$	2,060.2	$	1,930.4	$	1,759.7
Europe		658.3		649.0		731.5
All other		519.0		519.8		487.3
Total revenues	$	3,237.5	$	3,099.2	$	2,978.5
(Amounts in millions)	2013		2012
Long-lived assets:**
United States	$	1,004.6	$	953.5
Sweden		144.3		145.0
All other		272.9		271.3
Total long-lived assets	$	1,421.8	$	1,369.8

Products and Services

The following table shows the consolidated net sales and revenues of these product groups in the last three years:

(Amounts in millions)	2013		2012		2011
Net sales:
Tools	$	1,743.3	$	1,729.4	$	1,667.3
Diagnostics and repair information		652.0		619.8		613.7
Equipment		661.2		588.7		573.2
Total net sales	$	3,056.5	$	2,937.9	$	2,854.2
Financial services revenue		181.0		161.3		124.3
Total revenues	$	3,237.5	$	3,099.2	$	2,978.5