Abstract: A flat disk-like tool insert has a plurality of arcuate cutter tips for machining the side surface of a rotating work piece, and a plurality of linear cutting edges for machining a chamfer on the end of the work piece. An endless land surface is contiguous with the cutter tips and the linear cutting edges so as to deflect metal chips away from the machined surfaces. Each tool tip is aligned with two chip breaker ledges that are arranged in a step configuration, such that chips of varying thickness can be effectively and cleanly broken without interference with the machining process. A third chip breaker ledge is set back from each linear cutting edge for breaking chips generated during a chamfering operation.

Abstract: An indexable cutting insert of the type having a corner radius and a corner angle adapted for finishing operations comprises a pair of substantially parallel spaced apart faces and at least one peripheral side surface being substantially normal to said faces. A pair of straight cutting edge extend away from the corner at the juncture of the peripheral side surface and a plane positioned closely adjacent and below the juncture of a respective face. To break the chips formed during cutting, a chip breaker recess extents rearwardly and along the cutting edges. The chip breaker recess includes a descending control surface leading to the bottom of the recess followed by an ascending control surface. The descending control surface comprises a first and second planar descending control surface with the first surface being at a shallow angle and the second surface being at a steep angle.