Noncontrolling interests (Tables)

6 Months Ended

Jul. 01, 2012

Noncontrolling interests [Abstract]

Total equity, equity attributable To MTI, and equity attributable to noncontrolling interests

     The following is a reconciliation of beginning and ending total equity, equity attributable to MTI, and equity attributable to non-controlling interests:

		Equity Attributable to MTI
(millions of dollars)		Common Stock		Additional  Paid-in Capital		Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Treasury  Stock			Non-controlling Interests			Total
Balance as of December 31, 2011		$	2.9	$	335.1	$	963.1		$	(45.3	)	$	(514.2	)	$	26.4		$	768.0
Net income			--		--		37.7			--			--			1.1			38.8
Other comprehensive income			--		--		--			(2.3	)		--			(0.3	)		(2.6	)
Dividends declared			--		--		(1.8	)		--			--			--			(1.8	)
Dividends to non-controlling interest			--		--		--			--			--			(3.2	)		(3.2	)
Capital contributions by  non-controlling interest			--		--		--			--			--			0.8			0.8
Employee benefit transactions			--		2.4		--			--			--			--			2.4
Income tax benefit arising from employee
	stock option plans		--		0.2		--			--			--			--			0.2
Stock based compensation			--		1.0		--			--			--			--			1.0
Purchase of common stock			--		--		--			--			(6.0	)		--			(6.0	)
Balance as of July 1, 2012		$	2.9	$	338.7	$	999.1		$	(47.7	)	$	(520.2	)	$	24.8		$	797.6