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Noncontrolling interests
9 Months Ended
Sep. 29, 2013
Noncontrolling interests [Abstract]  
Noncontrolling interests
Note 14 .  Non-controlling 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, 2012
$
4.7
 
$
345.9
 
$
1,032.9
 
$
(51.2
)
 
$
(541.9
)
 
$
23.3
 
 
$
813.7
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income  
 
--
 
 
--
 
 
57.7
 
 
--
 
 
 
--
 
 
 
2.2
 
 
 
59.9
 
Other comprehensive income  
 
--
 
 
--
 
 
--
 
 
(7.5
)
 
 
--
 
 
 
(1.4
)
 
 
(8.9
)
Dividends declared  
 
--
 
 
--
 
 
(5.2
)
 
--
 
 
 
--
 
 
 
--
 
 
 
(5.2
)
Dividends to non-controlling interest
 
--
 
 
--
 
 
--
 
 
--
 
 
 
--
 
 
 
(0.8
)
 
 
(0.8
)
Employee benefit transactions  
 
0.1
 
 
11.4
 
 
--
 
 
--
 
 
 
--
 
 
 
--
 
 
 
11.5
 
Income tax benefit arising from employee
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
stock option plans  
 
--
 
 
2.6
 
 
--
 
 
--
 
 
 
--
 
 
 
--
 
 
 
2.6
 
Purchase of common stock for treasury
 
--
 
 
--
 
 
--
 
 
--
 
 
 
(44.0
)
 
 
--
 
 
 
(44.0
)
Stock based compensation  
 
--
 
 
3.5
 
 
--
 
 
--
 
 
 
            --
 
 
 
--
 
 
 
3.5
 
Balance as of September 29, 2013
$
4.8
 
$
363.4
 
$
1,085.4
 
$
(58.7
)
 
$
(585.9
)
 
$
23.3
 
 
$
832.3
 

 

     The income attributable to non-controlling interests for the nine-month periods ended September 29, 2013 and September 30, 2012 was from continuing operations. The remainder of income was attributable to MTI. There were no changes in MTI's ownership interest for the period ended September 29, 2013 as compared with December 31, 2012.