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Noncontrolling interests (Tables)
9 Months Ended
Sep. 29, 2013
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, 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