Non-controlling interests

3 Months Ended

Mar. 30, 2014

Non-controlling 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, 2013	$	4.7	$	361.5	$	1,106.3		$	(31.3	)	$	(593.7	)	$	26.9		$	874.4
Net income		--		--		15.6			--			--			0.6			16.2
Other comprehensive income		--		--		--			3.0			--			(0.2	)		2.8
Dividends declared		--		--		(1.7	)		--			--			--			(1.7	)
Dividends to non-controlling interest		--		--		--			--			--			(0.3	)		(0.3	)
Employee benefit transactions		0.1		1.7		--			--			--			--			1.8
Income tax benefit arising from employee
stock option plans		--		1.1		--			--			--			--			1.1
Purchase of common stock for treasury		--		--		--			--			--			--			--
Stock based compensation		--		0.3		--			--			--			--			0.3
Balance as of March 30, 2014	$	4.8	$	364.6	$	1,120.2		$	(28.3	)	$	(593.7	)	$	27.0		$	894.6

The income attributable to non-controlling interests for the three-month periods ended March 30, 2014 and March 31, 2013 was from continuing operations. The remainder of the income was attributable to MTI. There were no changes in MTI's ownership interest for the period ended March 30, 2014 as compared with December 31, 2013.