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Comprehensive Income (Tables)
9 Months Ended
Sep. 29, 2019
Comprehensive Income [Abstract]  
Reclassifications Out of Accumulated Other Comprehensive Loss

The following table summarizes the amounts reclassified out of accumulated other comprehensive loss attributable to the Company:


 
Three Months Ended
   
Nine Months Ended
 
(millions of dollars)
 
Sep. 29,
2019
   
Sep. 30,
2018
   
Sep. 29,
2019
   
Sep. 30,
2018
 
                         
Amortization of pension items:
                       
Pre-tax amount
 
$
2.2
   
$
6.2
   
$
6.6
   
$
11.1
 
Tax
   
(0.6
)
   
(1.6
)
   
(1.7
)
   
(2.7
)
Net of tax
 
$
1.6
   
$
4.6
   
$
4.9
   
$
8.4
 

Accumulated Other Comprehensive Loss, Net of Related Tax, Attributable to MTI
The major components of accumulated other comprehensive loss, net of related tax, attributable to MTI are as follows:

(millions of dollars)
 
Foreign Currency
Translation Adjustment
   
Unrecognized
Pension Costs
   
Net Gain (Loss)
on Derivative Instruments
   
Total
 
                         
Balance as of December 31, 2018
 
$
(170.1
)
 
$
(69.7
)
 
$
6.1
   
$
(233.7
)
                                 
Other comprehensive loss before reclassifications
   
(41.8
)
   
     
2.5
     
(39.3
)
Amounts reclassified from AOCI
   
     
4.9
     
     
4.9
 
Net current period other comprehensive income (loss)
   
(41.8
)
   
4.9
     
2.5
     
(34.4
)
Cumulative effect of accounting change
   
     
(10.4
)
   
(0.5
)
   
(10.9
)
Balance as of Sep. 29, 2019
 
$
(211.9
)
 
$
(75.2
)
 
$
8.1
   
$
(279.0
)