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Comprehensive Income (Tables)
 3 Months Ended
Mar. 29, 2020
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
  
(millions of dollars)
  
Mar. 29,
2020
    
Mar. 31,
2019
  
             
Amortization of pension items:
            
Pre-tax amount
  
$
2.7
    
$
2.2
  
Tax
    
(0.6
)
    
(0.6
)
Net of tax
  
$
2.1
    
$
1.6
  
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
on Derivative Instruments
    
Total
  
                         
Balance as of December 31, 2019
  
$
(200.2
)
  
$
(96.1
)
  
$
5.9
    
$
(290.4
)
                                 
Other comprehensive income (loss) before reclassifications
    
(41.7
)
    
—
      
1.8
      
(39.9
)
Amounts reclassified from AOCI
    
—
      
2.1
      
—
      
2.1
  
Net current period other comprehensive income (loss)
    
(41.7
)
    
2.1
      
1.8
      
(37.8
)
Balance as of March 29, 2020
  
$
(241.9
)
  
$
(94.0
)
  
$
7.7
    
$
(328.2
)