Comprehensive Income

9 Months Ended

Sep. 28, 2025

Comprehensive Income [Abstract]

Comprehensive Income

Note 11.  Comprehensive Income

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

	Three Months Ended					Nine Months Ended
		Sep. 28,		Sep. 29,			Sep. 28,			Sep. 29,
(in millions of dollars)		2025		2024			2025			2024
Amortization of pension items:
Pre-tax amount	$	0.1	$	0.3		$	0.5		$	0.9
Tax		-		(0.1	)		(0.2	)		(0.2	)
Net of tax	$	0.1	$	0.2		$	0.3		$	0.7

The pre-tax amounts in the table above are included within the components of net periodic pension benefit cost (see Note 10 to the Condensed Consolidated Financial Statements) and the tax amounts are included within the provision for taxes on income line within the Condensed Consolidated Statements of Income (Loss).

The major components of accumulated other comprehensive loss, net of related tax, attributable to MTI are as follows:

		Foreign Currency					Net Gain (Loss)
		Translation			Unrecognized		on Derivative
(in millions of dollars)		Adjustment			Pension Costs		Instruments			Total
Balance as of December 31, 2024	$	(399.6	)	$	1.9	$	10.6		$	(387.1	)
Other comprehensive income (loss) before reclassifications		35.6			0.3		(0.3	)		35.6
Amounts reclassified from AOCI		-			-		-			-
Net current period other comprehensive income (loss)		35.6			0.3		(0.3	)		35.6
Balance as of September 28, 2025	$	(364.0	)	$	2.2	$	10.3		$	(351.5	)