Comprehensive Income (Tables)

9 Months Ended

Sep. 28, 2025

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
		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

Accumulated Other Comprehensive 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	)