Comprehensive Income (Tables)

3 Months Ended

Apr. 05, 2026

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
		Apr. 5,		Mar. 30,
(in millions of dollars)		2026		2025
Amortization of pension items:
Pre-tax amount	$	-	$	0.1
Tax		-		-
Net of tax	$	-	$	0.1

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, 2025	$	(360.9	)	$	10.3	$	10.2	$	(340.4	)
Other comprehensive income (loss) before reclassifications		(13.2	)		-		-		(13.2	)
Amounts reclassified from AOCI		-			-		0.1		0.1
Net current period other comprehensive income (loss)		(13.2	)		-		0.1		(13.1	)
Balance as of April 5, 2026	$	(374.1	)	$	10.3	$	10.3	$	(353.5	)