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Comprehensive Income (Tables)
 9 Months Ended
Sep. 28, 2014
Comprehensive Income [Abstract]  
Reclassifications out of accumulated other comprehensive income, net of related tax
The following table summarizes the amounts reclassified out of accumulated other comprehensive income (loss) attributable to the Company:

 
Three Months Ended
  
Nine Months Ended
 
Amounts Reclassified Out of Accumulated Other Comprehensive
 
Sept. 28,
  
Sept. 29,
  
Sept. 28,
  
Sept. 29,
 
 Income (Loss)
 
2014
  
2013
  
2014
  
2013
 
 
(millions of dollars)
 
Amortization of pension items:
 
  
  
  
 
Pre-tax amount
 
$
1.3
  
$
2.9
  
$
3.8
  
$
8.8
 
Tax
  
(0.5
)
  
(1.0
)
  
(1.3
)
  
(3.2
)
Net of tax
 
$
0.8
  
$
1.9
  
$
2.5
  
$
5.6
 
Accumulated other comprehensive income, net of related tax, attributable to MTI
The major components of accumulated other comprehensive income, net of related tax, attributable to MTI are as follows:

 
 
Foreign Currency Translation
Adjustment
  
Unrecognized
Pension
Costs
  
Net Gain on
Cash Flow
Hedges
  
 
 
Total
 
 
 
(millions of dollars)
 
 
 
  
  
  
 
Balance as of December 31, 2013
 
$
17.1
  
$
(51.0
)
 
$
2.6
  
$
(31.3
)
                 
Other comprehensive income (loss) before reclassifications
  
(21.5
)
  
-
   
-
   
(21.5
)
Amounts reclassified from AOCI
  
-
   
2.5
   
-
   
2.5
 
Net current period other comprehensive income (loss)
  
(21.5
)
  
2.5
   
-
   
(19.0
)
Balance as of September 28, 2014
 
$
(4.4
)
 
$
(48.5
)
 
$
2.6
  
$
(50.3
)