Comprehensive Income (Tables)

3 Months Ended

Mar. 29, 2015

Comprehensive Income [Abstract]

Reclassifications out of accumulated other comprehensive income, net of related tax

	Three Months Ended
Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss)	Mar. 29, 2015			Mar. 30, 2014
	(millions of dollars)
Amortization of pension items:
Pre-tax amount	$	2.3		$	1.2
Tax		(0.9	)		(0.4	)
Net of tax	$	1.4		$	0.8

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, 2014	$	(33.4	)	$	(82.1	)	$	2.6	$	(112.9	)
Other comprehensive income (loss) before reclassifications		(27.9	)		-			-		(27.9	)
Amounts reclassified from AOCI		-			1.4			-		1.4
Net current period other comprehensive income (loss)		(27.9	)		1.4			-		(26.5	)
Balance as of March 29, 2015	$	(61.3	)	$	(80.7	)	$	2.6	$	(139.4	)