Non-controlling interests (Tables)

3 Months Ended

Mar. 29, 2015

Non-Controlling Interests [Abstract]

Total equity, equity attributable To MTI, and equity attributable to noncontrolling interests

The following is a reconciliation of beginning and ending total equity, equity attributable to MTI, and equity attributable to non-controlling interests:

	Equity Attributable to MTI
	Common Stock		Additional Paid-in Capital		Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Treasury Stock			Non-controlling Interests			Total
	(millions of dollars)
Balance as of December 31, 2014	$	4.8	$	373.0	$	1,191.8		$	(112.9	)	$	(593.7	)	$	$ 25.9		$	888.9
Net income		-		-		35.1			-			-			0.9			36.0
Other comprehensive income (loss)		-		-		-			(26.5	)		-			0.1			(26.4	)
Dividends declared		-		-		(1.8	)		-			-			-			(1.8	)
Dividends to non-controlling interest		-		-		-			-			-			(0.2	)		(0.2	)
Issuance of shares pursuant to employee stock compensation plans		-		0.7		-			-			-			-			0.7
Income tax benefit arising from employee stock compensation plans		-		0.5		-			-			-			-			0.5
Stock based compensation		-		1.3		-			-			-			-			1.3
Balance as of March 29, 2015	$	4.8	$	375.5	$	1,225.1		$	(139.4	)	$	(593.7	)	$	26.7		$	899.0