Non-controlling interests (Tables)

6 Months Ended

Jun. 28, 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		-		-		61.7			-			-			1.8			63.5
Other comprehensive income (loss)		-		-		-			(27.2	)		-			(0.1	)		(27.3	)
Dividends declared		-		-		(3.5	)		-			-			-			(3.5	)
Dividends to non-controlling interest		-		-		-			-			-			(0.6	)		(0.6	)
Issuance of shares pursuant to employee stock compensation plans		-		1.3		-			-			-			-			1.3
Income tax benefit arising from employee stock compensation plans		-		0.8		-			-			-			-			0.8
Stock based compensation		-		4.3		-			-			-			-			4.3
Balance as of June 28, 2015	$	4.8	$	379.4	$	1,250.0		$	(140.1	)	$	(593.7	)	$	27.0		$	927.4