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Comprehensive Income (Tables)
9 Months Ended
Sep. 27, 2015
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:

Amounts Reclassified Out of Accumulated Other
Comprehensive Income (Loss)
 
Three Months Ended
  
Nine Months Ended
 
 
Sept. 27,
2015
  
Sept. 28,
2014
  
Sept. 27,
2015
  
Sept. 28,
2014
 
  (millions of dollars) 
Amortization of pension items:
 
  
  
  
 
Pre-tax amount
 
$
2.5
  
$
1.3
  
$
7.1
  
$
3.8
 
Tax
  
(0.9
)
  
(0.5
)
  
(2.5
)
  
(1.3
)
Net of tax
 
$
1.6
  
$
0.8
  
$
4.6
  
$
2.5
 
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
  
(65.0
)
  
-
   
-
   
(65.0
)
Amounts reclassified from AOCI
  
-
   
4.6
   
-
   
4.6
 
Net current period other comprehensive income(loss)
  
(65.0
)
  
4.6
   
-
   
(60.4
)
Balance as of September 27, 2015
 
$
(98.4
)
 
$
(77.5
)
 
$
2.6
  
$
(173.3
)