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Comprehensive Income (Tables)
 6 Months Ended
Jul. 03, 2016
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
  
Six Months Ended
 
 
July 3,
2016
  
June 28,
2015
  
July 3,
2016
  
June 28,
2015
 
Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss)
 
(millions of dollars)
 
Amortization of pension items:
            
Pre-tax amount
 
$
1.9
  
$
2.4
  
$
3.9
  
$
4.7
 
Tax
  
(0.6
)
  
(0.9
)
  
(1.3
)
  
(1.7
)
Net of tax
 
$
1.3
  
$
1.5
  
$
2.6
  
$
3.0
 
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, 2015
 
$
(108.7
)
 
$
(74.8
)
 
$
2.6
  
$
(180.9
)
                 
Other comprehensive income (loss) before reclassifications
  
1.0
   
2.6
   
(0.8
)
  
2.8
 
               
-
 
Net current period other comprehensive income(loss)
  
1.0
   
2.6
   
(0.8
)
  
2.8
 
Balance as of July 3, 2016
 
$
(107.7
)
 
$
(72.2
)
 
$
1.8
  
$
(178.1
)