Non-controlling interests (Tables)

6 Months Ended

Jul. 03, 2016

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, 2015	$	4.8	$	387.6		$	1,292.7		$	(180.9	)	$	(593.7	)	$	$ 27.2		$	937.7
Net income		-		-			55.1			-			-			2.0			57.1
Other comprehensive income (loss)		-		-			-			2.8			-			(0.2	)		2.6
Dividends declared		-		-			(3.5	)		-			-			-			(3.5	)
Dividends to non-controlling interest		-		-			-			-			-			(1.4	)		(1.4	)
Purchases of common shares		-		-			-			-			(2.6	)		-			(2.6	)
Issuance of shares pursuant to employee stock compensation plans		-		0.6			-			-			-			-			0.6
Income tax benefit arising from employee stock compensation plans		-		(0.6	)		-			-			-			-			(0.6	)
Stock based compensation		-		2.4			-			-			-			-			2.4
Balance as of July 3, 2016	$	4.8	$	390.0		$	1,344.4		$	(178.1	)	$	(596.3	)	$	27.6		$	992.4