Comprehensive Income (Tables)

3 Months Ended

Apr. 02, 2017

Comprehensive Income [Abstract]

Reclassifications out of accumulated other comprehensive income (loss), 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
Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss)	Apr. 2, 2017			Apr. 3, 2016
	(millions of dollars)
Amortization of pension items:
Pre-tax amount	$	1.7		$	2.0
Tax		(0.5	)		(0.7	)
Net of tax	$	1.2		$	1.3

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, 2016	$	(147.3	)	$	(78.0	)	$	4.2	$	(221.1	)
Other comprehensive income (loss) before reclassifications		12.5			-			0.1		12.6
Amounts reclassified from AOCI		-			1.2			-		1.2
Net current period other comprehensive income (loss)		12.5			1.2			0.1		13.8
Balance as of April 2, 2017	$	(134.8	)	$	(76.8	)	$	4.3	$	(207.3	)