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Non-controlling interests (Tables)
3 Months Ended
Apr. 02, 2017
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, 2016
 
$
4.8
  
$
400.0
  
$
1,419.1
  
$
(221.1
)
 
$
(596.3
)
 
$
24.4
  
$
1,030.9
 
                             
Net income
  
-
   
-
   
34.6
   
-
   
-
   
1.0
   
35.6
 
Other comprehensive income (loss)
  
-
   
-
   
-
   
13.8
   
-
   
0.5
   
14.3
 
Dividends declared
  
-
   
-
   
(1.7
)
  
-
   
-
   
-
   
(1.7
)
Dividends to non-controlling interest
  
-
   
-
   
-
   
-
   
-
   
(0.2
)
  
(0.2
)
Issuance of shares pursuant to employee stock compensation plans
  
-
   
2.2
   
-
   
-
   
-
   
-
   
2.2
 
Stock based compensation
  
-
   
0.6
   
-
   
-
   
-
   
-
   
0.6
 
Balance as of April 2, 2017
 
$
4.8
  
$
402.8
  
$
1,452.0
  
$
(207.3
)
 
$
(596.3
)
 
$
25.8
  
$
1,081.8