Non-controlling interests (Tables)

6 Months Ended

Jul. 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		-		-		77.6			-			-			1.8			79.4
Other comprehensive income (loss)		-		-		-			27.4			-			0.9			28.3
Dividends declared		-		-		(3.5	)		-			-			-			(3.5	)
Dividends to non-controlling interest		-		-		-			-			-			(1.7	)		(1.7	)
Issuance of shares pursuant to employee stock compensation plans		-		2.5		-			-			-			-			2.5
Stock based compensation		-		3.0		-			-			-			-			3.0
Balance as of July 2, 2017	$	4.8	$	405.5	$	1,493.3		$	(193.7	)	$	(596.3	)	$	25.4		$	1,139.0