Non-controlling interests (Tables)

6 Months Ended

Jul. 01, 2018

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, 2017	$	4.9	$	422.7	$	1,607.2		$	(186.1	)	$	(597.0	)	$	$ 27.4		$	1,279.1
Net income		-		-		84.0			-			-			2.3			86.3
Other comprehensive income (loss)		-		-		-			(34.1	)		-			(1.0	)		(35.1	)
Dividends declared		-		-		(3.5	)		-			-			-			(3.5	)
Dividends to non-controlling interests		-		-		-			-			-			(0.2	)		(0.2	)
Issuance of shares pursuant to employee stock compensation plans		-		1.9		-			-			-			-			1.9
Stock based compensation		-		2.3		-			-			-			-			2.3
Purchase of common stock		-				-			-			(13.3	)		-			(13.3	)
Balance as of July 1, 2018	$	4.9	$	426.9	$	1,687.7		$	(220.2	)	$	(610.4	)	$	28.5		$	1,317.4