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Comprehensive Income
9 Months Ended
Oct. 02, 2011
Comprehensive Income [Abstract] 
Comprehensive Income
Note 10.  Comprehensive Income

     The following are the components of comprehensive income:

 
Three Months Ended
 
Nine Months Ended
(millions of dollars)
 
Oct. 2,
2011
     
Oct. 3,
2010
     
Oct. 2,
2011
     
Oct. 3,
2010
 
Consolidated net income                                                                      
$
16.3
   
$
17.5
   
$
50.2
   
$
53.2
 
Other comprehensive income, net of tax:
                             
  
Foreign currency translation adjustments
 
(25.3
)
   
30.9
     
(3.2
)
   
(2.9
)
 
Pension and postretirement plan adjustments
 
(1.2
)
   
1.3
     
1.8
     
3.4
 
 
Sale of interest in business
 
(0.9
)
   
--
     
(0.9
)
   
--
 
 
Cash flow hedges:
                             
 
Net derivative gains (losses) arising during the period
 
1.5
     
(3.6
)
   
0.1
     
1.4
 
Comprehensive income                                                                        
 
(9.4
)
   
46.1
     
48.1
     
55.1
 
Comprehensive income attributable
                             
 
to non-controlling interest
 
1.5
     
(2.2
)
   
(1.4
)
   
(3.6
)
Comprehensive income attributable to MTI                                                                        
$
(7.9
)
 
$
43.9
     
46.7
     
51.5
 

The components of accumulated other comprehensive gain, net of related tax, are as follows:

(millions of dollars)
 
Oct. 2,
2011
     
December 31,
2010
 
Foreign currency translation adjustments
$
43.5
   
$
46.6
 
Unrecognized pension costs
 
(50.0
)
   
(51.9
)
Net gain (loss) on cash flow hedges
 
1.8
     
1.7
 
Accumulated other comprehensive gain (loss)
$
(4.7
)
 
$
(3.6
)