Noncontrolling interests (Tables)

9 Months Ended

Oct. 02, 2011

Noncontrolling 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
(millions of dollars)		Common Stock		Additional  Paid-in Capital		Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Treasury  Stock			Non-controlling Interests			Total
Balance as of December 31, 2010		$	2.9		323.2		899.2			(3.6	)		(466.2	)		27.2			782.7
Comprehensive Income:
Net income			--		--		47.9			--			--			2.4			50.3
Sale of interest in business			--		--		--			--			--			(0.9	)		(0.9	)
Currency translation adjustment			--		--		--			(3.1	)		--			(0.1	)		(3.2	)
Unamortized pension gains and
	prior service costs		--		--		--			1.8			--			--			1.8
Cash flow hedge:
Net derivative gains (losses)
	arising during the year		--		--		--			0.1			--			--			0.1
Reclassification adjustment			--		--		--			--			--			--			--
Total comprehensive income (loss)			--		--		47.9			(1.2	)		--			1.4			48.1
Dividends declared			--		--		(2.7	)		--			--			--			(2.7	)
Dividends to non-controlling interest			--		--		--			--			--			(0.5	)		(0.5	)
Employee benefit transactions			--		5.1		--			--			--			--			5.1
Income tax benefit arising from employee
	stock option plans		--		0.2		--			--			--			--			0.2
Stock based compensation			--		4.1		--			--			--			--			4.1
Purchase of common stock			--		--		--			--			(45.0	)		--			(45.0	)
Balance as of October 2, 2011		$	2.9		332.5		944.4			(4.8	)		(511.2	)		28.1			792.0