Noncontrolling interests

3 Months Ended

Apr. 01, 2012

Noncontrolling interests [Abstract]

Noncontrolling interests

Note 14 .  Noncontrolling interests

     The following is a reconciliation of beginning and ending total equity, equity attributable to MTI, and equity attributable to noncontrolling 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, 2011		$	2.9		335.1			963.1			(45.3	)		(514.2	)		26.4			768.0
Net income			--		--			18.0			--			--			0.6			18.6
Other comprehensive income			--		--			--			10.0			--			0.3			10.3
Dividends declared			--		--			(0.8	)		--			--			--			(0.8	)
Dividends to non-controlling interest			--		--			--			--			--			(0.2	)		(0.2	)
Employee benefit transactions			--		2.0			--			--			--			--			2.0
Income tax benefit arising from employee
	stock option plans		--		0.2			--			--			--			--			0.2
Stock based compensation			--		(0.3	)		--			--			--			--			(0.3	)
Balance as of April 1, 2012		$	2.9		337.0			980.3			(35.3	)		(514.2	)		27.1			797.8

     The income attributable to noncontrolling interests for the three-month periods ended April 1, 2012 and April 3, 2011 was from continuing operations. The remainder of the income was attributable to MTI. There were no changes in MTI's ownership interest for the period ended April 1, 2012 as compared with December 31, 2011.