Noncontrolling interests

3 Months Ended

Mar. 31, 2013

Noncontrolling interests [Abstract]

Noncontrolling interests

Note 13 .  Non-controlling 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		RetainedEarnings			AccumulatedOtherComprehensiveIncome (Loss)			Treasury Stock			Non-controlling Interests			Total
Balance as of December 31, 2012		$	4.7	$	345.9	$	1,032.9		$	(51.2	)	$	(541.9	)	$	23.3		$	813.7
Net income			--		--		18.8			--			--			0.9			19.7
Other comprehensive income			--		--		--			(12.0	)		--			(0.5	)		(12.5	)
Dividends declared			--		--		(1.8	)		--			--			--			(1.8	)
Dividends to non-controlling interest			--		--		--			--			--			(0.5	)		(0.5	)
Employee benefit transactions			--		2.7		--			--			--			--			2.7
Income tax benefit arising from employee
	stock option plans		--		0.7		--			--			--			--			0.7
Purchase of common stock for treasury			--		--		--			--			(9.4	)		--			(9.4	)
Stock based compensation			--		0.2		--			--			--			--			0.2
Balance as of March 31, 2013		$	4.7	$	349.5	$	1,049.9		$	(63.2	)	$	(551.3	)	$	23.2		$	812.8

The income attributable to non-controlling interests for the three-month periods ended March 31, 2013 and April 1, 2012 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 March 31, 2013 as compared with December 31, 2012.