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Comprehensive Income
 3 Months Ended
Apr. 01, 2018
Comprehensive Income [Abstract]  
Comprehensive Income
Note 11.  Comprehensive Income
 
The following table summarizes the amounts reclassified out of accumulated other comprehensive loss attributable to the Company:

 
Amounts Reclassified Out of Accumulated Other Comprehensive Loss
Three Months Ended
 
Apr. 1,
2018
  
Apr. 2,
2017
 
 
(millions of dollars)
 
Amortization of pension items:
      
Pre-tax amount
 
$
2.4
  
$
1.7
 
Tax
  
(0.5
)
  
(0.5
)
Net of tax
 
$
1.9
  
$
1.2
 
 
The pre-tax amounts in the table above are included within the components of net periodic pension benefit cost (see Note 10 to the Condensed Consolidated Financial Statements) and the tax amounts are included within the provision for taxes on income line within the Condensed Consolidated Statements of Income.
 
The major components of accumulated other comprehensive loss, net of related tax, attributable to MTI are as follows:

  
Foreign
Currency
Translation
Adjustment
  
Unrecognized
Pension Costs
  
Net Gain
on Cash
Flow
 Hedges
  
Total
 
  
(millions of dollars)
 
             
Balance as of December 31, 2017
 
$
(104.1
)
 
$
(86.5
)
 
$
4.5
  
$
(186.1
)
                 
Other comprehensive income  before reclassifications
  
14.7
   
-
   
1.6
   
16.3
 
Amounts reclassified from AOCI
  
-
   
1.9
   
-
   
1.9
 
Net current period other comprehensive income
  
14.7
   
1.9
   
1.6
   
18.2
 
Balance as of April 1, 2018
 
$
(89.4
)
 
$
(84.6
)
 
$
6.1
  
$
(167.9
)