XML 30 R17.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Comprehensive Income | 6 Months Ended
--- | ---
Jul. 01, 2018
Comprehensive Income [Abstract] |
Comprehensive Income |
Note 12. | Comprehensive Income
The following table summarizes the amounts reclassified out of accumulated other comprehensive loss attributable to the Company:
|  | Three Months Ended |  |  | Six Months Ended |
Amounts Reclassified Out of Accumulated Other Comprehensive Loss |  | July 1, 2018 |  |  | July 2, 2017 |  |  | July 1, 2018 |  |  | July 2, 2017 |
|  | (millions of dollars) |
Amortization of pension items: |  |  |  |  |  |  |  |  |  |  |  |
Pre-tax amount |  | $ | 2.4 |  |  | $ | 1.8 |  |  | $ | 4.9 |  |  | $ | 3.7 |
Tax |  |  | (0.5 | ) |  |  | (0.5 | ) |  |  | (1.2 | ) |  |  | (1.2 | )
Net of tax |  | $ | 1.9 |  |  | $ | 1.3 |  |  | $ | 3.7 |  |  | $ | 2.5 |
The pre-tax amounts in the table above are included within the components of net periodic pension benefit cost (see Note 11 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 (Loss) on Derivatives |  |  | Total |
|  | (millions of dollars) |
Balance as of December 31, 2017 |  | $ | (104.1 | ) |  | $ | (86.5 | ) |  | $ | 4.5 |  |  | $ | (186.1 | )
Other comprehensive loss before reclassifications |  |  | (38.2 | ) |  |  | - |  |  |  | - |  |  |  | (38.2 | )
Amounts reclassified from AOCI |  |  | - |  |  |  | 3.7 |  |  |  | 0.4 |  |  |  | 4.1 |
Net current period other comprehensive income (loss) |  |  | (38.2 | ) |  |  | 3.7 |  |  |  | 0.4 |  |  |  | (34.1 | )
Balance as of July 1, 2018 |  | $ | (142.3 | ) |  | $ | (82.8 | ) |  | $ | 4.9 |  |  | $ | (220.2 | )

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration