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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jul. 03, 2022
Jul. 04, 2021
Jul. 03, 2022
Jul. 04, 2021
CONDENSED CONSOLIDATED STATEMENTS OF INCOME [Abstract]        
Net sales $ 557.0 $ 455.6 $ 1,076.1 $ 908.2
Cost of goods sold 429.7 340.2 827.1 681.0
Production margin 127.3 115.4 249.0 227.2
Marketing and administrative expenses 48.8 46.4 97.6 94.4
Research and development expenses 5.0 4.9 10.1 9.9
Acquisition related transaction and integration costs 2.6 0.4 4.2 0.4
Litigation costs 1.5 0.0 1.5 0.0
Income from operations 69.4 63.7 135.6 122.5
Interest expense, net (10.4) (9.1) (20.2) (19.0)
Non-cash pension settlement charge (1.5) (2.2) (1.5) (2.2)
Other non-operating income (deductions), net (1.2) (0.1) (1.6) 0.4
Total non-operating deductions, net (13.1) (11.4) (23.3) (20.8)
Income before tax and equity in earnings 56.3 52.3 112.3 101.7
Provision for taxes on income 11.4 9.8 22.6 18.7
Equity in earnings of affiliates, net of tax 0.6 0.5 0.7 1.0
Consolidated net income 45.5 43.0 90.4 84.0
Less: Net income attributable to non-controlling interests 0.6 1.1 1.4 2.2
Net income attributable to Minerals Technologies Inc. $ 44.9 $ 41.9 $ 89.0 $ 81.8
Earnings per share:        
Basic: Income attributable to Minerals Technologies Inc. (in dollars per share) $ 1.37 $ 1.24 $ 2.70 $ 2.42
Diluted: Income attributable to Minerals Technologies Inc. (in dollars per share) 1.36 1.23 2.69 2.41
Cash dividends declared per common share (in dollars per share) $ 0.05 $ 0.05 $ 0.10 $ 0.10
Shares used in computation of earnings per share:        
Basic (in shares) 32.8 33.7 33.0 33.8
Diluted (in shares) 32.9 34.1 33.1 34.0