MINERALS TECHNOLOGIES INC
For the period ended Dec 31, 2023. Filed Feb 16, 2024.
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FY2023 · Filed Feb 16, 2024
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Consolidated Statements of Comprehensive Income
COMPREHENSIVE INCOME
| Year Ended December 31, | |||
|---|---|---|---|
| (millions of dollars) | 2023 | 2022 | 2021 |
| Net income | $88.3 | $126.3 | $168.5 |
| Other comprehensive income (loss), net of tax: | |||
| Foreign currency translation adjustments | (6.1) | (78.9) | (78.9) |
| Pension and postretirement plan adjustments | 5.6 | 35.3 | 45.2 |
| Unrealized gain (loss) on cash flow hedges | (3.3) | 7.8 | 8.4 |
| Total other comprehensive loss, net of tax | (3.8) | (35.8) | (25.3) |
| Total comprehensive income including non-controlling interests | 84.5 | 90.5 | 143.2 |
| Less: Net income attributable to non-controlling interests | 4.2 | 4.1 | 4.1 |
| Less: Foreign currency translation adjustments attributable to non-controlling interests | (0.9) | (2.9) | (0.1) |
| Comprehensive income attributable to non-controlling interests | 3.3 | 1.2 | 4.0 |
| Comprehensive income attributable to Minerals Technologies Inc. | $81.2 | $89.3 | $139.2 |
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