CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
ASSETS
Cash and cash equivalents	$ 87.2	$ 23.8
Trade accounts receivable - net	221.1	194.5
Inventories	116.8	118.8
Deferred income taxes	13.0	6.6
Other current assets	60.7	55.3
Total current assets	498.8	399.0
Property, plant and equipment - net	359.6	355.9
Intangible assets - net	12.4	8.3
Goodwill	28.7	28.7
Deferred income taxes	98.6	0.4
Other noncurrent assets	34.2	26.5
Total assets	1,032.3	818.8
LIABILITIES AND SHAREHOLDERS' EQUITY
Short-term debt	32.4	30.6
Long-term debt - current portion	0.8	0.5
Accounts payable	171.1	150.7
Accrued compensation and employee benefits	70.8	51.2
Other current liabilities	82.1	47.1
Total current liabilities	357.2	280.1
Long-term debt	131.2	132.5
Deferred income taxes	7.3	8.6
Pensions	81.0	108.0
Postretirement benefits	5.4	6.7
Other noncurrent liabilities	21.6	14.6
Total liabilities	603.7	550.5
Commitments and contingencies (see Note 19)
Shareholders' equity:
Preferred stock, $0.025 par value, authorized 16.0 million shares, issued - none	0	0
Common stock, $0.625 par value, authorized 80.0 million shares, issued 48.3 million and 47.8 million shares	30.2	29.9
Additional paid-in capital	175.7	171.2
Retained earnings	338.0	207.6
Accumulated other comprehensive loss	(103.9)	(128.4)
Treasury stock, at cost, 0.7 million and 0.6 million shares	(15.2)	(14.6)
Total Modine shareholders' equity	424.8	265.7
Noncontrolling interest	3.8	2.6
Total equity	428.6	268.3
Total liabilities and equity	$ 1,032.3	$ 818.8