CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Millions, unless otherwise specified	Jun. 30, 2014	Mar. 31, 2014
Assets:
Cash and cash equivalents	$ 74.0	$ 87.2
Trade accounts receivable - net	219.7	221.1
Inventories	127.3	116.8
Deferred income taxes	12.6	13.0
Other current assets	85.9	60.7
Total current assets	519.5	498.8
Property, plant and equipment - net	360.6	359.6
Intangible assets - net	12.2	12.4
Goodwill	29.4	28.7
Deferred income taxes	96.0	98.6
Other noncurrent assets	29.4	34.2
Total assets	1,047.1	1,032.3
Liabilities:
Short-term debt	30.6	32.4
Long-term debt - current portion	0.6	0.8
Accounts payable	162.9	171.1
Accrued compensation and employee benefits	66.1	70.8
Other current liabilities	100.8	82.1
Total current liabilities	361.0	357.2
Long-term debt	131.1	131.2
Deferred income taxes	7.3	7.3
Pensions	78.2	81.0
Other noncurrent liabilities	22.9	27.0
Total liabilities	600.5	603.7
Commitments and contingencies (see Note 15)
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 48.6 million and 48.3 million shares	30.4	30.2
Additional paid-in capital	177.7	175.7
Retained earnings	351.7	338.0
Accumulated other comprehensive loss	(101.5)	(103.9)
Treasury stock, at cost, 0.7 million and 0.7 million shares	(16.1)	(15.2)
Total Modine shareholders' equity	442.2	424.8
Noncontrolling interest	4.4	3.8
Total equity	446.6	428.6
Total liabilities and equity	$ 1,047.1	$ 1,032.3