CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jun. 30, 2015	Mar. 31, 2015
ASSETS
Cash and cash equivalents	$ 60.7	$ 70.5
Trade accounts receivable - net	199.7	192.9
Inventories	115.1	107.7
Deferred income taxes	11.5	13.4
Other current assets	82.0	79.7
Total current assets	469.0	464.2
Property, plant and equipment - net	327.8	322.1
Intangible assets - net	9.9	9.9
Goodwill	17.0	16.2
Deferred income taxes	102.7	102.7
Other noncurrent assets	21.7	16.5
Total assets	948.1	931.6
LIABILITIES AND SHAREHOLDERS' EQUITY
Short-term debt	21.1	18.6
Long-term debt - current portion	0.5	0.5
Accounts payable	151.4	152.0
Accrued compensation and employee benefits	52.2	56.7
Other current liabilities	88.1	83.4
Total current liabilities	313.3	311.2
Long-term debt	129.9	129.6
Deferred income taxes	3.5	3.4
Pensions	109.0	110.4
Other noncurrent liabilities	16.9	16.4
Total liabilities	$ 572.6	$ 571.0
Commitments and contingencies (see Note 15)
Shareholders' equity:
Preferred stock, $0.025 par value, authorized 16.0 million shares, issued - none	$ 0.0	$ 0.0
Common stock, $0.625 par value, authorized 80.0 million shares, issued 48.9 million and 48.6 million shares	30.6	30.4
Additional paid-in capital	181.6	180.6
Retained earnings	364.9	359.8
Accumulated other comprehensive loss	(188.7)	(198.6)
Treasury stock, at cost, 0.8 million and 0.7 million shares	(17.0)	(16.2)
Total Modine shareholders' equity	371.4	356.0
Noncontrolling interest	4.1	4.6
Total equity	375.5	360.6
Total liabilities and equity	$ 948.1	$ 931.6