CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jun. 30, 2017	Mar. 31, 2017
ASSETS
Cash and cash equivalents	$ 41.5	$ 34.2
Trade accounts receivable - net	317.8	295.2
Inventories	180.2	168.5
Other current assets	61.4	55.4
Total current assets	600.9	553.3
Property, plant and equipment - net	473.0	459.0
Intangible assets - net	135.0	134.1
Goodwill	169.4	165.1
Deferred income taxes	111.7	108.4
Other noncurrent assets	30.2	29.6
Total assets	1,520.2	1,449.5
LIABILITIES AND SHAREHOLDERS' EQUITY
Short-term debt	90.6	73.4
Long-term debt - current portion	34.0	31.8
Accounts payable	246.8	230.3
Accrued compensation and employee benefits	76.0	74.8
Other current liabilities	41.3	45.1
Total current liabilities	488.7	455.4
Long-term debt	406.0	405.7
Deferred income taxes	9.5	9.7
Pensions	119.5	119.4
Other noncurrent liabilities	39.9	38.1
Total liabilities	1,063.6	1,028.3
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 51.9 million and 51.8 million shares	32.4	32.4
Additional paid-in capital	219.4	216.4
Retained earnings	389.7	372.4
Accumulated other comprehensive loss	(164.5)	(181.8)
Treasury stock, at cost, 1.8 million and 1.7 million shares	(27.1)	(25.4)
Total Modine shareholders' equity	449.9	414.0
Noncontrolling interest	6.7	7.2
Total equity	456.6	421.2
Total liabilities and equity	$ 1,520.2	$ 1,449.5