CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Dec. 31, 2017	Mar. 31, 2017
ASSETS
Cash and cash equivalents	$ 47.8	$ 34.2
Trade accounts receivable - net	289.0	295.2
Inventories	186.8	168.5
Other current assets	60.0	55.4
Total current assets	583.6	553.3
Property, plant and equipment - net	491.3	459.0
Intangible assets - net	132.5	134.1
Goodwill	172.2	165.1
Deferred income taxes	95.6	108.4
Other noncurrent assets	27.0	29.6
Total assets	1,502.2	1,449.5
LIABILITIES AND SHAREHOLDERS' EQUITY
Short-term debt	53.5	73.4
Long-term debt - current portion	37.9	31.8
Accounts payable	243.7	230.3
Accrued compensation and employee benefits	89.0	74.8
Other current liabilities	44.9	45.1
Total current liabilities	469.0	455.4
Long-term debt	394.5	405.7
Deferred income taxes	9.4	9.7
Pensions	105.7	119.4
Other noncurrent liabilities	52.0	38.1
Total liabilities	1,030.6	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 52.3 million and 51.8 million shares	32.7	32.4
Additional paid-in capital	227.2	216.4
Retained earnings	377.3	372.4
Accumulated other comprehensive loss	(146.4)	(181.8)
Treasury stock, at cost, 1.8 million and 1.7 million shares	(27.1)	(25.4)
Total Modine shareholders' equity	463.7	414.0
Noncontrolling interest	7.9	7.2
Total equity	471.6	421.2
Total liabilities and equity	$ 1,502.2	$ 1,449.5