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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2018
Mar. 31, 2017
ASSETS    
Cash and cash equivalents $ 39.3 $ 34.2
Trade accounts receivable - net 342.4 295.2
Inventories 191.3 168.5
Other current assets 70.1 55.4
Total current assets 643.1 553.3
Property, plant and equipment - net 504.3 459.0
Intangible assets - net 129.9 134.1
Goodwill 173.8 165.1
Deferred income taxes 96.9 108.4
Other noncurrent assets 25.4 29.6
Total assets 1,573.4 1,449.5
LIABILITIES AND SHAREHOLDERS' EQUITY    
Short-term debt 53.2 73.4
Long-term debt - current portion 39.9 31.8
Accounts payable 277.9 230.3
Accrued compensation and employee benefits 97.3 74.8
Other current liabilities 47.2 45.1
Total current liabilities 515.5 455.4
Long-term debt 386.3 405.7
Deferred income taxes 9.9 9.7
Pensions 109.6 119.4
Other noncurrent liabilities 53.6 38.1
Total liabilities 1,074.9 1,028.3
Commitments and contingencies (see Note 18)
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 229.9 216.4
Retained earnings 394.9 372.4
Accumulated other comprehensive loss (140.3) (181.8)
Treasury stock, at cost, 1.8 million and 1.7 million shares (27.1) (25.4)
Total Modine shareholders' equity 490.1 414.0
Noncontrolling interest 8.4 7.2
Total equity 498.5 421.2
Total liabilities and equity $ 1,573.4 $ 1,449.5