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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Mar. 31, 2018
ASSETS    
Cash and cash equivalents $ 41.4 $ 39.3
Trade accounts receivable - net 347.6 342.4
Inventories 203.7 191.3
Other current assets 68.6 70.1
Total current assets 661.3 643.1
Property, plant and equipment - net 486.9 504.3
Intangible assets - net 124.7 129.9
Goodwill 170.4 173.8
Deferred income taxes 94.9 96.9
Other noncurrent assets 24.5 25.4
Total assets 1,562.7 1,573.4
LIABILITIES AND SHAREHOLDERS' EQUITY    
Short-term debt 93.2 53.2
Long-term debt - current portion 41.2 39.9
Accounts payable 276.6 277.9
Accrued compensation and employee benefits 80.3 97.3
Other current liabilities 46.5 47.2
Total current liabilities 537.8 515.5
Long-term debt 371.9 386.3
Deferred income taxes 9.1 9.9
Pensions 104.7 109.6
Other noncurrent liabilities 53.0 53.6
Total liabilities 1,076.5 1,074.9
Commitments and contingencies (see Note 16)
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 52.7 million and 52.3 million shares 32.9 32.7
Additional paid-in capital 231.7 229.9
Retained earnings 409.3 394.9
Accumulated other comprehensive loss (163.6) (140.3)
Treasury stock, at cost, 2.0 million and 1.8 million shares (30.8) (27.1)
Total Modine shareholders' equity 479.5 490.1
Noncontrolling interest 6.7 8.4
Total equity 486.2 498.5
Total liabilities and equity $ 1,562.7 $ 1,573.4