CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Dec. 31, 2018	Mar. 31, 2018
ASSETS
Cash and cash equivalents	$ 30.7	$ 39.3
Trade accounts receivable - net	301.5	342.4
Inventories	211.0	191.3
Other current assets	71.7	70.1
Total current assets	614.9	643.1
Property, plant and equipment - net	489.1	504.3
Intangible assets - net	119.5	129.9
Goodwill	169.0	173.8
Deferred income taxes	96.5	96.9
Other noncurrent assets	23.7	25.4
Total assets	1,512.7	1,573.4
LIABILITIES AND SHAREHOLDERS' EQUITY
Short-term debt	67.5	53.2
Long-term debt - current portion	45.7	39.9
Accounts payable	245.7	277.9
Accrued compensation and employee benefits	73.7	97.3
Other current liabilities	41.9	47.2
Total current liabilities	474.5	515.5
Long-term debt	354.2	386.3
Deferred income taxes	9.1	9.9
Pensions	99.1	109.6
Other noncurrent liabilities	35.1	53.6
Total liabilities	972.0	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	236.7	229.9
Retained earnings	465.8	394.9
Accumulated other comprehensive loss	(170.4)	(140.3)
Treasury stock, at cost, 2.1 million and 1.8 million shares	(31.4)	(27.1)
Total Modine shareholders' equity	533.6	490.1
Noncontrolling interest	7.1	8.4
Total equity	540.7	498.5
Total liabilities and equity	$ 1,512.7	$ 1,573.4