CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2019	Mar. 31, 2018
ASSETS
Cash and cash equivalents	$ 41.7	$ 39.3
Trade accounts receivable - net	338.6	342.4
Inventories	200.7	191.3
Other current assets	65.8	70.1
Total current assets	646.8	643.1
Property, plant and equipment - net	484.7	504.3
Intangible assets - net	116.2	129.9
Goodwill	168.5	173.8
Deferred income taxes	97.1	96.9
Other noncurrent assets	24.7	25.4
Total assets	1,538.0	1,573.4
LIABILITIES AND SHAREHOLDERS' EQUITY
Short-term debt	66.0	53.2
Long-term debt - current portion	48.6	39.9
Accounts payable	280.9	277.9
Accrued compensation and employee benefits	81.7	97.3
Other current liabilities	39.9	47.2
Total current liabilities	517.1	515.5
Long-term debt	335.1	386.3
Deferred income taxes	8.2	9.9
Pensions	101.7	109.6
Other noncurrent liabilities	34.8	53.6
Total liabilities	996.9	1,074.9
Commitments and contingencies (see Note 20)
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 52.8 million and 52.3 million shares	33.0	32.7
Additional paid-in capital	238.6	229.9
Retained earnings	472.1	394.9
Accumulated other comprehensive loss	(178.4)	(140.3)
Treasury stock, at cost, 2.1 million and 1.8 million shares	(31.4)	(27.1)
Total Modine shareholders' equity	533.9	490.1
Noncontrolling interest	7.2	8.4
Total equity	541.1	498.5
Total liabilities and equity	$ 1,538.0	$ 1,573.4