CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2020	Mar. 31, 2019
ASSETS
Cash and cash equivalents	$ 70.9	$ 41.7
Trade accounts receivable - net	292.5	338.6
Inventories	207.4	200.7
Other current assets	62.5	65.8
Total current assets	633.3	646.8
Property, plant and equipment - net	448.0	484.7
Intangible assets - net	106.3	116.2
Goodwill	166.1	168.5
Deferred income taxes	104.8	97.1
Other noncurrent assets	77.6	24.7
Total assets	1,536.1	1,538.0
LIABILITIES AND SHAREHOLDERS' EQUITY
Short-term debt	14.8	18.9
Long-term debt - current portion	15.6	48.6
Accounts payable	227.4	280.9
Accrued compensation and employee benefits	65.0	81.7
Other current liabilities	49.2	39.9
Total current liabilities	372.0	470.0
Long-term debt	452.0	382.2
Deferred income taxes	8.1	8.2
Pensions	130.9	101.7
Other noncurrent liabilities	79.5	34.8
Total liabilities	1,042.5	996.9
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 53.4 million and 52.8 million shares	33.3	33.0
Additional paid-in capital	245.1	238.6
Retained earnings	469.9	472.1
Accumulated other comprehensive loss	(223.3)	(178.4)
Treasury stock, at cost, 2.5 million and 2.1 million shares	(37.1)	(31.4)
Total Modine shareholders' equity	487.9	533.9
Noncontrolling interest	5.7	7.2
Total equity	493.6	541.1
Total liabilities and equity	$ 1,536.1	$ 1,538.0