CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2021	Mar. 31, 2021
ASSETS
Cash and cash equivalents	$ 49.0	$ 37.8
Trade accounts receivable - net	293.7	267.9
Inventories	229.1	195.6
Assets held for sale	76.1	107.6
Other current assets	43.1	35.9
Total current assets	691.0	644.8
Property, plant and equipment - net	271.6	269.9
Intangible assets - net	99.0	100.6
Goodwill	171.4	170.7
Deferred income taxes	28.1	24.5
Other noncurrent assets	65.8	66.2
Total assets	1,326.9	1,276.7
LIABILITIES AND SHAREHOLDERS' EQUITY
Short-term debt	0.6	1.4
Long-term debt - current portion	21.9	21.9
Accounts payable	260.0	233.9
Accrued compensation and employee benefits	68.7	66.5
Liabilities held for sale	62.5	103.3
Other current liabilities	54.3	42.2
Total current liabilities	468.0	469.2
Long-term debt	348.6	311.2
Deferred income taxes	6.2	5.9
Pensions	56.6	58.6
Other noncurrent liabilities	80.3	75.7
Total liabilities	959.7	920.6
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 54.5 million and 54.3 million shares	34.0	33.9
Additional paid-in capital	256.9	255.0
Retained earnings	261.5	259.2
Accumulated other comprehensive loss	(153.2)	(161.2)
Treasury stock, at cost, 2.7 million shares	(39.2)	(38.2)
Total Modine shareholders' equity	360.0	348.7
Noncontrolling interest	7.2	7.4
Total equity	367.2	356.1
Total liabilities and equity	$ 1,326.9	$ 1,276.7