CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2021	Mar. 31, 2021
ASSETS
Cash and cash equivalents	$ 56.0	$ 37.8
Trade accounts receivable - net	276.8	267.9
Inventories	248.9	195.6
Assets held for sale	70.5	107.6
Other current assets	44.5	35.9
Total current assets	696.7	644.8
Property, plant and equipment - net	265.9	269.9
Intangible assets - net	96.0	100.6
Goodwill	170.1	170.7
Deferred income taxes	26.0	24.5
Other noncurrent assets	67.3	66.2
Total assets	1,322.0	1,276.7
LIABILITIES AND SHAREHOLDERS' EQUITY
Short-term debt	0.2	1.4
Long-term debt - current portion	21.8	21.9
Accounts payable	252.5	233.9
Accrued compensation and employee benefits	64.5	66.5
Liabilities held for sale	65.5	103.3
Other current liabilities	49.5	42.2
Total current liabilities	454.0	469.2
Long-term debt	366.9	311.2
Deferred income taxes	6.0	5.9
Pensions	53.8	58.6
Other noncurrent liabilities	77.3	75.7
Total liabilities	958.0	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	34.1	33.9
Additional paid-in capital	259.4	255.0
Retained earnings	261.9	259.2
Accumulated other comprehensive loss	(159.2)	(161.2)
Treasury stock, at cost, 2.7 million shares	(39.2)	(38.2)
Total Modine shareholders' equity	357.0	348.7
Noncontrolling interest	7.0	7.4
Total equity	364.0	356.1
Total liabilities and equity	$ 1,322.0	$ 1,276.7