CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2022	Mar. 31, 2022
ASSETS
Cash and cash equivalents	$ 58.7	$ 45.2
Trade accounts receivable - net	353.5	367.5
Inventories	310.8	281.2
Other current assets	58.6	63.7
Total current assets	781.6	757.6
Property, plant and equipment - net	299.5	315.4
Intangible assets - net	86.3	90.3
Goodwill	164.6	168.1
Deferred income taxes	25.7	27.2
Other noncurrent assets	66.9	68.4
Total assets	1,424.6	1,427.0
LIABILITIES AND SHAREHOLDERS' EQUITY
Short-term debt	6.5	7.7
Long-term debt - current portion	21.5	21.7
Accounts payable	318.5	325.8
Accrued compensation and employee benefits	90.4	85.1
Other current liabilities	59.4	54.2
Total current liabilities	496.3	494.5
Long-term debt	360.2	348.4
Deferred income taxes	4.4	5.9
Pensions	44.8	47.2
Other noncurrent liabilities	71.8	72.9
Total liabilities	977.5	968.9
Commitments and contingencies (see Note 17)
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 54.9 million and 54.8 million shares	34.3	34.2
Additional paid-in capital	262.7	261.6
Retained earnings	358.7	344.4
Accumulated other comprehensive loss	(173.3)	(149.5)
Treasury stock, at cost, 3.0 million and 2.8 million shares	(41.7)	(40.0)
Total Modine shareholders' equity	440.7	450.7
Noncontrolling interest	6.4	7.4
Total equity	447.1	458.1
Total liabilities and equity	$ 1,424.6	$ 1,427.0