CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Sep. 30, 2015	Mar. 31, 2015
ASSETS
Cash and cash equivalents	$ 64.9	$ 70.5
Trade accounts receivable - net	184.9	192.9
Inventories	113.1	107.7
Deferred income taxes	12.0	13.4
Other current assets	84.2	79.7
Total current assets	459.1	464.2
Property, plant and equipment - net	329.7	322.1
Intangible assets - net	9.2	9.9
Goodwill	16.5	16.2
Deferred income taxes	106.6	102.7
Other noncurrent assets	21.2	16.5
Total assets	942.3	931.6
LIABILITIES AND SHAREHOLDERS' EQUITY
Short-term debt	20.1	18.6
Long-term debt - current portion	0.5	0.5
Accounts payable	149.5	152.0
Accrued compensation and employee benefits	48.4	56.7
Other current liabilities	91.7	83.4
Total current liabilities	310.2	311.2
Long-term debt	130.1	129.6
Deferred income taxes	3.7	3.4
Pensions	116.1	110.4
Other noncurrent liabilities	16.6	16.4
Total liabilities	$ 576.7	$ 571.0
Commitments and contingencies (see Note 15)
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 49.0 million and 48.6 million shares	30.6	30.4
Additional paid-in capital	183.7	180.6
Retained earnings	342.4	359.8
Accumulated other comprehensive loss	(177.8)	(198.6)
Treasury stock, at cost, 0.8 million and 0.7 million shares	(17.1)	(16.2)
Total Modine shareholders' equity	361.8	356.0
Noncontrolling interest	3.8	4.6
Total equity	365.6	360.6
Total liabilities and equity	$ 942.3	$ 931.6