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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2018
Mar. 31, 2018
ASSETS    
Cash and cash equivalents $ 35.8 $ 39.3
Trade accounts receivable - net 339.1 342.4
Inventories 210.6 191.3
Other current assets 68.4 70.1
Total current assets 653.9 643.1
Property, plant and equipment - net 485.7 504.3
Intangible assets - net 122.2 129.9
Goodwill 169.7 173.8
Deferred income taxes 99.7 96.9
Other noncurrent assets 24.9 25.4
Total assets 1,556.1 1,573.4
LIABILITIES AND SHAREHOLDERS' EQUITY    
Short-term debt 72.8 53.2
Long-term debt - current portion 43.1 39.9
Accounts payable 284.7 277.9
Accrued compensation and employee benefits 77.8 97.3
Other current liabilities 43.9 47.2
Total current liabilities 522.3 515.5
Long-term debt 364.0 386.3
Deferred income taxes 8.7 9.9
Pensions 101.5 109.6
Other noncurrent liabilities 36.2 53.6
Total liabilities 1,032.7 1,074.9
Commitments and contingencies (see Note 16)
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 52.7 million and 52.3 million shares 33.0 32.7
Additional paid-in capital 235.0 229.9
Retained earnings 447.8 394.9
Accumulated other comprehensive loss (168.4) (140.3)
Treasury stock, at cost, 2.0 million and 1.8 million shares (30.8) (27.1)
Total Modine shareholders' equity 516.6 490.1
Noncontrolling interest 6.8 8.4
Total equity 523.4 498.5
Total liabilities and equity $ 1,556.1 $ 1,573.4