CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2022	Mar. 31, 2022
ASSETS
Cash and cash equivalents	$ 70.1	$ 45.2
Trade accounts receivable - net	340.5	367.5
Inventories	293.7	281.2
Other current assets	62.9	63.7
Total current assets	767.2	757.6
Property, plant and equipment - net	291.2	315.4
Intangible assets - net	82.4	90.3
Goodwill	160.9	168.1
Deferred income taxes	23.8	27.2
Other noncurrent assets	66.7	68.4
Total assets	1,392.2	1,427.0
LIABILITIES AND SHAREHOLDERS' EQUITY
Short-term debt	14.9	7.7
Long-term debt - current portion	21.3	21.7
Accounts payable	309.1	325.8
Accrued compensation and employee benefits	86.2	85.1
Other current liabilities	55.0	54.2
Total current liabilities	486.5	494.5
Long-term debt	334.4	348.4
Deferred income taxes	4.3	5.9
Pensions	42.7	47.2
Other noncurrent liabilities	73.6	72.9
Total liabilities	941.5	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 55.1 million and 54.8 million shares	34.4	34.2
Additional paid-in capital	266.0	261.6
Retained earnings	383.1	344.4
Accumulated other comprehensive loss	(195.3)	(149.5)
Treasury stock, at cost, 3.1 million and 2.8 million shares	(43.3)	(40.0)
Total Modine shareholders' equity	444.9	450.7
Noncontrolling interest	5.8	7.4
Total equity	450.7	458.1
Total liabilities and equity	$ 1,392.2	$ 1,427.0