CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Mar. 31, 2023
ASSETS
Cash and cash equivalents	$ 149.7	$ 67.1
Trade accounts receivable - net	364.4	398.0
Inventories	341.3	324.9
Other current assets	62.8	56.4
Total current assets	918.2	846.4
Property, plant and equipment - net	317.3	314.5
Intangible assets - net	78.4	81.1
Goodwill	166.7	165.6
Deferred income taxes	78.1	83.7
Other noncurrent assets	92.7	74.6
Total assets	1,651.4	1,565.9
LIABILITIES AND SHAREHOLDERS' EQUITY
Short-term debt	0.0	3.7
Long-term debt - current portion	19.7	19.7
Accounts payable	255.3	332.8
Accrued compensation and employee benefits	79.6	89.8
Other current liabilities	120.9	61.1
Total current liabilities	475.5	507.1
Long-term debt	313.5	329.3
Deferred income taxes	5.8	4.8
Pensions	31.0	40.2
Other noncurrent liabilities	90.4	84.9
Total liabilities	916.2	966.3
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 55.9 million and 55.4 million shares	35.0	34.6
Additional paid-in capital	279.6	270.8
Retained earnings	633.2	497.5
Accumulated other comprehensive loss	(153.8)	(161.1)
Treasury stock, at cost, 3.7 million and 3.3 million shares	(66.6)	(49.0)
Total Modine shareholders' equity	727.4	592.8
Noncontrolling interest	7.8	6.8
Total equity	735.2	599.6
Total liabilities and equity	$ 1,651.4	$ 1,565.9