Indebtedness	3 Months Ended
Jun. 30, 2013
Indebtedness [Abstract]
Indebtedness	Note 13: Indebtedness The Company’s long-term debt includes $125.0 million of 6.8 percent Senior Notes. The Company also maintains a $145.0 million domestic revolving credit facility, which expires in August 2014, with no borrowings outstanding. The Company also maintains credit agreements for its foreign subsidiaries with outstanding short-term borrowings at June 30, 2013 and March 31, 2013 of $33.2 million and $30.6 million, respectively. At June 30, 2013, the Company’s foreign unused lines of credit in Europe, Brazil, China and India totaled $52.0 million. At June 30, 2013, domestic letters of credit totaled $7.0 million, resulting in available borrowings under the Company’s domestic revolving credit facility of $138.0 million. In aggregate, the Company had total available lines of credit of $190.0 million at June 30, 2013. Provisions contained in the Company’s revolving credit facility, Senior Note agreements and various foreign credit agreements require the Company to maintain compliance with various covenants and include certain cross-default clauses. The Company was in compliance with its covenants as of June 30, 2013. The fair value of long-term debt is estimated using discounted future cash flows at rates offered to the Company for similar debt instruments of comparable maturities. At June 30, 2013 and March 31, 2013, the carrying value of Modine’s long-term debt approximated fair value, with the exception of the Senior Notes, which had a fair value of approximately $137.0 million and $139.0 million, respectively. The fair value of the Senior Notes is categorized as Level 2 within the fair value hierarchy. Refer to Note 2 for the definition of a Level 2 fair value measurement.

Indebtedness

3 Months Ended

Jun. 30, 2013

Note 13: Indebtedness

The Company’s long-term debt includes $125.0 million of 6.8 percent Senior Notes. The Company also maintains a $145.0 million domestic revolving credit facility, which expires in August 2014, with no borrowings outstanding.

The Company also maintains credit agreements for its foreign subsidiaries with outstanding short-term borrowings at June 30, 2013 and March 31, 2013 of $33.2 million and $30.6 million, respectively. At June 30, 2013, the Company’s foreign unused lines of credit in Europe, Brazil, China and India totaled $52.0 million. At June 30, 2013, domestic letters of credit totaled $7.0 million, resulting in available borrowings under the Company’s domestic revolving credit facility of $138.0 million. In aggregate, the Company had total available lines of credit of $190.0 million at June 30, 2013.

Provisions contained in the Company’s revolving credit facility, Senior Note agreements and various foreign credit agreements require the Company to maintain compliance with various covenants and include certain cross-default clauses. The Company was in compliance with its covenants as of June 30, 2013.

The fair value of long-term debt is estimated using discounted future cash flows at rates offered to the Company for similar debt instruments of comparable maturities. At June 30, 2013 and March 31, 2013, the carrying value of Modine’s long-term debt approximated fair value, with the exception of the Senior Notes, which had a fair value of approximately $137.0 million and $139.0 million, respectively. The fair value of the Senior Notes is categorized as Level 2 within the fair value hierarchy. Refer to Note 2 for the definition of a Level 2 fair value measurement.