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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Dec. 31, 2015
Mar. 31, 2015
ASSETS    
Cash and cash equivalents $ 81.5 $ 70.5
Trade accounts receivable - net 148.8 192.9
Inventories 114.6 107.7
Deferred income taxes 11.8 13.4
Other current assets 85.2 79.7
Total current assets 441.9 464.2
Property, plant and equipment - net 328.2 322.1
Intangible assets - net 8.6 9.9
Goodwill 16.1 16.2
Deferred income taxes 104.8 102.7
Other noncurrent assets 22.2 16.5
Total assets 921.8 931.6
LIABILITIES AND SHAREHOLDERS' EQUITY    
Short-term debt 21.8 18.6
Long-term debt - current portion 4.4 0.5
Accounts payable 130.8 152.0
Accrued compensation and employee benefits 44.6 56.7
Other current liabilities 92.7 83.4
Total current liabilities 294.3 311.2
Long-term debt 127.6 129.6
Deferred income taxes 3.6 3.4
Pensions 110.1 110.4
Other noncurrent liabilities 16.5 16.4
Total liabilities $ 552.1 $ 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 185.0 180.6
Retained earnings 350.6 359.8
Accumulated other comprehensive loss (181.1) (198.6)
Treasury stock, at cost, 1.0 million and 0.7 million shares (19.2) (16.2)
Total Modine shareholders' equity 365.9 356.0
Noncontrolling interest 3.8 4.6
Total equity 369.7 360.6
Total liabilities and equity $ 921.8 $ 931.6