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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Mar. 31, 2020
ASSETS    
Cash and cash equivalents $ 77.2 $ 70.9
Trade accounts receivable - net 272.6 292.5
Inventories 210.2 207.4
Other current assets 56.8 62.5
Total current assets 616.8 633.3
PropertyPlantAndEquipmentNet 439.4 448.0
Intangible assets - net 105.1 106.3
Goodwill 167.0 166.1
Deferred income taxes 109.2 104.8
OtherAssetsNoncurrent 79.2 77.6
Total assets 1,516.7 1,536.1
LIABILITIES AND SHAREHOLDERS' EQUITY    
Short-term debt 25.2 14.8
LongTermDebtAndCapitalLeaseObligationsCurrent 13.4 15.6
Accounts payable 190.1 227.4
Accrued compensation and employee benefits 74.2 65.0
OtherLiabilitiesCurrent 54.1 49.2
Total current liabilities 357.0 372.0
Long-term debt 448.1 452.0
Deferred income taxes 7.0 8.1
Pensions 130.3 130.9
OtherLiabilitiesNoncurrent 81.6 79.5
Total liabilities 1,024.0 1,042.5
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 53.7 million and 53.4 million shares 33.5 33.3
Additional paid-in capital 245.6 245.1
Retained earnings 461.3 469.9
Accumulated other comprehensive loss (215.8) (223.3)
Treasury stock, at cost, 2.7 million and 2.5 million shares (37.9) (37.1)
Total Modine shareholders' equity 486.7 487.9
Noncontrolling interest 6.0 5.7
Total equity 492.7 493.6
Total liabilities and equity $ 1,516.7 $ 1,536.1