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Installment Receivables (Tables)
9 Months Ended
Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]  
Installment Receivables
The following table summarizes the installment receivables:
 
March 31,
2015
 
(in millions)
Installment receivables, gross
$
1,725

Deferred interest
(139
)
Installment receivables, net of deferred interest
1,586

Allowance for credit losses
(190
)
Installment receivables, net
$
1,396



Classified on the consolidated balance sheets as:

Accounts and notes receivable, net
$
1,035

Other assets
361

Installment receivables, net
$
1,396

Balance and Aging of Installment Receivables
The balance and aging of installment receivables on a gross basis by credit category were as follows:
 
March 31, 2015
 
Prime
 
Subprime
 
Total
 
(in millions)
Unbilled
$
1,243

 
$
359

 
$
1,602

Billed - current
65

 
22

 
87

Billed - past due
21

 
15

 
36

Installment receivables, gross
$
1,329


$
396


$
1,725

Allowance for Credit Losses on Financing Receivables [Table Text Block]
Activity in the deferred interest and allowance for credit losses for the installment receivables is as follows:
 
Nine Months Ended
December 31,
 
Twelve Months Ended
 March 31,
 
2015
 
2015
 
(in millions)
Deferred interest and allowance for credit losses, beginning of period
$
329

 
$
124

Bad debt expense
93

 
398

Write-offs, net of recoveries
(105
)
 
(255
)
Change in deferred interest on short-term and long-term installment receivables
(43
)
 
62

Derecognition of deferred interest and allowance for credit losses
(274
)
 

Deferred interest and allowance for credit losses, end of period
$


$
329