Segment Information (Disclosure)

6 Months Ended

Sep. 30, 2011

Segmentreportingdisclosureofentitysreportablesegmentsabstract [Abstract]

Segment Reporting Disclosure Text Block

Note 16 – Segment Information
Financial information for our reportable operating segments for the periods ended or at September 30, 2011
is summarized as follows (dollars in millions):
		Finance		Insurance		Intercompany
Fiscal 2012:		operations		operations		eliminations		Total
Three Months Ended September 30, 2011
Total financing revenues		$	1,867	$	-	$	3	$	1,870
Insurance earned premiums and contract revenues			-		156		(3)		153
Investment and other income			10		(18)		(1)		(9)
Total gross revenues			1,877		138		(1)		2,014
Less:
	Depreciation on operating leases		829		-		-		829
	Interest expense		150		-		(1)		149
	Provision for credit losses		11		-		-		11
	Operating and administrative expenses		175		37		-		212
	Insurance losses and loss adjustment expenses		-		83		-		83
	Provision for income taxes		274		5		-		279
Net income		$	438	$	13	$	-	$	451
Six Months Ended September 30, 2011
Total financing revenues		$	3,783	$	-	$	7	$	3,790
Insurance earned premiums and contract revenues			-		310		(7)		303
Investment and other income			22		12		(3)		31
Total gross revenues			3,805		322		(3)		4,124
Less:
	Depreciation on operating leases		1,654		-		-		1,654
	Interest expense		609		-		(3)		606
	Provision for credit losses		(192)		-		-		(192)
	Operating and administrative expenses		333		76		-		409
	Insurance losses and loss adjustment expenses		-		169		-		169
	Provision for income taxes		536		26		-		562
Net income		$	865	$	51	$	-	$	916
Total assets at September 30, 2011		$	85,998	$	3,165	$	(491)	$	88,672

Note 16 – Segment Information (Continued)
Financial information for our reportable operating segments for the periods ended or at September 30,
2010 is summarized as follows (dollars in millions):
		Finance		Insurance		Intercompany
Fiscal 2011:		operations		operations		eliminations		Total
Three Months Ended September 30, 2010
Total financing revenues		$	2,027	$	-	$	5	$	2,032
Insurance earned premiums and contract revenues			-		137		(5)		132
Investment and other income			14		42		(2)		54
Total gross revenues			2,041		179		(2)		2,218
Less:
	Depreciation on operating leases		824		-		-		824
	Interest expense		595		-		(2)		593
	Provision for credit losses		(14)		-		-		(14)
	Operating and administrative expenses		286		37		-		323
	Insurance losses and loss adjustment expenses		-		58		-		58
	Provision for income taxes		134		31		-		165
Net income		$	216	$	53	$	-	$	269
Six Months Ended September 30, 2010
Total financing revenues		$	4,045	$	-	$	11	$	4,056
Insurance earned premiums and contract revenues			-		266		(11)		255
Investment and other income			24		69		(4)		89
Total gross revenues			4,069		335		(4)		4,400
Less:
	Depreciation on operating leases		1,635		-		-		1,635
	Interest expense		1,088		-		(4)		1,084
	Provision for credit losses		(303)		-		-		(303)
	Operating and administrative expenses		431		76		-		507
	Insurance losses and loss adjustment expenses		-		116		-		116
	Provision for income taxes		469		53		-		522
Net income		$	749	$	90	$	-	$	839
Total assets at September 30, 2010		$	83,332	$	3,035	$	(419)	$	85,948