Investments in Operating Leases, Net (Disclosure)

9 Months Ended

Dec. 31, 2011

Operating Leases Of Lessor Disclosure Text Block

Note 6 – Investments in Operating Leases, Net

Investments in operating leases, net consisted of the following:

(Dollars in millions)	December 31, 2011		March 31, 2011
Vehicles	$	23,811	$	24,790
Equipment and other		876		842
		24,687		25,632
Deferred origination fees		(139)		(167)
Deferred income		(631)		(764)
Accumulated depreciation		(5,262)		(5,535)
Allowance for credit losses		(112)		(125)
Investments in operating leases, net	$	18,543	$	19,041

- Definition

The entire disclosure for operating leases of a lessor. This may inlcude a general description of lessor's leasing arrangements for operating leases, including the basis on which contingent rental payments are determined, the existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions.

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