Liquidity Facilities and Letters of Credit (Disclosure)	9 Months Ended
Dec. 31, 2011
Line Of Credit Facility Abstract
Liquidity Facilities And Letters Of Credit Disclosure Text Block	Note 12 – Liquidity Facilities and Letters of Credit For additional liquidity purposes, we maintain syndicated bank credit facilities with certain banks. 364 Day Credit Agreement, Three Year Credit Agreement and Five Year Credit Agreement In March 2011, TMCC, its subsidiary Toyota Credit de Puerto Rico Corp. (“TCPR”), and other Toyota affiliates entered into a $5.0 billion 364 day syndicated bank credit facility pursuant to a 364 Day Credit Agreement, a $5.0 billion three year syndicated bank credit facility pursuant to a Three Year Credit Agreement, and a $3.0 billion five year syndicated bank credit facility pursuant to a Five Year Credit Agreement. The ability to make draws is subject to covenants and conditions customary in transactions of this nature, including negative pledge provisions, cross-default provisions and limitations on consolidations, mergers and sales of assets. These agreements may be used for general corporate purposes and none were drawn upon as of December 31, 2011 and March 31, 2011. Committed Revolving Asset-backed Commercial Paper Facility In January 2012, we renewed a 364 day revolving securitization facility with certain bank-sponsored asset-backed commercial paper conduits and other financial institutions (“funding agents”). Under the terms of this facility, the funding agents are contractually committed, at our option, to purchase eligible retail finance receivables from us and make advances up to a facility limit of $3.0 billion. At December 31, 2011, prior to the renewal, the facility limit was $4.0 billion. This revolving facility allows us to obtain term funding up to the renewal date. Any portion of the facility that is not renewed is repaid as the underlying assets amortize. As of December 31, 2011, approximately $2.8 billion of this facility was utilized, including $378 million obtained during the first nine months of fiscal 2012. We may obtain additional funding as we pay down the outstanding debt in conjunction with the amortization of transferred receivables, subject to having a sufficient amount of eligible receivables. Other Credit Agreements TMCC has additional bank credit facilities. As of December 31, 2011, TMCC has committed bank credit facilities of $1 billion that mature in fiscal 2013 and $650 million that mature in fiscal 2014. An uncommitted bank credit facility in the amount of $500 million matures in fiscal 2013. These agreements contain covenants and conditions customary in transactions of this nature, including negative pledge provisions, cross-default provisions and limitations on consolidations, mergers and sales of assets. These credit facilities were not drawn upon as of December 31, 2011 and March 31, 2011. We are in compliance with the covenants and conditions of the credit agreements described above.

Liquidity Facilities and Letters of Credit (Disclosure)

9 Months Ended

Dec. 31, 2011

Liquidity Facilities And Letters Of Credit Disclosure Text Block

Note 12 – Liquidity Facilities and Letters of Credit

For additional liquidity purposes, we maintain syndicated bank credit facilities with certain banks.

364 Day Credit Agreement, Three Year Credit Agreement and Five Year Credit Agreement

In March 2011, TMCC, its subsidiary Toyota Credit de Puerto Rico Corp. (“TCPR”), and other Toyota affiliates entered into a $5.0 billion 364 day syndicated bank credit facility pursuant to a 364 Day Credit Agreement, a $5.0 billion three year syndicated bank credit facility pursuant to a Three Year Credit Agreement, and a $3.0 billion five year syndicated bank credit facility pursuant to a Five Year Credit Agreement. The ability to make draws is subject to covenants and conditions customary in transactions of this nature, including negative pledge provisions, cross-default provisions and limitations on consolidations, mergers and sales of assets. These agreements may be used for general corporate purposes and none were drawn upon as of December 31, 2011 and March 31, 2011.

Committed Revolving Asset-backed Commercial Paper Facility

In January 2012, we renewed a 364 day revolving securitization facility with certain bank-sponsored asset-backed commercial paper conduits and other financial institutions (“funding agents”). Under the terms of this facility, the funding agents are contractually committed, at our option, to purchase eligible retail finance receivables from us and make advances up to a facility limit of $3.0 billion. At December 31, 2011, prior to the renewal, the facility limit was $4.0 billion. This revolving facility allows us to obtain term funding up to the renewal date. Any portion of the facility that is not renewed is repaid as the underlying assets amortize. As of December 31, 2011, approximately $2.8 billion of this facility was utilized, including $378 million obtained during the first nine months of fiscal 2012. We may obtain additional funding as we pay down the outstanding debt in conjunction with the amortization of transferred receivables, subject to having a sufficient amount of eligible receivables.

Other Credit Agreements

TMCC has additional bank credit facilities. As of December 31, 2011, TMCC has committed bank credit facilities of $1 billion that mature in fiscal 2013 and $650 million that mature in fiscal 2014. An uncommitted bank credit facility in the amount of $500 million matures in fiscal 2013. These agreements contain covenants and conditions customary in transactions of this nature, including negative pledge provisions, cross-default provisions and limitations on consolidations, mergers and sales of assets. These credit facilities were not drawn upon as of December 31, 2011 and March 31, 2011.

We are in compliance with the covenants and conditions of the credit agreements described above.