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Consolidated Statement of Income (USD $)
In Millions, unless otherwise specified
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Financing revenues:    
Operating lease $ 1,157 $ 1,204
Retail 532 626
Dealer 108 90
Total financing revenues 1,797 1,920
Depreciation on operating leases 855 825
Interest expense 58 457
Net financing revenues 884 638
Insurance earned premiums and contract revenues 150 150
Investment and other income, net 35 40
Net financing revenues and other revenues 1,069 828
Expenses:    
Provision for credit losses 16 (203)
Operating and administrative 216 197
Insurance losses and loss adjustment expenses 81 86
Total expenses 313 80
Income before income taxes 756 748
Provision for income taxes 279 283
Net income $ 477 $ 465