Segment Information

3 Months Ended

Jun. 30, 2012

Segment Information [Abstract]

Segment Information

Note 15 – Segment Information
Financial information for our reportable operating segments for the periods ended or at June 30, 2012
and June 30, 2011 is summarized as follows (dollars in millions):
		Finance		Insurance		Intercompany
Fiscal 2012:		operations		operations		eliminations		Total
Three Months Ended June 30, 2012
Total financing revenues		$	1,791	$	-	$	6	$	1,797
Insurance earned premiums and contract revenues			-		156		(6)		150
Investment and other income, net			10		25		-		35
Total gross revenues			1,801		181		-		1,982
Less:
	Depreciation on operating leases		855		-		-		855
	Interest expense		58		-		-		58
	Provision for credit losses		16		-		-		16
	Operating and administrative expenses		173		43		-		216
	Insurance losses and loss adjustment expenses		-		81		-		81
	Provision for income taxes		257		22		-		279
Net income		$	442	$	35	$	-	$	477
Total assets at June 30, 2012		$	88,739	$	3,343	$	(388)	$	91,694
Three Months Ended June 30, 2011
Total financing revenues		$	1,916	$	-	$	4	$	1,920
Insurance earned premiums and contract revenues			-		154		(4)		150
Investment and other income, net			12		30		(2)		40
Total gross revenues			1,928		184		(2)		2,110
Less:
	Depreciation on operating leases		825		-		-		825
	Interest expense		459		-		(2)		457
	Provision for credit losses		(203)		-		-		(203)
	Operating and administrative expenses		158		39		-		197
	Insurance losses and loss adjustment expenses		-		86		-		86
	Provision for income taxes		262		21		-		283
Net income		$	427	$	38	$	-	$	465
Total assets at June 30, 2011		$	87,459	$	3,108	$	(449)	$	90,118