Finance Receivables, Net (Tables)

3 Months Ended

Jun. 30, 2012

Finance Receivables, Net [Abstract]

Net Financing Receivables

(Dollars in millions)			June 30, 2012		March 31, 2012
Retail receivables			$	36,098	$	35,020
Pledged retail receivables				10,286		10,726
Dealer financing				14,091		12,865
				60,475		58,611
Deferred origination (fees) and costs, net				639		639
Unearned income				(699)		(684)
Allowance for credit losses
	Retail and pledged retail receivables			(362)		(405)
	Dealer financing			(153)		(119)
		Total allowance for credit losses		(515)		(524)
Finance receivables, net			$	59,900	$	58,042

Finance Receivable Credit Quality Indicators

		Retail Loan				Commercial
(Dollars in millions)		June 30, 2012		March 31, 2012		June 30, 2012		March 31, 2012
Aging of finance receivables:
	Current	$	45,401	$	44,842	$	347	$	352
	30-59 days past due		479		433		10		8
	60-89 days past due		110		80		2		2
	90 days past due		34		28		1		1
Total		$	46,024	$	45,383	$	360	$	363
		Wholesale				Real Estate				Working Capital
(Dollars in millions)		June 30, 2012		March 31, 2012		June 30, 2012		March 31, 2012		June 30, 2012		March 31, 2012
Credit quality indicators:
	Performing	$	7,005	$	6,249	$	3,658	$	3,746	$	1,532	$	1,422
	Credit Watch		906		675		591		467		87		61
	At Risk		108		78		155		148		32		8
	Default		9		6		1		-		7		5
Total		$	8,028	$	7,008	$	4,405	$	4,361	$	1,658	$	1,496

Summary of Investment in Impaired Loans by Class of Finance Receivable

Note 4 – Finance Receivables, Net (Continued)
Impaired Finance Receivables
The following table summarizes the information related to our impaired loans by class of finance receivables as of June 30, 2012 and March 31, 2012:
	Impaired								Individually Evaluated
	Finance Receivables				Unpaid Principal Balance				Allowance
	June 30,		March 31,		June 30,		March 31,		June 30,		March 31,
(Dollars in millions)	2012		2012		2012		2012		2012		2012
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	25	$	7	$	25	$	7	$	5	$	1
Real estate		137		136		137		136		41		37
Working capital		30		7		30		7		29		7
Total	$	192	$	150	$	192	$	150	$	75	$	45
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	65	$	60	$	65	$	60
Real estate		-		-		-		-
Working capital		1		1		1		1
Total	$	66	$	61	$	66	$	61
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	476	$	502	$	471	$	496
Commercial		1		1		1		1
Total	$	477	$	503	$	472	$	497
Total impaired account balances:
Retail loan	$	476	$	502	$	471	$	496
Commercial		1		1		1		1
Wholesale		90		67		90		67
Real estate		137		136		137		136
Working capital		31		8		31		8
Total	$	735	$	714	$	730	$	708

		Average Impaired Finance Receivables				Interest Income Recognized
		Three Months Ended June 30,				Three Months Ended June 30,
(Dollars in millions)		2012		2011		2012		2011
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	23	$	10	$	-	$	-
Real estate		137		137		1		1
Working capital		31		14		-		-
Total	$	191		161		1	$	1
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	60	$	42	$	-	$	1
Real estate		-		-		-		-
Working capital		1		1		-		-
Total	$	61	$	43	$	-	$	1
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	489	$	577	$	10	$	12
Commercial		1		3		-		-
Total	$	490	$	580	$	10	$	12
Total impaired account balances:
Retail loan	$	489	$	577	$	10	$	12
Commercial		1		3		-		-
Wholesale		83		52		-		1
Real estate		137		137		1		1
Working capital		32		15		-		-
Total	$	742	$	784	$	11	$	14