Allowance for Credit Losses (Tables)

3 Months Ended

Sep. 30, 2012

Allowance for Credit Losses [Abstract]

Allowance for Credit Losses on Finance Receivables and Investments in Operating Leases

	Three Months Ended				Six Months Ended
	September 30,				September 30,
(Dollars in millions)		2012		2011		2012		2011
Allowance for credit losses at beginning of period	$	606	$	667	$	619	$	879
Provision for credit losses		3		11		19		(192)
Charge-offs, net of recoveries		(60)		(55)		(89)		(64)
Allowance for credit losses at end of period	$	549	$	623	$	549	$	623

Allowance for Credit Losses and Finance Receivables by Portfolio Segment

(Dollars in millions)	Retail Loan		Commercial		Dealer Products		Total
Allowance for Credit Losses for Finance Receivables:
Beginning balance, July 1, 2012	$	356	$	6	$	153	$	515
Charge-offs		(65)		-		-		(65)
Recoveries		15		-		-		15
Provisions		27		(1)		(31)		(5)
Ending balance, September 30, 2012	$	333	$	5	$	122	$	460
Beginning balance, April 1, 2012	$	395	$	10	$	119	$	524
Charge-offs		(109)		(1)		-	$	(110)
Recoveries		33		-		-		33
Provisions		14		(4)		3		13
Ending balance, September 30, 2012	$	333	$	5	$	122	$	460
Ending balance: Individually evaluated for impairment	$	-	$	-	$	45	$	45
Ending balance: Collectively evaluated for impairment	$	333	$	5	$	77	$	415
Gross Finance Receivables:
Ending balance, September 30, 2012	$	47,355	$	361	$	13,956	$	61,672
Ending balance: Individually evaluated for impairment	$	-	$	-	$	258	$	258
Ending balance: Collectively evaluated for impairment	$	47,355	$	361	$	13,698	$	61,414

(Dollars in millions)	Retail Loan		Commercial		Dealer Products		Total
Allowance for Credit Losses for Finance Receivables:
Beginning balance, July 1, 2011	$	380	$	13	$	135	$	528
Charge-offs		(67)		(1)		-		(68)
Recoveries		19		1		-		20
Provisions		43		(2)		(11)		30
Ending balance, September 30, 2011	$	375	$	11	$	124	$	510
Beginning balance, April 1, 2011	$	595	$	18	$	141	$	754
Charge-offs		(120)		(1)		-	$	(121)
Recoveries		63		2		-		65
Provisions		(163)		(8)		(17)		(188)
Ending balance, September 30, 2011	$	375	$	11	$	124	$	510
Ending balance: Individually evaluated for
impairment	$	-	$	-	$	52	$	52
Ending balance: Collectively evaluated for
impairment	$	375	$	11	$	72	$	458
Gross Finance Receivables:
Ending balance, September 30, 2011	$	45,925	$	389	$	9,889	$	56,203
Ending balance: Individually evaluated for
impairment	$	-	$	-	$	187	$	187
Ending balance: Collectively evaluated for
impairment	$	45,925	$	389	$	9,702	$	56,016

Past Due Finance Receivables and Investments in Operating Leases

(Dollars in millions)		September 30, 2012			March 31, 2012
Aggregate balances 60 or more days past due
	Finance receivables		$	158		$	111
	Operating leases			38			31
Total			$	196		$	142

Past Due Finance Receivables by Class

(Dollars in millions)	30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days Past Due		Total Past Due		Current		Total Finance Receivables		Carrying Amount 90 Days Past Due and Accruing
As of September 30, 2012
Retail loan	$	550	$	113	$	44	$	707	$	46,648	$	47,355	$	44
Commercial		10		1		-		11		350		361		-
Wholesale		-		-		-		-		7,879		7,879		-
Real estate		-		-		-		-		4,402		4,402		-
Working capital		-		-		-		-		1,675		1,675		-
Total	$	560	$	114	$	44	$	718	$	60,954	$	61,672	$	44
(Dollars in millions)	30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days Past Due		Total Past Due		Current		Total Finance Receivables		Carrying Amount 90 Days Past due and Accruing
As of March 31, 2012
Retail loan	$	433	$	80	$	28	$	541	$	44,842	$	45,383	$	28
Commercial		8		2		1		11		352		363		1
Wholesale		-		-		-		-		7,008		7,008		-
Real estate		-		-		-		-		4,361		4,361		-
Working capital		1		-		-		1		1,495		1,496		-
Total	$	442	$	82	$	29	$	553	$	58,058	$	58,611	$	29