Allowance for Credit Losses (Tables)

3 Months Ended

Jun. 30, 2013

Allowance for Credit Losses [Abstract]

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

	Three Months Ended
	June 30,
(Dollars in millions)		2013		2012
Allowance for credit losses at beginning of period	$	527	$	619
Provision for credit losses		11		16
Charge-offs, net of recoveries		(37)		(29)
Allowance for credit losses at end of period	$	501	$	606

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, April 1, 2013	$	333	$	5	$	107	$	445
Charge-offs		(49)		(1)		-		(50)
Recoveries		19		-		-		19
Provisions		6		(1)		5		10
Ending balance, June 30, 2013	$	309	$	3	$	112	$	424
Ending balance: Individually evaluated for impairment	$	-	$	-	$	35	$	35
Ending balance: Collectively evaluated for impairment	$	309	$	3	$	77	$	389
Gross Finance Receivables:
Ending balance, June 30, 2013	$	48,347	$	379	$	15,793	$	64,519
Ending balance: Individually evaluated for impairment	$	-	$	-	$	240	$	240
Ending balance: Collectively evaluated for impairment	$	48,347	$	379	$	15,553	$	64,279

(Dollars in millions)	Retail Loan		Commercial		Dealer Products		Total
Allowance for Credit Losses for Finance Receivables:
Beginning balance, April 1, 2012	$	395	$	10	$	119	$	524
Charge-offs		(44)		(1)		-		(45)
Recoveries		18		-		-		18
Provisions		(13)		(3)		34		18
Ending balance, June 30, 2012	$	356	$	6	$	153	$	515
Ending balance: Individually evaluated for impairment	$	-	$	-	$	75	$	75
Ending balance: Collectively evaluated for impairment	$	356	$	6	$	78	$	440
Gross Finance Receivables:
Ending balance, June 30, 2012	$	46,024	$	360	$	14,091	$	60,475
Ending balance: Individually evaluated for impairment	$	-	$	-	$	258	$	258
Ending balance: Collectively evaluated for impairment	$	46,024	$	360	$	13,833	$	60,217

Past Due Finance Receivables and Investments in Operating Leases

(Dollars in millions)		June 30, 2013			March 31, 2013
Aggregate balances 60 or more days past due
	Finance receivables		$	144		$	119
	Operating leases			37			36
Total			$	181		$	155

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 June 30, 2013
Retail loan	$	492	$	111	$	32	$	635	$	47,712	$	48,347	$	32
Commercial		6		1		-		7		372		379		-
Wholesale		-		-		-		-		9,451		9,451		-
Real estate		1		-		-		1		4,583		4,584		-
Working capital		-		-		-		-		1,758		1,758		-
Total	$	499	$	112	$	32	$	643	$	63,876	$	64,519	$	32
(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, 2013
Retail loan	$	454	$	87	$	31	$	572	$	47,236	$	47,808	$	31
Commercial		6		1		-		7		362		369		-
Wholesale		-		-		-		-		8,689		8,689		-
Real estate		-		-		-		-		4,580		4,580		-
Working capital		-		-		-		-		1,726		1,726		-
Total	$	460	$	88	$	31	$	579	$	62,593	$	63,172	$	31