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Consolidated Statement of Income (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Financing revenues:        
Operating lease $ 1,255 $ 1,187 $ 2,464 $ 2,344
Retail 483 525 961 1,057
Dealer 107 110 215 218
Total financing revenues 1,845 1,822 3,640 3,619
Depreciation on operating leases 966 891 1,917 1,746
Interest expense 314 283 850 341
Net financing revenues 565 648 873 1,532
Insurance earned premiums and contract revenues 143 145 282 295
Investment and other income, net 14 38 20 73
Net financing revenues and other revenues 722 831 1,175 1,900
Expenses:        
Provision for credit losses 28 3 39 19
Operating and administrative 233 229 460 445
Insurance losses and loss adjustment expenses 68 73 139 154
Total expenses 329 305 638 618
Income before income taxes 393 526 537 1,282
Provision for income taxes 149 200 202 479
Net income $ 244 $ 326 $ 335 $ 803