Finance Receivables, Net (Tables)

3 Months Ended

Sep. 30, 2013

Finance Receivables, Net [Abstract]

Net Financing Receivables

(Dollars in millions)			September 30, 2013		March 31, 2013
Retail receivables			$	41,665	$	40,508
Pledged retail receivables				8,321		7,669
Dealer financing				14,857		14,995
				64,843		63,172
Deferred origination (fees) and costs, net				647		634
Deferred income				(882)		(794)
Allowance for credit losses
	Retail and pledged retail receivables			(294)		(338)
	Dealer financing			(102)		(107)
		Total allowance for credit losses		(396)		(445)
Finance receivables, net			$	64,212	$	62,567

Finance Receivable Credit Quality Indicators

		Retail Loan				Commercial
(Dollars in millions)		September 30, 2013		March 31, 2013		September 30, 2013		March 31, 2013
Aging of finance receivables:
	Current	$	48,916	$	47,236	$	388	$	362
	30-59 days past due		526		454		6		6
	60-89 days past due		113		87		1		1
	90 days past due		36		31		-		-
Total		$	49,591	$	47,808	$	395	$	369
		Wholesale				Real Estate				Working Capital
(Dollars in millions)		September 30, 2013		March 31, 20131		September 30, 2013		March 31, 2013		September 30, 2013		March 31, 2013
Credit quality indicators:
	Performing	$	7,863	$	7,740	$	4,071	$	3,968	$	1,598	$	1,616
	Credit Watch		659		915		485		583		90		80
	At Risk		34		33		23		28		27		28
	Default		1		1		-		1		6		2
Total		$	8,557	$	8,689	$	4,579	$	4,580	$	1,721	$	1,726
1 Certain prior period amounts have been reclassified to conform to the current period presentation.

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 September 30, 2013 and March 31, 2013:
	Impaired								Individually Evaluated
	Finance Receivables				Unpaid Principal Balance				Allowance
	September 30,		March 31,		September 30,		March 31,		September 30,		March 31,
(Dollars in millions)	2013		2013		2013		2013		2013		2013
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	13	$	16	$	13	$	16	$	1	$	3
Real estate		34		33		34		33		9		7
Working capital		24		24		24		24		23		23
Total	$	71	$	73	$	71	$	73	$	33	$	33
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	52	$	66	$	52	$	66
Real estate		92		97		92		97
Working capital		5		5		5		5
Total	$	149	$	168	$	149	$	168
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	366	$	415	$	362	$	410
Commercial		1		1		1		1
Total	$	367	$	416	$	363	$	411
Total impaired account balances:
Retail loan	$	366	$	415	$	362	$	410
Commercial		1		1		1		1
Wholesale		65		82		65		82
Real estate		126		130		126		130
Working capital		29		29		29		29
Total	$	587	$	657	$	583	$	652

	Average Impaired Finance Receivables								Interest Income Recognized
	Three Months Ended September 30,				Six Months Ended September 30,				Three Months Ended September 30,				Six Months Ended September 30,
(Dollars in millions)	2013		2012		2013		2012		2013		2012		2013		2012
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	18	$	30	$	17	$	22	$	-	$	-	$	-	$	-
Real estate		36		86		35		103		1		-		1		1
Working capital		24		30		24		23		-		1		1		1
Total	$	78	$	146	$	76	$	148	$	1	$	1	$	2	$	2
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	53	$	61	$	58	$	61	$	-	$	1	$	-	$	1
Real estate		93		50		94		33		1		2		2		2
Working capital		5		1		5		1		-		-		-		-
Total	$	151	$	112	$	157	$	95	$	1	$	3	$	2	$	3
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	378	$	473	$	390	$	483	$	7	$	9	$	15	$	19
Commercial		1		1		1		1		-		-		-		-
Total	$	379	$	474	$	391	$	484	$	7	$	9	$	15	$	19
Total impaired account balances:
Retail loan	$	378	$	473	$	390	$	483	$	7	$	9	$	15	$	19
Commercial		1		1		1		1		-		-		-		-
Wholesale		71		91		75		83		-		1		-		1
Real estate		129		136		129		136		2		2		3		3
Working capital		29		31		29		24		-		1		1		1
Total	$	608	$	732	$	624	$	727	$	9	$	13	$	19	$	24