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Consolidated Statement of Income (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Financing revenues:        
Operating lease $ 1,497 $ 1,255 $ 2,900 $ 2,464
Retail 461 483 917 961
Dealer 99 107 200 215
Total financing revenues 2,057 1,845 4,017 3,640
Depreciation on operating leases 1,196 966 2,296 1,917
Interest expense 215 314 345 850
Net financing revenues 646 565 1,376 873
Insurance earned premiums and contract revenues 160 143 313 282
Investment and other income, net 60 14 95 20
Net financing revenues and other revenues 866 722 1,784 1,175
Expenses:        
Provision for credit losses 79 28 117 39
Operating and administrative 253 233 486 460
Insurance losses and loss adjustment expenses 67 68 137 139
Total expenses 399 329 740 638
Income before income taxes 467 393 1,044 537
Provision for income taxes 176 149 389 202
Net income $ 291 $ 244 $ 655 $ 335