Finance Receivables, Net (Tables)

3 Months Ended

Sep. 30, 2014

Finance Receivables, Net [Abstract]

Net Financing Receivables

(Dollars in millions)			September 30, 2014		March 31, 2014
Retail receivables			$	42,056	$	40,216
Securitized retail receivables				9,151		9,633
Dealer financing				14,953		15,925
				66,160		65,774
Deferred origination (fees) and costs, net				648		651
Deferred income				(943)		(863)
Allowance for credit losses
	Retail and securitized retail receivables			(300)		(298)
	Dealer financing			(81)		(88)
		Total allowance for credit losses		(381)		(386)
Finance receivables, net			$	65,484	$	65,176

Finance Receivable Credit Quality Indicators

		Retail Loan				Commercial
(Dollars in millions)		September 30, 2014		March 31, 2014		September 30, 2014		March 31, 2014
Aging of finance receivables:
	Current	$	49,993	$	48,828	$	473	$	432
	30-59 days past due		563		459		7		6
	60-89 days past due		125		90		1		1
	90 days or greater past due		45		33		-		-
Total		$	50,726	$	49,410	$	481	$	439
		Wholesale				Real Estate				Working Capital
(Dollars in millions)		September 30, 2014		March 31, 2014		September 30, 2014		March 31, 2014		September 30, 2014		March 31, 2014
Credit quality indicators:
	Performing	$	7,188	$	8,129	$	3,774	$	3,791	$	1,834	$	1,642
	Credit Watch		1,102		1,282		852		855		146		158
	At Risk		19		24		11		12		23		25
	Default		-		1		4		-		-		6
Total		$	8,309	$	9,436	$	4,641	$	4,658	$	2,003	$	1,831

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, 2014 and March 31, 2014:
	Impaired								Individually Evaluated
	Finance Receivables				Unpaid Principal Balance				Allowance
	September 30,		March 31,		September 30,		March 31,		September 30,		March 31,
(Dollars in millions)	2014		2014		2014		2014		2014		2014
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	18	$	13	$	18	$	13	$	1	$	1
Real estate		14		27		14		27		4		8
Working capital		23		23		23		23		21		22
Total	$	55	$	63	$	55	$	63	$	26	$	31
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	53	$	51	$	53	$	51
Real estate		95		90		95		90
Working capital		3		4		3		4
Total	$	151	$	145	$	151	$	145
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	292	$	322	$	288	$	318
Commercial		1		1		1		1
Total	$	293	$	323	$	289	$	319
Total impaired account balances:
Retail loan	$	292	$	322	$	288	$	318
Commercial		1		1		1		1
Wholesale		71		64		71		64
Real estate		109		117		109		117
Working capital		26		27		26		27
Total	$	499	$	531	$	495	$	527

	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)	2014		2013		2014		2013		2014		2013		2014		2013
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	20	$	18	$	17	$	17	$	-	$	-	$	-	$	-
Real estate		20		36		23		35		-		1		-		1
Working capital		23		24		23		24		1		-		1		1
Total	$	63	$	78	$	63	$	76	$	1	$	1	$	1	$	2
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	51	$	53	$	51	$	58	$	-	$	-	$	-	$	-
Real estate		96		93		94		94		1		1		2		2
Working capital		3		5		3		5		-		-		-		-
Total	$	150	$	151	$	148	$	157	$	1	$	1	$	2	$	2
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	302	$	378	$	309	$	390	$	6	$	7	$	12	$	15
Commercial		1		1		1		1		-		-		-		-
Total	$	303	$	379	$	310	$	391	$	6	$	7	$	12	$	15
Total impaired account balances:
Retail loan	$	302	$	378	$	309	$	390	$	6	$	7	$	12	$	15
Commercial		1		1		1		1		-		-		-		-
Wholesale		71		71		68		75		-		-		-		-
Real estate		116		129		117		129		1		2		2		3
Working capital		26		29		26		29		1		-		1		1
Total	$	516	$	608	$	521	$	624	$	8	$	9	$	15	$	19