Allowance for Credit Losses (Tables)

3 Months Ended

Dec. 31, 2014

Allowance for Credit Losses [Abstract]

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

	Three Months Ended				Nine Months Ended
	December 31,				December 31,
(Dollars in millions)		2014		2013		2014		2013
Allowance for credit losses at beginning of period	$	445	$	467	$	454	$	527
Provision for credit losses		103		63		220		102
Charge-offs, net of recoveries		(98)		(74)		(224)		(173)
Allowance for credit losses at end of period	$	450	$	456	$	450	$	456

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, October 1, 2014	$	299	$	1	$	81	$	381
Charge-offs		(89)		-		(1)		(90)
Recoveries		14		1		1		16
Provisions		72		-		(2)		70
Ending balance, December 31, 2014	$	296	$	2	$	79	$	377
Beginning balance, April 1, 2014	$	296	$	2	$	88	$	386
Charge-offs		(217)		(1)		(1)	$	(219)
Recoveries		45		1		1		47
Provisions		172		-		(9)		163
Ending balance, December 31, 2014	$	296	$	2	$	79	$	377
Ending balance: Individually evaluated for impairment	$	-	$	-	$	28	$	28
Ending balance: Collectively evaluated for impairment	$	296	$	2	$	51	$	349
Gross Finance Receivables:
Ending balance, December 31, 2014	$	50,637	$	503	$	16,060	$	67,200
Ending balance: Individually evaluated for impairment	$	-	$	-	$	209	$	209
Ending balance: Collectively evaluated for impairment	$	50,637	$	503	$	15,851	$	66,991

(Dollars in millions)	Retail Loan		Commercial		Dealer Products		Total
Allowance for Credit Losses for Finance Receivables:
Beginning balance, October 1, 2013	$	290	$	4	$	102	$	396
Charge-offs		(74)		-		-		(74)
Recoveries		14		-		-		14
Provisions		59		(2)		(6)		51
Ending balance, December 31, 2013	$	289	$	2	$	96	$	387
Beginning balance, April 1, 2013	$	333	$	5	$	107	$	445
Charge-offs		(190)		(1)		-		(191)
Recoveries		49		-		-		49
Provisions		97		(2)		(11)		84
Ending balance, December 31, 2013	$	289	$	2	$	96	$	387
Ending balance: Individually evaluated for
impairment	$	-	$	-	$	30	$	30
Ending balance: Collectively evaluated for
impairment	$	289	$	2	$	66	$	357
Gross Finance Receivables:
Ending balance, December 31, 2013	$	49,719	$	422	$	16,590	$	66,731
Ending balance: Individually evaluated for
impairment	$	-	$	-	$	232	$	232
Ending balance: Collectively evaluated for
impairment	$	49,719	$	422	$	16,358	$	66,499

Past Due Finance Receivables and Investments in Operating Leases

(Dollars in millions)		December 31, 2014			March 31, 2014
Aggregate balances 60 or more days past due
	Finance receivables		$	191		$	125
	Investments in operating leases			67			36
Total			$	258		$	161

Past Due Finance Receivables by Class

(Dollars in millions)	30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total Finance Receivables
As of December 31, 2014
Retail loan	$	668	$	144	$	46	$	858	$	49,779	$	50,637
Commercial		8		1		-		9		494		503
Wholesale		-		-		-		-		9,481		9,481
Real estate		-		-		-		-		4,696		4,696
Working capital		-		-		-		-		1,883		1,883
Total	$	676	$	145	$	46	$	867	$	66,333	$	67,200
(Dollars in millions)	30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total Finance Receivables
As of March 31, 2014
Retail loan	$	459	$	90	$	33	$	582	$	48,828	$	49,410
Commercial		6		1		-		7		432		439
Wholesale		-		-		-		-		9,436		9,436
Real estate		4		1		-		5		4,653		4,658
Working capital		-		-		-		-		1,831		1,831
Total	$	469	$	92	$	33	$	594	$	65,180	$	65,774