Finance Receivables, Net (Tables)

6 Months Ended

Sep. 30, 2022

Receivables [Abstract]

Net Financing Receivables

Finance receivables, net consisted of the following:

	September 30,			March 31,
	2022			2022
Retail receivables 1	$	76,918		$	73,152
Dealer financing		11,065			10,298
		87,983			83,450
Deferred origination costs		1,358			1,330
Deferred income		(1,085	)		(1,102	)
Allowance for credit losses
Retail receivables		(1,321	)		(1,195	)
Dealer financing		(45	)		(51	)
Total allowance for credit losses		(1,366	)		(1,246	)
Finance receivables, net	$	86,890		$	82,432

1 Includes securitized retail receivables of $24.7 billion and $21.2 billion as of September 30, 2022 and March 31, 2022, respectively.

Schedule of Amortized Cost Basis of Retail Loan Portfolio and Dealer Products Portfolio by Credit Quality Indicator

The following tables present the amortized cost basis of our retail loan portfolio by origination fiscal year by credit quality indicator based on number of days past due:

	Amortized Cost Basis by Origination Fiscal Year at September 30, 2022
	2023		2022		2021		2020		2019		2018 and Prior		Total
Aging of finance receivables:
Current	$	18,374	$	27,031	$	17,651	$	7,349	$	3,326	$	1,834	$	75,565
30-59 days past due		103		406		317		142		84		69		1,121
60-89 days past due		27		124		95		42		26		21		335
90 days or greater past due		12		67		46		19		12		14		170
Total	$	18,516	$	27,628	$	18,109	$	7,552	$	3,448	$	1,938	$	77,191

	Amortized Cost Basis by Origination Fiscal Year at March 31, 2022
	2022		2021		2020		2019		2018		2017 and Prior		Total
Aging of finance receivables:
Current	$	32,382	$	21,917	$	9,624	$	4,774	$	2,674	$	718	$	72,089
30-59 days past due		275		304		153		101		63		36		932
60-89 days past due		68		82		40		25		16		11		242
90 days or greater past due		33		39		17		13		8		7		117
Total	$	32,758	$	22,342	$	9,834	$	4,913	$	2,761	$	772	$	73,380

The following tables present the amortized cost basis of our dealer products portfolio by credit quality indicator based on internal risk assessments by origination fiscal year:

	Amortized Cost Basis by Origination Fiscal Year at September 30, 2022
	2023		2022		2021		2020		2019		2018 and Prior		Revolving loans		Total
Wholesale
Performing	$	-	$	-	$	-	$	-	$	-	$	-	$	3,444	$	3,444
Credit Watch		-		-		-		-		-		-		16		16
At Risk		-		-		-		-		-		-		-		-
Default		-		-		-		-		-		-		-		-
Wholesale total	$	-	$	-	$	-	$	-	$	-	$	-	$	3,460	$	3,460
Real estate
Performing	$	558	$	1,424	$	1,149	$	158	$	335	$	1,140	$	138	$	4,902
Credit Watch		5		-		-		-		-		-		-		5
At Risk		-		-		-		-		-		-		-		-
Default		-		-		-		-		-		-		-		-
Real estate total	$	563	$	1,424	$	1,149	$	158	$	335	$	1,140	$	138	$	4,907
Working Capital
Performing	$	279	$	520	$	283	$	155	$	131	$	136	$	1,194	$	2,698
Credit Watch		-		-		-		-		-		-		-		-
At Risk		-		-		-		-		-		-		-		-
Default		-		-		-		-		-		-		-		-
Working capital total	$	279	$	520	$	283	$	155	$	131	$	136	$	1,194	$	2,698
Total	$	842	$	1,944	$	1,432	$	313	$	466	$	1,276	$	4,792	$	11,065

	Amortized Cost Basis by Origination Fiscal Year at March 31, 2022
	2022		2021		2020		2019		2018		2017 and Prior		Revolving loans		Total
Wholesale
Performing	$	-	$	-	$	-	$	-	$	-	$	-	$	2,927	$	2,927
Credit Watch		-		-		-		-		-		-		16		16
At Risk		-		-		-		-		-		-		-		-
Default		-		-		-		-		-		-		-		-
Wholesale total	$	-	$	-	$	-	$	-	$	-	$	-	$	2,943	$	2,943
Real estate
Performing	$	1,614	$	1,245	$	264	$	384	$	260	$	1,245	$	-	$	5,012
Credit Watch		2		-		-		-		-		5		-		7
At Risk		-		-		-		-		-		-		-		-
Default		-		-		-		-		-		-		-		-
Real estate total	$	1,616	$	1,245	$	264	$	384	$	260	$	1,250	$	-	$	5,019
Working Capital
Performing	$	662	$	321	$	209	$	158	$	37	$	173	$	774	$	2,334
Credit Watch		1		1		-		-		-		-		-		2
At Risk		-		-		-		-		-		-		-		-
Default		-		-		-		-		-		-		-		-
Working capital total	$	663	$	322	$	209	$	158	$	37	$	173	$	774	$	2,336
Total	$	2,279	$	1,567	$	473	$	542	$	297	$	1,423	$	3,717	$	10,298

Aging of Amortized Cost Basis of Finance Receivables by Class

The following tables summarize the aging of the amortized cost basis of our finance receivables by class:

	September 30, 2022
	30 - 59 Days past due		60 - 89 Days past due		90 Days or greater past due		Total Past due		Current		Total Finance receivables		90 Days or greater past due and accruing
Retail loan	$	1,121	$	335	$	170	$	1,626	$	75,565	$	77,191	$	111
Wholesale		-		-		-		-		3,460		3,460		-
Real estate		-		-		-		-		4,907		4,907		-
Working capital		-		-		-		-		2,698		2,698		-
Total	$	1,121	$	335	$	170	$	1,626	$	86,630	$	88,256	$	111

	March 31, 2022
	30 - 59 Days  past due		60 - 89 Days past due		90 Days or greater past due		Total Past due		Current		Total Finance receivables		90 Days or  greater past due and accruing
Retail loan	$	932	$	242	$	117	$	1,291	$	72,089	$	73,380	$	65
Wholesale		-		-		-		-		2,943		2,943		-
Real estate		-		-		-		-		5,019		5,019		-
Working capital		-		-		-		-		2,336		2,336		-
Total	$	932	$	242	$	117	$	1,291	$	82,387	$	83,678	$	65