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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Financing revenues:        
Operating lease $ 1,743 $ 2,081 $ 5,460 $ 6,329
Retail 974 830 2,719 2,442
Dealer 139 80 332 251
Total financing revenues 2,856 2,991 8,511 9,022
Depreciation on operating leases 1,262 1,460 3,976 4,400
Interest expense 765 346 2,033 1,055
Net financing revenues 829 1,185 2,502 3,567
Voluntary protection contract revenues and insurance earned premiums 263 255 785 758
Investment and other income (loss), net 240 76 (204) 239
Net financing revenues and other revenues 1,332 1,516 3,083 4,564
Expenses:        
Provision for credit losses 278 45 569 110
Operating and administrative 463 394 1,313 1,163
Voluntary protection contract expenses and insurance losses 115 96 336 303
Total expenses 856 535 2,218 1,576
Income before income taxes 476 981 865 2,988
Provision for income taxes 112 233 212 697
Net income $ 364 $ 748 $ 653 $ 2,291