Allowance for Credit Losses (Tables)

9 Months Ended

Dec. 31, 2022

Loans And Leases Receivable Disclosure [Abstract]

Allowance for Credit Losses and Finance Receivables by Portfolio Segment

The following tables provide information related to our allowance for credit losses for finance receivables and certain off-balance sheet lending commitments by portfolio segment:

	Three months ended December 31, 2022
	Retail loan			Dealer products		Total
Beginning balance, October 1, 2022	$	1,321		$	74	$	1,395
Charge-offs		(173	)		-		(173	)
Recoveries		13			-		13
Provision for credit losses		265			13		278
Ending balance, December 31, 2022 ¹	$	1,426		$	87	$	1,513
	Nine months ended December 31, 2022
	Retail loan			Dealer products		Total
Beginning balance, April 1, 2022	$	1,195		$	77	$	1,272
Charge-offs		(370	)		-		(370	)
Recoveries		42			-		42
Provision for credit losses		559			10		569
Ending balance, December 31, 2022 ¹	$	1,426		$	87	$	1,513

1 Ending balance includes $29 million of allowance for credit losses related to off-balance sheet commitments in the dealer products portfolio which is included in Other liabilities on the Consolidated Balance Sheet.

	Three months ended December 31, 2021
	Retail loan			Dealer products			Total
Beginning balance, October 1, 2021	$	1,135		$	89		$	1,224
Charge-offs		(64	)		-			(64	)
Recoveries		14			-			14
Provision for credit losses		55			(10	)		45
Ending balance, December 31, 2021 ¹	$	1,140		$	79		$	1,219
	Nine months ended December 31, 2021
	Retail loan			Dealer products			Total
Beginning balance, April 1, 2021	$	1,075		$	140		$	1,215
Charge-offs		(152	)		-			(152	)
Recoveries		46			-			46
Provision for credit losses		171			(61	)		110
Ending balance, December 31, 2021 ¹	$	1,140		$	79		$	1,219

1 Ending balance includes $34 million of allowance for credit losses related to off-balance sheet commitments in the dealer products portfolio which is included in Other liabilities on the Consolidated Balance Sheet.