Finance Receivables, Net (Tables)

12 Months Ended

Mar. 31, 2015

Receivables [Abstract]

Net Financing Receivables

(Dollars in millions)	March 31, 2015			March 31, 2014
Retail receivables	$	39,141		$	40,216
Securitized retail receivables		11,682			9,633
Dealer financing		15,744			15,925
		66,567			65,774
Deferred origination (fees) and costs, net		646			651
Deferred income		(911	)		(863	)
Allowance for credit losses
Retail and securitized retail receivables		(301	)		(298	)
Dealer financing		(108	)		(88	)
Total allowance for credit losses		(409	)		(386	)
Finance receivables, net	$	65,893		$	65,176

Contractual Maturities on Retail Receivables and Dealer Financing

Contractual maturities on retail receivables and dealer financing are as follows (dollars in millions):

	Contractual maturities
Years ending March 31,	Retailreceivables		Dealer financing
2016	$	14,461	$	11,224
2017		13,043		1,718
2018		10,726		954
2019		7,426		806
2020		3,883		524
Thereafter		1,278		518
Total	$	50,817	$	15,744

Finance Receivable Credit Quality Indicators

The tables below present each credit quality indicator by class of finance receivable as of March 31, 2015 and 2014:

	Retail Loan				Commercial
(Dollars in millions)	March 31, 2015		March 31, 2014		March 31, 2015		March 31, 2014
Aging of finance receivables:
Current	$	49,684	$	48,828	$	511	$	432
30-59 days past due		467		459		8		6
60-89 days past due		100		90		2		1
90 days or greater past due		51		33		-		-
Total	$	50,302	$	49,410	$	521	$	439
	Wholesale				Real Estate				Working Capital
(Dollars in millions)	March 31, 2015		March 31, 2014		March 31, 2015		March 31, 2014		March 31, 2015		March 31, 2014
Credit quality indicators:
Performing	$	7,993	$	8,129	$	3,782	$	3,791	$	1,643	$	1,642
Credit Watch		1,137		1,282		842		855		176		158
At Risk		60		24		37		12		32		25
Default		36		1		4		-		2		6
Total	$	9,226	$	9,436	$	4,665	$	4,658	$	1,853	$	1,831

Summary of Investment in Impaired Loans by Class of Finance Receivable

Impaired Finance Receivables

The following table summarizes the information related to our impaired loans by class of finance receivable as of March 31, 2015 and 2014:

	Impaired Finance Receivables				Unpaid Principal Balance				Individually Evaluated Allowance
(Dollars in millions)	2015		2014		2015		2014		2015		2014
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	76	$	13	$	76	$	13	$	14	$	1
Real estate		52		27		52		27		10		8
Working capital		34		23		34		23		31		22
Total	$	162	$	63	$	162	$	63	$	55	$	31
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	105	$	51	$	105	$	51
Real estate		91		90		91		90
Working capital		2		4		2		4
Total	$	198	$	145	$	198	$	145
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	264	$	322	$	261	$	318
Commercial		-		1		-		1
Total	$	264	$	323	$	261	$	319
Total impaired account balances:
Retail loan	$	264	$	322	$	261	$	318
Commercial		-		1		-		1
Wholesale		181		64		181		64
Real estate		143		117		143		117
Working capital		36		27		36		27
Total	$	624	$	531	$	621	$	527

	Average Impaired Finance Receivables				Interest Income Recognized
	Years ended March 31,				Years ended March 31,
(Dollars in millions)	2015		2014		2015		2014
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	29	$	16	$	-	$	-
Real estate		26		32		1		1
Working capital		25		24		1		2
Total	$	80	$	72	$	2	$	3
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	66	$	59	$	1	$	1
Real estate		91		93		3		4
Working capital		3		4		-		-
Total	$	160	$	156	$	4	$	5
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	294	$	368	$	22	$	27
Commercial		1		1		-		-
Total	$	295	$	369	$	22	$	27
Total impaired account balances:
Retail loan	$	294	$	368	$	22	$	27
Commercial		1		1		-		-
Wholesale		95		75		1		1
Real estate		117		125		4		5
Working capital		28		28		1		2
Total	$	535	$	597	$	28	$	35