Related Party Transactions (Tables)

12 Months Ended

Mar. 31, 2016

The tables below summarize amounts included in our Consolidated Statement of Income and in our Consolidated Balance Sheet under various related party agreements or relationships:


	Years Ended March 31,
	2016			2015			2014
Net financing revenues:
Manufacturers’ subvention support and other revenues	$	1,315		$	1,196		$	994
Origination costs paid to affiliates	$	(1	)	$	(1	)	$	-
Credit support fees incurred	$	(91	)	$	(88	)	$	(82	)
Interest and other expenses paid to affiliates	$	(3	)	$	(2	)	$	(3	)

Insurance earned premiums and contract revenues:
Affiliate insurance premiums and contract revenues	$	132		$	129		$	131

Investments and other income, net:
Gain on sale of commercial finance business	$	197		$	-		$	-
Interest earned on notes receivable from affiliates	$	7		$	4		$	6
Other income from affiliates	$	1		$	-		$	-

Expenses:
Shared services charges and other expenses	$	47		$	63		$	61
Employee benefits expense	$	33		$	24		$	38
Insurance losses and loss adjustment expenses	$	1		$	1		$	-

The tables below summarize amounts included in our Consolidated Statement of Income and in our Consolidated Balance Sheet under various related party agreements or relationships:

	March 31,			March 31,
	2016			2015
Assets:
Investments in marketable securities
Investments in affiliates’ commercial paper	$	-		$	37

Finance receivables, net
Accounts receivable from affiliates	$	119		$	83
Direct finance lease receivables from affiliates	$	-		$	6
Notes receivable under home loan programs	$	9		$	11
Deferred retail origination costs paid to affiliates	$	1		$	1
Deferred retail subvention income from affiliates	$	(794	)	$	(802	)

Investments in operating leases, net
Leases to affiliates	$	2		$	7
Deferred lease origination costs paid to affiliates	$	1		$	1
Deferred lease subvention income from affiliates	$	(1,057	)	$	(950	)

Other assets
Notes receivable from affiliates	$	1,177		$	1,184
Other receivables from affiliates	$	7		$	6
Subvention support receivable from affiliates	$	127		$	126

Liabilities:
Other liabilities
Unearned affiliate insurance premiums and contract revenues	$	278		$	252
Accounts payable to affiliates	$	209		$	136
Notes payable to affiliates	$	20		$	24

Shareholder’s Equity:
Stock-based compensation	$	2		$	2

Financing Support Provided by Parent and Affiliates (amounts in millions):

			Amounts outstanding (USD) at
Affiliate	Financing available to TMCC		March 31, 2016		March 31, 2015

Toyota Credit Canada Inc.	CAD	1,500	$	-	$	-
Toyota Motor Finance (Netherlands) B.V.	Euro	1,000		-		-
Toyota Financial Services Americas Corporation	USD	200		12		24
Toyota Finance Australia Limited	USD	1,000		-		-
Toyota Financial Services Securities USA Corporation	USD	15		8		-
Total			$	20	$	24

Financing Support Provided to Parent and Affiliates (amounts in millions):

			Amounts outstanding (USD) at
Affiliate	Financing made available by TMCC		March 31, 2016		March 31, 2015

Toyota Financial Savings Bank	USD	400	$	-	$	25
Toyota Credit Canada Inc.	CAD	2,500		220		-
Toyota Motor Finance (Netherlands) B.V.	Euro	1,000		619		778
Toyota Financial Services Americas Corporation	USD	200		-		-
Toyota Financial Services Mexico, S.A. de C.V.	USD	500		-		-
Banco Toyota do Brasil	USD	300		58		81
Toyota Finance Australia Limited	USD	1,000		280		300
Total			$	1,177	$	1,184