Finance Receivables, Net (Tables)

6 Months Ended

Sep. 30, 2016

Finance receivables, net consisted of the following:

	September 30,			March 31,
	2016			2016
Retail receivables	$	36,764		$	36,020
Securitized retail receivables		13,947			14,343
Dealer financing		15,445			15,899
		66,156			66,262

Deferred origination (fees) and costs, net		656			663
Deferred income		(945	)		(868	)
Allowance for credit losses
Retail and securitized retail receivables		(295	)		(289	)
Dealer financing		(94	)		(132	)
Total allowance for credit losses		(389	)		(421	)
Finance receivables, net	$	65,478		$	65,636

Finance Receivable Credit Quality Indicators

The tables below present each credit quality indicator by class of finance receivables:

	Retail Loan
	September 30,		March 31,
	2016		2016
Aging of finance receivables:
Current	$	49,780	$	49,590
30-59 days past due		691		584
60-89 days past due		162		129
90 days or greater past due		78		60
Total	$	50,711	$	50,363

	Wholesale				Real Estate				Working Capital
	September 30,		March 31,		September 30,		March 31,		September 30,		March 31,
	2016		2016		2016		2016		2016		2016
Credit quality indicators:
Performing	$	7,680	$	8,099	$	3,900	$	3,822	$	1,692	$	1,686
Credit Watch		1,064		1,041		693		763		198		229
At Risk		92		113		93		109		15		17
Default		8		9		10		10		-		1
Total	$	8,844	$	9,262	$	4,696	$	4,704	$	1,905	$	1,933

Summary of 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 receivables:

	Impaired								Individually Evaluated
	Finance Receivables				Unpaid Principal Balance				Allowance
	September 30,		March 31,		September 30,		March 31,		September 30,		March 31,
	2016		2016		2016		2016		2016		2016

Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	77	$	98	$	77	$	98	$	6	$	9
Real estate		83		119		83		119		12		15
Working capital		33		37		33		37		9		30
Total	$	193	$	254	$	193	$	254	$	27	$	54

Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	125	$	185	$	125	$	185
Real estate		117		98		117		98
Working capital		-		3		-		3
Total	$	242	$	286	$	242	$	286

Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	224	$	226	$	221	$	223
Total	$	224	$	226	$	221	$	223

Total impaired account balances:
Retail loan	$	224	$	226	$	221	$	223
Wholesale		202		283		202		283
Real estate		200		217		200		217
Working capital		33		40		33		40
Total	$	659	$	766	$	656	$	763

The following table summarizes the average impaired loans by class of finance receivables as of the balance sheet date and the interest income recognized on these loans:

	Average Impaired Finance Receivables								Interest Income Recognized
	Three Months Ended September 30,				Six Months Ended September 30,				Three Months Ended September 30,				Six Months Ended September 30,
	2016		2015		2016		2015		2016		2015		2016		2015

Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	59	$	88	$	72	$	84	$	1	$	1	$	1	$	1
Real estate		87		88		98		76		-		-		1		1
Working capital		33		35		34		35		1		1		1		1
Total	$	179	$	211	$	204	$	195	$	2	$	2	$	3	$	3

Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	160	$	104	$	168	$	105	$	-	$	1	$	2	$	1
Real estate		112		85		108		87		2		1		3		2
Working capital		-		4		1		3		-		-		-		-
Total	$	272	$	193	$	277	$	195	$	2	$	2	$	5	$	3

Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	224	$	252	$	225	$	256	$	4	$	4	$	8	$	9
Total	$	224	$	252	$	225	$	256	$	4	$	4	$	8	$	9

Total impaired account balances:
Retail loan	$	224	$	252	$	225	$	256	$	4	$	4	$	8	$	9
Wholesale		219		192		240		189		1		2		3		2
Real estate		199		173		206		163		2		1		4		3
Working capital		33		39		35		38		1		1		1		1
Total	$	675	$	656	$	706	$	646	$	8	$	8	$	16	$	15