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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Financing revenues:    
Operating lease $ 1,981 $ 1,891
Retail 474 456
Dealer 143 111
Total financing revenues 2,598 2,458
Depreciation on operating leases 1,681 1,589
Interest expense 448 307
Net financing revenues 469 562
Insurance earned premiums and contract revenues 216 193
Investment and other income, net 47 39
Realized gains, net on investments in marketable securities 41 13
Net financing revenues and other revenues 773 807
Expenses:    
Provision for credit losses 85 52
Operating and administrative 313 279
Insurance losses and loss adjustment expenses 114 89
Total expenses 512 420
Income before income taxes 261 387
Provision for income taxes 96 146
Net income $ 165 $ 241