Finance Receivables, Net (Tables)

3 Months Ended

Jun. 30, 2017

Receivables [Abstract]

Net Financing Receivables

Finance receivables, net consisted of the following:

	June 30,			March 31,
	2017			2017
Retail receivables	$	38,683		$	38,338
Securitized retail receivables		12,692			13,071
Dealer financing		18,275			17,899
		69,650			69,308
Deferred origination (fees) and costs, net		639			644
Deferred income		(1,065	)		(1,023	)
Allowance for credit losses
Retail and securitized retail receivables		(322	)		(344	)
Dealer financing		(131	)		(123	)
Total allowance for credit losses		(453	)		(467	)
Finance receivables, net	$	68,771		$	68,462

Finance Receivable Credit Quality Indicators

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

	Retail Loan
	June 30,		March 31,
	2017		2017
Aging of finance receivables:
Current	$	50,514	$	50,631
30-59 days past due		632		586
60-89 days past due		171		129
90 days or greater past due		58		63
Total	$	51,375	$	51,409

	Wholesale				Real Estate				Working Capital
	June 30,		March 31,		June 30,		March 31,		June 30,		March 31,
	2017		2017		2017		2017		2017		2017
Credit quality indicators:
Performing	$	9,943	$	9,592	$	4,092	$	4,010	$	2,129	$	2,082
Credit Watch		1,153		1,269		580		613		136		143
At Risk		67		12		55		45		22		5
Default		58		78		35		45		5		5
Total	$	11,221	$	10,951	$	4,762	$	4,713	$	2,292	$	2,235

Summary of Impaired Loans by Class of Finance Receivable

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
	June 30,		March 31,		June 30,		March 31,		June 30,		March 31,
	2017		2017		2017		2017		2017		2017
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	126	$	93	$	126	$	93	$	12	$	12
Real estate		93		94		93		94		12		12
Working capital		46		31		46		31		23		9
Total	$	265	$	218	$	265	$	218	$	47	$	33
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	134	$	134	$	134	$	134
Real estate		95		105		95		105
Working capital		-		-		-		-
Total	$	229	$	239	$	229	$	239
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	225	$	220	$	222	$	217
Total	$	225	$	220	$	222	$	217
Total impaired account balances:
Retail loan	$	225	$	220	$	222	$	217
Wholesale		260		227		260		227
Real estate		188		199		188		199
Working capital		46		31		46		31
Total	$	719	$	677	$	716	$	674

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 FinanceReceivables				Interest Income Recognized
	Three Months Ended June 30,				Three Months Ended June 30,
	2017		2016		2017		2016
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	109	$	69	$	1	$	-
Real estate		94		105		1		1
Working capital		39		35		-		-
Total	$	242	$	209	$	2	$	1
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	134	$	189	$	1	$	2
Real estate		100		103		1		1
Working capital		-		2		-		-
Total	$	234	$	294	$	2	$	3
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	222	$	226	$	4	$	4
Total	$	222	$	226	$	4	$	4
Total impaired account balances:
Retail loan	$	222	$	226	$	4	$	4
Wholesale		243		258		2		2
Real estate		194		208		2		2
Working capital		39		37		-		-
Total	$	698	$	729	$	8	$	8