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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Financing revenues:        
Operating lease $ 2,016 $ 1,925 $ 3,997 $ 3,816
Retail 490 459 964 915
Dealer 141 112 284 223
Total financing revenues 2,647 2,496 5,245 4,954
Depreciation on operating leases 1,719 1,683 3,400 3,272
Interest expense 452 297 900 604
Net financing revenues 476 516 945 1,078
Insurance earned premiums and contract revenues 221 199 437 392
Investment and other income, net 55 42 102 81
Realized gains, net on investments in marketable securities 1 70 42 83
Net financing revenues and other revenues 753 827 1,526 1,634
Expenses:        
Provision for credit losses 127 161 212 213
Operating and administrative 337 317 650 596
Insurance losses and loss adjustment expenses 102 91 216 180
Total expenses 566 569 1,078 989
Income before income taxes 187 258 448 645
Provision for income taxes 70 95 166 241
Net income $ 117 $ 163 $ 282 $ 404