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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Financing revenues:        
Operating lease $ 2,167 $ 2,016 $ 4,293 $ 3,997
Retail 547 490 1,082 964
Dealer 176 141 351 284
Total financing revenues 2,890 2,647 5,726 5,245
Depreciation on operating leases 1,662 1,719 3,428 3,400
Interest expense 702 452 1,384 900
Net financing revenues 526 476 914 945
Insurance earned premiums and contract revenues 226 221 450 437
Investment and other income, net 56 56 96 144
Net financing revenues and other revenues 808 753 1,460 1,526
Expenses:        
Provision for credit losses 67 127 156 212
Operating and administrative 348 337 672 650
Insurance losses and loss adjustment expenses 112 102 237 216
Total expenses 527 566 1,065 1,078
Income before income taxes 281 187 395 448
Provision for income taxes 87 70 109 166
Net income $ 194 $ 117 $ 286 $ 282