Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities:
Net income	$ 818	$ 286
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	3,264	3,484
Recognition of deferred income	(1,230)	(1,142)
Provision for credit losses	136	156
Amortization of deferred costs	352	310
Foreign currency and other adjustments to the carrying value of debt, net	(411)	(748)
Net (gains) losses from investments in marketable securities	(90)	41
Net change in:
Derivative assets	11	12
Other assets and accrued interest	(75)	76
Deferred income taxes	137	81
Derivative liabilities	12	25
Other liabilities	121	167
Net cash provided by operating activities	3,045	2,748
Cash flows from investing activities:
Purchase of investments in marketable securities	(1,018)	(798)
Proceeds from sales of investments in marketable securities	183	71
Proceeds from maturities of investments in marketable securities	403	1,908
Acquisition of finance receivables	(15,483)	(12,322)
Collection of finance receivables	12,628	12,035
Net change in wholesale and certain working capital receivables	428	781
Acquisition of investments in operating leases	(8,521)	(8,680)
Disposals of investments in operating leases	6,285	5,808
Long term loans to affiliates	(100)	(200)
Payments on long term loans from affiliates	13	20
Other, net	(16)	(19)
Net cash used in investing activities	(5,198)	(1,396)
Cash flows from financing activities:
Proceeds from issuance of debt	11,101	15,032
Payments on debt	(10,269)	(12,380)
Net change in commercial paper	1,751	(2,029)
Net change in financing support provided by affiliates	2	(3)
Dividend paid	(10)	0
Net cash provided by financing activities	2,575	620
Net increase in cash and cash equivalents and restricted cash and cash equivalents	422	1,972
Cash and cash equivalents and restricted cash and cash equivalents at the beginning of the period	3,183	4,759
Cash and cash equivalents and restricted cash and cash equivalents at the end of the period	3,605	6,731
Supplemental disclosures:
Interest paid, net	1,315	1,048
Income taxes paid, net	$ 45	$ 15