Finance Receivables, Net (Tables)

9 Months Ended

Dec. 31, 2019

Receivables [Abstract]

Net Financing Receivables

Finance receivables, net consisted of the following:

	December 31,			March 31,
	2019			2019
Retail receivables	$	44,704		$	42,621
Securitized retail receivables		12,620			11,318
Dealer financing		17,000			17,696
		74,324			71,635
Deferred origination (fees) and costs, net		869			695
Deferred income		(1,220	)		(1,314	)
Allowance for credit losses
Retail and securitized retail receivables		(328	)		(304	)
Dealer financing		(195	)		(195	)
Total allowance for credit losses		(523	)		(499	)
Finance receivables, net	$	73,450		$	70,517

Finance Receivable Credit Quality Indicators

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

	Retail Loan
	December 31,		March 31,
	2019		2019
Aging of finance receivables:
Current	$	56,135	$	53,047
30-59 days past due		876		657
60-89 days past due		226		162
90 days or greater past due		87		73
Total	$	57,324	$	53,939

	Wholesale				Real Estate				Working Capital
	December 31,		March 31,		December 31,		March 31,		December 31,		March 31,
	2019		2019		2019		2019		2019		2019
Credit quality indicators:
Performing	$	8,695	$	9,155	$	4,175	$	4,019	$	2,676	$	2,448
Credit Watch		698		1,127		336		554		65		70
At Risk		84		152		78		84		98		63
Default		45		6		23		14		27		4
Total	$	9,522	$	10,440	$	4,612	$	4,671	$	2,866	$	2,585

Past Due Finance Receivables by Class

The following tables summarize the aging of finance receivables by class:

	December 31, 2019
	30 - 59 Days Past Due		60 - 89 Days Past Due		90Daysor Greater Past Due		TotalPast Due		Current		TotalFinance Receivables		90 Days or GreaterPast Due and Accruing
Retail loan	$	876	$	226	$	87	$	1,189	$	56,135	$	57,324	$	65
Wholesale		1		24		-		25		9,497		9,522		-
Real estate		-		-		1		1		4,611		4,612		-
Working capital		-		23		4		27		2,839		2,866		-
Total	$	877	$	273	$	92	$	1,242	$	73,082	$	74,324	$	65

	March 31, 2019
	30 - 59 Days Past Due		60 - 89 Days Past Due		90Daysor Greater Past Due		TotalPast Due		Current		TotalFinance Receivables		90Daysor GreaterPast Due and Accruing
Retail loan	$	657	$	162	$	73	$	892	$	53,047	$	53,939	$	47
Wholesale		-		-		1		1		10,439		10,440		-
Real estate		-		-		-		-		4,671		4,671		-
Working capital		-		-		4		4		2,581		2,585		-
Total	$	657	$	162	$	78	$	897	$	70,738	$	71,635	$	47

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				Allowance
	December 31,		March 31,		December 31,		March 31,
	2019		2019		2019		2019
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	100	$	161	$	27	$	28
Real estate		86		93		9		11
Working capital		121		67		69		60
Total	$	307	$	321	$	105	$	99
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	131	$	130
Real estate		157		152
Working capital		22		20
Total	$	310	$	302
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	251	$	231
Total impaired account balances:
Retail loan	$	251	$	231
Wholesale		231		291
Real estate		243		245
Working capital		143		87
Total	$	868	$	854