Allowance for Credit Losses (Tables)

3 Months Ended

Jun. 30, 2021

Loans And Leases Receivable Disclosure [Abstract]

Allowance for Credit Losses and Finance Receivables by Portfolio Segment

The following tables provide information related to our allowance for credit losses for finance receivables and certain off-balance sheet lending commitments by portfolio segment:

	Three months ended June 30, 2021
	Retail loan			Dealer products		Total
Beginning balance, April 1, 2021	$	1,075		$	140	$	1,215
Charge-offs		(33	)		-		(33	)
Recoveries		17			-		17
Provision for credit losses		(7	)		4		(3	)
Ending balance, June 30, 2021 1	$	1,052		$	144	$	1,196

^{1 Ending balance includes $49 million of allowance for credit losses related to off-balance sheet commitments in the dealer products portfolio which is included in Other liabilities on the Consolidated Balance Sheet.}

	Three months ended June 30, 2020
Allowance for Credit Losses for Finance Receivables:	Retail loan			Dealer products			Total
Beginning balance, April 1, 2020	$	486		$	241		$	727
Adoption of ASU 2016-13 1		281			11			292
Charge-offs		(69	)		-			(69	)
Recoveries		9			1			10
Provision for credit losses		226			(43	)		183
Ending balance, June 30, 2020 2	$	933		$	210		$	1,143

^{1 Cumulative pre-tax adjustments recorded to retained earnings as of April 1, 2020.  See Note 1 – Basis of Presentation and Significant Accounting Policies in our fiscal 2021 Form 10-K.}

² Ending balance includes $39 million of allowances for credit losses related to off-balance sheet commitments in the dealer products portfolio which is included in Other liabilities on the Consolidated Balance Sheet.