Allowance for Credit Losses (Tables)

6 Months Ended

Sep. 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 September 30, 2021
	Retail loan			Dealer products			Total
Beginning balance, July 1, 2021	$	1,052		$	144		$	1,196
Charge-offs		(55	)		-			(55	)
Recoveries		15			-			15
Provision for credit losses		123			(55	)		68
Ending balance, September 30, 2021 1	$	1,135		$	89		$	1,224
	Six months ended September 30, 2021
	Retail loan			Dealer products			Total
Beginning balance, April 1, 2021	$	1,075		$	140		$	1,215
Charge-offs		(88	)		-			(88	)
Recoveries		32			-			32
Provision for credit losses		116			(51	)		65
Ending balance, September 30, 2021 1	$	1,135		$	89		$	1,224

^{1 Ending balance includes $34 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 September 30, 2020
Allowance for Credit Losses for Finance Receivables:	Retail loan			Dealer products			Total
Beginning balance, July 1, 2020	$	933		$	210		$	1,143
Charge-offs		(46	)		-			(46	)
Recoveries		12			-			12
Provision for credit losses		121			(56	)		65
Ending balance, September 30, 2020 2	$	1,020		$	154		$	1,174
	Six months ended September 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		(115	)		-			(115	)
Recoveries		21			1			22
Provision for credit losses		347			(99	)		248
Ending balance, September 30, 2020 2	$	1,020		$	154		$	1,174

^{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 $37 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.