Finance Receivables, Net (Tables)

12 Months Ended

Mar. 31, 2022

Finance receivables, net consisted of the following:

	March 31,			March 31,
	2022			2021
Retail receivables ¹	$	73,152		$	66,991
Dealer financing		10,298			13,642
		83,450			80,633

Deferred origination costs		1,330			1,145
Deferred income		(1,102	)		(1,408	)
Allowance for credit losses
Retail receivables		(1,195	)		(1,075	)
Dealer financing		(51	)		(103	)
Total allowance for credit losses		(1,246	)		(1,178	)
Finance receivables, net	$	82,432		$	79,192

¹	^{Includes securitized retail receivables of $21.2 billion and $22.1 billion as of March 31, 2022 and 2021, respectively.}

Schedule of Amortized Cost Basis of Retail Loan Portfolio and Dealer Products Portfolio by Credit Quality Indicator

The following tables present the amortized cost basis of our retail loan portfolio by origination fiscal year by credit quality indicator based on number of days past due:

	Amortized Cost Basis by Origination Fiscal Year at March 31, 2022
	2022		2021		2020		2019		2018		2017 and Prior		Total
Aging of finance receivables:
Current	$	32,382	$	21,917	$	9,624	$	4,774	$	2,674	$	718	$	72,089
30-59 days past due		275		304		153		101		63		36		932
60-89 days past due		68		82		40		25		16		11		242
90 days or greater past due		33		39		17		13		8		7		117
Total	$	32,758	$	22,342	$	9,834	$	4,913	$	2,761	$	772	$	73,380

	Amortized Cost Basis by Origination Fiscal Year at March 31, 2021
	2021		2020		2019		2018		2017		2016 and Prior		Total
Aging of finance receivables:
Current	$	32,026	$	16,047	$	8,972	$	5,977	$	2,435	$	496	$	65,953
30-59 days past due		147		145		114		83		46		27		562
60-89 days past due		37		39		28		21		11		8		144
90 days or greater past due		18		18		13		9		5		6		69
Total	$	32,228	$	16,249	$	9,127	$	6,090	$	2,497	$	537	$	66,728

The following tables present the amortized cost basis of our dealer products portfolio by credit quality indicator based on internal risk assessments by origination fiscal year:

	Amortized Cost Basis by Origination Fiscal Year at March 31, 2022
	2022		2021		2020		2019		2018		2017 and Prior		Revolving loans		Total
Wholesale
Performing	$	-	$	-	$	-	$	-	$	-	$	-	$	2,927	$	2,927
Credit Watch		-		-		-		-		-		-		16		16
At Risk		-		-		-		-		-		-		-		-
Default		-		-		-		-		-		-		-		-
Wholesale total	$	-	$	-	$	-	$	-	$	-	$	-	$	2,943	$	2,943
Real estate
Performing	$	1,614	$	1,245	$	264	$	384	$	260	$	1,245	$	-	$	5,012
Credit Watch		2		-		-		-		-		5		-		7
At Risk		-		-		-		-		-		-		-		-
Default		-		-		-		-		-		-		-		-
Real estate total	$	1,616	$	1,245	$	264	$	384	$	260	$	1,250	$	-	$	5,019
Working Capital
Performing	$	662	$	321	$	209	$	158	$	37	$	173	$	774	$	2,334
Credit Watch		1		1		-		-		-		-		-		2
At Risk		-		-		-		-		-		-		-		-
Default		-		-		-		-		-		-		-		-
Working capital total	$	663	$	322	$	209	$	158	$	37	$	173	$	774	$	2,336
Total	$	2,279	$	1,567	$	473	$	542	$	297	$	1,423	$	3,717	$	10,298

	Amortized Cost Basis by Origination Fiscal Year at March 31, 2021
	2021		2020		2019		2018		2017		2016 and Prior		Revolving loans		Total
Wholesale
Performing	$	-	$	-	$	-	$	-	$	-	$	-	$	5,893	$	5,893
Credit Watch		-		-		-		-		-		-		218		218
At Risk		-		-		-		-		-		-		35		35
Default		-		-		-		-		-		-		11		11
Wholesale total	$	-	$	-	$	-	$	-	$	-	$	-	$	6,157	$	6,157
Real estate
Performing	$	1,874	$	320	$	596	$	356	$	312	$	1,493	$	-	$	4,951
Credit Watch		8		49		3		20		9		99		-		188
At Risk		13		-		-		-		12		17		-		42
Default		-		-		-		13		9		-		-		22
Real estate total	$	1,895	$	369	$	599	$	389	$	342	$	1,609	$	-	$	5,203
Working Capital
Performing	$	503	$	334	$	200	$	41	$	106	$	176	$	878	$	2,238
Credit Watch		1		-		6		1		-		19		9		36
At Risk		1		-		-		-		7		-		-		8
Default		-		-		-		-		-		-		-		-
Working capital total	$	505	$	334	$	206	$	42	$	113	$	195	$	887	$	2,282
Total	$	2,400	$	703	$	805	$	431	$	455	$	1,804	$	7,044	$	13,642

Aging of Amortized Cost Basis of Finance Receivables by Class

The following tables presents the aging of the amortized cost basis of our finance receivables by class:

	March 31, 2022
	30 - 59 Days past due		60 - 89 Days past due		90 Days or greater past due		Total Past due		Current		Total Finance receivables		90 Days or greater past due and accruing
Retail loan	$	932	$	242	$	117	$	1,291	$	72,089	$	73,380	$	65
Wholesale		-		-		-		-		2,943		2,943		-
Real estate		-		-		-		-		5,019		5,019		-
Working capital		-		-		-		-		2,336		2,336		-
Total	$	932	$	242	$	117	$	1,291	$	82,387	$	83,678	$	65

	March 31, 2021
	30 - 59 Days past due		60 - 89 Days past due		90 Days or greater past due		Total Past due		Current		Total Finance receivables		90 Days or greater past due and accruing
Retail loan	$	562	$	144	$	69	$	775	$	65,953	$	66,728	$	39
Wholesale		-		-		-		-		6,157		6,157		-
Real estate		-		-		-		-		5,203		5,203		-
Working capital		-		-		-		-		2,282		2,282		-
Total	$	562	$	144	$	69	$	775	$	79,595	$	80,370	$	39