Allowance for Credit Losses (Tables)

12 Months Ended

Mar. 31, 2022

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:

	Year ended March 31, 2022
	Retail loan			Dealer products			Total
Beginning balance, April 1, 2021	$	1,075		$	140		$	1,215
Charge-offs		(237	)		-			(237	)
Recoveries		58			-			58
Provision for credit losses		299			(63	)		236
Ending balance, March 31, 2022 1	$	1,195		$	77		$	1,272

^{1 Ending balance includes $26 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.}

	Year ended March 31, 2021
	Retail loan			Dealer products			Total
Beginning balance, April 1, 2020	$	486		$	241		$	727
Adoption of ASU 2016-13 1		281			11			292
Charge-offs		(287	)		-			(287	)
Recoveries		48			9			57
Provision for credit losses		547			(121	)		426
Ending balance, March 31, 2021 2	$	1,075		$	140		$	1,215

^{1 Cumulative pre-tax adjustments recorded to retained earnings as of April 1, 2020.}  

^{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.}