Installment Receivables (Tables)

3 Months Ended

Jun. 30, 2015

Financing Receivable, Recorded Investment [Line Items]

Installment Receivables

The following table summarizes the installment receivables:

	June 30, 2015			March 31, 2015
	(in millions)
Installment receivables, gross	$	1,566		$	1,725
Deferred interest	(115		)	(139		)
Installment receivables, net of deferred interest	1,451			1,586
Allowance for credit losses	(217		)	(190		)
Installment receivables, net	$	1,234		$	1,396
Classified on the consolidated balance sheets as:
Accounts and notes receivable, net	$	976		$	1,035
Other assets	258			361
Installment receivables, net	$	1,234		$	1,396

Balance and Aging of Installment Receivables

The balance and aging of installment receivables on a gross basis by credit category were as follows:

	June 30, 2015						March 31, 2015
	Prime		Subprime		Total		Prime		Subprime		Total
	(in millions)
Unbilled	$	1,125	$	330	$	1,455	$	1,243	$	359	$	1,602
Billed - current	53		19		72		65		22		87
Billed - past due	23		16		39		21		15		36
Installment receivables, gross	$	1,201	$	365	$	1,566	$	1,329	$	396	$	1,725

Allowance for Credit Losses on Financing Receivables [Table Text Block]

Activity in the deferred interest and allowance for credit losses for the installment receivables is as follows:

	Three Months Ended June 30,			Twelve Months Ended March 31,
	2015			2015
	(in millions)
Deferred interest and allowance for credit losses, beginning of period	$	329		$	124
Bad debt expense	81			398
Write-offs, net of recoveries	(54		)	(255		)
Change in deferred interest on short-term and long-term installment receivables	(24		)	62
Deferred interest and allowance for credit losses, end of period	$	332		$	329