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Consolidated Statement of Income (USD $)
In Millions, unless otherwise specified
12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2010
Financing revenues:      
Operating lease $ 4,693 $ 4,888 $ 4,739
Retail 2,371 2,791 3,086
Dealer 365 385 338
Total financing revenues 7,429 8,064 8,163
Depreciation on operating leases 3,339 3,353 3,564
Interest expense 1,300 1,614 2,023
Net financing revenues 2,790 3,097 2,576
Insurance earned premiums and contract revenues 604 543 452
Investment and other income, net 113 236 228
Net financing revenues and other revenues 3,507 3,876 3,256
Expenses:      
Provision for credit losses (98) (433) 604
Operating and administrative 857 1,059 760
Insurance losses and loss adjustment expenses 325 247 213
Total expenses 1,084 873 1,577
Income before income taxes 2,423 3,003 1,679
Provision for income taxes 937 1,150 616
Net income $ 1,486 $ 1,853 $ 1,063