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Consolidated Statement of Income (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Financing revenues:        
Operating lease $ 1,176 $ 1,178 $ 2,333 $ 2,382
Retail 525 610 1,057 1,236
Dealer 110 82 218 172
Total financing revenues 1,811 1,870 3,608 3,790
Depreciation on operating leases 880 829 1,735 1,654
Interest expense 283 149 341 606
Net financing revenues 648 892 1,532 1,530
Insurance earned premiums and contract revenues 145 153 295 303
Investment and other income, net 38 (9) 73 31
Net financing revenues and other revenues 831 1,036 1,900 1,864
Expenses:        
Provision for credit losses 3 11 19 (192)
Operating and administrative 229 212 445 409
Insurance losses and loss adjustment expenses 73 83 154 169
Total expenses 305 306 618 386
Income before income taxes 526 730 1,282 1,478
Provision for income taxes 200 279 479 562
Net income $ 326 $ 451 $ 803 $ 916