Finance Receivables, Net (Tables)

3 Months Ended

Sep. 30, 2012

Finance Receivables, Net [Abstract]

Net Financing Receivables

(Dollars in millions)			September 30, 2012		March 31, 2012
Retail receivables			$	37,371	$	35,020
Pledged retail receivables				10,345		10,726
Dealer financing				13,956		12,865
				61,672		58,611
Deferred origination (fees) and costs, net				637		639
Deferred income				(759)		(684)
Allowance for credit losses
	Retail and pledged retail receivables			(338)		(405)
	Dealer financing			(122)		(119)
		Total allowance for credit losses		(460)		(524)
Finance receivables, net			$	61,090	$	58,042

Finance Receivable Credit Quality Indicators

		Retail Loan				Commercial
(Dollars in millions)		September 30, 2012		March 31, 2012		September 30, 2012		March 31, 2012
Aging of finance receivables:
	Current	$	46,648	$	44,842	$	350	$	352
	30-59 days past due		550		433		10		8
	60-89 days past due		113		80		1		2
	90 days past due		44		28		-		1
Total		$	47,355	$	45,383	$	361	$	363
		Wholesale				Real Estate				Working Capital
(Dollars in millions)		September 30, 2012		March 31, 2012		September 30, 2012		March 31, 2012		September 30, 2012		March 31, 2012
Credit quality indicators:
	Performing	$	7,167	$	6,249	$	3,872	$	3,746	$	1,585	$	1,422
	Credit Watch		664		675		495		467		58		61
	At Risk		39		78		34		148		25		8
	Default		9		6		1		-		7		5
Total		$	7,879	$	7,008	$	4,402	$	4,361	$	1,675	$	1,496

Summary of Investment in Impaired Loans by Class of Finance Receivable

Note 4 – Finance Receivables, Net (Continued)
Impaired Finance Receivables
The following table summarizes the information related to our impaired loans by class of finance receivables as of September 30, 2012 and March 31, 2012:
	Impaired								Individually Evaluated
	Finance Receivables				Unpaid Principal Balance				Allowance
	September 30,		March 31,		September 30,		March 31,		September 30,		March 31,
(Dollars in millions)	2012		2012		2012		2012		2012		2012
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	35	$	7	$	35	$	7	$	4	$	1
Real estate		35		136		35		136		12		37
Working capital		30		7		30		7		29		7
Total	$	100	$	150	$	100	$	150	$	45	$	45
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	57	$	60	$	57	$	60
Real estate		100		-		100		-
Working capital		1		1		1		1
Total	$	158	$	61	$	158	$	61
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	471	$	502	$	466	$	496
Commercial		1		1		1		1
Total	$	472	$	503	$	467	$	497
Total impaired account balances:
Retail loan	$	471	$	502	$	466	$	496
Commercial		1		1		1		1
Wholesale		92		67		92		67
Real estate		135		136		135		136
Working capital		31		8		31		8
Total	$	730	$	714	$	725	$	708

	Average Impaired Finance Receivables								Interest Income Recognized
	Three Months Ended September 30,				Six Months Ended September 30,				Three Months Ended September 30,				Six Months Ended September 30,
(Dollars in millions)	2012		2011		2012		2011		2012		2011		2012		2011
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	30	$	8	$	22	$	8	$	-	$	-	$	-	$	-
Real estate		86		134		103		134		-		2		1		3
Working capital		30		8		23		9		1		-		1		-
Total	$	146	$	150	$	148	$	151	$	1	$	2	$	2	$	3
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	61	$	32	$	61	$	39	$	1	$	-	$	1	$	1
Real estate		50		2		33		2		2		-		2		-
Working capital		1		1		1		1		-		-		-		-
Total	$	112	$	35	$	95	$	42	$	3	$	-	$	3	$	1
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	473	$	572	$	483	$	575	$	9	$	12	$	19	$	24
Commercial		1		1		1		1		-		-		-		-
Total	$	474	$	573	$	484	$	576	$	9	$	12	$	19	$	24
Total impaired account balances:
Retail loan	$	473	$	572	$	483	$	575	$	9	$	12	$	19	$	24
Commercial		1		1		1		1		-		-		-		-
Wholesale		91		40		83		47		1		-		1		1
Real estate		136		136		136		136		2		2		3		3
Working capital		31		9		24		10		1		-		1		-
Total	$	732	$	758	$	727	$	769	$	13	$	14	$	24	$	28