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Consolidated Statement of Income (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Financing revenues:        
Operating lease $ 1,191 $ 1,160 $ 3,524 $ 3,542
Retail 514 582 1,571 1,818
Dealer 110 93 328 265
Total financing revenues 1,815 1,835 5,423 5,625
Depreciation on operating leases 901 844 2,636 2,498
Interest expense 284 163 625 769
Net financing revenues 630 828 2,162 2,358
Insurance earned premiums and contract revenues 140 150 435 453
Investment and other income, net 63 62 136 93
Net financing revenues and other revenues 833 1,040 2,733 2,904
Expenses:        
Provision for credit losses 88 56 107 (136)
Operating and administrative 229 208 674 617
Insurance losses and loss adjustment expenses 77 78 231 247
Total expenses 394 342 1,012 728
Income before income taxes 439 698 1,721 2,176
Provision for income taxes 156 266 635 828
Net income $ 283 $ 432 $ 1,086 $ 1,348