Finance Receivables, Net (Tables)

3 Months Ended

Dec. 31, 2012

Finance Receivables, Net [Abstract]

Net Financing Receivables

(Dollars in millions)			December 31, 2012		March 31, 2012
Retail receivables			$	39,499	$	35,020
Pledged retail receivables				8,743		10,726
Dealer financing				14,937		12,865
				63,179		58,611
Deferred origination (fees) and costs, net				629		639
Deferred income				(779)		(684)
Allowance for credit losses
	Retail and pledged retail receivables			(361)		(405)
	Dealer financing			(118)		(119)
		Total allowance for credit losses		(479)		(524)
Finance receivables, net			$	62,550	$	58,042

Finance Receivable Credit Quality Indicators

		Retail Loan				Commercial
(Dollars in millions)		December 31, 2012		March 31, 2012		December 31, 2012		March 31, 2012
Aging of finance receivables:
	Current	$	47,138	$	44,842	$	352	$	352
	30-59 days past due		572		433		8		8
	60-89 days past due		119		80		2		2
	90 days past due		51		28		-		1
Total		$	47,880	$	45,383	$	362	$	363
		Wholesale				Real Estate				Working Capital
(Dollars in millions)		December 31, 2012		March 31, 2012		December 31, 2012		March 31, 2012		December 31, 2012		March 31, 2012
Credit quality indicators:
	Performing	$	7,906	$	6,249	$	4,114	$	3,746	$	1,722	$	1,422
	Credit Watch		593		675		433		467		64		61
	At Risk		39		78		33		148		29		8
	Default		1		6		1		-		2		5
Total		$	8,539	$	7,008	$	4,581	$	4,361	$	1,817	$	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 December 31, 2012 and March 31, 2012:
	Impaired								Individually Evaluated
	Finance Receivables				Unpaid Principal Balance				Allowance
	December 31,		March 31,		December 31,		March 31,		December 31,		March 31,
(Dollars in millions)	2012		2012		2012		2012		2012		2012
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	29	$	7	$	29	$	7	$	4	$	1
Real estate		33		136		33		136		11		37
Working capital		29		7		29		7		28		7
Total	$	91	$	150	$	91	$	150	$	43	$	45
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	68	$	60	$	68	$	60
Real estate		99		-		99		-
Working capital		1		1		1		1
Total	$	168	$	61	$	168	$	61
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	444	$	502	$	439	$	496
Commercial		1		1		1		1
Total	$	445	$	503	$	440	$	497
Total impaired account balances:
Retail loan	$	444	$	502	$	439	$	496
Commercial		1		1		1		1
Wholesale		97		67		97		67
Real estate		132		136		132		136
Working capital		30		8		30		8
Total	$	704	$	714	$	699	$	708

	Average Impaired Finance Receivables								Interest Income Recognized
	Three Months Ended December 31,				Nine Months Ended December 31,				Three Months Ended December 31,				Nine Months Ended December 31,
(Dollars in millions)	2012		2011		2012		2011		2012		2011		2012		2011
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	32	$	11	$	24	$	11	$	-	$	-	$	-	$	-
Real estate		34		142		85		143		-		1		1		4
Working capital		29		8		24		8		-		-		1		-
Total	$	95	$	161	$	133	$	162	$	-	$	1	$	2	$	4
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	63	$	37	$	63	$	39	$	-	$	-	$	1	$	1
Real estate		99		2		50		2		-		-		2		-
Working capital		1		1		1		1		-		-		-		-
Total	$	163	$	40	$	114	$	42	$	-	$	-	$	3	$	1
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	458	$	554	$	473	$	566	$	10	$	12	$	29	$	36
Commercial		1		1		1		1		-		-		-		-
Total	$	459	$	555	$	474	$	567	$	10	$	12	$	29	$	36
Total impaired account balances:
Retail loan	$	458	$	554	$	473	$	566	$	10	$	12	$	29	$	36
Commercial		1		1		1		1		-		-		-		-
Wholesale		95		48		87		50		-		-		1		1
Real estate		133		144		135		145		-		1		3		4
Working capital		30		9		25		9		-		-		1		-
Total	$	717	$	756	$	721	$	771	$	10	$	13	$	34	$	41