Finance Receivables, Net (Tables)

12 Months Ended

Mar. 31, 2013

Finance Receivables, Net [Abstract]

Net Financing Receivables

(Dollars in millions)			March 31, 2013		March 31, 2012
Retail receivables			$	40,508	$	35,020
Pledged retail receivables				7,669		10,726
Dealer financing				14,995		12,865
				63,172		58,611
Deferred origination (fees) and costs, net				634		639
Deferred income				(794)		(684)
Allowance for credit losses
	Retail and pledged retail receivables			(338)		(405)
	Dealer financing			(107)		(119)
		Total allowance for credit losses		(445)		(524)
Finance receivables, net			$	62,567	$	58,042

Contractual Maturities on Retail Receivables and Dealer Financing

Contractual maturities on retail receivables and dealer financing are as follows (dollars in millions):
	Contractual maturities
Years ending March 31,	Retail receivables		Dealer financing
2014	$	13,913	$	11,497
2015		12,524		1,268
2016		10,025		707
2017		7,037		607
2018		3,679		568
Thereafter		993		348
Total	$	48,171	$	14,995

Finance Receivable Credit Quality Indicators

Note 4 - Finance Receivables, Net (Continued)
The tables below present each credit quality indicator by class of finance receivable as of March 31, 2013 and March 31, 2012:
		Retail Loan				Commercial
(Dollars in millions)		March 31, 2013		March 31, 2012		March 31, 2013		March 31, 2012
Aging of finance receivables:
	Current	$	47,236	$	44,842	$	362	$	352
	30-59 days past due		454		433		6		8
	60-89 days past due		87		80		1		2
	90 days past due		31		28		-		1
Total		$	47,808	$	45,383	$	369	$	363
		Wholesale				Real Estate				Working Capital
(Dollars in millions)		March 31, 2013		March 31, 2012		March 31, 2013		March 31, 2012		March 31, 2013		March 31, 2012
Credit quality indicators:
	Performing	$	7,659	$	6,249	$	3,968	$	3,746	$	1,616	$	1,422
	Credit Watch		996		675		583		467		80		61
	At Risk		33		78		28		148		28		8
	Default		1		6		1		-		2		5
Total		$	8,689	$	7,008	$	4,580	$	4,361	$	1,726	$	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 receivable as of March 31, 2013 and March 31, 2012:
	Impaired								Individually Evaluated
	Finance Receivables				Unpaid Principal Balance				Allowance
(Dollars in millions)	2013		2012		2013		2012		2013		2012
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	16	$	7	$	16	$	7	$	3	$	1
Real estate		33		136		33		136		7		37
Working capital		24		7		24		7		23		7
Total	$	73	$	150	$	73	$	150	$	33	$	45
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	66	$	60	$	66	$	60
Real estate		97		-		97		-
Working capital		5		1		5		1
Total	$	168	$	61	$	168	$	61
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	415	$	502	$	410	$	496
Commercial		1		1		1		1
Total	$	416	$	503	$	411	$	497
Total impaired account balances:
Retail loan	$	415	$	502	$	410	$	496
Commercial		1		1		1		1
Wholesale		82		67		82		67
Real estate		130		136		130		136
Working capital		29		8		29		8
Total	$	657	$	714	$	652	$	708

	Average Impaired Finance Receivables				Interest Income Recognized
	Years ended March 31,				Years ended March 31,
(Dollars in millions)	2013		2012		2013		2012
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	22	$	5	$	-	$	-
Real estate		75		138		1		5
Working capital		24		8		1		-
Total	$	121	$	151	$	2	$	5
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	63	$	43	$	2	$	1
Real estate		59		-		4		-
Working capital		2		1		-		1
Total	$	124	$	44	$	6	$	2
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	462	$	553	$	37	$	47
Commercial		1		1		-		-
Total	$	463	$	554	$	37	$	47
Total impaired account balances:
Retail loan	$	462	$	553	$	37	$	47
Commercial		1		1		-		-
Wholesale		85		48		2		1
Real estate		134		138		5		5
Working capital		26		9		1		1
Total	$	708	$	749	$	45	$	54