Allowance for Credit Losses (Tables)

12 Months Ended

Mar. 31, 2013

Allowance for Credit Losses [Abstract]

Allowance for Credit Losses on Finance Receivables and Investments in Operating Leases

Note 6 – Allowance for Credit Losses
The following table provides information related to our allowance for credit losses on finance receivables
and investments in operating leases:
	Years ended March 31,
(Dollars in millions)		2013		2012		2011
Allowance for credit losses at beginning of period	$	619	$	879	$	1,705
Provision for credit losses		121		(98)		(433)
Charge-offs, net of recoveries		(213)		(162)		(393)
Allowance for credit losses at end of period	$	527	$	619	$	879

Allowance for Credit Losses and Finance Receivables by Portfolio Segment

Fiscal Year Ended March 31, 2013
(Dollars in millions)	Retail Loan		Commercial		Dealer Products		Total
Allowance for Credit Losses for Finance Receivables:
Beginning Balance at April 1, 2012	$	395	$	10	$	119	$	524
Charge-offs		(248)		(1)		-	$	(249)
Recoveries		70		1		-		71
Provisions		116		(5)		(12)		99
Ending Balance at March 31, 2013	$	333	$	5	$	107	$	445
Ending Balance: Individually Evaluated for Impairment	$	-	$	-	$	33	$	33
Ending Balance: Collectively Evaluated for Impairment	$	333	$	5	$	74	$	412
Gross Finance Receivables:
Ending Balance at March 31, 2013	$	47,808	$	369	$	14,995	$	63,172
Ending Balance: Individually Evaluated for Impairment	$	-	$	-	$	241	$	241
Ending Balance: Collectively Evaluated for Impairment	$	47,808	$	369	$	14,754	$	62,931

Note 6 – Allowance for Credit Losses (Continued)
Fiscal Year Ended March 31, 2012
(Dollars in millions)	Retail Loan		Commercial		Dealer Products		Total
Allowance for Credit Losses for Finance Receivables:
Beginning Balance at April 1, 2011	$	595	$	18	$	141	$	754
Charge-offs		(243)		(1)		0	$	(244)
Recoveries		99		4		0		103
Provisions		(56)		(11)		(22)		(89)
Ending Balance at March 31, 2012	$	395	$	10	$	119	$	524
Ending Balance: Individually Evaluated for
Impairment	$	0	$	0	$	45	$	45
Ending Balance: Collectively Evaluated for
Impairment	$	395	$	10	$	74	$	479
Gross Finance Receivables:
Ending Balance at March 31, 2012	$	45,383	$	363	$	12,865	$	58,611
Ending Balance: Individually Evaluated for
Impairment	$	0	$	0	$	211	$	211
Ending Balance: Collectively Evaluated for
Impairment	$	45,383	$	363	$	12,654	$	58,400

Past Due Finance Receivables and Investments in Operating Leases

Past Due Finance Receivables and Investments in Operating Leases
(Dollars in millions)		March 31, 2013			March 31, 2012
Aggregate balances 60 or more days past due:
	Finance receivables		$	119		$	111
	Operating leases			36			31
Total			$	155		$	142

Past Due Finance Receivables by Class

(Dollars in millions)	30-59 Days Past Due		60-89 Days Past Due		90 Days Past Due		Total Past Due		Current		Total Finance Receivables		Carrying Amount 90 Days Past Due and Accruing
As of March 31, 2013
Retail Loan	$	454	$	87	$	31	$	572	$	47,236	$	47,808	$	31
Commercial		6		1		-		7		362		369		-
Wholesale		-		-		-		-		8,689		8,689		-
Real estate		-		-		-		-		4,580		4,580		-
Working capital		-		-		-		-		1,726		1,726		-
Total	$	460	$	88	$	31	$	579	$	62,593	$	63,172	$	31
(Dollars in millions)	30-59 Days Past Due		60-89 Days Past Due		90 Days Past Due		Total Past Due		Current		Total Finance Receivables		Carrying Amount 90 Days Past Due and Accruing
As of March 31, 2012
Retail Loan	$	433	$	80	$	28	$	541	$	44,842	$	45,383	$	28
Commercial		8		2		1		11		352		363		1
Wholesale		-		-		-		-		7,008		7,008		-
Real estate		-		-		-		-		4,361		4,361		-
Working capital		1		-		-		1		1,495		1,496		-
Total	$	442	$	82	$	29	$	553	$	58,058	$	58,611	$	29