Finance Receivables, Net (Tables)

3 Months Ended

Jun. 30, 2013

Finance Receivables, Net [Abstract]

Net Financing Receivables

(Dollars in millions)			June 30, 2013		March 31, 2013
Retail receivables			$	40,001	$	40,508
Pledged retail receivables				8,725		7,669
Dealer financing				15,793		14,995
				64,519		63,172
Deferred origination (fees) and costs, net				637		634
Deferred income				(821)		(794)
Allowance for credit losses
	Retail and pledged retail receivables			(312)		(338)
	Dealer financing			(112)		(107)
		Total allowance for credit losses		(424)		(445)
Finance receivables, net			$	63,911	$	62,567

Finance Receivable Credit Quality Indicators

		Retail Loan				Commercial
(Dollars in millions)		June 30, 2013		March 31, 2013		June 30, 2013		March 31, 2013
Aging of finance receivables:
	Current	$	47,712	$	47,236	$	372	$	362
	30-59 days past due		492		454		6		6
	60-89 days past due		111		87		1		1
	90 days past due		32		31		-		-
Total		$	48,347	$	47,808	$	379	$	369
		Wholesale				Real Estate				Working Capital
(Dollars in millions)		June 30, 2013		March 31, 20131		June 30, 2013		March 31, 2013		June 30, 2013		March 31, 2013
Credit quality indicators:
	Performing	$	8,622	$	7,740	$	4,013	$	3,968	$	1,656	$	1,616
	Credit Watch		786		915		535		583		72		80
	At Risk		39		33		28		28		27		28
	Default		4		1		8		1		3		2
Total		$	9,451	$	8,689	$	4,584	$	4,580	$	1,758	$	1,726
1 Certain prior period amounts have been reclassified to conform to the current period presentation.

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 June 30, 2013 and March 31, 2013:
	Impaired								Individually Evaluated
	Finance Receivables				Unpaid Principal Balance				Allowance
	June 30,		March 31,		June 30,		March 31,		June 30,		March 31,
(Dollars in millions)	2013		2013		2013		2013		2013		2013
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	24	$	16	$	24	$	16	$	4	$	3
Real estate		38		33		38		33		7		7
Working capital		25		24		25		24		24		23
Total	$	87	$	73	$	87	$	73	$	35	$	33
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	55	$	66	$	55	$	66
Real estate		93		97		93		97
Working capital		5		5		5		5
Total	$	153	$	168	$	153	$	168
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	389	$	415	$	385	$	410
Commercial		1		1		1		1
Total	$	390	$	416	$	386	$	411
Total impaired account balances:
Retail loan	$	389	$	415	$	385	$	410
Commercial		1		1		1		1
Wholesale		79		82		79		82
Real estate		131		130		131		130
Working capital		30		29		30		29
Total	$	630	$	657	$	626	$	652

		Average Impaired Finance Receivables				Interest Income Recognized
		Three Months Ended June 30,				Three Months Ended June 30,
(Dollars in millions)		2013		2012		2013		2012
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	20	$	23	$	-	$	-
Real estate		36		137		-		1
Working capital		24		31		1		-
Total	$	80		191		1	$	1
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	60	$	60	$	-	$	-
Real estate		96		-		1		-
Working capital		5		1		-		-
Total	$	161	$	61	$	1	$	-
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	402	$	489	$	8	$	10
Commercial		1		1		-		-
Total	$	403	$	490	$	8	$	10
Total impaired account balances:
Retail loan	$	402	$	489	$	8	$	10
Commercial		1		1		-		-
Wholesale		80		83		-		-
Real estate		132		137		1		1
Working capital		29		32		1		-
Total	$	644	$	742	$	10	$	11