Allowance for Credit Losses (Tables)

3 Months Ended

Sep. 30, 2013

Allowance for Credit Losses [Abstract]

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

	Three Months Ended				Six Months Ended
	September 30,				September 30,
(Dollars in millions)		2013		2012		2013		2012
Allowance for credit losses at beginning of period	$	501	$	606	$	527	$	619
Provision for credit losses		28		3		39		19
Charge-offs, net of recoveries		(62)		(60)		(99)		(89)
Allowance for credit losses at end of period	$	467	$	549	$	467	$	549

Allowance for Credit Losses and Finance Receivables by Portfolio Segment

(Dollars in millions)	Retail Loan		Commercial		Dealer Products		Total
Allowance for Credit Losses for Finance Receivables:
Beginning balance, July 1, 2013	$	309	$	3	$	112	$	424
Charge-offs		(67)		-		-		(67)
Recoveries		16		-		-		16
Provisions		32		1		(10)		23
Ending balance, September 30, 2013	$	290	$	4	$	102	$	396
Beginning balance, April 1, 2013	$	333	$	5	$	107	$	445
Charge-offs		(116)		(1)		-	$	(117)
Recoveries		35		-		-		35
Provisions		38		-		(5)		33
Ending balance, September 30, 2013	$	290	$	4	$	102	$	396
Ending balance: Individually evaluated for impairment	$	-	$	-	$	33	$	33
Ending balance: Collectively evaluated for impairment	$	290	$	4	$	69	$	363
Gross Finance Receivables:
Ending balance, September 30, 2013	$	49,591	$	395	$	14,857	$	64,843
Ending balance: Individually evaluated for impairment	$	-	$	-	$	220	$	220
Ending balance: Collectively evaluated for impairment	$	49,591	$	395	$	14,637	$	64,623

(Dollars in millions)	Retail Loan		Commercial		Dealer Products		Total
Allowance for Credit Losses for Finance Receivables:
Beginning balance, July 1, 2012	$	356	$	6	$	153	$	515
Charge-offs		(65)		-		-		(65)
Recoveries		15		-		-		15
Provisions		27		(1)		(31)		(5)
Ending balance, September 30, 2012	$	333	$	5	$	122	$	460
Beginning balance, April 1, 2012	$	395	$	10	$	119	$	524
Charge-offs		(109)		(1)		-		(110)
Recoveries		33		-		-		33
Provisions		14		(4)		3		13
Ending balance, September 30, 2012	$	333	$	5	$	122	$	460
Ending balance: Individually evaluated for
impairment	$	-	$	-	$	45	$	45
Ending balance: Collectively evaluated for
impairment	$	333	$	5	$	77	$	415
Gross Finance Receivables:
Ending balance, September 30, 2012	$	47,355	$	361	$	13,956	$	61,672
Ending balance: Individually evaluated for
impairment	$	-	$	-	$	258	$	258
Ending balance: Collectively evaluated for
impairment	$	47,355	$	361	$	13,698	$	61,414

Past Due Finance Receivables and Investments in Operating Leases

(Dollars in millions)		September 30, 2013			March 31, 2013
Aggregate balances 60 or more days past due
	Finance receivables		$	150		$	119
	Operating leases			39			36
Total			$	189		$	155

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 September 30, 2013
Retail loan	$	526	$	113	$	36	$	675	$	48,916	$	49,591	$	36
Commercial		6		1		-		7		388		395		-
Wholesale		-		-		-		-		8,557		8,557		-
Real estate		5		-		-		5		4,574		4,579		-
Working capital		-		-		-		-		1,721		1,721		-
Total	$	537	$	114	$	36	$	687	$	64,156	$	64,843	$	36
(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