Finance Receivables, Net (Tables)

3 Months Ended

Dec. 31, 2014

Finance Receivables, Net [Abstract]

Net Financing Receivables

(Dollars in millions)			December 31, 2014		March 31, 2014
Retail receivables			$	41,383	$	40,216
Securitized retail receivables				9,757		9,633
Dealer financing				16,060		15,925
				67,200		65,774
Deferred origination (fees) and costs, net				645		651
Deferred income				(920)		(863)
Allowance for credit losses
	Retail and securitized retail receivables			(298)		(298)
	Dealer financing			(79)		(88)
		Total allowance for credit losses		(377)		(386)
Finance receivables, net			$	66,548	$	65,176

Finance Receivable Credit Quality Indicators

		Retail Loan				Commercial
(Dollars in millions)		December 31, 2014		March 31, 2014		December 31, 2014		March 31, 2014
Aging of finance receivables:
	Current	$	49,779	$	48,828	$	494	$	432
	30-59 days past due		668		459		8		6
	60-89 days past due		144		90		1		1
	90 days or greater past due		46		33		-		-
Total		$	50,637	$	49,410	$	503	$	439
		Wholesale				Real Estate				Working Capital
(Dollars in millions)		December 31, 2014		March 31, 2014		December 31, 2014		March 31, 2014		December 31, 2014		March 31, 2014
Credit quality indicators:
	Performing	$	8,372	$	8,129	$	3,970	$	3,791	$	1,712	$	1,642
	Credit Watch		1,094		1,282		722		855		149		158
	At Risk		15		24		-		12		22		25
	Default		-		1		4		-		-		6
Total		$	9,481	$	9,436	$	4,696	$	4,658	$	1,883	$	1,831

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, 2014 and March 31, 2014:
	Impaired								Individually Evaluated
	Finance Receivables				Unpaid Principal Balance				Allowance
	December 31,		March 31,		December 31,		March 31,		December 31,		March 31,
(Dollars in millions)	2014		2014		2014		2014		2014		2014
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	15	$	13	$	15	$	13	$	2	$	1
Real estate		14		27		14		27		4		8
Working capital		22		23		22		23		22		22
Total	$	51	$	63	$	51	$	63	$	28	$	31
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	72	$	51	$	72	$	51
Real estate		83		90		83		90
Working capital		3		4		3		4
Total	$	158	$	145	$	158	$	145
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	277	$	322	$	273	$	318
Commercial		1		1		1		1
Total	$	278	$	323	$	274	$	319
Total impaired account balances:
Retail loan	$	277	$	322	$	273	$	318
Commercial		1		1		1		1
Wholesale		87		64		87		64
Real estate		97		117		97		117
Working capital		25		27		25		27
Total	$	487	$	531	$	483	$	527

	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)	2014		2013		2014		2013		2014		2013		2014		2013
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	17	$	15	$	17	$	17	$	-	$	-	$	-	$	-
Real estate		14		31		20		33		-		-		-		1
Working capital		23		23		23		24		-		-		1		1
Total	$	54	$	69	$	60	$	74	$	-	$	-	$	1	$	2
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	62	$	61	$	56	$	61	$	-	$	1	$	1	$	1
Real estate		89		92		91		93		1		1		2		3
Working capital		3		4		3		5		-		-		-		-
Total	$	154	$	157	$	150	$	159	$	1	$	2	$	3	$	4
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	284	$	355	$	301	$	379	$	5	$	7	$	17	$	22
Commercial		1		1		1		1		-		-		-		-
Total	$	285	$	356	$	302	$	380	$	5	$	7	$	17	$	22
Total impaired account balances:
Retail loan	$	284	$	355	$	301	$	379	$	5	$	7	$	17	$	22
Commercial		1		1		1		1		-		-		-		-
Wholesale		79		76		73		78		-		1		1		1
Real estate		103		123		111		126		1		1		2		4
Working capital		26		27		26		29		-		-		1		1
Total	$	493	$	582	$	512	$	613	$	6	$	9	$	21	$	28