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Commitments and Contingencies (Tables)
12 Months Ended
Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Guarantees

We have entered into certain commitments and guarantees for which the maximum unfunded amounts are summarized in the table below:

 

 

 

March 31,

 

 

March 31,

 

 

 

2023

 

 

2022

 

Commitments:

 

 

 

 

 

 

Credit facilities commitments with dealers

 

$

3,153

 

 

$

3,289

 

Commitments under operating lease agreements

 

 

106

 

 

 

119

 

Total commitments

 

 

3,259

 

 

 

3,408

 

Guarantees of affiliate pollution control and solid waste disposal bonds

 

 

100

 

 

 

100

 

Total commitments and guarantees

 

$

3,359

 

 

$

3,508

 

Summary of Commitments under Operating Lease Agreements

Our commitments under operating lease agreements are summarized below:

 

 

March 31,

 

Years ending March 31,

 

2023

 

2024

 

$

18

 

2025

 

 

15

 

2026

 

 

14

 

2027

 

 

13

 

2028

 

 

13

 

Thereafter

 

 

33

 

Total

 

$

106

 

Present value discount

 

 

(11

)

Total operating lease liability

 

$

95

 

Summary of Additional Information Related to Operating Lease Agreements

The following table provides additional information related to operating lease agreements for which we are the lessee:

 

 

 

March 31,

 

 

 

2023

 

ROU assets

 

$

83

 

Weighted average remaining lease term (in years)

 

 

7.6

 

Weighted average discount rate

 

 

2.86

%