XML 82 R71.htm IDEA: XBRL DOCUMENT v3.23.1
Income Taxes - Deferred Tax Liabilities and Assets (Details) - USD ($)
$ in Millions
Mar. 31, 2023
Mar. 31, 2022
Liabilities:    
Lease transactions $ 4,786 $ 1,504
Voluntary protection dealer commissions 403 348
State taxes, net of federal tax benefit 356 275
Mark-to-market of investments in marketable securities and derivatives 0 24
Other 72 82
Deferred tax liabilities 5,617 2,233
Assets:    
Net operating loss and tax credit carryforwards 1,007 14
Provision for credit and residual value losses 478 394
Deferred costs and fees 197 179
Mark-to-market of investments in marketable securities and derivatives 150 0
Accrued expenses 23 45
Lease obligations 20 23
Other 17 14
Deferred tax assets 1,892 669
Valuation allowance (2) 0
Net deferred tax assets 1,890 669
Net deferred income tax liability [1] $ 3,727 $ 1,564
[1] Balance includes deferred tax assets of $16 million and $6 million at March 31, 2023 and 2022, respectively, attributable to unrealized losses included in accumulated other comprehensive loss. The change in this balance is not included in the total deferred tax expense.