Allowance for Credit Losses (Tables)

3 Months Ended

Jun. 30, 2023

Loans and Leases Receivable Disclosure [Abstract]

Allowance for Credit Losses and Finance Receivables by Portfolio Segment

The following tables provide information related to our allowance for credit losses for finance receivables and certain off-balance sheet lending commitments by portfolio segment:

	Three months ended June 30, 2023
	Retail loan			Dealer products		Total
Beginning balance, April 1, 2023	$	1,430		$	83	$	1,513
Charge-offs		(134	)		-		(134	)
Recoveries		29			-		29
Provision for credit losses		158			7		165
Ending balance, June 30, 2023 ¹	$	1,483		$	90	$	1,573

1 Ending balance includes $28 million of allowance for credit losses recorded in Other liabilities on the Consolidated Balance Sheet which is related to off-balance sheet lending commitments in the dealer products portfolio.

	Three months ended June 30, 2022
	Retail loan			Dealer products			Total
Beginning balance, April 1, 2022	$	1,195		$	77		$	1,272
Charge-offs		(91	)		-			(91	)
Recoveries		15			-			15
Provision for credit losses		90			(12	)		78
Ending balance, June 30, 2022 ¹	$	1,209		$	65		$	1,274

1 Ending balance includes $26 million of allowance for credit losses recorded in Other liabilities on the Consolidated Balance Sheet which is related to off-balance sheet lending commitments in the dealer products portfolio.