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Investments in Operating Leases, Net (Tables)
12 Months Ended
Mar. 31, 2024
Leases, Operating [Abstract]  
Investments in Operating Leases, Net

Investments in operating leases, net consisted of the following:

 

 

 

March 31,

 

 

March 31,

 

 

 

2024

 

 

2023

 

Investments in operating leases 1

 

$

35,383

 

 

$

38,811

 

Deferred income

 

 

(609

)

 

 

(694

)

Accumulated depreciation

 

 

(6,761

)

 

 

(8,248

)

Investments in operating leases, net

 

$

28,013

 

 

$

29,869

 

1.
Includes gross securitized investments in operating leases of $13.8 billion and $15.3 billion as of March 31, 2024 and 2023, respectively.
Future Minimum Lease Payments Due to Lessor Under Investments in Operating Leases

The following table presents future minimum lease payments due to us as lessor under investments in operating leases after March 31, 2024:

 

Years ending March 31,

 

Future minimum lease payments on operating leases

 

2025

 

$

4,410

 

2026

 

 

2,950

 

2027

 

 

1,122

 

2028

 

 

44

 

2029

 

 

5

 

Thereafter

 

 

-

 

Total

 

$

8,531