Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Mar. 31, 2024

Selected Quarterly Financial Information [Abstract]

Summary of the Effects of the Change in Accounting Principle

The effects of the change in accounting principle described in Note 1 – Basis of Presentation and Significant Accounting Policies on the unaudited quarterly Consolidated Statements of Income for the year ended March 31, 2024 are summarized in the table below:

	Unaudited
	First		Second			Third		Fourth
	quarter		quarter			quarter		quarter
Year ended March 31, 2024:
Total financing revenues	$	2,904	$	2,986		$	3,098	$	3,156
Depreciation on operating leases		1,155		918			1,044		1,062
Interest expense		899		1,272			1,230		1,304
Net financing revenues		850		796			824		790
Voluntary protection contract revenues   and insurance earned premiums		271		278			282		289
Investment and other income, net		162		(18	)		495		234
Net financing revenues and other revenues		1,283		1,056			1,601		1,313
Total expenses		759		815			866		911
Income before income taxes		524		241			735		402
Provision for income taxes		132		63			174		73
Net income	$	392	$	178		$	561	$	329