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Related Party Transactions - Related Party Transactions Included in Consolidated Statements of Income (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Voluntary protection contract revenues and insurance earned premiums:              
Voluntary protection contract revenues and insurance earned premiums $ 289 $ 282 $ 278 $ 271 $ 1,120 $ 1,053 $ 1,015
Expenses:              
Operating and administrative         1,920 1,776 1,697
TMCC-affiliated companies [Member]              
Net financing revenues:              
Manufacturer's subvention and other revenues         985 1,243 1,746
Depreciation on operating leases         (68) 106 (75)
Interest expense:              
Credit support fees, interest and other expenses         103 96 99
Voluntary protection contract revenues and insurance earned premiums:              
Voluntary protection contract revenues and insurance earned premiums         152 156 168
Investment and other income, net:              
Interest and other income         62 35 3
Expenses:              
Operating and administrative         $ 94 $ 107 $ 82