Allowance for Credit Losses (Tables)

9 Months Ended

Dec. 31, 2024

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 December 31, 2024
	Retail loan			Dealer products			Total
Beginning balance, October 1, 2024	$	1,563		$	146		$	1,709
Charge-offs		(231	)		-			(231	)
Recoveries		37			-			37
Provision for credit losses		199			(18	)		181
Ending balance, December 31, 2024 ¹	$	1,568		$	128		$	1,696
	Nine months ended December 31, 2024
	Retail loan			Dealer products			Total
Beginning balance, April 1, 2024	$	1,549		$	135		$	1,684
Charge-offs		(666	)		-			(666	)
Recoveries		102			-			102
Provision for credit losses		583			(7	)		576
Ending balance, December 31, 2024 ¹	$	1,568		$	128		$	1,696

1 Ending balance includes $50 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 December 31, 2023
	Retail loan			Dealer products		Total
Beginning balance, October 1, 2023	$	1,529		$	99	$	1,628
Charge-offs		(211	)		-		(211	)
Recoveries		27			-		27
Provision for credit losses		188			18		206
Ending balance, December 31, 2023 ¹	$	1,533		$	117	$	1,650
	Nine months ended December 31, 2023
	Retail loan			Dealer products		Total
Beginning balance, April 1, 2023	$	1,430		$	83	$	1,513
Charge-offs		(536	)		-		(536	)
Recoveries		81			-		81
Provision for credit losses		558			34		592
Ending balance, December 31, 2023 ¹	$	1,533		$	117	$	1,650

1 Ending balance includes $45 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.