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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net income $ 1,215 $ 1,131
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,128 3,172
Recognition of deferred income and fees (1,165) (1,151)
Provision for credit losses 576 592
Amortization of deferred costs 790 772
Foreign currency and other adjustments to the carrying value of financial instruments, net (219) 325
Net (gains) losses from investments in marketable securities (45) (103)
Net change in:    
Derivative assets 1 6
Other assets and accrued interest (291) (14)
Deferred income taxes 68 (556)
Derivative liabilities 17 32
Other liabilities 423 1,269
Net cash provided by operating activities 4,498 5,475
Cash flows from investing activities:    
Purchase of investments in marketable securities (544) (548)
Proceeds from sales of investments in marketable securities 312 735
Proceeds from maturities of investments in marketable securities 93 80
Acquisition of finance receivables (40,559) (41,089)
Collection of finance receivables 37,754 32,684
Net change in certain wholesale receivables 247 (2,793)
Acquisition of investments in operating leases (13,858) (9,865)
Proceeds from disposals of investments in operating leases 9,138 8,616
Long term loans to affiliates (853) (1,010)
Payments on long term loans from affiliates 410 669
Net change in financing support provided to affiliates 39 56
Other, net (41) (30)
Net cash used in investing activities (7,862) (12,495)
Cash flows from financing activities:    
Proceeds from issuance of debt 34,934 29,718
Payments on debt (31,818) (23,192)
Net change in commercial paper and other short-term financing 25 456
Net change in financing support provided by affiliates (8) 0
Net cash provided by financing activities 3,133 6,982
Net decrease in cash and cash equivalents and restricted cash and cash equivalents (231) (38)
Cash and cash equivalents and restricted cash and cash equivalents at the beginning of the period 10,821 8,488
Cash and cash equivalents and restricted cash and cash equivalents at the end of the period 10,590 8,450
Supplemental disclosures:    
Interest paid, net 3,612 2,785
Income taxes paid, net $ 388 $ 31