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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Financing revenues:        
Operating lease $ 1,638 $ 1,589 $ 4,883 $ 4,649
Retail 1,498 1,511 4,501 4,418
Dealer 269 268 772 807
Total financing revenues 3,405 3,368 10,156 9,874
Depreciation on operating leases 1,105 1,012 3,188 3,061
Interest expense 1,448 1,414 4,171 4,441
Net financing revenues 852 942 2,797 2,372
Voluntary protection contract revenues and insurance earned premiums 334 303 982 898
Investment and other income, net 253 111 965 722
Net financing revenues and other revenues 1,439 1,356 4,744 3,992
Expenses:        
Provision for credit losses 152 181 328 576
Operating and administrative 484 451 1,400 1,344
Voluntary protection contract expenses and insurance losses 173 159 526 479
Total expenses 809 791 2,254 2,399
Income (loss) before income taxes 630 565 2,490 1,593
Provision for income taxes 151 136 594 378
Net income (loss) $ 479 $ 429 $ 1,896 $ 1,215