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Related Party Transactions (Tables)
9 Months Ended
Dec. 31, 2015
Related Party Transactions [Abstract]  
Related Party Transactions Included in Consolidated Statement of Income

 

 

 

Three Months Ended

Nine Months Ended

 

 

 

December 31,

December 31,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Net financing revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Manufacturers’ subvention support and other revenues

 

$

335

 

 

$

315

 

 

$

982

 

 

$

884

 

Origination costs paid to affiliates

 

$

-

 

 

$

-

 

 

$

(1

)

 

$

-

 

Credit support fees incurred

 

$

(24

)

 

$

(23

)

 

$

(69

)

 

$

(66

)

Interest and other expenses paid to affiliates

 

$

(1

)

 

$

(1

)

 

$

(3

)

 

$

(2

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance earned premiums and contract revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Affiliate insurance premiums and contract revenues

 

$

33

 

 

$

32

 

 

$

98

 

 

$

97

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments and other income, net:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest earned on notes receivable from affiliates

 

$

1

 

 

$

1

 

 

$

4

 

 

$

3

 

Gain on sale of commercial finance business

 

$

197

 

 

$

-

 

 

$

197

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shared services charges and other expenses

 

$

7

 

 

$

16

 

 

$

34

 

 

$

48

 

Employee benefits expense

 

$

8

 

 

$

5

 

 

$

24

 

 

$

18

 

Insurance losses and loss adjustment expenses

 

$

1

 

 

$

-

 

 

$

1

 

 

$

-

 

 

Related Party Transactions Included in Consolidated Balance Sheet

 

 

 

December 31,

 

 

March 31,

 

 

 

2015

 

 

2015

 

Assets:

 

 

 

 

 

 

 

 

Investments in marketable securities

 

 

 

 

 

 

 

 

Investments in affiliates’ commercial paper

 

$

-

 

 

$

37

 

 

 

 

 

 

 

 

 

 

Finance receivables, net

 

 

 

 

 

 

 

 

Accounts receivable from affiliates

 

$

99

 

 

$

83

 

Direct finance lease receivables from affiliates

 

$

-

 

 

$

6

 

Notes receivable under home loan programs

 

$

9

 

 

$

11

 

Deferred retail origination costs paid to affiliates

 

$

1

 

 

$

1

 

Deferred retail subvention income from affiliates

 

$

(828

)

 

$

(802

)

 

 

 

 

 

 

 

 

 

Investments in operating leases, net

 

 

 

 

 

 

 

 

Leases to affiliates

 

$

2

 

 

$

7

 

Deferred lease origination costs paid to affiliates

 

$

1

 

 

$

1

 

Deferred lease subvention income from affiliates

 

$

(1,068

)

 

$

(950

)

 

 

 

 

 

 

 

 

 

Other assets

 

 

 

 

 

 

 

 

Notes receivable from affiliates

 

$

1,126

 

 

$

1,184

 

Other receivables from affiliates

 

$

41

 

 

$

6

 

Subvention support receivable from affiliates

 

$

139

 

 

$

126

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

Other liabilities

 

 

 

 

 

 

 

 

Unearned affiliate insurance premiums and contract revenues

 

$

265

 

 

$

252

 

Accounts payable to affiliates

 

$

81

 

 

$

136

 

Notes payable to affiliates

 

$

5

 

 

$

24

 

 

 

 

 

 

 

 

 

 

Shareholder’s Equity:

 

 

 

 

 

 

 

 

Stock-based compensation

 

$

2

 

 

$

2