Finance Receivables, Net (Tables)

3 Months Ended

Jun. 30, 2016

Receivables [Abstract]

Net Financing Receivables

Finance receivables, net consisted of the following:

	June 30,			March 31,
	2016			2016
Retail receivables	$	35,210		$	36,020
Securitized retail receivables		14,938			14,343
Dealer financing		15,940			15,899
		66,088			66,262
Deferred origination (fees) and costs, net		657			663
Deferred income		(888	)		(868	)
Allowance for credit losses
Retail and securitized retail receivables		(278	)		(289	)
Dealer financing		(88	)		(132	)
Total allowance for credit losses		(366	)		(421	)
Finance receivables, net	$	65,491		$	65,636

Finance Receivable Credit Quality Indicators

The tables below present each credit quality indicator by class of finance receivables:

	Retail Loan
	June 30,		March 31,
	2016		2016
Aging of finance receivables:
Current	$	49,261	$	49,590
30-59 days past due		648		584
60-89 days past due		170		129
90 days or greater past due		69		60
Total	$	50,148	$	50,363

	Wholesale				Real Estate				Working Capital
	June 30,		March 31,		June 30,		March 31,		June 30,		March 31,
	2016		2016		2016		2016		2016		2016
Credit quality indicators:
Performing	$	8,385	$	8,099	$	3,919	$	3,822	$	1,599	$	1,686
Credit Watch		954		1,041		668		763		193		229
At Risk		99		113		91		109		15		17
Default		7		9		10		10		-		1
Total	$	9,445	$	9,262	$	4,688	$	4,704	$	1,807	$	1,933

Summary of Impaired Loans by Class of Finance Receivable

Impaired Finance Receivables

The following table summarizes the information related to our impaired loans by class of finance receivables: 

	Impaired								Individually Evaluated
	Finance Receivables				Unpaid Principal Balance				Allowance
	June 30,		March 31,		June 30,		March 31,		June 30,		March 31,
	2016		2016		2016		2016		2016		2016
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	40	$	98	$	40	$	98	$	5	$	9
Real estate		91		119		91		119		13		15
Working capital		34		37		34		37		12		30
Total	$	165	$	254	$	165	$	254	$	30	$	54
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	194	$	185	$	194	$	185
Real estate		108		98		108		98
Working capital		-		3		-		3
Total	$	302	$	286	$	302	$	286
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	225	$	226	$	223	$	223
Total	$	225	$	226	$	223	$	223
Total impaired account balances:
Retail loan	$	225	$	226	$	223	$	223
Wholesale		234		283		234		283
Real estate		199		217		199		217
Working capital		34		40		34		40
Total	$	692	$	766	$	690	$	763

The following table summarizes the average impaired loans by class of finance receivables as of the balance sheet date and the interest income recognized on these loans:

	Average Impaired FinanceReceivables				Interest Income Recognized
	Three Months Ended June 30,				Three Months Ended June 30,
	2016		2015		2016		2015
Impaired account balances individually evaluated for impairment with an allowance:
Wholesale	$	69	$	89	$	-	$	-
Real estate		105		71		1		1
Working capital		35		35		-		-
Total	$	209	$	195	$	1	$	1
Impaired account balances individually evaluated for impairment without an allowance:
Wholesale	$	189	$	103	$	2	$	-
Real estate		103		85		1		1
Working capital		2		3		-		-
Total	$	294	$	191	$	3	$	1
Impaired account balances aggregated and evaluated for impairment:
Retail loan	$	226	$	262	$	4	$	5
Total	$	226	$	262	$	4	$	5
Total impaired account balances:
Retail loan	$	226	$	262	$	4	$	5
Wholesale		258		192		2		-
Real estate		208		156		2		2
Working capital		37		38		-		-
Total	$	729	$	648	$	8	$	7