Derivatives, Hedging Activities and Interest Expense (Tables)

3 Months Ended

Jun. 30, 2019

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Activity Impact on Consolidated Balance Sheet

The following tables show the financial statement line item and amount of our derivative assets and liabilities that are reported in our Consolidated Balance Sheets:

	June 30, 2019					March 31, 2019
			Fair					Fair
	Notional		value			Notional		value
Other assets:
Interest rate swaps	$	45,525	$	644		$	49,254	$	472
Foreign currency swaps		2,771		94			2,771		72
Total	$	48,296	$	738		$	52,025	$	544
Counterparty netting				(534	)				(441	)
Collateral held				(154	)				(42	)
Carrying value of derivative contracts – Other assets			$	50				$	61
Other liabilities:
Interest rate swaps	$	58,611	$	850		$	57,593	$	622
Foreign currency swaps		9,796		668			9,796		785
Total	$	68,407	$	1,518		$	67,389	$	1,407
Counterparty netting				(534	)				(441	)
Collateral posted				(982	)				(940	)
Carrying value of derivative contracts – Other liabilities			$	2				$	26

Components of Interest Expense

The following table summarizes the components of interest expense, including the location and amount of gains and losses on derivative instruments and related hedged items, as reported in our Consolidated Statements of Income:

	Three Months Ended
	June 30,
	2019			2018
Interest expense on debt	$	655		$	601
Interest expense (income) on derivatives		12			(25	)
Interest expense on debt and derivatives		667			576
Losses (gains) on debt denominated in foreign currencies		15			(646	)
(Gains) losses on foreign currency swaps		(108	)		683
Losses on U.S. dollar interest rate swaps		123			69
Total interest expense	$	697		$	682