Segment Information (Tables)

9 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information for our reportable operating segments is summarized as follows:

	Three Months Ended December 31, 2019
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	3,044	$	-	$	-		$	3,044
Depreciation on operating leases		1,712		-		-			1,712
Interest expense		759		-		(4	)		755
Net financing revenues		573		-		4			577
Insurance earned premiums and contract revenues		-		231		-			231
Investment and other income, net		42		19		(4	)		57
Net financing and other revenues		615		250		-			865
Expenses:
Provision for credit losses		128		-		-			128
Operating and administrative expenses		318		88		-			406
Insurance losses and loss adjustment expenses		-		116		-			116
Total expenses		446		204		-			650
Income before income taxes		169		46		-			215
Provision for income taxes		23		11		-			34
Net income	$	146	$	35	$	-		$	181
	Nine Months Ended December 31, 2019
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	9,025	$	-	$	-		$	9,025
Depreciation on operating leases		4,920		-		-			4,920
Interest expense		2,081		-		(16	)		2,065
Net financing revenues		2,024		-		16			2,040
Insurance earned premiums and contract revenues		-		692		-			692
Investment and other income, net		117		171		(16	)		272
Net financing and other revenues		2,141		863		-			3,004
Expenses:
Provision for credit losses		264		-		-			264
Operating and administrative expenses		832		269		-			1,101
Insurance losses and loss adjustment expenses		-		344		-			344
Total expenses		1,096		613		-			1,709
Income before income taxes		1,045		250		-			1,295
Provision for income taxes		235		61		-			296
Net income	$	810	$	189	$	-		$	999
Total assets at December 31, 2019	$	118,228	$	5,491	$	(1,112	)	$	122,607

	Three Months Ended December 31, 2018
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	2,968	$	-	$	-		$	2,968
Depreciation on operating leases		1,717		-		-			1,717
Interest expense		705		-		(6	)		699
Net financing revenues		546		-		6			552
Insurance earned premiums and contract revenues		-		226		-			226
Investment and other income, net		43		31		(6	)		68
Net financing and other revenues		589		257		-			846
Expenses:
Provision for credit losses		110		-		-			110
Operating and administrative expenses		259		88		-			347
Insurance losses and loss adjustment expenses		-		106		-			106
Total expenses		369		194		-			563
Income before income taxes		220		63		-			283
Provision for income taxes		54		15		-			69
Net income	$	166	$	48	$	-		$	214
	Nine Months Ended December 31, 2018
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	8,694	$	-	$	-		$	8,694
Depreciation on operating leases		5,145		-		-			5,145
Interest expense		2,099		-		(16	)		2,083
Net financing revenues		1,450		-		16			1,466
Insurance earned premiums and contract revenues		-		676		-			676
Investment and other income, net		142		38		(16	)		164
Net financing and other revenues		1,592		714		-			2,306
Expenses:
Provision for credit losses		266		-		-			266
Operating and administrative expenses		762		257		-			1,019
Insurance losses and loss adjustment expenses		-		343		-			343
Total expenses		1,028		600		-			1,628
Income before income taxes		564		114		-			678
Provision for income taxes		150		28		-			178
Net income	$	414	$	86	$	-		$	500
Total assets at December 31, 2018	$	115,319	$	4,880	$	(1,077	)	$	119,122