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Related Party Transactions - Related Party Transactions Included in Consolidated Statements of Income (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Net financing revenues:                      
Depreciation on operating leases $ (1,900) $ (1,712) $ (1,583) $ (1,625) $ (1,764) $ (1,717) $ (1,662) $ (1,766) $ (6,820) $ (6,909) $ (7,041)
Insurance earned premiums and contract revenues:                      
Insurance premiums and contract revenues 241 231 232 229 228 226 226 224 933 904 882
Expenses:                      
Operating and administrative expenses $ 460 $ 406 $ 358 $ 337 $ 366 $ 347 $ 348 $ 324 1,561 1,385 1,357
TMCC-affiliated companies [Member]                      
Net financing revenues:                      
Manufacturer's subvention and other revenues                 2,065 1,930 1,590
Depreciation on operating leases                 (59) (24) (12)
Interest expense:                      
Credit support fees, interest and other expenses                 96 96 95
Insurance earned premiums and contract revenues:                      
Insurance premiums and contract revenues                 181 181 182
Investment and other income, net:                      
Interest and other income                 26 16 13
Expenses:                      
Operating and administrative expenses                 102 95 80
Insurance losses and loss adjustment expenses [1]                 $ 0 $ (3) $ (3)
[1] Amount includes the transfer of insurance losses and loss adjustment expenses under a reinsurance contract.