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Related Party Transactions - Related Party Transactions Included in Consolidated Statements of Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Net financing revenues:        
Depreciation on operating leases $ (1,450) $ (1,712) $ (4,484) $ (4,920)
Insurance earned premiums and contract revenues:        
Insurance premiums and contract revenues 241 231 714 692
Expenses:        
Operating and administrative expenses 354 406 1,088 1,101
TMCC-affiliated companies [Member]        
Net financing revenues:        
Manufacturer's subvention and other revenues 503 526 1,504 1,546
Depreciation on operating leases (33) (16) (82) (39)
Interest expense:        
Credit support fees, interest and other expenses 26 24 93 72
Insurance earned premiums and contract revenues:        
Insurance premiums and contract revenues 43 46 130 136
Investment and other income, net:        
Interest and other income 3 7 16 19
Expenses:        
Operating and administrative expenses $ 20 $ 29 $ 63 $ 65