Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Dec. 31, 2015	Mar. 31, 2015
Assets
Cash and cash equivalents	$ 675	$ 634
Finance receivables, net	35,725	38,464
Investment in operating leases, net	27,220	24,439
Due from Parent and affiliated companies	92	104
Income taxes receivable	659	66
Vehicles held for disposition	163	138
Other assets	725	723
Derivative instruments	212	237
Total assets	65,471	64,805
Liabilities and Equity
Debt	44,117	44,689
Due to Parent and affiliated companies	89	71
Accrued interest expense	110	93
Deferred income taxes	7,861	7,145
Other liabilities	1,287	1,246
Derivative instruments	244	371
Total liabilities	$ 53,708	$ 53,615
Commitments and contingencies
Shareholder’s equity:
Common stock, $100 par value. Authorized 15,000,000 shares; issued and outstanding 13,660,000 shares as of December 31, 2015 and March 31, 2015	$ 1,366	$ 1,366
Retained earnings	9,894	9,248
Accumulated other comprehensive loss	(136)	(75)
Total shareholder’s equity	11,124	10,539
Noncontrolling interest in subsidiary	639	651
Total equity	11,763	11,190
Total liabilities and equity	65,471	64,805
Consolidated variable interest entities
Assets
Finance receivables, net	7,865	7,354
Vehicles held for disposition	4	3
Other assets	295	270
Total assets	8,164	7,627
Liabilities and Equity
Secured debt	7,483	7,365
Accrued interest expense	3	2
Total liabilities	$ 7,486	$ 7,367