The assets and liabilities related to the on-balance sheet asset-backed financings included in the Consolidated balance sheet at March 31, 2025 were as follows (in thousands):





	March 31, 2025
	Finance receivables		Allowance for credit losses		Restricted cash		Other assets		Total assets		Asset-backed debt, net
On-balance sheet assets and liabilities:
Consolidated VIEs:
Asset-backed securitizations	$	2,124,680	$	(120,775)	$	120,794	$	4,856	$	2,129,555	$	1,658,745
Asset-backed U.S. commercial paper conduit facility	598,290		(33,952)		38,507		2,296		605,141		531,260
Unconsolidated VIEs:
Asset-backed Canadian commercial paper conduit facility	78,457		(3,682)		6,791		134		81,700		68,275
	$	2,801,427	$	(158,409)	$	166,092	$	7,286	$	2,816,396	$	2,258,280