Line of Business Results (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Financial Information of Business Groups

Three months ended September 30,	Key Community Bank						Key Corporate Bank
dollars in millions	2016			2015			2016			2015
SUMMARY OF OPERATIONS
Net interest income (TE)	$	530		$	379		$	276		$	221
Noninterest income	249			200			277			233
Total revenue (TE) (a)	779			579			553			454
Provision for credit losses	37			18			25			30
Depreciation and amortization expense	17			14			15			11
Other noninterest expense	561			430			292			239
Income (loss) from continuing operations before income taxes (TE)	164			117			221			174
Allocated income taxes and TE adjustments	61			43			62			41
Income (loss) from continuing operations	103			74			159			133
Income (loss) from discontinued operations, net of taxes	—			—			—			—
Net income (loss)	103			74			159			133
Less: Net income (loss) attributable to noncontrolling interests	—			—			—			(3		)
Net income (loss) attributable to Key	$	103		$	74		$	159		$	136
AVERAGE BALANCES(b)
Loans and leases	$	41,548		$	31,039		$	34,561		$	26,425
Total assets (a)	44,219			33,155			40,581			32,099
Deposits	69,397			51,234			22,708			18,809
OTHER FINANCIAL DATA
Net loan charge-offs (b)	$	31		$	21		$	12		$	20
Return on average allocated equity (b)	11.41		%	10.92		%	25.86		%	28.29		%
Return on average allocated equity	11.41			10.92			25.88			28.29
Average full-time equivalent employees (c)	9,803			7,476			2,331			2,173

Nine months ended September 30,	Key Community Bank						Key Corporate Bank
dollars in millions	2016			2015			2016			2015
SUMMARY OF OPERATIONS
Net interest income (TE)	$	1,320		$	1,099		$	715		$	662
Noninterest income	651			588			715			672
Total revenue (TE) (a)	1,971			1,687			1,430			1,334
Provision for credit losses	103			50			98			77
Depreciation and amortization expense	41			42			41			31
Other noninterest expense	1,417			1,286			761			694
Income (loss) from continuing operations before income taxes (TE)	410			309			530			532
Allocated income taxes and TE adjustments	153			115			119			140
Income (loss) from continuing operations	257			194			411			392
Income (loss) from discontinued operations, net of taxes	—			—			—			—
Net income (loss)	257			194			411			392
Less: Net income (loss) attributable to noncontrolling interests	—			—			(1		)	(2		)
Net income (loss) attributable to Key	$	257		$	194		$	412		$	394
AVERAGE BALANCES (b)
Loans and leases	$	34,450		$	30,804		$	30,312		$	25,488
Total assets (a)	36,707			32,912			35,985			31,178
Deposits	58,704			50,807			19,980			19,030
OTHER FINANCIAL DATA
Net loan charge-offs (b)	$	72		$	69		$	57		$	28
Return on average allocated equity (b)	11.45		%	9.60		%	25.13		%	28.40		%
Return on average allocated equity	11.45			9.60			25.13			28.40
Average full-time equivalent employees (c)	8,176			7,564			2,199			2,096

(a) Substantially all revenue generated by our major business segments is derived from clients that reside in the United States. Substantially all long-lived assets, including premises and equipment, capitalized software, and goodwill held by our major business segments, are located in the United States.

(b) From continuing operations.

(c) The number of average full-time equivalent employees was not adjusted for discontinued operations.

Other Segments						Total Segments						Reconciling Items						Key
2016			2015			2016			2015			2016			2015			2016			2015
$	(14	)	$	(4	)	$	792		$	596		$	(4	)	$	2		$	788		$	598
31			39			557			472			(8		)	(2		)	549			470
17			35			1,349			1,068			(12		)	—			1,337			1,068
(3		)	(4		)	59			44			—			1			59			45
1			2			33			27			44			35			77			62
10			12			863			681			142			(19		)	1,005			662
9			25			394			316			(198		)	(17		)	196			299
(7		)	(2		)	116			82			(92		)	(3		)	24			79
16			27			278			234			(106		)	(14		)	172			220
—			—			—			—			1			(3		)	1			(3		)
16			27			278			234			(105		)	(17		)	173			217
—			1			—			(2		)	1			—			1			(2		)
$	16		$	26		$	278		$	236		$	(106	)	$	(17	)	$	172		$	219
$	1,444		$	1,780		$	77,553		$	59,244		$	144		$	37		$	77,697		$	59,281
37,327			26,870			122,127			92,124			1,342			525			123,469			92,649
2,021			455			94,126			70,498			792			(29		)	94,918			70,469
—			$	1		$	43		$	42		1			$	—		$	44		$	42
35.76		%	50.32		%	17.79		%	19.50		%	(5.80		)%	(.96		)%	5.02		%	8.30		%
35.36			49.12			17.79			19.48			(5.75		)	(1.16		)	5.05			8.18
14			14			12,148			9,663			4,931			3,892			17,079			13,555

.

Other Segments						Total Segments						Reconciling Items						Key
2016			2015			2016			2015			2016			2015			2016			2015
$	(34	)	$	(2	)	$	2,001		$	1,759		$	4		$	7		$	2,005		$	1,766
103			146			1,469			1,406			(16		)	(11		)	1,453			1,395
69			144			3,470			3,165			(12		)	(4		)	3,458			3,161
(2		)	(7		)	199			120			1			1			200			121
4			6			86			79			117			112			203			191
30			35			2,208			2,015			125			(102		)	2,333			1,913
37			110			977			951			(255		)	(15		)	722			936
(18		)	7			254			262			(89		)	(12		)	165			250
55			103			723			689			(166		)	(3		)	557			686
—			—			—			—			5			5			5			5
55			103			723			689			(161		)	2			562			691
1			3			—			1			—			—			—			1
$	54		$	100		$	723		$	688		$	(161	)	$	2		$	562		$	690
$	1,522		$	1,908		$	66,284		$	58,200		$	91		$	63		$	66,375		$	58,263
31,746			26,616			104,438			90,706			749			616			105,187			91,322
1,252			454			79,936			70,291			258			(62		)	80,194			70,229
$	5		$	8		$	134		$	105		$	(1	)	—			$	133		$	105
40.98		%	61.05		%	18.00		%	19.26		%	3.40		%	(.07		)%	6.26		%	8.65		%
40.07			59.69			17.99			19.24			3.29			.05			6.31			8.70
9			15			10,384			9,675			4,258			3,850			14,642			13,525

The table on the following pages shows selected financial data for our major business segments for the three- and nine-month periods ended September 30, 2016, and September 30, 2015.