Six months ended June 30, | Year ended December 31, | |||||||||||||||||||||
2017 | 2016 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
Computation of Earnings | ||||||||||||||||||||||
Net income (loss) attributable to Key | $ | 736 | $ | 390 | $ | 791 | $ | 916 | $ | 900 | $ | 910 | $ | 858 | ||||||||
Add: Provision for income taxes | 252 | 125 | 179 | 303 | 326 | 271 | 231 | |||||||||||||||
Less: Income (loss) from discontinued operations, net of taxes | 5 | 4 | 1 | 1 | (39 | ) | 40 | 23 | ||||||||||||||
Income (loss) before income taxes and cumulative effect of accounting change | 983 | 511 | 969 | 1,218 | 1,265 | 1,141 | 1,066 | |||||||||||||||
Fixed charges, excluding interest on deposits | 163 | 109 | 246 | 185 | 160 | 154 | 200 | |||||||||||||||
Total earnings for computation, excluding interest on deposits | 1,146 | 620 | 1,215 | 1,403 | 1,425 | 1,295 | 1,266 | |||||||||||||||
Interest on deposits | 124 | 65 | 171 | 105 | 117 | 158 | 257 | |||||||||||||||
Total earnings for computation, including interest on deposits | $ | 1,270 | $ | 685 | $ | 1,386 | $ | 1,508 | $ | 1,542 | $ | 1,453 | $ | 1,523 | ||||||||
Computation of Fixed Charges | ||||||||||||||||||||||
Net rental expense | $ | 68 | $ | 53 | $ | 110 | $ | 104 | $ | 104 | $ | 111 | $ | 109 | ||||||||
Portion of net rental expense deemed representative of interest | $ | 11 | $ | 8 | $ | 17 | $ | 16 | $ | 16 | $ | 17 | $ | 16 | ||||||||
Interest on short-term borrowed funds | 10 | 5 | 11 | 9 | 11 | 10 | 11 | |||||||||||||||
Interest on long-term debt | 142 | 96 | 218 | 160 | 133 | 127 | 173 | |||||||||||||||
Total fixed charges, excluding interest on deposits | 163 | 109 | 246 | 185 | 160 | 154 | 200 | |||||||||||||||
Interest on deposits | 124 | 65 | 171 | 105 | 117 | 158 | 257 | |||||||||||||||
Total fixed charges, including interest on deposits | $ | 287 | $ | 174 | $ | 417 | $ | 290 | $ | 277 | $ | 312 | $ | 457 | ||||||||
Combined Fixed Charges and Preferred Stock Dividends | ||||||||||||||||||||||
Preferred stock dividend requirement on a pre-tax basis | $ | 42 | $ | 11 | $ | 37 | $ | 23 | $ | 22 | $ | 23 | $ | 22 | ||||||||
Total fixed charges, excluding interest on deposits | 163 | 109 | 246 | 185 | 160 | 154 | 200 | |||||||||||||||
Combined fixed charges and preferred stock dividends, excluding interest on deposits | 205 | 120 | 283 | 208 | 182 | 177 | 222 | |||||||||||||||
Interest on deposits | 124 | 65 | 171 | 105 | 117 | 158 | 257 | |||||||||||||||
Combined fixed charges and preferred stock dividends, including interest on deposits | $ | 329 | $ | 185 | $ | 454 | $ | 313 | $ | 299 | $ | 335 | $ | 479 | ||||||||
Ratio of Earnings to Fixed Charges | ||||||||||||||||||||||
Excluding deposit interest | 7.03 | 5.69 | 4.94 | 7.58 | 8.91 | 8.41 | 6.33 | |||||||||||||||
Including deposit interest | 4.43 | 3.94 | 3.32 | 5.20 | 5.57 | 4.66 | 3.33 | |||||||||||||||
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends | ||||||||||||||||||||||
Excluding deposit interest | 5.59 | 5.17 | 4.29 | 6.75 | 7.83 | 7.32 | 5.70 | |||||||||||||||
Including deposit interest | 3.86 | 3.70 | 3.05 | 4.82 | 5.16 | 4.34 | 3.18 | |||||||||||||||