Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2018

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Common Share

Our basic and diluted earnings per Common Share are calculated as follows:

	Three months ended June 30,				Six months ended June 30,
dollars in millions, except per share amounts	2018		2017		2018		2017
EARNINGS
Income (loss) from continuing operations	$	479	$	407	$	895	$	732
Less: Net income (loss) attributable to noncontrolling interests	—		—		—		1
Income (loss) from continuing operations attributable to Key	479		407		895		731
Less: Dividends on Preferred Stock	15		14		29		42
Income (loss) from continuing operations attributable to Key common shareholders	464		393		866		689
Income (loss) from discontinued operations, net of taxes	3		5		5		5
Net income (loss) attributable to Key common shareholders	$	467	$	398	$	871	$	694
WEIGHTED-AVERAGE COMMON SHARES
Weighted-average common shares outstanding (000)	1,052,652		1,076,203		1,054,378		1,083,486
Effect of Common Share options and other stock awards	13,141		16,836		14,561		15,808
Weighted-average Common Shares and potential Common Shares outstanding (000) (a)	1,065,793		1,093,039		1,068,939		1,099,294
EARNINGS PER COMMON SHARE
Income (loss) from continuing operations attributable to Key common shareholders	$	.44	$	.36	$	.82	$	.64
Income (loss) from discontinued operations, net of taxes	—		—		—		—
Net income (loss) attributable to Key common shareholders (b)	.44		.37		.82		.64
Income (loss) from continuing operations attributable to Key common shareholders — assuming dilution	$	.44	$	.36	$	.81	$	.63
Income (loss) from discontinued operations, net of taxes	—		—		—		—
Net income (loss) attributable to Key common shareholders — assuming dilution (b)	.44		.36		.81		.63

(a)

Assumes conversion of Common Share options and other stock awards and/or convertible preferred stock, as applicable.