Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2019

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	2019		2018		2019		2018
EARNINGS
Income (loss) from continuing operations	$	423	$	479	$	829	$	895
Less: Net income (loss) attributable to noncontrolling interests	—		—		—		—
Income (loss) from continuing operations attributable to Key	423		479		829		895
Less: Dividends on Preferred Stock	20		15		40		29
Income (loss) from continuing operations attributable to Key common shareholders	403		464		789		866
Income (loss) from discontinued operations, net of taxes	2		3		3		5
Net income (loss) attributable to Key common shareholders	$	405	$	467	$	792	$	871
WEIGHTED-AVERAGE COMMON SHARES
Weighted-average Common Shares outstanding (000)	999,163		1,052,652		1,003,047		1,054,378
Effect of Common Share options and other stock awards	8,801		13,141		9,318		14,561
Weighted-average Common Shares and potential Common Shares outstanding (000) (a)	1,007,964		1,065,793		1,012,365		1,068,939
EARNINGS PER COMMON SHARE
Income (loss) from continuing operations attributable to Key common shareholders	$	.40	$	.44	$	.79	$	.82
Income (loss) from discontinued operations, net of taxes	—		—		—		—
Net income (loss) attributable to Key common shareholders (b)	.40		.44		.79		.82
Income (loss) from continuing operations attributable to Key common shareholders — assuming dilution	$	.40	$	.44	$	.78	$	.81
Income (loss) from discontinued operations, net of taxes — assuming dilution	—		—		—		—
Net income (loss) attributable to Key common shareholders — assuming dilution (b)	.40		.44		.78		.81

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

(b)

EPS may not foot due to rounding.