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Condensed Financial Information of the Parent Company - Condensed Statements of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
OPERATING ACTIVITIES      
Net income (loss) attributable to Key $ 2,625 $ 1,343 $ 1,717
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Deferred income taxes (benefit) 146 (191) 53
Stock-based compensation expense 104 101 96
Other operating activities, net (615) (893) 560
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 1,153 1,673 2,906
INVESTING ACTIVITIES      
Net decrease (increase) in short-term investments, excluding acquisitions 5,184 (14,922) 1,290
Proceeds from sales, prepayments and maturities of securities available for sale 7,623 9,923 3,586
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (15,068) (24,721) (4,918)
FINANCING ACTIVITIES      
Net proceeds from issuance of long-term debt 1,203 3,607 2,129
Payments on long-term debt (2,566) (2,508) (3,634)
Repurchase of Treasury Shares (559) (134) (835)
Cash dividends paid (823) (829) (804)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 13,737 23,407 2,066
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS (178) 359 54
CASH AND DUE FROM BANKS AT BEGINNING OF YEAR 1,091 732 678
CASH AND DUE FROM BANKS AT END OF YEAR 913 1,091 732
Key      
OPERATING ACTIVITIES      
Net income (loss) attributable to Key 2,625 1,343 1,717
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Deferred income taxes (benefit) (22) 2 (43)
Stock-based compensation expense 9 11 8
Equity in net (income) loss less dividends from subsidiaries (754) (238) (626)
Net (increase) decrease in other assets 13 (66) 39
Net increase (decrease) in other liabilities 48 12 11
Other operating activities, net (414) 131 244
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 1,505 1,195 1,350
INVESTING ACTIVITIES      
Net decrease (increase) in short-term investments, excluding acquisitions (15) (7) (6)
Proceeds from sales, prepayments and maturities of securities available for sale 0 0 0
Net (increase) decrease in loans to subsidiaries 0 0 15
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (15) (7) 9
FINANCING ACTIVITIES      
Net proceeds from issuance of long-term debt 0 800 750
Payments on long-term debt (997) (1,003) (300)
Repurchase of Treasury Shares (1,176) (170) (868)
Net cash from the issuance (redemption) of Common Shares and preferred stock 0 0 435
Cash dividends paid (823) (829) (804)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (2,996) (1,202) (787)
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS (1,506) (14) 572
CASH AND DUE FROM BANKS AT BEGINNING OF YEAR 3,799 3,813 3,241
CASH AND DUE FROM BANKS AT END OF YEAR $ 2,293 $ 3,799 $ 3,813