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Business Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Financial Information of Business Groups
Year ended December 31,
Consumer BankCommercial Bank
Dollars in millions202120202019202120202019
SUMMARY OF OPERATIONS
Net interest income (TE)
$2,357 $2,403 $2,335 $1,655 $1,725 $1,651 
Noninterest income
1,068 999 917 1,989 1,524 1,395 
Total revenue (TE) (a)
3,425 3,402 3,252 3,644 3,249 3,046 
Provision for credit losses
(118)284 186 (279)741 120 
Depreciation and amortization expense
84 77 91 134 144 135 
Other noninterest expense
2,306 2,185 2,062 1,731 1,606 1,424 
Income (loss) from continuing operations before income taxes (TE)
1,153 856 913 2,058 758 1,367 
Allocated income taxes (benefit) and TE adjustments
277 203 216 413 107 223 
Income (loss) from continuing operations
876 653 697 1,645 651 1,144 
Income (loss) from discontinued operations, net of taxes
 — —  — — 
Net income (loss)
876 653 697 1,645 651 1,144 
Less: Net income (loss) attributable to noncontrolling interests
 — —  — — 
Net income (loss) attributable to Key
$876 $653 $697 $1,645 $651 $1,144 
AVERAGE BALANCES (b)
     
Loans and leases
$39,356 $37,842 $30,571 $60,552 $64,543 $60,417 
Total assets (a)
42,572 41,152 34,111 70,117 74,225 68,562 
Deposits
88,235 79,528 72,384 55,715 47,145 36,372 
OTHER FINANCIAL DATA
Expenditures for additions to long-lived assets (a), (b)
$39 $40 $150 $12 $$(8)
Net loan charge-offs (b)
126 135 157 81 308 128 
Return on average allocated equity (b)
24.54 %18.97 %21.59 %19.52 %12.99 %24.54 %
Return on average allocated equity
24.54 18.97 21.59 19.52 12.99 24.54 
Average full-time equivalent employees (c)
8,000 8,186 8,540 2,370 2,291 2,438 
Year ended December 31,OtherKey
Dollars in millions202120202019202120202019
SUMMARY OF OPERATIONS
Net interest income (TE)$86 $(65)$(45)$4,098 $4,063 $3,941 
Noninterest income137 129 147 3,194 2,652 2,459 
Total revenue (TE) (a)
223 64 102 7,292 6,715 6,400 
Provision for credit losses(21)(4)139 (418)1,021 445 
Depreciation and amortization expense80 82 87 298 303 313 
Other noninterest expense94 15 102 4,131 3,806 3,588 
Income (loss) from continuing operations before income taxes (TE)70 (29)(226)3,281 1,585 2,054 
Allocated income taxes (benefit) and TE adjustments(21)(54)(93)669 256 346 
Income (loss) from continuing operations91 25 (133)2,612 1,329 1,708 
Income (loss) from discontinued operations, net of taxes13 14 13 14 
Net income (loss)104 39 (124)2,625 1,343 1,717 
Less: Net income (loss) attributable to noncontrolling interests — —  — — 
Net income (loss) attributable to Key$104 $39 $(124)
 (d)
$2,625 $1,343 $1,717 
AVERAGE BALANCES (b)
Loans and leases$361 $304 $523 $100,269 $102,689 $91,511 
Total assets (a)
66,230 46,678 40,506 178,919 162,055 143,179 
Deposits1,085 613 1,274 145,035 127,286 110,030 
OTHER FINANCIAL DATA
Expenditures for additions to long-lived assets (a), (b)
$63 $120 $103 $114 $161 $245 
Net loan charge-offs (b)
(22)147 185 444 432 
Return on average allocated equity (b)
1.61 %.27 %(1.52)%14.79 %7.54 %10.27 %
Return on average allocated equity1.84 .42 (1.42)14.86 7.62 10.32 
Average full-time equivalent employees (c)
6,604 6,349 6,067 16,974 16,826 17,045 
(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.
(d)Other segments included $106 million provision for credit loss, net of tax, related to a previously disclosed fraud incident.