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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, 2024
Dec. 31, 2023
Dec. 31, 2022
OPERATING ACTIVITIES      
Net income (loss) attributable to Key $ (161) $ 967 $ 1,917
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Deferred income taxes (benefit) (351) (108) (27)
Stock-based compensation expense 104 121 120
Other operating activities, net (139) 389 17
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 664 2,903 4,469
INVESTING ACTIVITIES      
Net (increase) decrease in securities available for sale and in short-term and other investments (6,687) (8,385) 8,578
Cash used in acquisitions 0 0 (58)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 2,497 1,417 (10,934)
FINANCING ACTIVITIES      
Net proceeds from issuance of long-term debt 1,646 5,240 16,596
Payments on long-term debt (9,057) (5,052) (8,580)
Net proceeds from Scotiabank investment 2,771 0 0
Cash dividends paid (927) (911) (854)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (2,359) (4,266) 6,439
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS 802 54 (26)
CASH AND DUE FROM BANKS AT BEGINNING OF YEAR 941 887 913
CASH AND DUE FROM BANKS AT END OF YEAR 1,743 941 887
Key      
OPERATING ACTIVITIES      
Net income (loss) attributable to Key (161) 967 1,917
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Deferred income taxes (benefit) 10 (6) 6
Stock-based compensation expense 10 9 117
Equity in net (income) loss less dividends from subsidiaries 588 (575) (1,521)
Net (increase) decrease in accrued income and other assets (91) 44 23
Net increase (decrease) in accrued expenses and other liabilities 25 3 (24)
Other operating activities, net (706) 122 (480)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (325) 564 38
INVESTING ACTIVITIES      
Net (increase) decrease in securities available for sale and in short-term and other investments (19) (14) (26)
Cash used in acquisitions 0 0 0
Advances to subsidiaries (250) 0 0
Sale or repayments of advances to subsidiaries 200 16 (200)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (69) 2 (226)
FINANCING ACTIVITIES      
Net proceeds from issuance of long-term debt 1,000 0 1,350
Payments on long-term debt 0 0 0
Repurchase of Treasury Shares (28) (73) (44)
Net cash from the issuance (redemption) of Common Shares and preferred stock 0 0 590
Net proceeds from Scotiabank investment 2,771 0 0
Cash dividends paid (927) (912) (855)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 2,816 (985) 1,041
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS 2,422 (419) 853
CASH AND DUE FROM BANKS AT BEGINNING OF YEAR 2,727 3,146 2,293
CASH AND DUE FROM BANKS AT END OF YEAR $ 5,149 $ 2,727 $ 3,146