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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Sep. 30, 2011
ASSETS      
Cash and due from banks $ 974 $ 694 $ 828
Short-term investments 2,208 3,519 4,766
Trading account assets 663 623 729
Securities available for sale 11,962 16,012 17,612
Held-to-maturity securities (fair value: $4,212, $2,133 and $1,186) 4,153 2,109 1,176
Other investments 1,106 1,163 1,210
Loans, net of unearned income of $980, $1,388 and $1,413 51,419 49,575 48,195
Less: Allowance for loan and lease losses 888 1,004 1,131
Net loans 50,531 48,571 47,064
Loans held for sale 628 728 479
Premises and equipment 942 944 924
Operating lease assets 290 350 393
Goodwill 979 917 917
Other intangible assets 182 17 18
Corporate-owned life insurance 3,309 3,256 3,227
Derivative assets 771 945 940
Accrued income and other assets (including $59 of consolidated LIHTC guaranteed funds VIEs, see Note 9) 2,871 [1] 3,077 [1] 2,946 [1]
Discontinued assets (including $2,542 of consolidated education loan securitization trust VIEs (see Note 9) and $71 of loans in portfolio at fair value) 5,381 [1] 5,860 [1] 6,033 [1]
Total assets 86,950 88,785 89,262
Deposits in domestic offices:      
NOW and money market deposit accounts 30,573 27,954 27,548
Savings deposits 2,393 1,962 1,968
Certificates of deposit ($100,000 or more) 3,226 4,111 4,457
Other time deposits 4,941 6,243 6,695
Total interest-bearing 41,133 40,270 40,668
Noninterest-bearing 22,486 21,098 19,803
Deposits in foreign office - interest-bearing 569 588 561
Total deposits 64,188 61,956 61,032
Federal funds purchased and securities sold under repurchase agreements 1,746 1,711 1,728
Bank notes and other short-term borrowings 388 337 519
Derivative liabilities 657 1,026 1,141
Accrued expense and other liabilities 1,238 1,763 1,556
Long-term debt 6,119 9,520 10,717
Discontinued liabilities (including $2,335 of consolidated education loan securitization trust VIEs at fair value, see Note 9) 2,335 [1] 2,550 [1] 2,651 [1]
Total liabilities 76,671 78,863 79,344
Preferred stock, $1 par value, authorized 25,000,000 shares:      
7.75% Noncumulative Perpetual Convertible Preferred Stock, Series A, $100 liquidation preference; authorized 7,475,000 shares; issued 2,904,839, 2,904,839 and 2,904,839 shares 291 291 291
Common shares, $1 par value; authorized 1,400,000,000 shares; issued 1,016,969,905, 1,016,969,905 and 1,016,969,905 shares 1,017 1,017 1,017
Capital surplus 4,118 4,194 4,191
Retained earnings 6,762 6,246 6,079
Treasury stock, at cost (80,775,030, 63,962,113 and 64,161,618) (1,868) (1,815) (1,820)
Accumulated other comprehensive income (loss) (69) (28) 143
Key shareholders' equity 10,251 9,905 9,901
Noncontrolling interests 28 17 17
Total equity 10,279 9,922 9,918
Total liabilities and equity $ 86,950 $ 88,785 $ 89,262
[1] The assets of the VIEs can only be used by the particular VIE and there is no recourse to Key with respect to the liabilities of the consolidated LIHTC or education loan securitization trust VIEs.