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Consolidated Statements of Income (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
INTEREST INCOME      
Loans $ 2,155 $ 2,206 $ 2,653
Loans held for sale 20 14 17
Securities available for sale 399 583 644
Held-to-maturity securities 69 12 2
Trading account assets 18 26 37
Short-term investments 6 6 6
Other investments 38 42 49
Total interest income 2,705 2,889 3,408
INTEREST EXPENSE      
Deposits 257 390 671
Federal funds purchased and securities sold under repurchase agreements 4 5 6
Bank notes and other short-term borrowings 7 11 14
Long-term debt 173 216 206
Total interest expense 441 622 897
NET INTEREST INCOME 2,264 2,267 2,511
Provision for loan and lease losses 229 (60) 638
Net interest income (expense) after provision for loan and lease losses 2,035 2,327 1,873
NONINTEREST INCOME      
Trust and investment services income 421 434 444
Service charges on deposit accounts 287 281 301
Operating lease income 75 122 173
Letter of credit and loan fees 221 213 194
Corporate-owned life insurance income 122 121 137
Net securities gains (losses)   1 [1] 14 [1]
Electronic banking fees 72 114 117
Gains on leased equipment 111 25 20
Insurance income 50 53 64
Net gains (losses) from loan sales 150 75 76
Net gains (losses) from principal investing 72 78 66
Investment banking and capital markets income (loss) 165 134 145
Other income 221 157 203
Total noninterest income 1,967 1,808 1,954
NONINTEREST EXPENSE      
Personnel 1,618 1,520 1,471
Net occupancy 260 258 270
Operating lease expense 57 94 142
Computer processing 166 166 185
Business services and professional fees 193 186 176
FDIC assessment 31 52 124
OREO expense, net 15 13 68
Equipment 107 103 100
Marketing 68 60 72
Provision (credit) for losses on lending-related commitments (16) (28) (48)
Intangible asset amortization on credit cards 14    
Other intangible asset amortization 9 4 14
Other expense 385 362 460
Total noninterest expense 2,907 2,790 3,034
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 1,095 1,345 793
Income taxes 239 369 186
INCOME (LOSS) FROM CONTINUING OPERATIONS 856 976 607
Income (loss) from discontinued operations, net of taxes of $6, ($26) and ($14) (see Note 13) 9 (44) (23)
NET INCOME (LOSS) 865 932 584
Less: Net income (loss) attributable to noncontrolling interests 7 12 30
NET INCOME (LOSS) ATTRIBUTABLE TO KEY 858 920 554
Income (loss) from continuing operations attributable to Key common shareholders 827 857 413
Net income (loss) attributable to Key common shareholders $ 836 $ 813 $ 390
Per common share:      
Income (loss) from continuing operations attributable to Key common shareholders $ 0.88 $ 0.92 $ 0.47
Income (loss) from discontinued operations, net of taxes $ 0.01 $ (0.05) $ (0.03)
Net income (loss) attributable to Key common shareholders $ 0.89 [2] $ 0.87 [2] $ 0.45 [2]
Per common share - assuming dilution:      
Income (loss) from continuing operations attributable to Key common shareholders $ 0.88 $ 0.92 $ 0.47
Income (loss) from discontinued operations, net of taxes $ 0.01 $ (0.05) $ (0.03)
Net income (loss) attributable to Key common shareholders $ 0.89 [2] $ 0.87 [2] $ 0.44 [2]
Cash dividends declared per common share $ 0.18 $ 0.10 $ 0.04
Weighted-average common shares outstanding (000) 938,941 [3] 931,934 [3] 874,748 [3]
Weighted-average common shares and potential common shares outstanding (000) 943,259 935,801 878,153
[1] For 2012, 2011, and 2010, we did not have any impairment losses related to securities.
[2] EPS may not foot due to rounding.
[3] Assumes conversion of stock options and/or Preferred Series A, as applicable.