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Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
INTEREST INCOME    
Loans $ 519 $ 548
Loans held for sale 4 4
Securities available for sale 72 80
Held-to-maturity securities 22 18
Trading account assets 6 6
Short-term investments 1 2
Other investments 6 9
Total interest income 630 667
INTEREST EXPENSE    
Deposits 32 45
Federal funds purchased and securities sold under repurchase agreements 1 1
Bank notes and other short-term borrowings 2 1
Long-term debt 32 37
Total interest expense 67 84
NET INTEREST INCOME 563 583
Provision (credit) for loan and lease losses 6 55
Net interest income (expense) after provision for loan and lease losses 557 528
NONINTEREST INCOME    
Trust and investment services income 98 95
Investment banking and debt placement fees 84 79
Service charges on deposit accounts 63 69
Operating lease income and other leasing gains 29 25
Corporate services income 42 45
Cards and payments income 38 37
Corporate-owned life insurance income 26 30
Consumer mortgage income 2 7
Mortgage servicing fees 15 8
Net gains (losses) from principal investing 24 8
Other income 14 [1] 22 [1]
Total noninterest income 435 425
NONINTEREST EXPENSE    
Personnel 388 391
Net occupancy 64 64
Computer processing 38 39
Business services and professional fees 41 35
Equipment 24 26
Operating lease expense 10 12
Marketing 5 6
FDIC assessment 6 8
Intangible asset amortization 10 12
Provision (credit) for losses on lending-related commitments (2) 3
OREO expense, net 1 3
Other expense 77 82
Total noninterest expense 662 681
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 330 272
Income taxes 92 70
INCOME (LOSS) FROM CONTINUING OPERATIONS 238 202
Income (loss) from discontinued operations, net of taxes of $2 and $4 (see Note 11) 4 3
NET INCOME (LOSS) 242 205
Less: Net income (loss) attributable to noncontrolling interests   1
NET INCOME (LOSS) ATTRIBUTABLE TO KEY 242 204
Income (loss) from continuing operations attributable to Key common shareholders 232 196
Net income (loss) attributable to Key common shareholders $ 236 $ 199
Per common share:    
Income (loss) from continuing operations attributable to Key common shareholders $ 0.26 $ 0.21
Income (loss) from discontinued operations, net of taxes      
Net income (loss) attributable to Key common shareholders $ 0.27 [2] $ 0.22 [2]
Per common share - assuming dilution:    
Income (loss) from continuing operations attributable to Key common shareholders $ 0.26 $ 0.21
Income (loss) from discontinued operations, net of taxes      
Net income (loss) attributable to Key common shareholders $ 0.26 [2] $ 0.21 [2]
Cash dividends declared per common share $ 0.055 $ 0.050
Weighted-average common shares outstanding (000) 884,727 920,316
Weighted-average common shares and potential common shares outstanding (000) 891,890 [3] 926,051 [3]
[1] For the three months ended March 31, 2014, and 2013, net securities gains (losses) totaled less than $1 million. For the three months ended March 31, 2014, and 2013, 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 Series A Preferred Stock, as applicable.