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Consolidated Statements of Income (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
INTEREST INCOME      
Loans $ 2,110us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $ 2,151us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $ 2,155us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
Loans held for sale 21us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldForSale 20us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldForSale 20us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldForSale
Securities available for sale 277us-gaap_InterestAndDividendIncomeSecuritiesAvailableForSale 311us-gaap_InterestAndDividendIncomeSecuritiesAvailableForSale 399us-gaap_InterestAndDividendIncomeSecuritiesAvailableForSale
Held-to-maturity securities 93us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity 82us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity 69us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity
Trading account assets 25us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue 21us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue 18us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
Short-term investments 6us-gaap_InterestIncomeOperating 6us-gaap_InterestIncomeOperating 6us-gaap_InterestIncomeOperating
Other investments 22us-gaap_InterestIncomeOther 29us-gaap_InterestIncomeOther 38us-gaap_InterestIncomeOther
Total interest income 2,554us-gaap_InterestAndDividendIncomeOperating 2,620us-gaap_InterestAndDividendIncomeOperating 2,705us-gaap_InterestAndDividendIncomeOperating
INTEREST EXPENSE      
Deposits 117us-gaap_InterestExpenseDeposits 158us-gaap_InterestExpenseDeposits 257us-gaap_InterestExpenseDeposits
Federal funds purchased and securities sold under repurchase agreements 2us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase 2us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase 4us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
Bank notes and other short-term borrowings 9us-gaap_InterestExpenseShortTermBorrowingsExcludingFederalFundsAndSecuritiesSoldUnderAgreementsToRepurchase 8us-gaap_InterestExpenseShortTermBorrowingsExcludingFederalFundsAndSecuritiesSoldUnderAgreementsToRepurchase 7us-gaap_InterestExpenseShortTermBorrowingsExcludingFederalFundsAndSecuritiesSoldUnderAgreementsToRepurchase
Long-term debt 133us-gaap_InterestExpenseLongTermDebt 127us-gaap_InterestExpenseLongTermDebt 173us-gaap_InterestExpenseLongTermDebt
Total interest expense 261us-gaap_InterestExpense 295us-gaap_InterestExpense 441us-gaap_InterestExpense
NET INTEREST INCOME 2,293us-gaap_InterestIncomeExpenseNet 2,325us-gaap_InterestIncomeExpenseNet 2,264us-gaap_InterestIncomeExpenseNet
Provision (credit) for loan and lease losses 59us-gaap_ProvisionForLoanAndLeaseLosses 130us-gaap_ProvisionForLoanAndLeaseLosses 229us-gaap_ProvisionForLoanAndLeaseLosses
Net interest income (expense) after provision for loan and lease losses 2,234us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 2,195us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 2,035us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
NONINTEREST INCOME      
Trust and investment services income 403us-gaap_FeesAndCommissions 393us-gaap_FeesAndCommissions 375us-gaap_FeesAndCommissions
Investment banking and debt placement fees 397us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions 333us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions 327us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
Service charges on deposit accounts 261us-gaap_FeesAndCommissionsDepositorAccounts 281us-gaap_FeesAndCommissionsDepositorAccounts 287us-gaap_FeesAndCommissionsDepositorAccounts
Operating lease income and other leasing gains 96key_OperatingLeaseIncomeAndOtherLeasingGains 117key_OperatingLeaseIncomeAndOtherLeasingGains 201key_OperatingLeaseIncomeAndOtherLeasingGains
Corporate services income 178key_BankingServicesIncome 172key_BankingServicesIncome 168key_BankingServicesIncome
Cards and payments income 166us-gaap_FeesAndCommissionsCreditAndDebitCards 162us-gaap_FeesAndCommissionsCreditAndDebitCards 135us-gaap_FeesAndCommissionsCreditAndDebitCards
Corporate-owned life insurance income 118us-gaap_BankOwnedLifeInsuranceIncome 120us-gaap_BankOwnedLifeInsuranceIncome 122us-gaap_BankOwnedLifeInsuranceIncome
Consumer mortgage income 10us-gaap_FeesAndCommissionsMortgageBanking 19us-gaap_FeesAndCommissionsMortgageBanking 40us-gaap_FeesAndCommissionsMortgageBanking
Mortgage servicing fees 46us-gaap_FeesAndCommissionsMortgageBankingAndServicing 58us-gaap_FeesAndCommissionsMortgageBankingAndServicing 24us-gaap_FeesAndCommissionsMortgageBankingAndServicing
Net gains (losses) from principal investing 78us-gaap_PrincipalInvestmentGainsLosses 52us-gaap_PrincipalInvestmentGainsLosses 72us-gaap_PrincipalInvestmentGainsLosses
Other income 44us-gaap_NoninterestIncomeOther [1] 59us-gaap_NoninterestIncomeOther [1] 105us-gaap_NoninterestIncomeOther [1]
Total noninterest income 1,797us-gaap_NoninterestIncome 1,766us-gaap_NoninterestIncome 1,856us-gaap_NoninterestIncome
NONINTEREST EXPENSE      
Personnel 1,591us-gaap_LaborAndRelatedExpense 1,609us-gaap_LaborAndRelatedExpense 1,570us-gaap_LaborAndRelatedExpense
Net occupancy 261us-gaap_OccupancyNet 275us-gaap_OccupancyNet 260us-gaap_OccupancyNet
Computer processing 158us-gaap_CommunicationsAndInformationTechnology 156us-gaap_CommunicationsAndInformationTechnology 164us-gaap_CommunicationsAndInformationTechnology
Business services and professional fees 156us-gaap_ProfessionalFees 151us-gaap_ProfessionalFees 190us-gaap_ProfessionalFees
Equipment 96us-gaap_EquipmentExpense 104us-gaap_EquipmentExpense 107us-gaap_EquipmentExpense
Operating lease expense 42us-gaap_LeaseAndRentalExpense 47us-gaap_LeaseAndRentalExpense 57us-gaap_LeaseAndRentalExpense
Marketing 49us-gaap_MarketingAndAdvertisingExpense 51us-gaap_MarketingAndAdvertisingExpense 68us-gaap_MarketingAndAdvertisingExpense
FDIC assessment 30us-gaap_FederalDepositInsuranceCorporationPremiumExpense 30us-gaap_FederalDepositInsuranceCorporationPremiumExpense 31us-gaap_FederalDepositInsuranceCorporationPremiumExpense
Intangible asset amortization 39us-gaap_AmortizationOfIntangibleAssets 44us-gaap_AmortizationOfIntangibleAssets 23us-gaap_AmortizationOfIntangibleAssets
Provision (credit) for losses on lending-related commitments (2)us-gaap_ProvisionForOtherCreditLosses 8us-gaap_ProvisionForOtherCreditLosses (16)us-gaap_ProvisionForOtherCreditLosses
OREO expense, net 5us-gaap_RealEstateOwnedValuationAllowanceProvision1 7us-gaap_RealEstateOwnedValuationAllowanceProvision1 15us-gaap_RealEstateOwnedValuationAllowanceProvision1
Other expense 334us-gaap_OtherNoninterestExpense 338us-gaap_OtherNoninterestExpense 349us-gaap_OtherNoninterestExpense
Total noninterest expense 2,759us-gaap_NoninterestExpense 2,820us-gaap_NoninterestExpense 2,818us-gaap_NoninterestExpense
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 1,272us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,141us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,073us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income taxes 326us-gaap_IncomeTaxExpenseBenefit 271us-gaap_IncomeTaxExpenseBenefit 231us-gaap_IncomeTaxExpenseBenefit
INCOME (LOSS) FROM CONTINUING OPERATIONS 946us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 870us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 842us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income (loss) from discontinued operations, net of taxes of ($23), $26 and $14 (see Note 13) (39)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 40us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 23us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
NET INCOME (LOSS) 907us-gaap_ProfitLoss 910us-gaap_ProfitLoss 865us-gaap_ProfitLoss
Less: Net income (loss) attributable to noncontrolling interests 7us-gaap_NetIncomeLossAttributableToNoncontrollingInterest   7us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
NET INCOME (LOSS) ATTRIBUTABLE TO KEY 900us-gaap_NetIncomeLoss 910us-gaap_NetIncomeLoss 858us-gaap_NetIncomeLoss
Income (loss) from continuing operations attributable to Key common shareholders 917key_IncomeLossFromContinuingOperationsAttributableToKeyCommonShareholders 847key_IncomeLossFromContinuingOperationsAttributableToKeyCommonShareholders 813key_IncomeLossFromContinuingOperationsAttributableToKeyCommonShareholders
Net income (loss) attributable to Key common shareholders $ 878us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 887us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 836us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Per common share:      
Income (loss) from continuing operations attributable to Key common shareholders $ 1.05key_IncomeLossFromContinuingOperationsAttributableToCommonsShareholdersPerBasicShare $ 0.93key_IncomeLossFromContinuingOperationsAttributableToCommonsShareholdersPerBasicShare $ 0.87key_IncomeLossFromContinuingOperationsAttributableToCommonsShareholdersPerBasicShare
Income (loss) from discontinued operations, net of taxes $ (0.04)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.04us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.02us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Net income (loss) attributable to Key common shareholders $ 1.01us-gaap_EarningsPerShareBasic [2] $ 0.98us-gaap_EarningsPerShareBasic [2] $ 0.89us-gaap_EarningsPerShareBasic [2]
Per common share - assuming dilution:      
Income (loss) from continuing operations attributable to Key common shareholders $ 1.04key_IncomeLossFromContinuingOperationsAttributableToKeyCommonsShareholdersPerDilutedShare $ 0.93key_IncomeLossFromContinuingOperationsAttributableToKeyCommonsShareholdersPerDilutedShare $ 0.86key_IncomeLossFromContinuingOperationsAttributableToKeyCommonsShareholdersPerDilutedShare
Income (loss) from discontinued operations, net of taxes $ (0.04)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.04us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.02us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Net income (loss) attributable to Key common shareholders $ 0.99us-gaap_EarningsPerShareDiluted [2] $ 0.97us-gaap_EarningsPerShareDiluted [2] $ 0.89us-gaap_EarningsPerShareDiluted [2]
Cash dividends declared per common share $ 0.250us-gaap_CommonStockDividendsPerShareDeclared $ 0.215us-gaap_CommonStockDividendsPerShareDeclared $ 0.180us-gaap_CommonStockDividendsPerShareDeclared
Weighted-average common shares outstanding (000) 871,464us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 906,524us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 938,941us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Effect of convertible preferred stock 0us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock 0us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock 0us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock
Effect of common share options and other stock awards 6,735us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 6,047us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 4,318us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
Weighted-average common shares and potential common shares outstanding (000) 878,199us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [3] 912,571us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [3] 943,259us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [3]
[1] For the years ended December 31, 2014, 2013, and 2012, net securities gains (losses) totaled less than $1 million, $1 million, and less than $1 million, respectively. For 2014, 2013, and 2012, we did not have any impairment losses related to securities.
[2] EPS may not foot due to rounding.
[3] Assumes conversion of common share options and other stock awards and/or convertible preferred stock, as applicable.