Line of Business Results (Tables)

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Financial Information of Business Groups

Accordingly, financial results may be revised periodically to reflect enhanced alignment of expense base allocation drivers, changes in the risk profile of a particular business, or changes in our organizational structure.

Three months ended June 30,	Key Community Bank						Key Corporate Bank
dollars in millions	2016			2015			2016			2015
SUMMARY OF OPERATIONS
Net interest income (TE)	$	391		$	362		$	222		$	228
Noninterest income		207			198			230			250
Total revenue (TE) (a)		598			560			452			478
Provision for credit losses		25			3			30			41
Depreciation and amortization expense		12			14			13			11
Other noninterest expense		432			433			246			245
Income (loss) from continuing operations before income taxes (TE)		129			110			163			181
Allocated income taxes and TE adjustments		48			41			29			50
Income (loss) from continuing operations		81			69			134			131
Income (loss) from discontinued operations, net of taxes		—			—			—			—
Net income (loss)		81			69			134			131
Less: Net income (loss) attributable to noncontrolling interests		—			—			(1	)		—
Net income (loss) attributable to Key	$	81		$	69		$	135		$	131
AVERAGE BALANCES (b)
Loans and leases	$	30,936		$	30,707		$	28,607		$	25,298
Total assets (a)		32,963			32,809			33,909			31,173
Deposits		53,794			50,765			19,129			19,709
OTHER FINANCIAL DATA
Net loan charge-offs (b)	$	17		$	20		$	27		$	12
Return on average allocated equity (b)		11.99	%		10.34	%		26.23	%		29.24	%
Return on average allocated equity		11.99			10.34			26.24			29.24
Average full-time equivalent employees (c)		7,331			7,574			2,138			2,058
Six months ended June 30,	Key Community Bank						Key Corporate Bank
dollars in millions	2016			2015			2016			2015
SUMMARY OF OPERATIONS
Net interest income (TE)	$	790		$	720		$	440		$	442
Noninterest income		403			388			437			438
Total revenue (TE) (a)		1,193			1,108			877			880
Provision for credit losses		66			32			73			47
Depreciation and amortization expense		25			29			26			20
Other noninterest expense		856			855			469			455
Income (loss) from continuing operations before income taxes (TE)		246			192			309			358
Allocated income taxes and TE adjustments		92			72			57			99
Income (loss) from continuing operations		154			120			252			259
Income (loss) from discontinued operations, net of taxes		—			—			—			—
Net income (loss)		154			120			252			259
Less: Net income (loss) attributable to noncontrolling interests		—			—			(2	)		1
Net income (loss) attributable to Key	$	154		$	120		$	254		$	258
AVERAGE BALANCES (b)
Loans and leases	$	30,863		$	30,684		$	28,164		$	25,012
Total assets (a)		32,910			32,789			33,661			30,709
Deposits		53,299			50,591			18,602			19,142
OTHER FINANCIAL DATA
Net loan charge-offs (b)	$	40		$	49		$	45		$	8
Return on average allocated equity (b)		11.47	%		8.94	%		24.80	%		28.45	%
Return on average allocated equity		11.47			8.94			24.78			28.45
Average full-time equivalent employees (c)		7,353			7,608			2,132			2,057

(a) Substantially all revenue generated by our major business segments is derived from clients that reside in the United States. Substantially all long-lived assets, including premises and equipment, capitalized software, and goodwill held by our major business segments, are located in the United States.

(b) From continuing operations.

(c) The number of average full-time equivalent employees was not adjusted for discontinued operations.

Other Segments						Total Segments						Reconciling Items						Key
2016			2015			2016			2015			2016			2015			2016			2015
$	(11	)	$	(1	)	$	602		$	589		$	3		$	2		$	605		$	591
	42			44			479			492			(6	)		(4	)		473			488
	31			43			1,081			1,081			(3	)		(2	)		1,078			1,079
	(3	)		(2	)		52			42			—			(1	)		52			41
	1			2			26			27			36			38			62			65
	10			10			688			688			1			(42	)		689			646
	23			33			315			324			(40	)		3			275			327
	(2	)		1			75			92			2			(1	)		77			91
	25			32			240			232			(42	)		4			198			236
	—			—			—			—			3			3			3			3
	25			32			240			232			(39	)		7			201			239
	1			1			—			1			(1	)		—			(1	)		1
$	24		$	31		$	240		$	231		$	(38	)	$	7		$	202		$	238
$	1,519		$	1,903		$	61,062		$	57,908		$	86		$	70		$	61,148		$	57,978
	30,121			27,025			96,993			91,007			420			651			97,413			91,658
	972			442			73,895			70,916			9			(78	)		73,904			70,838
	—		$	3		$	44		$	35			(1	)	$	1		$	43		$	36
	57.46	%		56.52	%		19.48	%		19.74	%		(2.66	)%		.27	%		7.18	%		8.90	%
	56.12			55.51			19.47			19.72			(2.47	)		.48			7.29			9.01
	4			14			9,473			9,646			3,946			3,809			13,419			13,455
Other Segments						Total Segments						Reconciling Items						Key
2016			2015			2016			2015			2016			2015			2016			2015
	(20	)	$	3		$	1,210		$	1,165		$	7		$	3		$	1,217		$	1,168
$	72			106			912			932			(8	)		(7	)		904			925
	52			109			2,122			2,097			(1	)		(4	)		2,121			2,093
	2			(4	)		141			75			—			1			141			76
	3			5			54			54			72			75			126			129
	19			22			1,344			1,332			(16	)		(81	)		1,328			1,251
	28			86			583			636			(57	)		1			526			637
	(11	)		10			138			181			3			(10	)		141			171
	39			76			445			455			(60	)		11			385			466
	—			—			—			—			4			8			4			8
	39			76			445			455			(56	)		19			389			474
	1			2			(1	)		3			—			—			(1	)		3
$	38		$	74		$	446		$	452		$	(56	)	$	19		$	390		$	471
$	1,561		$	1,973		$	60,588		$	57,669		$	64		$	77		$	60,652		$	57,746
	28,925			26,486			95,496			89,984			449			664			95,945			90,648
	864			454			72,765			70,187			(14	)		(80	)		72,751			70,107
$	5		$	7		$	90		$	64		$	(1	)		—		$	89		$	64
	43.92	%		66.03	%		18.18	%		19.14	%		(1.97	)%		.38	%		7.02	%		8.82	%
	42.69			64.88			18.16			19.12			(1.84	)		.66			7.09			8.97
	6			15			9,491			9,680			3,920			3,832			13,411			13,512