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Business Segment Reporting (Tables) | 3 Months Ended
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Mar. 31, 2021
Segment Reporting [Abstract] |
Financial Information of Business Groups | The table below shows selected financial data for our business segments for the three-month periods ended March 31, 2021, and March 31, 2020. Capital is assigned to each business segment based on a combination of regulatory and economic equity.
Three months ended March 31, | Consumer Bank |  | Commercial Bank |  | Other |  | Total Key
dollars in millions | 2021 | 2020 |  | 2021 | 2020 |  | 2021 | 2020 |  | 2021 | 2020
SUMMARY OF OPERATIONS |  |  |  |  |  |  |  |  |  |  |
Net interest income (TE) | $ | 607 |  | $ | 581 |  |  | $ | 411 |  | $ | 421 |  |  | $ | (6) |  | $ | (13) |  |  | $ | 1,012 |  | $ | 989 |
Noninterest income | 257 |  | 229 |  |  | 447 |  | 220 |  |  | 34 |  | 28 |  |  | 738 |  | 477 |
Total revenue (TE) (a) | 864 |  | 810 |  |  | 858 |  | 641 |  |  | 28 |  | 15 |  |  | 1,750 |  | 1,466 |
Provision for credit losses | (23) |  | 136 |  |  | (67) |  | 222 |  |  | (3) |  | 1 |  |  | (93) |  | 359 |
Depreciation and amortization expense | 18 |  | 21 |  |  | 34 |  | 36 |  |  | 38 |  | 35 |  |  | 90 |  | 92 |
Other noninterest expense | 583 |  | 518 |  |  | 409 |  | 326 |  |  | (11) |  | (5) |  |  | 981 |  | 839 |
Income (loss) from continuing operations before income taxes (TE) | 286 |  | 135 |  |  | 482 |  | 57 |  |  | 4 |  | (16) |  |  | 772 |  | 176 |
Allocated income taxes and TE adjustments | 69 |  | 32 |  |  | 99 |  | (9) |  |  | (14) |  | 8 |  |  | 154 |  | 31 |
Income (loss) from continuing operations | 217 |  | 103 |  |  | 383 |  | 66 |  |  | 18 |  | (24) |  |  | 618 |  | 145 |
Income (loss) from discontinued operations, net of taxes | — |  | — |  |  | — |  | — |  |  | 4 |  | 1 |  |  | 4 |  | 1 |
Net income (loss) | 217 |  | 103 |  |  | 383 |  | 66 |  |  | 22 |  | (23) |  |  | 622 |  | 146 |
Less: Net income (loss) attributable to noncontrolling interests | — |  | — |  |  | — |  | — |  |  | — |  | — |  |  | — |  | — |
Net income (loss) attributable to Key | $ | 217 |  | $ | 103 |  |  | $ | 383 |  | $ | 66 |  |  | $ | 22 |  | $ | (23) |  |  | $ | 622 |  | $ | 146 |
AVERAGE BALANCES (b) |  |  |  |  |  |  |  |  |  |  |
Loans and leases | $ | 39,249 |  | $ | 33,175 |  |  | $ | 60,885 |  | $ | 62,104 |  |  | $ | 594 |  | $ | 895 |  |  | $ | 100,728 |  | $ | 96,174 |
Total assets (a) | 42,476 |  | 36,415 |  |  | 70,114 |  | 71,410 |  |  | 59,643 |  | 38,403 |  |  | 172,233 |  | 146,228 |
Deposits | 85,033 |  | 73,133 |  |  | 51,894 |  | 36,443 |  |  | 813 |  | 752 |  |  | 137,740 |  | 110,328 |
OTHER FINANCIAL DATA |  |  |  |  |  |  |  |  |  |  |
Net loan charge-offs (b) | $ | 36 |  | $ | 43 |  |  | $ | 78 |  | $ | 40 |  |  | $ | — |  | $ | 1 |  |  | $ | 114 |  | $ | 84 |
Return on average allocated equity (b) | 25.76 | % | 12.30 | % |  | 17.47 | % | 5.57 | % |  | 1.34 | % | (1.06) | % |  | 14.11 | % | 3.39 | %
Return on average allocated equity | 25.76 |  | 12.30 |  |  | 17.47 |  | 5.57 |  |  | 1.63 |  | (1.02) |  |  | 14.20 |  | 3.41 |
Average full-time equivalent employees (c) | 8,284 |  | 8,144 |  |  | 2,066 |  | 2,091 |  |  | 6,736 |  | 6,294 |  |  | 17,086 |  | 16,529 |
(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.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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