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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Common Share
Our basic and diluted earnings per Common Share are calculated as follows:
Year ended December 31,   
Dollars in millions, except per share amounts202320222021
EARNINGS
Income (loss) from continuing operations$964 $1,911 $2,612 
Less: Net income (loss) attributable to noncontrolling interests — — 
Income (loss) from continuing operations attributable to Key964 1,911 2,612 
Less: Dividends on preferred stock143 118 106 
Income (loss) from continuing operations attributable to Key common shareholders821 1,793 2,506 
Income (loss) from discontinued operations, net of taxes3 13 
Net income (loss) attributable to Key common shareholders$824 $1,799 $2,519 
WEIGHTED-AVERAGE COMMON SHARES
Weighted-average Common Shares outstanding (000)927,217 924,363 947,065 
Effect of common share options and other stock awards5,542 8,696 10,349 
Weighted-average common shares and potential Common Shares outstanding (000) (a)
932,759 933,059 957,414 
EARNINGS PER COMMON SHARE
Income (loss) from continuing operations attributable to Key common shareholders$.88 $1.94 $2.64 
Income (loss) from discontinued operations, net of taxes .01 .01 
Net income (loss) attributable to Key common shareholders (b)
.89 1.94 2.65 
Income (loss) from continuing operations attributable to Key common shareholders — assuming dilution.88 1.92 2.62 
Income (loss) from discontinued operations, net of taxes — assuming dilution .01 .01 
Net income (loss) attributable to Key common shareholders — assuming dilution (b)
.88 1.93 2.63 
(a)Assumes conversion of Common Share options and other stock awards and/or convertible preferred stock, as applicable.
(b)EPS may not foot due to rounding.