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Business Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of Selected Financial Data for Our Business Segments
Year ended December 31,
Consumer BankCommercial Bank
Dollars in millions202320222021202320222021
SUMMARY OF OPERATIONS
Net interest income (TE)
$2,276 $2,409 $2,361 $1,811 $1,863 $1,650 
Noninterest income
944 995 1,068 1,422 1,600 1,990 
Total revenue (TE) (a)
3,220 3,404 3,429 3,233 3,463 3,640 
Provision for credit losses
111 193 (118)379 317 (279)
Depreciation and amortization expense
106 87 84 99 113 134 
Other noninterest expense
2,677 2,644 2,321 1,703 1,620 1,732 
Income (loss) from continuing operations before income taxes (TE)
326 480 1,142 1,052 1,413 2,053 
Allocated income taxes (benefit) and TE adjustments
78 115 274 213 269 412 
Income (loss) from continuing operations
248 365 868 839 1,144 1,641 
Income (loss) from discontinued operations, net of taxes
— — — — — — 
Net income (loss)
248 365 868 839 1,144 1,641 
Less: Net income (loss) attributable to noncontrolling interests
— — — — — — 
Net income (loss) attributable to Key
$248 $365 $868 $839 $1,144 $1,641 
AVERAGE BALANCES (b)
     
Loans and leases
$42,408 $41,315 $39,422 $75,143 $69,549 $60,486 
Total assets (a)
45,232 44,414 42,656 84,895 80,068 70,051 
Deposits
83,964 90,132 88,474 53,874 54,672 55,598 
OTHER FINANCIAL DATA
Expenditures for additions to long-lived assets (a), (b)
$72 $52 $39 $3 $4 $12 
Net loan charge-offs (b)
133 83 126 111 84 81 
Return on average allocated equity (b)
6.92 %10.36 %24.31 %8.14 %12.57 %19.21 %
Return on average allocated equity
6.92 10.36 24.31 8.14 12.57 19.21 
Average full-time equivalent employees (c)
7,773 8,101 8,043 2,484 2,466 2,384 
Year ended December 31,OtherKey
Dollars in millions202320222021202320222021
SUMMARY OF OPERATIONS
Net interest income (TE)$(144)$282 $87 $3,943 $4,554 $4,098 
Noninterest income104 123 136 2,470 2,718 3,194 
Total revenue (TE) (a)
(40)405 223 6,413 7,272 7,292 
Provision for credit losses(1)(8)(21)489 502 (418)
Depreciation and amortization expense27 71 80 232 271 298 
Other noninterest expense122 (125)78 4,502 4,139 4,131 
Income (loss) from continuing operations before income taxes (TE)(188)467 86 1,190 2,360 3,281 
Allocated income taxes (benefit) and TE adjustments(65)65 (17)226 449 669 
Income (loss) from continuing operations(123)402 103 964 1,911 2,612 
Income (loss) from discontinued operations, net of taxes3 6 13 3 6 13 
Net income (loss)(120)408 116 967 1,917 2,625 
Less: Net income (loss) attributable to noncontrolling interests— — — — — — 
Net income (loss) attributable to Key$(120)$408 $116 $967 $1,917 $2,625 
AVERAGE BALANCES (b)
Loans and leases$453 $438 $361 $118,004 $111,302 $100,269 
Total assets (a)
61,500 61,404 66,212 191,627 185,886 178,919 
Deposits6,221 2,058 963 144,059 146,862 145,035 
OTHER FINANCIAL DATA
Expenditures for additions to long-lived assets (a), (b)
$118 $198 $63 $193 $254 $114 
Net loan charge-offs (b)
— (6)(23)244 161 184 
Return on average allocated equity (b)
1,025.00 %19.12 %1.85 %6.94 %12.97 %14.79 %
Return on average allocated equity1,000.00 19.40 2.09 6.97 13.01 14.86 
Average full-time equivalent employees (c)
7,435 7,094 6,547 17,692 17,661 16,974 
(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.