XML 91 R48.htm IDEA: XBRL DOCUMENT
v3.25.4

Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Leases [Abstract] |
Schedule of Components of Lease Expense | The components of lease expense and cash flows related to leases are summarized as follows:
Dollars in millions |  | December 31, 2025 | December 31, 2024 | December 31, 2023
Operating lease cost |  | $ | 118 |  | $ | 118 |  | $ | 122 |
Variable lease cost |  | 20 |  | 21 |  | 19 |
Finance lease cost |  | — |  | 1 |  | 1 |
Total lease cost |  | $ | 138 |  | $ | 140 |  | $ | 142 |
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 129 |  | $ | 134 |  | $ | 136 |
Right-of-use assets obtained in exchange for lease obligations |  | 91 |  | 70 |  | 65 |
Schedule of Additional Balance Sheet Information Related to Leases | Additional balance sheet information related to leases is summarized as follows:
Dollars in millions | Balance sheet classification | December 31, 2025 | December 31, 2024
Right-of-use assets | Accrued income and other assets | $ | 444 |  | $ | 453 |
Operating lease liabilities | Accrued expense and other liabilities | 484 |  | 506 |
Schedule of Finance Lease, Maturities of Lease Liabilities | Information pertaining to the lease term and weighted-average discount rate, and m aturities of operating lease liabilities are summarized as follows:
Dollars in millions | December 31, 2025 |  |
2026 | $ | 127 |  |  |
2027 | 117 |  |  |
2028 | 95 |  |  |
2029 | 72 |  |  |
2030 | 49 |  |  |
Thereafter | 78 |  |  |
Total lease payments | $ | 538 |  |  |
Less imputed interest | 54 |  |  |
Total operating lease liabilities | $ | 484 |  |  |
|  | December 31, 2025 | December 31, 2024
Weighted-average remaining lease term (years) |  | 5.37 | 5.42
Weighted-average discount rate |  | 3.72 | % | 3.40 | %
Schedule of Lessee, Operating Lease, Maturities of Lease Liabilities | Information pertaining to the lease term and weighted-average discount rate, and m aturities of operating lease liabilities are summarized as follows:
Dollars in millions | December 31, 2025 |  |
2026 | $ | 127 |  |  |
2027 | 117 |  |  |
2028 | 95 |  |  |
2029 | 72 |  |  |
2030 | 49 |  |  |
Thereafter | 78 |  |  |
Total lease payments | $ | 538 |  |  |
Less imputed interest | 54 |  |  |
Total operating lease liabilities | $ | 484 |  |  |
|  | December 31, 2025 | December 31, 2024
Weighted-average remaining lease term (years) |  | 5.37 | 5.42
Weighted-average discount rate |  | 3.72 | % | 3.40 | %
Schedule of Lease Income, Operating Lease | The components of equipment leasing income are summarized in the table below:
Dollars in millions |  | December 31, 2025 | December 31, 2024 | December 31, 2023
Sales-type and direct financing leases |  |  |  |
Interest income on lease receivable |  | $ | 54 |  | $ | 69 |  | $ | 78 |
Interest income related to accretion of unguaranteed residual asset |  | 7 |  | 9 |  | 13 |
Interest income on deferred fees and costs |  | 21 |  | 20 |  | 4 |
Total sales-type and direct financing lease income |  | 82 |  | 98 |  | 95 |
Operating leases |  |  |  |
Operating lease income related to lease payments |  | 43 |  | 68 |  | 84 |
Other operating leasing gains and (losses) |  | — |  | 8 |  | 8 |
Total operating lease income and other leasing gains |  | 43 |  | 76 |  | 92 |
Total lease income |  | $ | 125 |  | $ | 174 |  | $ | 187 |
Schedule of Lease Income, Sales-type Lease | The components of equipment leasing income are summarized in the table below:
Dollars in millions |  | December 31, 2025 | December 31, 2024 | December 31, 2023
Sales-type and direct financing leases |  |  |  |
Interest income on lease receivable |  | $ | 54 |  | $ | 69 |  | $ | 78 |
Interest income related to accretion of unguaranteed residual asset |  | 7 |  | 9 |  | 13 |
Interest income on deferred fees and costs |  | 21 |  | 20 |  | 4 |
Total sales-type and direct financing lease income |  | 82 |  | 98 |  | 95 |
Operating leases |  |  |  |
Operating lease income related to lease payments |  | 43 |  | 68 |  | 84 |
Other operating leasing gains and (losses) |  | — |  | 8 |  | 8 |
Total operating lease income and other leasing gains |  | 43 |  | 76 |  | 92 |
Total lease income |  | $ | 125 |  | $ | 174 |  | $ | 187 |
Schedule of Lease Income, Direct Financing Lease | The components of equipment leasing income are summarized in the table below:
Dollars in millions |  | December 31, 2025 | December 31, 2024 | December 31, 2023
Sales-type and direct financing leases |  |  |  |
Interest income on lease receivable |  | $ | 54 |  | $ | 69 |  | $ | 78 |
Interest income related to accretion of unguaranteed residual asset |  | 7 |  | 9 |  | 13 |
Interest income on deferred fees and costs |  | 21 |  | 20 |  | 4 |
Total sales-type and direct financing lease income |  | 82 |  | 98 |  | 95 |
Operating leases |  |  |  |
Operating lease income related to lease payments |  | 43 |  | 68 |  | 84 |
Other operating leasing gains and (losses) |  | — |  | 8 |  | 8 |
Total operating lease income and other leasing gains |  | 43 |  | 76 |  | 92 |
Total lease income |  | $ | 125 |  | $ | 174 |  | $ | 187 |
Schedule of Composition of Net Investment in Sales-Type and Direct Financing Leases | The composition of the net investment in sales-type and direct financing leases is as follows:
Dollars in millions | December 31, 2025 | December 31, 2024 |
Lease receivables | $ | 1,916 |  | $ | 2,345 |  |
Unearned income | (276) |  | (270) |  |
Unguaranteed residual value | 454 |  | 421 |  |
Deferred fees and costs | 5 |  | 1 |  |
Net investment in sales-type and direct financing leases | $ | 2,099 |  | $ | 2,497 |  |
Schedule of Minimum Future Lease Payments to be Received for Sales-Type and Direct Financing Leases | At December 31, 2025, minimum future lease payments to be received for leases are as follows:
Dollars in millions | Sales-type and direct financing lease payments | Operating lease payments
2026 | $ | 583 |  | $ | 27 |
2027 | 410 |  | 19 |
2028 | 256 |  | 10 |
2029 | 182 |  | 5 |
2030 | 141 |  | 4 |
Thereafter | 344 |  | 14 |
Total lease payments | $ | 1,916 |  | $ | 79 |
Schedule of Minimum Future Lease Payments to be Received for Operating Leases | At December 31, 2025, minimum future lease payments to be received for leases are as follows:
Dollars in millions | Sales-type and direct financing lease payments | Operating lease payments
2026 | $ | 583 |  | $ | 27 |
2027 | 410 |  | 19 |
2028 | 256 |  | 10 |
2029 | 182 |  | 5 |
2030 | 141 |  | 4 |
Thereafter | 344 |  | 14 |
Total lease payments | $ | 1,916 |  | $ | 79 |

X
- Definition Lessee, Assets and Liabilities [Table Text Block] + References No definition available. + Details
Name: | key_LesseeAssetsandLiabilitiesTableTextBlock
Namespace Prefix: | key_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Components Of Net Investment In Leases [Table Text Block] + References No definition available. + Details
Name: | key_ScheduleOfComponentsOfNetInvestmentInLeasesTableTextBlock
Namespace Prefix: | key_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of lease income from direct financing lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-5 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-6A + Details
Name: | us-gaap_DirectFinancingLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-12 + Details
Name: | us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of income from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-5 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-6A + Details
Name: | us-gaap_OperatingLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity of undiscounted cash flows to be received on annual basis for sales-type and direct financing leases receivable. Includes, but is not limited to, reconciliation to lease receivable recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-10 + Details
Name: | us-gaap_SalesTypeAndDirectFinancingLeasesLeaseReceivableMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of income from sales-type lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-5 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-6A + Details
Name: | us-gaap_SalesTypeLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration