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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
INTEREST INCOME        
Loans $ 1,025 $ 928 $ 2,965 $ 2,753
Loans held for sale 12 17 40 39
Securities available for sale 102 91 294 276
Held-to-maturity securities 72 55 213 161
Trading account assets 7 7 21 21
Short-term investments 15 6 31 14
Other investments 6 5 17 12
Total interest income 1,239 1,109 3,581 3,276
INTEREST EXPENSE        
Deposits 140 72 343 196
Federal funds purchased and securities sold under repurchase agreements 1 0 10 1
Bank notes and other short-term borrowings 4 3 17 12
Long-term debt 108 86 302 228
Total interest expense 253 161 672 437
NET INTEREST INCOME 986 948 2,909 2,839
Provision for credit losses 62 51 187 180
Net interest income after provision for credit losses 924 897 2,722 2,659
NONINTEREST INCOME        
Trust and investment services income 117 135 378 404
Investment banking and debt placement fees 166 141 464 403
Service charges on deposit accounts 85 91 265 268
Operating lease income and other leasing gains 35 16 61 69
Corporate services income 52 54 175 163
Cards and payments income 69 75 202 210
Corporate-owned life insurance income 34 31 98 94
Consumer mortgage income 9 7 23 19
Mortgage servicing fees 19 21 61 54
Other income [1] 23 21 143 138
Total noninterest income 609 592 1,870 1,822
NONINTEREST EXPENSE        
Personnel 553 559 1,733 1,669
Net occupancy 76 74 233 239
Computer processing 52 56 155 171
Business services and professional fees 43 49 135 140
Equipment 27 29 79 83
Operating lease expense 31 24 88 64
Marketing 26 34 77 85
FDIC assessment 21 21 63 62
Intangible asset amortization 23 25 77 69
OREO expense, net 3 3 5 8
Other expense 109 118 318 410
Total noninterest expense 964 992 2,963 3,000
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 569 497 1,629 1,481
Income taxes 87 134 252 386
INCOME (LOSS) FROM CONTINUING OPERATIONS 482 363 1,377 1,095
Income (loss) from discontinued operations 0 1 5 6
NET INCOME (LOSS) 482 364 1,382 1,101
Less: Net income (loss) attributable to noncontrolling interests 0 0 0 1
NET INCOME (LOSS) ATTRIBUTABLE TO KEY 482 364 1,382 1,100
Income (loss) from continuing operations attributable to Key common shareholders 468 349 1,334 1,038
Net income (loss) attributable to Key common shareholders $ 468 $ 350 $ 1,339 $ 1,044
Per Common Share:        
Income (loss) from continuing operations attributable to Key common shareholders (in usd per share) $ 0.45 $ 0.32 $ 1.28 $ 0.96
Income (loss) from discontinued operations, net of taxes (in usd per share) 0 0 0.01 0.01
Net income (loss) attributable to Key common shareholders (in usd per share) [2] 0.45 0.32 1.27 0.97
Per Common Share — assuming dilution:        
Income (loss) from continuing operations attributable to Key common shareholders (in usd per share) 0.45 0.32 1.26 0.95
Income (loss) from discontinued operations, net of taxes (in usd per share) 0 0 0.01 0.01
Net income (loss) attributable to Key common shareholders (in usd per share) [2] 0.45 0.32 1.26 0.96
Cash dividends declared per common share (in usd per share) $ 0.17 $ 0.095 $ 0.395 $ 0.275
Weighted-average common shares outstanding (in shares) 1,036,479 1,073,390 1,048,397 1,075,296
Effect of common share options and other stock awards (in shares) 13,497 15,451 14,419 16,359
Weighted-average common shares and potential common shares outstanding (in shares) [3] 1,049,976 1,088,841 1,062,816 1,091,655
[1] For the three and nine months ended September 30, 2018, net securities gains totaled less than $1 million. For the three and nine months ended September 30, 2017, net securities gains totaled $1 million. For the three and nine months ended September 30, 2018, and September 30, 2017, we did not have any impairment losses related to securities.
[2] EPS may not foot due to rounding.
[3] Assumes conversion of Common Share options and other stock awards and/or convertible preferred stock, as applicable.