Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

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 amounts	2019		2018		2017
EARNINGS
Income (loss) from continuing operations	$	1,708	$	1,859	$	1,291
Less: Net income (loss) attributable to noncontrolling interests	—		—		2
Income (loss) from continuing operations attributable to Key	1,708		1,859		1,289
Less: Dividends on preferred stock	97		66		70
Income (loss) from continuing operations attributable to Key common shareholders	1,611		1,793		1,219
Income (loss) from discontinued operations, net of taxes	9		7		7
Net income (loss) attributable to Key common shareholders	$	1,620	$	1,800	$	1,226
WEIGHTED-AVERAGE COMMON SHARES
Weighted-average Common Shares outstanding (000)	992,091		1,040,890		1,072,078
Effect of common share options and other stock awards	10,163		13,792		16,515
Weighted-average common shares and potential Common Shares outstanding (000) (a)	1,002,254		1,054,682		1,088,593
EARNINGS PER COMMON SHARE
Income (loss) from continuing operations attributable to Key common shareholders	$	1.62	$	1.72	$	1.13
Income (loss) from discontinued operations, net of taxes	.01		.01		.01
Net income (loss) attributable to Key common shareholders (b)	1.63		1.73		1.14
Income (loss) from continuing operations attributable to Key common shareholders — assuming dilution	1.61		1.70		1.12
Income (loss) from discontinued operations, net of taxes	.01		.01		.01
Net income (loss) attributable to Key common shareholders — assuming dilution (b)	1.62		1.71		1.13

(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.