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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2022
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:
 Three months ended September 30,Nine months ended September 30,
Dollars in millions, except per share amounts2022202120222021
EARNINGS
Income (loss) from continuing operations
$540 $643 $1,517 $1,985 
Less: Net income (loss) attributable to noncontrolling interests —  — 
Income (loss) from continuing operations attributable to Key540 643 1,517 1,985 
Less: Dividends on Preferred Stock27 27 80 80 
Income (loss) from continuing operations attributable to Key common shareholders513 616 1,437 1,905 
Income (loss) from discontinued operations, net of taxes2 6 11 
Net income (loss) attributable to Key common shareholders$515 $618 $1,443 $1,916 
WEIGHTED-AVERAGE COMMON SHARES
Weighted-average Common Shares outstanding (000)924,594 942,446 924,085 955,069 
Effect of Common Share options and other stock awards7,861 10,077 8,679 9,712 
Weighted-average Common Shares and potential Common Shares outstanding (000) (a)
932,455 952,523 932,764 964,781 
EARNINGS PER COMMON SHARE
Income (loss) from continuing operations attributable to Key common shareholders$.55 $.65 $1.55 $1.99 
Income (loss) from discontinued operations, net of taxes — .01 .01 
Net income (loss) attributable to Key common shareholders (b)
.55 .66 1.56 2.00 
Income (loss) from continuing operations attributable to Key common shareholders — assuming dilution
$.55 $.65 $1.54 $1.98 
Income (loss) from discontinued operations, net of taxes — assuming dilution — .01 .01 
Net income (loss) attributable to Key common shareholders — assuming dilution (b)
.55 .65 1.55 1.99 
(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.