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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2011
ASSETS      
Cash and due from banks $ 717 $ 694 $ 853
Short-term investments 2,216 3,519 4,563
Trading account assets 679 623 769
Securities available for sale 13,205 16,012 18,680
Held-to-maturity securities (fair value: $4,396, $2,133 and $19) 4,352 2,109 19
Other investments 1,186 1,163 1,195
Loans, net of unearned income of $1,155, $1,388 and $1,460 49,605 49,575 47,840
Less: Allowance for loan and lease losses 888 1,004 1,230
Net loans 48,717 48,571 46,610
Loans held for sale 656 728 381
Premises and equipment 931 944 919
Operating lease assets 318 350 453
Goodwill 917 917 917
Other intangible assets 15 17 19
Corporate-owned life insurance 3,285 3,256 3,208
Derivative assets 818 945 900
Accrued income and other assets (including $91 of consolidated LIHTC guaranteed funds VIEs, see Note 9)(a) 2,978 [1] 3,077 [1] 2,968 [1]
Discontinued assets (including $2,611 of consolidated education loan securitization trust VIEs (see Note 9) and $73 of loans in portfolio at fair value)(a) 5,533 [1] 5,860 [1] 6,328 [1]
Total assets 86,523 88,785 88,782
Deposits in domestic offices:      
NOW and money market deposit accounts 28,957 27,954 26,277
Savings deposits 2,103 1,962 1,973
Certificates of deposit ($100,000 or more) 3,669 4,111 4,939
Other time deposits 5,385 6,243 7,167
Total interest-bearing 40,114 40,270 40,356
Noninterest-bearing 21,435 21,098 19,318
Deposits in foreign office - interest-bearing 618 588 736
Total deposits 62,167 61,956 60,410
Federal funds purchased and securities sold under repurchase agreements 1,716 1,711 1,668
Bank notes and other short-term borrowings 362 337 511
Derivative liabilities 763 1,026 991
Accrued expense and other liabilities 1,417 1,763 1,518
Long-term debt 7,521 9,520 10,997
Discontinued liabilities (including $2,401 of consolidated education loan securitization trust VIEs at fair value, see Note 9)(a) 2,401 [1] 2,550 [1] 2,950 [1]
Total liabilities 76,347 78,863 79,045
Preferred stock, $1 par value, authorized 25,000,000 shares:      
Common shares, $1 par value; authorized 1,400,000,000 shares; issued 1,016,969,905, 1,016,969,905 and 1,016,969,905 shares 1,017 1,017 1,017
Capital surplus 4,120 4,194 4,191
Retained earnings 6,595 6,246 5,926
Treasury stock, at cost (71,496,550, 63,962,113 and 63,147,538) (1,796) (1,815) (1,815)
Accumulated other comprehensive income (loss) (72) (28) 109
Key shareholders' equity 10,155 9,905 9,719
Noncontrolling interests 21 17 18
Total equity 10,176 9,922 9,737
Total liabilities and equity 86,523 88,785 88,782
Preferred Stock
     
Preferred stock, $1 par value, authorized 25,000,000 shares:      
Total equity 291 291 291
Series A Preferred Stock
     
Preferred stock, $1 par value, authorized 25,000,000 shares:      
Preferred stock $ 291 $ 291 $ 291
[1] The assets of the VIEs can only be used by the particular VIE and there is no recourse to Key with respect to the liabilities of the consolidated LIHTC or education loan securitization trust VIEs.