Company: KEY-PI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000091576-25-000058
Chunk: 234

Company: KEYCORP /NEW/
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 234
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 value hedging relationshipsInterest contractsRecognized on hedged items$(153)$— $78 $— Recognized on derivatives designated as hedging instruments108 — (71)— Net income (expense) recognized on fair value hedges$(45)$— $7 $— Net gain (loss) on cash flow hedging relationshipsInterest contractsRealized gains (losses) (pre-tax) reclassified from AOCI into net income$(1)$(93)$— $— Net income (expense) recognized on cash flow hedges$(1)$(93)$— $— Three months ended March 31, 2024Total amounts presented in the consolidated statement of income$(328)$1,538 $232 $170 Net gains (losses) on fair value hedging relationshipsInterest contractsRecognized on hedged items$128 $— $(151)$— Recognized on derivatives designated as hedging instruments(200)— 182 — Net income (expense) recognized on fair value hedges$(72)$— $31 $— Net gain (loss) on cash flow hedging relationshipsInterest contractsRealized gains (losses) (pre-tax) reclassified from AOCI into net income$— $(216)$— $1 Net income (expense) recognized on cash flow hedges$— $(216)$— $1 

73

The following table summarizes the pre-tax net gains (losses) on our cash flow hedges for the three-month periods ended March 31, 2025, and March 31, 2024, and where they are recorded on the income statement. The table includes net gains (losses) recognized in AOCI during the period and net gains (losses) reclassified from AOCI into income during the current period.Dollars in millionsNet Gains (Losses) Recognized in OCIIncome Statement Location of Net Gains (Losses) Reclassified From OCI Into IncomeNet Gains (Losses) Reclassified From OCI Into IncomeThree months ended March 31, 2025Cash Flow HedgesInterest rate$241 Interest income — Loans$(93)Interest rate(1)Interest expense — Long-term debt(1)Interest rate— Investment banking and debt placement fees— Total$240 $(94)Three months ended March 31, 2024Cash Flow HedgesInterest