Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 136

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 2
Chunk 136
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286 Balance at June 30, 2025$(2,158)$(108)$(235)$(2,501)Balance at December 31, 2023$(4,190)$(763)$(276)$(5,229)Other comprehensive income before reclassification, net of income taxes(102)(142)2 (242)Amounts reclassified from AOCI, net of income taxes (a)10 316 1 327 Net current-period other comprehensive income, net of income taxes(92)174 3 85 Balance at June 30, 2024$(4,282)$(589)$(273)$(5,144)Balance at March 31, 2024$(4,341)$(698)$(275)$(5,314)Other comprehensive income before reclassification, net of income taxes51 (43)— 8 Amounts reclassified from AOCI, net of income taxes (a)8 152 2 162 Net current-period other comprehensive income, net of income taxes59 109 2 170 Balance at June 30, 2024$(4,282)$(589)$(273)$(5,144)(a)See table below for details about these reclassifications.Our reclassifications out of AOCI for the three and six months ended June 30, 2025, and June 30, 2024, are as follows:Three months ended June 30,Affected Line Item in the Consolidated Statement of IncomeDollars in millions20252024Unrealized gains (losses) on securities available for sale Realized gains$— $— Net securities gains (losses)Realized losses— (10)Net securities gains (losses)— (10)Income (loss) from continuing operations before income taxes— (2)Income taxes$— $(8)Income (loss) from continuing operationsUnrealized gains (losses) on derivative financial instrumentsInterest rate$(90)$(199)Interest income — LoansInterest rate(1)(1)Interest expense — Long-term debtInterest rate— — Investment banking and debt placement fees(91)(200)Income (loss) from continuing operations before income taxes(22)(48)Income taxes$(69)$(152)Income (loss) from continuing operationsNet pension and postretirement benefit costsAmortization of losses$(2)$(2)Other expenseSettlement