Company: KEY-PI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000091576-25-000058
Chunk: 223

Company: KEYCORP /NEW/
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 223
---
 Disclosures of Financial InstrumentsThe levels in the fair value hierarchy ascribed to our financial instruments and the related carrying amounts at March 31, 2025, and December 31, 2024, are shown in the following tables. Assets and liabilities are further arranged by measurement category. March 31, 2025  Fair ValueDollars in millionsCarryingAmountLevel 1Level 2Level 3Measuredat NAVNettingAdjustment TotalASSETS (by measurement category)Fair value - net incomeTrading account assets (b)$1,296 $— $1,296 $— $— $—   $1,296 Other investments (b)1,050 — — 972 78 —   1,050 Loans, net of unearned income (residential) (d)10 — — 10 — —   10 Loans held for sale (residential) (b)86 — 86 — — —   86 Derivative assets - trading (b)418 72 617 6 — (277)(f) 418 Fair value - OCISecurities available for sale (b)40,751 — 40,751 — — —   40,751 Derivative assets - hedging (b)(g)2 — 4 — — (2)(f) 2 Amortized costHeld-to-maturity securities (c)7,160 — 6,730 — — —   6,730 Loans, net of unearned income (d)103,370 — — 99,542 — —   99,542 Loans held for sale (b)725 — — 725 — — 725 OtherCash and other short-term investments (a)17,258 17,258 — — — — 17,258 LIABILITIES (by measurement category)Fair value - net incomeDerivative liabilities - trading (b)$773 $64 $1,230 $6 $— $(527)(f) $773 Fair value - OCIDerivative liabilities - hedging (b)(g)2 — 3 — — (1)(f) 2 Amortized