Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 117

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 2
Chunk 117
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$(183)$— $— Six months ended June 30, 2024Total amounts presented in the consolidated statement of income$(660)$3,062 $491 $296 Net gains (losses) on fair value hedging relationshipsInterest rate contractsRecognized on hedged items$135 $— $(173)$— Recognized on derivatives designated as hedging instruments(280)— 238 — Net income (expense) recognized on fair value hedges$(145)$— $65 $— Net gain (loss) on cash flow hedging relationshipsInterest rate contractsRealized gains (losses) (pre-tax) reclassified from AOCI into net income$(1)$(415)$— $1 Net income (expense) recognized on cash flow hedges$(1)$(415)$— $1 The following table summarizes the pre-tax net gains (losses) on our cash flow hedges for the three- and six-month periods ended June 30, 2025, and June 30, 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 June 30, 2025Cash Flow HedgesInterest rate$122 Interest income — Loans$(90)Interest rate— Interest expense — Long-term debt(1)Interest rate— Investment banking and debt placement fees— Total$122 $(91)Three months ended June 30, 2024Cash Flow HedgesInterest rate$(78)Interest income — Loans$(199)Interest rate— Interest expense — Long-term debt(1)Interest rate— Investment banking and debt placement fees— Total$(78)$(200)Dollars in millionsNet Gains (Losses)Recognized in OCIIncome Statement Location of Net Gains (Losses)Reclassified From OCI Into IncomeNet Gains(Losses) ReclassifiedFrom OCI Into Income(a)Six months ended June 30, 2025Cash Flow HedgesInterest rate$363 Interest