Company: KEY-PI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048757
Chunk: 254

Company: KEYCORP /NEW/
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 8
Chunk 254
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105 Loans held for sale (b)704 — — 704 — — 704 OtherCash and other short-term investments (a)19,247 19,247 — — — — 19,247 LIABILITIES (by measurement category)Fair value - net incomeDerivative liabilities - trading (b)$1,028 $85 $1,351 $— $— $(408)(f) $1,028 Fair value - OCIDerivative liabilities - hedging (b)(g)— — 3 — — (3)(f) — Amortized costTime deposits (e)16,952 — 17,068 — — — 17,068 Short-term borrowings (a)2,144 107 2,037 — — — 2,144 Long-term debt (e)12,105 11,430 477 — — — 11,907 OtherDeposits with no stated maturity (a)132,808 — 132,808 — — — 132,808 

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Valuation Methods and Assumptions(a)Fair value equals or approximates carrying amount. The fair value of deposits with no stated maturity does not take into consideration the value ascribed to core deposit intangibles.(b)Information pertaining to our methodology for measuring the fair values of these assets and liabilities is included in the sections entitled “Qualitative Disclosures of Valuation Techniques” and “Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis” within our 2024 Form 10-K Note 6 (“Fair Value Measurements”). (c)Fair values of held-to-maturity securities are determined by using models that are based on security-specific details, as well as relevant industry and economic factors. The most significant of these inputs are quoted market prices, interest rate spreads on relevant benchmark securities, and certain prepayment assumptions. We review the valuations derived from the models to ensure that they are reasonable and consistent with the values placed on similar securities traded in the secondary markets.(d)The fair value of loans is based on the present value of the expected cash flows. The projected cash flows are based on the contractual terms of the loans, adjusted for prepayments and use of a discount rate based on the relative risk of the cash flows, taking into account