← KEYCORP /NEW/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $1.9b $967.0m ($161.0m) $1.8b
Net Income (Loss) Attributable to Parent $791.0m $1.3b $1.9b $1.7b $1.3b $2.6b $1.9b $967.0m ($161.0m) $1.8b
Net Income (Loss) Available to Common Stockholders, Basic $754.0m $1.2b $1.8b $1.6b $1.2b $2.5b $1.8b $824.0m ($304.0m) $1.7b
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $790.0m $1.3b $1.9b $1.7b $1.3b $2.6b $1.9b $967.0m — —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $790.0m $1.3b $1.9b $1.7b $1.3b $2.6b $1.9b $964.0m ($163.0m) $1.8b
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $789.0m $1.3b $1.9b $1.7b $1.3b $2.6b $1.9b $964.0m ($163.0m) $1.8b
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $1.0m $7.0m $7.0m $9.0m $14.0m $13.0m $6.0m $3.0m $2.0m $1.0m
Net Income (Loss) Attributable to Noncontrolling Interest ($1.0m) $2.0m $0 $0 $0 $0 $0 $0 — —
Depreciation, Depletion and Amortization $303.0m $138.0m $129.0m $118.0m $115.0m $107.0m $96.0m $89.0m $91.0m $87.0m
Depreciation, Amortization and Accretion, Net $314.0m $407.0m $382.0m $241.0m $111.0m $32.0m $137.0m $134.0m $73.0m $21.0m
Amortization of Intangible Assets $55.0m $95.0m $99.0m $89.0m $65.0m $58.0m — — — —
Capitalized Computer Software, Amortization — — — — $49.0m $66.0m $77.0m $78.0m $84.0m $93.0m
Depreciation Amortization Depletion — — — — — — $164.0m $154.0m $73.0m $21.0m
Deferred Income Tax Expense (Benefit) $11.0m $303.0m $98.0m $53.0m ($192.0m) $146.0m ($26.0m) ($109.0m) ($351.0m) $3.0m
Deferred Income Tax — — — — — — ($27.0m) ($108.0m) ($351.0m) $4.0m
Deferred Tax — — — — — — ($27.0m) ($108.0m) ($351.0m) $4.0m
Share-based Payment Arrangement, Noncash Expense $99.0m $100.0m $99.0m $96.0m $101.0m $104.0m $120.0m $121.0m $104.0m $132.0m
Share-based Payment Arrangement, Expense $102.0m $104.0m $99.0m $96.0m $101.0m $104.0m $120.0m $121.0m $104.0m $132.0m
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — $0 $1.0m $0 $0 $0 $0 $5.0m $0
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property ($56.0m) ($24.0m) ($9.0m) $2.0m ($5.0m) ($18.0m) $7.0m ($18.0m) $7.0m $0
Gain (Loss) on Disposition of Business — — $83.0m $0 $0 — — — — —
Income Tax Expense (Benefit) $179.0m $637.0m $344.0m $314.0m $227.0m $642.0m $422.0m $196.0m ($143.0m) $476.0m
Operating Lease, Expense — — — — $138.0m $126.0m $101.0m $77.0m $63.0m $38.0m
Operating Lease, Lease Income — — — $161.0m $167.0m $148.0m $103.0m $92.0m $76.0m $43.0m
Additional Financial Items
Provision for Loan, Lease, and Other Losses $266.0m $229.0m $246.0m $445.0m $1.0b ($418.0m) $502.0m $489.0m $335.0m $471.0m
Bank Owned Life Insurance Income $125.0m $131.0m $137.0m $136.0m $139.0m $128.0m $132.0m $132.0m $138.0m $140.0m
Gain (Loss) on Sales of Loans, Net $139.0m $181.0m $183.0m $188.0m $233.0m $282.0m $151.0m $135.0m $120.0m $147.0m
Proceeds from Stock Options Exercised — $25.0m $20.0m $18.0m $8.0m $27.0m $6.0m $1.0m $10.0m $8.0m
Accretion Expense $116.0m $203.0m $86.0m $50.0m $28.0m $24.0m $27.0m $20.0m — —
Debt and Equity Securities, Gain (Loss) — — $0 $20.0m $4.0m $7.0m $9.0m ($11.0m) ($1.9b) ($6.0m)
Debt Securities, Available-for-sale, Realized Gain (Loss) — — $0 $20.0m — — — — — —
Equipment Expense $98.0m $114.0m $105.0m $100.0m $100.0m $100.0m $92.0m $88.0m $80.0m $83.0m
Goodwill $2.4b $2.5b $2.5b $2.7b $2.7b $2.7b $2.8b $2.8b $2.8b $2.8b
Financing Receivable, Credit Loss, Expense (Reversal) — — — — $965.0m ($381.0m) $437.0m $415.0m $341.0m $448.0m
Beginning Cash Position — — — — — — $913.0m $887.0m $941.0m $1.7b
Cash Flow From Continuing Financing Activities — — — — — — $6.4b ($4.3b) ($2.4b) ($5.9b)
Cash Flow From Continuing Investing Activities — — — — — — ($10.9b) $1.4b $2.5b $3.2b
Change In Accrued Expense — — — — — — $1.4b $450.0m ($72.0m) ($723.0m)
Change In Other Working Capital — — — — — — ($128.0m) ($313.0m) ($141.0m) $222.0m
Change In Payables And Accrued Expense — — — — — — $1.4b $450.0m ($72.0m) ($723.0m)
Change In Receivables — — — — — — ($1.0b) $554.0m ($270.0m) $221.0m
Change In Working Capital — — — — — — $237.0m $691.0m ($483.0m) ($280.0m)
Changes In Cash — — — — — — ($26.0m) $54.0m $802.0m ($456.0m)
End Cash Position — — — — — — $887.0m $941.0m $1.7b $1.3b
Financing Cash Flow — — — — — — $6.4b ($4.3b) ($2.4b) ($5.9b)
Free Cash Flow — — — — — — $4.4b $2.8b $599.0m $2.1b
Gain Loss On Investment Securities — — — — — — ($9.0m) $11.0m $1.9b $6.0m
Gain Loss On Sale Of PPE — — — — — — $0 $9.0m ($16.0m) $0
Investing Cash Flow — — — — — — ($10.9b) $1.4b $2.5b $3.2b
Issuance Of Capital Stock — — — — — — $596.0m $1.0m $10.0m $9.0m
Net Business Purchase And Sale — — — — — ($29.0m) ($58.0m) $0 $0 —
Net Intangibles Purchase And Sale — — — — — $0 ($12.0m) $0 $0 —
Net PPE Purchase And Sale — — — — — — ($80.0m) ($137.0m) ($41.0m) ($103.0m)
Net Preferred Stock Issuance — — — — — $0 $590.0m $0 $0 —
Operating Gains Losses — — — — — — ($160.0m) ($115.0m) $1.7b ($141.0m)
Other Non Cash Items — — — — — — $1.7b $704.0m ($573.0m) $172.0m
Preferred Stock Issuance — — — — — $0 $590.0m $0 $0 —
Proceeds From Stock Option Exercised — — — — — — ($44.0m) ($34.0m) ($28.0m) ($35.0m)
Purchase Of Business — — — — — ($29.0m) ($58.0m) $0 $0 —
Purchase Of Intangibles — — — — — $0 ($12.0m) $0 $0 —
Purchase Of PPE — — — — — — ($96.0m) ($142.0m) ($65.0m) ($107.0m)
Repurchase Of Capital Stock — — — — — — $0 ($38.0m) $0 ($200.0m)
Sale Of PPE — — — — — — $16.0m $5.0m $24.0m $4.0m
Stock Based Compensation — — — — — — $120.0m $121.0m $104.0m $132.0m
Derivative, Gain (Loss) on Derivative, Net — — $0 $0 $0 $0 $0 — — —
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax — — — — — — — — $2.0m $1.0m
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $51.0m — — — — — — — — —
Net Cash Provided by (Used in) Operating Activities $1.7b $1.8b $2.5b $2.9b $1.7b $1.2b $4.5b $2.9b $664.0m $2.2b
Cash flows from investing activities:
Capital Expenditure — — — — — — ($108.0m) ($142.0m) ($65.0m) ($107.0m)
Payments to Acquire Businesses, Net of Cash Acquired $481.0m $144.0m $0 $185.0m $0 $29.0m $58.0m $0 $0 —
Net Investment Purchase And Sale — — — — — — $6.6b ($5.4b) ($5.7b) $5.7b
Purchase Of Investment — — — — — — ($8.8b) ($11.7b) ($27.8b) ($10.1b)
Gain (Loss) on Sale of Investments $0 — — — — — — — — —
Sale Of Investment — — — — — — $15.4b $6.4b $22.1b $15.8b
Net Other Investing Changes — — — — — — $72.0m $96.0m $107.0m $86.0m
Net Cash Provided by (Used in) Investing Activities ($6.5b) ($2.2b) ($2.5b) ($4.9b) ($24.7b) ($15.1b) ($10.9b) $1.4b $2.5b $3.2b
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $4.2b $4.0b $3.2b $3.6b $9.9b $7.6b $4.5b $3.2b $2.8b $7.3b
Proceeds from Issuance of Long-term Debt $2.8b $2.9b $2.3b $2.1b $3.6b $1.2b $16.6b $5.2b $1.6b $1.6b
Issuance Of Debt — — — — — — $16.6b $5.2b $1.6b $1.6b
Long Term Debt Issuance — — — — — — $16.6b $5.2b $1.6b $1.6b
Net Issuance Payments Of Debt — — — — — — $16.7b ($6.3b) ($8.4b) ($3.6b)
Net Long Term Debt Issuance — — — — — — $8.0b $96.0m ($7.4b) ($2.5b)
Net Short Term Debt Issuance — — — — — — $8.7b ($6.4b) ($947.0m) ($1.1b)
Repayments of Long-term Debt $1.3b $748.0m $2.9b $3.6b $2.5b $2.6b $8.6b $5.1b $9.1b $4.1b
Long Term Debt Payments — — — — — — ($8.6b) ($5.1b) ($9.1b) ($4.1b)
Repayment Of Debt — — — — — — ($8.6b) ($5.1b) ($9.1b) ($4.1b)
Proceeds from Issuance of Common Stock $32.0m $25.0m $20.0m $18.0m $8.0m $27.0m $6.0m $1.0m $10.0m $9.0m
Common Stock Issuance — — — — — — $6.0m $1.0m $10.0m $9.0m
Net Common Stock Issuance — — — — — — $6.0m ($37.0m) $10.0m ($191.0m)
Payments for Repurchase of Common Stock $140.0m $664.0m $1.1b $835.0m $134.0m $559.0m $0 $0 — —
Common Stock Payments — — — — — — $0 ($38.0m) $0 ($200.0m)
Dividends paid $335.0m $480.0m $656.0m $804.0m $829.0m $823.0m $854.0m $911.0m $927.0m $1.1b
Payments of Dividends $335.0m $480.0m $656.0m $804.0m $829.0m $823.0m $854.0m $911.0m $927.0m $1.1b
Cash Dividends Paid — — — — — — ($854.0m) ($911.0m) ($927.0m) ($1.1b)
Common Stock Dividend Paid — — — — — — ($854.0m) ($911.0m) ($927.0m) ($1.1b)
Net Cash Provided by (Used in) Financing Activities $4.8b $418.0m ($17.0m) $2.1b $23.4b $13.7b $6.4b ($4.3b) ($2.4b) ($5.9b)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — $54.0m $359.0m ($178.0m) ($26.0m) $54.0m $802.0m ($456.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $732.0m $1.1b $913.0m $887.0m $941.0m $1.7b $1.3b
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($26.0m) $54.0m $802.0m ($456.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $429.0m $598.0m $892.0m $1.3b $731.0m $363.0m $601.0m $3.1b $4.2b $3.7b
Income Taxes Paid, Net $144.0m $6.0m $12.0m $18.0m $241.0m $277.0m $292.0m $156.0m $68.0m $71.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.