KeyCorp KEY Cash Flow

Keycorp (KEY)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
OPERATING ACTIVITIES
Net income (loss)
1,456	1,717	1,732	1,798	1,855	1,866	1,579	1,461	1,391	1,298	1,329	1,138	927	790	791	835	873	920	945	914	900	907	883	968	947	910	883	833	870	865	862	859	861	932	1,055	1,063	894	584	73	-555	-852	-1,311	0	0	0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Provision for credit losses
742	445	395	257	247	246	236	225	227	229	246	254	240	266	245	231	220	166	143	117	88	57	62	71	87	138	168	249	242	229	150	51	22	-60	-135	-51	185	638	1,491	2,130	2,725	3,159	0	0	0
Provision (credit) for losses on LIHTC guaranteed funds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision (credit) for losses on lending-related commitments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-28	87	44	46	48	0	0	0	-	-	-	-
Depreciation and amortization expense, net
237	241	275	308	337	382	396	404	410	407	322	388	352	314	364	255	259	247	237	253	244	246	238	237	229	221	241	224	231	235	155	162	175	201	284	300	316	330	346	361	382	389	0	0	0
Accretion of acquired loans
43	50	56	92	76	86	101	92	187	203	287	249	159	116	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash surrender value of corporate-owned life insurance
122	121	119	118	117	117	118	119	119	119	120	118	114	111	109	107	108	108	108	108	107	106	105	104	105	106	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
96	96	93	94	97	99	104	102	100	100	107	114	107	99	77	61	64	58	60	56	46	44	39	37	36	35	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC reimbursement (payments), net of FDIC expense
-	-	-	-	-	-10	1	1	0	-3	4	11	10	13	0	0	0	-	-	-	-	-	-	-	-	296	303	310	26	26	24	24	26	46	67	81	99	105	0	0	0	-	-	-	-
Net losses (gains) from loan sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Deferred income taxes (benefit)
64	-53	-76	-149	-175	-98	-272	-108	-188	-303	-208	-196	-98	-11	69	22	76	76	36	31	-15	-5	-4	-2	-37	-29	5	-33	-39	-35	-614	-198	-249	-317	197	-303	-285	-80	87	531	1,163	878	0	0	0
Proceeds from sales of loans held for sale
12,622	11,980	13,888	12,761	13,316	14,019	12,088	12,785	12,377	11,963	11,500	10,513	9,796	8,572	7,152	6,547	7,218	7,333	7,916	7,542	6,000	5,386	4,612	4,556	4,919	5,595	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Originations of loans held for sale, net of repayments
13,281	11,704	13,380	12,894	12,347	13,948	12,190	12,355	12,564	11,846	11,132	11,105	9,770	8,361	7,160	6,007	6,116	7,072	7,892	7,812	7,141	5,415	4,612	4,483	4,748	5,440	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision (credit) for customer derivative losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-36	-35	-33	4	0	0	0	-	-	-	-
Net losses (gains) on sales of loans held for sale
198	188	179	164	167	183	200	196	190	181	158	182	172	139	120	79	85	103	113	112	102	97	89	95	101	115	136	150	151	144	120	99	78	75	77	77	91	76	0	0	0	-	-	-	-
Net losses (gains) from principal investing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	22	22	51	69	67	83	78	80	88	68	52	34	28	45	72	62	85	78	78	80	64	64	66	152	128	105	-4	0	0	0
Net losses (gains) and writedown on OREO
-	-	-	-	-	0	0	-5	-4	-5	-4	-4	-4	-4	0	0	0	-	-	-	-	-	-	-	-	-6	-30	-21	-16	-13	15	16	5	9	14	17	42	60	0	0	0	-	-	-	-
Net losses (gains) on leased equipment
13	17	-59	-67	-40	-41	33	25	-8	-3	1	3	-5	-7	-12	-4	3	6	8	10	24	35	42	69	50	43	38	56	91	111	118	79	48	25	22	19	16	20	29	47	81	99	0	0	0
Debt and Equity Securities, Gain (Loss)
0	-	-	-	0	-	-	-	-	1	7	1	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	13	14	10	14	3	3	130	113	0	0	0
Net losses (gains) on sales of fixed assets
-1	2	0	-16	-8	-9	-16	-14	-12	-24	-59	-67	-67	-56	0	0	0	-	-	-	-	-	-	-	-	-12	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain from sale/redemption of Visa Inc. shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	105	0	0	0
Intangible asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	241	0	0	0
Net decrease (increase) in loans held for sale excluding loan transfers from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-273	-571	-449	-383	-425	-427	-180	-295	0	0	0
Net decrease (increase) in trading account assets
-184	191	5	171	210	13	175	-248	-152	-31	-143	116	156	79	115	291	-24	38	-154	-216	-51	12	159	298	139	133	143	-88	87	-18	-66	-89	-427	-362	-426	-245	7	-224	-251	243	-247	-71	0	0	0
Other operating activities, net
-487	-560	-739	-637	-61	-14	464	-140	174	601	855	1,000	597	-175	-657	-378	-343	151	134	-117	-135	-384	-368	-303	-279	-337	-402	25	-191	66	1,022	269	65	-392	-1,106	-349	-286	-532	-722	-1,674	-911	-995	0	0	0
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES
2,173	2,906	3,611	2,818	3,277	2,506	1,530	2,812	2,009	1,815	1,908	376	911	1,689	1,742	1,796	2,606	1,131	1,104	1,116	62	1,320	1,144	885	1,472	1,547	1,519	1,851	2,621	1,299	566	712	290	1,793	2,630	2,625	2,293	2,724	2,822	2,999	3,231	2,320	0	0	0
INVESTING ACTIVITIES
Net decrease (increase) in short-term investments, excluding acquisitions
1,561	-1,290	1,079	-203	868	-1,885	-1,721	124	-881	1,672	777	-4,077	-2,911	68	1,252	3,377	2,058	-1,562	-378	9	419	-1,358	-1,230	-407	-159	1,650	1,327	1,367	-524	421	-2,558	-2,347	-100	2,175	2,895	2,579	-640	-399	-1,115	-1,503	1,428	-3,478	0	0	0
Purchases of securities available for sale
4,062	5,714	6,154	6,367	5,649	4,594	3,335	3,446	3,594	3,002	4,240	4,827	5,303	5,718	4,979	3,253	4,297	4,090	5,118	5,073	3,582	3,797	2,587	2,367	3,085	5,222	6,168	5,792	4,525	1,772	232	15	13	624	3,545	6,080	9,909	9,914	8,920	11,923	15,617	15,501	0	0	0
Proceeds from sales of securities available for sale
0	-	-	-	0	-	-	-	-	915	915	5,164	5,161	4,249	0	0	0	-	-	-	-	-	-	-	-	35	0	0	0	-	-	-	-	1,667	1,743	1,697	1,697	142	-585	45	2,977	2,970	0	0	0
Proceeds from sale/redemption of Visa Inc. shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	105	0	0	0
Proceeds from prepayments and maturities of securities available for sale
4,107	3,586	3,136	3,014	3,019	3,197	3,417	3,603	3,771	3,999	4,412	4,712	4,580	4,241	3,608	3,116	3,096	3,098	3,094	3,025	2,934	2,860	2,868	3,240	3,805	4,470	5,117	5,430	5,502	5,551	5,627	5,285	4,878	5,000	5,299	5,457	5,385	4,685	4,230	4,547	4,603	4,275	0	0	0
Proceeds from prepayments and maturities of held-to-maturity securities
1,616	1,477	1,406	1,413	1,455	1,558	1,653	1,704	1,739	1,797	1,929	1,931	1,832	1,627	1,304	1,122	1,087	1,102	1,068	1,025	936	850	808	804	817	847	890	856	774	660	0	0	0	-	-	-	-	6	5	5	3	7	0	0	0
Purchases of held-to-maturity securities
17	22	22	9	495	1,242	3,245	3,343	3,743	3,398	3,213	7,742	7,021	6,968	5,368	936	1,089	988	1,010	815	1,116	1,109	0	0	0	-	-	-	-	2,481	3,486	4,654	3,178	2,175	0	0	0	-	-	-	-	6	0	0	0
Purchases of other investments
127	52	40	52	40	28	30	24	89	87	96	91	30	46	36	36	37	32	31	43	45	49	58	52	52	46	48	47	61	66	61	73	109	138	209	234	200	190	166	155	164	177	0	0	0
Proceeds from sales of other investments
55	60	66	68	59	62	54	69	76	117	138	236	270	243	242	145	137	145	175	244	244	334	414	343	306	187	50	36	29	28	50	50	78	90	142	171	208	216	144	115	60	41	0	0	0
Proceeds from prepayments and maturities of other investments
34	56	42	74	72	40	39	4	3	4	3	5	5	4	9	4	4	8	3	8	6	4	-73	-42	-12	6	145	174	193	197	182	142	114	111	109	121	139	133	107	82	57	70	0	0	0
Net decrease (increase) in loans, excluding acquisitions, sales and transfers
14,312	6,190	4,573	4,403	2,687	3,700	3,298	2,157	2,483	945	1,975	1,983	3,172	3,580	2,391	4,252	2,887	2,951	4,421	3,155	2,994	3,296	2,864	2,844	3,191	2,026	2,691	3,013	3,001	2,935	2,896	2,445	1,329	297	-2,000	-3,743	-4,976	-5,850	-7,544	-10,367	-10,706	-11,066	0	0	0
Proceeds from sales of portfolio loans
392	399	306	251	227	204	197	205	184	183	169	145	137	140	121	115	103	110	118	120	146	120	126	175	149	185	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from corporate-owned life insurance
62	59	59	64	76	78	75	71	64	55	45	32	29	29	32	42	40	46	49	43	44	35	32	28	31	31	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of premises, equipment, and software
88	85	84	101	89	99	129	124	129	112	122	139	139	145	114	88	80	75	84	84	89	97	93	96	99	100	123	258	150	164	179	46	176	180	156	176	165	156	203	210	217	229	0	0	0
Proceeds from loan sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	300	421	611	620	627	593	457	380	0	0	0
Proceeds from sales of premises and equipment
17	18	18	2	2	2	1	1	1	0	0	0	0	0	0	0	0	-	-	-	-	1	1	1	1	8	0	0	0	-	-	-	-	-	-	-	-	3	4	15	16	16	0	0	0
Proceeds from sales of OREO
-	-	-	-	-	31	36	46	47	51	40	28	24	16	19	19	19	22	20	17	18	17	17	19	23	23	31	36	60	67	63	71	97	120	151	197	182	182	198	181	144	114	0	0	0
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES
-13,101	-4,918	-7,057	-5,996	-4,770	-2,482	-2,789	-3,466	-3,413	-2,239	-2,846	993	-1,197	-6,457	-5,030	-7,370	-5,942	-2,023	-5,748	-4,733	-3,964	-2,816	-1,404	-1,505	-2,306	-4,192	-4,525	-3,420	-2,164	-248	3,344	1,226	2,091	1,723	1,784	2,740	3,566	1,974	4,098	5,163	1,597	6,609	0	0	0
FINANCING ACTIVITIES
Net increase (decrease) in deposits, excluding acquisitions
7,129	4,561	5,869	5,398	3,424	2,074	2,334	1,727	769	1,148	-741	-1,498	1,606	4,047	4,120	4,656	1,760	-952	2,617	2,870	4,356	2,736	-78	-168	1,676	2,333	3,410	2,816	1,112	1,989	1,108	1,757	684	1,346	-386	-1,965	-4,339	-4,961	-5,841	-5,405	-728	444	0	0	0
Net increase (decrease) in short-term borrowings
6,104	229	-744	-1,129	-507	148	3,532	2,200	2,962	1,299	2,165	1,546	285	1,294	-2,372	75	-136	-93	-569	-762	-756	-879	-268	-210	-447	-18	-212	-133	159	-152	-113	-101	-747	-1,148	-1,231	-1,476	544	1,114	1,343	415	-1,477	-7,952	0	0	0
Net proceeds from issuance of long-term debt
3,275	2,129	2,617	1,899	3,156	2,306	1,804	3,660	3,353	2,852	3,599	2,199	1,851	2,827	1,780	2,584	3,732	3,756	5,133	3,869	2,649	1,727	2,208	2,173	1,644	2,573	0	0	0	-	-	-	-	1,046	1,042	1,799	1,788	797	1,053	326	327	763	0	0	0
Payments on long-term debt
4,140	3,634	2,428	1,759	2,875	2,880	2,832	2,854	1,743	748	818	816	820	1,308	123	1,540	1,541	1,172	1,903	1,470	1,474	1,355	1,039	538	1,525	1,545	1,553	2,408	2,852	3,394	4,510	3,550	2,285	2,215	1,692	1,307	1,832	1,657	3,193	3,429	3,753	3,726	0	0	0
Payments for Repurchase of Common Stock
785	835	872	1,165	1,109	1,098	1,018	747	713	664	533	336	247	140	73	123	251	448	577	573	551	484	454	533	539	474	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Employee equity compensation program Common Share repurchases
36	33	33	34	36	47	48	53	56	66	65	59	53	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Redemption of Preferred Stock Series C
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,500	0	0	0	-	-	-	-	-	-	-	-
Stock Redeemed or Called During Period, Value
-	-	-	-	-	-	-	-	-	-	-350	-350	-350	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from reissuance of Common Shares
20	18	8	11	13	20	15	14	13	25	56	54	53	32	8	8	14	22	23	25	21	27	27	31	33	26	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefits over (under) recognized compensation cost for stock-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5	0	0	0
Cash dividends paid
820	804	793	771	721	656	585	512	489	480	464	425	385	335	292	283	274	267	261	253	246	240	233	227	220	217	214	211	208	191	173	155	138	164	176	188	199	184	183	183	184	213	0	0	0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES
11,182	2,066	3,763	3,001	1,461	-17	1,016	837	1,498	418	751	-1,264	361	4,838	3,567	5,377	3,304	846	4,463	3,706	3,999	1,532	163	528	622	2,678	2,781	1,549	-251	-1,160	-3,765	-2,075	-2,506	-3,101	-4,409	-5,103	-5,938	-4,891	-6,822	-8,277	-4,833	-9,703	0	0	0
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS
254	54	317	-177	-32	7	-243	183	94	-6	-187	105	75	70	279	-197	-32	-46	-181	89	97	36	-97	-92	-212	33	-225	-20	206	-109	145	-137	-125	415	5	262	-79	-193	98	-115	-5	-774	0	0	0
Additional disclosures relative to cash flows:
Interest paid
1,212	1,251	1,210	1,122	999	892	788	706	646	598	563	520	472	429	381	370	339	329	304	314	293	298	283	278	297	304	433	374	473	464	462	537	572	605	644	668	727	879	981	1,218	803	1,489	0	0	0
Income taxes paid (refunded)
19	18	-32	-45	37	12	25	-40	26	6	79	145	120	144	176	250	275	281	195	139	140	131	180	205	170	185	159	120	106	84	48	40	-35	-305	-319	-326	-277	-164	-115	-169	-149	-121	0	0	0
Noncash items:
Reduction of secured borrowing and related collateral
5	5	5	7	14	20	25	34	34	40	41	55	59	67	87	90	109	160	206	223	218	152	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans transferred to portfolio from held for sale
162	157	8	8	15	24	33	107	111	105	95	23	18	10	0	0	0	-	-	-	-	19	17	17	10	9	2	4	23	41	0	0	0	-	-	-	-	-	-	-	-	199	0	0	0
Loans transferred to held for sale from portfolio
688	468	250	16	-43	-33	0	0	0	-	-	-	70	45	54	75	53	63	52	27	21	16	13	28	46	61	0	0	0	-	-	-	-	103	115	253	319	407	0	0	0	-	-	-	-
Loans transferred to OREO
121	29	28	32	21	25	27	27	30	37	50	45	43	36	19	18	17	20	23	26	27	23	21	16	17	21	22	31	40	38	47	47	42	49	49	134	195	210	294	272	246	264	0	0	0
CMBS risk retentions
62	59	33	25	25	16	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
ABS risk retentions
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-