KeyBank 2014 Annual Report Download - page 87
Download and view the complete annual report
Please find page 87 of the 2014 KeyBank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77 -
78 -
79 -
80 -
81 -
82 -
83 -
84 -
85 -
86 -
87 -
88 -
89 -
90 -
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
-
244
-
245
-
246
-
247
 |
 |
Other off-balance sheet arrangements
Other off-balance sheet arrangements include financial instruments that do not meet the definition of a guarantee
in accordance with the applicable accounting guidance, and other relationships, such as liquidity support
provided to asset-backed commercial paper conduits, indemnification agreements and intercompany guarantees.
Information about such arrangements is provided in Note 20 under the heading “Other Off-Balance Sheet Risk.”
Contractual obligations
Figure 30 summarizes our significant contractual obligations, and lending-related and other off-balance sheet
commitments at December 31, 2014, by the specific time periods in which related payments are due or
commitments expire.
Figure 30. Contractual Obligations and Other Off-Balance Sheet Commitments
December 31, 2014
in millions
Within 1
year
After 1
through 3
years
After 3
through 5
years
After 5
years Total
Contractual obligations: (a)
Deposits with no stated maturity $ 66,135 — — — $ 66,135
Time deposits of $100,000 or more 1,608 $ 831 $ 92 $ 73 2,604
Other time deposits 1,774 1,239 118 128 3,259
Federal funds purchased and securities sold under
repurchase agreements 575 — — — 575
Bank notes and other short-term borrowings 423 — — — 423
Long-term debt 1,296 1,679 2,645 2,255 7,875
Noncancelable operating leases 116 197 143 370 826
Liability for unrecognized tax benefits 6 — — — 6
Purchase obligations:
Banking and financial data services 66 121 64 5 256
Telecommunications 17 22 11 — 50
Professional services 22 32 10 — 64
Technology equipment and software 61 70 52 2 185
Other 6 16 3 — 25
Total purchase obligations 172 261 140 7 580
Total $ 72,105 $ 4,207 $ 3,138 $ 2,833 $ 82,283
Lending-related and other off-balance sheet
commitments:
Commercial, including real estate $ 8,954 $ 8,311 $ 9,715 $ 964 $ 27,944
Home equity 230 1,050 1,009 4,875 7,164
Credit cards 3,762 — — — 3,762
Purchase cards 63 — — — 63
When-issued and to-be-announced securities
commitments 102 — — — 102
Commercial letters of credit 110 9 2 — 121
Principal investing commitments 28 16 11 5 60
Liabilities of certain limited partnerships and other
commitments 1 — — — 1
Total $ 13,250 $ 9,386 $ 10,737 $ 5,844 $ 39,217
(a) Deposits and borrowings exclude interest.
Guarantees
We are a guarantor in various agreements with third parties. As guarantor, we may be contingently liable to make
payments to the guaranteed party based on changes in a specified interest rate, foreign exchange rate or other
74