KeyBank 2013 Annual Report Download - page 90

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, 2013, 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, 2013
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 $ 62,425 — — — $ 62,425
Time deposits of $100,000 or more 2,348 $ 615 $ 165 $ 61 3,189
Other time deposits 2,619 745 183 101 3,648
Federal funds purchased and securities sold under
repurchase agreements 1,534 — — — 1,534
Bank notes and other short-term borrowings 343 — — — 343
Long-term debt 816 2,513 2,095 2,226 7,650
Noncancelable operating leases 120 209 158 411 898
Liability for unrecognized tax benefits 6 — — — 6
Purchase obligations:
Banking and financial data services 58 107 57 5 227
Telecommunications 22 22 3 — 47
Professional services 22 24 10 — 56
Technology equipment and software 68 57 49 2 176
Other 7 3 — — 10
Total purchase obligations 177 213 119 7 516
Total $ 70,388 $ 4,295 $ 2,720 $ 2,806 $ 80,209
Lending-related and other off-balance sheet
commitments:
Commercial, including real estate $ 8,259 $ 7,840 $ 8,980 $ 636 $ 25,715
Home equity 248 653 1,283 5,009 7,193
Credit cards 3,457 — — — 3,457
When-issued and to-be-announced securities
commitments 140 — — — 140
Commercial letters of credit 106 9 4 — 119
Principal investing commitments 26 13 25 11 75
Liabilities of certain limited partnerships and other
commitments 2 — — — 2
Total $ 12,238 $ 8,515 $ 10,292 $ 5,656 $ 36,701
(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
variable (including the occurrence or nonoccurrence of a specified event). These variables, known as
underlyings, may be related to an asset or liability, or another entity’s failure to perform under a contract.
Additional information regarding these types of arrangements is presented in Note 20 under the heading
“Guarantees.”
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