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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 31, 2015
Nov. 01, 2014
Oct. 31, 2015
Nov. 01, 2014
Income Statement [Abstract]        
Net sales $ 5,874 $ 6,195 $ 18,210 $ 18,741
Cost of sales (3,537) (3,766) (10,947) (11,274)
Gross margin 2,337 2,429 7,263 7,467
Selling, general and administrative expenses (1,968) (2,007) (6,049) (6,031)
Asset impairments (111) 0 (111) 0
Operating income (loss) 258 422 1,103 1,436
Interest expense (80) (97) (269) (298)
Interest income 0 1 1 2
Income (loss) before income taxes 178 326 835 1,140
Federal, state and local income tax expense (61) (109) (308) (407)
Net income (loss) 117 217 527 733
Net loss attributable to noncontrolling interest 1 0 1 0
Net income (loss) attributable to Macy's, Inc. shareholders $ 118 $ 217 $ 528 $ 733
Basic earnings per share $ 0.36 $ 0.62 $ 1.58 $ 2.04
Diluted earnings per share $ 0.36 $ 0.61 $ 1.56 $ 2.01