Earnings Per Share (Tables)

6 Months Ended

Jul. 30, 2016

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following tables set forth the computation of basic and diluted earnings per share attributable to Macy's, Inc. shareholders:

	13 Weeks Ended
	July 30, 2016					August 1, 2015
	Net Income				Shares	Net Income				Shares
	(millions, except per share data)
Net income attributable to Macy's, Inc. shareholders and average number of shares outstanding	$	11			308.5	$	217			334.9
Shares to be issued under deferred compensation and other plans					0.9					0.8
	$	11			309.4	$	217			335.7
Basic earnings per share attributable to Macy's, Inc. shareholders			$	.03				$	.65
Effect of dilutive securities:
Stock options, restricted stock and restricted stock units					1.9					5.3
	$	11			311.3	$	217			341.0
Diluted earnings per share attributable to Macy's, Inc. shareholders			$	.03				$	.64

	26 Weeks Ended
	July 30, 2016					August 1, 2015
	Net Income				Shares	Net Income				Shares
	(millions, except per share data)
Net income attributable to Macy's, Inc. shareholders and average number of shares outstanding	$	127			309.1	$	410			337.3
Shares to be issued under deferred compensation and other plans					0.9					0.9
	$	127			310.0	$	410			338.2
Basic earnings per share attributable to Macy's, Inc. shareholders			$	.41				$	1.21
Effect of dilutive securities:
Stock options, restricted stock and restricted stock units					2.4					5.5
	$	127			312.4	$	410			343.7
Diluted earnings per share attributable to Macy's, Inc. shareholders			$	.41				$	1.19