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Earnings Per Share (Tables)
12 Months Ended
Jan. 28, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Loss Per Share
The following table sets forth the computation of basic and diluted earnings per share attributable to Macy's, Inc. shareholders:
 
 
2016
 
2015
 
2014
 
Net
Income
 
 
 
Shares
 
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
$
619

 
 
 
307.6

 
$
1,072

 
 
 
327.6

 
$
1,526

 
 
 
354.3

Shares to be issued under deferred compensation
and other plans
 
 
 
 
0.9

 
 
 
 
 
0.8

 
 
 
 
 
0.9

 
$
619

 
 
 
308.5

 
$
1,072

 
 
 
328.4

 
$
1,526

 
 
 
355.2

Basic earnings per share attributable to Macy's, Inc. shareholders
 
 
$
2.01

 
 
 
 
 
$
3.26

 
 
 
 
 
$
4.30

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stock options, restricted stock and restricted
stock units
 
 
 
 
2.3

 
 
 
 
 
4.6

 
 
 
 
 
6.5

 
$
619

 
 
 
310.8

 
$
1,072

 
 
 
333.0

 
$
1,526

 
 
 
361.7

Diluted earnings per share attributable to Macy's, Inc. shareholders
 
 
$
1.99

 
 
 
 
 
$
3.22

 
 
 
 
 
$
4.22