Earnings Per Share (Tables)

3 Months Ended

Apr. 29, 2017

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
	April 29, 2017					April 30, 2016
	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	$	71			305.0	$	116			309.7
Shares to be issued under deferred compensation and other plans					—					0.9
	$	71			305.0	$	116			310.6
Basic earnings per share attributable to Macy's, Inc. shareholders			$	.23				$	.37
Effect of dilutive securities:
Stock options, restricted stock and restricted stock units					1.9					2.9
	$	71			306.9	$	116			313.5
Diluted earnings per share attributable to Macy's, Inc. shareholders			$	.23				$	.37