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Earnings Per Share (Tables)
9 Months Ended
Oct. 28, 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
 
October 28, 2017
 
October 29, 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
$
36

 
 
 
304.6

 
$
17

 
 
 
307.5

Shares to be issued under deferred
compensation and other plans
 
 
 
 
0.9

 
 
 
 
 
0.9

 
$
36

 
 
 
305.5

 
$
17

 
 
 
308.4

Basic earnings per share attributable to
Macy's, Inc. shareholders
 
 
$
.12

 
 
 
 
 
$
.05

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options, restricted stock and restricted stock units
 
 
 
 
1.0

 
 
 
 
 
2.2

 
$
36

 
 
 
306.5

 
$
17

 
 
 
310.6

Diluted earnings per share attributable to
Macy's, Inc. shareholders
 
 
$
.12

 
 
 
 
 
$
.05

 
 

 
39 Weeks Ended
 
October 28, 2017
 
October 29, 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
$
222

 
 
 
304.5

 
$
144

 
 
 
308.6

Shares to be issued under deferred
compensation and other plans
 
 
 
 
0.8

 
 
 
 
 
0.9

 
$
222

 
 
 
305.3

 
$
144

 
 
 
309.5

Basic earnings per share attributable to
Macy's, Inc. shareholders
 
 
$
.73

 
 
 
 
 
$
.46

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options, restricted stock and restricted stock units
 
 
 
 
1.3

 
 
 
 
 
2.3

 
$
222

 
 
 
306.6

 
$
144

 
 
 
311.8

Diluted earnings per share attributable to
Macy's, Inc. shareholders
 
 
$
.73

 
 
 
 
 
$
.46