XML 14 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 28, 2017
Oct. 29, 2016
Oct. 28, 2017
Oct. 29, 2016
Income Statement [Abstract]        
Net sales $ 5,281 $ 5,626 $ 16,171 $ 17,263
Cost of sales (3,175) (3,386) (9,794) (10,370)
Gross margin 2,106 2,240 6,377 6,893
Selling, general and administrative expenses (1,995) (2,112) (5,853) (6,139)
Gains on sale of real estate 65 41 176 76
Impairments, restructuring and other costs (33) 0 (33) (249)
Settlement charges (22) (62) (73) (81)
Operating income (loss) 121 107 594 500
Interest expense (76) (82) (244) (279)
Net premiums on early retirement of debt 0 0 (1) 0
Interest income 2 1 7 3
Income (loss) before income taxes 47 26 356 224
Federal, state and local income tax expense (13) (11) (140) (85)
Net income (loss) 34 15 216 139
Net loss attributable to noncontrolling interest 2 2 6 5
Net income (loss) attributable to Macy's, Inc. shareholders $ 36 $ 17 $ 222 $ 144
Basic earnings per share attributable to Macy's, Inc. shareholders $ 0.12 $ 0.05 $ 0.73 $ 0.46
Diluted earnings per share attributable to Macy's, Inc. shareholders $ 0.12 $ 0.05 $ 0.73 $ 0.46