XML 129 R106.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidating Financial Information (Condensed Consolidating Statement of Operations) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Feb. 03, 2018
Oct. 28, 2017
Jul. 29, 2017
Apr. 29, 2017
Jan. 28, 2017
Oct. 29, 2016
Jul. 30, 2016
Apr. 30, 2016
Jul. 29, 2017
Feb. 03, 2018
Jan. 28, 2017
Jan. 30, 2016
Net sales $ 8,666 $ 5,281 $ 5,552 $ 5,338 $ 8,515 $ 5,626 $ 5,866 $ 5,771   $ 24,837 $ 25,778 $ 27,079
Cost of sales (5,358) (3,175) (3,313) (3,306) (5,251) (3,386) (3,468) (3,516)   (15,152) (15,621) (16,496)
Gross margin 3,308 2,106 2,239 2,032 3,264 2,240 2,398 2,255   9,685 10,157 10,583
Selling, general and administrative expenses (2,279) (1,995) (1,977) (1,880) (2,335) (2,112) (2,047) (1,980)   (8,131) (8,474) (8,468)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 368 65 43 68 133 41 21 14   544 209 212
Restructuring Costs and Asset Impairment Charges (152) (33) 0 0 (230) 0 (249) 0   (186) (479) (288)
Settlement charges (32) (22) (51) 0 (17) (62) (6) (13)   (105) (98) 0
Operating income (loss)                   1,807 1,315 2,039
Interest (expense) income, net                        
External                   (310) (363) (361)
Intercompany                   0 0 0
Premium on early retirement of debt 11               $ (1) 10 0 0
Equity in earnings of subsidiaries                   0 0 0
Income (loss) before income taxes                   1,507 952 1,678
Federal, state and local income tax benefit (expense)                   29 (341) (608)
Net income (loss)                   1,536 611 1,070
Net loss attributable to noncontrolling interest                   11 8 2
Net income attributable to Macy's, Inc. shareholders $ 1,325 $ 36 $ 116 $ 71 $ 475 $ 17 $ 11 $ 116   1,547 619 1,072
Comprehensive income                   1,708 758 1,099
Comprehensive loss attributable to noncontrolling interest                   11 8 2
Comprehensive income attributable to Macy's, Inc. shareholders                   1,719 766 1,101
Parent Company [Member]                        
Net sales                   0 0 0
Cost of sales                   0 0 0
Gross margin                   0 0 0
Selling, general and administrative expenses                   0 (2) (2)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property                   0 0 0
Restructuring Costs and Asset Impairment Charges                   0 0 0
Settlement charges                   0 0  
Operating income (loss)                   0 (2) (2)
Interest (expense) income, net                        
External                   0 2 1
Intercompany                   0 0 0
Premium on early retirement of debt                   0    
Equity in earnings of subsidiaries                   1,555 619 1,072
Income (loss) before income taxes                   1,555 619 1,071
Federal, state and local income tax benefit (expense)                   (8) 0 1
Net income (loss)                   1,547 619 1,072
Net loss attributable to noncontrolling interest                   0 0 0
Net income attributable to Macy's, Inc. shareholders                   1,547 619 1,072
Comprehensive income                   1,719 766 1,101
Comprehensive loss attributable to noncontrolling interest                   0 0 0
Comprehensive income attributable to Macy's, Inc. shareholders                   1,719 766 1,101
Subsidiary Issuer [Member]                        
Net sales                   9,441 10,677 11,959
Cost of sales                   (6,101) (6,787) (7,670)
Gross margin                   3,340 3,890 4,289
Selling, general and administrative expenses                   (3,386) (3,834) (4,090)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property                   201 95 110
Restructuring Costs and Asset Impairment Charges                   (40) (295) (170)
Settlement charges                   (35) (34)  
Operating income (loss)                   80 (178) 139
Interest (expense) income, net                        
External                   (313) (366) (361)
Intercompany                   (139) (200) (230)
Premium on early retirement of debt                   10    
Equity in earnings of subsidiaries                   767 255 421
Income (loss) before income taxes                   405 (489) (31)
Federal, state and local income tax benefit (expense)                   350 281 120
Net income (loss)                   755 (208) 89
Net loss attributable to noncontrolling interest                   0 0 0
Net income attributable to Macy's, Inc. shareholders                   755 (208) 89
Comprehensive income                   915 (61) 118
Comprehensive loss attributable to noncontrolling interest                   0 0 0
Comprehensive income attributable to Macy's, Inc. shareholders                   915 (61) 118
Non-Guarantor Subsidiaries [Member]                        
Net sales                   23,264 23,436 24,037
Cost of sales                   (16,919) (17,169) (17,743)
Gross margin                   6,345 6,267 6,294
Selling, general and administrative expenses                   (4,745) (4,638) (4,376)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property                   343 114 102
Restructuring Costs and Asset Impairment Charges                   (146) (184) (118)
Settlement charges                   (70) (64)  
Operating income (loss)                   1,727 1,495 1,902
Interest (expense) income, net                        
External                   3 1 (1)
Intercompany                   139 200 230
Premium on early retirement of debt                   0    
Equity in earnings of subsidiaries                   0 0 0
Income (loss) before income taxes                   1,869 1,696 2,131
Federal, state and local income tax benefit (expense)                   (313) (622) (729)
Net income (loss)                   1,556 1,074 1,402
Net loss attributable to noncontrolling interest                   11 8 2
Net income attributable to Macy's, Inc. shareholders                   1,567 1,082 1,404
Comprehensive income                   1,668 1,153 1,415
Comprehensive loss attributable to noncontrolling interest                   11 8 2
Comprehensive income attributable to Macy's, Inc. shareholders                   1,679 1,161 1,417
Consolidation, Eliminations [Member]                        
Net sales                   (7,868) (8,335) (8,917)
Cost of sales                   7,868 8,335 8,917
Gross margin                   0 0 0
Selling, general and administrative expenses                   0 0 0
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property                   0 0 0
Restructuring Costs and Asset Impairment Charges                   0 0 0
Settlement charges                   0 0  
Operating income (loss)                   0 0 0
Interest (expense) income, net                        
External                   0 0 0
Intercompany                   0 0 0
Premium on early retirement of debt                   0    
Equity in earnings of subsidiaries                   (2,322) (874) (1,493)
Income (loss) before income taxes                   (2,322) (874) (1,493)
Federal, state and local income tax benefit (expense)                   0 0 0
Net income (loss)                   (2,322) (874) (1,493)
Net loss attributable to noncontrolling interest                   0 0 0
Net income attributable to Macy's, Inc. shareholders                   (2,322) (874) (1,493)
Comprehensive income                   (2,594) (1,100) (1,535)
Comprehensive loss attributable to noncontrolling interest                   0 0 0
Comprehensive income attributable to Macy's, Inc. shareholders                   $ (2,594) $ (1,100) $ (1,535)