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Quarterly Results (unaudited) (Tables)
 12 Months Ended
Feb. 03, 2018
Quarterly Financial Data [Abstract]  
Unaudited Quarterly Results for the Last Two Years
Unaudited quarterly results for the last two years were as follows:
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
(millions, except per share data)
2017:
 
 
 
 
 
 
 
Net sales
$
5,338

 
$
5,552

 
$
5,281

 
$
8,666

Cost of sales
(3,306
)
 
(3,313
)
 
(3,175
)
 
(5,358
)
Gross margin
2,032

 
2,239

 
2,106

 
3,308

Selling, general and administrative expenses
(1,880
)
 
(1,977
)
 
(1,995
)
 
(2,279
)
Gains on sale of real estate
68

 
43

 
65

 
368

Restructuring, impairment, store closing and other costs
—

 
—

 
(33
)
 
(152
)
Settlement charges
—

 
(51
)
 
(22
)
 
(32
)
Net income attributable to Macy's, Inc. shareholders
71

 
116

 
36

 
1,325

Basic earnings per share attributable to  
    Macy's, Inc. shareholders
.23

 
.38

 
.12

 
4.34

Diluted earnings per share attributable to
    Macy's, Inc. shareholders
.23

 
.38

 
.12

 
4.31

2016:
 
 
 
 
 
 
 
Net sales
$
5,771

 
$
5,866

 
$
5,626

 
$
8,515

Cost of sales
(3,516
)
 
(3,468
)
 
(3,386
)
 
(5,251
)
Gross margin
2,255

 
2,398

 
2,240

 
3,264

Selling, general and administrative expenses
(1,980
)
 
(2,047
)
 
(2,112
)
 
(2,335
)
Gains on sale of real estate
14

 
21

 
41

 
133

Impairment, store closing and other costs
—

 
(249
)
 
—

 
(230
)
Settlement charges
(13
)
 
(6
)
 
(62
)
 
(17
)
Net income attributable to Macy's, Inc. shareholders
116

 
11

 
17

 
475

Basic earnings per share attributable to  
    Macy's, Inc. shareholders
.37

 
.03

 
.05

 
1.56

Diluted earnings per share attributable to
    Macy's, Inc. shareholders
.37

 
.03

 
.05

 
1.54