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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
May 05, 2018
Apr. 29, 2017
Income Statement [Abstract]    
Net sales $ 5,541 $ 5,350
Net Earnings from Credit Operations 157 161
Cost of sales (3,382) (3,303)
Selling, general and administrative expenses (2,083) (2,057)
Gains on sale of real estate 24 68
Impairments and other costs (19) 0
Operating income (loss) 238 219
Non-Service Cost Pension, SERP and OPEB 11 13
Interest expense (71) (86)
Net premiums on early retirement of debt 0 (3)
Interest income 5 2
Income (loss) before income taxes 183 145
Federal, state and local income tax expense (52) (68)
Net income (loss) 131 77
Net loss attributable to noncontrolling interest 8 1
Net income (loss) attributable to Macy's, Inc. shareholders $ 139 $ 78
Basic earnings per share attributable to Macy's, Inc. shareholders $ 0.45 $ 0.26
Diluted earnings per share attributable to Macy's, Inc. shareholders $ 0.45 $ 0.26