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Earnings Per Share (Tables)
6 Months Ended
Aug. 04, 2018
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
 
August 4, 2018
 
July 29, 2017
 
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
$
166

 
 
 
306.8

 
$
111

 
 
 
304.5

Shares to be issued under deferred
compensation and other plans
 
 
 
 
0.9

 
 
 
 
 
1.0

 
$
166

 
 
 
307.7

 
$
111

 
 
 
305.5

Basic earnings per share attributable to
Macy's, Inc. shareholders
 
 
$
0.54

 
 
 
 
 
$
0.36

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options, restricted stock and restricted stock units
 
 
 
 
4.3

 
 
 
 
 
1.0

 
$
166

 
 
 
312.0

 
$
111

 
 
 
306.5

Diluted earnings per share attributable to
Macy's, Inc. shareholders
 
 
$
0.53

 
 
 
 
 
$
0.36

 
 

 
26 Weeks Ended
 
August 4, 2018
 
July 29, 2017
 
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
$
306

 
 
 
306.2

 
$
189

 
 
 
304.4

Shares to be issued under deferred
compensation and other plans
 
 
 
 
0.9

 
 
 
 
 
0.8

 
$
306

 
 
 
307.1

 
$
189

 
 
 
305.2

Basic earnings per share attributable to
Macy's, Inc. shareholders
 
 
$
0.99

 
 
 
 
 
$
0.62

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options, restricted stock and restricted stock units
 
 
 
 
3.6

 
 
 
 
 
1.5

 
$
306

 
 
 
310.7

 
$
189

 
 
 
306.7

Diluted earnings per share attributable to
Macy's, Inc. shareholders
 
 
$
0.98

 
 
 
 
 
$
0.62