XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Aug. 04, 2018
Jul. 29, 2017
Aug. 04, 2018
Jul. 29, 2017
Income Statement [Abstract]        
Net sales $ 5,572 $ 5,636 $ 11,112 $ 10,986
Net Earnings from Credit Operations 186 167 343 328
Cost of sales (3,320) (3,403) (6,701) (6,706)
Selling, general and administrative expenses (2,164) (2,161) (4,247) (4,218)
Gains on sale of real estate 46 43 70 111
Impairments and other costs (17) 0 (36) 0
Operating income (loss) 303 282 541 501
Non-Service Cost Pension, SERP and OPEB 11 14 22 27
Settlement charges (50) (51) (50) (51)
Interest expense (69) (82) (140) (168)
Gain (loss) on early retirement of debt (5) 2 (5) (1)
Interest income 7 3 12 5
Income (loss) before income taxes 197 168 380 313
Federal, state and local income tax expense (33) (60) (84) (128)
Net income (loss) 164 108 296 185
Net loss attributable to noncontrolling interest 2 3 10 4
Net income (loss) attributable to Macy's, Inc. shareholders $ 166 $ 111 $ 306 $ 189
Basic earnings per share attributable to Macy's, Inc. shareholders $ 0.54 $ 0.36 $ 0.99 $ 0.62
Diluted earnings per share attributable to Macy's, Inc. shareholders $ 0.53 $ 0.36 $ 0.98 $ 0.62