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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Nov. 03, 2018
Oct. 28, 2017
Nov. 03, 2018
Oct. 28, 2017
Income Statement [Abstract]        
Net sales $ 5,404 $ 5,281 $ 16,516 $ 16,267
Net Earnings from Credit Operations 185 145 528 473
Cost of sales (3,226) (3,152) (9,927) (9,858)
Selling, general and administrative expenses (2,255) (2,188) (6,501) (6,406)
Gains on sale of real estate 42 65 111 176
Impairment, restructuring and other costs (3) (33) (39) (33)
Operating income (loss) 147 118 688 619
Benefit plan income, net 9 15 31 42
Settlement charges (23) (22) (73) (73)
Interest expense (64) (76) (204) (244)
Loss on early retirement of debt 0 0 (5) (1)
Interest income 5 2 17 7
Income (loss) before income taxes 74 37 454 350
Federal, state and local income tax expense (12) (10) (96) (138)
Net income (loss) 62 27 358 212
Net loss attributable to noncontrolling interest 0 3 10 7
Net income (loss) attributable to Macy's, Inc. shareholders $ 62 $ 30 $ 368 $ 219
Basic earnings per share attributable to Macy's, Inc. shareholders $ 0.20 $ 0.10 $ 1.20 $ 0.72
Diluted earnings per share attributable to Macy's, Inc. shareholders $ 0.20 $ 0.10 $ 1.18 $ 0.71