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Earnings (Loss) Per Share (Tables)
12 Months Ended
Jan. 30, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share attributable to Macy's, Inc. shareholders:

 

 

 

2020

 

 

2019

 

 

2018

 

 

 

Net

Loss

 

 

 

 

 

 

Shares

 

 

Net

Income

 

 

 

 

 

 

Shares

 

 

Net

Income

 

 

 

 

 

 

Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(millions, except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Macy's, Inc.

   Shareholders and average number of

   shares outstanding

 

$

(3,944

)

 

 

 

 

 

 

310.2

 

 

$

564

 

 

 

 

 

 

 

308.8

 

 

$

1,108

 

 

 

 

 

 

 

306.8

 

Shares to be issued under deferred

   compensation and other plans

 

 

 

 

 

 

 

 

 

1

 

 

 

 

 

 

 

 

 

 

0.9

 

 

 

 

 

 

 

 

 

 

0.9

 

 

 

$

(3,944

)

 

 

 

 

 

 

311.1

 

 

$

564

 

 

 

 

 

 

 

309.7

 

 

$

1,108

 

 

 

 

 

 

 

307.7

 

Basic earnings (loss) per share attributable

   to Macy's,Inc. shareholders

 

 

 

 

 

$

(12.68

)

 

 

 

 

 

 

 

 

 

$

1.82

 

 

 

 

 

 

 

 

 

 

$

3.60

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and restricted stock units

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.7

 

 

 

 

 

 

 

 

 

 

3.7

 

 

 

$

(3,944

)

 

 

 

 

 

 

311.1

 

 

$

564

 

 

 

 

 

 

 

311.4

 

 

$

1,108

 

 

 

 

 

 

 

311.4

 

Diluted earnings (loss) per share attributable

   to Macy's, Inc. shareholders

 

 

 

 

 

$

(12.68

)

 

 

 

 

 

 

 

 

 

$

1.81

 

 

 

 

 

 

 

 

 

 

$

3.56