Revenue (Tables)

12 Months Ended

Feb. 03, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Sales From Merchandise Category

Net sales by family of business	2023		2022		2021
	(millions)
Women’s Accessories, Shoes, Cosmetics and Fragrances	$	9,520	$	9,597	$	9,385
Women’s Apparel	4,861		5,349		5,174
Men’s and Kids’	4,918		5,297		5,247
Home/Other (a)	3,793		4,199		4,654
Total Net Sales	23,092		24,442		24,460
Credit card revenues, net	619		863		832
Macy's Media Network revenue, net (b)	155		144		107
Other Revenue	774		1,007		939
Total Revenue	$	23,866	$	25,449	$	25,399

(a)Other primarily includes restaurant sales, allowance for merchandise returns adjustments and breakage income from unredeemed gift cards.

(b)Macy's Media Network ("MMN") is an in-house media platform supporting both Macy's and Bloomingdale's customers through a broad variety of advertising formats running both on owned and operated platforms as well as offsite.

Schedule of Changes in the Liability for Unredeemed Gift Cards and Customer Loyalty Program

Changes in the liability for unredeemed gift cards and customer loyalty programs are as follows:

	2023		2022		2021
	(millions)
Balance, beginning of year	$	399	$	481	$	616
Liabilities issued but not redeemed (a)	326		324		394
Revenue recognized from beginning liability	(341)		(406)		(529)
Balance, end of year	$	384	$	399	$	481

(a)Net of estimated breakage income.