Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.20.1
Earnings Per Share (Tables)
 12 Months Ended
Feb. 01, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Loss Per Share
The following table sets forth the computation of basic and diluted earnings per share attributable to Macy's, Inc. shareholders:
 
 
2019
 
2018
 
2017
 
Net
Income
 
 
 
Shares
 
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
$
564

 
 
 
308.8

 
$
1,108

 
 
 
306.8

 
$
1,566

 
 
 
304.5

Shares to be issued under deferred compensation
and other plans
—

 
 
 
0.9

 
—

 
 
 
0.9

 
—

 
 
 
0.9

 
$
564

 
 
 
309.7

 
$
1,108

 
 
 
307.7

 
$
1,566

 
 
 
305.4

Basic earnings per share attributable to Macy's, Inc. shareholders
 
 
$
1.82

 
 
 
 
 
$
3.60

 
 
 
 
 
$
5.13

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stock options and restricted
stock units
—

 
 
 
1.7

 
—

 
 
 
3.7

 
—

 
 
 
1.4

 
$
564

 
 
 
311.4

 
$
1,108

 
 
 
311.4

 
$
1,566

 
 
 
306.8

Diluted earnings per share attributable to Macy's, Inc. shareholders
 
 
$
1.81

 
 
 
 
 
$
3.56

 
 
 
 
 
$
5.10