Annual report pursuant to Section 13 and 15(d)

Condensed Consolidating Financial Information (Condensed Consolidating Statement of Operations) (Details)

v3.19.1
Condensed Consolidating Financial Information (Condensed Consolidating Statement of Operations) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Feb. 02, 2019
Nov. 03, 2018
Aug. 04, 2018
May 05, 2018
Feb. 03, 2018
Oct. 28, 2017
Jul. 29, 2017
Apr. 29, 2017
Nov. 03, 2018
Oct. 28, 2017
Feb. 02, 2019
Feb. 03, 2018
Jan. 28, 2017
Net sales $ 8,455 $ 5,404 $ 5,572 $ 5,541 $ 8,672 $ 5,281 $ 5,636 $ 5,350     $ 24,971 $ 24,939 $ 25,908
Credit Card Revenues, Net 240 185 186 157 229 145 167 161     768 702 656
Cost of sales (5,288) (3,226) (3,320) (3,382) (5,323) (3,152) (3,403) (3,303)     (15,215) (15,181) (15,666)
Selling, general and administrative expenses (2,538) (2,255) (2,164) (2,083) (2,548) (2,188) (2,161) (2,057)     (9,039) (8,954) (9,257)
Gains on sale of real estate 278 42 46 24 368 65 43 68     389 544 209
Restructuring, impairment, store closing and other costs (97) (3) (17) (19) (152) (33) 0 0     (136) (186) (479)
Operating income (loss)                     1,738 1,864 1,371
Settlement charges (15) (23) (50) 0 (32) (22) (51) 0     (88) (105) (98)
Benefit plan income, net 8 9 11 11 15 15 14 13     39 57 55
Interest (expense) income, net                          
External                     (236) (310) (363)
Intercompany                     0 0 0
Gains (losses) on early retirement of debt (28)       11       $ (5) $ (1) (33) 10 0
Equity in earnings of subsidiaries                     0 0 0
Income (loss) before income taxes                     1,420 1,516 965
Federal, state and local income tax benefit (expense)                     (322) 39 (346)
Net income (loss)                     1,098 1,555 619
Net loss attributable to noncontrolling interest                     10 11 8
Net income attributable to Macy's, Inc. shareholders $ 740 $ 62 $ 166 $ 139 $ 1,347 $ 30 $ 111 $ 78     1,108 1,566 627
Comprehensive income                     1,035 1,727 766
Comprehensive loss attributable to noncontrolling interest                     10 11 8
Comprehensive income attributable to Macy's, Inc. shareholders                     1,045 1,738 774
Parent Company [Member]                          
Net sales                     0 0 0
Credit Card Revenues, Net                     0 0 0
Cost of sales                     0 0 0
Selling, general and administrative expenses                     0 0 (2)
Gains on sale of real estate                     0 0 0
Restructuring, impairment, store closing and other costs                     0 0 0
Operating income (loss)                     0 0 (2)
Settlement charges                     (5) 0 0
Benefit plan income, net                     0 0 0
Interest (expense) income, net                          
External                     20 0 2
Intercompany                     0 0 0
Gains (losses) on early retirement of debt                     0 0  
Equity in earnings of subsidiaries                     1,104 1,574 627
Income (loss) before income taxes                     1,119 1,574 627
Federal, state and local income tax benefit (expense)                     (11) (8) 0
Net income (loss)                     1,108 1,566 627
Net loss attributable to noncontrolling interest                     0 0 0
Net income attributable to Macy's, Inc. shareholders                     1,108 1,566 627
Comprehensive income                     1,045 1,738 774
Comprehensive loss attributable to noncontrolling interest                     0 0 0
Comprehensive income attributable to Macy's, Inc. shareholders                     1,045 1,738 774
Subsidiary Issuer [Member]                          
Net sales                     9,051 9,490 10,735
Credit Card Revenues, Net                     (3) (2) 17
Cost of sales                     (5,786) (6,122) (6,818)
Selling, general and administrative expenses                     (3,509) (3,426) (3,899)
Gains on sale of real estate                     141 201 95
Restructuring, impairment, store closing and other costs                     (33) (40) (295)
Operating income (loss)                     (139) 101 (165)
Settlement charges                     (30) (35) (34)
Benefit plan income, net                     15 22 21
Interest (expense) income, net                          
External                     (260) (313) (366)
Intercompany                     (72) (139) (200)
Gains (losses) on early retirement of debt                     (33) 10  
Equity in earnings of subsidiaries                     345 773 267
Income (loss) before income taxes                     (174) 419 (477)
Federal, state and local income tax benefit (expense)                     219 356 278
Net income (loss)                     45 775 (199)
Net loss attributable to noncontrolling interest                     0 0 0
Net income attributable to Macy's, Inc. shareholders                     45 775 (199)
Comprehensive income                     (15) 935 (52)
Comprehensive loss attributable to noncontrolling interest                     0 0 0
Comprehensive income attributable to Macy's, Inc. shareholders                     (15) 935 (52)
Non-Guarantor Subsidiaries [Member]                          
Net sales                     23,720 23,317 23,508
Credit Card Revenues, Net                     771 704 639
Cost of sales                     (17,229) (16,927) (17,183)
Selling, general and administrative expenses                     (5,530) (5,528) (5,356)
Gains on sale of real estate                     248 343 114
Restructuring, impairment, store closing and other costs                     (103) (146) (184)
Operating income (loss)                     1,877 1,763 1,538
Settlement charges                     (53) (70) (64)
Benefit plan income, net                     24 35 34
Interest (expense) income, net                          
External                     4 3 1
Intercompany                     72 139 200
Gains (losses) on early retirement of debt                     0 0  
Equity in earnings of subsidiaries                     0 0 0
Income (loss) before income taxes                     1,924 1,870 1,709
Federal, state and local income tax benefit (expense)                     (530) (309) (624)
Net income (loss)                     1,394 1,561 1,085
Net loss attributable to noncontrolling interest                     10 11 8
Net income attributable to Macy's, Inc. shareholders                     1,404 1,572 1,093
Comprehensive income                     1,353 1,673 1,164
Comprehensive loss attributable to noncontrolling interest                     10 11 8
Comprehensive income attributable to Macy's, Inc. shareholders                     1,363 1,684 1,172
Consolidation, Eliminations [Member]                          
Net sales                     (7,800) (7,868) (8,335)
Credit Card Revenues, Net                     0 0 0
Cost of sales                     7,800 7,868 8,335
Selling, general and administrative expenses                     0 0 0
Gains on sale of real estate                     0 0 0
Restructuring, impairment, store closing and other costs                     0 0 0
Operating income (loss)                     0 0 0
Settlement charges                     0 0 0
Benefit plan income, net                     0 0 0
Interest (expense) income, net                          
External                     0 0 0
Intercompany                     0 0 0
Gains (losses) on early retirement of debt                     0 0  
Equity in earnings of subsidiaries                     (1,449) (2,347) (894)
Income (loss) before income taxes                     (1,449) (2,347) (894)
Federal, state and local income tax benefit (expense)                     0 0 0
Net income (loss)                     (1,449) (2,347) (894)
Net loss attributable to noncontrolling interest                     0 0 0
Net income attributable to Macy's, Inc. shareholders                     (1,449) (2,347) (894)
Comprehensive income                     (1,348) (2,619) (1,120)
Comprehensive loss attributable to noncontrolling interest                     0 0 0
Comprehensive income attributable to Macy's, Inc. shareholders                     $ (1,348) $ (2,619) $ (1,120)