XML 14 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Apr. 30, 2016
May. 02, 2015
Income Statement [Abstract]    
Net sales $ 5,771 $ 6,232
Cost of sales (3,516) (3,800)
Gross margin 2,255 2,432
Selling, general and administrative expenses (1,966) (2,023)
Settlement charges 13 0
Operating income (loss) 276 409
Interest expense (99) (95)
Interest income 1 0
Income (loss) before income taxes 178 314
Federal, state and local income tax expense (63) (121)
Net income (loss) 115 193
Net loss attributable to noncontrolling interest 1 0
Net income (loss) attributable to Macy's, Inc. shareholders $ 116 $ 193
Basic earnings per share attributable to Macy's, Inc. shareholders $ 0.37 $ 0.57
Diluted earnings per share attributable to Macy's, Inc. shareholders $ 0.37 $ 0.56