Macy's (M) 10-Q 10 Dec 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Nov. 02, 2019	Nov. 30, 2019
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Nov. 2, 2019
Entity File Number	1-13536
Entity Registrant Name	Macy's, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	13-3324058
Entity Address, Address Line One	7 West Seventh Street
Entity Address, City or Town	Cincinnati
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	45202
City Area Code	513
Local Phone Number	579-7000
Title of 12(b) Security	Common Stock, $.01 par value per share
Trading Symbol	M
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0000794367
Current Fiscal Year End Date	--02-01
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		308,965,297
Other Address [Member]
Entity Address, Address Line One	151 West 34th Street
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10001
City Area Code	212
Local Phone Number	494-1602

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018
Income Statement [Abstract]
Net sales	$ 5,173	$ 5,404	$ 16,223	$ 16,516
Credit card revenues, net	183	185	531	528
Cost of sales	(3,106)	(3,226)	(9,905)	(9,927)
Selling, general and administrative expenses	(2,202)	(2,255)	(6,489)	(6,501)
Gains on sale of real estate	17	42	67	111
Impairment, restructuring and other costs	(13)	(3)	(16)	(39)
Operating income	52	147	411	688
Benefit plan income, net	8	9	23	31
Settlement charges	(12)	(23)	(12)	(73)
Interest expense	(52)	(64)	(159)	(204)
Loss on early retirement of debt	0	0	0	(5)
Interest income	4	5	16	17
Income before income taxes	0	74	279	454
Federal, state and local income tax benefit (expense)	2	(12)	(55)	(96)
Net income	2	62	224	358
Net loss attributable to noncontrolling interest	0	0	0	10
Net income attributable to Macy's, Inc. shareholders	$ 2	$ 62	$ 224	$ 368
Basic earnings per share attributable to Macy's, Inc. shareholders	$ 0.01	$ 0.20	$ 0.72	$ 1.20
Diluted earnings per share attributable to Macy's, Inc. shareholders	$ 0.01	$ 0.20	$ 0.72	$ 1.18

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018
Net income	$ 2	$ 62	$ 224	$ 358
Actuarial gain (loss) on postretirement benefit plans, before tax	(70)	(164)	(70)	(194)
Amortization of net actuarial loss and prior service credit on post employment and postretirement benefit plans included in net income, before tax	8	7	23	25
Settlement charges, before tax	12	23	12	73
Tax effect related to items of other comprehensive income	13	35	9	24
Total other comprehensive loss, net of tax effect	(37)	(99)	(26)	(72)
Comprehensive income (loss)	(35)	(37)	198	286
Comprehensive loss attributable to noncontrolling interest	0	0	0	10
Comprehensive income (loss) attributable to Macy's, Inc. shareholders	$ (35)	$ (37)	$ 198	$ 296

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 03, 2018
Current Assets:
Cash and cash equivalents	$ 301			$ 1,162	$ 736
Receivables	175			400	180
Merchandise inventories	7,256			5,263	7,147
Income tax receivable	1			0	10
Prepaid expenses and other current assets	568			620	594
Total Current Assets	8,301			7,445	8,667
Property and Equipment - net	6,558			6,637	6,572
Right of Use Assets	2,596			0	0
Goodwill	3,908			3,908	3,908
Other Intangible Assets - net	440			478	481
Other Assets	744			726	733
Total Assets	22,547			19,194	20,361
Current Liabilities:
Short-term debt	6			43	65
Merchandise accounts payable	3,427			1,655	3,381
Accounts payable and accrued liabilities	3,046			3,366	2,998
Income taxes	0			168	0
Total Current Liabilities	6,479			5,232	6,444
Long-Term Debt	4,677			4,708	5,469
Long-Term Lease Liabilities	2,819			0	0
Deferred Income Taxes	1,200			1,238	1,185
Other Liabilities	1,315			1,580	1,618
Shareholders' Equity, Macy's, Inc.	6,057			6,436	5,667
Shareholders' Equity, noncontrolling interest	0			0	(22)
Total Shareholders’ Equity	6,057	$ 6,315	$ 6,323	6,436	5,645	$ 5,894	$ 5,801	$ 5,733
Total Liabilities and Shareholders' Equity	$ 22,547			$ 19,194	$ 20,361

Consolidated Balance Sheets (pa

Consolidated Balance Sheets (parenthetical) - USD ($) $ in Millions	Nov. 02, 2019	Feb. 02, 2019	Nov. 03, 2018
Accumulated depreciation and amortization	$ 4,926	$ 4,495	$ 5,084

Consolidated Statement of Chang

Consolidated Statement of Changes in Shareholders' Equity Statement - USD ($) $ in Millions	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Equity [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Parent [Member]	Noncontrolling Interest [Member]
Beginning balance at Feb. 03, 2018	$ 5,733	$ 3	$ 676	$ 7,246	$ (1,456)	$ (724)	$ 5,745	$ (12)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	131			139			139	(8)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	7					7	7
Common stock dividends	(116)			(116)			(116)
Stock-based compensation expense	17		17				17
Stock issued under stock plans	29		(51)		80		29
Stranded tax costs	0			164		(164)	0
Ending balance at May. 05, 2018	5,801	3	642	7,433	(1,376)	(881)	5,821	(20)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	164			166			166	(2)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	20					20	20
Common stock dividends	(116)			(116)			(116)
Stock-based compensation expense	15		15				15
Stock issued under stock plans	10		(21)		31		10
Ending balance at Aug. 04, 2018	5,894	3	636	7,483	(1,345)	(861)	5,916	(22)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	62			62			62
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(99)					(99)	(99)
Common stock dividends	(235)			(235)			(235)
Stock-based compensation expense	16		16				16
Stock issued under stock plans	7		(6)		13		7
Ending balance at Nov. 03, 2018	5,645	3	646	7,310	(1,332)	(960)	$ 5,667	$ (22)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative Effect of New Accounting Principle in Period of Adoption	(158)			(158)
Beginning balance at Feb. 02, 2019	6,436	3	652	8,050	(1,318)	(951)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	136			136
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	6					6
Common stock dividends	(117)			(117)
Stock-based compensation expense	14		14
Stock issued under stock plans	6		(60)		66
Ending balance at May. 04, 2019	6,323	3	606	7,911	(1,252)	(945)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	86			86
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	5					5
Common stock dividends	(117)			(117)
Stock-based compensation expense	14		14
Stock issued under stock plans	1		(3)		4
Stockholders' Equity, Other	3			3
Ending balance at Aug. 03, 2019	6,315	3	617	7,883	(1,248)	(940)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	2			2
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(37)					(37)
Common stock dividends	(236)			(236)
Stock-based compensation expense	12		12
Stock issued under stock plans	1		(3)		4
Ending balance at Nov. 02, 2019	$ 6,057	$ 3	$ 626	$ 7,649	$ (1,244)	$ (977)

Consolidated Statement of Cha_2

Consolidated Statement of Changes in Shareholders' Equity Parenthetical - $ / shares	3 Months Ended
	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018
Statement of Stockholders' Equity - Parenthetical [Abstract]
Common Stock, Dividends, Per Share, Declared	$ 0.7550	$ 0.3775	$ 0.3775	$ 0.7550	$ 0.3775	$ 0.3775

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018
Statement of Cash Flows [Abstract]
Net income	$ 224	$ 358
Adjustments to reconcile net income to net cash provided by operating activities:
Impairment, restructuring and other costs	16	39
Settlement charges	12	73
Depreciation and amortization	725	718
Stock-based compensation expense	40	48
Gains on sale of real estate	(67)	(111)
Benefit plans	23	25
Deferred Income Taxes	25	62
Amortization of financing costs and premium on acquired debt	1	(5)
Changes in assets and liabilities:
Decrease in receivables	224	163
Increase in merchandise inventories	(1,993)	(1,969)
Decrease in prepaid expenses and other current assets	13	16
Increase in merchandise accounts payable	1,648	1,664
Decrease in accounts payable and accrued liabilities	(470)	(221)
Decrease in current income taxes	(168)	(301)
Change in other assets and liabilities	(81)	(130)
Net cash provided by operating activities	172	429
Cash flows from investing activities:
Purchase of property and equipment	(623)	(468)
Capitalized software	(189)	(209)
Disposition of property and equipment	73	121
Other, net	10	7
Net cash used by investing activities	(729)	(549)
Cash flows from financing activities:
Debt Issuance Costs	(3)	0
Debt repaid	(42)	(361)
Dividends paid	(349)	(347)
Increase in outstanding checks	49	44
Acquisition of treasury stock	(1)	0
Issuance of common stock	6	41
Proceeds from noncontrolling interest	0	7
Net cash used by financing activities	(340)	(616)
Net decrease in cash, cash equivalents and restricted cash	(897)	(736)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning of period	1,248	1,513
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, end of period	351	777
Supplemental cash flow information:
Interest paid	152	213
Interest received	16	17
Income taxes paid (net of refunds received)	$ 199	$ 335

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows Consolidated Statements of Cash Flows - Restricted Cash Parenthetical - USD ($) $ in Millions	Nov. 02, 2019	Nov. 03, 2018
Statement of Cash Flows - Restricted Cash [Abstract]
Restricted Cash and Cash Equivalents	$ 50	$ 41

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Nov. 02, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Significant Accounting Policies	Organization and Summary of Significant Accounting Policies Nature of Operations Macy's, Inc. and subsidiaries (the "Company") is an omnichannel retail organization operating stores, websites and mobile applications under three brands (Macy's, Bloomingdale's and bluemercury) that sell a wide range of merchandise, including apparel and accessories (men's, women's and kids'), cosmetics, home furnishings and other consumer goods. The Company has stores in 43 states, the District of Columbia, Guam and Puerto Rico. As of November 2, 2019 , the Company's operations were conducted through Macy's, Bloomingdale's, Bloomingdale's The Outlet, Macy's Backstage and bluemercury. Bloomingdale's in Dubai, United Arab Emirates and Al Zahra, Kuwait are operated under a license agreement with Al Tayer Insignia, a company of Al Tayer Group, LLC. A description of the Company's significant accounting policies is included in the Company's Annual Report on Form 10-K for the fiscal year ended February 2, 2019 (the "2018 10-K"). The accompanying Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and notes thereto in the 2018 10-K. Use of Estimates The preparation of financial statements in conformity with United States generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Such estimates and assumptions are subject to inherent uncertainties, which may result in actual amounts differing from reported amounts. The Consolidated Financial Statements for the 13 and 39 weeks ended November 2, 2019 and November 3, 2018 , in the opinion of management, include all adjustments (consisting only of normal recurring adjustments) considered necessary to present fairly, in all material respects, the consolidated financial position and results of operations of the Company. Seasonality Because of the seasonal nature of the retail business, the results of operations for the 13 and 39 weeks ended November 2, 2019 and November 3, 2018 (which do not include the Christmas season) are not necessarily indicative of such results for the full fiscal year. Reclassifications Certain reclassifications were made to prior years’ amounts to conform to the classifications of such amounts in the most recent years. Comprehensive Income Total comprehensive income represents the change in equity during a period from sources other than transactions with shareholders and, as such, includes net income. For the Company, the only other components of total comprehensive income for the 13 and 39 weeks ended November 2, 2019 and November 3, 2018 relate to post employment and postretirement plan items. Settlement charges incurred are included as a separate component of income before income taxes in the Consolidated Statements of Income. Amortization reclassifications out of accumulated other comprehensive loss are included in the computation of net periodic benefit cost (income) and are included in benefit plan income, net on the Consolidated Statements of Income. See Note 6, "Benefit Plans," for further information. Newly Adopted Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), as amended, which requires lessees to recognize substantially all leases on-balance sheet and disclose key information about leasing arrangements. The new standard establishes a right of use ("ROU") model that requires a lessee to recognize a ROU asset and lease liability on the balance sheet for all leases with a term longer than 12 months. Leases are classified as finance or operating, with classification affecting the pattern and classification of expense recognition in the income statement. The new standard was adopted by the Company on February 3, 2019 utilizing a modified retrospective approach that allowed for transition in the period of adoption. The Company adopted the package of practical expedients available at transition that retained the lease classification and initial direct costs for any leases that existed prior to adoption of the standard. Contracts entered into prior to adoption were not reassessed for leases or embedded leases. Upon adoption, the Company used hindsight in determining lease term and impairment. For lease and non-lease components, the Company has elected to account for both as a single lease component. Adoption of the new standard resulted in the recording of additional net lease assets and lease liabilities of $2,519 million and $2,728 million , respectively, as of February 3, 2019. The difference of $209 million between the additional net lease assets and lease liabilities, net of the deferred tax impact of $54 million , was recorded as an adjustment to retained earnings. Prepaid rent, intangible lease assets, finance lease assets, and accrued and deferred rent as of February 3, 2019 were recorded as part of the ROU asset. Finance lease obligations as of February 3, 2019 were recorded as part of the lease liabilities. The standard did not materially impact the Company's consolidated net income and had no impact on cash flows.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Nov. 02, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Attributable to Macy's, Inc. Shareholders The following tables set forth the computation of basic and diluted earnings per share attributable to Macy's, Inc. shareholders: 13 Weeks Ended November 2, 2019 November 3, 2018 Net Shares Net Shares (millions, except per share data) Net income attributable to Macy's, Inc. shareholders and $ 2 308.9 $ 62 307.2 Shares to be issued under deferred 1.0 0.9 $ 2 309.9 $ 62 308.1 Basic earnings per share attributable to $ 0.01 $ 0.20 Effect of dilutive securities: Stock options and restricted stock units 1.1 4.1 $ 2 311.0 $ 62 312.2 Diluted earnings per share attributable to $ 0.01 $ 0.20 39 Weeks Ended November 2, 2019 November 3, 2018 Net Shares Net Shares (millions, except per share data) Net income attributable to Macy's, Inc. shareholders and $ 224 308.7 $ 368 306.6 Shares to be issued under deferred 0.9 0.9 $ 224 309.6 $ 368 307.5 Basic earnings per share attributable to $ 0.72 $ 1.20 Effect of dilutive securities: Stock options and restricted stock units 1.7 3.7 $ 224 311.3 $ 368 311.2 Diluted earnings per share attributable to $ 0.72 $ 1.18 In addition to the stock options and restricted stock units reflected in the foregoing tables, stock options to purchase 19.4 million shares of common stock and restricted stock units relating to 1.9 million shares of common stock were outstanding at November 2, 2019 , but were not included in the computation of diluted earnings per share because their inclusion would have been antidilutive or they were subject to performance conditions that had not been met. In addition to the stock options and restricted stock units reflected in the foregoing tables, stock options to purchase 12.7 million shares of common stock and restricted stock units relating to 1.4 million shares of common stock were outstanding at November 3, 2018 , but were not included in the computation of diluted earnings per share because their inclusion would have been antidilutive or they were subject to performance conditions that had not been met.

Revenue

Revenue	9 Months Ended
	Nov. 02, 2019
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	Revenue Net sales Revenue is recognized when customers obtain control of goods and services promised by the Company. The amount of revenue recognized is based on the amount that reflects the consideration that is expected to be received in exchange for those respective goods and services. The Company's revenue generating activities include the following: Retail Sales Retail sales include merchandise sales, inclusive of delivery income, licensed department income, sales of private brand goods directly to third party retailers and sales of excess inventory to third parties. Sales of merchandise are recorded at the time of shipment to the customer and are reported net of estimated merchandise returns and certain customer incentives. Commissions earned on sales generated by licensed departments are included as a component of total net sales and are recognized as revenue at the time merchandise is sold to customers. Service revenues (e.g., alteration and cosmetic services) are recorded at the time the customer receives the benefit of the service. The Company has elected to present sales taxes on a net basis and, as such, sales taxes are included in accounts payable and accrued liabilities until remitted to the taxing authorities. For the 13 and 39 weeks ended November 2, 2019 , Macy's accounted for 87% and 88% of the Company's net sales, respectively. For each of the 13 and 39 weeks ended November 3, 2018 , Macy's accounted for 88% of the Company's net sales. Disaggregation of the Company's net sales by family of business for the 13 and 39 weeks ended November 2, 2019 and November 3, 2018 were as follows: 13 Weeks Ended 39 Weeks Ended Net sales by family of business November 2, 2019 November 3, 2018 November 2, 2019 November 3, 2018 (millions) Women's Accessories, Intimate Apparel, Shoes, Cosmetics and Fragrances $ 1,960 $ 2,008 $ 6,152 $ 6,188 Women's Apparel 1,197 1,268 3,779 3,940 Men's and Kids' 1,195 1,244 3,663 3,692 Home/Other (a) 821 884 2,629 2,696 Total $ 5,173 $ 5,404 $ 16,223 $ 16,516 (a) Other primarily includes restaurant sales, allowance for merchandise returns adjustments, certain loyalty program income and breakage income from unredeemed gift cards. Merchandise Returns The Company estimates merchandise returns using historical data and recognizes an allowance that reduces net sales and cost of sales. The liability for merchandise returns is included in accounts payable and accrued liabilities on the Company's Consolidated Balance Sheets and was $245 million , $269 million and $265 million as of November 2, 2019 , February 2, 2019 and November 3, 2018 , respectively. Included in prepaid expenses and other current assets is an asset totaling $164 million , $188 million and $180 million as of November 2, 2019 , February 2, 2019 and November 3, 2018 , respectively, for the recoverable cost of merchandise estimated to be returned by customers. Gift Cards and Customer Loyalty Programs The Company only offers no-fee, non-expiring gift cards to its customers. At the time gift cards are sold or issued, no revenue is recognized; rather, the Company records an accrued liability to customers. The liability is relieved and revenue is recognized equal to the amount redeemed at the time gift cards are redeemed for merchandise. The Company records revenue from unredeemed gift cards (breakage) in net sales on a pro-rata basis over the time period gift cards are actually redeemed. At least three years of historical data, updated annually, is used to determine actual redemption patterns. The Company maintains customer loyalty programs in which customers earn points based on their purchases. Under the Macy’s brand, points are earned based on customers’ spending on Macy’s private label and co-branded credit cards as well as non-proprietary cards during certain tender-neutral promotional events. Under the Bloomingdale’s brand, the Company offers a tender-neutral points-based program. The Company recognizes the estimated net amount of the rewards that will be earned and redeemed as a reduction to net sales at the time of the initial transaction and as tender when the points are subsequently redeemed by a customer. The liability for unredeemed gift cards and customer loyalty programs is included in accounts payable and accrued liabilities on the Company's Consolidated Balance Sheets and was $705 million , $856 million and $723 million as of November 2, 2019 , February 2, 2019 and November 3, 2018 , respectively. Credit Card Revenues, net

Leases

Leases	9 Months Ended
	Nov. 02, 2019
Leases [Abstract]
Lessee, Operating and Financing Leases [Text Block]	Leases The Company leases a portion of the real estate and personal property used in its operations. Most leases require the Company to pay real estate taxes, maintenance, insurance and other similar costs; some also require additional payments based on percentages of sales and some contain purchase options. Certain of the Company’s real estate leases have terms that extend for a significant number of years and provide for rental rates that increase or decrease over time. L ease terms include the noncancellable portion of the underlying leases along with any reasonably certain lease periods associated with available renewal periods, termination options and purchase options. Operating lease liabilities are recognized at the lease commencement date based on the present value of the fixed lease payments using the Company's incremental borrowing rates for its population of leases. Related operating ROU assets are recognized based on the initial present value of the fixed lease payments, reduced by contributions from landlords, plus any prepaid rent and direct costs from executing the leases. ROU assets are tested for impairment in the same manner as long-lived assets. Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these leases on a straight-line basis over the lease term. Variable lease payments are recognized as lease expense as they are incurred. Certain of the Company's leases contain covenants that restrict the ability of the tenant (typically a subsidiary of the Company) to take specified actions (including the payment of dividends or other amounts on account of its capital stock) unless the tenant satisfies certain financial tests. ROU assets and lease liabilities consist of: November 2, 2019 Classification (millions) Assets Finance lease assets (a) Right of Use Assets $ 11 Operating lease assets (b) Right of Use Assets 2,585 Total lease assets $ 2,596 Liabilities Current Finance Accounts payable and accrued liabilities $ 1 Operating (b) Accounts payable and accrued liabilities 313 Noncurrent Finance Long-Term Lease Liabilities 24 Operating (b) Long-Term Lease Liabilities 2,795 Total lease liabilities $ 3,133 (a) Finance lease assets are recorded net of accumulated amortization of $12 million as of November 2, 2019 . (b) As of November 2, 2019 , operating lease assets included $394 million of non-lease components and current and noncurrent lease liabilities included $34 million and $367 million , respectively, of non-lease components. The components of net lease expense are disclosed below. For the 13 and 39 weeks ended November 2, 2019 , expense related to non-lease components was $20 million and $61 million , respectively, and variable lease expense was $3 million and $10 million , respectively. 13 Weeks Ended 39 Weeks Ended November 2, 2019 November 2, 2019 Classification (millions) Operating lease expense (c) Selling, general and administrative expenses $ 106 $ 319 Sublease income Selling, general and administrative expenses (1 ) (2 ) Net lease expense $ 105 $ 317 (c) Certain supply chain operating lease expense amounts are included in cost of sales. As of November 2, 2019 , the maturity of lease liabilities is as follows: Finance Leases (d) Operating Leases (e and f) Total (millions) Fiscal year 2019 $ 1 $ 90 $ 91 2020 3 334 337 2021 3 335 338 2022 3 313 316 2023 3 308 311 After 2023 31 5,384 5,415 Total undiscounted lease payments 44 6,764 6,808 Less amount representing interest 19 3,656 3,675 Total lease liabilities $ 25 $ 3,108 $ 3,133 (d) Finance lease payments include $12 million related to options to extend lease terms that are reasonably certain of being exercised. (e) Operating lease payments include $3,272 million related to options to extend lease terms that are reasonably certain of being exercised and exclude $965 million of legally binding minimum lease payments for leases signed but not yet commenced. (f) Operating lease payments include $1,159 million related to non-lease component payments, with $ 841 million related to options to extend lease terms that are reasonably certain of being exercised. Additional supplemental information regarding assumptions and cash flows for operating and finance leases is as follows: November 2, 2019 Lease Term and Discount Rate (millions) Weighted-average remaining lease term (years) Finance leases 17.9 Operating leases 23.6 Weighted-average discount rate Finance leases 6.64 % Operating leases 6.70 % 39 Weeks Ended November 2, 2019 Other Information Cash paid for amounts included in the measurement of lease liabilities Operating cash flows used from operating leases $ 272 Financing cash flows used from financing leases 2 Leased assets obtained in exchange for new operating lease liabilities 48 As of February 2, 2019, as disclosed in the 2018 10-K, minimum rental commitments for noncancellable leases, including executed leases not yet commenced, were as follows: Capitalized Leases (g) Operating Leases Total (millions) Fiscal year 2019 $ 3 $ 325 $ 328 2020 3 315 318 2021 3 309 312 2022 3 283 286 2023 3 264 267 After 2023 31 2,758 2,789 Total minimum lease payments 46 $ 4,254 $ 4,300 Less amount representing interest 20 Present value of net minimum capitalized lease payments $ 26 (g) For purposes of the disclosure, capitalized lease is used interchangeably with finance lease.

Financing Activities

Financing Activities	9 Months Ended
	Nov. 02, 2019
Debt Disclosure [Abstract]
Financing Activities	Financing Activities The following table shows the detail of debt repayments: 39 Weeks Ended November 2, 2019 November 3, 2018 (millions) 6.9% Senior debentures due 2029 $ — $ 90 4.5% Senior notes due 2034 — 80 6.7% Senior notes due 2028 — 60 6.375% Senior notes due 2037 — 43 6.7% Senior debentures due 2034 — 28 7.0% Senior debentures due 2028 — 27 6.65% Senior debentures due 2024 — 11 6.9% Senior debentures due 2032 — 5 8.5% Senior debentures due 2019 36 — 9.5% Amortizing debentures due 2021 4 4 9.75% Amortizing debentures due 2021 2 2 Capital leases and other obligations — 1 $ 42 $ 351 During the 39 weeks ended November 3, 2018, the Company repurchased $344 million face value of senior notes and debentures. The debt repurchases were made in the open market for a total cost of $354 million , including expenses related to the transactions. Such repurchases resulted in the recognition of expense of $5 million during the 39 weeks ended November 3, 2018 presented as losses on early retirement of debt on the Consolidated Statements of Income. On May 9, 2019, the Company entered into a new credit agreement with certain financial institutions that replaced the previous credit agreement which was set to expire on May 6, 2021. Similar to the previous agreement, the new credit agreement provides for revolving credit borrowings and letters of credit in an aggregate amount not to exceed $1,500 million (which may be increased to $1,750 million at the option of the Company, subject to the willingness of existing or new lenders to provide commitments for such additional financing). The new credit agreement is scheduled to expire on May 9, 2024, subject to up to two one-year extensions that may be requested by the Company and agreed to by the lenders. On December 3, 2019, the Company commenced a cash tender offer (the "tender offer") to purchase up to $450 million in aggregate principal amount of certain unsecured notes and debentures, with stated interest rates from 2.875% to 7.00% and maturities ranging from fiscal years 2021 to 2043. The tender offer expires on December 31, 2019, with an early tender date on December 16, 2019.

Benefit Plans

Benefit Plans	9 Months Ended
	Nov. 02, 2019
Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract]
Benefit Plans	Benefit Plans The Company has defined contribution plans which cover substantially all employees who work 1,000 hours or more in a year. In addition, the Company has a funded defined benefit plan ("Pension Plan") and an unfunded defined benefit supplementary retirement plan ("SERP"), which provides benefits, for certain employees, in excess of qualified plan limitations. Effective January 1, 2012, the Pension Plan was closed to new participants, with limited exceptions, and effective January 2, 2012, the SERP was closed to new participants. In February 2013, the Company announced changes to the Pension Plan and SERP whereby eligible employees no longer earn future pension service credits after December 31, 2013, with limited exceptions. All retirement benefits attributable to service in subsequent periods are provided through defined contribution plans. In addition, certain retired employees currently are provided with specified health care and life insurance benefits ("Postretirement Obligations"). Eligibility requirements for such benefits vary, but generally state that benefits are available to eligible employees who were hired prior to a certain date and retire after a certain age with specified years of service. Certain employees are subject to having such benefits modified or terminated. The defined contribution plan expense and actuarially determined components of the net periodic benefit cost (income) associated with the defined benefit plans are as follows: 13 Weeks Ended 39 Weeks Ended November 2, 2019 November 3, 2018 November 2, 2019 November 3, 2018 (millions) (millions) 401(k) Qualified Defined Contribution Plan $ 25 $ 24 $ 74 $ 71 Non-Qualified Defined Contribution Plan $ — $ — $ 2 $ 1 Pension Plan Service cost $ 2 $ 1 $ 4 $ 4 Interest cost 26 28 78 81 Expected return on assets (48 ) (51 ) (144 ) (157 ) Recognition of net actuarial loss 7 7 21 23 Amortization of prior service credit — — — — $ (13 ) $ (15 ) $ (41 ) $ (49 ) Supplementary Retirement Plan Service cost $ — $ — $ — $ — Interest cost 5 6 17 17 Recognition of net actuarial loss 2 2 6 6 Amortization of prior service cost — — — — $ 7 $ 8 $ 23 $ 23 Total Retirement Expense $ 19 $ 17 $ 58 $ 46 Postretirement Obligations Service cost $ — $ — $ — $ — Interest cost 1 1 3 3 Recognition of net actuarial gain (1 ) (2 ) (4 ) (4 ) Amortization of prior service credit — — — — $ — $ (1 ) $ (1 ) $ (1 ) In connection with the Company's defined benefit plans, for the 13 and 39 weeks ended November 2, 2019, the Company incurred a non-cash settlement charge of $12 million and for the 13 and 39 weeks ended November 3, 2018 , the Company incurred non-cash settlement charges of $23 million and $73 million , respectively. These charges relate to the pro-rata recognition of net actuarial losses associated with the Company's defined benefit plans and are the result of an increase in lump sum distributions associated with retiree distribution elections and restructuring activity.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Nov. 02, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]
Fair Value Measurements	Fair Value Measurements The following table shows the Company's financial assets that are required to be measured at fair value on a recurring basis, by level within the hierarchy as defined by applicable accounting standards: Level 1: Quoted prices in active markets for identical assets Level 2: Significant observable inputs for the assets Level 3: Significant unobservable inputs for the assets November 2, 2019 November 3, 2018 Fair Value Measurements Fair Value Measurements Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 (millions) Marketable equity and debt securities $ 92 $ 33 $ 59 $ — $ 96 $ 26 $ 70 $ — Other financial instruments not measured at fair value on a recurring basis include cash and cash equivalents, receivables, certain short-term investments and other assets, short-term debt, merchandise accounts payable, accounts payable and accrued liabilities and long-term debt. With the exception of long-term debt, the carrying amount of these financial instruments approximates fair value because of the short maturity of these instruments. The fair values of long-term debt, excluding capitalized leases, are generally estimated based on quoted market prices for identical or similar instruments, and are classified as Level 2 measurements within the hierarchy as defined by applicable accounting standards. The following table shows the estimated fair value of the Company's long-term debt, excluding capital leases and other obligations: November 2, 2019 November 3, 2018 Notional Amount Carrying Amount Fair Value Notional Amount Carrying Amount Fair Value (millions) Long-term debt $ 4,664 $ 4,677 $ 4,716 $ 5,420 $ 5,444 $ 5,170

Condensed Consolidating Financi

Condensed Consolidating Financial Information	9 Months Ended
	Nov. 02, 2019
Condensed Financial Information Disclosure [Abstract]
Condensed Consolidating Financial Information	Condensed Consolidating Financial Information Certain debt obligations of the Company, which constitute debt obligations of Macy's Retail Holdings, Inc. ("Subsidiary Issuer"), a 100%-owned subsidiary of Macy's, Inc. ("Parent"), are fully and unconditionally guaranteed by Parent. In the following condensed consolidating financial statements, "Other Subsidiaries" includes all other direct subsidiaries of Parent, including Bluemercury, Inc., FDS Bank, West 34th Street Insurance Company New York, Macy's Merchandising Corporation, Macy's Merchandising Group, Inc. and its subsidiaries Macy's Merchandising Group (Hong Kong) Limited, Macy's Merchandising Group Procurement, LLC, Macy's Merchandising Group International, LLC, Macy's Merchandising Group International (Hong Kong) Limited, and Macy's China Limited. "Subsidiary Issuer" includes operating divisions and non-guarantor subsidiaries of the Subsidiary Issuer on an equity basis. The assets and liabilities and results of operations of the non-guarantor subsidiaries of the Subsidiary Issuer are also reflected in "Other Subsidiaries." Condensed Consolidating Statements of Comprehensive Income for the 13 and 39 weeks ended November 2, 2019 and November 3, 2018 , Condensed Consolidating Balance Sheets as of November 2, 2019 , November 3, 2018 and February 2, 2019 , and the related Condensed Consolidating Statements of Cash Flows for the 39 weeks ended November 2, 2019 and November 3, 2018 are presented on the following pages. Condensed Consolidating Statement of Comprehensive Income For the 13 Weeks Ended November 2, 2019 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 2,044 $ 5,245 $ (2,116 ) $ 5,173 Credit card revenues (expense), net — (2 ) 185 — 183 Cost of sales — (1,230 ) (3,992 ) 2,116 (3,106 ) Selling, general and administrative expenses — (870 ) (1,332 ) — (2,202 ) Gains on sale of real estate — 8 9 — 17 Restructuring and other costs — (1 ) (12 ) — (13 ) Operating income (loss) — (51 ) 103 — 52 Benefit plan income, net — 3 5 — 8 Settlement charges — — (12 ) — (12 ) Interest (expense) income, net: External 3 (52 ) 1 — (48 ) Intercompany — (18 ) 18 — — Equity in loss of subsidiaries (3 ) (125 ) — 128 — Income (loss) before income taxes — (243 ) 115 128 — Federal, state and local income 2 30 (30 ) — 2 Net income (loss) 2 (213 ) 85 128 2 Net loss attributable to noncontrolling interest — — — — — Net income (loss) attributable to $ 2 $ (213 ) $ 85 $ 128 $ 2 Comprehensive income (loss) $ (35 ) $ (249 ) $ 65 $ 184 $ (35 ) Comprehensive loss attributable to — — — — — Comprehensive income (loss) attributable to $ (35 ) $ (249 ) $ 65 $ 184 $ (35 ) Condensed Consolidating Statement of Comprehensive Income For the 13 Weeks Ended November 3, 2018 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 2,030 $ 6,185 $ (2,811 ) $ 5,404 Credit card revenues, net — — 185 — 185 Cost of sales — (1,266 ) (4,771 ) 2,811 (3,226 ) Selling, general and administrative expenses — (883 ) (1,372 ) — (2,255 ) Gains on sale of real estate — 41 1 — 42 Restructuring and other costs — — (3 ) — (3 ) Operating income (loss) — (78 ) 225 — 147 Benefit plan income, net — 3 6 — 9 Settlement charges — (8 ) (15 ) — (23 ) Interest (expense) income, net: External 4 (64 ) 1 — (59 ) Intercompany — (18 ) 18 — — Equity in earnings (loss) of subsidiaries 59 (58 ) — (1 ) — Income (loss) before income taxes 63 (223 ) 235 (1 ) 74 Federal, state and local income (1 ) 57 (68 ) — (12 ) Net income (loss) 62 (166 ) 167 (1 ) 62 Net loss attributable to noncontrolling interest — — — — — Net income (loss) attributable to $ 62 $ (166 ) $ 167 $ (1 ) $ 62 Comprehensive income (loss) $ (37 ) $ (257 ) $ 106 $ 151 $ (37 ) Comprehensive loss attributable to — — — — — Comprehensive income (loss) attributable to $ (37 ) $ (257 ) $ 106 $ 151 $ (37 ) Condensed Consolidating Statement of Comprehensive Income For the 39 Weeks Ended November 2, 2019 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 6,418 $ 14,428 $ (4,623 ) $ 16,223 Credit card revenues (expense), net — (8 ) 539 — 531 Cost of sales — (3,913 ) (10,615 ) 4,623 (9,905 ) Selling, general and administrative expenses 1 (2,544 ) (3,946 ) — (6,489 ) Gains on sale of real estate — 32 35 — 67 Impairment, restructuring and other costs — (1 ) (15 ) — (16 ) Operating income (loss) 1 (16 ) 426 — 411 Benefit plan income, net — 9 14 — 23 Settlement charges — — (12 ) — (12 ) Interest (expense) income, net: External 11 (157 ) 3 — (143 ) Intercompany — (55 ) 55 — — Equity in earnings (loss) of subsidiaries 212 (264 ) — 52 — Income (loss) before income taxes 224 (483 ) 486 52 279 Federal, state and local income — 61 (116 ) — (55 ) Net income (loss) 224 (422 ) 370 52 224 Net loss attributable to noncontrolling interest — — — — — Net income (loss) attributable to $ 224 $ (422 ) $ 370 $ 52 $ 224 Comprehensive income (loss) $ 198 $ (448 ) $ 358 $ 90 $ 198 Comprehensive loss attributable to — — — — — Comprehensive income (loss) attributable to $ 198 $ (448 ) $ 358 $ 90 $ 198 Condensed Consolidating Statement of Comprehensive Income For the 39 Weeks Ended November 3, 2018 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 6,110 $ 16,462 $ (6,056 ) $ 16,516 Credit card revenues (expense), net — (3 ) 531 — 528 Cost of sales — (3,857 ) (12,126 ) 6,056 (9,927 ) Selling, general and administrative expenses — (2,522 ) (3,979 ) — (6,501 ) Gains on sale of real estate — 83 28 — 111 Impairment, restructuring and other costs — — (39 ) — (39 ) Operating income (loss) — (189 ) 877 — 688 Benefit plan income, net — 12 19 — 31 Settlement charges (5 ) (24 ) (44 ) — (73 ) Interest (expense) income, net: External 13 (203 ) 3 — (187 ) Intercompany — (54 ) 54 — — Losses on early retirement of debt — (5 ) — — (5 ) Equity in earnings of subsidiaries 362 51 — (413 ) — Income (loss) before income taxes 370 (412 ) 909 (413 ) 454 Federal, state and local income (2 ) 123 (217 ) — (96 ) Net income (loss) 368 (289 ) 692 (413 ) 358 Net loss attributable to noncontrolling interest — — 10 — 10 Net income (loss) attributable to $ 368 $ (289 ) $ 702 $ (413 ) $ 368 Comprehensive income (loss) $ 296 $ (357 ) $ 646 $ (299 ) $ 286 Comprehensive loss attributable to — — 10 — 10 Comprehensive income (loss) attributable to $ 296 $ (357 ) $ 656 $ (299 ) $ 296 Condensed Consolidating Balance Sheet As of November 2, 2019 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated ASSETS: Current Assets: Cash and cash equivalents $ 42 $ 73 $ 186 $ — $ 301 Receivables — 30 145 — 175 Merchandise inventories — 3,145 4,111 — 7,256 Income taxes 96 — — (95 ) 1 Prepaid expenses and other current assets — 126 442 — 568 Total Current Assets 138 3,374 4,884 (95 ) 8,301 Property and Equipment – net — 3,174 3,384 — 6,558 Right of Use Assets — 653 1,943 — 2,596 Goodwill — 3,326 582 — 3,908 Other Intangible Assets – net — 5 435 — 440 Other Assets — 49 695 — 744 Deferred Income Taxes 9 — — (9 ) — Intercompany Receivable 2,923 — 454 (3,377 ) — Investment in Subsidiaries 3,231 2,812 — (6,043 ) — Total Assets $ 6,301 $ 13,393 $ 12,377 $ (9,524 ) $ 22,547 LIABILITIES AND SHAREHOLDERS’ EQUITY: Current Liabilities: Short-term debt $ — $ 6 $ — $ — $ 6 Merchandise accounts payable — 1,521 1,906 — 3,427 Accounts payable and accrued liabilities 216 835 1,995 — 3,046 Income taxes — 51 44 (95 ) — Total Current Liabilities 216 2,413 3,945 (95 ) 6,479 Long-Term Debt — 4,677 — 4,677 Long-Term Lease Liabilities — 589 2,230 — 2,819 Intercompany Payable — 3,377 — (3,377 ) — Deferred Income Taxes — 654 555 (9 ) 1,200 Other Liabilities 28 377 910 — 1,315 Shareholders' Equity: Macy's, Inc. 6,057 1,306 4,737 (6,043 ) 6,057 Noncontrolling Interest — — — — — Total Shareholders' Equity 6,057 1,306 4,737 (6,043 ) 6,057 Total Liabilities and Shareholders' Equity $ 6,301 $ 13,393 $ 12,377 $ (9,524 ) $ 22,547 Condensed Consolidating Balance Sheet As of November 3, 2018 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated ASSETS: Current Assets: Cash and cash equivalents $ 426 $ 74 $ 236 $ — $ 736 Receivables 1 25 154 — 180 Merchandise inventories — 3,112 4,035 — 7,147 Income taxes 81 — — (71 ) 10 Prepaid expenses and other current assets — 139 455 — 594 Total Current Assets 508 3,350 4,880 (71 ) 8,667 Property and Equipment – net — 3,244 3,328 — 6,572 Goodwill — 3,326 582 — 3,908 Other Intangible Assets – net — 40 441 — 481 Other Assets — 39 694 — 733 Deferred Income Taxes 11 — — (11 ) — Intercompany Receivable 1,725 — 882 (2,607 ) — Investment in Subsidiaries 3,639 3,028 — (6,667 ) — Total Assets $ 5,883 $ 13,027 $ 10,807 $ (9,356 ) $ 20,361 LIABILITIES AND SHAREHOLDERS’ EQUITY: Current Liabilities: Short-term debt $ — $ 42 $ 23 $ — $ 65 Merchandise accounts payable — 1,515 1,866 — 3,381 Accounts payable and accrued liabilities 192 874 1,932 — 2,998 Income taxes — 40 31 (71 ) — Total Current Liabilities 192 2,471 3,852 (71 ) 6,444 Long-Term Debt — 5,453 16 — 5,469 Intercompany Payable — 2,607 — (2,607 ) — Deferred Income Taxes — 619 577 (11 ) 1,185 Other Liabilities 24 431 1,163 — 1,618 Shareholders' Equity: Macy's, Inc. 5,667 1,446 5,221 (6,667 ) 5,667 Noncontrolling Interest — — (22 ) — (22 ) Total Shareholders' Equity 5,667 1,446 5,199 (6,667 ) 5,645 Total Liabilities and Shareholders' Equity $ 5,883 $ 13,027 $ 10,807 $ (9,356 ) $ 20,361 Condensed Consolidating Balance Sheet As of February 2, 2019 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated ASSETS: Current Assets: Cash and cash equivalents $ 889 $ 59 $ 214 $ — $ 1,162 Receivables — 68 332 — 400 Merchandise inventories — 2,342 2,921 — 5,263 Prepaid expenses and other current assets — 143 477 — 620 Total Current Assets 889 2,612 3,944 — 7,445 Property and Equipment – net — 3,287 3,350 — 6,637 Goodwill — 3,326 582 — 3,908 Other Intangible Assets – net — 38 440 — 478 Other Assets — 41 685 — 726 Deferred Income Taxes 12 — — (12 ) — Intercompany Receivable 1,713 — 1,390 (3,103 ) — Investment in Subsidiaries 4,030 3,119 — (7,149 ) — Total Assets $ 6,644 $ 12,423 $ 10,391 $ (10,264 ) $ 19,194 LIABILITIES AND SHAREHOLDERS’ EQUITY: Current Liabilities: Short-term debt $ — $ 42 $ 1 $ — $ 43 Merchandise accounts payable — 713 942 — 1,655 Accounts payable and accrued liabilities 170 950 2,246 — 3,366 Income taxes 14 52 102 — 168 Total Current Liabilities 184 1,757 3,291 — 5,232 Long-Term Debt — 4,692 16 — 4,708 Intercompany Payable — 3,103 — (3,103 ) — Deferred Income Taxes — 679 571 (12 ) 1,238 Other Liabilities 24 406 1,150 — 1,580 Shareholders' Equity: Macy's, Inc. 6,436 1,786 5,363 (7,149 ) 6,436 Noncontrolling Interest — — — — — Total Shareholders' Equity 6,436 1,786 5,363 (7,149 ) 6,436 Total Liabilities and Shareholders' Equity $ 6,644 $ 12,423 $ 10,391 $ (10,264 ) $ 19,194 Condensed Consolidating Statement of Cash Flows For the 39 Weeks Ended November 2, 2019 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated Cash flows from operating activities: Net income (loss) $ 224 $ (422 ) $ 370 $ 52 $ 224 Impairment, restructuring and other costs — 1 15 — 16 Settlement charges — — 12 — 12 Equity in loss (earnings) of subsidiaries (212 ) 264 — (52 ) — Dividends received from subsidiaries 819 — — (819 ) — Depreciation and amortization — 251 474 — 725 Gains on sale of real estate — (32 ) (35 ) — (67 ) Changes in assets, liabilities and other items not separately identified (99 ) (139 ) (500 ) — (738 ) Net cash provided (used) by operating activities 732 (77 ) 336 (819 ) 172 Cash flows from investing activities: Purchase of property and equipment and capitalized software, net of dispositions — (179 ) (560 ) — (739 ) Other, net — (2 ) 12 — 10 Net cash used by investing activities — (181 ) (548 ) — (729 ) Cash flows from financing activities: Debt repaid, including debt issuance costs — (45 ) — — (45 ) Dividends paid (349 ) — (819 ) 819 (349 ) Issuance of common stock, net of common stock acquired 5 — — — 5 Intercompany activity, net (1,161 ) 239 922 — — Other, net (74 ) 73 50 — 49 Net cash provided (used) by financing activities (1,579 ) 267 153 819 (340 ) Net increase (decrease) in cash, cash equivalents and restricted cash (847 ) 9 (59 ) — (897 ) Cash, cash equivalents and restricted cash at beginning of period 889 64 295 — 1,248 Cash, cash equivalents and restricted cash at end of period $ 42 $ 73 $ 236 $ — $ 351 Condensed Consolidating Statement of Cash Flows For the 39 Weeks Ended November 3, 2018 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated Cash flows from operating activities: Net income (loss) $ 368 $ (289 ) $ 692 $ (413 ) $ 358 Impairment, restructuring and other costs — — 39 — 39 Settlement charges 5 24 44 — 73 Equity in earnings of subsidiaries (362 ) (51 ) — 413 — Dividends received from subsidiaries 689 — — (689 ) — Depreciation and amortization — 250 468 — 718 Gains on sale of real estate — (83 ) (28 ) — (111 ) Changes in assets, liabilities and other items not separately identified (191 ) 115 (571 ) (1 ) (648 ) Net cash provided (used) by operating activities 509 (34 ) 644 (690 ) 429 Cash flows from investing activities: Purchase of property and equipment and capitalized software, net of dispositions — (98 ) (458 ) — (556 ) Other, net — (15 ) (29 ) 51 7 Net cash used by investing activities — (113 ) (487 ) 51 (549 ) Cash flows from financing activities: Debt repaid — (310 ) (1 ) (50 ) (361 ) Dividends paid (347 ) — (689 ) 689 (347 ) Issuance of common stock 41 — — — 41 Proceeds from noncontrolling interest — — 7 — 7 Intercompany activity, net (803 ) 378 425 — — Other, net (83 ) 74 53 — 44 Net cash provided (used) by financing activities (1,192 ) 142 (205 ) 639 (616 ) Net decrease in cash, cash equivalents and restricted cash (683 ) (5 ) (48 ) — (736 ) Cash, cash equivalents and restricted cash at beginning of period 1,109 79 325 — 1,513 Cash, cash equivalents and restricted cash at end of period $ 426 $ 74 $ 277 $ — $ 777

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policy)	9 Months Ended
	Nov. 02, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature Of Operations	Nature of Operations Macy's, Inc. and subsidiaries (the "Company") is an omnichannel retail organization operating stores, websites and mobile applications under three brands (Macy's, Bloomingdale's and bluemercury) that sell a wide range of merchandise, including apparel and accessories (men's, women's and kids'), cosmetics, home furnishings and other consumer goods. The Company has stores in 43 states, the District of Columbia, Guam and Puerto Rico. As of November 2, 2019 , the Company's operations were conducted through Macy's, Bloomingdale's, Bloomingdale's The Outlet, Macy's Backstage and bluemercury. Bloomingdale's in Dubai, United Arab Emirates and Al Zahra, Kuwait are operated under a license agreement with Al Tayer Insignia, a company of Al Tayer Group, LLC. A description of the Company's significant accounting policies is included in the Company's Annual Report on Form 10-K for the fiscal year ended February 2, 2019 (the "2018 10-K"). The accompanying Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and notes thereto in the 2018 10-K.
Use Of Estimates	Use of Estimates The preparation of financial statements in conformity with United States generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Such estimates and assumptions are subject to inherent uncertainties, which may result in actual amounts differing from reported amounts. The Consolidated Financial Statements for the 13 and 39 weeks ended November 2, 2019 and November 3, 2018 , in the opinion of management, include all adjustments (consisting only of normal recurring adjustments) considered necessary to present fairly, in all material respects, the consolidated financial position and results of operations of the Company.
Reclassifications	Reclassifications Certain reclassifications were made to prior years’ amounts to conform to the classifications of such amounts in the most recent years.
Comprehensive Income	Comprehensive Income Total comprehensive income represents the change in equity during a period from sources other than transactions with shareholders and, as such, includes net income. For the Company, the only other components of total comprehensive income for the 13 and 39 weeks ended November 2, 2019 and November 3, 2018 relate to post employment and postretirement plan items. Settlement charges incurred are included as a separate component of income before income taxes in the Consolidated Statements of Income. Amortization reclassifications out of accumulated other comprehensive loss are included in the computation of net periodic benefit cost (income) and are included in benefit plan income, net on the Consolidated Statements of Income. See Note 6, "Benefit Plans," for further information.
Newly Adopted Accounting Pronouncements	Newly Adopted Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), as amended, which requires lessees to recognize substantially all leases on-balance sheet and disclose key information about leasing arrangements. The new standard establishes a right of use ("ROU") model that requires a lessee to recognize a ROU asset and lease liability on the balance sheet for all leases with a term longer than 12 months. Leases are classified as finance or operating, with classification affecting the pattern and classification of expense recognition in the income statement. The new standard was adopted by the Company on February 3, 2019 utilizing a modified retrospective approach that allowed for transition in the period of adoption. The Company adopted the package of practical expedients available at transition that retained the lease classification and initial direct costs for any leases that existed prior to adoption of the standard. Contracts entered into prior to adoption were not reassessed for leases or embedded leases. Upon adoption, the Company used hindsight in determining lease term and impairment. For lease and non-lease components, the Company has elected to account for both as a single lease component. Adoption of the new standard resulted in the recording of additional net lease assets and lease liabilities of $2,519 million and $2,728 million , respectively, as of February 3, 2019. The difference of $209 million between the additional net lease assets and lease liabilities, net of the deferred tax impact of $54 million , was recorded as an adjustment to retained earnings. Prepaid rent, intangible lease assets, finance lease assets, and accrued and deferred rent as of February 3, 2019 were recorded as part of the ROU asset. Finance lease obligations as of February 3, 2019 were recorded as part of the lease liabilities. The standard did not materially impact the Company's consolidated net income and had no impact on cash flows.

Revenue Recognition (Policies)

Revenue Recognition (Policies)	9 Months Ended
	Nov. 02, 2019
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	Revenue Net sales Revenue is recognized when customers obtain control of goods and services promised by the Company. The amount of revenue recognized is based on the amount that reflects the consideration that is expected to be received in exchange for those respective goods and services. The Company's revenue generating activities include the following: Retail Sales Retail sales include merchandise sales, inclusive of delivery income, licensed department income, sales of private brand goods directly to third party retailers and sales of excess inventory to third parties. Sales of merchandise are recorded at the time of shipment to the customer and are reported net of estimated merchandise returns and certain customer incentives. Commissions earned on sales generated by licensed departments are included as a component of total net sales and are recognized as revenue at the time merchandise is sold to customers. Service revenues (e.g., alteration and cosmetic services) are recorded at the time the customer receives the benefit of the service. The Company has elected to present sales taxes on a net basis and, as such, sales taxes are included in accounts payable and accrued liabilities until remitted to the taxing authorities. For the 13 and 39 weeks ended November 2, 2019 , Macy's accounted for 87% and 88% of the Company's net sales, respectively. For each of the 13 and 39 weeks ended November 3, 2018 , Macy's accounted for 88% of the Company's net sales. Disaggregation of the Company's net sales by family of business for the 13 and 39 weeks ended November 2, 2019 and November 3, 2018 were as follows: 13 Weeks Ended 39 Weeks Ended Net sales by family of business November 2, 2019 November 3, 2018 November 2, 2019 November 3, 2018 (millions) Women's Accessories, Intimate Apparel, Shoes, Cosmetics and Fragrances $ 1,960 $ 2,008 $ 6,152 $ 6,188 Women's Apparel 1,197 1,268 3,779 3,940 Men's and Kids' 1,195 1,244 3,663 3,692 Home/Other (a) 821 884 2,629 2,696 Total $ 5,173 $ 5,404 $ 16,223 $ 16,516 (a) Other primarily includes restaurant sales, allowance for merchandise returns adjustments, certain loyalty program income and breakage income from unredeemed gift cards. Merchandise Returns The Company estimates merchandise returns using historical data and recognizes an allowance that reduces net sales and cost of sales. The liability for merchandise returns is included in accounts payable and accrued liabilities on the Company's Consolidated Balance Sheets and was $245 million , $269 million and $265 million as of November 2, 2019 , February 2, 2019 and November 3, 2018 , respectively. Included in prepaid expenses and other current assets is an asset totaling $164 million , $188 million and $180 million as of November 2, 2019 , February 2, 2019 and November 3, 2018 , respectively, for the recoverable cost of merchandise estimated to be returned by customers. Gift Cards and Customer Loyalty Programs The Company only offers no-fee, non-expiring gift cards to its customers. At the time gift cards are sold or issued, no revenue is recognized; rather, the Company records an accrued liability to customers. The liability is relieved and revenue is recognized equal to the amount redeemed at the time gift cards are redeemed for merchandise. The Company records revenue from unredeemed gift cards (breakage) in net sales on a pro-rata basis over the time period gift cards are actually redeemed. At least three years of historical data, updated annually, is used to determine actual redemption patterns. The Company maintains customer loyalty programs in which customers earn points based on their purchases. Under the Macy’s brand, points are earned based on customers’ spending on Macy’s private label and co-branded credit cards as well as non-proprietary cards during certain tender-neutral promotional events. Under the Bloomingdale’s brand, the Company offers a tender-neutral points-based program. The Company recognizes the estimated net amount of the rewards that will be earned and redeemed as a reduction to net sales at the time of the initial transaction and as tender when the points are subsequently redeemed by a customer. The liability for unredeemed gift cards and customer loyalty programs is included in accounts payable and accrued liabilities on the Company's Consolidated Balance Sheets and was $705 million , $856 million and $723 million as of November 2, 2019 , February 2, 2019 and November 3, 2018 , respectively. Credit Card Revenues, net

Leases (Policies)

Leases (Policies)	9 Months Ended
	Nov. 02, 2019
Leases [Abstract]
Lessee, Leases [Policy Text Block]	Leases The Company leases a portion of the real estate and personal property used in its operations. Most leases require the Company to pay real estate taxes, maintenance, insurance and other similar costs; some also require additional payments based on percentages of sales and some contain purchase options. Certain of the Company’s real estate leases have terms that extend for a significant number of years and provide for rental rates that increase or decrease over time. L ease terms include the noncancellable portion of the underlying leases along with any reasonably certain lease periods associated with available renewal periods, termination options and purchase options. Operating lease liabilities are recognized at the lease commencement date based on the present value of the fixed lease payments using the Company's incremental borrowing rates for its population of leases. Related operating ROU assets are recognized based on the initial present value of the fixed lease payments, reduced by contributions from landlords, plus any prepaid rent and direct costs from executing the leases. ROU assets are tested for impairment in the same manner as long-lived assets. Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these leases on a straight-line basis over the lease term. Variable lease payments are recognized as lease expense as they are incurred. Certain of the Company's leases contain covenants that restrict the ability of the tenant (typically a subsidiary of the Company) to take specified actions (including the payment of dividends or other amounts on account of its capital stock) unless the tenant satisfies certain financial tests.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Nov. 02, 2019
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following tables set forth the computation of basic and diluted earnings per share attributable to Macy's, Inc. shareholders: 13 Weeks Ended November 2, 2019 November 3, 2018 Net Shares Net Shares (millions, except per share data) Net income attributable to Macy's, Inc. shareholders and $ 2 308.9 $ 62 307.2 Shares to be issued under deferred 1.0 0.9 $ 2 309.9 $ 62 308.1 Basic earnings per share attributable to $ 0.01 $ 0.20 Effect of dilutive securities: Stock options and restricted stock units 1.1 4.1 $ 2 311.0 $ 62 312.2 Diluted earnings per share attributable to $ 0.01 $ 0.20 39 Weeks Ended November 2, 2019 November 3, 2018 Net Shares Net Shares (millions, except per share data) Net income attributable to Macy's, Inc. shareholders and $ 224 308.7 $ 368 306.6 Shares to be issued under deferred 0.9 0.9 $ 224 309.6 $ 368 307.5 Basic earnings per share attributable to $ 0.72 $ 1.20 Effect of dilutive securities: Stock options and restricted stock units 1.7 3.7 $ 224 311.3 $ 368 311.2 Diluted earnings per share attributable to $ 0.72 $ 1.18

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Nov. 02, 2019
Revenue from Contract with Customer [Abstract]
Sales from Merchandise Category [Table Text Block]	Disaggregation of the Company's net sales by family of business for the 13 and 39 weeks ended November 2, 2019 and November 3, 2018 were as follows: 13 Weeks Ended 39 Weeks Ended Net sales by family of business November 2, 2019 November 3, 2018 November 2, 2019 November 3, 2018 (millions) Women's Accessories, Intimate Apparel, Shoes, Cosmetics and Fragrances $ 1,960 $ 2,008 $ 6,152 $ 6,188 Women's Apparel 1,197 1,268 3,779 3,940 Men's and Kids' 1,195 1,244 3,663 3,692 Home/Other (a) 821 884 2,629 2,696 Total $ 5,173 $ 5,404 $ 16,223 $ 16,516 (a) Other primarily includes restaurant sales, allowance for merchandise returns adjustments, certain loyalty program income and breakage income from unredeemed gift cards.

Leases (Tables)

Leases (Tables)	9 Months Ended
	Nov. 02, 2019
Leases [Abstract]
Lessee Lease [Table Text Block]	ROU assets and lease liabilities consist of: November 2, 2019 Classification (millions) Assets Finance lease assets (a) Right of Use Assets $ 11 Operating lease assets (b) Right of Use Assets 2,585 Total lease assets $ 2,596 Liabilities Current Finance Accounts payable and accrued liabilities $ 1 Operating (b) Accounts payable and accrued liabilities 313 Noncurrent Finance Long-Term Lease Liabilities 24 Operating (b) Long-Term Lease Liabilities 2,795 Total lease liabilities $ 3,133 (a) Finance lease assets are recorded net of accumulated amortization of $12 million as of November 2, 2019 .
Lease, Cost [Table Text Block]	The components of net lease expense are disclosed below. For the 13 and 39 weeks ended November 2, 2019 , expense related to non-lease components was $20 million and $61 million , respectively, and variable lease expense was $3 million and $10 million , respectively. 13 Weeks Ended 39 Weeks Ended November 2, 2019 November 2, 2019 Classification (millions) Operating lease expense (c) Selling, general and administrative expenses $ 106 $ 319 Sublease income Selling, general and administrative expenses (1 ) (2 ) Net lease expense $ 105 $ 317 (c) Certain supply chain operating lease expense amounts are included in cost of sales.
Finance Lease, Liability, Maturity [Table Text Block]	As of November 2, 2019 , the maturity of lease liabilities is as follows: Finance Leases (d) Operating Leases (e and f) Total (millions) Fiscal year 2019 $ 1 $ 90 $ 91 2020 3 334 337 2021 3 335 338 2022 3 313 316 2023 3 308 311 After 2023 31 5,384 5,415 Total undiscounted lease payments 44 6,764 6,808 Less amount representing interest 19 3,656 3,675 Total lease liabilities $ 25 $ 3,108 $ 3,133 (d) Finance lease payments include $12 million related to options to extend lease terms that are reasonably certain of being exercised. (e) Operating lease payments include $3,272 million related to options to extend lease terms that are reasonably certain of being exercised and exclude $965 million of legally binding minimum lease payments for leases signed but not yet commenced. (f) Operating lease payments include $1,159 million related to non-lease component payments, with $ 841 million related to options to extend lease terms that are reasonably certain of being exercised.
Operating Lease Liability, Maturity [Table Text Block]	As of November 2, 2019 , the maturity of lease liabilities is as follows: Finance Leases (d) Operating Leases (e and f) Total (millions) Fiscal year 2019 $ 1 $ 90 $ 91 2020 3 334 337 2021 3 335 338 2022 3 313 316 2023 3 308 311 After 2023 31 5,384 5,415 Total undiscounted lease payments 44 6,764 6,808 Less amount representing interest 19 3,656 3,675 Total lease liabilities $ 25 $ 3,108 $ 3,133 (d) Finance lease payments include $12 million related to options to extend lease terms that are reasonably certain of being exercised. (e) Operating lease payments include $3,272 million related to options to extend lease terms that are reasonably certain of being exercised and exclude $965 million of legally binding minimum lease payments for leases signed but not yet commenced. (f) Operating lease payments include $1,159 million related to non-lease component payments, with $ 841 million
Schedule of Supplemental Information for Lease Assumptions and Cash Flows [Table Text Block]	Additional supplemental information regarding assumptions and cash flows for operating and finance leases is as follows: November 2, 2019 Lease Term and Discount Rate (millions) Weighted-average remaining lease term (years) Finance leases 17.9 Operating leases 23.6 Weighted-average discount rate Finance leases 6.64 % Operating leases 6.70 % 39 Weeks Ended November 2, 2019 Other Information Cash paid for amounts included in the measurement of lease liabilities Operating cash flows used from operating leases $ 272 Financing cash flows used from financing leases 2 Leased assets obtained in exchange for new operating lease liabilities 48
Prior Period Disclosure: Schedule of Future Minimum Payments for Capital and Operating Leases [Table Text Block]	As of February 2, 2019, as disclosed in the 2018 10-K, minimum rental commitments for noncancellable leases, including executed leases not yet commenced, were as follows: Capitalized Leases (g) Operating Leases Total (millions) Fiscal year 2019 $ 3 $ 325 $ 328 2020 3 315 318 2021 3 309 312 2022 3 283 286 2023 3 264 267 After 2023 31 2,758 2,789 Total minimum lease payments 46 $ 4,254 $ 4,300 Less amount representing interest 20 Present value of net minimum capitalized lease payments $ 26 (g) For purposes of the disclosure, capitalized lease is used interchangeably with finance lease.

Financing Activities (Tables)

Financing Activities (Tables)	9 Months Ended
	Nov. 02, 2019
Extinguishment of Debt [Line Items]
Detail of Debt Repayments	The following table shows the detail of debt repayments: 39 Weeks Ended November 2, 2019 November 3, 2018 (millions) 6.9% Senior debentures due 2029 $ — $ 90 4.5% Senior notes due 2034 — 80 6.7% Senior notes due 2028 — 60 6.375% Senior notes due 2037 — 43 6.7% Senior debentures due 2034 — 28 7.0% Senior debentures due 2028 — 27 6.65% Senior debentures due 2024 — 11 6.9% Senior debentures due 2032 — 5 8.5% Senior debentures due 2019 36 — 9.5% Amortizing debentures due 2021 4 4 9.75% Amortizing debentures due 2021 2 2 Capital leases and other obligations — 1 $ 42 $ 351

Benefit Plans (Tables)

Benefit Plans (Tables)	9 Months Ended
	Nov. 02, 2019
Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract]
Schedule of Costs of Retirement Plans	The defined contribution plan expense and actuarially determined components of the net periodic benefit cost (income) associated with the defined benefit plans are as follows: 13 Weeks Ended 39 Weeks Ended November 2, 2019 November 3, 2018 November 2, 2019 November 3, 2018 (millions) (millions) 401(k) Qualified Defined Contribution Plan $ 25 $ 24 $ 74 $ 71 Non-Qualified Defined Contribution Plan $ — $ — $ 2 $ 1 Pension Plan Service cost $ 2 $ 1 $ 4 $ 4 Interest cost 26 28 78 81 Expected return on assets (48 ) (51 ) (144 ) (157 ) Recognition of net actuarial loss 7 7 21 23 Amortization of prior service credit — — — — $ (13 ) $ (15 ) $ (41 ) $ (49 ) Supplementary Retirement Plan Service cost $ — $ — $ — $ — Interest cost 5 6 17 17 Recognition of net actuarial loss 2 2 6 6 Amortization of prior service cost — — — — $ 7 $ 8 $ 23 $ 23 Total Retirement Expense $ 19 $ 17 $ 58 $ 46 Postretirement Obligations Service cost $ — $ — $ — $ — Interest cost 1 1 3 3 Recognition of net actuarial gain (1 ) (2 ) (4 ) (4 ) Amortization of prior service credit — — — — $ — $ (1 ) $ (1 ) $ (1 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Nov. 02, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]
Fair Value of Assets Measured on a Recurring Basis	The following table shows the Company's financial assets that are required to be measured at fair value on a recurring basis, by level within the hierarchy as defined by applicable accounting standards: Level 1: Quoted prices in active markets for identical assets Level 2: Significant observable inputs for the assets Level 3: Significant unobservable inputs for the assets November 2, 2019 November 3, 2018 Fair Value Measurements Fair Value Measurements Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 (millions) Marketable equity and debt securities $ 92 $ 33 $ 59 $ — $ 96 $ 26 $ 70 $ —
Estimated Fair Values of Company's Long Term Debt	The following table shows the estimated fair value of the Company's long-term debt, excluding capital leases and other obligations: November 2, 2019 November 3, 2018 Notional Amount Carrying Amount Fair Value Notional Amount Carrying Amount Fair Value (millions) Long-term debt $ 4,664 $ 4,677 $ 4,716 $ 5,420 $ 5,444 $ 5,170

Condensed Consolidating Finan_2

Condensed Consolidating Financial Information (Tables)	9 Months Ended
	Nov. 02, 2019
Condensed Financial Information Disclosure [Abstract]
Condensed Consolidating Balance Sheet [Table Text Block]	Condensed Consolidating Balance Sheet As of November 2, 2019 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated ASSETS: Current Assets: Cash and cash equivalents $ 42 $ 73 $ 186 $ — $ 301 Receivables — 30 145 — 175 Merchandise inventories — 3,145 4,111 — 7,256 Income taxes 96 — — (95 ) 1 Prepaid expenses and other current assets — 126 442 — 568 Total Current Assets 138 3,374 4,884 (95 ) 8,301 Property and Equipment – net — 3,174 3,384 — 6,558 Right of Use Assets — 653 1,943 — 2,596 Goodwill — 3,326 582 — 3,908 Other Intangible Assets – net — 5 435 — 440 Other Assets — 49 695 — 744 Deferred Income Taxes 9 — — (9 ) — Intercompany Receivable 2,923 — 454 (3,377 ) — Investment in Subsidiaries 3,231 2,812 — (6,043 ) — Total Assets $ 6,301 $ 13,393 $ 12,377 $ (9,524 ) $ 22,547 LIABILITIES AND SHAREHOLDERS’ EQUITY: Current Liabilities: Short-term debt $ — $ 6 $ — $ — $ 6 Merchandise accounts payable — 1,521 1,906 — 3,427 Accounts payable and accrued liabilities 216 835 1,995 — 3,046 Income taxes — 51 44 (95 ) — Total Current Liabilities 216 2,413 3,945 (95 ) 6,479 Long-Term Debt — 4,677 — 4,677 Long-Term Lease Liabilities — 589 2,230 — 2,819 Intercompany Payable — 3,377 — (3,377 ) — Deferred Income Taxes — 654 555 (9 ) 1,200 Other Liabilities 28 377 910 — 1,315 Shareholders' Equity: Macy's, Inc. 6,057 1,306 4,737 (6,043 ) 6,057 Noncontrolling Interest — — — — — Total Shareholders' Equity 6,057 1,306 4,737 (6,043 ) 6,057 Total Liabilities and Shareholders' Equity $ 6,301 $ 13,393 $ 12,377 $ (9,524 ) $ 22,547 Condensed Consolidating Balance Sheet As of November 3, 2018 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated ASSETS: Current Assets: Cash and cash equivalents $ 426 $ 74 $ 236 $ — $ 736 Receivables 1 25 154 — 180 Merchandise inventories — 3,112 4,035 — 7,147 Income taxes 81 — — (71 ) 10 Prepaid expenses and other current assets — 139 455 — 594 Total Current Assets 508 3,350 4,880 (71 ) 8,667 Property and Equipment – net — 3,244 3,328 — 6,572 Goodwill — 3,326 582 — 3,908 Other Intangible Assets – net — 40 441 — 481 Other Assets — 39 694 — 733 Deferred Income Taxes 11 — — (11 ) — Intercompany Receivable 1,725 — 882 (2,607 ) — Investment in Subsidiaries 3,639 3,028 — (6,667 ) — Total Assets $ 5,883 $ 13,027 $ 10,807 $ (9,356 ) $ 20,361 LIABILITIES AND SHAREHOLDERS’ EQUITY: Current Liabilities: Short-term debt $ — $ 42 $ 23 $ — $ 65 Merchandise accounts payable — 1,515 1,866 — 3,381 Accounts payable and accrued liabilities 192 874 1,932 — 2,998 Income taxes — 40 31 (71 ) — Total Current Liabilities 192 2,471 3,852 (71 ) 6,444 Long-Term Debt — 5,453 16 — 5,469 Intercompany Payable — 2,607 — (2,607 ) — Deferred Income Taxes — 619 577 (11 ) 1,185 Other Liabilities 24 431 1,163 — 1,618 Shareholders' Equity: Macy's, Inc. 5,667 1,446 5,221 (6,667 ) 5,667 Noncontrolling Interest — — (22 ) — (22 ) Total Shareholders' Equity 5,667 1,446 5,199 (6,667 ) 5,645 Total Liabilities and Shareholders' Equity $ 5,883 $ 13,027 $ 10,807 $ (9,356 ) $ 20,361 Condensed Consolidating Balance Sheet As of February 2, 2019 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated ASSETS: Current Assets: Cash and cash equivalents $ 889 $ 59 $ 214 $ — $ 1,162 Receivables — 68 332 — 400 Merchandise inventories — 2,342 2,921 — 5,263 Prepaid expenses and other current assets — 143 477 — 620 Total Current Assets 889 2,612 3,944 — 7,445 Property and Equipment – net — 3,287 3,350 — 6,637 Goodwill — 3,326 582 — 3,908 Other Intangible Assets – net — 38 440 — 478 Other Assets — 41 685 — 726 Deferred Income Taxes 12 — — (12 ) — Intercompany Receivable 1,713 — 1,390 (3,103 ) — Investment in Subsidiaries 4,030 3,119 — (7,149 ) — Total Assets $ 6,644 $ 12,423 $ 10,391 $ (10,264 ) $ 19,194 LIABILITIES AND SHAREHOLDERS’ EQUITY: Current Liabilities: Short-term debt $ — $ 42 $ 1 $ — $ 43 Merchandise accounts payable — 713 942 — 1,655 Accounts payable and accrued liabilities 170 950 2,246 — 3,366 Income taxes 14 52 102 — 168 Total Current Liabilities 184 1,757 3,291 — 5,232 Long-Term Debt — 4,692 16 — 4,708 Intercompany Payable — 3,103 — (3,103 ) — Deferred Income Taxes — 679 571 (12 ) 1,238 Other Liabilities 24 406 1,150 — 1,580 Shareholders' Equity: Macy's, Inc. 6,436 1,786 5,363 (7,149 ) 6,436 Noncontrolling Interest — — — — — Total Shareholders' Equity 6,436 1,786 5,363 (7,149 ) 6,436 Total Liabilities and Shareholders' Equity $ 6,644 $ 12,423 $ 10,391 $ (10,264 ) $ 19,194
Condensed Consolidating Statement of Cash Flows [Table Text Block]	Condensed Consolidating Statement of Cash Flows For the 39 Weeks Ended November 2, 2019 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated Cash flows from operating activities: Net income (loss) $ 224 $ (422 ) $ 370 $ 52 $ 224 Impairment, restructuring and other costs — 1 15 — 16 Settlement charges — — 12 — 12 Equity in loss (earnings) of subsidiaries (212 ) 264 — (52 ) — Dividends received from subsidiaries 819 — — (819 ) — Depreciation and amortization — 251 474 — 725 Gains on sale of real estate — (32 ) (35 ) — (67 ) Changes in assets, liabilities and other items not separately identified (99 ) (139 ) (500 ) — (738 ) Net cash provided (used) by operating activities 732 (77 ) 336 (819 ) 172 Cash flows from investing activities: Purchase of property and equipment and capitalized software, net of dispositions — (179 ) (560 ) — (739 ) Other, net — (2 ) 12 — 10 Net cash used by investing activities — (181 ) (548 ) — (729 ) Cash flows from financing activities: Debt repaid, including debt issuance costs — (45 ) — — (45 ) Dividends paid (349 ) — (819 ) 819 (349 ) Issuance of common stock, net of common stock acquired 5 — — — 5 Intercompany activity, net (1,161 ) 239 922 — — Other, net (74 ) 73 50 — 49 Net cash provided (used) by financing activities (1,579 ) 267 153 819 (340 ) Net increase (decrease) in cash, cash equivalents and restricted cash (847 ) 9 (59 ) — (897 ) Cash, cash equivalents and restricted cash at beginning of period 889 64 295 — 1,248 Cash, cash equivalents and restricted cash at end of period $ 42 $ 73 $ 236 $ — $ 351 Condensed Consolidating Statement of Cash Flows For the 39 Weeks Ended November 3, 2018 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated Cash flows from operating activities: Net income (loss) $ 368 $ (289 ) $ 692 $ (413 ) $ 358 Impairment, restructuring and other costs — — 39 — 39 Settlement charges 5 24 44 — 73 Equity in earnings of subsidiaries (362 ) (51 ) — 413 — Dividends received from subsidiaries 689 — — (689 ) — Depreciation and amortization — 250 468 — 718 Gains on sale of real estate — (83 ) (28 ) — (111 ) Changes in assets, liabilities and other items not separately identified (191 ) 115 (571 ) (1 ) (648 ) Net cash provided (used) by operating activities 509 (34 ) 644 (690 ) 429 Cash flows from investing activities: Purchase of property and equipment and capitalized software, net of dispositions — (98 ) (458 ) — (556 ) Other, net — (15 ) (29 ) 51 7 Net cash used by investing activities — (113 ) (487 ) 51 (549 ) Cash flows from financing activities: Debt repaid — (310 ) (1 ) (50 ) (361 ) Dividends paid (347 ) — (689 ) 689 (347 ) Issuance of common stock 41 — — — 41 Proceeds from noncontrolling interest — — 7 — 7 Intercompany activity, net (803 ) 378 425 — — Other, net (83 ) 74 53 — 44 Net cash provided (used) by financing activities (1,192 ) 142 (205 ) 639 (616 ) Net decrease in cash, cash equivalents and restricted cash (683 ) (5 ) (48 ) — (736 ) Cash, cash equivalents and restricted cash at beginning of period 1,109 79 325 — 1,513 Cash, cash equivalents and restricted cash at end of period $ 426 $ 74 $ 277 $ — $ 777
Condensed Consolidating Statement of Comprehensive Income [Table Text Block]	Condensed Consolidating Statement of Comprehensive Income For the 13 Weeks Ended November 2, 2019 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 2,044 $ 5,245 $ (2,116 ) $ 5,173 Credit card revenues (expense), net — (2 ) 185 — 183 Cost of sales — (1,230 ) (3,992 ) 2,116 (3,106 ) Selling, general and administrative expenses — (870 ) (1,332 ) — (2,202 ) Gains on sale of real estate — 8 9 — 17 Restructuring and other costs — (1 ) (12 ) — (13 ) Operating income (loss) — (51 ) 103 — 52 Benefit plan income, net — 3 5 — 8 Settlement charges — — (12 ) — (12 ) Interest (expense) income, net: External 3 (52 ) 1 — (48 ) Intercompany — (18 ) 18 — — Equity in loss of subsidiaries (3 ) (125 ) — 128 — Income (loss) before income taxes — (243 ) 115 128 — Federal, state and local income 2 30 (30 ) — 2 Net income (loss) 2 (213 ) 85 128 2 Net loss attributable to noncontrolling interest — — — — — Net income (loss) attributable to $ 2 $ (213 ) $ 85 $ 128 $ 2 Comprehensive income (loss) $ (35 ) $ (249 ) $ 65 $ 184 $ (35 ) Comprehensive loss attributable to — — — — — Comprehensive income (loss) attributable to $ (35 ) $ (249 ) $ 65 $ 184 $ (35 ) Condensed Consolidating Statement of Comprehensive Income For the 13 Weeks Ended November 3, 2018 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 2,030 $ 6,185 $ (2,811 ) $ 5,404 Credit card revenues, net — — 185 — 185 Cost of sales — (1,266 ) (4,771 ) 2,811 (3,226 ) Selling, general and administrative expenses — (883 ) (1,372 ) — (2,255 ) Gains on sale of real estate — 41 1 — 42 Restructuring and other costs — — (3 ) — (3 ) Operating income (loss) — (78 ) 225 — 147 Benefit plan income, net — 3 6 — 9 Settlement charges — (8 ) (15 ) — (23 ) Interest (expense) income, net: External 4 (64 ) 1 — (59 ) Intercompany — (18 ) 18 — — Equity in earnings (loss) of subsidiaries 59 (58 ) — (1 ) — Income (loss) before income taxes 63 (223 ) 235 (1 ) 74 Federal, state and local income (1 ) 57 (68 ) — (12 ) Net income (loss) 62 (166 ) 167 (1 ) 62 Net loss attributable to noncontrolling interest — — — — — Net income (loss) attributable to $ 62 $ (166 ) $ 167 $ (1 ) $ 62 Comprehensive income (loss) $ (37 ) $ (257 ) $ 106 $ 151 $ (37 ) Comprehensive loss attributable to — — — — — Comprehensive income (loss) attributable to $ (37 ) $ (257 ) $ 106 $ 151 $ (37 ) Condensed Consolidating Statement of Comprehensive Income For the 39 Weeks Ended November 2, 2019 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 6,418 $ 14,428 $ (4,623 ) $ 16,223 Credit card revenues (expense), net — (8 ) 539 — 531 Cost of sales — (3,913 ) (10,615 ) 4,623 (9,905 ) Selling, general and administrative expenses 1 (2,544 ) (3,946 ) — (6,489 ) Gains on sale of real estate — 32 35 — 67 Impairment, restructuring and other costs — (1 ) (15 ) — (16 ) Operating income (loss) 1 (16 ) 426 — 411 Benefit plan income, net — 9 14 — 23 Settlement charges — — (12 ) — (12 ) Interest (expense) income, net: External 11 (157 ) 3 — (143 ) Intercompany — (55 ) 55 — — Equity in earnings (loss) of subsidiaries 212 (264 ) — 52 — Income (loss) before income taxes 224 (483 ) 486 52 279 Federal, state and local income — 61 (116 ) — (55 ) Net income (loss) 224 (422 ) 370 52 224 Net loss attributable to noncontrolling interest — — — — — Net income (loss) attributable to $ 224 $ (422 ) $ 370 $ 52 $ 224 Comprehensive income (loss) $ 198 $ (448 ) $ 358 $ 90 $ 198 Comprehensive loss attributable to — — — — — Comprehensive income (loss) attributable to $ 198 $ (448 ) $ 358 $ 90 $ 198 Condensed Consolidating Statement of Comprehensive Income For the 39 Weeks Ended November 3, 2018 (millions) Parent Subsidiary Issuer Other Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 6,110 $ 16,462 $ (6,056 ) $ 16,516 Credit card revenues (expense), net — (3 ) 531 — 528 Cost of sales — (3,857 ) (12,126 ) 6,056 (9,927 ) Selling, general and administrative expenses — (2,522 ) (3,979 ) — (6,501 ) Gains on sale of real estate — 83 28 — 111 Impairment, restructuring and other costs — — (39 ) — (39 ) Operating income (loss) — (189 ) 877 — 688 Benefit plan income, net — 12 19 — 31 Settlement charges (5 ) (24 ) (44 ) — (73 ) Interest (expense) income, net: External 13 (203 ) 3 — (187 ) Intercompany — (54 ) 54 — — Losses on early retirement of debt — (5 ) — — (5 ) Equity in earnings of subsidiaries 362 51 — (413 ) — Income (loss) before income taxes 370 (412 ) 909 (413 ) 454 Federal, state and local income (2 ) 123 (217 ) — (96 ) Net income (loss) 368 (289 ) 692 (413 ) 358 Net loss attributable to noncontrolling interest — — 10 — 10 Net income (loss) attributable to $ 368 $ (289 ) $ 702 $ (413 ) $ 368 Comprehensive income (loss) $ 296 $ (357 ) $ 646 $ (299 ) $ 286 Comprehensive loss attributable to — — 10 — 10 Comprehensive income (loss) attributable to $ 296 $ (357 ) $ 656 $ (299 ) $ 296

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Narrative) (Details) $ in Millions	Nov. 02, 2019	Feb. 03, 2019USD ($)
Number of states in which entity operates	43
Increase of Net Right of Use Asset		$ 2,519
Increase in Net Lease Liability		2,728
Cumulative Effect of New Accounting Principle, Before Tax Impact, in Period of Adoption		209
Cumulative Effect of New Accounting Principle, Tax Impact, in Period of Adoption		$ 54

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares shares in Millions	9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	19.4	12.7
Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1.9	1.4

Earnings Per Share (Computation

Earnings Per Share (Computation Of Basic and Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018
Earnings Per Share [Abstract]
Net income (loss) attributable to Macy's, Inc. shareholders	$ 2	$ 62	$ 224	$ 368
Net Income (Loss) Available to Common Stockholders, Basic	2	62	224	368
Net Income (Loss) Available to Common Stockholders, Diluted	$ 2	$ 62	$ 224	$ 368
Basic earnings per share attributable to Macy's, Inc. shareholders	$ 0.01	$ 0.20	$ 0.72	$ 1.20
Diluted earnings per share attributable to Macy's, Inc. shareholders	$ 0.01	$ 0.20	$ 0.72	$ 1.18
Weighted Average Number of Shares Issued, Basic	308.9	307.2	308.7	306.6
Shares to be issued under deferred compensation and other plans	1	0.9	0.9	0.9
Average number of shares outstanding, basic	309.9	308.1	309.6	307.5
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	1.1	4.1	1.7	3.7
Average number of shares outstanding, diluted	311	312.2	311.3	311.2

Revenue (Details)

Revenue (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018	Feb. 02, 2019
Net sales	$ 5,173	$ 5,404	$ 16,223	$ 16,516
Contract with Customer, Liability, Current	$ 705	$ 723	$ 705	$ 723	$ 856
Macy's sales to total Company sales	87.00%	88.00%	88.00%	88.00%
Contract with Customer, Refund Liability	$ 245	$ 265	$ 245	$ 265	269
Contract with Customer, Right to Recover Product	164	180	164	180	$ 188
Women's Accessories, Intimate Apparel, Shoes and Cosmetics [Member]
Net sales	1,960	2,008	6,152	6,188
Women's Apparel [Member]
Net sales	1,197	1,268	3,779	3,940
Men's and Children's [Member]
Net sales	1,195	1,244	3,663	3,692
Home and Miscellaneous [Member]
Net sales	821	884	2,629	2,696
Total Sales - All Categories [Member]
Net sales	$ 5,173	$ 5,404	$ 16,223	$ 16,516

Leases (Details)

Leases (Details) $ in Millions	9 Months Ended
	Nov. 02, 2019USD ($)
Leases [Abstract]
Finance Lease, Weighted Average Remaining Lease Term	17 years 10 months 24 days
Operating Lease, Weighted Average Remaining Lease Term	23 years 7 months 6 days
Finance Lease, Weighted Average Discount Rate, Percent	6.64%
Operating Lease, Weighted Average Discount Rate, Percent	6.70%
Operating Lease, Payments	$ 272
Finance Lease, Interest Payment on Liability	2
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 48

Leases - Right of Use Assets a

Leases - Right of Use Assets and Lease Liabilities (Details) - USD ($) $ in Millions	Nov. 02, 2019	Feb. 02, 2019	Nov. 03, 2018
Lease Assets [Abstract]
Finance Lease, Right-of-Use Asset	$ 11
Operating Lease, Right-of-Use Asset	2,585
Right of Use Assets	2,596	$ 0	$ 0
Lease Liabilities, Current [Abstract]
Finance Lease, Liability, Current	1
Operating Lease, Liability, Current	313
Lease Liabilities, Noncurrent [Abstract]
Finance Lease, Liability, Noncurrent	24
Operating Lease, Liability, Noncurrent	2,795
Total Lease Liability	3,133
Accumulated Amortization, Finance Leases	12
Operating Lease Asset, Non-Lease Component	394
Operating Lease Liability, Non-Lease Component, Current	34
Operating Lease Liability, Non-Lease Component, Non-Current	$ 367

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Nov. 02, 2019	Nov. 02, 2019
Leases [Abstract]
Operating Lease, Expense, Non-Lease Component	$ 20	$ 61
Variable Lease, Cost	3	10
Operating Lease, Expense	106	319
Sublease Income	(1)	(2)
Net lease expense	$ 105	$ 317

Leases Maturity of Lease Liabil

Leases Maturity of Lease Liabilities (Details) $ in Millions	Nov. 02, 2019USD ($)
Finance Lease, Liability, Payment, Due [Abstract]
2019	$ 1
2020	3
2021	3
2022	3
2023	3
After 2023	31
Total lease payments, Finance	44
Less amount representing interest, finance	19
Finance Lease, Liability	25
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2019	90
2020	334
2021	335
2022	313
2023	308
After 2023	5,384
Total lease payments, operating	6,764
Less amount representing interest, operating	3,656
Operating Lease, Liability	3,108
Total Lease Liabilities, Payments Due [Abstract]
2019	91
2020	337
2021	338
2022	316
2023	311
After 2023	5,415
Total lease payments, finance and operating	6,808
Less amount representing interest, finance and operating	3,675
Total Lease Liability	3,133
Lessee, Finance Lease, Option to Extend, Reasonably Certain	12
Lessee, Operating Lease, Option to Extend, Reasonably Certain	3,272
Lessee, Operating Lease, Lease Not Yet Commenced	965
Operating Lease, Payment, Non-Lease Component	1,159
Operating Lease, Payment, Non-Lease Component, Option to Extend, Reasonably Certain	$ 841

Leases - Prior Period DIsclosur

Leases - Prior Period DIsclosure: Minimum Rental Commitments Excluding Executory Costs for Noncancellable Leases (Details) $ in Millions	Feb. 02, 2019USD ($)
Leases, Capital [Abstract]
2019, Capitalized Leases	$ 3
2020, Capitalized Leases	3
2021, Capitalized Leases	3
2022, Capitalized Leases	3
2023, Capitalized Leases	3
After 2023, Capitalized Leases	31
Total minimum lease payments, Capitalized Leases	46
Less amount representing interest	20
Present value of net minimum capitalized lease payments	26
Leases, Operating [Abstract]
2019, Operating Leases	325
2020, Operating Leases	315
2021, Operating Leases	309
2022, Operating Leases	283
2023, Operating Leases	264
After 2023, Operating Leases	2,758
Total minimum lease payments, Operating Leases	4,254
Leases [Abstract]
2019, Total	328
2020, Total	318
2021, Total	312
2022, Total	286
2023, Total	267
After 2023, Total	2,789
Total minimum lease payments	$ 4,300

Financing Activities (Details)

Financing Activities (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018	May 09, 2019
Extinguishment of debt					$ 344
Extinguishment of debt cost			$ 354		354
Loss on early retirement of debt		$ 0	$ 0	$ 0	$ (5)
Subsequent Event [Member]
Extinguishment of debt	$ 450
Minimum [Member]
Line of Credit Facility, Current Borrowing Capacity						$ 1,500
Minimum [Member] | Subsequent Event [Member]
Debt Instrument, Interest Rate, Stated Percentage	2.875%
Maximum [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 1,750
Maximum [Member] | Subsequent Event [Member]
Debt Instrument, Interest Rate, Stated Percentage	7.00%

Financing Activities (Detail Of

Financing Activities (Detail Of Debt Repayments) (Details) - USD ($) $ in Millions	9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018
Extinguishment of debt		$ 344
Repayments of Debt	$ 42	351
8.5% Senior Debentures due 2019 [Member]
Extinguishment of debt	36	0
6.9% Senior debentures due 2029 [Member]
Extinguishment of debt	0	90
4.5% Senior notes due 2034 [Member]
Extinguishment of debt	0	80
6.7% Senior notes due 2028 [Member]
Extinguishment of debt	0	60
6.375% Senior notes due 2037 [Member]
Extinguishment of debt	0	43
6.7% Senior debentures due 2034 [Member]
Extinguishment of debt	0	28
7.0% Senior debentures due 2028 [Member]
Extinguishment of debt	0	27
6.65% Senior debentures due 2024 [Member]
Extinguishment of debt	0	11
6.9% Senior debentures due 2032 [Member]
Extinguishment of debt	0	5
9.5% Amortizing debentures due 2021 [Member]
Extinguishment of debt	4	4
9.75% Amortizing debentures due 2021 [Member]
Extinguishment of debt	2	2
Capital Lease and Other Long-Term Obligations [Member]
Extinguishment of debt	$ 0	$ 1

Benefit Plans (Net Periodic Ben

Benefit Plans (Net Periodic Benefit Cost) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018
Total Retirement Expense	$ 19	$ 17	$ 58	$ 46
Settlement charges	12	23	12	73
Nonqualified Plan [Member]
Defined contribution plans expense	0	0	2	1
Qualified Plan [Member]
Defined contribution plans expense	25	24	74	71
Pension Plan [Member]
Service cost	2	1	4	4
Interest cost	26	28	78	81
Expected return on assets	(48)	(51)	(144)	(157)
Recognition of net actuarial (gain) loss	7	7	21	23
Amortization of prior service credit	0	0	0	0
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)	(13)	(15)	(41)	(49)
Supplemental Employee Retirement Plan [Member]
Service cost	0	0	0	0
Interest cost	5	6	17	17
Recognition of net actuarial (gain) loss	2	2	6	6
Amortization of prior service credit	0	0	0	0
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)	7	8	23	23
Other Postretirement Benefits Plan [Member]
Service cost	0	0	0	0
Interest cost	1	1	3	3
Recognition of net actuarial (gain) loss	(1)	(2)	(4)	(4)
Amortization of prior service credit	0	0	0	0
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)	$ 0	$ (1)	$ (1)	$ (1)

Fair Value Measurements (Financ

Fair Value Measurements (Financial Assets Measured At Fair Value On A Recurring and Nonrecurring Basis) (Details) - USD ($) $ in Millions	Nov. 02, 2019	Nov. 03, 2018
Marketable equity and debt securities	$ 92	$ 96
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Marketable equity and debt securities	33	26
Significant Observable Inputs (Level 2) [Member]
Marketable equity and debt securities	59	70
Significant Unobservable Inputs (Level 3) [Member]
Marketable equity and debt securities	$ 0	$ 0

Fair Value Measurements (Estima

Fair Value Measurements (Estimated Fair Value Of Company Long Term Debt) (Details) - USD ($) $ in Millions	Nov. 02, 2019	Nov. 03, 2018
Long-term debt	$ 4,716	$ 5,170
Carrying Amount
Long-term debt	4,677	5,444
Notional Amount
Long-term debt	$ 4,664	$ 5,420

Condensed Consolidating Finan_3

Condensed Consolidating Financial Information (Condensed Consolidating Statement of Operations) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018
Net sales	$ 5,173	$ 5,404	$ 16,223	$ 16,516
Credit card revenues, net	183	185	531	528
Cost of sales	(3,106)	(3,226)	(9,905)	(9,927)
Selling, general and administrative expenses	(2,202)	(2,255)	(6,489)	(6,501)
Gains on sale of real estate	17	42	67	111
Impairment, restructuring and other costs	(13)	(3)	(16)	(39)
Operating income (loss)	52	147	411	688
Benefit plan income, net	8	9	23	31
Settlement charges	(12)	(23)	(12)	(73)
Interest (expense) income, net
External	(48)	(59)	(143)	(187)
Interest Expense, Other	0	0	0	0
Loss on early retirement of debt	0	0	0	(5)
Income (Loss) from Equity Method Investments	0	0	0	0
Income (loss) before income taxes	0	74	279	454
Federal, state and local income tax benefit (expense)	2	(12)	(55)	(96)
Net income (loss)	2	62	224	358
Net loss attributable to noncontrolling interest	0	0	0	10
Net income (loss) attributable to Macy's, Inc. shareholders	2	62	224	368
Comprehensive Income, Net of Tax, Including Portion Attributable to Noncontrolling Interest	(35)	(37)	198	286
Comprehensive loss attributable to noncontrolling interest	0	0	0	10
Comprehensive income (loss) attributable to Macy's, Inc. shareholders	(35)	(37)	198	296
Parent
Net sales	0	0	0	0
Credit card revenues, net	0	0	0	0
Cost of sales	0	0	0	0
Selling, general and administrative expenses	0	0	1	0
Gains on sale of real estate	0	0	0	0
Impairment, restructuring and other costs	0	0	0	0
Operating income (loss)	0	0	1	0
Benefit plan income, net	0	0	0	0
Settlement charges	0	0	0	(5)
Interest (expense) income, net
External	3	4	11	13
Interest Expense, Other	0	0	0	0
Loss on early retirement of debt				0
Income (Loss) from Equity Method Investments	(3)	59	212	362
Income (loss) before income taxes	0	63	224	370
Federal, state and local income tax benefit (expense)	2	(1)	0	(2)
Net income (loss)	2	62	224	368
Net loss attributable to noncontrolling interest	0	0	0	0
Net income (loss) attributable to Macy's, Inc. shareholders	2	62	224	368
Comprehensive Income, Net of Tax, Including Portion Attributable to Noncontrolling Interest	(35)	(37)	198	296
Comprehensive loss attributable to noncontrolling interest	0	0	0	0
Comprehensive income (loss) attributable to Macy's, Inc. shareholders	(35)	(37)	198	296
Subsidiary Issuer
Net sales	2,044	2,030	6,418	6,110
Credit card revenues, net	(2)	0	(8)	(3)
Cost of sales	(1,230)	(1,266)	(3,913)	(3,857)
Selling, general and administrative expenses	(870)	(883)	(2,544)	(2,522)
Gains on sale of real estate	8	41	32	83
Impairment, restructuring and other costs	(1)	0	(1)	0
Operating income (loss)	(51)	(78)	(16)	(189)
Benefit plan income, net	3	3	9	12
Settlement charges	0	(8)	0	(24)
Interest (expense) income, net
External	(52)	(64)	(157)	(203)
Interest Expense, Other	(18)	(18)	(55)	(54)
Loss on early retirement of debt				(5)
Income (Loss) from Equity Method Investments	(125)	(58)	(264)	51
Income (loss) before income taxes	(243)	(223)	(483)	(412)
Federal, state and local income tax benefit (expense)	30	57	61	123
Net income (loss)	(213)	(166)	(422)	(289)
Net loss attributable to noncontrolling interest	0	0	0	0
Net income (loss) attributable to Macy's, Inc. shareholders	(213)	(166)	(422)	(289)
Comprehensive Income, Net of Tax, Including Portion Attributable to Noncontrolling Interest	(249)	(257)	(448)	(357)
Comprehensive loss attributable to noncontrolling interest	0	0	0	0
Comprehensive income (loss) attributable to Macy's, Inc. shareholders	(249)	(257)	(448)	(357)
Other Subsidiaries
Net sales	5,245	6,185	14,428	16,462
Credit card revenues, net	185	185	539	531
Cost of sales	(3,992)	(4,771)	(10,615)	(12,126)
Selling, general and administrative expenses	(1,332)	(1,372)	(3,946)	(3,979)
Gains on sale of real estate	9	1	35	28
Impairment, restructuring and other costs	(12)	(3)	(15)	(39)
Operating income (loss)	103	225	426	877
Benefit plan income, net	5	6	14	19
Settlement charges	(12)	(15)	(12)	(44)
Interest (expense) income, net
External	1	1	3	3
Interest Expense, Other	18	18	55	54
Loss on early retirement of debt				0
Income (Loss) from Equity Method Investments	0	0	0	0
Income (loss) before income taxes	115	235	486	909
Federal, state and local income tax benefit (expense)	(30)	(68)	(116)	(217)
Net income (loss)	85	167	370	692
Net loss attributable to noncontrolling interest	0	0	0	10
Net income (loss) attributable to Macy's, Inc. shareholders	85	167	370	702
Comprehensive Income, Net of Tax, Including Portion Attributable to Noncontrolling Interest	65	106	358	646
Comprehensive loss attributable to noncontrolling interest	0	0	0	10
Comprehensive income (loss) attributable to Macy's, Inc. shareholders	65	106	358	656
Consolidation, Eliminations [Member]
Net sales	(2,116)	(2,811)	(4,623)	(6,056)
Credit card revenues, net	0	0	0	0
Cost of sales	2,116	2,811	4,623	6,056
Selling, general and administrative expenses	0	0	0	0
Gains on sale of real estate	0	0	0	0
Impairment, restructuring and other costs	0	0	0	0
Operating income (loss)	0	0	0	0
Benefit plan income, net	0	0	0	0
Settlement charges	0	0	0	0
Interest (expense) income, net
External	0	0	0	0
Interest Expense, Other	0	0	0	0
Loss on early retirement of debt				0
Income (Loss) from Equity Method Investments	128	(1)	52	(413)
Income (loss) before income taxes	128	(1)	52	(413)
Federal, state and local income tax benefit (expense)	0	0	0	0
Net income (loss)	128	(1)	52	(413)
Net loss attributable to noncontrolling interest	0	0	0	0
Net income (loss) attributable to Macy's, Inc. shareholders	128	(1)	52	(413)
Comprehensive Income, Net of Tax, Including Portion Attributable to Noncontrolling Interest	184	151	90	(299)
Comprehensive loss attributable to noncontrolling interest	0	0	0	0
Comprehensive income (loss) attributable to Macy's, Inc. shareholders	$ 184	$ 151	$ 90	$ (299)

Condensed Consolidating Finan_4

Condensed Consolidating Financial Information (Condensed Consolidating Balance Sheet) (Details) - USD ($) $ in Millions	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 03, 2018
Current Assets:
Cash and cash equivalents	$ 301			$ 1,162	$ 736
Receivables	175			400	180
Merchandise inventories	7,256			5,263	7,147
Prepaid expenses and other current assets	568			620	594
Income tax receivable	1			0	10
Total Current Assets	8,301			7,445	8,667
Property and Equipment - net	6,558			6,637	6,572
Right of Use Assets	2,596			0	0
Goodwill	3,908			3,908	3,908
Other Intangible Assets - net	440			478	481
Other Assets	744			726	733
Deferred Income Taxes	0			0	0
Intercompany Receivable	0			0	0
Investment in Subsidiaries	0			0	0
Total Assets	22,547			19,194	20,361
Current Liabilities:
Short-term debt	6			43	65
Merchandise accounts payable	3,427			1,655	3,381
Accounts payable and accrued liabilities	3,046			3,366	2,998
Income taxes	0			168	0
Total Current Liabilities	6,479			5,232	6,444
Long-Term Debt	4,677			4,708	5,469
Long-Term Lease Liabilities	2,819			0	0
Intercompany Payable	0			0	0
Deferred Income Taxes	1,200			1,238	1,185
Other Liabilities	1,315			1,580	1,618
Shareholders' Equity, Macy's, Inc.	6,057			6,436	5,667
Shareholders' Equity, noncontrolling interest	0			0	(22)
Total Shareholders’ Equity	6,057	$ 6,315	$ 6,323	6,436	5,645	$ 5,894	$ 5,801	$ 5,733
Total Liabilities and Shareholders' Equity	22,547			19,194	20,361
Parent
Current Assets:
Cash and cash equivalents	42			889	426
Receivables	0			0	1
Merchandise inventories	0			0	0
Prepaid expenses and other current assets	0			0	0
Income tax receivable	96				81
Total Current Assets	138			889	508
Property and Equipment - net	0			0	0
Right of Use Assets	0
Goodwill	0			0	0
Other Intangible Assets - net	0			0	0
Other Assets	0			0	0
Deferred Income Taxes	9			12	11
Intercompany Receivable	2,923			1,713	1,725
Investment in Subsidiaries	3,231			4,030	3,639
Total Assets	6,301			6,644	5,883
Current Liabilities:
Short-term debt	0			0	0
Merchandise accounts payable	0			0	0
Accounts payable and accrued liabilities	216			170	192
Income taxes	0			14	0
Total Current Liabilities	216			184	192
Long-Term Debt	0			0	0
Long-Term Lease Liabilities	0
Intercompany Payable	0			0	0
Deferred Income Taxes	0			0	0
Other Liabilities	28			24	24
Shareholders' Equity, Macy's, Inc.	6,057			6,436	5,667
Shareholders' Equity, noncontrolling interest	0			0	0
Total Shareholders’ Equity	6,057			6,436	5,667
Total Liabilities and Shareholders' Equity	6,301			6,644	5,883
Subsidiary Issuer
Current Assets:
Cash and cash equivalents	73			59	74
Receivables	30			68	25
Merchandise inventories	3,145			2,342	3,112
Prepaid expenses and other current assets	126			143	139
Income tax receivable	0				0
Total Current Assets	3,374			2,612	3,350
Property and Equipment - net	3,174			3,287	3,244
Right of Use Assets	653
Goodwill	3,326			3,326	3,326
Other Intangible Assets - net	5			38	40
Other Assets	49			41	39
Deferred Income Taxes	0			0	0
Intercompany Receivable	0			0	0
Investment in Subsidiaries	2,812			3,119	3,028
Total Assets	13,393			12,423	13,027
Current Liabilities:
Short-term debt	6			42	42
Merchandise accounts payable	1,521			713	1,515
Accounts payable and accrued liabilities	835			950	874
Income taxes	51			52	40
Total Current Liabilities	2,413			1,757	2,471
Long-Term Debt	4,677			4,692	5,453
Long-Term Lease Liabilities	589
Intercompany Payable	3,377			3,103	2,607
Deferred Income Taxes	654			679	619
Other Liabilities	377			406	431
Shareholders' Equity, Macy's, Inc.	1,306			1,786	1,446
Shareholders' Equity, noncontrolling interest	0			0	0
Total Shareholders’ Equity	1,306			1,786	1,446
Total Liabilities and Shareholders' Equity	13,393			12,423	13,027
Other Subsidiaries
Current Assets:
Cash and cash equivalents	186			214	236
Receivables	145			332	154
Merchandise inventories	4,111			2,921	4,035
Prepaid expenses and other current assets	442			477	455
Income tax receivable	0				0
Total Current Assets	4,884			3,944	4,880
Property and Equipment - net	3,384			3,350	3,328
Right of Use Assets	1,943
Goodwill	582			582	582
Other Intangible Assets - net	435			440	441
Other Assets	695			685	694
Deferred Income Taxes	0			0	0
Intercompany Receivable	454			1,390	882
Investment in Subsidiaries	0			0	0
Total Assets	12,377			10,391	10,807
Current Liabilities:
Short-term debt	0			1	23
Merchandise accounts payable	1,906			942	1,866
Accounts payable and accrued liabilities	1,995			2,246	1,932
Income taxes	44			102	31
Total Current Liabilities	3,945			3,291	3,852
Long-Term Debt	0			16	16
Long-Term Lease Liabilities	2,230
Intercompany Payable	0			0	0
Deferred Income Taxes	555			571	577
Other Liabilities	910			1,150	1,163
Shareholders' Equity, Macy's, Inc.	4,737			5,363	5,221
Shareholders' Equity, noncontrolling interest	0			0	(22)
Total Shareholders’ Equity	4,737			5,363	5,199
Total Liabilities and Shareholders' Equity	12,377			10,391	10,807
Consolidation, Eliminations [Member]
Current Assets:
Cash and cash equivalents	0			0	0
Receivables	0			0	0
Merchandise inventories	0			0	0
Prepaid expenses and other current assets	0			0	0
Income tax receivable	(95)				(71)
Total Current Assets	(95)			0	(71)
Property and Equipment - net	0			0	0
Right of Use Assets	0
Goodwill	0			0	0
Other Intangible Assets - net	0			0	0
Other Assets	0			0	0
Deferred Income Taxes	(9)			(12)	(11)
Intercompany Receivable	(3,377)			(3,103)	(2,607)
Investment in Subsidiaries	(6,043)			(7,149)	(6,667)
Total Assets	(9,524)			(10,264)	(9,356)
Current Liabilities:
Short-term debt	0			0	0
Merchandise accounts payable	0			0	0
Accounts payable and accrued liabilities	0			0	0
Income taxes	(95)			0	(71)
Total Current Liabilities	(95)			0	(71)
Long-Term Debt				0	0
Long-Term Lease Liabilities	0
Intercompany Payable	(3,377)			(3,103)	(2,607)
Deferred Income Taxes	(9)			(12)	(11)
Other Liabilities	0			0	0
Shareholders' Equity, Macy's, Inc.	(6,043)			(7,149)	(6,667)
Shareholders' Equity, noncontrolling interest	0			0	0
Total Shareholders’ Equity	(6,043)			(7,149)	(6,667)
Total Liabilities and Shareholders' Equity	$ (9,524)			$ (10,264)	$ (9,356)

Condensed Consolidating Finan_5

Condensed Consolidating Financial Information (Condensed Consolidating Statement of Cash Flows) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018
Cash flows from operating activities:
Net income (loss)	$ 2	$ 62	$ 224	$ 358
Impairment, restructuring and other costs	13	3	16	39
Settlement charges	12	23	12	73
Equity in loss (earnings) of subsidiaries	0	0	0	0
Dividends received from subsidiaries			0	0
Depreciation and amortization			725	718
Gains on sale of real estate	(17)	(42)	(67)	(111)
Change in assets, liabilities and other items not separately identified			(738)	(648)
Net cash provided by operating activities			172	429
Cash flows from investing activities:
Purchase of property and equipment and capitalized software, net of dispositions			(739)	(556)
Other, net			10	7
Net cash used by investing activities			(729)	(549)
Cash flows from financing activities:
Debt repaid			(42)	(361)
Debt repaid, including debt issuance costs			(45)
Dividends paid			(349)	(347)
Issuance of common stock, net of common stock acquired			5
Issuance or common stock			6	41
Proceeds from noncontrolling interest			0	7
Intercompany activity, net			0	0
Other, net			49	44
Net cash provided (used) by financing activities			(340)	(616)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect			(897)	(736)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning of period			1,248	1,513
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, end of period	351	777	351	777
Parent
Cash flows from operating activities:
Net income (loss)	2	62	224	368
Impairment, restructuring and other costs	0	0	0	0
Settlement charges	0	0	0	5
Equity in loss (earnings) of subsidiaries	3	(59)	(212)	(362)
Dividends received from subsidiaries			819	689
Depreciation and amortization			0	0
Gains on sale of real estate	0	0	0	0
Change in assets, liabilities and other items not separately identified			(99)	(191)
Net cash provided by operating activities			732	509
Cash flows from investing activities:
Purchase of property and equipment and capitalized software, net of dispositions			0	0
Other, net			0	0
Net cash used by investing activities			0	0
Cash flows from financing activities:
Debt repaid				0
Debt repaid, including debt issuance costs			0
Dividends paid			(349)	(347)
Issuance of common stock, net of common stock acquired			5
Issuance or common stock				41
Proceeds from noncontrolling interest				0
Intercompany activity, net			(1,161)	(803)
Other, net			(74)	(83)
Net cash provided (used) by financing activities			(1,579)	(1,192)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect			(847)	(683)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning of period			889	1,109
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, end of period	42	426	42	426
Subsidiary Issuer
Cash flows from operating activities:
Net income (loss)	(213)	(166)	(422)	(289)
Impairment, restructuring and other costs	1	0	1	0
Settlement charges	0	8	0	24
Equity in loss (earnings) of subsidiaries	125	58	264	(51)
Dividends received from subsidiaries			0	0
Depreciation and amortization			251	250
Gains on sale of real estate	(8)	(41)	(32)	(83)
Change in assets, liabilities and other items not separately identified			(139)	115
Net cash provided by operating activities			(77)	(34)
Cash flows from investing activities:
Purchase of property and equipment and capitalized software, net of dispositions			(179)	(98)
Other, net			(2)	(15)
Net cash used by investing activities			(181)	(113)
Cash flows from financing activities:
Debt repaid				(310)
Debt repaid, including debt issuance costs			(45)
Dividends paid			0	0
Issuance of common stock, net of common stock acquired			0
Issuance or common stock				0
Proceeds from noncontrolling interest				0
Intercompany activity, net			239	378
Other, net			73	74
Net cash provided (used) by financing activities			267	142
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect			9	(5)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning of period			64	79
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, end of period	73	74	73	74
Other Subsidiaries
Cash flows from operating activities:
Net income (loss)	85	167	370	692
Impairment, restructuring and other costs	12	3	15	39
Settlement charges	12	15	12	44
Equity in loss (earnings) of subsidiaries	0	0	0	0
Dividends received from subsidiaries			0	0
Depreciation and amortization			474	468
Gains on sale of real estate	(9)	(1)	(35)	(28)
Change in assets, liabilities and other items not separately identified			(500)	(571)
Net cash provided by operating activities			336	644
Cash flows from investing activities:
Purchase of property and equipment and capitalized software, net of dispositions			(560)	(458)
Other, net			12	(29)
Net cash used by investing activities			(548)	(487)
Cash flows from financing activities:
Debt repaid				(1)
Debt repaid, including debt issuance costs			0
Dividends paid			(819)	(689)
Issuance of common stock, net of common stock acquired			0
Issuance or common stock				0
Proceeds from noncontrolling interest				7
Intercompany activity, net			922	425
Other, net			50	53
Net cash provided (used) by financing activities			153	(205)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect			(59)	(48)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning of period			295	325
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, end of period	236	277	236	277
Consolidating Adjustments
Cash flows from operating activities:
Net income (loss)	128	(1)	52	(413)
Impairment, restructuring and other costs	0	0	0	0
Settlement charges	0	0	0	0
Equity in loss (earnings) of subsidiaries	(128)	1	(52)	413
Dividends received from subsidiaries			(819)	(689)
Depreciation and amortization			0	0
Gains on sale of real estate	0	0	0	0
Change in assets, liabilities and other items not separately identified			0	(1)
Net cash provided by operating activities			(819)	(690)
Cash flows from investing activities:
Purchase of property and equipment and capitalized software, net of dispositions			0	0
Other, net			0	51
Net cash used by investing activities			0	51
Cash flows from financing activities:
Debt repaid				(50)
Debt repaid, including debt issuance costs			0
Dividends paid			819	689
Issuance of common stock, net of common stock acquired			0
Issuance or common stock				0
Proceeds from noncontrolling interest				0
Intercompany activity, net			0	0
Other, net			0	0
Net cash provided (used) by financing activities			819	639
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect			0	0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning of period			0	0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, end of period	$ 0	$ 0	$ 0	$ 0