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Condensed Consolidating Financial Information (Tables) | 12 Months Ended
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Jan. 28, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Consolidating Balance Sheet | MACY’S, INC. Condensed Consolidating Balance Sheet As of January 28, 2017 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
ASSETS: |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 938 |  |  | $ | 81 |  |  | $ | 278 |  |  | $ | — |  |  | $ | 1,297 |
Receivables | — |  |  | 169 |  |  | 353 |  |  | — |  |  | 522 |
Merchandise inventories | — |  |  | 2,565 |  |  | 2,834 |  |  | — |  |  | 5,399 |
Prepaid expenses and other current assets | — |  |  | 84 |  |  | 324 |  |  | — |  |  | 408 |
Total Current Assets | 938 |  |  | 2,899 |  |  | 3,789 |  |  | — |  |  | 7,626 |
Property and Equipment – net | — |  |  | 3,397 |  |  | 3,620 |  |  | — |  |  | 7,017 |
Goodwill | — |  |  | 3,315 |  |  | 582 |  |  | — |  |  | 3,897 |
Other Intangible Assets – net | — |  |  | 51 |  |  | 447 |  |  | — |  |  | 498 |
Other Assets | — |  |  | 47 |  |  | 766 |  |  | — |  |  | 813 |
Deferred Income Taxes | 26 |  |  | — |  |  | — |  |  | (26 | ) |  | — |
Intercompany Receivable | 375 |  |  | — |  |  | 2,428 |  |  | (2,803 | ) |  | — |
Investment in Subsidiaries | 3,137 |  |  | 3,540 |  |  | — |  |  | (6,677 | ) |  | — |
Total Assets | $ | 4,476 |  |  | $ | 13,249 |  |  | $ | 11,632 |  |  | $ | (9,506 | ) |  | $ | 19,851 |
LIABILITIES AND SHAREHOLDERS’ EQUITY: |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | 306 |  |  | $ | 3 |  |  | $ | — |  |  | $ | 309 |
Merchandise accounts payable | — |  |  | 590 |  |  | 833 |  |  | — |  |  | 1,423 |
Accounts payable and accrued liabilities | 15 |  |  | 1,064 |  |  | 2,484 |  |  | — |  |  | 3,563 |
Income taxes | 71 |  |  | 16 |  |  | 265 |  |  | — |  |  | 352 |
Total Current Liabilities | 86 |  |  | 1,976 |  |  | 3,585 |  |  | — |  |  | 5,647 |
Long-Term Debt | — |  |  | 6,544 |  |  | 18 |  |  | — |  |  | 6,562 |
Intercompany Payable | — |  |  | 2,803 |  |  | — |  |  | (2,803 | ) |  | — |
Deferred Income Taxes | — |  |  | 688 |  |  | 781 |  |  | (26 | ) |  | 1,443 |
Other Liabilities | 66 |  |  | 500 |  |  | 1,311 |  |  | — |  |  | 1,877 |
Shareholders’ Equity: |  |  |  |  |  |  |  |  |  |
Macy's, Inc. | 4,323 |  |  | 738 |  |  | 5,939 |  |  | (6,677 | ) |  | 4,323 |
Noncontrolling Interest | — |  |  | — |  |  | (1 | ) |  | — |  |  | (1 | )
Total Shareholders’ Equity | 4,323 |  |  | 738 |  |  | 5,938 |  |  | (6,677 | ) |  | 4,322 |
Total Liabilities and Shareholders’ Equity | $ | 4,475 |  |  | $ | 13,249 |  |  | $ | 11,633 |  |  | $ | (9,506 | ) |  | $ | 19,851 |
Condensed Consolidating Statement of Comprehensive Income |
Condensed Consolidating Statement of Cash Flows | MACY’S, INC. Condensed Consolidating Statement of Cash Flows For 2014 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income | $ | 1,526 |  |  | $ | 563 |  |  | $ | 1,589 |  |  | $ | (2,152 | ) |  | $ | 1,526 |
Impairments, store closing and other costs | — |  |  | 45 |  |  | 42 |  |  | — |  |  | 87 |
Equity in earnings of subsidiaries | (1,528 | ) |  | (624 | ) |  | — |  |  | 2,152 |  |  | — |
Dividends received from subsidiaries | 1,088 |  |  | 1 |  |  | — |  |  | (1,089 | ) |  | — |
Depreciation and amortization | — |  |  | 454 |  |  | 582 |  |  | — |  |  | 1,036 |
Increase (decrease) in working capital | 9 |  |  | 74 |  |  | (69 | ) |  | — |  |  | 14 |
Other, net | (20 | ) |  | (177 | ) |  | 243 |  |  | — |  |  | 46 |
Net cash provided by operating activities | 1,075 |  |  | 336 |  |  | 2,387 |  |  | (1,089 | ) |  | 2,709 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase (disposition) of property and equipment and capitalized software, net | — |  |  | (260 | ) |  | (636 | ) |  | — |  |  | (896 | )
Other, net | — |  |  | (12 | ) |  | (62 | ) |  | — |  |  | (74 | )
Net cash used by investing activities | — |  |  | (272 | ) |  | (698 | ) |  | — |  |  | (970 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Debt repaid, net of debt issued | — |  |  | 177 |  |  | (3 | ) |  | — |  |  | 174 |
Dividends paid | (421 | ) |  | — |  |  | (1,089 | ) |  | 1,089 |  |  | (421 | )
Common stock acquired, net of issuance of common stock | (1,643 | ) |  | — |  |  | — |  |  | — |  |  | (1,643 | )
Proceeds from noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |
Intercompany activity, net | 927 |  |  | (283 | ) |  | (644 | ) |  | — |  |  | — |
Other, net | 15 |  |  | 52 |  |  | 57 |  |  | — |  |  | 124 |
Net cash used by financing activities | (1,122 | ) |  | (54 | ) |  | (1,679 | ) |  | 1,089 |  |  | (1,766 | )
Net increase (decrease) in cash and cash equivalents | (47 | ) |  | 10 |  |  | 10 |  |  | — |  |  | (27 | )
Cash and cash equivalents at beginning of period | 1,955 |  |  | 84 |  |  | 234 |  |  | — |  |  | 2,273 |
Cash and cash equivalents at end of period | $ | 1,908 |  |  | $ | 94 |  |  | $ | 244 |  |  | $ | — |  |  | $ | 2,246 |
MACY’S, INC. Condensed Consolidating Statement of Cash Flows For 2015 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income | $ | 1,072 |  |  | $ | 89 |  |  | $ | 1,402 |  |  | $ | (1,493 | ) |  | $ | 1,070 |
Impairments, store closing and other costs | — |  |  | 170 |  |  | 118 |  |  | — |  |  | 288 |
Equity in earnings of subsidiaries | (1,072 | ) |  | (421 | ) |  | — |  |  | 1,493 |  |  | — |
Dividends received from subsidiaries | 1,086 |  |  | — |  |  | — |  |  | (1,086 | ) |  | — |
Depreciation and amortization | — |  |  | 440 |  |  | 621 |  |  | — |  |  | 1,061 |
(Increase) decrease in working capital | 25 |  |  | (340 | ) |  | (81 | ) |  | — |  |  | (396 | )
Other, net | (8 | ) |  | (78 | ) |  | 47 |  |  | — |  |  | (39 | )
Net cash provided (used) by operating activities | 1,103 |  |  | (140 | ) |  | 2,107 |  |  | (1,086 | ) |  | 1,984 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of property and equipment and capitalized software, net | — |  |  | (88 | ) |  | (821 | ) |  | — |  |  | (909 | )
Other, net | — |  |  | 83 |  |  | (266 | ) |  | — |  |  | (183 | )
Net cash used by investing activities | — |  |  | (5 | ) |  | (1,087 | ) |  | — |  |  | (1,092 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Debt issued, net of debt repaid | — |  |  | 348 |  |  | (1 | ) |  | — |  |  | 347 |
Dividends paid | (456 | ) |  | — |  |  | (1,086 | ) |  | 1,086 |  |  | (456 | )
Common stock acquired, net of issuance of common stock | (1,838 | ) |  | — |  |  | — |  |  | — |  |  | (1,838 | )
Proceeds from noncontrolling interest | — |  |  | — |  |  | 5 |  |  | — |  |  | 5 |
Intercompany activity, net | 12 |  |  | (243 | ) |  | 231 |  |  | — |  |  | — |
Other, net | 12 |  |  | 37 |  |  | (136 | ) |  | — |  |  | (87 | )
Net cash provided (used) by financing activities | (2,270 | ) |  | 142 |  |  | (987 | ) |  | 1,086 |  |  | (2,029 | )
Net increase (decrease) in cash and cash equivalents | (1,167 | ) |  | (3 | ) |  | 33 |  |  | — |  |  | (1,137 | )
Cash and cash equivalents at beginning of period | 1,908 |  |  | 94 |  |  | 244 |  |  | — |  |  | 2,246 |
Cash and cash equivalents at end of period | $ | 741 |  |  | $ | 91 |  |  | $ | 277 |  |  | $ | — |  |  | $ | 1,109 |
MACY’S, INC. Condensed Consolidating Statement of Cash Flows For 2016 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 619 |  |  | $ | (208 | ) |  | $ | 1,074 |  |  | $ | (874 | ) |  | $ | 611 |
Impairments, store closing and other costs | — |  |  | 295 |  |  | 184 |  |  | — |  |  | 479 |
Settlement charges | — |  |  | 34 |  |  | 64 |  |  | — |  |  | 98 |
Equity in earnings of subsidiaries | (619 | ) |  | (255 | ) |  | — |  |  | 874 |  |  | — |
Dividends received from subsidiaries | 957 |  |  | 575 |  |  | — |  |  | (1,532 | ) |  | — |
Depreciation and amortization | — |  |  | 407 |  |  | 651 |  |  | — |  |  | 1,058 |
(Increase) decrease in working capital | 110 |  |  | (482 | ) |  | 92 |  |  | — |  |  | (280 | )
Other, net | 28 |  |  | 51 |  |  | (244 | ) |  | — |  |  | (165 | )
Net cash provided by operating activities | 1,095 |  |  | 417 |  |  | 1,821 |  |  | (1,532 | ) |  | 1,801 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of property and equipment and capitalized software, net | — |  |  | 12 |  |  | (251 | ) |  | — |  |  | (239 | )
Other, net | — |  |  | 32 |  |  | 20 |  |  | — |  |  | 52 |
Net cash provided (used) by investing activities | — |  |  | 44 |  |  | (231 | ) |  | — |  |  | (187 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Debt repaid, net of debt issued | — |  |  | (750 | ) |  | 1 |  |  | — |  |  | (749 | )
Dividends paid | (459 | ) |  | — |  |  | (1,532 | ) |  | 1,532 |  |  | (459 | )
Common stock acquired, net of issuance of common stock | (280 | ) |  | — |  |  | — |  |  | — |  |  | (280 | )
Proceeds from noncontrolling interest | — |  |  | — |  |  | 4 |  |  | — |  |  | 4 |
Intercompany activity, net | (144 | ) |  | 255 |  |  | (111 | ) |  | — |  |  | — |
Other, net | (15 | ) |  | 24 |  |  | 49 |  |  | — |  |  | 58 |
Net cash used by financing activities | (898 | ) |  | (471 | ) |  | (1,589 | ) |  | 1,532 |  |  | (1,426 | )
Net increase (decrease) in cash and cash equivalents | 197 |  |  | (10 | ) |  | 1 |  |  | — |  |  | 188 |
Cash and cash equivalents at beginning of period | 741 |  |  | 91 |  |  | 277 |  |  | — |  |  | 1,109 |
Cash and cash equivalents at end of period | $ | 938 |  |  | $ | 81 |  |  | $ | 278 |  |  | $ | — |  |  | $ | 1,297 |

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