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Condensed Consolidating Financial Information (Tables) | 9 Months Ended
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Nov. 03, 2018
Condensed Financial Information Disclosure [Abstract] |
Condensed Consolidating Balance Sheet [Table Text Block] | 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 tax receivable | 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 October 28, 2017 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
ASSETS: |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 116 |  |  | $ | 89 |  |  | $ | 329 |  |  | $ | — |  |  | $ | 534 |
Receivables | — |  |  | 67 |  |  | 152 |  |  | — |  |  | 219 |
Merchandise inventories | — |  |  | 3,218 |  |  | 3,847 |  |  | — |  |  | 7,065 |
Income tax receivable | — |  |  | 2 |  |  | — |  |  | (2 | ) |  | — |
Prepaid expenses and other current assets | — |  |  | 141 |  |  | 469 |  |  | — |  |  | 610 |
Total Current Assets | 116 |  |  | 3,517 |  |  | 4,797 |  |  | (2 | ) |  | 8,428 |
Property and Equipment – net | — |  |  | 3,370 |  |  | 3,372 |  |  | — |  |  | 6,742 |
Goodwill | — |  |  | 3,315 |  |  | 582 |  |  | — |  |  | 3,897 |
Other Intangible Assets – net | — |  |  | 46 |  |  | 445 |  |  | — |  |  | 491 |
Other Assets | 1 |  |  | 62 |  |  | 772 |  |  | — |  |  | 835 |
Deferred Income Taxes | 27 |  |  | — |  |  | — |  |  | (27 | ) |  | — |
Intercompany Receivable | 1,436 |  |  | — |  |  | 2,161 |  |  | (3,597 | ) |  | — |
Investment in Subsidiaries | 2,932 |  |  | 3,700 |  |  | — |  |  | (6,632 | ) |  | — |
Total Assets | $ | 4,512 |  |  | $ | 14,010 |  |  | $ | 12,129 |  |  | $ | (10,258 | ) |  | $ | 20,393 |
LIABILITIES AND SHAREHOLDERS’ EQUITY: |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | 6 |  |  | $ | 16 |  |  | $ | — |  |  | $ | 22 |
Merchandise accounts payable | — |  |  | 1,339 |  |  | 1,834 |  |  | — |  |  | 3,173 |
Accounts payable and accrued liabilities | 139 |  |  | 1,008 |  |  | 2,110 |  |  | — |  |  | 3,257 |
Income taxes | 20 |  |  | — |  |  | 16 |  |  | (2 | ) |  | 34 |
Total Current Liabilities | 159 |  |  | 2,353 |  |  | 3,976 |  |  | (2 | ) |  | 6,486 |
Long-Term Debt | — |  |  | 6,280 |  |  | 17 |  |  | — |  |  | 6,297 |
Intercompany Payable | — |  |  | 3,597 |  |  | — |  |  | (3,597 | ) |  | — |
Deferred Income Taxes | — |  |  | 731 |  |  | 882 |  |  | (27 | ) |  | 1,586 |
Other Liabilities | 71 |  |  | 476 |  |  | 1,203 |  |  | — |  |  | 1,750 |
Shareholders' Equity: |  |  |  |  |  |  |  |  |
Macy's, Inc. | 4,282 |  |  | 573 |  |  | 6,059 |  |  | (6,632 | ) |  | 4,282 |
Noncontrolling Interest | — |  |  | — |  |  | (8 | ) |  | — |  |  | (8 | )
Total Shareholders' Equity | 4,282 |  |  | 573 |  |  | 6,051 |  |  | (6,632 | ) |  | 4,274 |
Total Liabilities and Shareholders' Equity | $ | 4,512 |  |  | $ | 14,010 |  |  | $ | 12,129 |  |  | $ | (10,258 | ) |  | $ | 20,393 |
Condensed Consolidating Balance Sheet As of February 3, 2018 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
ASSETS: |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 1,109 |  |  | $ | 58 |  |  | $ | 288 |  |  | $ | — |  |  | $ | 1,455 |
Receivables | — |  |  | 85 |  |  | 278 |  |  | — |  |  | 363 |
Merchandise inventories | — |  |  | 2,344 |  |  | 2,834 |  |  | — |  |  | 5,178 |
Prepaid expenses and other current assets | — |  |  | 165 |  |  | 485 |  |  | — |  |  | 650 |
Total Current Assets | 1,109 |  |  | 2,652 |  |  | 3,885 |  |  | — |  |  | 7,646 |
Property and Equipment – net | — |  |  | 3,349 |  |  | 3,323 |  |  | — |  |  | 6,672 |
Goodwill | — |  |  | 3,315 |  |  | 582 |  |  | — |  |  | 3,897 |
Other Intangible Assets – net | — |  |  | 44 |  |  | 444 |  |  | — |  |  | 488 |
Other Assets | 1 |  |  | 89 |  |  | 790 |  |  | — |  |  | 880 |
Deferred Income Taxes | 11 |  |  | — |  |  | — |  |  | (11 | ) |  | — |
Intercompany Receivable | 884 |  |  | — |  |  | 2,388 |  |  | (3,272 | ) |  | — |
Investment in Subsidiaries | 4,032 |  |  | 4,126 |  |  | — |  |  | (8,158 | ) |  | — |
Total Assets | $ | 6,037 |  |  | $ | 13,575 |  |  | $ | 11,412 |  |  | $ | (11,441 | ) |  | $ | 19,583 |
LIABILITIES AND SHAREHOLDERS’ EQUITY: |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | 6 |  |  | $ | 16 |  |  | $ | — |  |  | $ | 22 |
Merchandise accounts payable | — |  |  | 653 |  |  | 937 |  |  | — |  |  | 1,590 |
Accounts payable and accrued liabilities | 159 |  |  | 980 |  |  | 2,132 |  |  | — |  |  | 3,271 |
Income taxes | 113 |  |  | 30 |  |  | 153 |  |  | — |  |  | 296 |
Total Current Liabilities | 272 |  |  | 1,669 |  |  | 3,238 |  |  | — |  |  | 5,179 |
Long-Term Debt | — |  |  | 5,844 |  |  | 17 |  |  | — |  |  | 5,861 |
Intercompany Payable | — |  |  | 3,272 |  |  | — |  |  | (3,272 | ) |  | — |
Deferred Income Taxes | — |  |  | 559 |  |  | 600 |  |  | (11 | ) |  | 1,148 |
Other Liabilities | 20 |  |  | 430 |  |  | 1,212 |  |  | — |  |  | 1,662 |
Shareholders' Equity: |  |  |  |  |  |  |  |  |
Macy's, Inc. | 5,745 |  |  | 1,801 |  |  | 6,357 |  |  | (8,158 | ) |  | 5,745 |
Noncontrolling Interest | — |  |  | — |  |  | (12 | ) |  | — |  |  | (12 | )
Total Shareholders' Equity | 5,745 |  |  | 1,801 |  |  | 6,345 |  |  | (8,158 | ) |  | 5,733 |
Total Liabilities and Shareholders' Equity | $ | 6,037 |  |  | $ | 13,575 |  |  | $ | 11,412 |  |  | $ | (11,441 | ) |  | $ | 19,583 |
Condensed Consolidating Statement of Cash Flows [Table Text Block] | 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 |
Equity in earnings of subsidiaries | (362 | ) |  | (51 | ) |  | — |  |  | 413 |  |  | — |
Impairment, restructuring and other costs | — |  |  | — |  |  | 39 |  |  | — |  |  | 39 |
Settlement charges | 5 |  |  | 24 |  |  | 44 |  |  | — |  |  | 73 |
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 Cash Flows For the 39 Weeks Ended October 28, 2017 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 219 |  |  | $ | (385 | ) |  | $ | 569 |  |  | $ | (191 | ) |  | $ | 212 |
Equity in loss (earnings) of subsidiaries | (217 | ) |  | 26 |  |  | — |  |  | 191 |  |  | — |
Restructuring and other costs | — |  |  | 1 |  |  | 32 |  |  | — |  |  | 33 |
Settlement charges | — |  |  | 24 |  |  | 49 |  |  | — |  |  | 73 |
Dividends received from subsidiaries | 571 |  |  | — |  |  | — |  |  | (571 | ) |  | — |
Depreciation and amortization | — |  |  | 265 |  |  | 476 |  |  | — |  |  | 741 |
Gains on sale of real estate | — |  |  | (116 | ) |  | (60 | ) |  | — |  |  | (176 | )
Changes in assets, liabilities and other items not separately identified | (44 | ) |  | 167 |  |  | (607 | ) |  | — |  |  | (484 | )
Net cash provided (used) by operating activities | 529 |  |  | (18 | ) |  | 459 |  |  | (571 | ) |  | 399 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Disposition (purchase) of property and equipment and capitalized software, net | — |  |  | 30 |  |  | (368 | ) |  | — |  |  | (338 | )
Other, net | — |  |  | 2 |  |  | 7 |  |  | — |  |  | 9 |
Net cash provided (used) by investing activities | — |  |  | 32 |  |  | (361 | ) |  | — |  |  | (329 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Debt repaid | — |  |  | (563 | ) |  | (1 | ) |  | — |  |  | (564 | )
Dividends paid | (346 | ) |  | — |  |  | (571 | ) |  | 571 |  |  | (346 | )
Issuance of common stock, net of common stock acquired | 2 |  |  | — |  |  | — |  |  | — |  |  | 2 |
Proceeds from noncontrolling interest | — |  |  | — |  |  | 12 |  |  | — |  |  | 12 |
Intercompany activity, net | (1,016 | ) |  | 589 |  |  | 427 |  |  | — |  |  | — |
Other, net | 9 |  |  | (32 | ) |  | 103 |  |  | — |  |  | 80 |
Net cash used by financing activities | (1,351 | ) |  | (6 | ) |  | (30 | ) |  | 571 |  |  | (816 | )
Net increase (decrease) in cash, cash equivalents and restricted cash | (822 | ) |  | 8 |  |  | 68 |  |  | — |  |  | (746 | )
Cash, cash equivalents and restricted cash at beginning of period | 938 |  |  | 81 |  |  | 315 |  |  | — |  |  | 1,334 |
Cash, cash equivalents and restricted cash at end of period | $ | 116 |  |  | $ | 89 |  |  | $ | 383 |  |  | $ | — |  |  | $ | 588 |
Condensed Consolidating Statement of Comprehensive Income [Table Text Block] | 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 tax benefit (expense) | (1 | ) |  | 57 |  |  | (68 | ) |  | — |  |  | (12 | )
Net income (loss) | 62 |  |  | (166 | ) |  | 167 |  |  | (1 | ) |  | 62 |
Net loss attributable to noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net income (loss) attributable to Macy's, Inc. shareholders | $ | 62 |  |  | $ | (166 | ) |  | $ | 167 |  |  | $ | (1 | ) |  | $ | 62 |
Comprehensive income (loss) | $ | (37 | ) |  | $ | (257 | ) |  | $ | 106 |  |  | $ | 151 |  |  | $ | (37 | )
Comprehensive loss attributable to noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |
Comprehensive income (loss) attributable to Macy's, Inc. shareholders | $ | (37 | ) |  | $ | (257 | ) |  | $ | 106 |  |  | $ | 151 |  |  | $ | (37 | )
Condensed Consolidating Statement of Comprehensive Income For the 13 Weeks Ended October 28, 2017 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Net sales | $ | — |  |  | $ | 2,073 |  |  | $ | 5,865 |  |  | $ | (2,657 | ) |  | $ | 5,281 |
Credit card revenues, net | — |  |  | — |  |  | 145 |  |  | — |  |  | 145 |
Cost of sales | — |  |  | (1,382 | ) |  | (4,427 | ) |  | 2,657 |  |  | (3,152 | )
Selling, general and administrative expenses | — |  |  | (834 | ) |  | (1,354 | ) |  | — |  |  | (2,188 | )
Gains on sale of real estate | — |  |  | 24 |  |  | 41 |  |  | — |  |  | 65 |
Restructuring and other costs | — |  |  | (1 | ) |  | (32 | ) |  | — |  |  | (33 | )
Operating income (loss) | — |  |  | (120 | ) |  | 238 |  |  | — |  |  | 118 |
Benefit plan income, net | — |  |  | 6 |  |  | 9 |  |  | — |  |  | 15 |
Settlement charges | — |  |  | (8 | ) |  | (14 | ) |  | — |  |  | (22 | )
Interest (expense) income, net: |  |  |  |  |  |  |  |  |
External | 1 |  |  | (76 | ) |  | 1 |  |  | — |  |  | (74 | )
Intercompany | — |  |  | (34 | ) |  | 34 |  |  | — |  |  | — |
Equity in earnings (loss) of subsidiaries | 29 |  |  | (57 | ) |  | — |  |  | 28 |  |  | — |
Income (loss) before income taxes | 30 |  |  | (289 | ) |  | 268 |  |  | 28 |  |  | 37 |
Federal, state and local income tax benefit (expense) | — |  |  | 59 |  |  | (69 | ) |  | — |  |  | (10 | )
Net income (loss) | 30 |  |  | (230 | ) |  | 199 |  |  | 28 |  |  | 27 |
Net loss attributable to noncontrolling interest | — |  |  | — |  |  | 3 |  |  | — |  |  | 3 |
Net income (loss) attributable to Macy's, Inc. shareholders | $ | 30 |  |  | $ | (230 | ) |  | $ | 202 |  |  | $ | 28 |  |  | $ | 30 |
Comprehensive income (loss) | $ | 55 |  |  | $ | (207 | ) |  | $ | 215 |  |  | $ | (11 | ) |  | $ | 52 |
Comprehensive loss attributable to noncontrolling interest | — |  |  | — |  |  | 3 |  |  | — |  |  | 3 |
Comprehensive income (loss) attributable to Macy's, Inc. shareholders | $ | 55 |  |  | $ | (207 | ) |  | $ | 218 |  |  | $ | (11 | ) |  | $ | 55 |
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 tax benefit (expense) | (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 Macy's, Inc. shareholders | $ | 368 |  |  | $ | (289 | ) |  | $ | 702 |  |  | $ | (413 | ) |  | $ | 368 |
Comprehensive income (loss) | $ | 296 |  |  | $ | (357 | ) |  | $ | 646 |  |  | $ | (299 | ) |  | $ | 286 |
Comprehensive loss attributable to noncontrolling interest | — |  |  | — |  |  | 10 |  |  | — |  |  | 10 |
Comprehensive income (loss) attributable to Macy's, Inc. shareholders | $ | 296 |  |  | $ | (357 | ) |  | $ | 656 |  |  | $ | (299 | ) |  | $ | 296 |
Condensed Consolidating Statement of Comprehensive Income For the 39 Weeks Ended October 28, 2017 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Net sales | $ | — |  |  | $ | 6,358 |  |  | $ | 15,784 |  |  | $ | (5,875 | ) |  | $ | 16,267 |
Credit card revenues (expense), net | — |  |  | (2 | ) |  | 475 |  |  | — |  |  | 473 |
Cost of sales | — |  |  | (4,160 | ) |  | (11,573 | ) |  | 5,875 |  |  | (9,858 | )
Selling, general and administrative expenses | (1 | ) |  | (2,458 | ) |  | (3,947 | ) |  | — |  |  | (6,406 | )
Gains on sale of real estate | — |  |  | 116 |  |  | 60 |  |  | — |  |  | 176 |
Restructuring and other costs | — |  |  | (1 | ) |  | (32 | ) |  | — |  |  | (33 | )
Operating income (loss) | (1 | ) |  | (147 | ) |  | 767 |  |  | — |  |  | 619 |
Benefit plan income, net | — |  |  | 16 |  |  | 26 |  |  | — |  |  | 42 |
Settlement charges | — |  |  | (24 | ) |  | (49 | ) |  | — |  |  | (73 | )
Interest (expense) income, net: |  |  |  |  |  |  |  |  |
External | 4 |  |  | (243 | ) |  | 2 |  |  | — |  |  | (237 | )
Intercompany | — |  |  | (102 | ) |  | 102 |  |  | — |  |  | — |
Losses on early retirement of debt | — |  |  | (1 | ) |  | — |  |  | — |  |  | (1 | )
Equity in earnings (loss) of subsidiaries | 217 |  |  | (26 | ) |  | — |  |  | (191 | ) |  | — |
Income (loss) before income taxes | 220 |  |  | (527 | ) |  | 848 |  |  | (191 | ) |  | 350 |
Federal, state and local income tax benefit (expense) | (1 | ) |  | 142 |  |  | (279 | ) |  | — |  |  | (138 | )
Net income (loss) | 219 |  |  | (385 | ) |  | 569 |  |  | (191 | ) |  | 212 |
Net loss attributable to noncontrolling interest | — |  |  | — |  |  | 7 |  |  | — |  |  | 7 |
Net income (loss) attributable to Macy's, Inc. shareholders | $ | 219 |  |  | $ | (385 | ) |  | $ | 576 |  |  | $ | (191 | ) |  | $ | 219 |
Comprehensive income (loss) | $ | 315 |  |  | $ | (295 | ) |  | $ | 632 |  |  | $ | (344 | ) |  | $ | 308 |
Comprehensive loss attributable to noncontrolling interest | — |  |  | — |  |  | 7 |  |  | — |  |  | 7 |
Comprehensive income (loss) attributable to Macy's, Inc. shareholders | $ | 315 |  |  | $ | (295 | ) |  | $ | 639 |  |  | $ | (344 | ) |  | $ | 315 |

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