XML 71 R55.htm IDEA: XBRL DOCUMENT
v3.22.1

Financing (Schedule of Company Debt) (Details) - USD ($) $ in Millions | Jan. 29, 2022 | Aug. 17, 2021 | Mar. 17, 2021 | Jan. 30, 2021 | Feb. 01, 2020
--- | --- | --- | --- | --- | ---
Short-term Debt | $ 0 |  |  | $ 452 |
Unamortized debt issue costs and discount | (22) |  |  | (77) |
3.875% Senior notes due 2022 [Member] |  |  |  |  |
Short-term Debt | $ 0 |  |  | $ 450 |
Debt instrument interest rate, stated percentage | 3.875% |  |  | 3.875% |
Current portion of other long-term obligations [Member] |  |  |  |  |
Short-term Debt | $ 0 |  |  | $ 2 |
8.375% Senior secured notes due 2025 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 0 |  |  | $ 1,300 |
Debt instrument interest rate, stated percentage | 8.375% | 8.375% |  | 8.375% |
2.875% Senior Notes Due 2023 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 504 |  |  | $ 640 |
Debt instrument interest rate, stated percentage | 2.875% |  |  | 2.875% | 2.875%
5.875% Senior Secured Debentures Due 2029 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 500 |  |  | $ 0 |
Debt instrument interest rate, stated percentage | 5.875% |  | 5.875% | 5.875% |
4.5% Senior Notes Due 2034 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 367 |  |  | $ 367 |
Debt instrument interest rate, stated percentage | 4.50% |  |  | 4.50% |
3.625% Senior Notes Due 2024 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 350 |  |  | $ 500 |
Debt instrument interest rate, stated percentage | 3.625% |  |  | 3.625% |
5.125% Senior Notes Due 2042 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 250 |  |  | $ 250 |
Debt instrument interest rate, stated percentage | 5.125% |  |  | 5.125% |
4.3% Senior Notes Due 2043 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 250 |  |  | $ 250 |
Debt instrument interest rate, stated percentage | 4.30% |  |  | 4.30% |
6.375% Senior Notes Due 2037 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 192 |  |  | $ 192 |
Debt instrument interest rate, stated percentage | 6.375% |  |  | 6.375% |
6.7% Senior Secured Debentures Due 2034 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 183 |  |  | $ 183 |
Debt instrument interest rate, stated percentage | 6.70% |  |  | 6.70% |
4.375% Senior notes due 2023 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 161 |  |  | $ 210 |
Debt instrument interest rate, stated percentage | 4.375% |  |  | 4.375% | 4.375%
7.0% Senior Debentures Due 2028 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 105 |  |  | $ 105 |
Debt instrument interest rate, stated percentage | 7.00% |  |  | 7.00% |
6.65% Senior secured debentures due 2024 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 81 |  |  | $ 81 |
Debt instrument interest rate, stated percentage | 6.65% |  |  | 6.65% |
6.9% senior debentures due 2029 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 79 |  |  | $ 79 |
Debt instrument interest rate, stated percentage | 6.90% |  |  | 6.90% | 6.90%
6.7% Senior Secured Debentures Due 2028 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 74 |  |  | $ 74 |
Debt instrument interest rate, stated percentage | 6.70% |  |  | 6.70% |
6.79% Senior Debentures Due 2027 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 71 |  |  | $ 71 |
Debt instrument interest rate, stated percentage | 6.79% |  |  | 6.79% |
6.65% Senior Debentures Due 2024 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 36 |  |  | $ 41 |
Debt instrument interest rate, stated percentage | 6.65% |  |  | 6.65% |
6.7% Senior Debentures Due 2028 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 29 |  |  | $ 29 |
Debt instrument interest rate, stated percentage | 6.70% |  |  | 6.70% |
8.75% Senior secured debentures due 2029 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 13 |  |  | $ 13 |
Debt instrument interest rate, stated percentage | 8.75% |  |  | 8.75% |
6.7% Senior debentures due 2034 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 18 |  |  | $ 18 |
Debt instrument interest rate, stated percentage | 6.70% |  |  | 6.70% |
6.9% Senior Debentures Due 2032 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 12 |  |  | $ 12 |
Debt instrument interest rate, stated percentage | 6.90% |  |  | 6.90% |
7.6% Senior Debentures Due 2025 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 6 |  |  | $ 24 |
Debt instrument interest rate, stated percentage | 7.60% |  |  | 7.60% |
7.875% Senior secured debentures due 2030 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 5 |  |  | $ 5 |
Debt instrument interest rate, stated percentage | 7.875% |  |  | 7.875% |
6.9% Senior secured debentures due 2032 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 5 |  |  | $ 5 |
Debt instrument interest rate, stated percentage | 6.90% |  |  | 6.90% |
7.875% Senior Debentures Due 2030 [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 5 |  |  | $ 5 |
Debt instrument interest rate, stated percentage | 7.875% |  |  | 7.875% |
Premium on Acquired Debt [Member] |  |  |  |  |
Premium on acquired debt, using an effective interest yield of 5.760% to 6.021% | $ 21 |  |  | $ 30 |
Premium on Acquired Debt [Member] | Minimum [Member] |  |  |  |  |
Debt instrument interest rate, effective percentage | 5.76% |  |  | 5.76% |
Premium on Acquired Debt [Member] | Maximum [Member] |  |  |  |  |
Debt instrument interest rate, effective percentage | 6.021% |  |  | 6.021% |
Entire Long Term Debt [Member] |  |  |  |  |
Debt instrument, principal outstanding | $ 3,295 |  |  | $ 4,407 |

X
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 6 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123466204&loc=SL6036836-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of unamortized debt discount (premium) and debt issuance costs. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28555-108399 + Details
Name: | us-gaap_DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of debt premium to be amortized after one year or the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentUnamortizedPremiumNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=84165509&loc=d3e56426-112766 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(a)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(1)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(13)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
Name: | us-gaap_ShortTermBorrowings
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_ShortTermDebtTypeAxis=m_ThreePointEightSevenFivePercentSeniorNotesDueTwoThousandTwentyTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ShortTermDebtTypeAxis=m_CurrentPortionOfOtherLongTermObligationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_EightPointThreeSevenFiveSeniorSecuredNotesDue2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_A2875SeniorNotesDue2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_FivePointEightSevenFivePercentSeniorNotesDueTwoThousandTwentyNineMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_A4.5Seniornotesdue2034Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_ThreepointsixtwofivepercentseniornotesduetwothousandtwentyfourMemberMemberMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_FivePointOneTwoFivePercentSeniorNotesDueTwoThousandFortyTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_A43SeniorNotesDue2043Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_A6.375Seniornotesdue2037Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_SixPointSevenSeniorSecuredDebenturesDue2034Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_A4.375Seniornotesdue2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_SevenPercentSeniorDebenturesDueTwoThousandTwentyEightMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_SixPointSixFiveSeniorSecuredDebenturesDue2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_A6.9seniordebenturesdue2029Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_SixPointSevenSeniorSecuredDebenturesDue2028Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_SixPointSevenNinePercentSeniorDebenturesDueTwoThousandTwentySevenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_A6.65seniordebenturesdue2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_SixPointSevenPercentSeniorDebenturesDueTwoThousandTwentyEightMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_EightPointSevenFiveSeniorSecuredDebenturesDue2029Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_A6.7Seniordebenturesdue2034Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_SixPointNinePercentSeniorDebenturesDueTwoThousandThirtyTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_SevenPointSixPercentSeniorDebenturesDueTwoThousandTwentyFiveMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_SevenPointEightSevenFiveSeniorSecuredDebenturesDue2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_SixPointNineSeniorSecuredDebenturesDue2032Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_SevenPointEightSevenFivePercentSeniorDebenturesDueTwoThousandThirtyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_PremiumOnAcquiredDebtUsingEffectiveInterestYieldOfFivePointSevenSixZeroPercentToSixPointZeroTwoOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=m_EntireLongTermDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |