Macy's Inc (M) financial statements (2021 and earlier)

Company profile

Business Address 151 WEST 34TH STREET
NEW YORK, NY 10001
State of Incorp. DE
Fiscal Year End January 31
SIC 5311 - Department Stores (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

1/31/2020
1/31/2019
1/31/2018
1/31/2017
1/31/2016
1/31/2015
1/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6851,1621,4551,2971,1092,2462,273
Cash and cash equivalents6851,1621,4551,2971,1092,2462,273
Receivables409400363522558424438
Inventory, net of allowances, customer advances and progress billings5,1885,2635,178   5,557
Inventory5,1885,2635,178   5,557
Prepaid expense528620448408479493420
Other undisclosed current assets   5,3995,5065,516 
Total current assets:6,8107,4457,4447,6267,6528,6798,688
Noncurrent Assets
Finance lease, right-of-use asset13
Operating lease, right-of-use asset2,655
Property, plant and equipment6,6336,6376,6727,0177,6167,8007,930
Intangible assets, net (including goodwill)4,3474,3864,3854,3954,4114,2394,270
Goodwill3,9083,9083,8973,8973,8973,7433,743
Intangible assets, net (excluding goodwill)439478488498514496527
Other noncurrent assets714726880813897743746
Total noncurrent assets:14,36211,74911,93712,22512,92412,78212,946
TOTAL ASSETS:21,17219,19419,38119,85120,57621,46121,634
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3,4483,3663,1673,5633,3333,1092,810
Accounts payable1,6821,655   1,6931,691
Accrued liabilities6414081,4261,4251,4751,346 
Employee-related liabilities194268229215153193190
Taxes payable226302157166184483519
Interest and dividends payable415170748893 
Other undisclosed accounts payable and accrued liabilities6646821,2851,6831,433(699)410
Debt539432230964276463
Liability for uncertainty in income taxes   6121131
Postemployment benefits liability     190110
Deferred tax liabilities    362400
Other liabilities     9385
Other undisclosed current liabilities1,7631,8231,8861,7691,7411,6951,827
Total current liabilities:5,7505,2325,0755,6475,7285,5365,726
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,6214,7085,8616,5626,9957,2656,728
Finance lease, liability21
Capital lease obligations252627292930
Operating lease, liability2,897
Other undisclosed long-term debt and lease obligation7034,6835,8356,5356,9667,2366,698
Liabilities, other than long-term debt1,3372,8182,7843,3203,6003,2822,931
Deferred tax liabilities, net1,2381,1221,4431,4771,0811,273
Other liabilities1,3371,5801,6621,8772,1232,2011,658
Other undisclosed noncurrent liabilities4,087      
Total noncurrent liabilities:9,0457,5268,6459,88210,59510,5479,659
Total liabilities:14,79512,75813,72015,52916,32316,08315,385
Stockholders' equity
Stockholders' equity attributable to parent6,3776,4365,6734,3234,2505,3786,249
Common stock3333344
Treasury stock, value(1,241)(1,318)(1,456)(1,489)(1,665)(1,942)(1,847)
Additional paid in capital6216526766176211,0482,522
Accumulated other comprehensive loss(995)(951)(724)(896)(1,043)(1,072)(665)
Retained earnings7,9898,0507,1746,0886,3347,3406,235
Stockholders' equity attributable to noncontrolling interest  (12)(1)3  
Total stockholders' equity:6,3776,4365,6614,3224,2535,3786,249
TOTAL LIABILITIES AND EQUITY:21,17219,19419,38119,85120,57621,46121,634

Income statement (P&L) ($ in millions)

1/31/2020
1/31/2019
1/31/2018
1/31/2017
1/31/2016
1/31/2015
1/31/2014
Revenues24,56024,97124,83725,77827,07928,10527,931
Revenue, net24,83725,77827,07928,10527,931
Cost of revenue(15,171)(15,215)(15,152)(15,621)(16,496)(17,271)(17,126)
Cost of goods and services sold(15,171)(15,215)(15,152)(15,621)(16,496)(16,863)(16,725)
Other undisclosed gross profit     408401
Gross profit:9,3899,7569,68510,15710,58311,24211,206
Operating expenses(9,190)(8,786)(8,409)(8,796)(8,256)(8,472)(8,571)
Other undisclosed operating income (loss)771768531(46)(288)3043
Operating income:9701,7381,8071,3152,0392,8002,678
Nonoperating income5164114222
Investment income, nonoperating2025114222
Net periodic defined benefits expense (reversal of expense), excluding service cost component3139
Interest and debt expense(235)(294)(311)(367)(363)(412)(390)
Other undisclosed loss from continuing operations before equity method investments, income taxes(58)(88)     
Income from continuing operations before income taxes:7281,4201,5079521,6782,3902,290
Income tax expense (benefit)(164)(322)29(341)(608)(864)(804)
Net income:5641,0981,5366111,0701,5261,486
Net income attributable to noncontrolling interest 101182  
Net income available to common stockholders, diluted:5641,1081,5476191,0721,5261,486

Comprehensive Income ($ in millions)

1/31/2020
1/31/2019
1/31/2018
1/31/2017
1/31/2016
1/31/2015
1/31/2014
Net income:5641,0981,5366111,0701,5261,486
Other comprehensive income (loss)(40)(63)17214729(407)266
Comprehensive income:5241,0351,7087581,0991,1191,752
Comprehensive income, net of tax, attributable to noncontrolling interest 101182  
Comprehensive income, net of tax, attributable to parent:5241,0451,7197661,1011,1191,752

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: