Macy's 2008 Annual Report Download - page 96

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
21. Condensed Consolidating Financial Information
The senior notes and senior debentures of the Company described in Note 11, which constitute debt
obligations of Parent’s wholly-owned subsidiary, Macy’s Retail Holdings, Inc. (“Subsidiary Issuer”) are fully
and unconditionally guaranteed by Parent. In the following condensed consolidating financial statements, “Other
Subsidiaries” includes all other direct subsidiaries of Parent, including FDS Bank, Leadville Insurance Company
and Snowdin Insurance Company and, prior to the respective dates of their dispositions, Priscilla of Boston and
David’s Bridal, Inc. and its subsidiaries, including After Hours Formalwear, Inc. and, after its transfer to Parent
on November 2, 2008, Macy’s Merchandising Group, Inc. and its subsidiary Macy’s Merchandising Group
International, LLC. “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 (including, prior to its transfer to Parent on November 2, 2008, Macy’s
Merchandising Group, Inc. and its subsidiary Macy’s Merchandising Group International, LLC) are also
reflected in “Other Subsidiaries.”
Condensed Consolidating Balance Sheets as of January 31, 2009 and February 2, 2008, the related
Condensed Consolidating Statements of Operations for 2008, 2007 and 2006, and the related Condensed
Consolidating Statements of Cash Flows for 2008, 2007, and 2006 are presented on the following pages.
F-48