Macy's 2015 Annual Report Download - page 56

Download and view the complete annual report

Please find page 56 of the 2015 Macy's annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 108

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108

F-7
MACY’S, INC.
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
(millions)
Common
Stock
Additional
Paid-In
Capital
Accumulated
Equity
Treasury
Stock
Accumulated
Other
Comprehensive
Income (Loss)
Total
Macy's, Inc.
Shareholders’
Equity
Non-
controlling
Interest
Total
Shareholders'
Equity
Balance at February 2, 2013 .............. $ 4 $ 3,872 $ 5,108 $ (2,002) $ (931) $ 6,051 $ — $ 6,051
Net income......................................... 1,486 1,486 1,486
Other comprehensive income ............ 266 266 266
Common stock dividends
($.95 per share) ................................ (359) (359) (359)
Stock repurchases............................... (1,571) (1,571) (1,571)
Stock-based compensation
expense............................................. 60 60 60
Stock issued under stock plans .......... (84) 399 315 315
Retirement of common stock............. (1,326) 1,326 — —
Deferred compensation
plan distributions ............................. 1 1 1
Balance at February 1, 2014 .............. 4 2,522 6,235 (1,847) (665) 6,249 — 6,249
Net income......................................... 1,526 1,526 1,526
Other comprehensive loss.................. (407) (407) (407)
Common stock dividends ($1.1875
per share) ......................................... (421) (421) (421)
Stock repurchases............................... (1,901) (1,901) (1,901)
Stock-based compensation
expense .......................................... 72 72 72
Stock issued under stock plans .......... (66) 324 258 258
Retirement of common stock............. (1,480) 1,480 — —
Deferred compensation
plan distributions ............................. 2 2 2
Balance at January 31, 2015 .............. 4 1,048 7,340 (1,942) (1,072) 5,378 — 5,378
Net income (loss) ............................... 1,072 1,072 (2) 1,070
Other comprehensive income ............ 29 29 29
Common stock dividends ($1.3925
per share) ......................................... (456) (456) (456)
Stock repurchases............................... (2,001) (2,001) (2,001)
Stock-based compensation
expense .......................................... 64 64 64
Stock issued under stock plans .......... (64) 226 162 162
Retirement of common stock............. (1) (427) (1,622) 2,050 — —
Deferred compensation
plan distributions ............................. 2 2 2
Macy's China Limited........................ — 5 5
Balance at January 30, 2016 .............. $ 3 $ 621 $ 6,334 $ (1,665) $ (1,043) $ 4,250 $ 3 $ 4,253
The accompanying notes are an integral part of these Consolidated Financial Statements.