What are the answers to question 3? How much did the operating and non-operating income decrease or increase by?
MACY'S, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (millions) 2017 2016 2018 1,098 S 1,555 S (151) Net income........ ......... S Other comprehensive income (loss), net of taxes: Net actuarial gain (loss) and prior service credit on post employment and postretirement benefit plans, net of tax effect of $52 million, $37 million and $42 million.. Reclassifications to net income: Net actuarial loss and prior service cost on post employment and postretirement benefit plans, net of tax effect of $7 million, $13 million and $14 million ....................... Settlement charges, net of tax effect of $23 million, $37 million and $38 million........... Total other comprehensive income (loss)...... Comprehensive income Comprehensive loss attributable to noncontrolling interest. Comprehensive income attributable to Macy's, Inc. shareholders........ $ (63) 1,035 10 172 1,727 1,045 S 1,738 $ 774 The accompanying notes are an integral part of these Consolidated Financial Statements. Chapter 3: Income Statement - Question 2 Review the middle section of your company's income statement. Did operating income (loss) increase or decrease from the prior year and by how much? You may have to compute operating income (loss). Increased by $ Click here to enter text. Decreased by $ 109 Million For use by Professor Kenton Foutty students. Chapter 3: Income Statement - Question 3 Does the middle section of your company's income statement show a non-operating income (loss) increase or decrease from the prior year and by how much? You may have to compute non-operating income (loss). Increased by $_ Click here to enter text.Decreased by $_ 43 MACY'S, INC. CONSOLIDATED STATEMENTS OF INCOME (millions, except per share data) 2018 2017 2016 24,971 S Net sales ................. Credit card revenues, net.......... 24,939 $ 702 25,908 656 768 (15,215) (9,039) (15,181) (8,954) (15,666) (9,257) 209 389 544 (186) (479) (136) 1,738 1,864 1,371 39 57 55 (105) (98) (321) (367) 10 Cost of sales Selling, general and administrative expenses............. Gains on sale of real estate.. Restructuring, impairment, store closing and other costs ......... Operating income.................... Benefit plan income, net........ Settlement charges.................... .. ................. Interest expense. Gains (losses) on early retirement of debt.. Interest income....... Income before income taxes.............. Federal, state and local income tax benefit (expense).......... Net income ............. Net loss attributable to noncontrolling interest... Net income attributable to Macy's, Inc. shareholders...... Basic earnings per share attributable to Macy's, Inc. shareholders............. Diluted earnings per share attributable to Macy's, Inc. shareholders.............. (88) (261) (33) 25 1,420 (322) 1,098 1,516 1,555 ....... $ 1,108 S 1,566 $ ...... $ 3.60 S 5.13 $ 2.03 $ 3.56 $ 5.10 $ 2.02 The accompanying notes are an integral part of these Consolidated Financial Statements. MACY'S, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (millions) 2017 2016 2018 1,098 S 1,555 S (151) Net income........ ......... S Other comprehensive income (loss), net of taxes: Net actuarial gain (loss) and prior service credit on post employment and postretirement benefit plans, net of tax effect of $52 million, $37 million and $42 million.. Reclassifications to net income: Net actuarial loss and prior service cost on post employment and postretirement benefit plans, net of tax effect of $7 million, $13 million and $14 million ....................... Settlement charges, net of tax effect of $23 million, $37 million and $38 million........... Total other comprehensive income (loss)...... Comprehensive income Comprehensive loss attributable to noncontrolling interest. Comprehensive income attributable to Macy's, Inc. shareholders........ $ (63) 1,035 10 172 1,727 1,045 S 1,738 $ 774 The accompanying notes are an integral part of these Consolidated Financial Statements. Chapter 3: Income Statement - Question 2 Review the middle section of your company's income statement. Did operating income (loss) increase or decrease from the prior year and by how much? You may have to compute operating income (loss). Increased by $ Click here to enter text. Decreased by $ 109 Million For use by Professor Kenton Foutty students. Chapter 3: Income Statement - Question 3 Does the middle section of your company's income statement show a non-operating income (loss) increase or decrease from the prior year and by how much? You may have to compute non-operating income (loss). Increased by $_ Click here to enter text.Decreased by $_ 43 MACY'S, INC. CONSOLIDATED STATEMENTS OF INCOME (millions, except per share data) 2018 2017 2016 24,971 S Net sales ................. Credit card revenues, net.......... 24,939 $ 702 25,908 656 768 (15,215) (9,039) (15,181) (8,954) (15,666) (9,257) 209 389 544 (186) (479) (136) 1,738 1,864 1,371 39 57 55 (105) (98) (321) (367) 10 Cost of sales Selling, general and administrative expenses............. Gains on sale of real estate.. Restructuring, impairment, store closing and other costs ......... Operating income.................... Benefit plan income, net........ Settlement charges.................... .. ................. Interest expense. Gains (losses) on early retirement of debt.. Interest income....... Income before income taxes.............. Federal, state and local income tax benefit (expense).......... Net income ............. Net loss attributable to noncontrolling interest... Net income attributable to Macy's, Inc. shareholders...... Basic earnings per share attributable to Macy's, Inc. shareholders............. Diluted earnings per share attributable to Macy's, Inc. shareholders.............. (88) (261) (33) 25 1,420 (322) 1,098 1,516 1,555 ....... $ 1,108 S 1,566 $ ...... $ 3.60 S 5.13 $ 2.03 $ 3.56 $ 5.10 $ 2.02 The accompanying notes are an integral part of these Consolidated Financial Statements
