v3.26.1
Interest in Master Trust (Tables)
 12 Months Ended
Dec. 31, 2025
EBP 013  
EBP, Master Trust [Line Items]  
Schedule of Master Trust Net Assets
December 31, 2025
December 31, 2024
Investments at Fair Value(in thousands)
Money market fund$19,599 $12,174 
Macy's, Inc. common stock154,119 123,779 
Self-directed brokerage funds33,157 26,911 
Pooled funds:
Domestic equities1,496,591 1,392,739 
International equities193,362 152,528 
Target date funds2,642,009 2,225,997 
Total investments at fair value4,538,837 3,934,128 
Insurance contracts at contract value546,601 545,353 
Total investments5,085,438 4,479,481 
Interest receivable60 52 
Net dividend receivable1,288 1,273 
Due from brokers for securities sold— 347 
Trustee and management fees payable(312)(249)
Total interest in Macy's, Inc. Defined Contributions Plans Master Trust$5,086,474 $4,480,904 
During the years ended December 31, 2025 and December 31, 2024, realized and unrealized gains and interest and dividends on investments held by the Master Trust were as follows:
20252024
(in thousands)
Realized gains$100,914 $55,517 
Unrealized gains609,588 435,686 
Interest and dividends (net of investment expenses)23,443 21,925