The TJX Companies, Inc. (TJX) 10-Q 26 Aug 22 2023 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jul. 30, 2022	Aug. 19, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 30, 2022
Document Transition Report	false
Entity File Number	1-4908
Entity Registrant Name	The TJX Companies, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	04-2207613
Entity Address, Address Line One	770 Cochituate Road
Entity Address, City or Town	Framingham
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	01701
City Area Code	508
Local Phone Number	390-1000
Title of 12(b) Security	Common Stock, par value $1.00 per share
Trading Symbol	TJX
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,161,052,961
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000109198
Current Fiscal Year End Date	--01-28

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Income Statement [Abstract]
Net sales	$ 11,843,008	$ 12,077,063	$ 23,249,482	$ 22,163,724
Cost of sales, including buying and occupancy costs	8,571,550	8,528,130	16,794,763	15,783,765
Selling, general and administrative expenses	2,174,861	2,223,692	4,269,443	4,288,684
Impairment on equity investment	0	0	217,619	0
Loss on early extinguishment of debt	0	242,248	0	242,248
Interest expense, net	11,007	28,661	29,792	73,349
Income before income taxes	1,085,590	1,054,332	1,937,865	1,775,678
Provision for income taxes	276,250	268,651	541,052	456,067
Net income	$ 809,340	$ 785,681	$ 1,396,813	$ 1,319,611
Basic earnings per share (in dollars per share)	$ 0.69	$ 0.65	$ 1.19	$ 1.09
Weighted average common shares – basic (in shares)	1,167,922	1,205,054	1,172,531	1,205,247
Diluted earnings per share (in dollars per share)	$ 0.69	$ 0.64	$ 1.18	$ 1.08
Weighted average common shares – diluted (in shares)	1,178,140	1,220,615	1,183,704	1,221,012

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 809,340	$ 785,681	$ 1,396,813	$ 1,319,611
Additions to other comprehensive (loss) income:
Foreign currency translation adjustments, net of related tax provision of $409 in fiscal 2023 and tax benefit of $1,140 in fiscal 2022	(30,935)	(876)	(88,547)	21,373
Reclassifications from other comprehensive (loss) to net income:
Amortization of prior service cost and deferred gains/losses, net of related tax provisions of $1,376 in fiscal 2023 and $1,590 in fiscal 2022	3,778	4,368	7,556	7,269
Amortization of loss on cash flow hedge, net of related tax provision of $— in fiscal 2022			0	(263)
Other comprehensive (loss) income, net of tax	(27,157)	3,492	(80,991)	28,379
Total comprehensive income	$ 782,183	$ 789,173	$ 1,315,822	$ 1,347,990

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021	Jan. 29, 2022
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustments, tax provision (benefit)	$ 409	$ (1,140)	$ (165)	$ 1,758	$ 207
Amortization of prior service cost and deferred gains/losses, tax provision	$ 1,376	$ 1,590	$ 2,751	2,646	4,588
Amortization of loss on cash flow hedge, tax provision				$ 603	$ 603

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 30, 2022	Jan. 29, 2022	Jul. 31, 2021
Current assets:
Cash and cash equivalents	$ 3,531,212	$ 6,226,765	$ 7,106,016
Accounts receivable, net	555,691	517,623	615,634
Merchandise inventories	7,083,260	5,961,573	5,086,631
Prepaid expenses and other current assets	552,480	438,099	459,046
Federal, state and foreign income taxes recoverable	112,122	114,537	121,703
Total current assets	11,834,765	13,258,597	13,389,030
Net property at cost	5,389,735	5,270,827	5,107,346
Non-current deferred income taxes, net	171,723	184,971	127,483
Operating lease right of use assets	8,986,682	8,853,934	9,183,258
Goodwill	96,648	96,662	97,972
Other assets	611,053	796,467	878,357
Total assets	27,090,606	28,461,458	28,783,446
Current liabilities:
Accounts payable	4,085,478	4,465,427	4,413,316
Accrued expenses and other current liabilities	3,928,610	4,244,997	3,968,968
Current portion of operating lease liabilities	1,571,508	1,576,561	1,612,603
Current portion of long-term debt	499,646	0	0
Federal, state and foreign income taxes payable	61,877	181,155	47,171
Total current liabilities	10,147,119	10,468,140	10,042,058
Other long-term liabilities	916,663	1,015,720	1,072,847
Non-current deferred income taxes, net	67,030	44,175	3,451
Long-term operating lease liabilities	7,706,002	7,575,590	7,905,814
Long-term debt	2,857,143	3,354,841	3,352,892
Commitments and contingencies (See Note K)
Shareholders’ equity
Preferred stock, authorized 5,000,000 shares, par value $1, no shares issued	0	0	0
Common stock, authorized 1,800,000,000 shares, par value $1, issued and outstanding 1,161,886,769; 1,181,188,731 and 1,202,980,524 respectively	1,161,887	1,181,189	1,202,981
Additional paid-in capital	0	0	117,603
Accumulated other comprehensive loss	(768,141)	(687,150)	(577,692)
Retained earnings	5,002,903	5,508,953	5,663,492
Total shareholders’ equity	5,396,649	6,002,992	6,406,384
Total liabilities and shareholders’ equity	$ 27,090,606	$ 28,461,458	$ 28,783,446

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jul. 30, 2022	Jan. 29, 2022	Jul. 31, 2021
Statement of Financial Position [Abstract]
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000	5,000,000
Preferred stock, par value ($ per share)	$ 1	$ 1	$ 1
Preferred stock, shares issued (in shares)	0	0	0
Common stock, shares authorized (in shares)	1,800,000,000	1,800,000,000	1,800,000,000
Common stock, par value ($ per share)	$ 1	$ 1	$ 1
Common stock, shares issued (in shares)	1,161,886,769	1,181,188,731	1,202,980,524
Common stock, shares outstanding (in shares)	1,161,886,769	1,181,188,731	1,202,980,524

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021
Cash flows from operating activities:
Net income	$ 1,396,813	$ 1,319,611
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	437,733	430,561
Loss on early extinguishment of debt	0	242,248
Impairment on equity investment	217,619	0
Loss on property disposals and impairment charges	5,232	482
Deferred income tax provision (benefit)	25,867	(39,258)
Share-based compensation	58,186	114,121
Changes in assets and liabilities:
(Increase) in accounts receivable	(47,758)	(154,350)
(Increase) in merchandise inventories	(1,206,761)	(733,035)
Decrease (increase) in income taxes recoverable	2,415	(85,441)
(Increase) decrease in prepaid expenses and other current assets	(49,755)	19,738
(Decrease) in accounts payable	(311,338)	(425,274)
(Decrease) increase in accrued expenses and other liabilities	(392,606)	468,039
(Decrease) in income taxes payable	(122,617)	(34,819)
Increase (decrease) in net operating lease liabilities	5,771	(96,648)
Other, net	(12,564)	(79,096)
Net cash provided by operating activities	6,237	946,879
Cash flows from investing activities:
Property additions	(693,495)	(444,944)
Purchases of investments	(20,901)	(12,182)
Sales and maturities of investments	11,013	14,365
Net cash (used in) investing activities	(703,383)	(442,761)
Cash flows from financing activities:
Payments on debt	0	(2,975,518)
Payments for Repurchase of Common Stock	(1,307,202)	(297,099)
Cash dividends paid	(655,213)	(628,859)
Proceeds from issuance of common stock	49,982	62,510
Payments of employee tax withholdings for stock awards	(32,454)	(24,478)
Net cash (used in) financing activities	(1,944,887)	(3,863,444)
Effect of exchange rate changes on cash	(53,520)	(4,228)
Net (decrease) in cash and cash equivalents	(2,695,553)	(3,363,554)
Cash and cash equivalents at beginning of year	6,226,765	10,469,570
Cash and cash equivalents at end of period	$ 3,531,212	$ 7,106,016

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Loss	Retained Earnings
Beginning balance (in shares) at Jan. 30, 2021		1,204,698,000
Beginning balance at Jan. 30, 2021	$ 5,832,684	$ 1,204,698	$ 260,515	$ (606,071)	$ 4,973,542
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,319,611				1,319,611
Other comprehensive income (loss), net of tax	28,379			28,379
Cash dividends declared on common stock	(629,314)				(629,314)
Recognition of share-based compensation	114,121		114,121
Issuance of common stock under stock incentive plan, and related tax effect (in shares)		2,794,000
Issuance of common stock under stock incentive plan, and related tax effect	38,002	$ 2,794	35,555		(347)
Common stock repurchased (in shares)		(4,511,000)
Common stock repurchased	$ (297,099)	$ (4,511)	(292,588)		0
Ending balance (in shares) at Jul. 31, 2021	1,202,980,524	1,202,981,000
Ending balance at Jul. 31, 2021	$ 6,406,384	$ 1,202,981	117,603	(577,692)	5,663,492
Beginning balance (in shares) at May. 01, 2021		1,206,387,000
Beginning balance at May. 01, 2021	6,139,214	$ 1,206,387	321,475	(581,184)	5,192,536
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	785,681				785,681
Other comprehensive income (loss), net of tax	3,492			3,492
Cash dividends declared on common stock	(314,378)				(314,378)
Recognition of share-based compensation	63,585		63,585
Issuance of common stock under stock incentive plan, and related tax effect (in shares)		1,105,000
Issuance of common stock under stock incentive plan, and related tax effect	25,889	$ 1,105	25,131		(347)
Common stock repurchased (in shares)		(4,511,000)
Common stock repurchased	$ (297,099)	$ (4,511)	(292,588)		0
Ending balance (in shares) at Jul. 31, 2021	1,202,980,524	1,202,981,000
Ending balance at Jul. 31, 2021	$ 6,406,384	$ 1,202,981	117,603	(577,692)	5,663,492
Beginning balance (in shares) at Jan. 29, 2022	1,181,188,731	1,181,189,000
Beginning balance at Jan. 29, 2022	$ 6,002,992	$ 1,181,189	0	(687,150)	5,508,953
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,396,813				1,396,813
Other comprehensive income (loss), net of tax	(80,991)			(80,991)
Cash dividends declared on common stock	(690,202)				(690,202)
Recognition of share-based compensation	58,186		58,186
Issuance of common stock under stock incentive plan, and related tax effect (in shares)		2,167,000
Issuance of common stock under stock incentive plan, and related tax effect	17,053	$ 2,167	15,485		(599)
Common stock repurchased (in shares)		(21,469,000)
Common stock repurchased	$ (1,307,202)	$ (21,469)	(73,671)		(1,212,062)
Ending balance (in shares) at Jul. 30, 2022	1,161,886,769	1,161,887,000
Ending balance at Jul. 30, 2022	$ 5,396,649	$ 1,161,887	0	(768,141)	5,002,903
Beginning balance (in shares) at Apr. 30, 2022		1,172,711,000
Beginning balance at Apr. 30, 2022	5,595,440	$ 1,172,711	0	(740,984)	5,163,713
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	809,340				809,340
Other comprehensive income (loss), net of tax	(27,157)			(27,157)
Cash dividends declared on common stock	(343,280)				(343,280)
Recognition of share-based compensation	30,850		30,850
Issuance of common stock under stock incentive plan, and related tax effect (in shares)		1,022,000
Issuance of common stock under stock incentive plan, and related tax effect	31,457	$ 1,022	31,034		(599)
Common stock repurchased (in shares)		(11,846,000)
Common stock repurchased	$ (700,001)	$ (11,846)	(61,884)		(626,271)
Ending balance (in shares) at Jul. 30, 2022	1,161,886,769	1,161,887,000
Ending balance at Jul. 30, 2022	$ 5,396,649	$ 1,161,887	$ 0	$ (768,141)	$ 5,002,903

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	Jul. 30, 2022	Apr. 30, 2022	Jan. 29, 2022	Jul. 31, 2021	May 01, 2021	Jan. 30, 2021
Statement of Stockholders' Equity [Abstract]
Common stock, par value ($ per share)	$ 1	$ 1	$ 1	$ 1	$ 1	$ 1

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Jul. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation The Consolidated Financial Statements and Notes thereto have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. These Consolidated Financial Statements and Notes thereto are unaudited and, in the opinion of management, reflect all normal recurring adjustments, accruals and deferrals among periods required to match costs properly with the related revenue or activity, considered necessary by The TJX Companies, Inc. (together with its subsidiaries, “TJX”) for a fair statement of its Consolidated Financial Statements for the periods reported, all in conformity with GAAP consistently applied. Investments for which the Company exercises significant influence but does not have control are accounted for under the equity method. The Consolidated Financial Statements and Notes thereto should be read in conjunction with the audited Consolidated Financial Statements, including the related notes, contained in TJX’s Annual Report on Form 10-K for the fiscal year ended January 29, 2022 (“fiscal 2022”). These interim results are not necessarily indicative of results for the full fiscal year. TJX’s business, in common with the businesses of retailers generally, is subject to seasonal influences, with higher levels of sales and income generally realized in the second half of the year. The January 29, 2022 balance sheet data was derived from audited Consolidated Financial Statements and does not include all disclosures required by GAAP. Fiscal Year TJX’s fiscal year ends on the Saturday nearest to the last day of January of each year. The current fiscal year ends January 28, 2023 (“fiscal 2023”) and is a 52-week fiscal year. Fiscal 2022 was also a 52-week fiscal year. Fiscal 2024 will be a 53-week fiscal year and will end February 3, 2024. Use of Estimates The preparation of financial statements, in conformity with GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements as well as the reported amounts of revenues and expenses during the reporting period. TJX considers its accounting policies relating to inventory valuation, reserves for uncertain tax positions and loss contingencies to be the most significant accounting policies that involve management estimates and judgments. Actual amounts could differ from these estimates, and such differences could be material. Equity Investment In fiscal 2020, the Company acquired a minority ownership stake in privately held Familia, an off-price retailer of apparel and home fashions domiciled in Luxembourg that operates stores throughout Russia. During the quarter ended April 30, 2022, the Company announced that it had committed to divesting its minority investment and as a result, the Company performed an impairment analysis of this investment. Based on this analysis the Company concluded that there was an other-than-temporary impairment of this investment and recorded an impairment charge of $218 million representing the entirety of the Company’s investment. See Note F—Fair Value Measurements for additional information. Deferred Gift Card Revenue The following table presents deferred gift card revenue activity: In thousands July 30, July 31, Balance, beginning of year $ 685,202 $ 576,187 Deferred revenue 852,192 769,970 Effect of exchange rates changes on deferred revenue (3,288) 2,041 Revenue recognized (905,519) (802,194) Balance, end of period $ 628,587 $ 546,004 TJX recognized $462 million in gift card revenue for the three months ended July 30, 2022 and $436 million in gift card revenue for the three months ended July 31, 2021. Gift cards are combined in one homogeneous pool and are not separately identifiable. As such, the revenue recognized consists of gift cards that were part of the deferred revenue balance at the beginning of the period as well as gift cards that were issued during the period. Leases Supplemental cash flow information related to leases is as follows: Twenty-Six Weeks Ended In thousands July 30, July 31, Operating cash flows paid for operating leases $ 972,062 $ 1,061,163 Lease liabilities arising from obtaining right of use assets $ 1,151,045 $ 1,016,813 Future Adoption of New Accounting Standards From time to time, the Financial Accounting Standards Board (“FASB”) or other standard setting bodies issue new accounting pronouncements. Updates to the FASB Accounting Standards Codification are communicated through issuance of an Accounting Standards Update (“ASU”). The Company has reviewed the new guidance and has determined that it will either not apply to TJX or is not expected to be material to its Consolidated Financial Statements upon adoption and therefore, the guidance is not disclosed.

Property at Cost

Property at Cost	6 Months Ended
	Jul. 30, 2022
Property, Plant and Equipment [Abstract]
Property at Cost	Property at Cost The following table presents the components of property at cost: In thousands July 30, January 29, July 31, Land and buildings $ 1,960,479 $ 1,911,569 $ 1,771,907 Leasehold costs and improvements 3,666,573 3,652,280 3,634,959 Furniture, fixtures and equipment 7,080,322 6,871,777 6,692,117 Total property at cost $ 12,707,374 $ 12,435,626 $ 12,098,983 Less: accumulated depreciation and amortization 7,317,639 7,164,799 6,991,637 Net property at cost $ 5,389,735 $ 5,270,827 $ 5,107,346 Depreciation expense was $216 million for the three months ended July 30, 2022 and $213 million for the three months ended July 31, 2021. Depreciation expense was $434 million for the six months ended July 30, 2022 and $425 million for the six months ended July 31, 2021.

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss) Income	6 Months Ended
	Jul. 30, 2022
Equity [Abstract]
Accumulated Other Comprehensive (Loss) Income	Accumulated Other Comprehensive (Loss) Income Amounts included in Accumulated other comprehensive loss are recorded net of taxes. The following table details the changes in Accumulated other comprehensive loss for the twelve months ended January 29, 2022 and the six months ended July 30, 2022: In thousands Foreign Deferred Cash Accumulated Balance, January 30, 2021 $ (441,532) $ (164,802) $ 263 $ (606,071) Additions to other comprehensive loss: Foreign currency translation adjustments (net of taxes of $207) (46,715) — — (46,715) Recognition of net gains/losses on benefit obligations (net of taxes of $17,659) — (48,504) — (48,504) Reclassifications from other comprehensive loss to net income: Amortization of loss on cash flow hedge (net of taxes of $603) — — (263) (263) Amortization of prior service cost and deferred gains/losses (net of taxes of $4,588) — 14,403 — 14,403 Balance, January 29, 2022 $ (488,247) $ (198,903) $ — $ (687,150) Additions to other comprehensive loss: Foreign currency translation adjustments (net of taxes of $165) (88,547) (88,547) Reclassifications from other comprehensive loss to net income: Amortization of prior service cost and deferred gains/losses (net of taxes of $2,751) — 7,556 — 7,556 Balance, July 30, 2022 $ (576,794) $ (191,347) $ — $ (768,141)

Capital Stock and Earnings Per

Capital Stock and Earnings Per Share	6 Months Ended
	Jul. 30, 2022
Equity [Abstract]
Capital Stock and Earnings Per Share	Capital Stock and Earnings Per Share Capital Stock TJX repurchased and retired 11.8 million shares of its common stock at a cost of approximately $0.7 billion during the quarter ended July 30, 2022, on a “trade date” basis. During the six months ended July 30, 2022, TJX repurchased and retired 21.4 million shares of its common stock at a cost of approximately $1.3 billion, on a “trade date” basis. TJX reflects stock repurchases in its consolidated financial statements on a “settlement date” or cash basis. TJX had cash expenditures under repurchase programs of $1.3 billion for the six months ended July 30, 2022 and $0.3 billion for the six months ended July 31, 2021. These expenditures were funded by cash generated from current and prior period operations. In February 2022, the Company announced that its Board of Directors had approved a new stock repurchase program that authorizes the repurchase of up to an additional $3.0 billion of TJX common stock from time to time. Under this program TJX had approximately $2.5 billion available for repurchase as of July 30, 2022. All shares repurchased under the stock repurchase programs have been retired. Earnings Per Share The following table presents the calculation of basic and diluted earnings per share: Thirteen Weeks Ended Twenty-Six Weeks Ended Amounts in thousands, except per share amounts July 30, July 31, July 30, July 31, Basic earnings per share: Net income $ 809,340 $ 785,681 $ 1,396,813 $ 1,319,611 Weighted average common shares outstanding for basic earnings per share calculation 1,167,922 1,205,054 1,172,531 1,205,247 Basic earnings per share $ 0.69 $ 0.65 $ 1.19 $ 1.09 Diluted earnings per share: Net income $ 809,340 $ 785,681 $ 1,396,813 $ 1,319,611 Weighted average common shares outstanding for basic earnings per share calculation 1,167,922 1,205,054 1,172,531 1,205,247 Assumed exercise / vesting of stock options and awards 10,218 15,561 11,173 15,765 Weighted average common shares outstanding for diluted earnings per share calculation 1,178,140 1,220,615 1,183,704 1,221,012 Diluted earnings per share $ 0.69 $ 0.64 $ 1.18 $ 1.08 Cash dividends declared per share $ 0.295 $ 0.26 $ 0.59 $ 0.52 The weighted average common shares for the diluted earnings per share calculation excludes the impact of outstanding stock options if the assumed proceeds per share of the option is in excess of the average price of TJX’s common stock for the related fiscal period. Such options are excluded because they would have an antidilutive effect. There were 5.1 million such options excluded for the thirteen weeks and twenty-six weeks ended July 30, 2022. There were no such options excluded for the thirteen weeks and twenty-six weeks ended July 31, 2021.

Financial Instruments

Financial Instruments	6 Months Ended
	Jul. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Financial Instruments As a result of its operating and financing activities, TJX is exposed to market risks from changes in interest and foreign currency exchange rates and fuel costs. These market risks may adversely affect TJX’s operating results and financial position. TJX seeks to minimize risk from changes in interest and foreign currency exchange rates and fuel costs through the use of derivative financial instruments when and to the extent deemed appropriate. TJX does not use derivative financial instruments for trading or other speculative purposes and does not use any leveraged derivative financial instruments. TJX recognizes all derivative instruments as either assets or liabilities in the Consolidated Balance Sheet and measures those instruments at fair value. The fair values of the derivatives are classified as assets or liabilities, current or non-current, based upon valuation results and settlement dates of the individual contracts. Changes to the fair value of derivative contracts that do not qualify for hedge accounting are reported in earnings in the period of the change. For derivatives that qualify for hedge accounting, changes in the fair value of the derivatives are either recorded in shareholders’ equity as a component of Accumulated other comprehensive loss or are recognized currently in earnings, along with an offsetting adjustment against the basis of the item being hedged. Diesel Fuel Contracts TJX hedges portions of its estimated notional diesel requirements based on the diesel fuel expected to be consumed by independent freight carriers transporting TJX’s inventory. Independent freight carriers transporting TJX’s inventory charge TJX a mileage surcharge based on the price of diesel fuel. The hedge agreements are designed to mitigate the volatility of diesel fuel pricing, and the resulting per mile surcharges payable by TJX, by setting a fixed price per gallon for the period being hedged. During fiscal 2022, TJX entered into agreements to hedge a portion of its estimated notional diesel requirements for fiscal 2023, and during the first six months of fiscal 2023, TJX entered into agreements to hedge a portion of its estimated notional diesel requirements for the first six months of fiscal 2024. The hedge agreements outstanding at July 30, 2022 relate to approximately 54% of TJX’s estimated notional diesel requirements for the remainder of fiscal 2023 and approximately 47% of TJX’s estimated notional diesel requirements for the first six months of fiscal 2024. These diesel fuel hedge agreements will settle throughout fiscal 2023 and throughout the first seven months of fiscal 2024. TJX elected not to apply hedge accounting to these contracts. Foreign Currency Contracts TJX enters into forward foreign currency exchange contracts to obtain economic hedges on portions of merchandise purchases made and anticipated to be made by the Company’s operations in currencies other than their respective functional currencies. The contracts outstanding at July 30, 2022 cover merchandise purchases the Company is committed to over the next several months. Additionally, TJX’s operations in Europe are subject to foreign currency exposure as a result of their buying function being centralized in the U.K. All merchandise is purchased centrally in the U.K. and then shipped and billed to the retail entities in other countries. This intercompany billing to TJX’s European businesses’ Euro denominated operations creates exposure to the central buying entity for changes in the exchange rate between the Euro and British Pound. A portion of the inflows of Euros to the central buying entity provides a natural hedge for merchandise purchased from third-party vendors that is denominated in Euros. TJX calculates any excess Euro exposure each month and enters into forward contracts of approximately 30 days' duration to mitigate this exposure. TJX also enters into derivative contracts, generally designated as fair value hedges, to hedge intercompany debt. The changes in fair value of these contracts are recorded in Selling, general and administrative expenses and are offset by marking the underlying item to fair value in the same period. Upon settlement, the realized gains and losses on these contracts are offset by the realized gains and losses of the underlying item in Selling, general and administrative expenses. The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at July 30, 2022: In thousands Pay Receive Blended Balance Sheet Current Current Net Fair Value in U.S.$ at July 30, Fair value hedges: Intercompany balances, primarily debt related: € 60,000 £ 50,568 0.8428 Prepaid Exp $ 343 $ — $ 343 A$ 170,000 U.S.$ 119,579 0.7034 Prepaid Exp / (Accrued Exp) 810 (1,040) (230) U.S.$ 74,646 £ 55,000 0.7368 (Accrued Exp) — (6,831) (6,831) £ 150,000 U.S.$ 203,667 1.3578 Prepaid Exp 19,059 — 19,059 € 200,000 U.S.$ 223,126 1.1156 Prepaid Exp / (Accrued Exp) 14,663 (117) 14,546 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Fixed on 2.6M – 3.9M gal per month Float on 2.6M – 3.9M gal per month N/A Prepaid Exp 38,234 — 38,234 Intercompany billings in TJX International, primarily merchandise related: € 205,500 £ 173,888 0.8462 Prepaid Exp 2,145 — 2,145 Merchandise purchase commitments: C$ 807,155 U.S.$ 635,000 0.7867 Prepaid Exp / (Accrued Exp) 6,657 (984) 5,673 C$ 25,978 € 19,000 0.7314 (Accrued Exp) — (685) (685) £ 439,682 U.S.$ 569,000 1.2941 Prepaid Exp / (Accrued Exp) 29,989 (2,151) 27,838 A$ 71,070 U.S.$ 50,750 0.7141 Prepaid Exp / (Accrued Exp) 1,055 (364) 691 zł 701,000 £ 124,092 0.1770 Prepaid Exp / (Accrued Exp) 2,215 (34) 2,181 U.S.$ 113,734 € 104,500 0.9188 Prepaid Exp / (Accrued Exp) 110 (5,970) (5,860) Total fair value of derivative financial instruments $ 115,280 $ (18,176) $ 97,104 The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at January 29, 2022: In thousands Pay Receive Blended Balance Sheet Current Current Net Fair Value in U.S.$ at January 29, Fair value hedges: Intercompany balances, primarily debt related: zł 25,000 £ 4,541 0.1816 Prepaid Exp $ 72 $ — $ 72 € 60,000 £ 50,568 0.8428 Prepaid Exp 111 — 111 A$ 170,000 U.S.$ 122,061 0.7180 Prepaid Exp 2,047 — 2,047 U.S.$ 74,646 £ 55,000 0.7368 (Accrued Exp) — (918) (918) € 200,000 U.S.$ 230,319 1.1516 Prepaid Exp 4,535 — 4,535 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Fixed on 3.6M – 4.0M gal per month Float on 3.6M– 4.0M gal per month N/A Prepaid Exp 23,649 — 23,649 Intercompany billings in TJX International, primarily merchandise related: € 91,000 £ 75,894 0.8340 (Accrued Exp) — (145) (145) Merchandise purchase commitments: C$ 987,756 U.S.$ 783,000 0.7927 Prepaid Exp / (Accrued Exp) 6,641 (80) 6,561 C$ 38,138 € 26,500 0.6948 (Accrued Exp) — (248) (248) £ 325,482 U.S.$ 442,100 1.3583 Prepaid Exp / (Accrued Exp) 6,023 (632) 5,391 zł 453,000 £ 82,112 0.1813 Prepaid Exp / (Accrued Exp) 744 (449) 295 A$ 65,551 U.S.$ 47,500 0.7246 Prepaid Exp 1,270 — 1,270 U.S.$ 66,989 € 59,000 0.8807 (Accrued Exp) — (820) (820) Total fair value of derivative financial instruments $ 45,092 $ (3,292) $ 41,800 The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at July 31, 2021: In thousands Pay Receive Blended Balance Sheet Current Current Net Fair Value in U.S.$ at July 31, Fair value hedges: Intercompany balances, primarily debt related: zł 45,000 £ 8,846 0.1966 Prepaid Exp $ 562 $ — $ 562 A$ 110,000 U.S.$ 84,198 0.7654 Prepaid Exp 3,100 — 3,100 U.S.$ 75,102 £ 55,000 0.7323 Prepaid Exp 1,351 — 1,351 £ 250,000 U.S.$ 346,344 1.3854 Prepaid Exp / (Accrued Exp) 426 (1,504) (1,078) € 170,000 U.S.$ 207,623 1.2213 Prepaid Exp / (Accrued Exp) 5,169 (143) 5,026 C$ 150,000 U.S.$ 124,009 0.8267 Prepaid Exp 3,698 — 3,698 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Fixed on 3.3M – 4.0M gal per month Float on 3.3M – 4.0M gal per month N/A Prepaid Exp 21,805 — 21,805 Intercompany billings in TJX International, primarily merchandise related: € 98,000 £ 84,053 0.8577 Prepaid Exp 343 — 343 Merchandise purchase commitments: C$ 630,947 U.S.$ 512,000 0.8115 Prepaid Exp / (Accrued Exp) 7,066 (1,132) 5,934 C$ 34,928 € 23,500 0.6728 Prepaid Exp / (Accrued Exp) 93 (161) (68) £ 396,740 U.S.$ 555,900 1.4012 Prepaid Exp / (Accrued Exp) 5,202 (678) 4,524 A$ 52,396 U.S.$ 39,225 0.7486 Prepaid Exp / (Accrued Exp) 656 (36) 620 zł 400,100 £ 75,659 0.1891 Prepaid Exp / (Accrued Exp) 961 (126) 835 U.S.$ 55,198 € 45,000 0.8152 (Accrued Exp) — (1,713) (1,713) Total fair value of derivative financial instruments $ 50,432 $ (5,492) $ 44,940 The impact of derivative financial instruments on the Consolidated Statements of Income is presented below: Amount of Gain (Loss) Recognized Location of Gain (Loss) Recognized in Income by Derivative Thirteen Weeks Ended Twenty-Six Weeks Ended In thousands July 30, July 31, July 30, July 31, Fair value hedges: Intercompany balances, primarily debt related Selling, general and administrative expenses $ 8,961 $ 15,417 $ 33,356 $ 12,553 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Cost of sales, including buying and occupancy costs 9,356 7,276 53,529 20,846 Intercompany billings in TJX International, primarily merchandise related Cost of sales, including buying and occupancy costs 252 3,427 (118) 3,545 Merchandise purchase commitments Cost of sales, including buying and occupancy costs 7,465 11,710 48,394 (4,259) Gain recognized in income $ 26,034 $ 37,830 $ 135,161 $ 32,685

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jul. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date or “exit price”. The inputs used to measure fair value are generally classified into the following hierarchy: Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities Level 2: Unadjusted quoted prices in active markets for similar assets or liabilities, or unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or inputs other than quoted prices that are observable for the asset or liability Level 3: Unobservable inputs for the asset or liability The following table sets forth TJX’s financial assets and liabilities that are accounted for at fair value on a recurring basis: In thousands July 30, January 29, July 31, Level 1 Assets: Executive Savings Plan investments $ 364,333 $ 387,666 $ 394,078 Level 2 Assets: Foreign currency exchange contracts $ 77,046 $ 21,443 $ 28,627 Diesel fuel contracts 38,234 23,649 21,805 Liabilities: Foreign currency exchange contracts $ 18,176 $ 3,292 $ 5,492 Investments designed to meet obligations under the Executive Savings Plan are invested in registered investment companies traded in active markets and are recorded at unadjusted quoted prices. Foreign currency exchange contracts and diesel fuel contracts are valued using broker quotations, which include observable market information. TJX does not make adjustments to quotes or prices obtained from brokers or pricing services but does assess the credit risk of counterparties and will adjust final valuations when appropriate. Where independent pricing services provide fair values, TJX obtains an understanding of the methods used in pricing. As such, these instruments are classified within Level 2. The fair value of TJX’s general corporate debt was estimated by obtaining market quotes given the trading levels of other bonds of the same general issuer type and market perceived credit quality. These inputs are considered to be Level 2. The fair value of long-term debt as of July 30, 2022 was $2.7 billion compared to a carrying value of $2.9 billion. The fair value of the current portion of long-term debt as of July 30, 2022 was $0.5 billion compared to a carrying value of $0.5 billion. The fair value of long-term debt as of January 29, 2022 was $3.5 billion compared to a carrying value of $3.4 billion. The fair value of long-term debt as of July 31, 2021 was $3.7 billion compared to a carrying value of $3.4 billion. These estimates do not necessarily reflect provisions or restrictions in the various debt agreements that might affect TJX’s ability to settle these obligations. For additional information on long-term debt, see Note I—Long-Term Debt and Credit Lines. TJX’s cash equivalents are stated at cost, which approximates fair value due to the short maturities of these instruments. Certain assets and liabilities are measured at fair value on a nonrecurring basis, whereas the majority of assets and liabilities are not measured at fair value on an ongoing basis, but are subject to fair value adjustments in certain circumstances, such as when there is evidence of an impairment. For the periods ended July 30, 2022, January 29, 2022 and July 31, 2021, the Company did not record any material impairments to long-lived assets.

Segment Information

Segment Information	6 Months Ended
	Jul. 30, 2022
Segment Reporting [Abstract]
Segment Information	Segment Information TJX operates four main business segments. The Marmaxx segment (T.J. Maxx, Marshalls, tjmaxx.com and marshalls.com) and the HomeGoods segment (HomeGoods, Homesense, and homegoods.com) both operate in the United States, the TJX Canada segment operates Winners, HomeSense and Marshalls in Canada, and the TJX International segment operates T.K. Maxx, Homesense and tkmaxx.com in Europe and T.K. Maxx in Australia. In addition to the Company’s four main business segments, Sierra operates sierra.com and retail stores in the U.S. The results of Sierra are included in the Marmaxx segment. All of TJX’s stores, with the exception of HomeGoods and HomeSense, sell family apparel and home fashions. HomeGoods and HomeSense offer home fashions. TJX evaluates the performance of its segments based on “segment profit or loss,” which it defines as pre-tax income or loss before general corporate expense, interest expense, net and certain separately disclosed unusual or infrequent items. “Segment profit or loss,” as defined by TJX, may not be comparable to similarly titled measures used by other entities. This measure of performance should not be considered an alternative to net income or cash flows from operating activities as an indicator of TJX’s performance or as a measure of liquidity. Presented below is financial information with respect to TJX’s business segments: Thirteen Weeks Ended Twenty-Six Weeks Ended In thousands July 30, July 31, July 30, July 31, Net sales: In the United States: Marmaxx $ 7,235,219 $ 7,348,931 $ 14,107,489 $ 13,989,417 HomeGoods 1,856,313 2,083,261 3,892,098 4,225,017 TJX Canada 1,248,706 1,021,549 2,330,234 1,787,085 TJX International 1,502,770 1,623,322 2,919,661 2,162,205 Total net sales $ 11,843,008 $ 12,077,063 $ 23,249,482 $ 22,163,724 Segment profit (loss): In the United States: Marmaxx $ 933,177 $ 1,014,175 $ 1,837,399 $ 1,839,030 HomeGoods 49,616 182,526 171,601 434,128 TJX Canada 197,772 118,686 324,390 190,263 TJX International 104,615 173,456 117,847 (48,102) Total segment profit 1,285,180 1,488,843 2,451,237 2,415,319 General corporate expense 188,583 163,602 265,961 324,044 Impairment on equity investment — — 217,619 — Loss on early extinguishment of debt — 242,248 — 242,248 Interest expense, net 11,007 28,661 29,792 73,349 Income before income taxes $ 1,085,590 $ 1,054,332 $ 1,937,865 $ 1,775,678

Pension Plans and Other Retirem

Pension Plans and Other Retirement Benefits	6 Months Ended
	Jul. 30, 2022
Retirement Benefits [Abstract]
Pension Plans and Other Retirement Benefits	Pension Plans and Other Retirement Benefits Presented below is financial information relating to TJX’s funded defined benefit pension plan (“qualified pension plan” or “funded plan”) and its unfunded supplemental pension plan (“unfunded plan”) for the periods shown: Funded Plan Unfunded Plan Thirteen Weeks Ended Thirteen Weeks Ended In thousands July 30, July 31, July 30, July 31, Service cost $ 12,168 $ 12,718 $ 728 $ 755 Interest cost 14,426 13,188 931 780 Expected return on plan assets (22,229) (23,992) — — Amortization of net actuarial loss and prior service cost 4,276 4,697 878 1,155 Total expense $ 8,641 $ 6,611 $ 2,537 $ 2,690 Funded Plan Unfunded Plan Twenty-Six Weeks Ended Twenty-Six Weeks Ended In thousands July 30, July 31, July 30, July 31, Service cost $ 24,336 $ 24,937 $ 1,455 $ 1,510 Interest cost 28,852 26,000 1,862 1,560 Expected return on plan assets (44,457) (47,984) — — Amortization of net actuarial loss and prior service cost 8,550 7,500 1,757 2,309 Total expense $ 17,281 $ 10,453 $ 5,074 $ 5,379 TJX’s policy with respect to the funded plan is to fund, at a minimum, the amount required to maintain a funded status of 80% of the applicable pension liability (the Funding Target pursuant to the Internal Revenue Code section 430) or such other amount as is sufficient to avoid restrictions with respect to the funding of nonqualified plans under the Internal Revenue Code. The Company does not anticipate any required funding in fiscal 2023 for the funded plan. The Company anticipates making contributions of $4 million to provide current benefits coming due under the unfunded plan in fiscal 2023. The amounts included in amortization of net actuarial loss and prior service cost in the table above have been reclassified in their entirety from Accumulated other comprehensive loss to the Consolidated Statements of Income, net of related tax effects, for the periods presented.

Long-Term Debt and Credit Lines

Long-Term Debt and Credit Lines	6 Months Ended
	Jul. 30, 2022
Debt Disclosure [Abstract]
Long-Term Debt and Credit Lines	Long-Term Debt and Credit Lines The table below presents long-term debt as of July 30, 2022, January 29, 2022 and July 31, 2021. All amounts are net of unamortized debt discounts. In thousands July 30, January 29, July 31, General corporate debt: 2.500% senior unsecured notes, maturing May 15, 2023 (effective interest rate of 2.51% after reduction of unamortized debt discount of $33 at July 30, 2022, $56 at January 29, 2022 and $78 at July 31, 2021) $ 499,967 $ 499,944 $ 499,922 2.250% senior unsecured notes, maturing September 15, 2026 (effective interest rate of 2.32% after reduction of unamortized debt discount of $3,046 at July 30, 2022, $3,419 at January 29, 2022 and $3,792 at July 31, 2021) 996,954 996,581 996,208 1.150% senior unsecured notes, maturing May 15, 2028 (effective interest rate of 1.18% after reduction of unamortized debt discount of $747 at July 30, 2022, $811 at January 29, 2022, and $875 at July 31, 2021) 499,253 499,189 499,125 3.875% senior unsecured notes, maturing April 15, 2030 (effective interest rate of 3.89% after reduction of unamortized debt discount of $475 at July 30, 2022, $506 at January 29, 2022 and $537 at July 31, 2021) 495,375 495,344 495,313 1.600% senior unsecured notes, maturing May 15, 2031 (effective interest rate of 1.61% after reduction of unamortized debt discount of $521 at July 30, 2022, $551 at January 29, 2022, and $581 at July 31, 2021) 499,479 499,449 499,419 4.500% senior unsecured notes, maturing April 15, 2050 (effective interest rate of 4.52% after reduction of unamortized debt discount of $2,094 at July 30, 2022, $2,132 at January 29, 2022 and $2,170 at July 31, 2021) 383,405 383,367 383,329 Total debt 3,374,433 3,373,874 3,373,316 Current maturities of long-term debt, net of debt issuance costs (499,646) — — Debt issuance costs (17,644) (19,033) (20,424) Long-term debt $ 2,857,143 $ 3,354,841 $ 3,352,892 Credit Facilities The Company has two revolving credit facilities, a $1 billion senior unsecured revolving credit facility maturing in June 2026 (the “2026 Revolving Credit Facility”) and a $500 million revolving credit facility that matures in May 2024 (the “2024 Revolving Credit Facility”). Under these credit facilities, the Company has maintained a borrowing capacity of $1.5 billion. The terms of these revolving credit facilities require quarterly payments on the committed amount and payment of interest on borrowings at rates based on LIBOR or a base rate plus a variable margin, in each case based on the Company’s long-term debt ratings. The 2024 Revolving Credit Facility requires usage fees based on total credit extensions under the facility. As of July 30, 2022, January 29, 2022 and July 31, 2021, there were no amounts outstanding under any of the Company’s facilities. Each of these facilities require TJX to maintain a ratio of funded debt to earnings before interest, taxes, depreciation and amortization and rentals (EBITDAR) of not more than 3.50 to 1.00 on a rolling four-quarter basis. TJX was in compliance with all covenants related to its credit facilities at the end of all periods presented. As of July 30, 2022, January 29, 2022 and July 31, 2021, TJX Canada had two uncommitted credit lines, a C$10 million facility for operating expenses and a C$10 million letter of credit facility. As of July 30, 2022, January 29, 2022 and July 31, 2021, and during the quarters and year then ended, there were no amounts outstanding on the Canadian credit lines for operating expenses. As of July 30, 2022, January 29, 2022 and July 31, 2021, the Company’s European business at TJX International had an uncommitted credit line of £5 million. As of July 30, 2022, January 29, 2022 and July 31, 2021, and during the quarters and year then ended, there were no amounts outstanding on the European credit line.

Income Taxes

Income Taxes	6 Months Ended
	Jul. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The e ffective income tax rate was 25.4% for the second quarter of fiscal 2023 and 25.5% for the second quarter of fiscal 2022. The effective income tax rate was 27.9% for the first six months of fiscal 2023 and 25.7% for the first six months of fiscal 2022. The increase in the effective income tax rate for the first six months of fiscal 2023 was primarily due to the impairment of the Company’s minority investment in Familia, which as of July 30, 2022, did not have an associated tax benefit, and a reduction of excess tax benefits from share-based compensation, partially offset by the change of jurisdictional mix of profits and losses and the resolution of various tax matters. TJX had net unrecognized tax benefits of $272 million as of July 30, 2022, $288 million as of January 29, 2022 and $280 million as of July 31, 2021. TJX is subject to U.S. federal income tax as well as income tax in multiple state, local and foreign jurisdictions. In the U.S. and India, fiscal years through 2010 are no longer subject to examination. In all other jurisdictions, fiscal years through 2011 are no longer subject to examination. TJX’s accounting policy is to classify interest and penalties related to income tax matters as part of income tax expense. The accrued amounts for interest and penalties on the Consolidated Balance Sheets was $39 million as of July 30, 2022, $43 million as of January 29, 2022 and $40 million as of July 31, 2021. Based on the final resolution of tax examinations, judicial or administrative proceedings, changes in facts or law, expirations of statutes of limitations in specific jurisdictions or other resolutions of, or changes in, tax positions, it is reasonably possible that unrecognized tax benefits for certain tax positions taken on previously filed tax returns may change materially from those represented on the consolidated financial statements as of July 30, 2022. During the next 12 months, it is reasonably possible that tax audit resolutions may reduce unrecognized tax benefits by up to $40 million, which would reduce the provision for taxes on earnings.

Contingent Obligations, Conting

Contingent Obligations, Contingencies, and Commitments	6 Months Ended
	Jul. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Contingent Obligations, Contingencies, and Commitments	Contingent Obligations, Contingencies, and Commitments Contingent Contractual Obligations TJX is a party to various agreements under which it may be obligated to indemnify the other party with respect to certain losses related to matters including title to assets sold, specified environmental matters or certain income taxes. These obligations are sometimes limited in time or amount. There are no amounts reflected in the Company’s Consolidated Balance Sheets with respect to these contingent obligations. Legal Contingencies TJX is subject to certain legal proceedings, lawsuits, disputes and claims that arise from time to time in the ordinary course of its business. TJX has accrued immaterial amounts in the accompanying Consolidated Financial Statements for certain of its legal proceedings.

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jul. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Consolidated Financial Statements and Notes thereto have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. These Consolidated Financial Statements and Notes thereto are unaudited and, in the opinion of management, reflect all normal recurring adjustments, accruals and deferrals among periods required to match costs properly with the related revenue or activity, considered necessary by The TJX Companies, Inc. (together with its subsidiaries, “TJX”) for a fair statement of its Consolidated Financial Statements for the periods reported, all in conformity with GAAP consistently applied. Investments for which the Company exercises significant influence but does not have control are accounted for under the equity method. The Consolidated Financial Statements and Notes thereto should be read in conjunction with the audited Consolidated Financial Statements, including the related notes, contained in TJX’s Annual Report on Form 10-K for the fiscal year ended January 29, 2022 (“fiscal 2022”). These interim results are not necessarily indicative of results for the full fiscal year. TJX’s business, in common with the businesses of retailers generally, is subject to seasonal influences, with higher levels of sales and income generally realized in the second half of the year.
Fiscal Year	Fiscal Year TJX’s fiscal year ends on the Saturday nearest to the last day of January of each year. The current fiscal year ends January 28, 2023 (“fiscal 2023”) and is a 52-week fiscal year. Fiscal 2022 was also a 52-week fiscal year. Fiscal 2024 will be a 53-week fiscal year and will end February 3, 2024.
Use of Estimates	Use of Estimates The preparation of financial statements, in conformity with GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements as well as the reported amounts of revenues and expenses during the reporting period. TJX considers its accounting policies relating to inventory valuation, reserves for uncertain tax positions and loss contingencies to be the most significant accounting policies that involve management estimates and judgments. Actual amounts could differ from these estimates, and such differences could be material.
Equity Investment	Equity InvestmentIn fiscal 2020, the Company acquired a minority ownership stake in privately held Familia, an off-price retailer of apparel and home fashions domiciled in Luxembourg that operates stores throughout Russia. During the quarter ended April 30, 2022, the Company announced that it had committed to divesting its minority investment and as a result, the Company performed an impairment analysis of this investment. Based on this analysis the Company concluded that there was an other-than-temporary impairment of this investment and recorded an impairment charge of $218 million representing the entirety of the Company’s investment. See Note F—Fair Value Measurements for additional information.
Future Adoption of New Accounting Standards	Future Adoption of New Accounting Standards From time to time, the Financial Accounting Standards Board (“FASB”) or other standard setting bodies issue new accounting pronouncements. Updates to the FASB Accounting Standards Codification are communicated through issuance of an Accounting Standards Update (“ASU”). The Company has reviewed the new guidance and has determined that it will either not apply to TJX or is not expected to be material to its Consolidated Financial Statements upon adoption and therefore, the guidance is not disclosed.

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jul. 30, 2022
Accounting Policies [Abstract]
Deferred Gift Card Revenue	The following table presents deferred gift card revenue activity: In thousands July 30, July 31, Balance, beginning of year $ 685,202 $ 576,187 Deferred revenue 852,192 769,970 Effect of exchange rates changes on deferred revenue (3,288) 2,041 Revenue recognized (905,519) (802,194) Balance, end of period $ 628,587 $ 546,004
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases is as follows: Twenty-Six Weeks Ended In thousands July 30, July 31, Operating cash flows paid for operating leases $ 972,062 $ 1,061,163 Lease liabilities arising from obtaining right of use assets $ 1,151,045 $ 1,016,813

Property at Cost (Tables)

Property at Cost (Tables)	6 Months Ended
	Jul. 30, 2022
Property, Plant and Equipment [Abstract]
Components of Property at Cost	The following table presents the components of property at cost: In thousands July 30, January 29, July 31, Land and buildings $ 1,960,479 $ 1,911,569 $ 1,771,907 Leasehold costs and improvements 3,666,573 3,652,280 3,634,959 Furniture, fixtures and equipment 7,080,322 6,871,777 6,692,117 Total property at cost $ 12,707,374 $ 12,435,626 $ 12,098,983 Less: accumulated depreciation and amortization 7,317,639 7,164,799 6,991,637 Net property at cost $ 5,389,735 $ 5,270,827 $ 5,107,346

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive (Loss) Income (Tables)	6 Months Ended
	Jul. 30, 2022
Equity [Abstract]
Changes in Accumulated Other Comprehensive (Loss) Income	Amounts included in Accumulated other comprehensive loss are recorded net of taxes. The following table details the changes in Accumulated other comprehensive loss for the twelve months ended January 29, 2022 and the six months ended July 30, 2022: In thousands Foreign Deferred Cash Accumulated Balance, January 30, 2021 $ (441,532) $ (164,802) $ 263 $ (606,071) Additions to other comprehensive loss: Foreign currency translation adjustments (net of taxes of $207) (46,715) — — (46,715) Recognition of net gains/losses on benefit obligations (net of taxes of $17,659) — (48,504) — (48,504) Reclassifications from other comprehensive loss to net income: Amortization of loss on cash flow hedge (net of taxes of $603) — — (263) (263) Amortization of prior service cost and deferred gains/losses (net of taxes of $4,588) — 14,403 — 14,403 Balance, January 29, 2022 $ (488,247) $ (198,903) $ — $ (687,150) Additions to other comprehensive loss: Foreign currency translation adjustments (net of taxes of $165) (88,547) (88,547) Reclassifications from other comprehensive loss to net income: Amortization of prior service cost and deferred gains/losses (net of taxes of $2,751) — 7,556 — 7,556 Balance, July 30, 2022 $ (576,794) $ (191,347) $ — $ (768,141)

Capital Stock and Earnings Pe_2

Capital Stock and Earnings Per Share (Tables)	6 Months Ended
	Jul. 30, 2022
Equity [Abstract]
Earnings Per Share Calculation	The following table presents the calculation of basic and diluted earnings per share: Thirteen Weeks Ended Twenty-Six Weeks Ended Amounts in thousands, except per share amounts July 30, July 31, July 30, July 31, Basic earnings per share: Net income $ 809,340 $ 785,681 $ 1,396,813 $ 1,319,611 Weighted average common shares outstanding for basic earnings per share calculation 1,167,922 1,205,054 1,172,531 1,205,247 Basic earnings per share $ 0.69 $ 0.65 $ 1.19 $ 1.09 Diluted earnings per share: Net income $ 809,340 $ 785,681 $ 1,396,813 $ 1,319,611 Weighted average common shares outstanding for basic earnings per share calculation 1,167,922 1,205,054 1,172,531 1,205,247 Assumed exercise / vesting of stock options and awards 10,218 15,561 11,173 15,765 Weighted average common shares outstanding for diluted earnings per share calculation 1,178,140 1,220,615 1,183,704 1,221,012 Diluted earnings per share $ 0.69 $ 0.64 $ 1.18 $ 1.08 Cash dividends declared per share $ 0.295 $ 0.26 $ 0.59 $ 0.52

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jul. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of Derivative Financial Instruments, Related Fair Value and Balance Sheet Classification	The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at July 30, 2022: In thousands Pay Receive Blended Balance Sheet Current Current Net Fair Value in U.S.$ at July 30, Fair value hedges: Intercompany balances, primarily debt related: € 60,000 £ 50,568 0.8428 Prepaid Exp $ 343 $ — $ 343 A$ 170,000 U.S.$ 119,579 0.7034 Prepaid Exp / (Accrued Exp) 810 (1,040) (230) U.S.$ 74,646 £ 55,000 0.7368 (Accrued Exp) — (6,831) (6,831) £ 150,000 U.S.$ 203,667 1.3578 Prepaid Exp 19,059 — 19,059 € 200,000 U.S.$ 223,126 1.1156 Prepaid Exp / (Accrued Exp) 14,663 (117) 14,546 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Fixed on 2.6M – 3.9M gal per month Float on 2.6M – 3.9M gal per month N/A Prepaid Exp 38,234 — 38,234 Intercompany billings in TJX International, primarily merchandise related: € 205,500 £ 173,888 0.8462 Prepaid Exp 2,145 — 2,145 Merchandise purchase commitments: C$ 807,155 U.S.$ 635,000 0.7867 Prepaid Exp / (Accrued Exp) 6,657 (984) 5,673 C$ 25,978 € 19,000 0.7314 (Accrued Exp) — (685) (685) £ 439,682 U.S.$ 569,000 1.2941 Prepaid Exp / (Accrued Exp) 29,989 (2,151) 27,838 A$ 71,070 U.S.$ 50,750 0.7141 Prepaid Exp / (Accrued Exp) 1,055 (364) 691 zł 701,000 £ 124,092 0.1770 Prepaid Exp / (Accrued Exp) 2,215 (34) 2,181 U.S.$ 113,734 € 104,500 0.9188 Prepaid Exp / (Accrued Exp) 110 (5,970) (5,860) Total fair value of derivative financial instruments $ 115,280 $ (18,176) $ 97,104 The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at January 29, 2022: In thousands Pay Receive Blended Balance Sheet Current Current Net Fair Value in U.S.$ at January 29, Fair value hedges: Intercompany balances, primarily debt related: zł 25,000 £ 4,541 0.1816 Prepaid Exp $ 72 $ — $ 72 € 60,000 £ 50,568 0.8428 Prepaid Exp 111 — 111 A$ 170,000 U.S.$ 122,061 0.7180 Prepaid Exp 2,047 — 2,047 U.S.$ 74,646 £ 55,000 0.7368 (Accrued Exp) — (918) (918) € 200,000 U.S.$ 230,319 1.1516 Prepaid Exp 4,535 — 4,535 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Fixed on 3.6M – 4.0M gal per month Float on 3.6M– 4.0M gal per month N/A Prepaid Exp 23,649 — 23,649 Intercompany billings in TJX International, primarily merchandise related: € 91,000 £ 75,894 0.8340 (Accrued Exp) — (145) (145) Merchandise purchase commitments: C$ 987,756 U.S.$ 783,000 0.7927 Prepaid Exp / (Accrued Exp) 6,641 (80) 6,561 C$ 38,138 € 26,500 0.6948 (Accrued Exp) — (248) (248) £ 325,482 U.S.$ 442,100 1.3583 Prepaid Exp / (Accrued Exp) 6,023 (632) 5,391 zł 453,000 £ 82,112 0.1813 Prepaid Exp / (Accrued Exp) 744 (449) 295 A$ 65,551 U.S.$ 47,500 0.7246 Prepaid Exp 1,270 — 1,270 U.S.$ 66,989 € 59,000 0.8807 (Accrued Exp) — (820) (820) Total fair value of derivative financial instruments $ 45,092 $ (3,292) $ 41,800 The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at July 31, 2021: In thousands Pay Receive Blended Balance Sheet Current Current Net Fair Value in U.S.$ at July 31, Fair value hedges: Intercompany balances, primarily debt related: zł 45,000 £ 8,846 0.1966 Prepaid Exp $ 562 $ — $ 562 A$ 110,000 U.S.$ 84,198 0.7654 Prepaid Exp 3,100 — 3,100 U.S.$ 75,102 £ 55,000 0.7323 Prepaid Exp 1,351 — 1,351 £ 250,000 U.S.$ 346,344 1.3854 Prepaid Exp / (Accrued Exp) 426 (1,504) (1,078) € 170,000 U.S.$ 207,623 1.2213 Prepaid Exp / (Accrued Exp) 5,169 (143) 5,026 C$ 150,000 U.S.$ 124,009 0.8267 Prepaid Exp 3,698 — 3,698 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Fixed on 3.3M – 4.0M gal per month Float on 3.3M – 4.0M gal per month N/A Prepaid Exp 21,805 — 21,805 Intercompany billings in TJX International, primarily merchandise related: € 98,000 £ 84,053 0.8577 Prepaid Exp 343 — 343 Merchandise purchase commitments: C$ 630,947 U.S.$ 512,000 0.8115 Prepaid Exp / (Accrued Exp) 7,066 (1,132) 5,934 C$ 34,928 € 23,500 0.6728 Prepaid Exp / (Accrued Exp) 93 (161) (68) £ 396,740 U.S.$ 555,900 1.4012 Prepaid Exp / (Accrued Exp) 5,202 (678) 4,524 A$ 52,396 U.S.$ 39,225 0.7486 Prepaid Exp / (Accrued Exp) 656 (36) 620 zł 400,100 £ 75,659 0.1891 Prepaid Exp / (Accrued Exp) 961 (126) 835 U.S.$ 55,198 € 45,000 0.8152 (Accrued Exp) — (1,713) (1,713) Total fair value of derivative financial instruments $ 50,432 $ (5,492) $ 44,940
Impact of Derivative Financial Instruments on Statements of (Loss) Income	The impact of derivative financial instruments on the Consolidated Statements of Income is presented below: Amount of Gain (Loss) Recognized Location of Gain (Loss) Recognized in Income by Derivative Thirteen Weeks Ended Twenty-Six Weeks Ended In thousands July 30, July 31, July 30, July 31, Fair value hedges: Intercompany balances, primarily debt related Selling, general and administrative expenses $ 8,961 $ 15,417 $ 33,356 $ 12,553 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Cost of sales, including buying and occupancy costs 9,356 7,276 53,529 20,846 Intercompany billings in TJX International, primarily merchandise related Cost of sales, including buying and occupancy costs 252 3,427 (118) 3,545 Merchandise purchase commitments Cost of sales, including buying and occupancy costs 7,465 11,710 48,394 (4,259) Gain recognized in income $ 26,034 $ 37,830 $ 135,161 $ 32,685

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jul. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Assets and Liabilities on a Recurring Basis	The following table sets forth TJX’s financial assets and liabilities that are accounted for at fair value on a recurring basis: In thousands July 30, January 29, July 31, Level 1 Assets: Executive Savings Plan investments $ 364,333 $ 387,666 $ 394,078 Level 2 Assets: Foreign currency exchange contracts $ 77,046 $ 21,443 $ 28,627 Diesel fuel contracts 38,234 23,649 21,805 Liabilities: Foreign currency exchange contracts $ 18,176 $ 3,292 $ 5,492

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jul. 30, 2022
Segment Reporting [Abstract]
Financial Information on Business Segments	Presented below is financial information with respect to TJX’s business segments: Thirteen Weeks Ended Twenty-Six Weeks Ended In thousands July 30, July 31, July 30, July 31, Net sales: In the United States: Marmaxx $ 7,235,219 $ 7,348,931 $ 14,107,489 $ 13,989,417 HomeGoods 1,856,313 2,083,261 3,892,098 4,225,017 TJX Canada 1,248,706 1,021,549 2,330,234 1,787,085 TJX International 1,502,770 1,623,322 2,919,661 2,162,205 Total net sales $ 11,843,008 $ 12,077,063 $ 23,249,482 $ 22,163,724 Segment profit (loss): In the United States: Marmaxx $ 933,177 $ 1,014,175 $ 1,837,399 $ 1,839,030 HomeGoods 49,616 182,526 171,601 434,128 TJX Canada 197,772 118,686 324,390 190,263 TJX International 104,615 173,456 117,847 (48,102) Total segment profit 1,285,180 1,488,843 2,451,237 2,415,319 General corporate expense 188,583 163,602 265,961 324,044 Impairment on equity investment — — 217,619 — Loss on early extinguishment of debt — 242,248 — 242,248 Interest expense, net 11,007 28,661 29,792 73,349 Income before income taxes $ 1,085,590 $ 1,054,332 $ 1,937,865 $ 1,775,678

Pension Plans and Other Retir_2

Pension Plans and Other Retirement Benefits (Tables)	6 Months Ended
	Jul. 30, 2022
Retirement Benefits [Abstract]
Financial Information Related to Funded Defined Benefit Pension Plan and Unfunded Supplemental Retirement Plan	Presented below is financial information relating to TJX’s funded defined benefit pension plan (“qualified pension plan” or “funded plan”) and its unfunded supplemental pension plan (“unfunded plan”) for the periods shown: Funded Plan Unfunded Plan Thirteen Weeks Ended Thirteen Weeks Ended In thousands July 30, July 31, July 30, July 31, Service cost $ 12,168 $ 12,718 $ 728 $ 755 Interest cost 14,426 13,188 931 780 Expected return on plan assets (22,229) (23,992) — — Amortization of net actuarial loss and prior service cost 4,276 4,697 878 1,155 Total expense $ 8,641 $ 6,611 $ 2,537 $ 2,690 Funded Plan Unfunded Plan Twenty-Six Weeks Ended Twenty-Six Weeks Ended In thousands July 30, July 31, July 30, July 31, Service cost $ 24,336 $ 24,937 $ 1,455 $ 1,510 Interest cost 28,852 26,000 1,862 1,560 Expected return on plan assets (44,457) (47,984) — — Amortization of net actuarial loss and prior service cost 8,550 7,500 1,757 2,309 Total expense $ 17,281 $ 10,453 $ 5,074 $ 5,379

Long-Term Debt and Credit Lin_2

Long-Term Debt and Credit Lines (Tables)	6 Months Ended
	Jul. 30, 2022
Debt Disclosure [Abstract]
Long-Term Debt, Exclusive of Current Installments	The table below presents long-term debt as of July 30, 2022, January 29, 2022 and July 31, 2021. All amounts are net of unamortized debt discounts. In thousands July 30, January 29, July 31, General corporate debt: 2.500% senior unsecured notes, maturing May 15, 2023 (effective interest rate of 2.51% after reduction of unamortized debt discount of $33 at July 30, 2022, $56 at January 29, 2022 and $78 at July 31, 2021) $ 499,967 $ 499,944 $ 499,922 2.250% senior unsecured notes, maturing September 15, 2026 (effective interest rate of 2.32% after reduction of unamortized debt discount of $3,046 at July 30, 2022, $3,419 at January 29, 2022 and $3,792 at July 31, 2021) 996,954 996,581 996,208 1.150% senior unsecured notes, maturing May 15, 2028 (effective interest rate of 1.18% after reduction of unamortized debt discount of $747 at July 30, 2022, $811 at January 29, 2022, and $875 at July 31, 2021) 499,253 499,189 499,125 3.875% senior unsecured notes, maturing April 15, 2030 (effective interest rate of 3.89% after reduction of unamortized debt discount of $475 at July 30, 2022, $506 at January 29, 2022 and $537 at July 31, 2021) 495,375 495,344 495,313 1.600% senior unsecured notes, maturing May 15, 2031 (effective interest rate of 1.61% after reduction of unamortized debt discount of $521 at July 30, 2022, $551 at January 29, 2022, and $581 at July 31, 2021) 499,479 499,449 499,419 4.500% senior unsecured notes, maturing April 15, 2050 (effective interest rate of 4.52% after reduction of unamortized debt discount of $2,094 at July 30, 2022, $2,132 at January 29, 2022 and $2,170 at July 31, 2021) 383,405 383,367 383,329 Total debt 3,374,433 3,373,874 3,373,316 Current maturities of long-term debt, net of debt issuance costs (499,646) — — Debt issuance costs (17,644) (19,033) (20,424) Long-term debt $ 2,857,143 $ 3,354,841 $ 3,352,892

Basis of Presentation and Sum_4

Basis of Presentation and Summary of Significant Accounting Policies - Equity Investment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Accounting Policies [Abstract]
Impairment on equity investment	$ 0	$ 0	$ 217,619	$ 0

Basis of Presentation and Sum_5

Basis of Presentation and Summary of Significant Accounting Policies - Deferred Gift Card Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Movement in Contract with Customer, Liability [Roll Forward]
Beginning balance			$ 685,202	$ 576,187
Deferred revenue			852,192	769,970
Effect of exchange rates changes on deferred revenue			(3,288)	2,041
Revenue recognized	$ (462,000)	$ (436,000)	(905,519)	(802,194)
Ending balance	$ 628,587	$ 546,004	$ 628,587	$ 546,004

Basis of Presentation and Sum_6

Basis of Presentation and Summary of Significant Accounting Policies - Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands	6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021
Accounting Policies [Abstract]
Operating cash flows paid for operating leases	$ 972,062	$ 1,061,163
Lease liabilities arising from obtaining right of use assets	$ 1,151,045	$ 1,016,813

Property at Cost - Components o

Property at Cost - Components of Property at Cost (Details) - USD ($) $ in Thousands	Jul. 30, 2022	Jan. 29, 2022	Jul. 31, 2021
Property, Plant and Equipment [Abstract]
Land and buildings	$ 1,960,479	$ 1,911,569	$ 1,771,907
Leasehold costs and improvements	3,666,573	3,652,280	3,634,959
Furniture, fixtures and equipment	7,080,322	6,871,777	6,692,117
Total property at cost	12,707,374	12,435,626	12,098,983
Less: accumulated depreciation and amortization	7,317,639	7,164,799	6,991,637
Net property at cost	$ 5,389,735	$ 5,270,827	$ 5,107,346

Property at Cost - Additional i

Property at Cost - Additional information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 216	$ 213	$ 434	$ 425
Accrued capital additions			$ 145	$ 126

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive (Loss) Income - Change in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021	Jan. 29, 2022
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ 5,595,440	$ 6,139,214	$ 6,002,992	$ 5,832,684	$ 5,832,684
Foreign currency translation adjustments, net of tax	(30,935)	(876)	(88,547)	21,373	(46,715)
Recognition of net gains/losses on benefit obligations (net of taxes of $17,659)					(48,504)
Amortization of loss on cash flow hedge (net of taxes of $603)			0	(263)	(263)
Amortization of prior service cost and deferred gains/losses, net of tax	3,778	4,368	7,556	7,269	14,403
Ending balance	5,396,649	6,406,384	5,396,649	6,406,384	6,002,992
Accumulated Other Comprehensive (Loss) Income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(740,984)	(581,184)	(687,150)	(606,071)	(606,071)
Ending balance	(768,141)	$ (577,692)	(768,141)	(577,692)	(687,150)
Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			(488,247)	(441,532)	(441,532)
Foreign currency translation adjustments, net of tax			(88,547)		(46,715)
Ending balance	(576,794)		(576,794)		(488,247)
Deferred Benefit Costs
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			(198,903)	(164,802)	(164,802)
Recognition of net gains/losses on benefit obligations (net of taxes of $17,659)					(48,504)
Amortization of prior service cost and deferred gains/losses, net of tax			7,556		14,403
Ending balance	(191,347)		(191,347)		(198,903)
Cash Flow Hedge on Debt
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			0	$ 263	263
Amortization of loss on cash flow hedge (net of taxes of $603)					(263)
Ending balance	$ 0		$ 0		$ 0

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive (Loss) Income - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021	Jan. 29, 2022
Equity [Abstract]
Foreign currency translation adjustments, tax provision (benefit)	$ 409	$ (1,140)	$ (165)	$ 1,758	$ 207
Recognition of net gains/losses on benefit obligations, tax provision					17,659
Amortization of loss on cash flow hedge, tax provision				603	603
Amortization of prior service cost and deferred gains/losses, tax provision	$ 1,376	$ 1,590	$ 2,751	$ 2,646	$ 4,588

Capital Stock and Earnings Pe_3

Capital Stock and Earnings Per Share - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021	Feb. 28, 2022
Capital Unit [Line Items]
Common stock repurchased and retired	$ 700,001	$ 297,099	$ 1,307,202	$ 297,099
Stock repurchase program, additional authorized amount					$ 3,000,000
Remaining available stock under stock repurchase plan	$ 2,500,000		$ 2,500,000
Antidilutive options excluded (in shares)	5,100,000	0	5,100,000	0
Trade Date Basis
Capital Unit [Line Items]
Common stock repurchased and retired (in shares)	11,800,000		21,400,000
Common stock repurchased and retired	$ 700,000		$ 1,300,000	$ 300,000

Capital Stock and Earnings Pe_4

Capital Stock and Earnings Per Share - Calculation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Basic earnings per share
Net income	$ 809,340	$ 785,681	$ 1,396,813	$ 1,319,611
Weighted average common shares outstanding for basic earnings per share calculations (in shares)	1,167,922	1,205,054	1,172,531	1,205,247
Basic earnings per share (in dollars per share)	$ 0.69	$ 0.65	$ 1.19	$ 1.09
Diluted earnings per share:
Net income	$ 809,340	$ 785,681	$ 1,396,813	$ 1,319,611
Weighted average common shares outstanding for basic earnings per share calculations (in shares)	1,167,922	1,205,054	1,172,531	1,205,247
Assumed exercise/vesting of stock options and awards (in shares)	10,218	15,561	11,173	15,765
Weighted average common shares outstanding for diluted earnings per share calculations (in shares)	1,178,140	1,220,615	1,183,704	1,221,012
Diluted earnings per share (in dollars per share)	$ 0.69	$ 0.64	$ 1.18	$ 1.08
Cash dividends declared per share (in dollars per share)	$ 0.295	$ 0.26	$ 0.59	$ 0.52

Financial Instruments - Additio

Financial Instruments - Additional Information (Details)	6 Months Ended
	Jul. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Hedge of diesel fuel requirement, remainder of fiscal year 2023	54%
Hedge of diesel fuel requirement, first three months of 2024	47%
Foreign currency exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Term of derivative contracts	30 days

Financial Instruments - Summary

Financial Instruments - Summary of Derivative Financial Instruments, Related Fair Value and Balance Sheet Classification (Details) € in Thousands, £ in Thousands, zł in Thousands, $ in Thousands, $ in Thousands, $ in Thousands, gal / mo in Millions			6 Months Ended
	Jul. 30, 2022 EUR (€) gal / mo	Jan. 29, 2022 EUR (€) gal / mo	Jul. 31, 2021 EUR (€) gal / mo	Jul. 30, 2022 GBP (£)	Jul. 30, 2022 USD ($)	Jul. 30, 2022 AUD ($)	Jul. 30, 2022 CAD ($)	Jul. 30, 2022 PLN (zł)	Jan. 29, 2022 GBP (£)	Jan. 29, 2022 USD ($)	Jan. 29, 2022 AUD ($)	Jan. 29, 2022 CAD ($)	Jan. 29, 2022 PLN (zł)	Jul. 31, 2021 GBP (£)	Jul. 31, 2021 USD ($)	Jul. 31, 2021 AUD ($)	Jul. 31, 2021 CAD ($)	Jul. 31, 2021 PLN (zł)
Derivatives, Fair Value [Line Items]
Current Asset U.S.$					$ 115,280					$ 45,092					$ 50,432
Current (Liability) U.S.$					(18,176)					(3,292)					(5,492)
Net Fair Value in U.S.$					97,104					41,800					44,940
Diesel fuel contracts | Prepaid Exp
Derivatives, Fair Value [Line Items]
Current Asset U.S.$					38,234					23,649					21,805
Current (Liability) U.S.$					0					0					0
Net Fair Value in U.S.$					$ 38,234					$ 23,649					$ 21,805
Conversion of Euro to Pound | Intercompany billings in TJX International, primarily merchandise related | Prepaid Exp
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.8462		0.8577	0.8462	0.8462	0.8462	0.8462	0.8462						0.8577	0.8577	0.8577	0.8577	0.8577
Current Asset U.S.$					$ 2,145										$ 343
Current (Liability) U.S.$					0										0
Net Fair Value in U.S.$					$ 2,145										$ 343
Conversion of Euro to Pound | Intercompany billings in TJX International, primarily merchandise related | (Accrued Exp)
Derivatives, Fair Value [Line Items]
Blended Contract Rate		0.8340							0.8340	0.8340	0.8340	0.8340	0.8340
Current Asset U.S.$										$ 0
Current (Liability) U.S.$										(145)
Net Fair Value in U.S.$										$ (145)
Conversion of Australian Dollar to US Dollar | Merchandise purchase commitments | Prepaid Exp
Derivatives, Fair Value [Line Items]
Blended Contract Rate		0.7246							0.7246	0.7246	0.7246	0.7246	0.7246
Current Asset U.S.$										$ 1,270
Current (Liability) U.S.$										0
Net Fair Value in U.S.$										$ 1,270
Conversion of Australian Dollar to US Dollar | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.7141		0.7486	0.7141	0.7141	0.7141	0.7141	0.7141						0.7486	0.7486	0.7486	0.7486	0.7486
Current Asset U.S.$					$ 1,055										$ 656
Current (Liability) U.S.$					(364)										(36)
Net Fair Value in U.S.$					$ 691										$ 620
Conversion of Canadian Dollar to US Dollar | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.7867	0.7927	0.8115	0.7867	0.7867	0.7867	0.7867	0.7867	0.7927	0.7927	0.7927	0.7927	0.7927	0.8115	0.8115	0.8115	0.8115	0.8115
Current Asset U.S.$					$ 6,657					$ 6,641					$ 7,066
Current (Liability) U.S.$					(984)					(80)					(1,132)
Net Fair Value in U.S.$					$ 5,673					$ 6,561					$ 5,934
Conversion of Canadian Dollar to Euro | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Blended Contract Rate			0.6728											0.6728	0.6728	0.6728	0.6728	0.6728
Current Asset U.S.$															$ 93
Current (Liability) U.S.$															(161)
Net Fair Value in U.S.$															$ (68)
Conversion of Canadian Dollar to Euro | Merchandise purchase commitments | (Accrued Exp)
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.7314	0.6948		0.7314	0.7314	0.7314	0.7314	0.7314	0.6948	0.6948	0.6948	0.6948	0.6948
Current Asset U.S.$					$ 0					$ 0
Current (Liability) U.S.$					(685)					(248)
Net Fair Value in U.S.$					$ (685)					$ (248)
Conversion of Pound to US Dollar | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Blended Contract Rate	1.2941	1.3583	1.4012	1.2941	1.2941	1.2941	1.2941	1.2941	1.3583	1.3583	1.3583	1.3583	1.3583	1.4012	1.4012	1.4012	1.4012	1.4012
Current Asset U.S.$					$ 29,989					$ 6,023					$ 5,202
Current (Liability) U.S.$					(2,151)					(632)					(678)
Net Fair Value in U.S.$					$ 27,838					$ 5,391					$ 4,524
Conversion of Zloty to Pound | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.1770	0.1813	0.1891	0.1770	0.1770	0.1770	0.1770	0.1770	0.1813	0.1813	0.1813	0.1813	0.1813	0.1891	0.1891	0.1891	0.1891	0.1891
Current Asset U.S.$					$ 2,215					$ 744					$ 961
Current (Liability) U.S.$					(34)					(449)					(126)
Net Fair Value in U.S.$					$ 2,181					$ 295					$ 835
Conversion of US Dollar to Euro | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.9188			0.9188	0.9188	0.9188	0.9188	0.9188
Current Asset U.S.$					$ 110
Current (Liability) U.S.$					(5,970)
Net Fair Value in U.S.$					(5,860)
Conversion of US Dollar to Euro | Merchandise purchase commitments | (Accrued Exp)
Derivatives, Fair Value [Line Items]
Blended Contract Rate		0.8807	0.8152						0.8807	0.8807	0.8807	0.8807	0.8807	0.8152	0.8152	0.8152	0.8152	0.8152
Current Asset U.S.$										$ 0					$ 0
Current (Liability) U.S.$										(820)					(1,713)
Net Fair Value in U.S.$										(820)					(1,713)
Pay | Diesel fuel contracts | Prepaid Exp | Minimum
Derivatives, Fair Value [Line Items]
Derivative nonmonetary notional amount | gal / mo	2.6	3.6	3.3
Pay | Diesel fuel contracts | Prepaid Exp | Maximum
Derivatives, Fair Value [Line Items]
Derivative nonmonetary notional amount | gal / mo	3.9	4	4
Pay | Conversion of Euro to Pound | Intercompany billings in TJX International, primarily merchandise related | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount | €	€ 205,500		€ 98,000
Pay | Conversion of Euro to Pound | Intercompany billings in TJX International, primarily merchandise related | (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount | €		€ 91,000
Pay | Conversion of Australian Dollar to US Dollar | Merchandise purchase commitments | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount											$ 65,551
Pay | Conversion of Australian Dollar to US Dollar | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount						$ 71,070										$ 52,396
Pay | Conversion of Canadian Dollar to US Dollar | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount							$ 807,155					$ 987,756					$ 630,947
Pay | Conversion of Canadian Dollar to Euro | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount																	$ 34,928
Pay | Conversion of Canadian Dollar to Euro | Merchandise purchase commitments | (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount							$ 25,978					$ 38,138
Pay | Conversion of Pound to US Dollar | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount | £				£ 439,682					£ 325,482					£ 396,740
Pay | Conversion of Zloty to Pound | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount | zł								zł 701,000					zł 453,000					zł 400,100
Pay | Conversion of US Dollar to Euro | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount					113,734
Pay | Conversion of US Dollar to Euro | Merchandise purchase commitments | (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount										66,989					55,198
Receive | Diesel fuel contracts | Prepaid Exp | Minimum
Derivatives, Fair Value [Line Items]
Derivative nonmonetary notional amount | gal / mo	2.6	3.6	3.3
Receive | Diesel fuel contracts | Prepaid Exp | Maximum
Derivatives, Fair Value [Line Items]
Derivative nonmonetary notional amount | gal / mo	3.9	4	4
Receive | Conversion of Euro to Pound | Intercompany billings in TJX International, primarily merchandise related | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount | £				173,888										84,053
Receive | Conversion of Euro to Pound | Intercompany billings in TJX International, primarily merchandise related | (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount | £									75,894
Receive | Conversion of Australian Dollar to US Dollar | Merchandise purchase commitments | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount										47,500
Receive | Conversion of Australian Dollar to US Dollar | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount					50,750										39,225
Receive | Conversion of Canadian Dollar to US Dollar | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount					635,000					783,000					512,000
Receive | Conversion of Canadian Dollar to Euro | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount | €			€ 23,500
Receive | Conversion of Canadian Dollar to Euro | Merchandise purchase commitments | (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount | €	€ 19,000	€ 26,500
Receive | Conversion of Pound to US Dollar | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount					$ 569,000					$ 442,100					$ 555,900
Receive | Conversion of Zloty to Pound | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount | £				£ 124,092					£ 82,112					£ 75,659
Receive | Conversion of US Dollar to Euro | Merchandise purchase commitments | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount | €	€ 104,500
Receive | Conversion of US Dollar to Euro | Merchandise purchase commitments | (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount | €		€ 59,000	€ 45,000
Fair value hedges | Conversion of Euro to Pound | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.8428	0.8428		0.8428	0.8428	0.8428	0.8428	0.8428	0.8428	0.8428	0.8428	0.8428	0.8428
Current Asset U.S.$					$ 343					$ 111
Current (Liability) U.S.$					0					0
Net Fair Value in U.S.$					$ 343					$ 111
Fair value hedges | Conversion of Australian Dollar to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Blended Contract Rate		0.7180	0.7654						0.7180	0.7180	0.7180	0.7180	0.7180	0.7654	0.7654	0.7654	0.7654	0.7654
Current Asset U.S.$										$ 2,047					$ 3,100
Current (Liability) U.S.$										0					0
Net Fair Value in U.S.$										$ 2,047					$ 3,100
Fair value hedges | Conversion of Australian Dollar to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.7034			0.7034	0.7034	0.7034	0.7034	0.7034
Current Asset U.S.$					$ 810
Current (Liability) U.S.$					(1,040)
Net Fair Value in U.S.$					$ (230)
Fair value hedges | Conversion of US Dollar to Pound | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Blended Contract Rate			0.7323											0.7323	0.7323	0.7323	0.7323	0.7323
Current Asset U.S.$															$ 1,351
Current (Liability) U.S.$															0
Net Fair Value in U.S.$															$ 1,351
Fair value hedges | Conversion of US Dollar to Pound | Intercompany balances, primarily debt related: | (Accrued Exp)
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.7368	0.7368		0.7368	0.7368	0.7368	0.7368	0.7368	0.7368	0.7368	0.7368	0.7368	0.7368
Current Asset U.S.$					$ 0					$ 0
Current (Liability) U.S.$					(6,831)					(918)
Net Fair Value in U.S.$					$ (6,831)					$ (918)
Fair value hedges | Conversion Of Euro To US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Blended Contract Rate		1.1516							1.1516	1.1516	1.1516	1.1516	1.1516
Current Asset U.S.$										$ 4,535
Current (Liability) U.S.$										0
Net Fair Value in U.S.$										$ 4,535
Fair value hedges | Conversion Of Euro To US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Blended Contract Rate	1.1156		1.2213	1.1156	1.1156	1.1156	1.1156	1.1156						1.2213	1.2213	1.2213	1.2213	1.2213
Current Asset U.S.$					$ 14,663										$ 5,169
Current (Liability) U.S.$					(117)										(143)
Net Fair Value in U.S.$					$ 14,546										$ 5,026
Fair value hedges | Conversion of Canadian Dollar to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Blended Contract Rate			0.8267											0.8267	0.8267	0.8267	0.8267	0.8267
Current Asset U.S.$															$ 3,698
Current (Liability) U.S.$															0
Net Fair Value in U.S.$															$ 3,698
Fair value hedges | Conversion of Pound to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Blended Contract Rate	1.3578			1.3578	1.3578	1.3578	1.3578	1.3578
Current Asset U.S.$					$ 19,059
Current (Liability) U.S.$					0
Net Fair Value in U.S.$					19,059
Fair value hedges | Conversion of Pound to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Blended Contract Rate			1.3854											1.3854	1.3854	1.3854	1.3854	1.3854
Current Asset U.S.$															$ 426
Current (Liability) U.S.$															(1,504)
Net Fair Value in U.S.$															$ (1,078)
Fair value hedges | Conversion of Zloty to Pound | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Blended Contract Rate		0.1816	0.1966						0.1816	0.1816	0.1816	0.1816	0.1816	0.1966	0.1966	0.1966	0.1966	0.1966
Current Asset U.S.$										$ 72					$ 562
Current (Liability) U.S.$										0					0
Net Fair Value in U.S.$										72					562
Fair value hedges | Pay | Conversion of Euro to Pound | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount | €	€ 60,000	€ 60,000
Fair value hedges | Pay | Conversion of Australian Dollar to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount											$ 170,000					$ 110,000
Fair value hedges | Pay | Conversion of Australian Dollar to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount						$ 170,000
Fair value hedges | Pay | Conversion of US Dollar to Pound | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount															75,102
Fair value hedges | Pay | Conversion of US Dollar to Pound | Intercompany balances, primarily debt related: | (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount					74,646					74,646
Fair value hedges | Pay | Conversion Of Euro To US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount | €		€ 200,000
Fair value hedges | Pay | Conversion Of Euro To US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount | €	€ 200,000		€ 170,000
Fair value hedges | Pay | Conversion of Canadian Dollar to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount																	$ 150,000
Fair value hedges | Pay | Conversion of Pound to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount | £				£ 150,000
Fair value hedges | Pay | Conversion of Pound to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount | £														£ 250,000
Fair value hedges | Pay | Conversion of Zloty to Pound | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount | zł													zł 25,000					zł 45,000
Fair value hedges | Receive | Conversion of Euro to Pound | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount | £				50,568					£ 50,568
Fair value hedges | Receive | Conversion of Australian Dollar to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount										122,061					84,198
Fair value hedges | Receive | Conversion of Australian Dollar to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount					119,579
Fair value hedges | Receive | Conversion of US Dollar to Pound | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount | £														55,000
Fair value hedges | Receive | Conversion of US Dollar to Pound | Intercompany balances, primarily debt related: | (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount | £				£ 55,000					55,000
Fair value hedges | Receive | Conversion Of Euro To US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount										$ 230,319
Fair value hedges | Receive | Conversion Of Euro To US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount					223,126										207,623
Fair value hedges | Receive | Conversion of Canadian Dollar to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount															124,009
Fair value hedges | Receive | Conversion of Pound to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount					$ 203,667
Fair value hedges | Receive | Conversion of Pound to US Dollar | Intercompany balances, primarily debt related: | Prepaid Exp / (Accrued Exp)
Derivatives, Fair Value [Line Items]
Derivative notional amount															$ 346,344
Fair value hedges | Receive | Conversion of Zloty to Pound | Intercompany balances, primarily debt related: | Prepaid Exp
Derivatives, Fair Value [Line Items]
Derivative notional amount | £									£ 4,541					£ 8,846

Financial Instruments - Impact

Financial Instruments - Impact of Derivative Financial Instruments on Statement of Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Gain recognized in income	$ 26,034	$ 37,830	$ 135,161	$ 32,685
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Cost of sales, including buying and occupancy costs, Selling, general and administrative expenses	Cost of sales, including buying and occupancy costs, Selling, general and administrative expenses	Cost of sales, including buying and occupancy costs, Selling, general and administrative expenses	Cost of sales, including buying and occupancy costs, Selling, general and administrative expenses
Intercompany balances, primarily debt related: | Fair Value Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gain recognized in income	$ 8,961	$ 15,417	$ 33,356	$ 12,553
Diesel fuel contracts | Economic Hedges For Which Hedge Accounting Was Not Elected
Derivative Instruments, Gain (Loss) [Line Items]
Gain recognized in income	9,356	7,276	53,529	20,846
Intercompany billings in TJX International, primarily merchandise related | Economic Hedges For Which Hedge Accounting Was Not Elected
Derivative Instruments, Gain (Loss) [Line Items]
Gain recognized in income	252	3,427	(118)	3,545
Merchandise purchase commitments | Economic Hedges For Which Hedge Accounting Was Not Elected
Derivative Instruments, Gain (Loss) [Line Items]
Gain recognized in income	$ 7,465	$ 11,710	$ 48,394	$ (4,259)

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities on a Recurring Basis (Details) - Fair Value, Recurring - USD ($) $ in Thousands	Jul. 30, 2022	Jan. 29, 2022	Jul. 31, 2021
Executive Savings Plan investments | Level 1
Assets:
Executive Savings Plan investments	$ 364,333	$ 387,666	$ 394,078
Foreign currency exchange contracts | Level 2
Assets:
Foreign currency exchange contracts	77,046	21,443	28,627
Liabilities:
Foreign currency exchange contracts	18,176	3,292	5,492
Diesel fuel contracts | Level 2
Assets:
Diesel fuel contracts	$ 38,234	$ 23,649	$ 21,805

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021	Jan. 29, 2022
Fair Value Disclosures [Abstract]
Fair value of long-term debt	$ 2,700,000	$ 3,700,000	$ 2,700,000	$ 3,700,000	$ 3,500,000
Fair-value of current debt	500,000		500,000
Current portion of long-term debt	499,646	0	499,646	0	0
Long-term debt	2,857,143	3,352,892	2,857,143	3,352,892	$ 3,354,841
Schedule of Equity Method Investments [Line Items]
Impairment on equity investment	$ 0	$ 0	217,619	$ 0
Familia
Schedule of Equity Method Investments [Line Items]
Impairment on equity investment			$ 218,000

Segment Information - Additiona

Segment Information - Additional Information (Details)	6 Months Ended
	Jul. 30, 2022 segment
Segment Reporting [Abstract]
Number of business segments	4

Segment Information - Financial

Segment Information - Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Segment Reporting Information [Line Items]
Total net sales	$ 11,843,008	$ 12,077,063	$ 23,249,482	$ 22,163,724
General corporate expense	2,174,861	2,223,692	4,269,443	4,288,684
Impairment on equity investment	0	0	217,619	0
Loss on early extinguishment of debt	0	242,248	0	242,248
Interest expense, net	11,007	28,661	29,792	73,349
Income before income taxes	1,085,590	1,054,332	1,937,865	1,775,678
Operating segments
Segment Reporting Information [Line Items]
Total segment profit	1,285,180	1,488,843	2,451,237	2,415,319
Operating segments | Marmaxx
Segment Reporting Information [Line Items]
Total net sales	7,235,219	7,348,931	14,107,489	13,989,417
Total segment profit	933,177	1,014,175	1,837,399	1,839,030
Operating segments | HomeGoods
Segment Reporting Information [Line Items]
Total net sales	1,856,313	2,083,261	3,892,098	4,225,017
Total segment profit	49,616	182,526	171,601	434,128
Operating segments | TJX Canada
Segment Reporting Information [Line Items]
Total net sales	1,248,706	1,021,549	2,330,234	1,787,085
Total segment profit	197,772	118,686	324,390	190,263
Operating segments | TJX International
Segment Reporting Information [Line Items]
Total net sales	1,502,770	1,623,322	2,919,661	2,162,205
Total segment profit	104,615	173,456	117,847	(48,102)
Corporate
Segment Reporting Information [Line Items]
General corporate expense	$ 188,583	$ 163,602	$ 265,961	$ 324,044

Pension Plans and Other Retir_3

Pension Plans and Other Retirement Benefits - Financial Information Related to Funded Defined Benefit Pension Plan and Unfunded Supplemental Pension Plan (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Funded Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 12,168	$ 12,718	$ 24,336	$ 24,937
Interest cost	14,426	13,188	28,852	26,000
Expected return on plan assets	(22,229)	(23,992)	(44,457)	(47,984)
Amortization of net actuarial loss and prior service cost	4,276	4,697	8,550	7,500
Total expense	8,641	6,611	17,281	10,453
Unfunded Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	728	755	1,455	1,510
Interest cost	931	780	1,862	1,560
Expected return on plan assets	0	0	0	0
Amortization of net actuarial loss and prior service cost	878	1,155	1,757	2,309
Total expense	$ 2,537	$ 2,690	$ 5,074	$ 5,379

Pension Plans and Other Retir_4

Pension Plans and Other Retirement Benefits - Additional Information (Details) $ in Millions	6 Months Ended
	Jul. 30, 2022 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Minimum percentage of pension liability	80%
Unfunded Plan
Defined Benefit Plan Disclosure [Line Items]
Expected future employer contributions, remainder of fiscal 2022	$ 4

Long-Term Debt and Credit Lin_3

Long-Term Debt and Credit Lines - Exclusive of Current Installments (Details) - USD ($) $ in Thousands	Jul. 30, 2022	Jan. 29, 2022	Jul. 31, 2021
Debt Instrument [Line Items]
Current maturities of long-term debt, net of debt issuance costs	$ (499,646)	$ 0	$ 0
Debt issuance costs	(17,644)	(19,033)	(20,424)
Long-term debt	2,857,143	3,354,841	3,352,892
Senior Notes
Debt Instrument [Line Items]
Total debt	$ 3,374,433	3,373,874	3,373,316
Senior Notes | 2.50% Senior Unsecured Notes Due May 15, 2023
Debt Instrument [Line Items]
Debt instrument, interest rate	2.50%
Effective interest rate	2.51%
Unamortized debt discount	$ 33	56	78
Total debt	$ 499,967	499,944	499,922
Senior Notes | 2.25% Senior Unsecured Notes Due September 15, 2026
Debt Instrument [Line Items]
Debt instrument, interest rate	2.25%
Effective interest rate	2.32%
Unamortized debt discount	$ 3,046	3,419	3,792
Total debt	$ 996,954	996,581	996,208
Senior Notes | 1.150% Senior Unsecured Notes Due March 15, 2028
Debt Instrument [Line Items]
Debt instrument, interest rate	1.15%
Effective interest rate	1.18%
Unamortized debt discount	$ 747	811	875
Total debt	$ 499,253	499,189	499,125
Senior Notes | 3.875% Senior Unsecured Notes Due April 15, 2030
Debt Instrument [Line Items]
Debt instrument, interest rate	3.875%
Effective interest rate	3.89%
Unamortized debt discount	$ 475	506	537
Total debt	$ 495,375	495,344	495,313
Senior Notes | 1.600% Senior Unsecured Notes Due May 15, 2031
Debt Instrument [Line Items]
Debt instrument, interest rate	1.60%
Effective interest rate	1.61%
Unamortized debt discount	$ 521	551	581
Total debt	$ 499,479	499,449	499,419
Senior Notes | 4.500% Senior Unsecured Notes Due April 15, 2050
Debt Instrument [Line Items]
Debt instrument, interest rate	4.50%
Effective interest rate	4.52%
Unamortized debt discount	$ 2,094	2,132	2,170
Total debt	$ 383,405	$ 383,367	$ 383,329

Long-Term Debt and Credit Lin_4

Long-Term Debt and Credit Lines - Additional Information (Details)	Jul. 30, 2022 USD ($) facility	Jul. 30, 2022 CAD ($) facility	Jul. 30, 2022 GBP (£) facility	Jan. 29, 2022 USD ($) facility	Jan. 29, 2022 CAD ($) facility	Jan. 29, 2022 GBP (£) facility	Jul. 31, 2021 USD ($) facility	Jul. 31, 2021 CAD ($) facility	Jul. 31, 2021 GBP (£) facility	Jun. 25, 2021 USD ($)
Debt Instrument [Line Items]
Revolving credit facilities, number | facility	2	2	2
Covenant, maximum leverage ratio	3.50	3.50	3.50
TJX Canada
Debt Instrument [Line Items]
Revolving credit facilities, number | facility	2	2	2	2	2	2	2	2	2
Credit facilities, amount outstanding		$ 0			$ 0			$ 0
Current borrowing capacity		10,000,000			10,000,000			10,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Revolver, maximum borrowing capacity	$ 1,500,000,000
Letter of Credit | TJX Canada
Debt Instrument [Line Items]
Credit facilities, amount outstanding		0			0			0
Current borrowing capacity		$ 10,000,000			$ 10,000,000			$ 10,000,000
TJX Europe Credit Line | TJX International
Debt Instrument [Line Items]
Credit facilities, amount outstanding | £			£ 0			£ 0			£ 0
Current borrowing capacity | £			£ 5,000,000			£ 5,000,000			£ 5,000,000
Revolving Credit Facility Due June 25, 2026 | Revolving Credit Facility
Debt Instrument [Line Items]
Revolver, maximum borrowing capacity										$ 1,000,000,000
Revolving Credit Facility Due May 10, 2024 | Revolving Credit Facility
Debt Instrument [Line Items]
Revolver, maximum borrowing capacity	500,000,000
Revolving Credit Facility Due March 11, 2022 | Revolving Credit Facility
Debt Instrument [Line Items]
Credit facilities, amount outstanding	$ 0			$ 0			$ 0

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021	Jan. 29, 2022
Income Tax Disclosure [Abstract]
Effective income tax rate	(25.40%)	(25.50%)	(27.90%)	(25.70%)
Net unrecognized tax benefits	$ 272	$ 280	$ 272	$ 280	$ 288
Accrued amounts for interest and penalties	39	$ 40	39	$ 40	$ 43
Possible decrease in unrecognized tax benefits that would reduce the provision for taxes on earnings (up to)	$ 40		$ 40