The TJX Companies, Inc. (TJX) 10-K 29 Mar 23 2023 FY Annual report Financial data

Cover

Cover - USD ($) $ in Billions	12 Months Ended
	Jan. 28, 2023	Mar. 27, 2023	Jul. 30, 2022
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jan. 28, 2023
Current Fiscal Year End Date	--01-28
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 Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 71
Entity Common Stock, Shares Outstanding		1,152,568,938
Documents Incorporated by Reference	Portions of the Proxy Statement to be filed with the Securities and Exchange Commission in connection with the Annual Meeting of Shareholders to be held on June 6, 2023
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Entity Central Index Key	0000109198

Audit Information

Audit Information	12 Months Ended
	Jan. 28, 2023
Audit Information [Abstract]
Auditor Firm ID	238
Auditor Name	PricewaterhouseCoopers LLP
Auditor Location	Boston, Massachusetts

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Income Statement [Abstract]
Net sales	$ 49,936	$ 48,550	$ 32,137
Cost of sales, including buying and occupancy costs	36,149	34,714	24,534
Selling, general and administrative expenses	8,927	9,081	7,021
Impairment on equity investment	218	0	0
Loss on early extinguishment of debt	0	242	312
Interest expense, net	6	115	181
Income before income taxes	4,636	4,398	89
Provision (benefit) for income taxes	1,138	1,115	(1)
Net income	$ 3,498	$ 3,283	$ 90
Basic earnings per share (in dollars per share)	$ 3	$ 2.74	$ 0.08
Weighted average common shares - basic (in shares)	1,166	1,200	1,200
Diluted earnings per share (in dollars per share)	$ 2.97	$ 2.70	$ 0.07
Weighted average common shares - diluted (in shares)	1,178	1,216	1,215

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 3,498	$ 3,283	$ 90
Additions to other comprehensive income (loss):
Foreign currency translation adjustments, net of related tax benefit of $7 and tax provisions of $0 and $2 in fiscal 2023, 2022 and 2021, respectively	(56)	(45)	14
Recognition of net gains/losses on benefit obligations, net of related tax provision of $41 in fiscal 2023, tax benefit of $18 in fiscal 2022 and tax provision of $10 in fiscal 2021	121	(48)	31
Reclassifications from other comprehensive (loss) to net income:
Amortization of loss on cash flow hedge, net of related tax provisions of $1 and $0 in fiscal 2022 and 2021, respectively	0	0	1
Amortization of prior service cost and deferred gains/losses, net of related tax provisions of $6, $5 and $7 in fiscal 2023, 2022 and 2021, respectively	16	13	20
Other comprehensive income (loss), net of tax	81	(80)	66
Total comprehensive income	$ 3,579	$ 3,203	$ 156

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustments, taxes	$ (7)	$ 0	$ 2
Recognition of net gains/losses on benefit obligations, taxes	41	(18)	10
Amortization of loss on cash flow hedge, taxes		1	0
Amortization of prior service cost and deferred gains/losses, net of related tax provisions	$ 6	$ 5	$ 7

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Current assets:
Cash and cash equivalents	$ 5,477	$ 6,227
Accounts receivable, net	563	518
Merchandise inventories	5,819	5,962
Prepaid expenses and other current assets	478	437
Federal, state and foreign income taxes recoverable	119	115
Total current assets	12,456	13,259
Net property at cost	5,783	5,271
Non-current deferred income taxes, net	158	185
Operating lease right of use assets	9,086	8,854
Goodwill	97	97
Other assets	769	795
Total assets	28,349	28,461
Current liabilities:
Accounts payable	3,794	4,465
Accrued expenses and other current liabilities	4,346	4,245
Current portion of operating lease liabilities	1,610	1,577
Current portion of long-term debt	500	0
Federal, state and foreign income taxes payable	55	181
Total current liabilities	10,305	10,468
Other long-term liabilities	919	1,015
Non-current deferred income taxes, net	127	44
Long-term operating lease liabilities	7,775	7,576
Long-term debt	2,859	3,355
Commitments and contingencies (See Note N)
Shareholders’ equity
Preferred stock, authorized 5,000,000 shares, par value $1, no shares issued	0	0
Common stock, authorized 1,800,000,000 shares, par value $1, issued and outstanding 1,155,437,908 and 1,181,188,731 shares, respectively	1,155	1,181
Additional paid-in capital	0	0
Accumulated other comprehensive (loss) income	(606)	(687)
Retained earnings	5,815	5,509
Total shareholders’ equity	6,364	6,003
Total liabilities and shareholders’ equity	$ 28,349	$ 28,461

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jan. 28, 2023	Jan. 29, 2022
Statement of Financial Position [Abstract]
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, par value ($ per share)	$ 1	$ 1
Preferred stock, shares issued (in shares)	0	0
Common stock, shares authorized (in shares)	1,800,000,000	1,800,000,000
Common stock, par value ($ per share)	$ 1	$ 1
Common stock, shares issued (in shares)	1,155,437,908	1,181,188,731
Common stock, shares outstanding (in shares)	1,155,437,908	1,181,188,731

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Cash flows from operating activities:
Net income	$ 3,498	$ 3,283	$ 90
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	887	868	871
Impairment on equity investment	218	0	0
Loss on early extinguishment of debt	0	242	312
Loss on property disposals and impairment charges	23	9	84
Deferred income tax provision (benefit)	64	(44)	(231)
Share-based compensation	122	189	59
Changes in assets and liabilities:
(Increase) in accounts receivable	(51)	(61)	(71)
Decrease (increase) in merchandise inventories	58	(1,658)	589
(Increase) decrease in income taxes recoverable	(5)	(78)	11
(Increase) decrease in prepaid expenses and other current assets	(73)	33	(57)
(Decrease) increase in accounts payable	(600)	(338)	2,111
(Decrease) increase in accrued expenses and other liabilities	(23)	659	585
(Decrease) increase in income taxes payable	(126)	100	53
(Decrease) increase in net operating lease liabilities	(1)	(129)	200
Other, net	93	(18)	(44)
Net cash provided by operating activities	4,084	3,057	4,562
Cash flows from investing activities:
Property additions	(1,457)	(1,045)	(568)
Purchases of investments	(31)	(22)	(29)
Sales and maturities of investments	18	21	18
Net cash (used in) investing activities	(1,470)	(1,046)	(579)
Cash flows from financing activities:
Payments for repurchase of common stock	(2,255)	(2,176)	(202)
Proceeds from issuance of common stock	321	229	211
Cash dividends paid	(1,339)	(1,252)	(278)
Payments on revolving credit facilities	0	0	(1,000)
Proceeds from long-term debt including revolving credit facilities	0	0	5,987
Payments of long-term debt and extinguishment expenses	0	(2,976)	(1,418)
Other	(33)	(25)	(72)
Net cash (used in) provided by financing activities	(3,306)	(6,200)	3,228
Effect of exchange rate changes on cash	(58)	(54)	42
Net (decrease) increase in cash and cash equivalents	(750)	(4,243)	7,253
Cash and cash equivalents at beginning of year	6,227	10,470	3,217
Cash and cash equivalents at end of year	$ 5,477	$ 6,227	$ 10,470

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Millions	Total	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive (Loss) Income	Retained Earnings
Beginning Balance (shares) at Feb. 01, 2020		1,199,000,000
Beginning Balance at Feb. 01, 2020	$ 5,948	$ 1,199	$ 0	$ (673)	$ 5,422
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	90				90
Other comprehensive income (loss), net of tax	66			66
Cash dividends declared on common stock	(312)				(312)
Recognition of share-based compensation	59		113		(54)
Issuance of common stock under stock incentive plan and related tax effect (shares)		9,000,000
Issuance of common stock under stock incentive plan and related tax effect	$ 184	$ 9	175		0
Common stock repurchased (shares)	(3,000,000)	(3,000,000)
Common stock repurchased	$ (202)	$ (3)	(27)		(172)
Ending balance (shares) at Jan. 30, 2021		1,205,000,000
Ending balance at Jan. 30, 2021	5,833	$ 1,205	261	(607)	4,974
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,283				3,283
Other comprehensive income (loss), net of tax	(80)			(80)
Cash dividends declared on common stock	(1,249)				(1,249)
Recognition of share-based compensation	189		189
Issuance of common stock under stock incentive plan and related tax effect (shares)		7,000,000
Issuance of common stock under stock incentive plan and related tax effect	$ 203	$ 7	196		0
Common stock repurchased (shares)	(31,000,000)	(31,000,000)
Common stock repurchased	$ (2,176)	$ (31)	(646)		(1,499)
Ending balance (shares) at Jan. 29, 2022	1,181,188,731	1,181,000,000
Ending balance at Jan. 29, 2022	$ 6,003	$ 1,181	0	(687)	5,509
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,498				3,498
Other comprehensive income (loss), net of tax	81			81
Cash dividends declared on common stock	(1,373)				(1,373)
Recognition of share-based compensation	122		122
Issuance of common stock under stock incentive plan and related tax effect (shares)		9,000,000
Issuance of common stock under stock incentive plan and related tax effect	$ 288	$ 9	279
Common stock repurchased (shares)	(35,000,000)	(35,000,000)
Common stock repurchased	$ (2,255)	$ (35)	(401)		(1,819)
Ending balance (shares) at Jan. 28, 2023	1,155,437,908	1,155,000,000
Ending balance at Jan. 28, 2023	$ 6,364	$ 1,155	$ 0	$ (606)	$ 5,815

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Statement of Stockholders' Equity [Abstract]
Common stock, par value ($ per share)	$ 1	$ 1	$ 1

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Jan. 28, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	Schedule II – Valuation and Qualifying Accounts In millions Balance Beginning of Period Amounts Charged to Net Income Write-Offs Against Reserve Balance End of Sales Return Reserve: Fiscal Year Ended January 28, 2023 $ 142 $ 5,600 $ 5,594 $ 148 Fiscal Year Ended January 29, 2022 $ 168 $ 5,627 $ 5,653 $ 142 Fiscal Year Ended January 30, 2021 $ 109 $ 3,530 $ 3,471 $ 168

Basis of Presentation and Summa

Basis of Presentation and Summary of Accounting Policies	12 Months Ended
	Jan. 28, 2023
Accounting Policies [Abstract]
Basis of Presentation and Summary of Accounting Policies	Basis of Presentation and Summary of Accounting Policies Basis of Presentation The Consolidated Financial Statements and Notes thereto of The TJX Companies, Inc. (referred to as “TJX,” “we” or “the Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and include the consolidated financial statements of all of TJX’s subsidiaries, all of which are wholly owned. All of the Company's activities are conducted by TJX or its subsidiaries and are consolidated in these consolidated financial statements. All intercompany transactions have been eliminated in consolidation. Fiscal Year TJX’s fiscal year ends on the Saturday nearest to the last day of January of each year. The fiscal years ended January 28, 2023 (“fiscal 2023”), January 29, 2022 (“fiscal 2022”) and January 30, 2021 (“fiscal 2021”) were 52-week fiscal years. 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. Summary of Accounting Policies Revenue Recognition Net Sales Net sales consist primarily of merchandise sales, which are recorded net of a reserve for estimated returns, any discounts and sales taxes, for the sales of merchandise both within our stores and online. Net sales also include an immaterial amount of other revenues that represent less than 1% of total revenues, primarily generated from shipping fee revenue on our online sales. In addition, certain customers, primarily Associates, may receive discounts that are accounted for as consideration reducing the transaction price. Merchandise sales from our stores are recognized at the point of sale when TJX provides the merchandise to the customer. The performance obligation is fulfilled at this point when the customer has obtained control by paying for and leaving with the merchandise. Merchandise sales made online are recognized when the product has been shipped, which is when legal title has passed and when TJX is entitled to payment, and the customer has obtained the ability to direct the use of and obtain substantially all of the remaining benefits from the goods. Shipping and handling activities related to online sales occur after the customer obtains control of the goods. TJX’s policy is to treat shipping costs as part of our fulfillment center costs within our operating expenditures. As a result, shipping fee revenues received are recognized when control of the goods transfer to the customer and are recorded as net sales. Shipping and handling costs incurred by TJX are included in cost of sales, including buying and occupancy costs. TJX disaggregates revenue by operating segment, see Note G—Segment Information. Deferred Gift Card Revenue Proceeds from the sale of gift cards as well as the value of store cards issued to customers as a result of a return or exchange are deferred until the customers use the cards to acquire merchandise, as TJX does not fulfill its performance obligation until the gift card has been redeemed. While gift cards have an indefinite life, substantially all are redeemed in the first year of issuance. The following table presents deferred gift card revenue activity: In millions January 28, January 29, Balance, beginning of year $ 685 $ 576 Deferred revenue 1,927 1,832 Effect of exchange rates changes on deferred revenue (5) (2) Revenue recognized (1,886) (1,721) Balance, end of year $ 721 $ 685 TJX recognized $1.9 billion in gift card revenue in fiscal 2023 and $1.7 billion in fiscal 2022 and $1.1 billion in fiscal 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. Based on historical experience, the Company estimates the amount of gift cards and store cards that will not be redeemed (referred to as breakage) and, to the extent allowed by local law, these amounts are amortized into income over the estimated redemption period. Revenue recognized from breakage was $44 million in fiscal 2023, $21 million in fiscal 2022 and $14 million in fiscal 2021. Sales Return Reserve The Company's products are generally sold with a right of return and the Company may provide other credits or incentives, which are accounted for as variable consideration when estimating the amount of revenue to recognize. The Company has elected to apply the portfolio practical expedient. The Company estimates the variable consideration using the expected value method when calculating the returns reserve because the difference in applying it to the individual contract would not differ materially. Returns are estimated based on historical experience and are required to be established and presented at the gross sales value with an asset established for the estimated value of the merchandise returned separately from the refund liability. Liabilities for return allowances are included in “Accrued expenses and other current liabilities” and the estimated value of the merchandise to be returned is included in “Prepaid expenses and other current assets” on the Company’s Consolidated Balance Sheets. Consolidated Statements of Income Classifications Cost of sales, including buying and occupancy costs, includes the cost of merchandise sold including foreign currency gains and losses on merchandise purchases denominated in other currencies; gains and losses on inventory and fuel-related derivative contracts; asset retirement obligation costs; divisional occupancy costs (including real estate taxes, utility and maintenance costs and fixed asset depreciation); the costs of operating distribution centers; payroll, benefits and travel costs directly associated with buying inventory; and systems costs related to the buying and tracking of inventory. Selling, general and administrative expenses include store payroll and benefit costs; communication costs; credit and check expenses; advertising; administrative and field management payroll, benefits and travel costs; corporate administrative costs and depreciation; gains and losses on non-inventory related foreign currency exchange contracts; and other miscellaneous income and expense items. Cash and Cash Equivalents TJX generally considers highly liquid investments with a maturity of 90 days or less at the date of purchase to be cash equivalents. If applicable, investments with maturities greater than 90 days but less than one year at the date of purchase are included in short-term investments. These investments are classified as trading securities and are stated at fair value. Investments are classified as either short-term or long-term based on their original maturities. TJX’s investments are primarily high-grade commercial paper, institutional money market funds and time deposits with major banks. As of January 28, 2023, TJX’s cash and cash equivalents held outside the U.S. were $1.2 billion, of which $0.7 billion was held in countries where TJX has the intention to reinvest any undistributed earnings indefinitely. Merchandise Inventories Inventories are stated at the lower of cost or market. TJX uses the retail method for valuing inventories at all of its businesses, except T.K. Maxx in Australia which is immaterial. The businesses that utilize the retail method have some inventory that is initially valued at cost before the retail method is applied as that inventory has not been fully processed for sale (i.e. inventory in transit and unprocessed inventory in the Company’s distribution centers). Under the retail method, TJX utilizes a permanent markdown strategy and lowers the cost value of the inventory that is subject to markdown at the time the retail prices are lowered in the stores. TJX records inventory at the time title transfers, which is typically at the time when inventory is shipped. As a result, merchandise inventories on TJX’s Consolidated Balance Sheets include in-transit inventory of $1.3 billion at January 28, 2023 and $1.7 billion at January 29, 2022. Comparable amounts were reflected in Accounts payable at those dates. Common Stock and Equity Equity transactions consist primarily of the repurchase by TJX of its common stock under its stock repurchase programs and the recognition of compensation expense and issuance of common stock under TJX’s Stock Incentive Plan. Under TJX’s stock repurchase programs, the Company repurchases its common stock on the open market. The par value of the shares repurchased is charged to common stock with the excess of the purchase price over par first charged against any available additional paid-in capital (“APIC”) and the balance charged to retained earnings. Due to the volume of share repurchases under previous programs, TJX has historically had no remaining balance in APIC. All shares repurchased have been retired. In August 2022, the Inflation Reduction Act of 2022 (“IRA”) was signed into law, which introduces a 1% excise tax after December 31, 2022 on the fair market value of certain stock that is repurchased during the taxable year. The taxable amount is reduced by the fair market value of certain issuances of stock throughout the year. Any excise tax incurred on repurchases will be recognized as part of the cost of the repurchase. Shares issued under TJX’s Stock Incentive Plan are issued from authorized but unissued shares, and proceeds received are recorded by increasing common stock for the par value of the shares with the excess over par added to APIC. Income tax benefits upon the expensing of options result in the creation of a deferred tax asset, while income tax benefits due to the exercise of stock options reduce deferred tax assets up to the amount that an asset for the related grant has been created. Any excess tax benefits or deficiencies are included in the provision for income taxes. The par value of performance share units and restricted stock units is added to common stock when shares are delivered following performance measurement date or service period to the extent vesting requirements have been achieved. The fair value of stock awards and units are added to APIC as the awards are amortized into earnings over the related requisite service periods. Share-Based Compensation TJX accounts for share-based compensation by estimating the fair value of each award on the date of grant. TJX uses the Black-Scholes option pricing model for options awarded and the market price on the grant date for stock awards. Performance-based awards are evaluated quarterly for probability of vesting and performance achievement levels. See Note H—Stock Incentive Plan for a detailed discussion of share-based compensation. Interest TJX’s interest expense is presented net of capitalized interest and interest income. The following is a summary of interest expense, net: Fiscal Year Ended In millions January 28, January 29, January 30, Interest expense $ 91 $ 123 $ 199 Capitalized interest (7) (4) (5) Interest (income) (78) (4) (13) Interest expense, net $ 6 $ 115 $ 181 TJX capitalizes interest during the active construction period of major capital projects and adds the interest to the related assets. Property and Equipment For financial reporting purposes, TJX provides for depreciation and amortization of property using the straight-line method over the estimated useful lives of the assets. Buildings are depreciated over 33 years. Leasehold costs and improvements are generally amortized over their useful life or the committed lease term (typically 10 years to 15 years), whichever is shorter. Furniture, fixtures and equipment are depreciated over 3 to 10 years. Depreciation and amortization expense for property was $879 million in fiscal 2023, and $858 million in both fiscal 2022 and fiscal 2021. TJX had no property held under finance leases during fiscal 2023, fiscal 2022 or fiscal 2021. Maintenance and repairs are charged to expense as incurred. Significant costs incurred for internally developed software are capitalized and amortized, generally over 5 years. Upon retirement or sale, the cost of disposed assets and the related accumulated depreciation are eliminated, and any gain or loss is included in income. Pre-opening costs, including rent, are expensed as incurred. Lease Accounting Operating leases are included in “Operating lease right of use assets,” “Current portion of operating lease liabilities,” and “Long-term operating lease liabilities” on the Company’s Consolidated Balance Sheets. Right of use (“ROU”) assets represent TJX’s right to use an underlying asset for the lease term and lease liabilities represent TJX’s obligation to make lease payments arising from the lease. At the inception of the arrangement, the Company determines if an arrangement is a lease based on assessment of the terms and conditions of the contract. Operating lease ROU assets and lease liabilities are recognized at possession date based on the present value of lease payments over the lease term. The majority of the Company’s leases are retail store locations, and the possession date is typically 30 to 60 days prior to the opening of the store and generally occurs before the commencement of the lease term, as specified in the lease. TJX’s lessors do not provide an implicit rate, nor is one readily available, therefore the Company uses its incremental borrowing rate based on the information available at possession date in determining the present value of future lease payments. The incremental borrowing rate is calculated based on the US Consumer Discretionary yield curve and adjusted for collateralization and foreign currency impact for TJX International and Canada leases. The operating lease ROU assets also include any acquisition costs offset by lease incentives. The Company’s lease terms include options to extend the lease when it is reasonably certain that the Company will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term within “Cost of sales, including buying and occupancy costs”. See Note L—Leases for a detailed discussion of lease accounting. Goodwill and Tradenames Goodwill includes the excess of the purchase price paid over the carrying value of the minority interest acquired in fiscal 1990 in TJX’s former 83%-owned subsidiary and represents goodwill associated with the T.J. Maxx chain, which is included in the Marmaxx segment. The Company’s goodwill also includes the excess of cost over the estimated fair market value of the net assets acquired by TJX in the purchase of Winners in fiscal 1991, included in TJX Canada, as well as the purchase of Trade Secret in fiscal 2016, which was re-branded under the T.K. Maxx name during fiscal 2018 and is included in TJX International. The following is a roll forward of goodwill by segment: In millions Marmaxx TJX Canada TJX International Total Balance, January 30, 2021 $ 70 $ 2 $ 27 $ 99 Effect of exchange rate changes on goodwill — 0 (2) (2) Balance, January 29, 2022 $ 70 $ 2 $ 25 $ 97 Effect of exchange rate changes on goodwill — 0 0 0 Balance, January 28, 2023 $ 70 $ 2 $ 25 $ 97 Goodwill is considered to have an indefinite life and accordingly is not amortized. Tradenames, which are included in other assets, are the value assigned to the name “Marshalls,” acquired by TJX in fiscal 1996 as part of the acquisition of the Marshalls chain, the value assigned to the name “Sierra Trading Post,” acquired by TJX in fiscal 2013 and the value assigned to the name “Trade Secret,” acquired by TJX in fiscal 2016. The tradenames were valued utilizing the relief from royalty method, which calculates the discounted present value of assumed after-tax royalty payments. The Marshalls tradename is considered to have an indefinite life and accordingly is not amortized. The Sierra Trading Post tradename is being amortized over 15 years. During the first quarter of fiscal 2021, the Company fully impaired the Trade Secret tradename, recording an impairment charge of $5 million. The following is a roll forward of tradenames: Fiscal Year Ended January 28, 2023 January 29, 2022 In millions Gross Carrying Amount Accumulated Amortization Net Carrying Value Gross Carrying Amount Accumulated Amortization Net Carrying Value Definite-lived intangible assets: Sierra Trading Post $ 39 $ (27) $ 12 $ 39 $ (24) $ 15 Trade Secret $ 13 $ (13) $ — $ 13 $ (13) $ — Indefinite-lived intangible asset: Marshalls $ 108 $ — $ 108 $ 108 $ — $ 108 TJX occasionally acquires or licenses other trademarks to be used in connection with private label merchandise. Such trademarks are included in other assets and are amortized to cost of sales, including buying and occupancy costs, over their useful life, generally from 7 to 10 years. Goodwill, tradenames and trademarks, and the related accumulated amortization or impairment if any, are included in the respective operating segment to which they relate. Impairment of Long-Lived Assets, Goodwill and Tradenames TJX evaluates long-lived assets, including tradenames that are amortized and operating lease right of use assets, for impairment whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. This evaluation is performed at the lowest level of identifiable cash flows which are largely independent of other groups of assets, generally at the individual store level for fixed assets and operating lease right of use assets, and at the reporting unit for tradenames that are amortized. If indicators of impairment are identified, an undiscounted cash flow analysis is performed to determine if the carrying value of the asset or asset group is recoverable. If the cash flow is less than the carrying value then an impairment charge will be recorded to the extent the fair value of an asset or asset group is less than the carrying value of that asset or asset group. This resulted in immaterial impairment charges on operating lease ROU assets and store fixed assets in fiscal 2023, fiscal 2022 and fiscal 2021. In fiscal 2021, the Company fully impaired the Trade Secret tradename. There were no impairments related to tradenames in fiscal 2023 or fiscal 2022. Goodwill and indefinite life tradenames are tested for impairment whenever events or changes in circumstances indicate that an impairment may have occurred and at least annually in the fourth quarter of each fiscal year. Goodwill is tested for impairment by using a quantitative assessment by comparing the carrying value of the related reporting unit to its fair value. An impairment exists when this analysis, using typical valuation models such as the discounted cash flow method, shows that the fair value of the reporting unit is less than the carrying cost of the reporting unit. The Company may assess qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill. The assessment of qualitative factors is optional and at the Company’s discretion. Indefinite life tradenames are tested for impairment by comparing their carrying value to their fair value, which is determined by calculating the discounted present value of assumed after-tax royalty payments. In fiscal 2023, fiscal 2022 and fiscal 2021, the Company bypassed the qualitative assessment and performed the quantitative impairment test. There were no impairments related to the Company’s goodwill or indefinite life tradenames in fiscal 2023, fiscal 2022, or fiscal 2021. Advertising Costs TJX expenses advertising costs as incurred. Advertising expense was $0.5 billion for both fiscal 2023 and fiscal 2022 and $0.3 billion for fiscal 2021. Foreign Currency Translation TJX’s foreign assets and liabilities are translated into U.S. dollars at fiscal year-end exchange rates with resulting translation gains and losses included in shareholders’ equity as a component of Accumulated other comprehensive (loss) income. Activity of the foreign operations that affect the Consolidated Statements of Income and Cash Flows is translated at average exchange rates prevailing during the fiscal year. Loss Contingencies TJX records a reserve for loss contingencies when it is both probable that a loss will be incurred and the amount of the loss is reasonably estimable. TJX evaluates pending litigation and other contingencies at least quarterly and adjusts the reserve for such contingencies for changes in probable and reasonably estimable losses. TJX includes an estimate for related legal costs at the time such costs are both probable and reasonably estimable. 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 fiscal 2023, the Company announced that it had committed to divesting its minority investment. As a result, the Company performed an impairment analysis of this investment and recorded an impairment charge of $218 million representing the entire carrying value of the Company’s investment. Additionally, the Company realized a $54 million tax benefit when the Company completed the divestiture of this investment during the third quarter ended October 29, 2022. See Note F—Fair Value Measurements for additional information. As of the end of fiscal 2022, the carrying value of the Company’s equity investment in Familia was $186 million, which exceeded its share of Familia’s net assets by approximately $167 million. Substantially all of this difference was comprised of goodwill. 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	12 Months Ended
	Jan. 28, 2023
Property, Plant and Equipment [Abstract]
Property at Cost	Property at Cost The following table presents the components of property at cost: Fiscal Year Ended In millions January 28, January 29, Land and buildings $ 2,043 $ 1,912 Leasehold costs and improvements 3,874 3,652 Furniture, fixtures and equipment 7,400 6,872 Total property at cost $ 13,317 $ 12,436 Less accumulated depreciation and amortization 7,534 7,165 Net property at cost $ 5,783 $ 5,271 Presented below is information related to carrying values of TJX’s long-lived tangible assets by geographic location: Fiscal Year Ended In millions January 28, January 29, United States $ 4,518 $ 4,041 Canada 274 248 Europe 923 927 Australia 68 55 Total long-lived tangible assets $ 5,783 $ 5,271

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss) Income	12 Months Ended
	Jan. 28, 2023
Equity [Abstract]
Accumulated Other Comprehensive (Loss) Income	Accumulated Other Comprehensive (Loss) Income Amounts included in Accumulated other comprehensive (loss) income relate to the Company’s foreign currency translation adjustments, deferred gains/losses on pension and other post-retirement obligations and a cash flow hedge on issued debt, all of which are recorded net of the related income tax effects. The following table details the changes in Accumulated other comprehensive (loss) income for fiscal 2023, fiscal 2022 and fiscal 2021: In millions and net of immaterial taxes Foreign Deferred Cash Flow Accumulated Balance, February 1, 2020 $ (457) $ (215) $ (1) $ (673) Additions to other comprehensive loss: Foreign currency translation adjustments, net of taxes 14 — — 14 Recognition of net gains/losses on benefit obligations, net of taxes — 31 — 31 Reclassifications from other comprehensive loss to net income: Amortization of loss on cash flow hedge, net of taxes — — 1 1 Amortization of prior service cost and deferred gains/losses, net of taxes — 20 — 20 Balance, January 30, 2021 $ (443) $ (164) $ — $ (607) Additions to other comprehensive loss: Foreign currency translation adjustments, net of taxes (45) — — (45) Recognition of net gains/losses on benefit obligations, net of taxes — (48) — (48) Reclassifications from other comprehensive loss to net income: Amortization of loss on cash flow hedge, net of taxes — — 0 0 Amortization of prior service cost and deferred gains/losses, net of taxes — 13 — 13 Balance, January 29, 2022 $ (488) $ (199) $ — $ (687) Additions to other comprehensive loss: Foreign currency translation adjustments, net of taxes (56) — — (56) Recognition of net gains/losses on benefit obligations, net of taxes — 121 — 121 Reclassifications from other comprehensive loss to net income: Amortization of prior service cost and deferred gains/losses, net of taxes — 16 — 16 Balance, January 28, 2023 $ (544) $ (62) $ — $ (606)

Capital Stock and Earnings Per

Capital Stock and Earnings Per Share	12 Months Ended
	Jan. 28, 2023
Equity [Abstract]
Capital Stock and Earnings Per Share	Capital Stock and Earnings Per Share Capital Stock TJX repurchased and retired 35 million shares of its common stock at a cost of approximately $2.3 billion during fiscal 2023, 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 $2.3 billion in fiscal 2023, $2.2 billion in fiscal 2022 and $0.2 billion in fiscal 2021 and repurchased 35 million shares in fiscal 2023, 31 million shares in fiscal 2022 and 3 million shares in fiscal 2021. These expenditures were funded by cash on hand and cash generated from operations. In February 2023, the Company announced that its Board of Directors had approved a new stock repurchase program that authorizes the repurchase of up to an additional $2 billion of TJX common stock from time to time. Under this program and previously announced programs, TJX had approximately $3.5 billion available for repurchase as of January 28, 2023. All shares repurchased under the stock repurchase programs have been retired. TJX has five million shares of authorized but unissued preferred stock, $1 par value. Earnings Per Share The following table presents the calculation of basic and diluted earnings per share: Fiscal Year Ended Amounts in millions except per share amounts January 28, January 29, January 30, Basic earnings per share: Net income $ 3,498 $ 3,283 $ 90 Weighted average common shares outstanding for basic earnings per share calculation 1,166 1,200 1,200 Basic earnings per share $ 3.00 $ 2.74 $ 0.08 Diluted earnings per share: Net income $ 3,498 $ 3,283 $ 90 Weighted average common shares outstanding for basic earnings per share calculation 1,166 1,200 1,200 Assumed exercise/vesting of stock options and awards 12 16 15 Weighted average common shares outstanding for diluted earnings per share calculation 1,178 1,216 1,215 Diluted earnings per share $ 2.97 $ 2.70 $ 0.07 Cash dividends declared per share (a) $ 1.18 $ 1.04 $ 0.26 (a) There were no dividends declared during the first three quarters of fiscal 2021. The Company declared a dividend of $0.26 per share in the fourth quarter of fiscal 2021. 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 periods. Such options are excluded because they would have an antidilutive effect. There were 6 million, 5 million, and 6 million such options excluded at the end of fiscal 2023, fiscal 2022 and fiscal 2021, respectively.

Financial Instruments

Financial Instruments	12 Months Ended
	Jan. 28, 2023
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 fuel 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 2023, TJX entered into agreements to hedge a portion of its estimated notional diesel fuel requirements for fiscal 2024. The hedge agreements outstanding at January 28, 2023 relate to approximately 50% of TJX’s estimated notional diesel fuel requirements for fiscal 2024. These diesel fuel hedge agreements will settle throughout fiscal 2024 and the first month of fiscal 2025. 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 January 28, 2023 cover merchandise purchases the Company is committed to over the next several months in fiscal 2024. 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. 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 January 28, 2023: In millions Pay Receive Blended Balance Sheet Current Current Net Fair Value in U.S.$ at January 28, 2023 Fair value hedges: Intercompany balances, primarily debt: € 60 £ 53 0.8807 (Accrued Exp) $ — $ (0.3) $ (0.3) A$ 150 U.S.$ 105 0.7003 (Accrued Exp) — (2.6) (2.6) U.S.$ 69 £ 55 0.8010 (Accrued Exp) — (0.3) (0.3) £ 200 U.S.$ 244 1.2191 (Accrued Exp) — (5.5) (5.5) € 200 U.S.$ 213 1.0652 Prepaid Exp / (Accrued Exp) 0.8 (7.0) (6.2) Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Fixed on 3.2M - 3.6M gal per month Float on 3.2M - 3.6M gal per month N/A Prepaid Exp 3.9 — 3.9 Intercompany billings in TJX International, primarily merchandise related: € 146 £ 129 0.8834 Prepaid Exp 0.8 — 0.8 Merchandise purchase commitments: C$ 705 U.S.$ 525 0.7449 Prepaid Exp / (Accrued Exp) 2.2 (7.1) (4.9) C$ 23 € 16 0.7064 Prepaid Exp / (Accrued Exp) 0.4 0.0 0.4 £ 299 U.S.$ 356 1.1916 Prepaid Exp / (Accrued Exp) 0.1 (15.4) (15.3) zł 507 £ 91 0.1788 (Accrued Exp) — (3.6) (3.6) A$ 104 U.S.$ 71 0.6819 (Accrued Exp) — (3.3) (3.3) U.S.$ 85 € 82 0.9634 Prepaid Exp 4.3 — 4.3 Total fair value of derivative financial instruments $ 12.5 $ (45.1) $ (32.6) The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at January 29, 2022: In millions Pay Receive Blended Balance Sheet Current Current Net Fair Value in U.S.$ at January 29, 2022 Fair value hedges: Intercompany balances, primarily debt: zł 25 £ 5 0.1816 Prepaid Exp $ 0.1 $ — $ 0.1 € 60 £ 51 0.8428 Prepaid Exp 0.1 — 0.1 A$ 170 U.S.$ 122 0.7180 Prepaid Exp 2.0 — 2.0 U.S.$ 75 £ 55 0.7368 (Accrued Exp) — (1.0) (1.0) € 200 U.S.$ 230 1.1516 Prepaid Exp 4.5 — 4.5 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 23.7 — 23.7 Intercompany billings in TJX International, primarily merchandise related: € 91 £ 76 0.8340 (Accrued Exp) — (0.1) (0.1) Merchandise purchase commitments: C$ 988 U.S.$ 783 0.7927 Prepaid Exp / (Accrued Exp) 6.7 (0.1) 6.6 C$ 38 € 27 0.6948 (Accrued Exp) — (0.2) (0.2) £ 325 U.S.$ 442 1.3583 Prepaid Exp / (Accrued Exp) 6.0 (0.6) 5.4 zł 453 £ 82 0.1813 Prepaid Exp / (Accrued Exp) 0.7 (0.4) 0.3 A$ 66 U.S.$ 48 0.7246 Prepaid Exp 1.3 — 1.3 U.S.$ 67 € 59 0.8807 (Accrued Exp) — (0.9) (0.9) Total fair value of derivative financial instruments $ 45.1 $ (3.3) $ 41.8 The impact of derivative financial instruments on the Consolidated Statements of Income is presented below: Location of Gain (Loss) Recognized in Income by Derivative Amount of Gain (Loss) Recognized in In millions January 28, January 29, January 30, Fair value hedges: Intercompany balances, primarily debt Selling, general and administrative expenses $ 12 $ 36 $ (60) Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Cost of sales, including buying and occupancy costs 55 43 (6) Intercompany billings in TJX International, primarily merchandise related Cost of sales, including buying and occupancy costs (9) 5 (4) Merchandise purchase commitments Cost of sales, including buying and occupancy costs 71 24 (4) Gain (loss) recognized in income $ 129 $ 108 $ (74) Included in the table above are realized gains of $200 million in fiscal 2023 and $54 million in fiscal 2022 and realized losses of $74 million in fiscal 2021, all of which were largely offset by gains and losses on the underlying hedged item.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Jan. 28, 2023
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: Fiscal Year Ended In millions January 28, January 29, Level 1 Assets: Executive Savings Plan investments $ 371.6 $ 387.7 Level 2 Assets: Foreign currency exchange contracts $ 8.6 $ 21.4 Diesel fuel contracts 3.9 23.7 Liabilities: Foreign currency exchange contracts $ 45.1 $ 3.3 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 inputs. The fair value of long-term debt at January 28, 2023 was $2.6 billion compared to a carrying value of $2.9 billion primarily due to the increase in interest rates. The fair value and the carrying value of the current portion of long-term debt as of January 28, 2023 were both $0.5 billion. The fair value of long-term debt at January 29, 2022 was $3.5 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 J—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 years ended January 28, 2023, January 29, 2022 and January 30, 2021, the Company did not record any material impairments to long-lived assets. During the first quarter of fiscal 2023, the Company announced its intention to divest from its position in its minority investment in Familia and re-characterized this investment as held-for-sale valued as a Level 3 position. Given the lack of an active market or observable inputs, the Company derived an exit price which indicated that this investment had no market value. As a result, the Company recorded a $218 million charge in the first quarter of fiscal 2023, which represents the entirety of its investment. See Note A—Basis of Presentation and Summary of Accounting Policies for additional information.

Segment Information

Segment Information	12 Months Ended
	Jan. 28, 2023
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 retail stores and sierra.com 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/Homesense, sell family apparel and home fashions. HomeGoods and HomeSense/Homesense offer home fashions. The percentages of the Company’s consolidated revenues by major product category for the last three fiscal years are as follows: Fiscal 2023 Fiscal 2022 Fiscal 2021 Apparel: Clothing including footwear 48 % 47 % 46 % Jewelry and accessories 17 15 15 Home fashions 35 38 39 Total 100 % 100 % 100 % 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: Fiscal Year Ended In millions January 28, January 29, January 30, Net sales: In the United States: Marmaxx $ 30,545 $ 29,483 $ 19,363 HomeGoods 8,264 8,995 6,096 TJX Canada 4,912 4,343 2,836 TJX International 6,215 5,729 3,842 Total net sales $ 49,936 $ 48,550 $ 32,137 Segment profit (loss): In the United States: Marmaxx $ 3,883 $ 3,813 $ 891 HomeGoods 522 907 510 TJX Canada 690 485 124 TJX International 347 161 (504) Total segment profit $ 5,442 $ 5,366 $ 1,021 General corporate expense 582 611 439 Impairment on equity investment 218 — — Loss on early extinguishment of debt — 242 312 Interest expense, net 6 115 181 Income before income taxes $ 4,636 $ 4,398 $ 89 Business segment information (continued): Fiscal Year Ended In millions January 28, January 29, January 30, Identifiable assets: In the United States: Marmaxx $ 12,170 $ 11,229 $ 10,221 HomeGoods 3,590 3,461 2,851 TJX Canada 2,003 2,197 2,035 TJX International 4,075 4,281 4,389 Corporate (a) 6,511 7,293 11,318 Total identifiable assets $ 28,349 $ 28,461 $ 30,814 Capital expenditures: In the United States: Marmaxx $ 822 $ 513 $ 216 HomeGoods 295 244 162 TJX Canada 110 69 44 TJX International 230 219 146 Total capital expenditures $ 1,457 $ 1,045 $ 568 Depreciation and amortization: In the United States: Marmaxx $ 480 $ 465 $ 479 HomeGoods 165 149 135 TJX Canada 70 73 71 TJX International 167 174 176 Corporate (b) 5 7 10 Total depreciation and amortization $ 887 $ 868 $ 871 (a) Corporate identifiable assets consist primarily of cash, the trust assets in connection with the Executive Savings Plan and in fiscal 2022 and fiscal 2021 included the minority investment in Familia. Consolidated cash, including cash held in the Company’s foreign entities, is included with corporate assets for consistency with the reporting of cash for the Company’s segments in the U.S. (b) Includes debt discount accretion and debt expense amortization.

Stock Incentive Plan

Stock Incentive Plan	12 Months Ended
	Jan. 28, 2023
Share-Based Payment Arrangement [Abstract]
Stock Incentive Plan	Stock Incentive Plan TJX has a Stock Incentive Plan under which options and other share-based awards may be granted to its directors, officers and key employees. The number of shares authorized for issuance under this plan has been approved by TJX’s shareholders, and all share-based compensation awards are made under this plan. The Stock Incentive Plan, as amended with shareholder approval, has provided for the issuance of up to 723 million shares with 49 million shares available for future grants as of January 28, 2023. TJX issues shares under the plan from authorized but unissued common stock. Total compensation cost related to share-based compensation was $122 million, $189 million and $59 million in fiscal 2023, 2022 and 2021, respectively. As of January 28, 2023, there was $178 million of total unrecognized compensation cost related to non-vested share-based compensation arrangements granted under the plan. That cost is expected to be recognized over a weighted-average period of 2 years. Stock Options Options for the purchase of common stock are granted with an exercise price that is 100% of market price on the grant date, generally vest in thirds over a 3-year period starting 1 year after the grant, and have a 10-year maximum term. When options are granted with other vesting terms, the vesting information is reflected in the valuation. The fair value of options is estimated as of the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions: Fiscal Year Ended January 28, January 29, January 30, Risk-free interest rate 3.69 % 0.84 % 0.28 % Dividend yield 1.8 % 1.5 % 1.4 % Expected volatility factor 26.0 % 23.8 % 26.5 % Expected option life 5.5 years 5.0 years 5.0 years Weighted average fair value of options issued $ 16.68 $ 12.85 $ 11.29 The risk-free interest rate is for periods within the contractual life of the option based on the U.S. Treasury yield curve in effect at the time of grant. The Company uses historical data to estimate option exercises, employee termination behavior and dividend yield within the valuation model. Expected volatility is based on a combination of implied volatility from traded options on the Company’s stock, and historical volatility during a term approximating the expected life of the option granted. The expected option life represents an estimate of the period of time options are expected to remain outstanding based upon historical exercise trends. Employee groups and option characteristics are considered separately for valuation purposes when applicable. A summary of the status of TJX’s stock options and related weighted average exercise prices (“WAEP”) is presented below: Fiscal Year Ended Shares in millions January 28, January 29, January 30, Options WAEP Options WAEP Options WAEP Outstanding at beginning of year 40 $ 47.11 43 $ 41.79 45 $ 36.81 Granted 6 65.54 5 70.48 6 57.32 Exercised (8) 38.12 (7) 32.04 (8) 25.68 Forfeitures (1) 63.29 (1) 57.55 0 52.96 Outstanding at end of year 37 $ 51.88 40 $ 47.11 43 $ 41.79 Options exercisable at end of year 26 $ 45.99 29 $ 40.93 31 $ 36.05 The total intrinsic value of options exercised was $0.3 billion in each of fiscal 2023, fiscal 2022 and fiscal 2021. The following table summarizes information about stock options outstanding that were expected to vest and stock options outstanding that were exercisable as of January 28, 2023: Shares (in millions) Aggregate Intrinsic Value (in millions) Weighted WAEP Options outstanding expected to vest (a) 10 $ 170 9.0 years $ 65.58 Options exercisable 26 939 4.9 years 45.99 Total outstanding options vested and expected to vest 36 $ 1,109 6.1 years $ 51.58 (a) Reflects 11 million unvested options, net of anticipated forfeitures. Stock Awards TJX grants restricted stock units and performance share units under the Stock Incentive Plan. Restricted stock units and performance share units are collectively referred to as stock awards. These stock awards were granted without a purchase price to the recipient and are subject to vesting conditions. Vesting conditions for performance share units include specified performance criteria, generally for a period of three During fiscal 2022, modifications were approved to previously-granted nonvested performance share unit awards. Under ASC Topic 718 these modifications required that the fair value of these awards be adjusted to reflect the fair value on the date of the modification and resulted in a share-based compensation charge of $37 million in fiscal 2022. There were no modifications to stock awards in fiscal 2023. A summary of the status of the Company’s non-vested stock awards and changes during fiscal 2023 is presented below: In thousands except grant date fair value Restricted Stock Units Performance Share Units Total Stock Awards Weighted Nonvested at beginning of year 1,836 932 2,768 $ 58.91 Granted 461 471 932 60.46 Vested (368) (627) (995) 55.27 Forfeited (62) (15) (77) 27.29 Nonvested at end of year 1,867 761 2,628 $ 61.76 There were 932 thousand units with a weighted average grant date fair value of $60.46, granted in fiscal 2023, 820 thousand units, with a weighted average grant date fair value of $65.53, granted in fiscal 2022 and 857 thousand units, with a weighted average grant date fair value of $56.24, granted in fiscal 2021. The fair value of awards that vested was $55 million in fiscal 2023, $44 million in fiscal 2022 and $57 million in fiscal 2021. The nonvested performance share units are based on the target level of performance achievement under the awards. The actual payout of performance share units will depend on performance results for the award cycle. Other Awards TJX also awards deferred shares to its outside directors under the Stock Incentive Plan. As of the end of fiscal 2023, a total of 433 thousand of these deferred shares were outstanding under the plan.

Pension Plans and Other Retirem

Pension Plans and Other Retirement Benefits	12 Months Ended
	Jan. 28, 2023
Retirement Benefits [Abstract]
Pension Plans and Other Retirement Benefits	Pension Plans and Other Retirement Benefits Pension TJX has a funded defined benefit retirement plan that covers eligible U.S. employees hired prior to February 1, 2006. No employee contributions are required, or permitted, and benefits are based principally on compensation earned in each year of service. TJX’s funded defined benefit retirement plan assets are invested in domestic and international equity and fixed income securities, both directly and through investment funds. The plan does not invest in TJX securities. TJX also has an unfunded supplemental retirement plan that covers certain key employees and provides additional retirement benefits based on final average compensation for certain of those employees (the “primary benefit”) or, alternatively, based on benefits that would be provided under the funded retirement plan absent Internal Revenue Code limitations (the “alternative benefit”). 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 fiscal years indicated. The Company has elected the practical expedient pursuant to ASU 2015-4–Compensation-retirement benefits (Topic 715) and has selected the measurement date of January 31, the calendar month end closest to the Company’s fiscal year end. Funded Plan Unfunded Plan In millions January 28, January 29, January 28, January 29, Change in projected benefit obligation: Projected benefit obligation at beginning of year $ 1,717 $ 1,619 $ 114 $ 113 Service cost 48 49 2 2 Interest cost 58 52 4 3 Actuarial (gains) losses (442) 29 (9) 0 Benefits paid (35) (29) (2) (4) Expenses paid (3) (3) — — Projected benefit obligation at end of year $ 1,343 $ 1,717 $ 109 $ 114 Accumulated benefit obligation at end of year $ 1,241 $ 1,560 $ 93 $ 100 Funded Plan Unfunded Plan In millions January 28, January 29, January 28, January 29, Change in plan assets: Fair value of plan assets at beginning of year $ 1,713 $ 1,686 $ — $ — Actual return on plan assets (200) 59 — — Employer contribution 0 0 2 4 Benefits paid (35) (29) (2) (4) Expenses paid (3) (3) — — Fair value of plan assets at end of year $ 1,475 $ 1,713 $ — $ — Reconciliation of funded status: Projected benefit obligation at end of year $ 1,343 $ 1,717 $ 109 $ 114 Fair value of plan assets at end of year 1,475 1,713 — — Funded status – excess (asset) obligation $ (132) $ 4 $ 109 $ 114 Net (asset) liability recognized on Consolidated Balance Sheets $ (132) $ 4 $ 109 $ 114 Amounts not yet reflected in net periodic benefit cost and included in Accumulated other comprehensive income (loss): Prior service cost $ 0 $ 0 $ — $ — Accumulated actuarial losses 126 297 19 32 Amounts included in Accumulated other comprehensive income (loss) $ 126 $ 297 $ 19 $ 32 The Consolidated Balance Sheets reflect the funded status of the plans with any unrecognized prior service cost and actuarial gains and losses recorded in Accumulated other comprehensive income (loss). The funded plan asset of $132 million is reflected on the Consolidated Balance Sheets in other current assets as of January 28, 2023. The unfunded plan liability is reflected on the Consolidated Balance Sheets as of January 28, 2023 as current liabilities of $4 million and a long-term liability of $105 million. The combined net accrued liability of $118 million at January 29, 2022 is reflected on the Consolidated Balance Sheets as of that date as a current liability of $4 million and a long-term liability of $114 million. The decrease in the actuarial losses included in Accumulated other comprehensive income (loss) for the funded plan for fiscal 2023 was driven by the impact of higher discount rates offset by a decrease in actual return on plan assets. TJX determined the assumed discount rate using the BOND: Link model in fiscal 2023 and fiscal 2022. TJX uses the BOND: Link model as this model allows for the selection of specific bonds resulting in better matches in timing of the plans’ expected cash flows. Presented below are weighted average assumptions for measurement purposes for determining the obligation at the year-end measurement date: Funded Plan Unfunded Plan January 28, January 29, January 28, January 29, Discount rate 5.40 % 3.40 % 5.60 % 3.30 % Rate of compensation increase 4.00 % 4.00 % 4.00 % 4.00 % TJX made aggregate cash contributions of $3 million in fiscal 2023 and $5 million in fiscal 2022 to the funded plan and to fund current benefit and expense payments under the unfunded plan. 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 2024 for the funded plan. The Company anticipates making contributions of $4 million to provide current benefits coming due under the unfunded plan in fiscal 2024. The following are the components of net periodic benefit cost and other amounts recognized in other comprehensive income (loss) related to the Company’s pension plans: Funded Plan Unfunded Plan In millions January 28, January 29, January 30, January 28, January 29, January 30, Net periodic pension cost: Service cost $ 48 $ 49 $ 50 $ 2 $ 2 $ 2 Interest cost 58 52 50 4 3 3 Expected return on plan assets (89) (95) (88) — — — Amortization of prior service cost 0 0 0 — — — Amortization of net actuarial loss 18 14 23 4 4 4 Total expense $ 35 $ 20 $ 35 $ 10 $ 9 $ 9 Other changes in plan assets and benefit obligations recognized in other comprehensive income: Net (gain) loss $ (153) $ 66 $ (49) $ (9) $ 0 $ 8 Amortization of net (loss) (18) (14) (23) (4) (4) (4) Amortization of prior service cost 0 0 0 — — — Total (gain) loss recognized in other comprehensive income $ (171) $ 52 $ (72) $ (13) $ (4) $ 4 Total recognized in net periodic benefit cost and other comprehensive income (loss) $ (136) $ 72 $ (37) $ (3) $ 5 $ 13 Weighted average assumptions for expense purposes: Discount rate 3.40 % 3.20 % 3.30 % 3.30 % 2.80 % 3.10 % Expected rate of return on plan assets 5.25 % 5.75 % 5.75 % N/A N/A N/A Rate of compensation increase 4.00 % 4.00 % 4.00 % 4.00 % 4.00 % 4.00 % TJX develops its long-term rate of return assumption by evaluating input from professional advisors taking into account the asset allocation of the portfolio and long-term asset class return expectations, as well as long-term inflation assumptions. The unrecognized gains and losses in excess of 10% of the projected benefit obligation are amortized over the average remaining service life of participants. The following is a schedule of the benefits expected to be paid in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter: In millions Funded Plan Unfunded Plan Fiscal Year: 2024 $ 47 $ 4 2025 53 8 2026 59 50 2027 65 8 2028 71 9 2029 through 2033 440 43 The following tables present the fair value hierarchy (See Note F—Fair Value Measurements) for pension assets measured at fair value on a recurring basis: Funded Plan at January 28, 2023 In millions Level 1 Level 2 Total Asset category: Short-term investments $ 9 $ — $ 9 Equity Securities 163 — 163 Fixed Income Securities: Corporate and government bond funds — 882 882 Futures Contracts — (4) (4) Total assets in the fair value hierarchy $ 172 $ 878 $ 1,050 Assets measured at net asset value (a) — — 425 Fair value of assets $ 172 $ 878 $ 1,475 Funded Plan at January 29, 2022 In millions Level 1 Level 2 Total Asset category: Short-term investments $ 8 $ — $ 8 Equity Securities 178 — 178 Fixed Income Securities: Corporate and government bond funds — 1,022 1,022 Futures Contracts — 3 3 Total assets in the fair value hierarchy $ 186 $ 1,025 $ 1,211 Assets measured at net asset value (a) — — 502 Fair value of assets $ 186 $ 1,025 $ 1,713 (a) In accordance with Subtopic 820-10, certain investments that were measured using net asset value per share (or its equivalent) as a practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the fair value of assets presented above. Pension plan assets are reported at fair value. Investments in equity securities traded on a national securities exchange are valued at the composite close price, as reported in the Wall Street Journal, as of the financial statement date. This information is provided by the independent pricing sources. Short-term investments are primarily cash related to funding of the plan which had yet to be invested as of balance sheet dates. Certain corporate and government bonds are valued at the closing price reported in the active market in which the bond is traded. Other bonds are valued based on yields currently available on comparable securities of issuers with similar credit ratings. When quoted prices are not available for identical or similar bonds, the bond is valued under a discounted cash flow approach that maximizes observable inputs, such as current yields of similar instruments, but includes adjustments for certain risks that may not be observable, such as credit and liquidity risks. All bonds are priced by independent pricing sources. Assets measured at net asset value include investments in limited partnerships, which are stated at the fair value of the plan’s partnership interest based on information supplied by the partnerships as compared to financial statements of the limited partnership or other fair value information as determined by management. Cash equivalents or short-term investments are stated at cost which approximates fair value, and the fair value of common/collective trusts is determined based on net asset value as reported by their fund managers. Following is the asset allocation under the qualified pension plan as of the valuation date for the fiscal years presented: January 28, January 29, Return-seeking assets 46% 45% Liability-hedging assets 54% 55% All other – primarily cash —% —% Under TJX’s investment policy, qualified pension plan assets are to be invested with the objective of generating investment returns that, in combination with funding contributions, provide adequate assets to meet all current and reasonably anticipated future benefit obligations under the plan. The investment policy includes a dynamic asset allocation strategy, whereby, over time, in connection with improvements in the plan’s funded status, the target allocation of return-seeking assets (generally, equities and other instruments with a similar risk profile) may decline and the target allocation of liability-hedging assets (generally, fixed income and other instruments with a similar risk profile) may increase. Under the investment policy guidelines, the target asset allocation of return-seeking assets and liability-hedging assets was 44% and 56%, respectively, as of January 28, 2023. Risks are sought to be mitigated through asset diversification and the use of multiple investment managers. Investment risk is measured and monitored on an ongoing basis through investment portfolio reviews, annual liability measurements and periodic asset/liability studies. Other Retirement Benefits TJX also sponsors an employee savings plan under Section 401(k) of the Internal Revenue Code for eligible U.S. employees and a similar type of plan for eligible employees in Puerto Rico. Employees may contribute up to 50% of eligible pay, subject to limitations. For eligible employees who have completed the applicable service requirement, TJX matches employee contributions, up to 5% of eligible pay, including a basic match at rates of 25% or 75% (based upon date of hire and other eligibility criteria) plus a discretionary match, generally up to 25%, based on TJX’s performance. TJX may also make additional discretionary contributions. Certain eligible employees are automatically enrolled in the U.S. Plan and the Puerto Rico savings plan at a 2% deferral rate, unless the employee elects otherwise. The total cost of TJX contributions to these plans was $77 million in fiscal 2023, $83 million in fiscal 2022 and $61 million in fiscal 2021. TJX also has a nonqualified savings plan (the Executive Savings Plan) for certain U.S. employees. TJX matches employee deferrals at various rates which amounted to $6 million in fiscal 2023, $7 million in fiscal 2022 and $3 million in fiscal 2021. Although the plan is unfunded, in order to help meet its future obligations TJX transfers an amount generally equal to employee deferrals and the related company match to a separate “rabbi” trust. The trust assets, which are invested in a variety of mutual funds, are included in other assets on the balance sheets. In addition to the plans described above, TJX also contributes to retirement/deferred savings programs for eligible Associates at certain of its foreign subsidiaries. The Company contributed $29 million for these programs in fiscal 2023, $26 million for these programs in fiscal 2022 and $22 million in fiscal 2021. Multiemployer Pension Plans TJX contributes to certain multiemployer defined benefit pension plans under the terms of collective-bargaining agreements that cover union-represented employees. TJX contributed $25 million in both fiscal 2023 and fiscal 2022, and $19 million in fiscal 2021 to the Legacy Plan of the National Retirement Fund (EIN #13-6130178, plan #1), the Adjustable Plan of the National Retirement Fund (EIN #13-6130178, plan #2), the Legacy Plan of the UNITE HERE Retirement Fund (EIN #82-0994119, plan #1) and the Adjustable Plan of the UNITE HERE Retirement Fund (EIN #82-0994119, plan #2). TJX was listed in the Form 5500 for the Legacy Plan of the National Retirement Fund, the Adjustable Plan of the National Retirement Fund, and the Legacy Plan of the UNITE HERE Retirement Fund as providing more than 5% of the total contributions for the plan year ending December 31, 2021. In addition, based on information available to TJX, the Pension Protection Act Zone status for the Legacy Plan of the National Retirement Fund is critical and for the Legacy Plan of the UNITE HERE Retirement Fund is critical and declining, and rehabilitation plans have been adopted by these plans. The risks of participating in multiemployer pension plans are different from the risks of single-employer pension plans in certain respects, including the following: (a) assets contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other participating employers; (b) if a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers; (c) if TJX ceases to have an obligation to contribute to a multiemployer plan in which the Company had been a contributing employer, or in certain other circumstances, the Company may be required to pay to the plan an amount based on the Company’s allocable share of the underfunded status of the plan, referred to as a withdrawal liability.

Long-Term Debt and Credit Lines

Long-Term Debt and Credit Lines	12 Months Ended
	Jan. 28, 2023
Debt Disclosure [Abstract]
Long-Term Debt and Credit Lines	Long-Term Debt and Credit Lines The table below presents long-term debt as of January 28, 2023 and January 29, 2022. All amounts are net of unamortized debt discounts. In millions and net of immaterial unamortized debt discount January 28, January 29, General corporate debt: 2.500% senior unsecured notes, maturing May 15, 2023 (effective interest rate of 2.51% after reduction of unamortized debt discount) $ 500 $ 500 2.250% senior unsecured notes, maturing September 15, 2026 (effective interest rate of 2.32% after reduction of unamortized debt discount) 997 997 1.150% senior unsecured notes, maturing May 15, 2028 (effective interest rate of 1.18% after reduction of unamortized debt discount) 499 499 3.875% senior unsecured notes, maturing April 15, 2030 (effective interest rate of 3.89% after reduction of unamortized debt discount) 496 495 1.600% senior unsecured notes, maturing May 15, 2031 (effective interest rate of 1.61% after reduction of unamortized debt discount) 500 500 4.500% senior unsecured notes, maturing April 15, 2050 (effective interest rate of 4.52% after reduction of unamortized debt discount) 383 383 Total debt 3,375 3,374 Current maturities of long-term debt, net of debt issuance costs (500) — Debt issuance costs (16) (19) Long-term debt $ 2,859 $ 3,355 The aggregate maturities of long-term debt, inclusive of current installments at January 28, 2023 are as follows: In millions Fiscal Year: 2024 $ 500 2025 — 2026 — 2027 1,000 2028 — Later years 1,881 Unamortized debt discount (6) Debt issuance costs (16) Less: current maturities of long-term debt (500) Aggregate maturities of long-term debt $ 2,859 Senior Unsecured Notes As of January 28, 2023, TJX had outstanding $1 billion aggregate principal amount of 2.250% ten-year Notes due September 2026 and $500 million aggregate principal amount of 2.500% ten-year Notes due May 2023. TJX entered into a rate-lock agreement to hedge $700 million of the 2.250% notes and $250 million of the 2.500% notes prior to their issuance. The cost of these agreements is being amortized to interest expense over the term of the notes resulting in an effective fixed rate of 2.36% for the 2.25% notes and 2.57% for the 2.50% notes. Credit Facilities TJX 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 January 28, 2023 and January 29, 2022, there were no amounts outstanding under these 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 January 28, 2023 and January 29, 2022, 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 January 28, 2023 and January 29, 2022, and during the years then ended, there were no amounts outstanding on the Canadian credit lines for operating expenses. As of January 28, 2023 and January 29, 2022, the Company’s European business at TJX International had an uncommitted credit line of £5 million. As of January 28, 2023 and January 29, 2022, and during the years then ended, there were no amounts outstanding on the European credit line.

Income Taxes

Income Taxes	12 Months Ended
	Jan. 28, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes In August 2022, the Inflation Reduction Act of 2022 (IRA) was signed into law. Among other things, the IRA imposes a 15% corporate alternative minimum tax (the “Corporate AMT”) for tax years beginning after December 31, 2022 and levies a 1% excise tax on net stock repurchases after December 31, 2022. The excise tax on the net stock repurchase portion of the IRA did not have an impact on our results of operations or financial position in fiscal 2023 and the Company does not expect the Corporate AMT, excise tax, or other provisions of the IRA to have a material impact on its consolidated financial statements. For financial reporting purposes, components of income before income taxes are as follows: Fiscal Year Ended In millions January 28, January 29, January 30, United States $ 4,029 $ 3,934 $ 642 Foreign 607 464 (553) Income before income taxes $ 4,636 $ 4,398 $ 89 The provision (benefit) for income taxes includes the following: Fiscal Year Ended In millions January 28, January 29, January 30, Current: Federal $ 656 $ 766 $ 190 State 233 271 36 Foreign 185 122 5 Deferred: Federal 52 (32) (98) State 0 (26) (25) Foreign 12 14 (109) Provision (benefit) for income taxes $ 1,138 $ 1,115 $ (1) TJX had net deferred tax assets (liabilities) as follows: Fiscal Year Ended In millions January 28, January 29, Deferred tax assets: Net operating loss carryforward $ 156 $ 159 Pension, stock compensation, postretirement and employee benefits 326 368 Operating lease liabilities 2,500 2,379 Accruals and reserves 245 237 Other 14 13 Total gross deferred tax assets $ 3,241 $ 3,156 Valuation allowance (86) (85) Total deferred tax asset $ 3,155 $ 3,071 Deferred tax liabilities: Property, plant and equipment $ 628 $ 553 Capitalized inventory 61 48 Operating lease right of use assets 2,404 2,289 Tradename/intangibles 21 19 Undistributed foreign earnings 5 9 Other 5 12 Total deferred tax liabilities $ 3,124 $ 2,930 Net deferred tax asset $ 31 $ 141 Non-current asset $ 158 $ 185 Non-current liability (127) (44) Total $ 31 $ 141 TJX has provided for all applicable state and foreign withholding taxes on all undistributed earnings of its foreign subsidiaries in Canada, Puerto Rico, Italy, India, Hong Kong and Vietnam through January 28, 2023. The Company has not provided for federal, state, or foreign withholding taxes on the approximately $1.2 billion of undistributed earnings related to all other foreign subsidiaries as such earnings are considered to be indefinitely reinvested in the business. The net amount of unrecognized state and foreign withholding tax liabilities related to the undistributed earnings is not material. As of January 28, 2023 and January 29, 2022, for state income tax purposes, TJX had net operating loss carryforwards of $328 million and $291 million respectively, which expire, if unused, in the years 2024 through 2043. TJX has analyzed the realization of the state net operating loss carryforwards on an individual state basis. For those states where the Company has determined that it is more likely than not that the state net operating loss carryforwards will not be realized, a valuation allowance of $16 million has been provided for the deferred tax asset as of January 28, 2023 and $14 million as of January 29, 2022. The Company had available for foreign income tax purposes (related to Australia, Austria, Germany, the Netherlands, Poland and the U.K.) net operating loss carryforwards of $508 million as of January 28, 2023 and $534 million as of January 29, 2022. The full amount of the loss carryforwards do not expire. For the deferred tax assets associated with the net operating loss carryforwards for which management has determined it is more likely than not that the deferred tax assets will not be realized, TJX had valuation allowances recorded of approximately $71 million as of both January 28, 2023 and January 29, 2022. The difference between the U.S. federal statutory income tax rate and TJX’s worldwide effective income tax rate is reconciled below: Fiscal Year Ended January 28, January 29, January 30, U.S. federal statutory income tax rate 21.0 % 21.0 % 21.0 % Effective state income tax rate 4.3 4.6 28.1 Impact of foreign operations 1.1 0.9 21.4 Excess share-based compensation (1.0) (1.2) (59.4) Tax credits (0.3) (0.3) (8.9) Nondeductible/nontaxable items (0.1) 0.2 (3.3) All other (0.5) 0.2 (0.3) Worldwide effective income tax rate 24.5 % 25.4 % (1.4) % TJX’s effective income tax rate decreased for fiscal 2023 compared to fiscal 2022. The decrease in the fiscal 2023 effective income tax rate is primarily due to the lapse of statutes of limitations and resolution of various tax matters, and the change of jurisdictional mix of profits and losses, partially offset by a reduction of excess tax benefits from share-based compensation. TJX had net unrecognized tax benefits of $265 million as of January 28, 2023, $288 million as of January 29, 2022 and $272 million as of January 30, 2021. A reconciliation of the beginning and ending gross amount of unrecognized tax benefits is as follows: Fiscal Year Ended In millions January 28, January 29, January 30, Balance, beginning of year $ 280 $ 269 $ 259 Additions for uncertain tax positions taken in current year 8 10 12 Additions for uncertain tax positions taken in prior years 7 3 1 Reductions for uncertain tax positions taken in prior years (2) — — Reductions resulting from lapse of statute of limitations (18) (2) (3) Settlements with tax authorities (9) — 0 Balance, end of year $ 266 $ 280 $ 269 Included in the gross amount of unrecognized tax benefits are items that will impact future effective tax rates upon recognition. These items amounted to $251 million as of January 28, 2023, $260 million as of January 29, 2022 and $250 million as of January 30, 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 amount of interest and penalties expensed was $7 million for both of the fiscal years ended January 28, 2023 and January 29, 2022, and $8 million for the fiscal year ended January 30, 2021. The accrued amounts for interest and penalties are $37 million as of January 28, 2023, $43 million as of January 29, 2022 and $36 million as of January 30, 2021.

Leases

Leases	12 Months Ended
	Jan. 28, 2023
Leases [Abstract]
Leases	Leases TJX is committed under long-term leases related to its continuing operations for the rental of real estate and certain service contracts containing embedded leases, all of which are operating leases. Real estate leases represent virtually all of the Company’s store locations as well as some of its distribution centers and office space. Most of TJX’s leases in the U.S. and Canada are store operating leases with ten-year terms and options to extend for one or more five-year periods. Leases in Europe generally have an initial term of ten seven While the overwhelming majority of leases have fixed payment schedules, some leases have variable lease payments based on market indices adjusted periodically for inflation, or include rental payments based on a percentage of retail sales over contractual levels. In addition, for real estate leases, TJX is generally required to pay insurance, real estate taxes and certain other expenses including common area maintenance based on a proportionate share of premises as compared to the shopping center, and some of these costs are based on a market index, primarily in Canada. For leases with these payments based on a market index, the initial lease payment amount is used in the calculation of the operating lease liability and corresponding operating lease assets included on the Consolidated Balance Sheets. Future payment changes to these market index rate leases are not reflected in the operating lease liability and are instead included in variable lease cost. Variable lease cost also includes variable operating expenses for third party service centers and dedicated transportation contracts that are deemed embedded leases. The operating lease ROU assets also includes any lease payments made in advance of the assets’ use and is reduced by lease incentives received. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Supplemental balance sheet information related to leases is as follows: Fiscal Year Ended January 28, January 29, Weighted-average remaining lease term 6.5 years 6.6 years Weighted-average discount rate 2.7 % 2.4 % The following table is a summary of the Company’s components of net lease cost for the fiscal years ended: Fiscal Year Ended In millions Classification January 28, January 29, January 30, Operating lease cost Cost of sales, including buying and occupancy costs $ 1,927 $ 1,906 $ 1,820 Variable and short term lease cost Cost of sales, including buying and occupancy costs 1,359 1,386 1,163 Total lease cost $ 3,286 $ 3,292 $ 2,983 Supplemental cash flow information related to leases is as follows: Fiscal Year Ended In millions January 28, January 29, January 30, Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows paid for operating leases $ 1,949 $ 2,080 $ 1,663 Lease liabilities arising from obtaining right of use assets $ 2,095 $ 1,658 $ 1,380 During fiscal 2022, the Company repaid the rent deferrals that had been negotiated due to the COVID-19 pandemic in fiscal 2021 for a significant number of its stores. The following table as of January 28, 2023 summarizes the maturity of lease liabilities under operating leases: In millions Fiscal Year: 2024 $ 1,977 2025 1,825 2026 1,628 2027 1,402 2028 1,111 Later years 2,323 Total lease payments (a) 10,266 Less: imputed interest (b) 881 Total lease liabilities (c) $ 9,385 (a) Operating lease payments exclude legally binding minimum lease payments for leases signed but not yet commenced and include options to extend lease terms that are now deemed reasonably certain of being exercised according to the Company’s Lease Accounting Policy. (b) Calculated using the incremental borrowing rate for each lease. (c) Total lease liabilities are broken out on the Consolidated Balance Sheets between Current portion of operating lease liabilities and Long-term operating lease liabilities.

Accrued Expenses and Other Liab

Accrued Expenses and Other Liabilities, Current and Long Term	12 Months Ended
	Jan. 28, 2023
Payables and Accruals [Abstract]
Accrued Expenses and Other Liabilities, Current and Long Term	Accrued Expenses and Other Liabilities, Current and Long Term The major components of accrued expenses and other current liabilities are as follows: Fiscal Year Ended In millions January 28, January 29, Employee compensation and benefits, current $ 968 $ 1,117 Merchandise credits and gift certificates 721 685 Sales tax collections and V.A.T. taxes 384 268 Occupancy costs, including rent, utilities and real estate taxes 378 399 Dividends payable 346 312 Accrued capital additions 199 186 All other current liabilities 1,350 1,278 Total accrued expenses and other current liabilities $ 4,346 $ 4,245 All other current liabilities include accruals for expense payables, insurance, customer rewards liability, reserve for sales returns, reserve for taxes, fair value of derivatives, advertising, interest and other items, each of which is individually less than 5% of current liabilities. The major components of other long-term liabilities are as follows: Fiscal Year Ended In millions January 28, January 29, Employee compensation and benefits, long-term $ 597 $ 647 Tax reserve, long-term 235 277 Asset retirement obligation 66 66 All other long-term liabilities 21 25 Total other long-term liabilities $ 919 $ 1,015

Contingent Obligations, Conting

Contingent Obligations, Contingencies and Commitments	12 Months Ended
	Jan. 28, 2023
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. Letters of Credit TJX had outstanding letters of credit totaling $42 million as of January 28, 2023 and $53 million as of January 29, 2022. Letters of credit are issued by TJX primarily for the purchase of inventory.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	12 Months Ended
	Jan. 28, 2023
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	Supplemental Cash Flow Information TJX’s cash payments for interest and income taxes and non-cash investing and financing activities are as follows: Fiscal Year Ended In millions January 28, January 29, January 30, Cash paid for: Interest on debt (a) $ 86 $ 139 $ 153 Income taxes 1,225 1,119 146 Non-cash investing and financing activity: Dividends payable $ 34 $ (3) $ 34 Property additions 13 97 (36)

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Accounting Policies (Policies)	12 Months Ended
	Jan. 28, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Consolidated Financial Statements and Notes thereto of The TJX Companies, Inc. (referred to as “TJX,” “we” or “the Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and include the consolidated financial statements of all of TJX’s subsidiaries, all of which are wholly owned. All of the Company's activities are conducted by TJX or its subsidiaries and are consolidated in these consolidated financial statements. All intercompany transactions have been eliminated in consolidation.
Fiscal Year	Fiscal Year TJX’s fiscal year ends on the Saturday nearest to the last day of January of each year. The fiscal years ended January 28, 2023 (“fiscal 2023”), January 29, 2022 (“fiscal 2022”) and January 30, 2021 (“fiscal 2021”) were 52-week fiscal years. 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.
Revenue Recognition	Revenue Recognition Net Sales Net sales consist primarily of merchandise sales, which are recorded net of a reserve for estimated returns, any discounts and sales taxes, for the sales of merchandise both within our stores and online. Net sales also include an immaterial amount of other revenues that represent less than 1% of total revenues, primarily generated from shipping fee revenue on our online sales. In addition, certain customers, primarily Associates, may receive discounts that are accounted for as consideration reducing the transaction price. Merchandise sales from our stores are recognized at the point of sale when TJX provides the merchandise to the customer. The performance obligation is fulfilled at this point when the customer has obtained control by paying for and leaving with the merchandise. Merchandise sales made online are recognized when the product has been shipped, which is when legal title has passed and when TJX is entitled to payment, and the customer has obtained the ability to direct the use of and obtain substantially all of the remaining benefits from the goods. Shipping and handling activities related to online sales occur after the customer obtains control of the goods. TJX’s policy is to treat shipping costs as part of our fulfillment center costs within our operating expenditures. As a result, shipping fee revenues received are recognized when control of the goods transfer to the customer and are recorded as net sales. Shipping and handling costs incurred by TJX are included in cost of sales, including buying and occupancy costs. TJX disaggregates revenue by operating segment, see Note G—Segment Information. Deferred Gift Card Revenue Proceeds from the sale of gift cards as well as the value of store cards issued to customers as a result of a return or exchange are deferred until the customers use the cards to acquire merchandise, as TJX does not fulfill its performance obligation until the gift card has been redeemed. While gift cards have an indefinite life, substantially all are redeemed in the first year of issuance. The following table presents deferred gift card revenue activity: In millions January 28, January 29, Balance, beginning of year $ 685 $ 576 Deferred revenue 1,927 1,832 Effect of exchange rates changes on deferred revenue (5) (2) Revenue recognized (1,886) (1,721) Balance, end of year $ 721 $ 685 TJX recognized $1.9 billion in gift card revenue in fiscal 2023 and $1.7 billion in fiscal 2022 and $1.1 billion in fiscal 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. Based on historical experience, the Company estimates the amount of gift cards and store cards that will not be redeemed (referred to as breakage) and, to the extent allowed by local law, these amounts are amortized into income over the estimated redemption period. Revenue recognized from breakage was $44 million in fiscal 2023, $21 million in fiscal 2022 and $14 million in fiscal 2021. Sales Return Reserve The Company's products are generally sold with a right of return and the Company may provide other credits or incentives, which are accounted for as variable consideration when estimating the amount of revenue to recognize. The Company has elected to apply the portfolio practical expedient. The Company estimates the variable consideration using the expected value method when calculating the returns reserve because the difference in applying it to the individual contract would not differ materially. Returns are estimated based on historical experience and are required to be established and presented at the gross sales value with an asset established for the estimated value of the merchandise returned separately from the refund liability. Liabilities for return allowances are included in “Accrued expenses and other current liabilities” and the estimated value of the merchandise to be returned is included in “Prepaid expenses and other current assets” on the Company’s Consolidated Balance Sheets.
Consolidated Statements of Income Classifications	Consolidated Statements of Income Classifications Cost of sales, including buying and occupancy costs, includes the cost of merchandise sold including foreign currency gains and losses on merchandise purchases denominated in other currencies; gains and losses on inventory and fuel-related derivative contracts; asset retirement obligation costs; divisional occupancy costs (including real estate taxes, utility and maintenance costs and fixed asset depreciation); the costs of operating distribution centers; payroll, benefits and travel costs directly associated with buying inventory; and systems costs related to the buying and tracking of inventory. Selling, general and administrative expenses include store payroll and benefit costs; communication costs; credit and check expenses; advertising; administrative and field management payroll, benefits and travel costs; corporate administrative costs and depreciation; gains and losses on non-inventory related foreign currency exchange contracts; and other miscellaneous income and expense items.
Cash and Cash Equivalents	Cash and Cash Equivalents TJX generally considers highly liquid investments with a maturity of 90 days or less at the date of purchase to be cash equivalents. If applicable, investments with maturities greater than 90 days but less than one year at the date of purchase are included in short-term investments. These investments are classified as trading securities and are stated at fair value. Investments are classified as either short-term or long-term based on their original maturities. TJX’s investments are primarily high-grade commercial paper, institutional money market funds and time deposits with major banks. As of January 28, 2023, TJX’s cash and cash equivalents held outside the U.S. were $1.2 billion, of which $0.7 billion was held in countries where TJX has the intention to reinvest any undistributed earnings indefinitely.
Merchandise Inventories	Merchandise InventoriesInventories are stated at the lower of cost or market. TJX uses the retail method for valuing inventories at all of its businesses, except T.K. Maxx in Australia which is immaterial. The businesses that utilize the retail method have some inventory that is initially valued at cost before the retail method is applied as that inventory has not been fully processed for sale (i.e. inventory in transit and unprocessed inventory in the Company’s distribution centers). Under the retail method, TJX utilizes a permanent markdown strategy and lowers the cost value of the inventory that is subject to markdown at the time the retail prices are lowered in the stores. TJX records inventory at the time title transfers, which is typically at the time when inventory is shipped.
Common Stock and Equity	Common Stock and Equity Equity transactions consist primarily of the repurchase by TJX of its common stock under its stock repurchase programs and the recognition of compensation expense and issuance of common stock under TJX’s Stock Incentive Plan. Under TJX’s stock repurchase programs, the Company repurchases its common stock on the open market. The par value of the shares repurchased is charged to common stock with the excess of the purchase price over par first charged against any available additional paid-in capital (“APIC”) and the balance charged to retained earnings. Due to the volume of share repurchases under previous programs, TJX has historically had no remaining balance in APIC. All shares repurchased have been retired.
Share-Based Compensation	Share-Based CompensationTJX accounts for share-based compensation by estimating the fair value of each award on the date of grant. TJX uses the Black-Scholes option pricing model for options awarded and the market price on the grant date for stock awards. Performance-based awards are evaluated quarterly for probability of vesting and performance achievement levels.
Interest	Interest TJX’s interest expense is presented net of capitalized interest and interest income. The following is a summary of interest expense, net: Fiscal Year Ended In millions January 28, January 29, January 30, Interest expense $ 91 $ 123 $ 199 Capitalized interest (7) (4) (5) Interest (income) (78) (4) (13) Interest expense, net $ 6 $ 115 $ 181
Property and Equipment	Property and Equipment For financial reporting purposes, TJX provides for depreciation and amortization of property using the straight-line method over the estimated useful lives of the assets. Buildings are depreciated over 33 years. Leasehold costs and improvements are generally amortized over their useful life or the committed lease term (typically 10 years to 15 years), whichever is shorter. Furniture, fixtures and equipment are depreciated over 3 to 10 years. Depreciation and amortization expense for property was $879 million in fiscal 2023, and $858 million in both fiscal 2022 and fiscal 2021. TJX had no property held under finance leases during fiscal 2023, fiscal 2022 or fiscal 2021. Maintenance and repairs are charged to expense as incurred. Significant costs incurred for internally developed software are capitalized and amortized, generally over 5 years. Upon retirement or sale, the cost of disposed assets and the related accumulated depreciation are eliminated, and any gain or loss is included in income. Pre-opening costs, including rent, are expensed as incurred.
Lease Accounting	Lease AccountingOperating leases are included in “Operating lease right of use assets,” “Current portion of operating lease liabilities,” and “Long-term operating lease liabilities” on the Company’s Consolidated Balance Sheets. Right of use (“ROU”) assets represent TJX’s right to use an underlying asset for the lease term and lease liabilities represent TJX’s obligation to make lease payments arising from the lease. At the inception of the arrangement, the Company determines if an arrangement is a lease based on assessment of the terms and conditions of the contract. Operating lease ROU assets and lease liabilities are recognized at possession date based on the present value of lease payments over the lease term. The majority of the Company’s leases are retail store locations, and the possession date is typically 30 to 60 days prior to the opening of the store and generally occurs before the commencement of the lease term, as specified in the lease. TJX’s lessors do not provide an implicit rate, nor is one readily available, therefore the Company uses its incremental borrowing rate based on the information available at possession date in determining the present value of future lease payments. The incremental borrowing rate is calculated based on the US Consumer Discretionary yield curve and adjusted for collateralization and foreign currency impact for TJX International and Canada leases. The operating lease ROU assets also include any acquisition costs offset by lease incentives. The Company’s lease terms include options to extend the lease when it is reasonably certain that the Company will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term within “Cost of sales, including buying and occupancy costs”.
Goodwill and Tradenames	Goodwill and Tradenames Goodwill includes the excess of the purchase price paid over the carrying value of the minority interest acquired in fiscal 1990 in TJX’s former 83%-owned subsidiary and represents goodwill associated with the T.J. Maxx chain, which is included in the Marmaxx segment. The Company’s goodwill also includes the excess of cost over the estimated fair market value of the net assets acquired by TJX in the purchase of Winners in fiscal 1991, included in TJX Canada, as well as the purchase of Trade Secret in fiscal 2016, which was re-branded under the T.K. Maxx name during fiscal 2018 and is included in TJX International. The following is a roll forward of goodwill by segment: In millions Marmaxx TJX Canada TJX International Total Balance, January 30, 2021 $ 70 $ 2 $ 27 $ 99 Effect of exchange rate changes on goodwill — 0 (2) (2) Balance, January 29, 2022 $ 70 $ 2 $ 25 $ 97 Effect of exchange rate changes on goodwill — 0 0 0 Balance, January 28, 2023 $ 70 $ 2 $ 25 $ 97 Goodwill is considered to have an indefinite life and accordingly is not amortized. Tradenames, which are included in other assets, are the value assigned to the name “Marshalls,” acquired by TJX in fiscal 1996 as part of the acquisition of the Marshalls chain, the value assigned to the name “Sierra Trading Post,” acquired by TJX in fiscal 2013 and the value assigned to the name “Trade Secret,” acquired by TJX in fiscal 2016. The tradenames were valued utilizing the relief from royalty method, which calculates the discounted present value of assumed after-tax royalty payments. The Marshalls tradename is considered to have an indefinite life and accordingly is not amortized. The Sierra Trading Post tradename is being amortized over 15 years. During the first quarter of fiscal 2021, the Company fully impaired the Trade Secret tradename, recording an impairment charge of $5 million. The following is a roll forward of tradenames: Fiscal Year Ended January 28, 2023 January 29, 2022 In millions Gross Carrying Amount Accumulated Amortization Net Carrying Value Gross Carrying Amount Accumulated Amortization Net Carrying Value Definite-lived intangible assets: Sierra Trading Post $ 39 $ (27) $ 12 $ 39 $ (24) $ 15 Trade Secret $ 13 $ (13) $ — $ 13 $ (13) $ — Indefinite-lived intangible asset: Marshalls $ 108 $ — $ 108 $ 108 $ — $ 108 TJX occasionally acquires or licenses other trademarks to be used in connection with private label merchandise. Such trademarks are included in other assets and are amortized to cost of sales, including buying and occupancy costs, over their useful life, generally from 7 to 10 years. Goodwill, tradenames and trademarks, and the related accumulated amortization or impairment if any, are included in the respective operating segment to which they relate.
Impairment of Long-Lived Assets, Goodwill and Tradenames	Impairment of Long-Lived Assets, Goodwill and Tradenames TJX evaluates long-lived assets, including tradenames that are amortized and operating lease right of use assets, for impairment whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. This evaluation is performed at the lowest level of identifiable cash flows which are largely independent of other groups of assets, generally at the individual store level for fixed assets and operating lease right of use assets, and at the reporting unit for tradenames that are amortized. If indicators of impairment are identified, an undiscounted cash flow analysis is performed to determine if the carrying value of the asset or asset group is recoverable. If the cash flow is less than the carrying value then an impairment charge will be recorded to the extent the fair value of an asset or asset group is less than the carrying value of that asset or asset group. This resulted in immaterial impairment charges on operating lease ROU assets and store fixed assets in fiscal 2023, fiscal 2022 and fiscal 2021. In fiscal 2021, the Company fully impaired the Trade Secret tradename. There were no impairments related to tradenames in fiscal 2023 or fiscal 2022.
Advertising Costs	Advertising CostsTJX expenses advertising costs as incurred.
Foreign Currency Translation	Foreign Currency Translation TJX’s foreign assets and liabilities are translated into U.S. dollars at fiscal year-end exchange rates with resulting translation gains and losses included in shareholders’ equity as a component of Accumulated other comprehensive (loss) income. Activity of the foreign operations that affect the Consolidated Statements of Income and Cash Flows is translated at average exchange rates prevailing during the fiscal year.
Loss Contingencies	Loss Contingencies TJX records a reserve for loss contingencies when it is both probable that a loss will be incurred and the amount of the loss is reasonably estimable. TJX evaluates pending litigation and other contingencies at least quarterly and adjusts the reserve for such contingencies for changes in probable and reasonably estimable losses. TJX includes an estimate for related legal costs at the time such costs are both probable and reasonably estimable.
Equity Investment	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 fiscal 2023, the Company announced that it had committed to divesting its minority investment. As a result, the Company performed an impairment analysis of this investment and recorded an impairment charge of $218 million representing the entire carrying value of the Company’s investment. Additionally, the Company realized a $54 million tax benefit when the Company completed the divestiture of this investment during the third quarter ended October 29, 2022. 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 Accounting Policies (Tables)	12 Months Ended
	Jan. 28, 2023
Accounting Policies [Abstract]
Contract with Customer Liability	The following table presents deferred gift card revenue activity: In millions January 28, January 29, Balance, beginning of year $ 685 $ 576 Deferred revenue 1,927 1,832 Effect of exchange rates changes on deferred revenue (5) (2) Revenue recognized (1,886) (1,721) Balance, end of year $ 721 $ 685
Summary of Interest Expense, Net	The following is a summary of interest expense, net: Fiscal Year Ended In millions January 28, January 29, January 30, Interest expense $ 91 $ 123 $ 199 Capitalized interest (7) (4) (5) Interest (income) (78) (4) (13) Interest expense, net $ 6 $ 115 $ 181
Roll Forward of Goodwill by Segment	The following is a roll forward of goodwill by segment: In millions Marmaxx TJX Canada TJX International Total Balance, January 30, 2021 $ 70 $ 2 $ 27 $ 99 Effect of exchange rate changes on goodwill — 0 (2) (2) Balance, January 29, 2022 $ 70 $ 2 $ 25 $ 97 Effect of exchange rate changes on goodwill — 0 0 0 Balance, January 28, 2023 $ 70 $ 2 $ 25 $ 97
Schedule of Finite-Lived Intangible Assets	The following is a roll forward of tradenames: Fiscal Year Ended January 28, 2023 January 29, 2022 In millions Gross Carrying Amount Accumulated Amortization Net Carrying Value Gross Carrying Amount Accumulated Amortization Net Carrying Value Definite-lived intangible assets: Sierra Trading Post $ 39 $ (27) $ 12 $ 39 $ (24) $ 15 Trade Secret $ 13 $ (13) $ — $ 13 $ (13) $ — Indefinite-lived intangible asset: Marshalls $ 108 $ — $ 108 $ 108 $ — $ 108

Property at Cost (Tables)

Property at Cost (Tables)	12 Months Ended
	Jan. 28, 2023
Property, Plant and Equipment [Abstract]
Components of Property at Cost	The following table presents the components of property at cost: Fiscal Year Ended In millions January 28, January 29, Land and buildings $ 2,043 $ 1,912 Leasehold costs and improvements 3,874 3,652 Furniture, fixtures and equipment 7,400 6,872 Total property at cost $ 13,317 $ 12,436 Less accumulated depreciation and amortization 7,534 7,165 Net property at cost $ 5,783 $ 5,271
Summary of Long-Lived Assets by Geographic Location	Presented below is information related to carrying values of TJX’s long-lived tangible assets by geographic location: Fiscal Year Ended In millions January 28, January 29, United States $ 4,518 $ 4,041 Canada 274 248 Europe 923 927 Australia 68 55 Total long-lived tangible assets $ 5,783 $ 5,271

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive (Loss) Income (Tables)	12 Months Ended
	Jan. 28, 2023
Equity [Abstract]
Changes in Accumulated Other Comprehensive (Loss) Income	The following table details the changes in Accumulated other comprehensive (loss) income for fiscal 2023, fiscal 2022 and fiscal 2021: In millions and net of immaterial taxes Foreign Deferred Cash Flow Accumulated Balance, February 1, 2020 $ (457) $ (215) $ (1) $ (673) Additions to other comprehensive loss: Foreign currency translation adjustments, net of taxes 14 — — 14 Recognition of net gains/losses on benefit obligations, net of taxes — 31 — 31 Reclassifications from other comprehensive loss to net income: Amortization of loss on cash flow hedge, net of taxes — — 1 1 Amortization of prior service cost and deferred gains/losses, net of taxes — 20 — 20 Balance, January 30, 2021 $ (443) $ (164) $ — $ (607) Additions to other comprehensive loss: Foreign currency translation adjustments, net of taxes (45) — — (45) Recognition of net gains/losses on benefit obligations, net of taxes — (48) — (48) Reclassifications from other comprehensive loss to net income: Amortization of loss on cash flow hedge, net of taxes — — 0 0 Amortization of prior service cost and deferred gains/losses, net of taxes — 13 — 13 Balance, January 29, 2022 $ (488) $ (199) $ — $ (687) Additions to other comprehensive loss: Foreign currency translation adjustments, net of taxes (56) — — (56) Recognition of net gains/losses on benefit obligations, net of taxes — 121 — 121 Reclassifications from other comprehensive loss to net income: Amortization of prior service cost and deferred gains/losses, net of taxes — 16 — 16 Balance, January 28, 2023 $ (544) $ (62) $ — $ (606)

Capital Stock and Earnings Pe_2

Capital Stock and Earnings Per Share (Tables)	12 Months Ended
	Jan. 28, 2023
Equity [Abstract]
Earnings Per Share	The following table presents the calculation of basic and diluted earnings per share: Fiscal Year Ended Amounts in millions except per share amounts January 28, January 29, January 30, Basic earnings per share: Net income $ 3,498 $ 3,283 $ 90 Weighted average common shares outstanding for basic earnings per share calculation 1,166 1,200 1,200 Basic earnings per share $ 3.00 $ 2.74 $ 0.08 Diluted earnings per share: Net income $ 3,498 $ 3,283 $ 90 Weighted average common shares outstanding for basic earnings per share calculation 1,166 1,200 1,200 Assumed exercise/vesting of stock options and awards 12 16 15 Weighted average common shares outstanding for diluted earnings per share calculation 1,178 1,216 1,215 Diluted earnings per share $ 2.97 $ 2.70 $ 0.07 Cash dividends declared per share (a) $ 1.18 $ 1.04 $ 0.26

Financial Instruments (Tables)

Financial Instruments (Tables)	12 Months Ended
	Jan. 28, 2023
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 January 28, 2023: In millions Pay Receive Blended Balance Sheet Current Current Net Fair Value in U.S.$ at January 28, 2023 Fair value hedges: Intercompany balances, primarily debt: € 60 £ 53 0.8807 (Accrued Exp) $ — $ (0.3) $ (0.3) A$ 150 U.S.$ 105 0.7003 (Accrued Exp) — (2.6) (2.6) U.S.$ 69 £ 55 0.8010 (Accrued Exp) — (0.3) (0.3) £ 200 U.S.$ 244 1.2191 (Accrued Exp) — (5.5) (5.5) € 200 U.S.$ 213 1.0652 Prepaid Exp / (Accrued Exp) 0.8 (7.0) (6.2) Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Fixed on 3.2M - 3.6M gal per month Float on 3.2M - 3.6M gal per month N/A Prepaid Exp 3.9 — 3.9 Intercompany billings in TJX International, primarily merchandise related: € 146 £ 129 0.8834 Prepaid Exp 0.8 — 0.8 Merchandise purchase commitments: C$ 705 U.S.$ 525 0.7449 Prepaid Exp / (Accrued Exp) 2.2 (7.1) (4.9) C$ 23 € 16 0.7064 Prepaid Exp / (Accrued Exp) 0.4 0.0 0.4 £ 299 U.S.$ 356 1.1916 Prepaid Exp / (Accrued Exp) 0.1 (15.4) (15.3) zł 507 £ 91 0.1788 (Accrued Exp) — (3.6) (3.6) A$ 104 U.S.$ 71 0.6819 (Accrued Exp) — (3.3) (3.3) U.S.$ 85 € 82 0.9634 Prepaid Exp 4.3 — 4.3 Total fair value of derivative financial instruments $ 12.5 $ (45.1) $ (32.6) The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at January 29, 2022: In millions Pay Receive Blended Balance Sheet Current Current Net Fair Value in U.S.$ at January 29, 2022 Fair value hedges: Intercompany balances, primarily debt: zł 25 £ 5 0.1816 Prepaid Exp $ 0.1 $ — $ 0.1 € 60 £ 51 0.8428 Prepaid Exp 0.1 — 0.1 A$ 170 U.S.$ 122 0.7180 Prepaid Exp 2.0 — 2.0 U.S.$ 75 £ 55 0.7368 (Accrued Exp) — (1.0) (1.0) € 200 U.S.$ 230 1.1516 Prepaid Exp 4.5 — 4.5 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 23.7 — 23.7 Intercompany billings in TJX International, primarily merchandise related: € 91 £ 76 0.8340 (Accrued Exp) — (0.1) (0.1) Merchandise purchase commitments: C$ 988 U.S.$ 783 0.7927 Prepaid Exp / (Accrued Exp) 6.7 (0.1) 6.6 C$ 38 € 27 0.6948 (Accrued Exp) — (0.2) (0.2) £ 325 U.S.$ 442 1.3583 Prepaid Exp / (Accrued Exp) 6.0 (0.6) 5.4 zł 453 £ 82 0.1813 Prepaid Exp / (Accrued Exp) 0.7 (0.4) 0.3 A$ 66 U.S.$ 48 0.7246 Prepaid Exp 1.3 — 1.3 U.S.$ 67 € 59 0.8807 (Accrued Exp) — (0.9) (0.9) Total fair value of derivative financial instruments $ 45.1 $ (3.3) $ 41.8
Impact of Derivative Financial Instruments on Statements of Income	The impact of derivative financial instruments on the Consolidated Statements of Income is presented below: Location of Gain (Loss) Recognized in Income by Derivative Amount of Gain (Loss) Recognized in In millions January 28, January 29, January 30, Fair value hedges: Intercompany balances, primarily debt Selling, general and administrative expenses $ 12 $ 36 $ (60) Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Cost of sales, including buying and occupancy costs 55 43 (6) Intercompany billings in TJX International, primarily merchandise related Cost of sales, including buying and occupancy costs (9) 5 (4) Merchandise purchase commitments Cost of sales, including buying and occupancy costs 71 24 (4) Gain (loss) recognized in income $ 129 $ 108 $ (74)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Jan. 28, 2023
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: Fiscal Year Ended In millions January 28, January 29, Level 1 Assets: Executive Savings Plan investments $ 371.6 $ 387.7 Level 2 Assets: Foreign currency exchange contracts $ 8.6 $ 21.4 Diesel fuel contracts 3.9 23.7 Liabilities: Foreign currency exchange contracts $ 45.1 $ 3.3

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Jan. 28, 2023
Segment Reporting [Abstract]
Percentages of Consolidated Revenues by Major Product Category	The percentages of the Company’s consolidated revenues by major product category for the last three fiscal years are as follows: Fiscal 2023 Fiscal 2022 Fiscal 2021 Apparel: Clothing including footwear 48 % 47 % 46 % Jewelry and accessories 17 15 15 Home fashions 35 38 39 Total 100 % 100 % 100 %
Financial Information on Business Segments	Presented below is financial information with respect to TJX’s business segments: Fiscal Year Ended In millions January 28, January 29, January 30, Net sales: In the United States: Marmaxx $ 30,545 $ 29,483 $ 19,363 HomeGoods 8,264 8,995 6,096 TJX Canada 4,912 4,343 2,836 TJX International 6,215 5,729 3,842 Total net sales $ 49,936 $ 48,550 $ 32,137 Segment profit (loss): In the United States: Marmaxx $ 3,883 $ 3,813 $ 891 HomeGoods 522 907 510 TJX Canada 690 485 124 TJX International 347 161 (504) Total segment profit $ 5,442 $ 5,366 $ 1,021 General corporate expense 582 611 439 Impairment on equity investment 218 — — Loss on early extinguishment of debt — 242 312 Interest expense, net 6 115 181 Income before income taxes $ 4,636 $ 4,398 $ 89 Business segment information (continued): Fiscal Year Ended In millions January 28, January 29, January 30, Identifiable assets: In the United States: Marmaxx $ 12,170 $ 11,229 $ 10,221 HomeGoods 3,590 3,461 2,851 TJX Canada 2,003 2,197 2,035 TJX International 4,075 4,281 4,389 Corporate (a) 6,511 7,293 11,318 Total identifiable assets $ 28,349 $ 28,461 $ 30,814 Capital expenditures: In the United States: Marmaxx $ 822 $ 513 $ 216 HomeGoods 295 244 162 TJX Canada 110 69 44 TJX International 230 219 146 Total capital expenditures $ 1,457 $ 1,045 $ 568 Depreciation and amortization: In the United States: Marmaxx $ 480 $ 465 $ 479 HomeGoods 165 149 135 TJX Canada 70 73 71 TJX International 167 174 176 Corporate (b) 5 7 10 Total depreciation and amortization $ 887 $ 868 $ 871 (a) Corporate identifiable assets consist primarily of cash, the trust assets in connection with the Executive Savings Plan and in fiscal 2022 and fiscal 2021 included the minority investment in Familia. Consolidated cash, including cash held in the Company’s foreign entities, is included with corporate assets for consistency with the reporting of cash for the Company’s segments in the U.S. (b) Includes debt discount accretion and debt expense amortization.

Stock Incentive Plan (Tables)

Stock Incentive Plan (Tables)	12 Months Ended
	Jan. 28, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of Estimated Fair Value of Options as of Grant Date by Using Black-Scholes Option Pricing Model	The fair value of options is estimated as of the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions: Fiscal Year Ended January 28, January 29, January 30, Risk-free interest rate 3.69 % 0.84 % 0.28 % Dividend yield 1.8 % 1.5 % 1.4 % Expected volatility factor 26.0 % 23.8 % 26.5 % Expected option life 5.5 years 5.0 years 5.0 years Weighted average fair value of options issued $ 16.68 $ 12.85 $ 11.29
Schedule of Stock Options and Related Weighted Average Exercise Prices	A summary of the status of TJX’s stock options and related weighted average exercise prices (“WAEP”) is presented below: Fiscal Year Ended Shares in millions January 28, January 29, January 30, Options WAEP Options WAEP Options WAEP Outstanding at beginning of year 40 $ 47.11 43 $ 41.79 45 $ 36.81 Granted 6 65.54 5 70.48 6 57.32 Exercised (8) 38.12 (7) 32.04 (8) 25.68 Forfeitures (1) 63.29 (1) 57.55 0 52.96 Outstanding at end of year 37 $ 51.88 40 $ 47.11 43 $ 41.79 Options exercisable at end of year 26 $ 45.99 29 $ 40.93 31 $ 36.05
Schedule of Stock Options Outstanding Expected to Vest and Stock Options Outstanding Exercisable	The following table summarizes information about stock options outstanding that were expected to vest and stock options outstanding that were exercisable as of January 28, 2023: Shares (in millions) Aggregate Intrinsic Value (in millions) Weighted WAEP Options outstanding expected to vest (a) 10 $ 170 9.0 years $ 65.58 Options exercisable 26 939 4.9 years 45.99 Total outstanding options vested and expected to vest 36 $ 1,109 6.1 years $ 51.58 (a) Reflects 11 million unvested options, net of anticipated forfeitures.
Summary of Nonvested Performance-Based Stock Awards	A summary of the status of the Company’s non-vested stock awards and changes during fiscal 2023 is presented below: In thousands except grant date fair value Restricted Stock Units Performance Share Units Total Stock Awards Weighted Nonvested at beginning of year 1,836 932 2,768 $ 58.91 Granted 461 471 932 60.46 Vested (368) (627) (995) 55.27 Forfeited (62) (15) (77) 27.29 Nonvested at end of year 1,867 761 2,628 $ 61.76

Pension Plans and Other Retir_2

Pension Plans and Other Retirement Benefits (Tables)	12 Months Ended
	Jan. 28, 2023
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 fiscal years indicated. The Company has elected the practical expedient pursuant to ASU 2015-4–Compensation-retirement benefits (Topic 715) and has selected the measurement date of January 31, the calendar month end closest to the Company’s fiscal year end. Funded Plan Unfunded Plan In millions January 28, January 29, January 28, January 29, Change in projected benefit obligation: Projected benefit obligation at beginning of year $ 1,717 $ 1,619 $ 114 $ 113 Service cost 48 49 2 2 Interest cost 58 52 4 3 Actuarial (gains) losses (442) 29 (9) 0 Benefits paid (35) (29) (2) (4) Expenses paid (3) (3) — — Projected benefit obligation at end of year $ 1,343 $ 1,717 $ 109 $ 114 Accumulated benefit obligation at end of year $ 1,241 $ 1,560 $ 93 $ 100 Funded Plan Unfunded Plan In millions January 28, January 29, January 28, January 29, Change in plan assets: Fair value of plan assets at beginning of year $ 1,713 $ 1,686 $ — $ — Actual return on plan assets (200) 59 — — Employer contribution 0 0 2 4 Benefits paid (35) (29) (2) (4) Expenses paid (3) (3) — — Fair value of plan assets at end of year $ 1,475 $ 1,713 $ — $ — Reconciliation of funded status: Projected benefit obligation at end of year $ 1,343 $ 1,717 $ 109 $ 114 Fair value of plan assets at end of year 1,475 1,713 — — Funded status – excess (asset) obligation $ (132) $ 4 $ 109 $ 114 Net (asset) liability recognized on Consolidated Balance Sheets $ (132) $ 4 $ 109 $ 114 Amounts not yet reflected in net periodic benefit cost and included in Accumulated other comprehensive income (loss): Prior service cost $ 0 $ 0 $ — $ — Accumulated actuarial losses 126 297 19 32 Amounts included in Accumulated other comprehensive income (loss) $ 126 $ 297 $ 19 $ 32
Weighted Average Assumptions for Obligation	Presented below are weighted average assumptions for measurement purposes for determining the obligation at the year-end measurement date: Funded Plan Unfunded Plan January 28, January 29, January 28, January 29, Discount rate 5.40 % 3.40 % 5.60 % 3.30 % Rate of compensation increase 4.00 % 4.00 % 4.00 % 4.00 %
Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Income (Loss)	The following are the components of net periodic benefit cost and other amounts recognized in other comprehensive income (loss) related to the Company’s pension plans: Funded Plan Unfunded Plan In millions January 28, January 29, January 30, January 28, January 29, January 30, Net periodic pension cost: Service cost $ 48 $ 49 $ 50 $ 2 $ 2 $ 2 Interest cost 58 52 50 4 3 3 Expected return on plan assets (89) (95) (88) — — — Amortization of prior service cost 0 0 0 — — — Amortization of net actuarial loss 18 14 23 4 4 4 Total expense $ 35 $ 20 $ 35 $ 10 $ 9 $ 9 Other changes in plan assets and benefit obligations recognized in other comprehensive income: Net (gain) loss $ (153) $ 66 $ (49) $ (9) $ 0 $ 8 Amortization of net (loss) (18) (14) (23) (4) (4) (4) Amortization of prior service cost 0 0 0 — — — Total (gain) loss recognized in other comprehensive income $ (171) $ 52 $ (72) $ (13) $ (4) $ 4 Total recognized in net periodic benefit cost and other comprehensive income (loss) $ (136) $ 72 $ (37) $ (3) $ 5 $ 13 Weighted average assumptions for expense purposes: Discount rate 3.40 % 3.20 % 3.30 % 3.30 % 2.80 % 3.10 % Expected rate of return on plan assets 5.25 % 5.75 % 5.75 % N/A N/A N/A Rate of compensation increase 4.00 % 4.00 % 4.00 % 4.00 % 4.00 % 4.00 %
Schedule of Benefits Expected to be Paid in Each of Next Five Fiscal Years and Thereafter	The following is a schedule of the benefits expected to be paid in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter: In millions Funded Plan Unfunded Plan Fiscal Year: 2024 $ 47 $ 4 2025 53 8 2026 59 50 2027 65 8 2028 71 9 2029 through 2033 440 43
Fair Value for Pension Assets Measured at Fair Value on Recurring Basis	The following tables present the fair value hierarchy (See Note F—Fair Value Measurements) for pension assets measured at fair value on a recurring basis: Funded Plan at January 28, 2023 In millions Level 1 Level 2 Total Asset category: Short-term investments $ 9 $ — $ 9 Equity Securities 163 — 163 Fixed Income Securities: Corporate and government bond funds — 882 882 Futures Contracts — (4) (4) Total assets in the fair value hierarchy $ 172 $ 878 $ 1,050 Assets measured at net asset value (a) — — 425 Fair value of assets $ 172 $ 878 $ 1,475 Funded Plan at January 29, 2022 In millions Level 1 Level 2 Total Asset category: Short-term investments $ 8 $ — $ 8 Equity Securities 178 — 178 Fixed Income Securities: Corporate and government bond funds — 1,022 1,022 Futures Contracts — 3 3 Total assets in the fair value hierarchy $ 186 $ 1,025 $ 1,211 Assets measured at net asset value (a) — — 502 Fair value of assets $ 186 $ 1,025 $ 1,713 (a) In accordance with Subtopic 820-10, certain investments that were measured using net asset value per share (or its equivalent) as a practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the fair value of assets presented above.
Summary of Target Allocation for Plan Assets Along with Actual Allocation of Plan Assets as of Valuation Date	Following is the asset allocation under the qualified pension plan as of the valuation date for the fiscal years presented: January 28, January 29, Return-seeking assets 46% 45% Liability-hedging assets 54% 55% All other – primarily cash —% —%

Long-Term Debt and Credit Lin_2

Long-Term Debt and Credit Lines (Tables)	12 Months Ended
	Jan. 28, 2023
Debt Disclosure [Abstract]
Long-Term Debt, Exclusive of Current Installments	The table below presents long-term debt as of January 28, 2023 and January 29, 2022. All amounts are net of unamortized debt discounts. In millions and net of immaterial unamortized debt discount January 28, January 29, General corporate debt: 2.500% senior unsecured notes, maturing May 15, 2023 (effective interest rate of 2.51% after reduction of unamortized debt discount) $ 500 $ 500 2.250% senior unsecured notes, maturing September 15, 2026 (effective interest rate of 2.32% after reduction of unamortized debt discount) 997 997 1.150% senior unsecured notes, maturing May 15, 2028 (effective interest rate of 1.18% after reduction of unamortized debt discount) 499 499 3.875% senior unsecured notes, maturing April 15, 2030 (effective interest rate of 3.89% after reduction of unamortized debt discount) 496 495 1.600% senior unsecured notes, maturing May 15, 2031 (effective interest rate of 1.61% after reduction of unamortized debt discount) 500 500 4.500% senior unsecured notes, maturing April 15, 2050 (effective interest rate of 4.52% after reduction of unamortized debt discount) 383 383 Total debt 3,375 3,374 Current maturities of long-term debt, net of debt issuance costs (500) — Debt issuance costs (16) (19) Long-term debt $ 2,859 $ 3,355
Aggregate Maturities of Long-Term Debt, Inclusive of Current Installments	The aggregate maturities of long-term debt, inclusive of current installments at January 28, 2023 are as follows: In millions Fiscal Year: 2024 $ 500 2025 — 2026 — 2027 1,000 2028 — Later years 1,881 Unamortized debt discount (6) Debt issuance costs (16) Less: current maturities of long-term debt (500) Aggregate maturities of long-term debt $ 2,859

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jan. 28, 2023
Income Tax Disclosure [Abstract]
Components of Income Before Income Taxes	For financial reporting purposes, components of income before income taxes are as follows: Fiscal Year Ended In millions January 28, January 29, January 30, United States $ 4,029 $ 3,934 $ 642 Foreign 607 464 (553) Income before income taxes $ 4,636 $ 4,398 $ 89
Provision for Income Taxes	The provision (benefit) for income taxes includes the following: Fiscal Year Ended In millions January 28, January 29, January 30, Current: Federal $ 656 $ 766 $ 190 State 233 271 36 Foreign 185 122 5 Deferred: Federal 52 (32) (98) State 0 (26) (25) Foreign 12 14 (109) Provision (benefit) for income taxes $ 1,138 $ 1,115 $ (1)
Net Deferred Tax (Liabilities) Assets	TJX had net deferred tax assets (liabilities) as follows: Fiscal Year Ended In millions January 28, January 29, Deferred tax assets: Net operating loss carryforward $ 156 $ 159 Pension, stock compensation, postretirement and employee benefits 326 368 Operating lease liabilities 2,500 2,379 Accruals and reserves 245 237 Other 14 13 Total gross deferred tax assets $ 3,241 $ 3,156 Valuation allowance (86) (85) Total deferred tax asset $ 3,155 $ 3,071 Deferred tax liabilities: Property, plant and equipment $ 628 $ 553 Capitalized inventory 61 48 Operating lease right of use assets 2,404 2,289 Tradename/intangibles 21 19 Undistributed foreign earnings 5 9 Other 5 12 Total deferred tax liabilities $ 3,124 $ 2,930 Net deferred tax asset $ 31 $ 141 Non-current asset $ 158 $ 185 Non-current liability (127) (44) Total $ 31 $ 141
Reconciliation of U.S. Federal Statutory Income Tax Rate and Worldwide Effective Income Tax Rate	The difference between the U.S. federal statutory income tax rate and TJX’s worldwide effective income tax rate is reconciled below: Fiscal Year Ended January 28, January 29, January 30, U.S. federal statutory income tax rate 21.0 % 21.0 % 21.0 % Effective state income tax rate 4.3 4.6 28.1 Impact of foreign operations 1.1 0.9 21.4 Excess share-based compensation (1.0) (1.2) (59.4) Tax credits (0.3) (0.3) (8.9) Nondeductible/nontaxable items (0.1) 0.2 (3.3) All other (0.5) 0.2 (0.3) Worldwide effective income tax rate 24.5 % 25.4 % (1.4) %
Reconciliation of Beginning and Ending Gross Amount of Unrecognized Tax Benefits	A reconciliation of the beginning and ending gross amount of unrecognized tax benefits is as follows: Fiscal Year Ended In millions January 28, January 29, January 30, Balance, beginning of year $ 280 $ 269 $ 259 Additions for uncertain tax positions taken in current year 8 10 12 Additions for uncertain tax positions taken in prior years 7 3 1 Reductions for uncertain tax positions taken in prior years (2) — — Reductions resulting from lapse of statute of limitations (18) (2) (3) Settlements with tax authorities (9) — 0 Balance, end of year $ 266 $ 280 $ 269

Leases (Tables)

Leases (Tables)	12 Months Ended
	Jan. 28, 2023
Leases [Abstract]
Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases is as follows: Fiscal Year Ended January 28, January 29, Weighted-average remaining lease term 6.5 years 6.6 years Weighted-average discount rate 2.7 % 2.4 % The following table is a summary of the Company’s components of net lease cost for the fiscal years ended: Fiscal Year Ended In millions Classification January 28, January 29, January 30, Operating lease cost Cost of sales, including buying and occupancy costs $ 1,927 $ 1,906 $ 1,820 Variable and short term lease cost Cost of sales, including buying and occupancy costs 1,359 1,386 1,163 Total lease cost $ 3,286 $ 3,292 $ 2,983 Supplemental cash flow information related to leases is as follows: Fiscal Year Ended In millions January 28, January 29, January 30, Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows paid for operating leases $ 1,949 $ 2,080 $ 1,663 Lease liabilities arising from obtaining right of use assets $ 2,095 $ 1,658 $ 1,380
Operating Leases Maturity Schedule	The following table as of January 28, 2023 summarizes the maturity of lease liabilities under operating leases: In millions Fiscal Year: 2024 $ 1,977 2025 1,825 2026 1,628 2027 1,402 2028 1,111 Later years 2,323 Total lease payments (a) 10,266 Less: imputed interest (b) 881 Total lease liabilities (c) $ 9,385 (a) Operating lease payments exclude legally binding minimum lease payments for leases signed but not yet commenced and include options to extend lease terms that are now deemed reasonably certain of being exercised according to the Company’s Lease Accounting Policy. (b) Calculated using the incremental borrowing rate for each lease. (c) Total lease liabilities are broken out on the Consolidated Balance Sheets between Current portion of operating lease liabilities and Long-term operating lease liabilities.

Accrued Expenses and Other Li_2

Accrued Expenses and Other Liabilities, Current and Long Term (Tables)	12 Months Ended
	Jan. 28, 2023
Payables and Accruals [Abstract]
Schedule of Accrued Expenses and Other Current Liabilities	The major components of accrued expenses and other current liabilities are as follows: Fiscal Year Ended In millions January 28, January 29, Employee compensation and benefits, current $ 968 $ 1,117 Merchandise credits and gift certificates 721 685 Sales tax collections and V.A.T. taxes 384 268 Occupancy costs, including rent, utilities and real estate taxes 378 399 Dividends payable 346 312 Accrued capital additions 199 186 All other current liabilities 1,350 1,278 Total accrued expenses and other current liabilities $ 4,346 $ 4,245
Schedule of Other Long-Term Liabilities	The major components of other long-term liabilities are as follows: Fiscal Year Ended In millions January 28, January 29, Employee compensation and benefits, long-term $ 597 $ 647 Tax reserve, long-term 235 277 Asset retirement obligation 66 66 All other long-term liabilities 21 25 Total other long-term liabilities $ 919 $ 1,015

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	12 Months Ended
	Jan. 28, 2023
Supplemental Cash Flow Elements [Abstract]
Summary of Cash Payments for Interest and Income Taxes and Non-Cash Investing and Financing Activities	TJX’s cash payments for interest and income taxes and non-cash investing and financing activities are as follows: Fiscal Year Ended In millions January 28, January 29, January 30, Cash paid for: Interest on debt (a) $ 86 $ 139 $ 153 Income taxes 1,225 1,119 146 Non-cash investing and financing activity: Dividends payable $ 34 $ (3) $ 34 Property additions 13 97 (36)

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Details) - SEC Schedule, 12-09, Allowance, Sales Return - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance Beginning of Period	$ 142	$ 168	$ 109
Amounts Charged to Net Income	5,600	5,627	3,530
Write-Offs Against Reserve	5,594	5,653	3,471
Balance End of Period	$ 148	$ 142	$ 168

Basis of Presentation and Sum_4

Basis of Presentation and Summary of Accounting Policies - Revenue Recognition (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Gift card revenue recognized	$ 1,886	$ 1,721	$ 1,100
Revenue recognized from store card breakage	$ 44	$ 21	$ 14
Sales revenue net | Product and service, other | Product Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Concentration risk, percentage (less than)	1%

Basis of Presentation and Sum_5

Basis of Presentation and Summary of Accounting Policies - Deferred Gift Card Revenue (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Movement in Contract with Customer, Liability [Roll Forward]
Beginning Balance	$ 685	$ 576
Deferred revenue	1,927	1,832
Effect of exchange rates changes on deferred revenue	(5)	(2)
Revenue recognized	(1,886)	(1,721)	$ (1,100)
Ending Balance	$ 721	$ 685	$ 576

Basis of Presentation and Sum_6

Basis of Presentation and Summary of Accounting Policies - Cash and Cash Equivalents (Details) - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	$ 5,477	$ 6,227
Non-US
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	1,200
Non-US | Undistributed earnings planned to be reinvested indefinitely
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	$ 700

Basis of Presentation and Sum_7

Basis of Presentation and Summary of Accounting Policies - Merchandise Inventories (Details) - USD ($) $ in Billions	Jan. 28, 2023	Jan. 29, 2022
Accounting Policies [Abstract]
In-transit inventory	$ 1.3	$ 1.7

Basis of Presentation and Sum_8

Basis of Presentation and Summary of Accounting Policies - Summary of Interest Expense, Net (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Accounting Policies [Abstract]
Interest expense	$ 91	$ 123	$ 199
Capitalized interest	(7)	(4)	(5)
Interest (income)	(78)	(4)	(13)
Interest expense, net	$ 6	$ 115	$ 181

Basis of Presentation and Sum_9

Basis of Presentation and Summary of Accounting Policies - Depreciation and Amortization (Details) - USD ($)	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Property, Plant and Equipment [Line Items]
Depreciation and amortization expense	$ 879,000,000	$ 858,000,000	$ 858,000,000
Property held under finance leases	$ 0	$ 0	$ 0
Building
Property, Plant and Equipment [Line Items]
Property, plant and equipment useful life	33 years
Leaseholds and Leasehold Improvements | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment useful life	10 years
Leaseholds and Leasehold Improvements | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment useful life	15 years
Furniture, Fixtures And Equipment | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment useful life	3 years
Furniture, Fixtures And Equipment | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment useful life	10 years
Software | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment useful life	5 years

Basis of Presentation and Su_10

Basis of Presentation and Summary of Accounting Policies - Lease Accounting (Details)	12 Months Ended
	Jan. 28, 2023
Minimum
Lessee, Lease, Description [Line Items]
Operating lease term of possession previous to opening store	30 days
Maximum
Lessee, Lease, Description [Line Items]
Operating lease term of possession previous to opening store	60 days

Basis of Presentation and Su_11

Basis of Presentation and Summary of Accounting Policies - Goodwill and Tradenames (Details) - USD ($)	3 Months Ended	12 Months Ended
	May 02, 2020	Jan. 28, 2023	Jan. 29, 2022
Trade Names
Goodwill [Line Items]
Impairment related to tradenames		$ 0	$ 0
Trademarks | Minimum
Goodwill [Line Items]
Finite lived intangible asset useful life (in years)		7 years
Trademarks | Maximum
Goodwill [Line Items]
Finite lived intangible asset useful life (in years)		10 years
Sierra Trading Post | Trade Names
Goodwill [Line Items]
Finite lived intangible asset useful life (in years)		15 years
Trade Secret | Trade Names
Goodwill [Line Items]
Impairment related to tradenames	$ 5,000,000
Former Subsidiary
Goodwill [Line Items]
Percentage owned in subsidiary company		83%

Basis of Presentation and Su_12

Basis of Presentation and Summary of Accounting Policies - Roll Forward of Goodwill by Segment (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022
Goodwill [Roll Forward]
Beginning balance	$ 97	$ 99
Effect of exchange rate changes on goodwill	0	(2)
Ending balance	97	97
Marmaxx
Goodwill [Roll Forward]
Beginning balance	70	70
Effect of exchange rate changes on goodwill	0	0
Ending balance	70	70
TJX Canada
Goodwill [Roll Forward]
Beginning balance	2	2
Effect of exchange rate changes on goodwill	0	0
Ending balance	2	2
TJX International
Goodwill [Roll Forward]
Beginning balance	25	27
Effect of exchange rate changes on goodwill	0	(2)
Ending balance	$ 25	$ 25

Basis of Presentation and Su_13

Basis of Presentation and Summary of Accounting Policies - Roll Forward Finite Intangible Assets (Details) - Trade Names - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Sierra Trading Post
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 39	$ 39
Accumulated Amortization	(27)	(24)
Net Carrying Value	12	15
Trade Secret
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	13	13
Accumulated Amortization	(13)	(13)
Net Carrying Value	0	0
Marshalls
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible asset:	$ 108	$ 108

Basis of Presentation and Su_14

Basis of Presentation and Summary of Accounting Policies - Impairment of Long-Lived Assets, Goodwill and Tradenames (Details) - USD ($)	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Goodwill [Line Items]
Intangible asset impairments related to goodwill	$ 0	$ 0	$ 0
Trade Names
Goodwill [Line Items]
Impairment related to tradenames	$ 0	$ 0

Basis of Presentation and Su_15

Basis of Presentation and Summary of Accounting Policies - Advertising Costs (Details) - USD ($) $ in Billions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Accounting Policies [Abstract]
Advertising expense	$ 0.5	$ 0.5	$ 0.3

Basis of Presentation and Su_16

Basis of Presentation and Summary of Accounting Policies - Equity Investment (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Oct. 29, 2022	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Schedule of Equity Method Investments [Line Items]
Impairment on equity investment		$ 218	$ 0	$ 0
Tax benefit	$ 54
Familia
Schedule of Equity Method Investments [Line Items]
Impairment on equity investment		$ 218
Carrying amount			186
Difference between cost of investment and share of net assets			$ 167

Property at Cost - Components o

Property at Cost - Components of Property at Cost (Details) - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Property, Plant and Equipment [Abstract]
Land and buildings	$ 2,043	$ 1,912
Leasehold costs and improvements	3,874	3,652
Furniture, fixtures and equipment	7,400	6,872
Total property at cost	13,317	12,436
Less accumulated depreciation and amortization	7,534	7,165
Net property at cost	$ 5,783	$ 5,271

Property at Cost - Summary of L

Property at Cost - Summary of Long-Lived Assets by Geographic Location (Details) - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Carrying values of long-lived assets	$ 5,783	$ 5,271
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Carrying values of long-lived assets	4,518	4,041
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Carrying values of long-lived assets	274	248
Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Carrying values of long-lived assets	923	927
Australia
Revenues from External Customers and Long-Lived Assets [Line Items]
Carrying values of long-lived assets	$ 68	$ 55

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive (Loss) Income - Changes in Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	$ 6,003	$ 5,833	$ 5,948
Foreign currency translation adjustments, net of taxes	(56)	(45)	14
Recognition of net gains/losses on benefit obligations, net of taxes	121	(48)	31
Amortization of loss on cash flow hedge, net of taxes	0	0	1
Amortization of prior service cost and deferred gains/losses, net of taxes	16	13	20
Ending balance	6,364	6,003	5,833
Accumulated Other Comprehensive (Loss) Income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(687)	(607)	(673)
Ending balance	(606)	(687)	(607)
Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(488)	(443)	(457)
Foreign currency translation adjustments, net of taxes	(56)	(45)	14
Ending balance	(544)	(488)	(443)
Deferred Benefit Costs
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(199)	(164)	(215)
Recognition of net gains/losses on benefit obligations, net of taxes	121	(48)	31
Amortization of prior service cost and deferred gains/losses, net of taxes	16	13	20
Ending balance	(62)	(199)	(164)
Cash Flow Hedge on Debt
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	0	0	(1)
Amortization of loss on cash flow hedge, net of taxes		0	1
Ending balance	$ 0	$ 0	$ 0

Capital Stock and Earnings Pe_3

Capital Stock and Earnings Per Share - Additional Information (Details) - USD ($) $ / shares in Units, $ in Billions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021	Feb. 28, 2023
Capital Unit [Line Items]
Common stock repurchased and retired	$ 2.3	$ 2.2	$ 0.2
Repurchase of common stock (in shares)	35,000,000	31,000,000	3,000,000
Remaining available stock under stock repurchase plan	$ 3.5
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, par value ($ per share)	$ 1	$ 1
Antidilutive options excluded (in shares)	6,000,000	5,000,000	6,000,000
Subsequent Event
Capital Unit [Line Items]
Stock repurchase program, additional authorized amount				$ 2
Trade Date Basis
Capital Unit [Line Items]
Common stock repurchased and retired (in shares)	35,000,000
Common stock repurchased and retired	$ 2.3

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 Millions, $ in Millions	3 Months Ended	9 Months Ended	12 Months Ended
	Jan. 30, 2021	Oct. 31, 2020	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Basic earnings per share:
Net income			$ 3,498	$ 3,283	$ 90
Weighted average common stock outstanding for basic earnings per share calculation (in shares)			1,166	1,200	1,200
Basic earnings per share (in dollars per share)			$ 3	$ 2.74	$ 0.08
Diluted earnings per share:
Net income			$ 3,498	$ 3,283	$ 90
Weighted average common stock outstanding for basic earnings per share calculation (in shares)			1,166	1,200	1,200
Stock options and awards (in shares)			12	16	15
Weighted average common stock outstanding for diluted earnings per share calculation (in shares)			1,178	1,216	1,215
Diluted earnings per share (in dollars per share)			$ 2.97	$ 2.70	$ 0.07
Cash dividends declared per share (in dollars per share)	$ 0.26	$ 0	$ 1.18	$ 1.04	$ 0.26

Financial Instruments - Additio

Financial Instruments - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Derivative [Line Items]
Hedge of diesel fuel requirement, remainder of fiscal year	50%
Realized gains (losses) on derivative	$ 200	$ 54	$ (74)
Foreign currency exchange contracts
Derivative [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 Millions, £ in Millions, zł in Millions, gal / mo in Millions, $ in Millions, $ in Millions, $ in Millions	12 Months Ended
	Jan. 28, 2023 EUR (€) gal / mo	Jan. 29, 2022 EUR (€) gal / mo	Jan. 28, 2023 GBP (£)	Jan. 28, 2023 USD ($)	Jan. 28, 2023 AUD ($)	Jan. 28, 2023 CAD ($)	Jan. 28, 2023 PLN (zł)	Jan. 29, 2022 GBP (£)	Jan. 29, 2022 USD ($)	Jan. 29, 2022 AUD ($)	Jan. 29, 2022 CAD ($)	Jan. 29, 2022 PLN (zł)
Derivatives, Fair Value [Line Items]
Current Asset U.S.$				$ 12.5					$ 45.1
Current (Liability) U.S.$				(45.1)					(3.3)
Net Fair Value in U.S.$				$ (32.6)					$ 41.8
Intercompany balances, primarily debt: | Prepaid Expense | Conversion Of Euro To Pound | Fair value hedges:
Derivatives, Fair Value [Line Items]
Blended Contract Rate		0.8428						0.8428	0.8428	0.8428	0.8428	0.8428
Current Asset U.S.$									$ 0.1
Current (Liability) U.S.$									0
Net Fair Value in U.S.$									$ 0.1
Intercompany balances, primarily debt: | Prepaid Expense | Conversion Of Australian Dollar To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Blended Contract Rate		0.7180						0.7180	0.7180	0.7180	0.7180	0.7180
Current Asset U.S.$									$ 2
Current (Liability) U.S.$									0
Net Fair Value in U.S.$									$ 2
Intercompany balances, primarily debt: | Prepaid Expense | Conversion Of Euro To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Blended Contract Rate		1.1516						1.1516	1.1516	1.1516	1.1516	1.1516
Current Asset U.S.$									$ 4.5
Current (Liability) U.S.$									0
Net Fair Value in U.S.$									$ 4.5
Intercompany balances, primarily debt: | Prepaid Expense | Conversion Of Zloty To Pound | Fair value hedges:
Derivatives, Fair Value [Line Items]
Blended Contract Rate		0.1816						0.1816	0.1816	0.1816	0.1816	0.1816
Current Asset U.S.$									$ 0.1
Current (Liability) U.S.$									0
Net Fair Value in U.S.$									$ 0.1
Intercompany balances, primarily debt: | (Accrued Expense) | Conversion Of Euro To Pound | Fair value hedges:
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.8807		0.8807	0.8807	0.8807	0.8807	0.8807
Current Asset U.S.$				$ 0
Current (Liability) U.S.$				(0.3)
Net Fair Value in U.S.$				$ (0.3)
Intercompany balances, primarily debt: | (Accrued Expense) | Conversion Of Australian Dollar To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.7003		0.7003	0.7003	0.7003	0.7003	0.7003
Current Asset U.S.$				$ 0
Current (Liability) U.S.$				(2.6)
Net Fair Value in U.S.$				$ (2.6)
Intercompany balances, primarily debt: | (Accrued Expense) | Conversion Of US Dollar To Pound | Fair value hedges:
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.8010	0.7368	0.8010	0.8010	0.8010	0.8010	0.8010	0.7368	0.7368	0.7368	0.7368	0.7368
Current Asset U.S.$				$ 0					$ 0
Current (Liability) U.S.$				(0.3)					(1)
Net Fair Value in U.S.$				$ (0.3)					(1)
Intercompany balances, primarily debt: | (Accrued Expense) | Conversion Of Pound To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Blended Contract Rate	1.2191		1.2191	1.2191	1.2191	1.2191	1.2191
Current Asset U.S.$				$ 0
Current (Liability) U.S.$				(5.5)
Net Fair Value in U.S.$				$ (5.5)
Intercompany balances, primarily debt: | Prepaid Expense / (Accrued Expense) | Conversion Of Euro To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Blended Contract Rate	1.0652		1.0652	1.0652	1.0652	1.0652	1.0652
Current Asset U.S.$				$ 0.8
Current (Liability) U.S.$				(7)
Net Fair Value in U.S.$				(6.2)
Diesel fuel contracts | Prepaid Expense
Derivatives, Fair Value [Line Items]
Current Asset U.S.$				3.9					23.7
Current (Liability) U.S.$				0					0
Net Fair Value in U.S.$				$ 3.9					$ 23.7
Intercompany billings in TJX International, primarily merchandise related: | Prepaid Expense | Conversion Of Euro To Pound
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.8834		0.8834	0.8834	0.8834	0.8834	0.8834
Current Asset U.S.$				$ 0.8
Current (Liability) U.S.$				0
Net Fair Value in U.S.$				$ 0.8
Intercompany billings in TJX International, primarily merchandise related: | (Accrued Expense) | Conversion Of Euro To Pound
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.$									(0.1)
Net Fair Value in U.S.$									$ (0.1)
Merchandise purchase commitments: | Prepaid Expense | Conversion Of Australian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Blended Contract Rate		0.7246						0.7246	0.7246	0.7246	0.7246	0.7246
Current Asset U.S.$									$ 1.3
Current (Liability) U.S.$									0
Net Fair Value in U.S.$									$ 1.3
Merchandise purchase commitments: | Prepaid Expense | Conversion Of US Dollar To Euro
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.9634		0.9634	0.9634	0.9634	0.9634	0.9634
Current Asset U.S.$				$ 4.3
Current (Liability) U.S.$				0
Net Fair Value in U.S.$				$ 4.3
Merchandise purchase commitments: | (Accrued Expense) | Conversion Of Australian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.6819		0.6819	0.6819	0.6819	0.6819	0.6819
Current Asset U.S.$				$ 0
Current (Liability) U.S.$				(3.3)
Net Fair Value in U.S.$				$ (3.3)
Merchandise purchase commitments: | (Accrued Expense) | Conversion Of Canadian Dollar To Euro
Derivatives, Fair Value [Line Items]
Blended Contract Rate		0.6948						0.6948	0.6948	0.6948	0.6948	0.6948
Current Asset U.S.$									$ 0
Current (Liability) U.S.$									(0.2)
Net Fair Value in U.S.$									$ (0.2)
Merchandise purchase commitments: | (Accrued Expense) | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.1788		0.1788	0.1788	0.1788	0.1788	0.1788
Current Asset U.S.$				$ 0
Current (Liability) U.S.$				(3.6)
Net Fair Value in U.S.$				$ (3.6)
Merchandise purchase commitments: | (Accrued Expense) | Conversion Of US Dollar To Euro
Derivatives, Fair Value [Line Items]
Blended Contract Rate		0.8807						0.8807	0.8807	0.8807	0.8807	0.8807
Current Asset U.S.$									$ 0
Current (Liability) U.S.$									(0.9)
Net Fair Value in U.S.$									$ (0.9)
Merchandise purchase commitments: | Prepaid Expense / (Accrued Expense) | Conversion Of Pound To US Dollar
Derivatives, Fair Value [Line Items]
Blended Contract Rate	1.1916	1.3583	1.1916	1.1916	1.1916	1.1916	1.1916	1.3583	1.3583	1.3583	1.3583	1.3583
Current Asset U.S.$				$ 0.1					$ 6
Current (Liability) U.S.$				(15.4)					(0.6)
Net Fair Value in U.S.$				$ (15.3)					$ 5.4
Merchandise purchase commitments: | Prepaid Expense / (Accrued Expense) | Conversion Of Canadian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.7449	0.7927	0.7449	0.7449	0.7449	0.7449	0.7449	0.7927	0.7927	0.7927	0.7927	0.7927
Current Asset U.S.$				$ 2.2					$ 6.7
Current (Liability) U.S.$				(7.1)					(0.1)
Net Fair Value in U.S.$				$ (4.9)					$ 6.6
Merchandise purchase commitments: | Prepaid Expense / (Accrued Expense) | Conversion Of Canadian Dollar To Euro
Derivatives, Fair Value [Line Items]
Blended Contract Rate	0.7064		0.7064	0.7064	0.7064	0.7064	0.7064
Current Asset U.S.$				$ 0.4
Current (Liability) U.S.$				0
Net Fair Value in U.S.$				0.4
Merchandise purchase commitments: | Prepaid Expense / (Accrued Expense) | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Blended Contract Rate		0.1813						0.1813	0.1813	0.1813	0.1813	0.1813
Current Asset U.S.$									$ 0.7
Current (Liability) U.S.$									(0.4)
Net Fair Value in U.S.$									0.3
Pay | Intercompany balances, primarily debt: | Prepaid Expense | Conversion Of Euro To Pound | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount | €		€ 60
Pay | Intercompany balances, primarily debt: | Prepaid Expense | Conversion Of Australian Dollar To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount										$ 170
Pay | Intercompany balances, primarily debt: | Prepaid Expense | Conversion Of Euro To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount | €		200
Pay | Intercompany balances, primarily debt: | Prepaid Expense | Conversion Of Zloty To Pound | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount | zł												zł 25
Pay | Intercompany balances, primarily debt: | (Accrued Expense) | Conversion Of Euro To Pound | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount | €	€ 60
Pay | Intercompany balances, primarily debt: | (Accrued Expense) | Conversion Of Australian Dollar To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount					$ 150
Pay | Intercompany balances, primarily debt: | (Accrued Expense) | Conversion Of US Dollar To Pound | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount				69					75
Pay | Intercompany balances, primarily debt: | (Accrued Expense) | Conversion Of Pound To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount | £			£ 200
Pay | Intercompany balances, primarily debt: | Prepaid Expense / (Accrued Expense) | Conversion Of Euro To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount | €	200
Pay | Intercompany billings in TJX International, primarily merchandise related: | Prepaid Expense | Conversion Of Euro To Pound
Derivatives, Fair Value [Line Items]
Derivative notional amount | €	€ 146
Pay | Intercompany billings in TJX International, primarily merchandise related: | (Accrued Expense) | Conversion Of Euro To Pound
Derivatives, Fair Value [Line Items]
Derivative notional amount | €		€ 91
Pay | Merchandise purchase commitments: | Prepaid Expense | Conversion Of Australian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Derivative notional amount										$ 66
Pay | Merchandise purchase commitments: | Prepaid Expense | Conversion Of US Dollar To Euro
Derivatives, Fair Value [Line Items]
Derivative notional amount				85
Pay | Merchandise purchase commitments: | (Accrued Expense) | Conversion Of Australian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Derivative notional amount					$ 104
Pay | Merchandise purchase commitments: | (Accrued Expense) | Conversion Of Canadian Dollar To Euro
Derivatives, Fair Value [Line Items]
Derivative notional amount											$ 38
Pay | Merchandise purchase commitments: | (Accrued Expense) | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Derivative notional amount | zł							zł 507
Pay | Merchandise purchase commitments: | (Accrued Expense) | Conversion Of US Dollar To Euro
Derivatives, Fair Value [Line Items]
Derivative notional amount									67
Pay | Merchandise purchase commitments: | Prepaid Expense / (Accrued Expense) | Conversion Of Pound To US Dollar
Derivatives, Fair Value [Line Items]
Derivative notional amount | £			299					£ 325
Pay | Merchandise purchase commitments: | Prepaid Expense / (Accrued Expense) | Conversion Of Canadian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Derivative notional amount						$ 705					$ 988
Pay | Merchandise purchase commitments: | Prepaid Expense / (Accrued Expense) | Conversion Of Canadian Dollar To Euro
Derivatives, Fair Value [Line Items]
Derivative notional amount						$ 23
Pay | Merchandise purchase commitments: | Prepaid Expense / (Accrued Expense) | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Derivative notional amount | zł												zł 453
Pay | Minimum | Diesel fuel contracts | Prepaid Expense
Derivatives, Fair Value [Line Items]
Derivative nonmonetary notional amount | gal / mo	3.2	3.6
Pay | Maximum | Diesel fuel contracts | Prepaid Expense
Derivatives, Fair Value [Line Items]
Derivative nonmonetary notional amount | gal / mo	3.6	4
Receive | Intercompany balances, primarily debt: | Prepaid Expense | Conversion Of Euro To Pound | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount | £								51
Receive | Intercompany balances, primarily debt: | Prepaid Expense | Conversion Of Australian Dollar To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount									122
Receive | Intercompany balances, primarily debt: | Prepaid Expense | Conversion Of Euro To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount									230
Receive | Intercompany balances, primarily debt: | Prepaid Expense | Conversion Of Zloty To Pound | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount | £								5
Receive | Intercompany balances, primarily debt: | (Accrued Expense) | Conversion Of Euro To Pound | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount | £			53
Receive | Intercompany balances, primarily debt: | (Accrued Expense) | Conversion Of Australian Dollar To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount				105
Receive | Intercompany balances, primarily debt: | (Accrued Expense) | Conversion Of US Dollar To Pound | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount | £			55					55
Receive | Intercompany balances, primarily debt: | (Accrued Expense) | Conversion Of Pound To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount				244
Receive | Intercompany balances, primarily debt: | Prepaid Expense / (Accrued Expense) | Conversion Of Euro To US Dollar | Fair value hedges:
Derivatives, Fair Value [Line Items]
Derivative notional amount				213
Receive | Intercompany billings in TJX International, primarily merchandise related: | Prepaid Expense | Conversion Of Euro To Pound
Derivatives, Fair Value [Line Items]
Derivative notional amount | £			129
Receive | Intercompany billings in TJX International, primarily merchandise related: | (Accrued Expense) | Conversion Of Euro To Pound
Derivatives, Fair Value [Line Items]
Derivative notional amount | £								76
Receive | Merchandise purchase commitments: | Prepaid Expense | Conversion Of Australian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Derivative notional amount									48
Receive | Merchandise purchase commitments: | Prepaid Expense | Conversion Of US Dollar To Euro
Derivatives, Fair Value [Line Items]
Derivative notional amount | €	€ 82
Receive | Merchandise purchase commitments: | (Accrued Expense) | Conversion Of Australian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Derivative notional amount				71
Receive | Merchandise purchase commitments: | (Accrued Expense) | Conversion Of Canadian Dollar To Euro
Derivatives, Fair Value [Line Items]
Derivative notional amount | €		€ 27
Receive | Merchandise purchase commitments: | (Accrued Expense) | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Derivative notional amount | £			£ 91
Receive | Merchandise purchase commitments: | (Accrued Expense) | Conversion Of US Dollar To Euro
Derivatives, Fair Value [Line Items]
Derivative notional amount | €		€ 59
Receive | Merchandise purchase commitments: | Prepaid Expense / (Accrued Expense) | Conversion Of Pound To US Dollar
Derivatives, Fair Value [Line Items]
Derivative notional amount				356					442
Receive | Merchandise purchase commitments: | Prepaid Expense / (Accrued Expense) | Conversion Of Canadian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Derivative notional amount				$ 525					$ 783
Receive | Merchandise purchase commitments: | Prepaid Expense / (Accrued Expense) | Conversion Of Canadian Dollar To Euro
Derivatives, Fair Value [Line Items]
Derivative notional amount | €	€ 16
Receive | Merchandise purchase commitments: | Prepaid Expense / (Accrued Expense) | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Derivative notional amount | £								£ 82
Receive | Minimum | Diesel fuel contracts | Prepaid Expense
Derivatives, Fair Value [Line Items]
Derivative nonmonetary notional amount | gal / mo	3.2	3.6
Receive | Maximum | Diesel fuel contracts | Prepaid Expense
Derivatives, Fair Value [Line Items]
Derivative nonmonetary notional amount | gal / mo	3.6	4

Financial Instruments - Impact

Financial Instruments - Impact of Derivative Financial Instruments on Statements of Income (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in income	$ 129	$ 108	$ (74)
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
Intercompany balances, primarily debt | Fair value hedges:
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in income	$ 12	$ 36	$ (60)
Diesel fuel contracts | Economic hedges for which hedge accounting was not elected:
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in income	55	43	(6)
Intercompany billings in TJX International, primarily merchandise related: | Economic hedges for which hedge accounting was not elected:
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in income	(9)	5	(4)
Merchandise purchase commitments: | Economic hedges for which hedge accounting was not elected:
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in income	$ 71	$ 24	$ (4)

Fair Value Measurement - Fair V

Fair Value Measurement - Fair Value of Financial Assets and Liabilities on a Recurring Basis (Details) - Recurring - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Level 1 | Executive Savings Plan investments
Assets:
Executive Savings Plan investments	$ 371.6	$ 387.7
Level 2 | Foreign currency exchange contracts
Assets:
Foreign currency exchange contracts	8.6	21.4
Liabilities:
Foreign currency exchange contracts	45.1	3.3
Level 2 | Diesel fuel contracts
Assets:
Diesel fuel contracts	$ 3.9	$ 23.7

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of long-term debt	$ 2,600	$ 3,500
Long-term debt	2,859	3,355
Fair value of current portion of long-term debt	500
Current portion of long-term debt	500	0
Impairment on equity investment	218	$ 0	$ 0
Familia
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment on equity investment	$ 218

Segment Information - Additiona

Segment Information - Additional Information (Details)	12 Months Ended
	Jan. 28, 2023 segment
Segment Reporting [Abstract]
Number of business segments	4

Segment Information - Percentag

Segment Information - Percentages of Consolidated Revenues by Major Product Category (Details)	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Segment Reporting Information [Line Items]
Revenue percentage	100%	100%	100%
Clothing including footwear
Segment Reporting Information [Line Items]
Revenue percentage	48%	47%	46%
Jewelry and accessories
Segment Reporting Information [Line Items]
Revenue percentage	17%	15%	15%
Home fashions
Segment Reporting Information [Line Items]
Revenue percentage	35%	38%	39%

Segment Information - Financial

Segment Information - Financial Information on Business Segments (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Segment Reporting Information [Line Items]
Net sales	$ 49,936	$ 48,550	$ 32,137
General corporate expense	8,927	9,081	7,021
Loss on early extinguishment of debt	0	242	312
Interest expense, net	6	115	181
Income before income taxes	4,636	4,398	89
Identifiable assets	28,349	28,461	30,814
Capital expenditures	1,457	1,045	568
Depreciation and amortization	887	868	871
Impairment on equity investment	218	0	0
Operating segments
Segment Reporting Information [Line Items]
Segment profit	5,442	5,366	1,021
Corporate
Segment Reporting Information [Line Items]
General corporate expense	582	611	439
Identifiable assets	6,511	7,293	11,318
Depreciation and amortization	5	7	10
Marmaxx | Operating segments
Segment Reporting Information [Line Items]
Net sales	30,545	29,483	19,363
Segment profit	3,883	3,813	891
Identifiable assets	12,170	11,229	10,221
Capital expenditures	822	513	216
Depreciation and amortization	480	465	479
HomeGoods | Operating segments
Segment Reporting Information [Line Items]
Net sales	8,264	8,995	6,096
Segment profit	522	907	510
Identifiable assets	3,590	3,461	2,851
Capital expenditures	295	244	162
Depreciation and amortization	165	149	135
TJX Canada | Operating segments
Segment Reporting Information [Line Items]
Net sales	4,912	4,343	2,836
Segment profit	690	485	124
Identifiable assets	2,003	2,197	2,035
Capital expenditures	110	69	44
Depreciation and amortization	70	73	71
TJX International | Operating segments
Segment Reporting Information [Line Items]
Net sales	6,215	5,729	3,842
Segment profit	347	161	(504)
Identifiable assets	4,075	4,281	4,389
Capital expenditures	230	219	146
Depreciation and amortization	$ 167	$ 174	$ 176

Stock Incentive Plan - Addition

Stock Incentive Plan - Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares approved for issuance under Stock Incentive Plan (up to) (in shares)	723,000,000
Shares available for future grants (in shares)	49,000,000
Compensation cost related to share-based compensation	$ 122	$ 189	$ 59
Unrecognized compensation cost related to nonvested share-based compensation	$ 178
Unrecognized compensation cost weighted-average recognition period, years	2 years
Options granted at market price in percentage	100%
Vesting period of grant, years	3 years
Term in which vesting period starts after grant, years	1 year
Maximum term of grant, years	9 years
Intrinsic value of options exercised	$ 300	300	$ 300
Performance-based restricted stock and other awards, period	3 years
Stock compensation charge		$ 37
Performance-based stock, granted (in shares)	932,000	820,000	857,000
Shares granted weighted average grant date fair value (dollars per share)	$ 60.46	$ 65.53	$ 56.24
Fair value of performance-based restricted stock that vested	$ 55	$ 44	$ 57
Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred shares outstanding (in shares)	433,000
Stock Option Plan | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum term of grant, years	10 years

Stock Incentive Plan - Schedule

Stock Incentive Plan - Schedule of Estimated Fair Value of Options as of Grant Date by Using Black-Scholes Option Pricing Model (Details) - $ / shares	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Share-Based Payment Arrangement [Abstract]
Risk-free interest rate	3.69%	0.84%	0.28%
Dividend yield	1.80%	1.50%	1.40%
Expected volatility factor	26%	23.80%	26.50%
Expected option life	5 years 6 months	5 years	5 years
Weighted average fair value of options issued (in dollars per share)	$ 16.68	$ 12.85	$ 11.29

Stock Incentive Plan - Stock Op

Stock Incentive Plan - Stock Options And Related Weighted Average Exercise Price (Details) - $ / shares shares in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Options
Outstanding at beginning of year (in shares)	40	43	45
Granted (in shares)	6	5	6
Exercised (in shares)	(8)	(7)	(8)
Forfeitures (in shares)	(1)	(1)	0
Outstanding at end of year (in shares)	37	40	43
Options exercisable at end of year (in shares)	26	29	31
Weighted Average Exercise Price
Outstanding at beginning of year (in dollars per share)	$ 47.11	$ 41.79	$ 36.81
Granted (in dollars per share)	65.54	70.48	57.32
Exercised (in dollars per share)	38.12	32.04	25.68
Forfeitures (in dollars per share)	63.29	57.55	52.96
Outstanding at end of year (in dollars per share)	51.88	47.11	41.79
Options exercisable at end of year (in dollars per share)	$ 45.99	$ 40.93	$ 36.05

Stock Incentive Plan - Schedu_2

Stock Incentive Plan - Schedule Of Stock Options Outstanding Expected To Vest And Stock Options Outstanding Exercisable (Details) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Jan. 28, 2023 USD ($) $ / shares shares
Share-Based Payment Arrangement [Abstract]
Shares, Options outstanding expected to vest (in shares)	10
Shares, Options exercisable (in shares)	26
Shares, Total outstanding options vested and expected to vest (in shares)	36
Aggregate Intrinsic Value, Options outstanding expected to vest | $	$ 170
Aggregate Intrinsic Value, Options exercisable | $	939
Aggregate Intrinsic Value, Total outstanding options vested and expected to vest | $	$ 1,109
Weighted Average Remaining Contract Life, Options outstanding expected to vest, years	9 years
Weighted Average Remaining Contract Life, Options exercisable, years	4 years 10 months 24 days
Weighted Average Remaining Contract Life, Total outstanding options vested and expected to vest, years	6 years 1 month 6 days
WAEP, Options outstanding expected to vest (in dollars per share) | $ / shares	$ 65.58
WAEP, Options exercisable (in dollars per share) | $ / shares	45.99
WAEP, Total outstanding options vested and expected to vest (in dollars per share) | $ / shares	$ 51.58
Options outstanding expected to vest represents total unvested options adjusted for anticipated forfeitures (in shares)	11

Stock Incentive Plan - Summary

Stock Incentive Plan - Summary of Nonvested Performance-Based Stock Awards (Details) - $ / shares	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Total Stock Awards
Granted (in shares)	932,000	820,000	857,000
Weighted Average Grant Date Fair Value
Granted (dollars per share)	$ 60.46	$ 65.53	$ 56.24
Restricted Stock Units
Total Stock Awards
Nonvested at beginning of year (in shares)	1,836,000,000
Granted (in shares)	461,000,000
Vested (in shares)	(368,000,000)
Forfeited (in shares)	(62,000,000)
Nonvested at end of year (in shares)	1,867,000,000	1,836,000,000
Performance Stock Units
Total Stock Awards
Nonvested at beginning of year (in shares)	932,000,000
Granted (in shares)	471,000,000
Vested (in shares)	(627,000,000)
Forfeited (in shares)	(15,000,000)
Nonvested at end of year (in shares)	761,000,000	932,000,000
Restricted Stock Units and Performance Stock Units
Total Stock Awards
Nonvested at beginning of year (in shares)	2,768,000,000
Granted (in shares)	932,000,000
Vested (in shares)	(995,000,000)
Forfeited (in shares)	(77,000,000)
Nonvested at end of year (in shares)	2,628,000,000	2,768,000,000
Weighted Average Grant Date Fair Value
Nonvested at beginning of year (dollars per share)	$ 58.91
Granted (dollars per share)	60.46
Vested (dollars per share)	55.27
Forfeited (dollars per share)	27.29
Nonvested at end of year (dollars per share)	$ 61.76	$ 58.91

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 Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Change in projected benefit obligation:
Defined Benefit Plan Net Periodic Benefit Cost Credit Interest Cost Statement Of Income Or Comprehensive Income Extensible List Not Disclosed Flag	true
Change in plan assets:
Employer contribution	$ 3	$ 5
Net (asset) liability recognized on Consolidated Balance Sheets		118
Funded Plan
Change in projected benefit obligation:
Projected benefit obligation at beginning of year	1,717	1,619
Service cost	48	49	$ 50
Interest cost	58	52	50
Actuarial (gains) losses	(442)	29
Benefits paid	(35)	(29)
Expenses paid	(3)	(3)
Projected benefit obligation at end of year	1,343	1,717	1,619
Accumulated benefit obligation at end of year	1,241	1,560
Change in plan assets:
Fair value of plan assets at beginning of year	1,713	1,686
Actual return on plan assets	(200)	59
Employer contribution	0	0
Benefits paid	(35)	(29)
Expenses paid	(3)	(3)
Fair value of plan assets at end of year	1,475	1,713	1,686
Funded status – excess (asset) obligation	(132)	4
Net (asset) liability recognized on Consolidated Balance Sheets	(132)	4
Prior service cost	0	0
Accumulated actuarial losses	126	297
Amounts included in Accumulated other comprehensive income (loss)	126	297
Unfunded Plan
Change in projected benefit obligation:
Projected benefit obligation at beginning of year	114	113
Service cost	2	2	2
Interest cost	4	3	3
Actuarial (gains) losses	(9)	0
Benefits paid	(2)	(4)
Expenses paid	0	0
Projected benefit obligation at end of year	109	114	113
Accumulated benefit obligation at end of year	93	100
Change in plan assets:
Fair value of plan assets at beginning of year	0	0
Actual return on plan assets	0	0
Employer contribution	2	4
Benefits paid	(2)	(4)
Expenses paid	0	0
Fair value of plan assets at end of year	0	0	$ 0
Funded status – excess (asset) obligation	109	114
Net (asset) liability recognized on Consolidated Balance Sheets	109	114
Prior service cost	0	0
Accumulated actuarial losses	19	32
Amounts included in Accumulated other comprehensive income (loss)	$ 19	$ 32

Pension Plans and Other Retir_4

Pension Plans and Other Retirement Benefits - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021	Dec. 31, 2019
Pension Plans and Other Retirement Benefits [Line Items]
Net accrued liability recognized in balance sheet		$ 118
Pension plans and other retirement benefits, current liability	$ 4	4
Pension plans and other retirement benefits, long-term liability	105	114
Employer contribution	$ 3	5
Minimum percentage of pension liability	80%
Anticipated employer's contribution to fund current benefit and expense payments under the unfunded plan	$ 4
Excess percentage of projected benefit obligation for amortization of unrecognized gains and losses	10%
Percentage of employees contribution from eligible pay, maximum	50%
Rate of eligible pay for matching employee contributions	5%
Employer discretionary contribution, maximum percent of match	25%
Deferred compensation plan, enrollment deferral rate	2%
Employer pension plan contribution	$ 25		$ 19
Funded Plan
Pension Plans and Other Retirement Benefits [Line Items]
Percentage of pension contribution				5%
Employee Savings Plan
Pension Plans and Other Retirement Benefits [Line Items]
Total cost to employer	77	83	61
Nonqualified Savings Plan
Pension Plans and Other Retirement Benefits [Line Items]
Total cost to employer	6	7	3
Retirement/Deferred Savings Plan
Pension Plans and Other Retirement Benefits [Line Items]
Total cost to employer	$ 29	26	$ 22
Minimum
Pension Plans and Other Retirement Benefits [Line Items]
Range of rates for matching employee contributions	25%
Maximum
Pension Plans and Other Retirement Benefits [Line Items]
Range of rates for matching employee contributions	75%
Return-seeking assets
Pension Plans and Other Retirement Benefits [Line Items]
Plan assets, target allocation, percentage	44%
Liability-hedging assets
Pension Plans and Other Retirement Benefits [Line Items]
Plan assets, target allocation, percentage	56%
Funded Plan
Pension Plans and Other Retirement Benefits [Line Items]
Net accrued liability recognized in balance sheet	$ (132)	4
Employer contribution	$ 0	$ 0

Pension Plans and Other Retir_5

Pension Plans and Other Retirement Benefits - Weighted Average Assumptions for Obligation (Details)	Jan. 28, 2023	Jan. 29, 2022
Funded Plan
Defined Benefit Plan Disclosure [Line Items]
Discount rate	5.40%	3.40%
Rate of compensation increase	4%	4%
Unfunded Plan
Defined Benefit Plan Disclosure [Line Items]
Discount rate	5.60%	3.30%
Rate of compensation increase	4%	4%

Pension Plans and Other Retir_6

Pension Plans and Other Retirement Benefits - Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Net periodic pension cost:
Defined Benefit Plan Net Periodic Benefit Cost Credit Expected Return Loss Statement Of Income Or Comprehensive Income Extensible List Not Disclosed Flag	true
Defined Benefit Plan Net Periodic Benefit Cost Credit Amortization Of Gain Loss Statement Of Income Or Comprehensive Income Extensible List Not Disclosed Flag	true
Funded Plan
Net periodic pension cost:
Service cost	$ 48	$ 49	$ 50
Interest cost	58	52	50
Expected return on plan assets	(89)	(95)	(88)
Amortization of prior service cost	0	0	0
Amortization of net actuarial loss	18	14	23
Total expense	35	20	35
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net (gain) loss	(153)	66	(49)
Amortization of net (loss)	(18)	(14)	(23)
Amortization of prior service cost	0	0	0
Total (gain) loss recognized in other comprehensive income	(171)	52	(72)
Total recognized in net periodic benefit cost and other comprehensive income (loss)	$ (136)	$ 72	$ (37)
Discount rate	3.40%	3.20%	3.30%
Expected rate of return on plan assets	5.25%	5.75%	5.75%
Rate of compensation increase	4%	4%	4%
Unfunded Plan
Net periodic pension cost:
Service cost	$ 2	$ 2	$ 2
Interest cost	4	3	3
Expected return on plan assets	0	0	0
Amortization of prior service cost	0	0	0
Amortization of net actuarial loss	4	4	4
Total expense	10	9	9
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net (gain) loss	(9)	0	8
Amortization of net (loss)	(4)	(4)	(4)
Amortization of prior service cost	0	0	0
Total (gain) loss recognized in other comprehensive income	(13)	(4)	4
Total recognized in net periodic benefit cost and other comprehensive income (loss)	$ (3)	$ 5	$ 13
Discount rate	3.30%	2.80%	3.10%
Rate of compensation increase	4%	4%	4%

Pension Plans and Other Retir_7

Pension Plans and Other Retirement Benefits - Schedule of Benefits Expected to be Paid in Each of Next Five Fiscal Years and Thereafter (Details) $ in Millions	Jan. 28, 2023 USD ($)
Funded Plan
Defined Benefit Plan Disclosure [Line Items]
2024	$ 47
2025	53
2026	59
2027	65
2028	71
2029 through 2033	440
Unfunded Plan
Defined Benefit Plan Disclosure [Line Items]
2024	4
2025	8
2026	50
2027	8
2028	9
2029 through 2033	$ 43

Pension Plans and Other Retir_8

Pension Plans and Other Retirement Benefits - Fair Value for Pension Assets Measured at Fair Value on Recurring Basis (Details) - Funded Plan - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 1,475	$ 1,713	$ 1,686
Total
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,050	1,211
Total | Short-term investments
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	9	8
Total | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	163	178
Total | Corporate and government bond funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	882	1,022
Total | Futures Contracts
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	(4)	3
Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	172	186
Level 1 | Short-term investments
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	9	8
Level 1 | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	163	178
Level 1 | Corporate and government bond funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 1 | Futures Contracts
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	878	1,025
Level 2 | Short-term investments
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 2 | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 2 | Corporate and government bond funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	882	1,022
Level 2 | Futures Contracts
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	(4)	3
Assets measured at net asset value
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 425	$ 502

Pension Plans and Other Retir_9

Pension Plans and Other Retirement Benefits - Summary of Target Allocation Guidelines for Plan Assets Along with Actual Allocation of Plan Assets as of Valuation Date (Details)	Jan. 28, 2023	Jan. 29, 2022
Return-seeking assets
Pension Plans and Other Retirement Benefits [Line Items]
Actual allocation	46%	45%
Liability-hedging assets
Pension Plans and Other Retirement Benefits [Line Items]
Actual allocation	54%	55%
All other – primarily cash
Pension Plans and Other Retirement Benefits [Line Items]
Actual allocation	0%	0%

Long-Term Debt and Credit Lin_3

Long-Term Debt and Credit Lines- Long-Term Debt, Exclusive of Current Installments (Details) - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Debt Instrument [Line Items]
Unamortized debt discount	$ 6
Long-term debt, gross	3,375	$ 3,374
Current maturities of long-term debt, net of debt issuance costs	(500)	0
Debt issuance costs	(16)	(19)
Long-term debt	$ 2,859	3,355
2.500% Senior Unsecured Notes Due May 15, 2023 | Senior Notes
Debt Instrument [Line Items]
Debt instrument, interest rate	2.50%
Effective interest rate	2.51%
Long-term debt, gross	$ 500	500
2.250% Senior Unsecured Notes Due September 15, 2026 | Senior Notes
Debt Instrument [Line Items]
Debt instrument, interest rate	2.25%
Effective interest rate	2.32%
Long-term debt, gross	$ 997	997
1.150% Senior Unsecured Notes Due May 15, 2028 | Senior Notes
Debt Instrument [Line Items]
Debt instrument, interest rate	1.15%
Effective interest rate	1.18%
Long-term debt, gross	$ 499	499
3.875% Senior Unsecured Notes Due April 15, 2030 | Senior Notes
Debt Instrument [Line Items]
Debt instrument, interest rate	3.875%
Effective interest rate	3.89%
Long-term debt, gross	$ 496	495
1.600% Senior Unsecured Notes Due May 15, 2031 | Senior Notes
Debt Instrument [Line Items]
Debt instrument, interest rate	1.60%
Effective interest rate	1.61%
Long-term debt, gross	$ 500	500
4.500% Senior Unsecured Notes Due April 15, 2050 | Senior Notes
Debt Instrument [Line Items]
Debt instrument, interest rate	4.50%
Effective interest rate	4.52%
Long-term debt, gross	$ 383	$ 383

Long-Term Debt and Credit Lin_4

Long-Term Debt and Credit Lines - Aggregate Maturities of Long-Term Debt, Inclusive of Current Installments (Details) - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Debt Disclosure [Abstract]
2024	$ 500
2025	0
2026	0
2027	1,000
2028	0
Later years	1,881
Unamortized debt discount	(6)
Debt issuance costs	(16)	$ (19)
Aggregate maturities of long-term debt	$ 2,859	$ 3,355

Long-Term Debt and Credit Lin_5

Long-Term Debt and Credit Lines - Additional Information (Details)	12 Months Ended
	Jan. 28, 2023 GBP (£) facility	Jan. 28, 2023 USD ($) facility	Jan. 28, 2023 CAD ($) facility	Jan. 29, 2022 GBP (£) facility	Jan. 29, 2022 USD ($) facility	Jan. 29, 2022 CAD ($) facility	Jun. 25, 2021 USD ($)
Debt Instrument [Line Items]
Covenant, maximum leverage ratio	3.50	3.50	3.50
TJX Canada
Debt Instrument [Line Items]
Credit facilities, amount outstanding			$ 0			$ 0
Revolving credit facilities, number | facility	2	2	2	2	2	2
Current borrowing capacity			$ 10,000,000			$ 10,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit, maximum borrowing capacity		$ 1,500,000,000
Letter of Credit | TJX Canada
Debt Instrument [Line Items]
Current borrowing capacity			$ 10,000,000			$ 10,000,000
TJX Europe Credit Line | TJX International
Debt Instrument [Line Items]
Credit facilities, amount outstanding | £	£ 0			£ 0
Current borrowing capacity | £	£ 5,000,000			£ 5,000,000
2.250% Senior Unsecured Notes Due September 15, 2026
Debt Instrument [Line Items]
Aggregate principal amount		$ 1,000,000,000
Debt instrument maturity period, years	10 years
Effective fixed rate	2.36%	2.36%	2.36%
2.250% Senior Unsecured Notes Due September 15, 2026 | Interest Rate Contract
Debt Instrument [Line Items]
Derivative notional amount		$ 700,000,000
2.250% Senior Unsecured Notes Due September 15, 2026 | Senior Notes
Debt Instrument [Line Items]
Debt instrument, interest rate	2.25%	2.25%	2.25%
2.500% Senior Unsecured Notes Due May 15, 2023
Debt Instrument [Line Items]
Aggregate principal amount		$ 500,000,000
Debt instrument maturity period, years	10 years
Effective fixed rate	2.57%	2.57%	2.57%
2.500% Senior Unsecured Notes Due May 15, 2023 | Interest Rate Contract
Debt Instrument [Line Items]
Derivative notional amount		$ 250,000,000
2.500% Senior Unsecured Notes Due May 15, 2023 | Senior Notes
Debt Instrument [Line Items]
Debt instrument, interest rate	2.50%	2.50%	2.50%
Revolving Credit Facility Due March 11, 2022 | Revolving Credit Facility
Debt Instrument [Line Items]
Credit facilities, amount outstanding		$ 0			$ 0
Revolving Credit Facility Due June 25, 2026 | Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit, maximum borrowing capacity							$ 1,000,000,000
Revolving Credit Facility Due May 10, 2024 | Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit, maximum borrowing capacity		$ 500,000,000

Income Taxes - Components of In

Income Taxes - Components of Income Before Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Income Tax Disclosure [Abstract]
United States	$ 4,029	$ 3,934	$ 642
Foreign	607	464	(553)
Income before income taxes	$ 4,636	$ 4,398	$ 89

Income Taxes - Provision for In

Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Current:
Federal	$ 656	$ 766	$ 190
State	233	271	36
Foreign	185	122	5
Deferred:
Federal	52	(32)	(98)
State	0	(26)	(25)
Foreign	12	14	(109)
Provision (benefit) for income taxes	$ 1,138	$ 1,115	$ (1)

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets (Liabilities) (Details) - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Deferred tax assets:
Net operating loss carryforward	$ 156	$ 159
Pension, stock compensation, postretirement and employee benefits	326	368
Operating lease liabilities	2,500	2,379
Accruals and reserves	245	237
Other	14	13
Total gross deferred tax assets	3,241	3,156
Valuation allowance	(86)	(85)
Total deferred tax asset	3,155	3,071
Deferred tax liabilities:
Property, plant and equipment	628	553
Capitalized inventory	61	48
Operating lease right of use assets	2,404	2,289
Tradename/intangibles	21	19
Undistributed foreign earnings	5	9
Other	5	12
Total deferred tax liabilities	3,124	2,930
Net deferred tax asset	31	141
Non-current asset	158	185
Non-current liability	$ (127)	$ (44)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Oct. 29, 2022	Jan. 28, 2023	Jan. 30, 2021	Jan. 29, 2022
Tax Credit Carryforward [Line Items]
Undistributed earnings of foreign subsidiaries		$ 1,200
Valuation allowances		86		$ 85
Tax benefit	$ 54
Net unrecognized tax benefits		265	$ 272	288
Unrecognized tax benefits that would impact effective tax rates		251	250	260
Interest and penalties expensed		7	8
Accrued amounts for interest and penalties		37	$ 36	43
Possible decrease in unrecognized tax benefits that would reduce the provision for taxes on earnings		52
State and Local Jurisdiction
Tax Credit Carryforward [Line Items]
Foreign net operating loss carryforwards		328		291
Valuation allowances		16		14
Foreign Tax Authority
Tax Credit Carryforward [Line Items]
Foreign net operating loss carryforwards		508		534
Valuation allowances		$ 71		$ 71

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of U.S. Federal Statutory Income Tax Rate and Worldwide Effective Income Tax Rate (Details)	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Income Tax Disclosure [Abstract]
U.S. federal statutory income tax rate	21%	21%	21%
Effective state income tax rate	4.30%	4.60%	28.10%
Impact of foreign operations	1.10%	0.90%	21.40%
Excess share-based compensation	(1.00%)	(1.20%)	(59.40%)
Tax credits	(0.30%)	(0.30%)	(8.90%)
Nondeductible/nontaxable items	(0.10%)	0.20%	(3.30%)
All other	(0.50%)	0.20%	(0.30%)
Worldwide effective income tax rate	24.50%	25.40%	(1.40%)

Income Taxes - Reconciliation_2

Income Taxes - Reconciliation of Beginning and Ending Gross Amount of Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance, beginning of year	$ 280	$ 269	$ 259
Additions for uncertain tax positions taken in current year	8	10	12
Additions for uncertain tax positions taken in prior years	7	3	1
Reductions for uncertain tax positions taken in prior years	(2)	0	0
Reductions resulting from lapse of statute of limitations	(18)	(2)	(3)
Settlements with tax authorities	(9)	0	0
Balance, end of year	$ 266	$ 280	$ 269

Leases - Additional Information

Leases - Additional Information (Details)	Jan. 28, 2023 store
TJX U.S and Canada
Lessee, Lease, Description [Line Items]
Operating leases, term	10 years
Number of extension periods	1
Options to extend, term	5 years
Minimum | TJX Europe
Lessee, Lease, Description [Line Items]
Operating leases, term	10 years
Minimum | TJX Australia
Lessee, Lease, Description [Line Items]
Operating leases, term	7 years
Maximum | TJX Europe
Lessee, Lease, Description [Line Items]
Operating leases, term	15 years
Maximum | TJX Australia
Lessee, Lease, Description [Line Items]
Operating leases, term	10 years

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet Information (Details)	Jan. 28, 2023	Jan. 29, 2022
Leases [Abstract]
Weighted-average remaining lease term	6 years 6 months	6 years 7 months 6 days
Weighted-average discount rate	2.70%	2.40%

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Leases [Abstract]
Operating lease cost	$ 1,927	$ 1,906	$ 1,820
Variable and short term lease cost	1,359	1,386	1,163
Total lease cost	$ 3,286	$ 3,292	$ 2,983

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Leases [Abstract]
Operating cash flows paid for operating leases	$ 1,949	$ 2,080	$ 1,663
Lease liabilities arising from obtaining right of use assets	$ 2,095	$ 1,658	$ 1,380

Leases - Operating Lease Liabil

Leases - Operating Lease Liability Maturity Schedule (Details) $ in Millions	Jan. 28, 2023 USD ($)
Leases [Abstract]
2024	$ 1,977
2025	1,825
2026	1,628
2027	1,402
2028	1,111
Later years	2,323
Total lease payments	10,266
Less: imputed interest	881
Total lease liabilities	$ 9,385

Accrued Expenses and Other Li_3

Accrued Expenses and Other Liabilities, Current and Long Term - Schedule of Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Payables and Accruals [Abstract]
Employee compensation and benefits, current	$ 968	$ 1,117
Merchandise credits and gift certificates	721	685
Sales tax collections and V.A.T. taxes	384	268
Occupancy costs, including rent, utilities and real estate taxes	378	399
Dividends payable	346	312
Accrued capital additions	199	186
All other current liabilities	1,350	1,278
Total accrued expenses and other current liabilities	$ 4,346	$ 4,245

Accrued Expenses and Other Li_4

Accrued Expenses and Other Liabilities, Current and Long Term - Additional Information (Details)	12 Months Ended
	Jan. 28, 2023
Payables and Accruals [Abstract]
Percentage of other current liability individual item which makes up current liabilities	5%

Accrued Expenses and Other Li_5

Accrued Expenses and Other Liabilities, Current and Long Term - Schedule of Other Long-Term Liabilities (Details) - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Payables and Accruals [Abstract]
Employee compensation and benefits, long-term	$ 597	$ 647
Tax reserve, long-term	235	277
Asset retirement obligation	66	66
All other long-term liabilities	21	25
Total other long-term liabilities	$ 919	$ 1,015

Contingent Obligations, Conti_2

Contingent Obligations, Contingencies and Commitments (Details) - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Commitments and Contingencies Disclosure [Abstract]
Outstanding letters of credit issued for the purchase of inventory	$ 42	$ 53

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Supplemental Cash Flow Elements [Abstract]
Cash paid for: interest on debt	$ 86	$ 139	$ 153
Cash paid for: income taxes	1,225	1,119	146
Non-cash investing and financing activity: dividends payable	34	(3)	34
Non-cash investing and financing activity: property additions	$ 13	$ 97	$ (36)