The TJX Companies, Inc. (TJX) 10-Q 26 Aug 16 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Jul. 30, 2016shares
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jul. 30, 2016
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	TJX
Entity Registrant Name	TJX COMPANIES INC /DE/
Entity Central Index Key	109,198
Current Fiscal Year End Date	--01-28
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	656,644,919

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Net sales	$ 7,882,053	$ 7,363,731	$ 15,424,409	$ 14,229,368
Cost of sales, including buying and occupancy costs	5,562,961	5,219,191	10,935,104	10,139,432
Selling, general and administrative expenses	1,393,248	1,247,538	2,728,298	2,416,195
Interest expense, net	11,262	10,808	21,456	22,432
Income before provision for income taxes	914,582	886,194	1,739,551	1,651,309
Provision for income taxes	352,408	336,859	669,031	627,373
Net income	$ 562,174	$ 549,335	$ 1,070,520	$ 1,023,936
Basic earnings per share:
Net income	$ 0.85	$ 0.81	$ 1.62	$ 1.51
Weighted average common shares - basic	658,117	676,082	659,825	678,735
Diluted earnings per share:
Net income	$ 0.84	$ 0.80	$ 1.60	$ 1.49
Weighted average common shares - diluted	666,606	685,322	668,754	688,579
Cash dividends declared per share	$ 0.26	$ 0.21	$ 0.52	$ 0.42

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Net income	$ 562,174	$ 549,335	$ 1,070,520	$ 1,023,936
Additions to other comprehensive income:
Foreign currency translation adjustments, net of related tax provision (benefits)	(128,308)	(35,289)	1,286	6,164
Reclassifications from other comprehensive income to net income:
Amortization of prior service cost and deferred gains/losses, net of related tax provisions	4,870	5,565	6,163	10,932
Amortization of loss on cash flow hedge, net of related tax provisions (benefits)	171	171	342	342
Other comprehensive income (loss), net of tax	(123,267)	(29,553)	7,791	17,438
Total comprehensive income	$ 438,907	$ 519,782	$ 1,078,311	$ 1,041,374

Consolidated Statements of Com4

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Foreign currency translation adjustments, related tax provision (benefits)	$ (19,883)	$ (32,188)	$ 31,364	$ (13,033)
Amortization of prior service cost and deferred gains/losses, related tax provisions	3,204	3,660	4,054	7,191
Amortization of loss on cash flow hedge, tax provisions (benefits)	$ 112	$ 113	$ 225	$ 225

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 30, 2016	Jan. 30, 2016	Aug. 01, 2015
Current assets:
Cash and cash equivalents	$ 1,803,648	$ 2,095,473	$ 1,910,770
Short-term investments	421,153	352,313	327,506
Accounts receivable, net	288,777	238,072	260,952
Merchandise inventories	3,870,605	3,695,113	3,749,636
Prepaid expenses and other current assets	412,528	380,530	405,032
Federal, state, and foreign income taxes recoverable	13,963	11,059	14,743
Total current assets	6,810,674	6,772,560	6,668,639
Property at cost:
Land and buildings	1,077,567	1,013,247	905,386
Leasehold costs and improvements	2,936,106	2,943,191	2,886,571
Furniture, fixtures and equipment	5,382,649	5,112,229	4,936,611
Total property at cost	9,396,322	9,068,667	8,728,568
Less accumulated depreciation and amortization	5,132,942	4,931,092	4,732,590
Net property at cost	4,263,380	4,137,575	3,995,978
Non-current deferred income taxes, net	6,861	13,831	19,055
Other assets	244,890	222,669	208,335
Goodwill and tradename, net of amortization	344,848	343,796	308,539
TOTAL ASSETS	11,670,653	11,490,431	11,200,546
Current liabilities:
Accounts payable	2,258,251	2,203,050	2,258,997
Accrued expenses and other current liabilities	1,985,249	2,069,659	1,834,153
Federal, state and foreign income taxes payable	70,705	129,521	67,711
Total current liabilities	4,314,205	4,402,230	4,160,861
Other long-term liabilities	928,962	881,021	888,281
Non-current deferred income taxes, net	360,178	285,102	261,282
Long-term debt	1,615,952	1,615,003	1,614,055
Commitments and contingencies
SHAREHOLDERS' EQUITY
Preferred stock, authorized 5,000,000 shares, par value $1, no shares issued
Common stock, authorized 1,200,000,000 shares, par value $1, issued and outstanding 656,644,919; 663,495,715 and 674,370,829, respectively	656,645	663,496	674,370
Additional paid-in capital	0	0	0
Accumulated other comprehensive income (loss)	(659,681)	(667,472)	(536,947)
Retained earnings	4,454,392	4,311,051	4,138,644
Total shareholders' equity	4,451,356	4,307,075	4,276,067
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 11,670,653	$ 11,490,431	$ 11,200,546

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jul. 30, 2016	Jan. 30, 2016	Aug. 01, 2015
Preferred stock, shares authorized	5,000,000	5,000,000	5,000,000
Preferred stock, par value	$ 1	$ 1	$ 1
Preferred stock, shares issued	0	0	0
Common stock, shares authorized	1,200,000,000	1,200,000,000	1,200,000,000
Common stock, par value	$ 1	$ 1	$ 1
Common stock, shares issued	656,644,919	663,495,715	674,370,829
Common stock, shares outstanding	656,644,919	663,495,715	674,370,829

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015
Cash flows from operating activities:
Net income	$ 1,070,520	$ 1,023,936
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	324,767	298,458
Loss on property disposals and impairment charges	1,239	1,366
Deferred income tax provision (benefit)	47,057	(14,902)
Share-based compensation	49,886	43,767
Excess tax benefits from share-based compensation	(49,836)	(33,977)
Changes in assets and liabilities:
(Increase) in accounts receivable	(51,194)	(46,922)
(Increase) in merchandise inventories	(190,884)	(525,327)
(Increase) in taxes recoverable	(2,904)	(2,268)
(Increase) in prepaid expenses and other current assets	(38,398)	(59,869)
Increase in accounts payable	62,180	249,627
(Decrease) increase in accrued expenses and other liabilities	(27,150)	8,297
(Decrease) in income taxes payable	(10,431)	(23,761)
Other	(26,233)	10,155
Net cash provided by operating activities	1,158,619	928,580
Cash flows from investing activities:
Property additions	(508,435)	(404,875)
Purchase of investments	(380,295)	(225,687)
Sales and maturities of investments	323,478	159,729
Acquisition of Trade Secret	(2,324)
Net cash (used in) investing activities	(567,576)	(470,833)
Cash flows from financing activities:
Cash payments for repurchase of common stock	(756,162)	(851,081)
Proceeds from issuance of common stock	89,976	47,992
Excess tax benefits from share-based compensation	49,836	33,977
Cash dividends paid	(311,508)	(262,882)
Net cash (used in) financing activities	(927,858)	(1,031,994)
Effect of exchange rate changes on cash	44,990	(8,758)
Net (decrease) in cash and cash equivalents	(291,825)	(583,005)
Cash and cash equivalents at beginning of year	2,095,473	2,493,775
Cash and cash equivalents at end of period	$ 1,803,648	$ 1,910,770

Consolidated Statement of Share

Consolidated Statement of Shareholders' Equity - 6 months ended Jul. 30, 2016 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings
Beginning Balance (in shares) at Jan. 30, 2016	663,495,715	663,496,000
Beginning Balance at Jan. 30, 2016	$ 4,307,075	$ 663,496		$ (667,472)	$ 4,311,051
Net income	1,070,520				1,070,520
Other comprehensive income (loss), net of tax	7,791			7,791
Cash dividends declared on common stock	(342,601)				(342,601)
Recognition of share-based compensation	49,886		$ 49,886
Issuance of common stock under Stock Incentive Plan and related tax effect (in shares)		3,079,000
Issuance of common stock under Stock Incentive Plan and related tax effect	114,847	$ 3,079	111,768
Common stock repurchased and retired (in shares)		(9,930,000)
Common stock repurchased and retired	$ (756,162)	$ (9,930)	$ (161,654)		(584,578)
Ending Balance (in shares) at Jul. 30, 2016	656,644,919	656,645,000
Ending balance at Jul. 30, 2016	$ 4,451,356	$ 656,645		$ (659,681)	$ 4,454,392

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jul. 30, 2016
Summary of Significant Accounting Policies	Note A. Summary of Significant Accounting Policies Basis of Presentation: These interim results are not necessarily indicative of results for the full fiscal year, because TJX’s business, in common with the businesses of retailers generally, is subject to seasonal influences, with higher levels of sales and income generally realized in the second half of the year. The January 30, 2016 balance sheet data was derived from audited financial statements, but does not include all disclosures required by GAAP. Fiscal Year: Share-Based Compensation: Cash and Cash Equivalents Investments: Merchandise Inventories Leases: New Accounting Standards: In May 2014, a pronouncement was issued that creates common revenue recognition guidance for U.S. GAAP. The new guidance supersedes most preexisting revenue recognition guidance. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The new standard was originally scheduled to be effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. In April 2015, the Financial Accounting Standards Board proposed an update to this rule which deferred its effective date for one year. The proposed update stipulates the new standard would be effective for annual reporting periods beginning after December 15, 2017, and interim periods therein, with an option to adopt the standard on the originally scheduled effective date. The standard shall be applied either retrospectively to each period presented or as a cumulative-effect adjustment as of the date of adoption. For TJX, the standard will be effective in the first quarter of the fiscal year ending January 26, 2019. TJX is currently evaluating the impact of the new pronouncement on its consolidated financial statements. In February 2016, a pronouncement was issued that aims to increase transparency and comparability among organizations by requiring lessees to recognize lease assets and lease liabilities on the balance sheet and requiring disclosure of key information about leasing arrangements. ASU 2016-02 is effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods; early adoption is permitted and modified retrospective application is required. TJX is in the process of evaluating this guidance to determine the impact it will have on our financial statements. In April 2015, a pronouncement was issued that requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The guidance was effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. For TJX, the standard was effective in the first quarter of fiscal 2017. As a result, we have recast the January 30, 2016 consolidated balance sheet to conform to the current period presentation. The adoption of this standard reduced previously-presented other assets by $9.1 million and reduced long-term debt by $9.1 million as of January 30, 2016. In addition, we have also recast the August 1, 2015 consolidated balance sheet to conform to the current period presentation. The adoption of this standard reduced previously-presented other assets by $9.9 million and reduced long-term debt by $9.9 million as of August 1, 2015. In November 2015, a pronouncement was issued that requires entities to present deferred tax assets (DTAs) and deferred tax liabilities (DTLs) as noncurrent in a classified balance sheet. It simplified then existing guidance, which required entities to separately present DTAs and DTLs as current or noncurrent in a classified balance sheet. TJX adopted this guidance as of January 30, 2016, and applied it retrospectively. The impact on the August 1, 2015 consolidated balance sheet was to reduce previously-presented current DTAs by $128.2 million, decreased long-term DTAs by $2.4 million and reduced long-term DTLs by $130.6 million as of August 1, 2015.

Acquisition of Trade Secret

Acquisition of Trade Secret	6 Months Ended
	Jul. 30, 2016
Acquisition of Trade Secret	Note B. Acquisition of Trade Secret On October 24, 2015, TJX purchased Trade Secret, an off-price retailer that operates 35 stores in Australia, for AUD$83.3 million (US$59.4 million). The following table presents the allocation of the purchase price (after preliminary adjustment for customary post-closing adjustments) to the assets and liabilities acquired based on their estimated fair values as of October 24, 2015 (in thousands): Current assets $ 25,899 Property and equipment 10,184 Goodwill and intangible assets 37,416 Less liabilities assumed (14,071 ) Net assets acquired $ 59,428 As is customary, the amounts above may be further adjusted up to one year after the date of acquisition. Goodwill and intangible assets include goodwill of $25 million and identified intangible assets of $12 million for the value of the tradename “Trade Secret” which is being amortized over 10 years. The operating results of Trade Secret have been included in TJX’s consolidated financial statements from the date of acquisition and Trade Secret is now part of the TJX International segment along with our European operations. Pro forma results of operation assuming the acquisition of Trade Secret occurred as of the beginning of fiscal 2015 have not been presented as the inclusion of the results of operations for the acquired business would not have produced a material impact on TJX’s sales, net income or earnings per share as reported.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jul. 30, 2016
Accumulated Other Comprehensive Income (Loss)	Note C. Accumulated Other Comprehensive Income (Loss) Amounts included in accumulated other comprehensive income (loss) are recorded net of the related income tax effects. The following table details the changes in accumulated other comprehensive income (loss) for the related periods: In thousands Foreign Deferred Cash Flow Accumulated Balance, January 30, 2016 $ (439,192 ) $ (224,654 ) $ (3,626 ) $ (667,472 ) Additions to other comprehensive income: Foreign currency translation adjustments (net of taxes of $31,364) 1,286 — — 1,286 Reclassifications from other comprehensive income to net income: Amortization of prior service cost and deferred gains/losses (net of taxes of $4,054) — 6,163 — 6,163 Amortization of loss on cash flow hedge (net of taxes of $225) — — 342 342 Balance, July 30, 2016 $ (437,906 ) $ (218,491 ) $ (3,284 ) $ (659,681 )

Capital Stock and Earnings per

Capital Stock and Earnings per Share	6 Months Ended
	Jul. 30, 2016
Capital Stock and Earnings per Share	Note D. Capital Stock and Earnings per Share Capital Stock: In February 2015, TJX announced that its Board of Directors had approved a stock repurchase program that authorized the repurchase of up to an additional $2.0 billion of TJX common stock from time to time. Under this program, on a “trade date” basis through July 30, 2016, TJX repurchased 17.5 million shares of common stock at a cost of $1.3 billion. At July 30, 2016, $715.8 million remained available for purchase under this program. In February 2016, TJX announced that its Board of Directors had approved another stock repurchase program that authorized the repurchase of up to an additional $2.0 billion of TJX common stock from time to time, all of which remained available at July 30, 2016. 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: Thirteen Weeks Ended July 30, August 1, In thousands, except per share data 2016 2015 Basic earnings per share Net income $ 562,174 $ 549,335 Weighted average common shares outstanding for basic EPS 658,117 676,082 Basic earnings per share $ 0.85 $ 0.81 Diluted earnings per share Net income $ 562,174 $ 549,335 Shares for basic and diluted earnings per share calculations: Weighted average common shares outstanding for basic EPS 658,117 676,082 Assumed exercise/vesting of: Stock options and awards 8,489 9,240 Weighted average common shares outstanding for diluted EPS 666,606 685,322 Diluted earnings per share $ 0.84 $ 0.80 Twenty-Six Weeks Ended July 30, August 1, In thousands, except per share data 2016 2015 Basic earnings per share Net income $ 1,070,520 $ 1,023,936 Weighted average common shares outstanding for basic EPS 659,825 678,735 Basic earnings per share $ 1.62 $ 1.51 Diluted earnings per share Net income $ 1,070,520 $ 1,023,936 Shares for basic and diluted earnings per share calculations: Weighted average common shares outstanding for basic EPS 659,825 678,735 Assumed exercise/vesting of: Stock options and awards 8,929 9,844 Weighted average common shares outstanding for diluted EPS 668,754 688,579 Diluted earnings per share $ 1.60 $ 1.49 The weighted average common shares for the diluted earnings per share calculation exclude the impact of outstanding stock options if the assumed proceeds per share of the option is in excess of the related fiscal period’s average price of TJX’s common stock. Such options are excluded because they would have an antidilutive effect. There were 4.0 million such options excluded for the thirteen weeks and twenty-six weeks ended July 30, 2016. There were no such options excluded for either the thirteen weeks or the twenty-six weeks ended August 1, 2015.

Financial Instruments

Financial Instruments	6 Months Ended
	Jul. 30, 2016
Financial Instruments	Note E. 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. When and to the extent deemed appropriate, TJX seeks to minimize risk from changes in interest and foreign currency exchange rates and fuel costs through the use of derivative financial instruments. 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 statements of financial position 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 other comprehensive income or are recognized currently in earnings, along with an offsetting adjustment against the basis of the item being hedged. TJX does not hedge its net investments in foreign subsidiaries. Diesel Fuel Contracts: Foreign Currency Contracts: When and to the extent deemed appropriate, TJX also enters into derivative contracts, generally designated as fair value hedges, to hedge intercompany debt and intercompany interest payable. The changes in fair value of these contracts are recorded in selling, general and administrative expenses and are offset by marking the underlying item to fair value in the same period. Upon settlement, the realized gains and losses on these contracts are offset by the realized gains and losses of the underlying item in selling, general and administrative expenses. The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at July 30, 2016: In thousands Pay Receive Blended Balance Sheet Current Asset Current Net Fair Fair value hedges: Intercompany balances, primarily debt and related interest zł 57,073 C$ 19,606 0.3435 Prepaid Exp $ 448 $ — $ 448 zł 45,000 £ 7,403 0.1645 (Accrued Exp) — (1,696 ) (1,696 ) € 61,000 £ 47,211 0.7740 (Accrued Exp) — (6,079 ) (6,079 ) U.S.$ 77,957 £ 55,000 0.7055 (Accrued Exp) — (4,969 ) (4,969 ) Economic hedges for which hedge accounting was not elected: Diesel contracts Fixed on 1.8M Float on 1.8M – 2.2M gal per N/A (Accrued Exp) — (4,832 ) (4,832 ) Intercompany billings in Europe, primarily merchandise related € 75,000 £ 64,031 0.8537 Prepaid Exp 816 — 816 Merchandise purchase commitments C$ 518,629 U.S.$ 396,300 0.7641 Prepaid Exp / 2,192 (4,070 ) (1,878 ) C$ 25,108 € 17,250 0.6870 Prepaid Exp / 57 (42 ) 15 £ 223,671 U.S.$ 317,750 1.4206 Prepaid Exp / 21,716 (252 ) 21,464 U.S.$ 1,556 £ 1,079 0.6934 (Accrued Exp) — (127 ) (127 ) zł 278,776 £ 50,509 0.1812 (Accrued Exp) — (4,474 ) (4,474 ) U.S.$ 55,093 € 48,792 0.8856 Prepaid Exp / 154 (577 ) (423 ) Total fair value of financial instruments $ 25,383 $ (27,118 ) $ (1,735 ) The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at August 1, 2015: In thousands Pay Receive Blended Balance Sheet Current Asset Current Net Fair Fair value hedges: Intercompany balances, primarily debt and related interest zł 87,073 C$ 29,560 0.3395 (Accrued Exp) $ — $ (440 ) $ (440 ) zł 25,000 £ 4,547 0.1819 Prepaid Exp 496 — 496 € 39,000 £ 28,873 0.7403 Prepaid Exp 2,075 — 2,075 € 19,850 U.S.$ 22,647 1.1409 Prepaid Exp 777 — 777 U.S.$ 83,400 £ 55,000 0.6595 Prepaid Exp 2,423 — 2,423 Economic hedges for which hedge accounting was not elected: Diesel contracts Fixed on 1.2M Float on 1.2M month N/A (Accrued Exp) — (12,414 ) (12,414 ) Merchandise purchase commitments C$ 454,974 U.S.$ 364,410 0.8009 Prepaid Exp 16,976 — 16,976 C$ 18,935 € 13,700 0.7235 Prepaid Exp 592 — 592 £ 192,482 U.S.$ 297,000 1.5430 Prepaid Exp / 493 (4,087 ) (3,594 ) U.S.$ 929 £ 605 0.6512 Prepaid Exp 16 — 16 zł 230,328 £ 40,405 0.1754 Prepaid Exp 2,170 — 2,170 U.S.$ 30,473 € 27,486 0.9020 Prepaid Exp / 185 (448 ) (263 ) Total fair value of financial instruments $ 26,203 $ (17,389 ) $ 8,814 Presented below is the impact of derivative financial instruments on the statements of income for the periods shown: Location of Gain (Loss) Amount of Gain (Loss) Recognized Recognized in Income by Thirteen Weeks Ended In thousands Derivative July 30, 2016 August 1, 2015 Fair value hedges: Intercompany balances, primarily debt and related interest Selling, general and $ (14,163 ) $ 5,664 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Cost of sales, including buying (3,516 ) (11,491 ) Intercompany billings in Europe, primarily merchandise related Cost of sales, including buying (6,968 ) — Merchandise purchase commitments Cost of sales, including buying 37,709 21,195 Gain / (loss) recognized in income $ 13,062 $ 15,368 Location of Gain (Loss) Amount of Gain (Loss) Recognized Recognized in Income by Twenty-Six Weeks Ended In thousands Derivative July 30, 2016 August 1, 2015 Fair value hedges: Intercompany balances, primarily debt and related interest Selling, general and $ (13,286 ) $ 7,708 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Cost of sales, including buying (1,229 ) (9,291 ) Intercompany billings in Europe, primarily merchandise related Cost of sales, including buying (9,076 ) — Merchandise purchase commitments Cost of sales, including buying (7,279 ) 7,543 Gain / (loss) recognized in income $ (30,870 ) $ 5,960

Disclosures about Fair Value of

Disclosures about Fair Value of Financial Instruments	6 Months Ended
	Jul. 30, 2016
Disclosures about Fair Value of Financial Instruments	Note F. Disclosures about Fair Value of Financial Instruments Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date or “exit price.” The inputs used to measure fair value are generally classified into the following hierarchy: Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities Level 2: Unadjusted quoted prices in active markets for similar assets or liabilities, or unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or inputs other than quoted prices that are observable for the asset or liability Level 3: Unobservable inputs for the asset or liability The following table sets forth TJX’s financial assets and liabilities that are accounted for at fair value on a recurring basis: In thousands July 30, January 30, August 1, Level 1 Assets: Executive Savings Plan investments $ 184,770 $ 155,847 $ 167,669 Level 2 Assets: Short-term investments $ 421,153 $ 352,313 $ 327,506 Foreign currency exchange contracts 25,383 28,643 26,203 Liabilities: Foreign currency exchange contracts $ 22,286 $ 3,455 $ 4,975 Diesel fuel contracts 4,832 13,952 12,414 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. Short-term investments, foreign currency exchange contracts and diesel fuel contracts are valued using broker quotations which include observable market information. TJX’s investments are primarily high-grade commercial paper, institutional money market funds and time deposits with major banks. TJX does not make adjustments to quotes or prices obtained from brokers or pricing services but does assess the credit risk of counterparties and will adjust final valuations when appropriate. Where independent pricing services provide fair values, TJX obtains an understanding of the methods used in pricing. As such, these instruments are classified within Level 2. The fair value of TJX’s general corporate debt was estimated by obtaining market quotes given the trading levels of other bonds of the same general issuer type and market perceived credit quality. These inputs are considered to be Level 2. The fair value of long-term debt as of July 30, 2016 was $1.7 billion compared to a carrying value of $1.6 billion. The fair value of long-term debt as of January 30, 2016 was $1.7 billion compared to a carrying value of $1.6 billion. The fair value of long-term debt as of August 1, 2015 was $1.7 billion compared to a carrying value of $1.6 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. TJX’s cash equivalents are stated at cost, which approximates fair value due to the short maturities of these instruments.

Segment Information

Segment Information	6 Months Ended
	Jul. 30, 2016
Segment Information	Note G. Segment Information TJX operates four main business segments. The Marmaxx segment (T.J. Maxx, Marshalls and tjmaxx.com) and the HomeGoods segment 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 Trade Secret in Australia. TJX also operates Sierra Trading Post (STP), an off-price Internet retailer that operates sierratradingpost.com and a small number of stores in the U.S. The results of STP are included in the Marmaxx segment. The former TJX Europe segment was renamed TJX International in the fourth quarter of fiscal 2016 to reflect the acquisition of Trade Secret in Australia. All of TJX’s stores, with the exception of HomeGoods and HomeSense, sell family apparel and home fashions. HomeGoods and HomeSense offer home fashions. TJX evaluates the performance of its segments based on “segment profit or loss,” which it defines as pre-tax income or loss before general corporate expense and interest expense, net. “Segment profit or loss,” as defined by TJX, may not be comparable to similarly titled measures used by other entities. The terms “segment margin” or “segment profit margin” are used to describe segment profit or loss as a percentage of net sales. These measures of performance should not be considered alternatives to net income or cash flows from operating activities as an indicator of TJX’s performance or as a measure of liquidity. Presented below is financial information with respect to TJX’s business segments: Thirteen Weeks Ended July 30, August 1, In thousands 2016 2015 Net sales: In the United States: Marmaxx $ 5,098,998 $ 4,805,883 HomeGoods 986,663 895,378 TJX Canada 756,781 699,347 TJX International 1,039,611 963,123 $ 7,882,053 $ 7,363,731 Segment profit: In the United States: Marmaxx $ 742,289 $ 715,546 HomeGoods 128,047 112,135 TJX Canada 121,979 119,681 TJX International 42,879 50,874 1,035,194 998,236 General corporate expense 109,350 101,234 Interest expense, net 11,262 10,808 Income before provision for income taxes $ 914,582 $ 886,194 Twenty-Six Weeks Ended July 30, August 1, In thousands 2016 2015 Net sales: In the United States: Marmaxx $ 9,964,373 $ 9,301,293 HomeGoods 1,997,099 1,775,571 TJX Canada 1,442,358 1,319,559 TJX International 2,020,579 1,832,945 $ 15,424,409 $ 14,229,368 Segment profit: In the United States: Marmaxx $ 1,451,146 $ 1,367,849 HomeGoods 266,257 233,434 TJX Canada 179,451 164,853 TJX International 57,226 77,229 1,954,080 1,843,365 General corporate expense 193,073 169,624 Interest expense, net 21,456 22,432 Income before provision for income taxes $ 1,739,551 $ 1,651,309

Pension Plans and Other Retirem

Pension Plans and Other Retirement Benefits	6 Months Ended
	Jul. 30, 2016
Pension Plans and Other Retirement Benefits	Note H. Pension Plans and Other Retirement Benefits Presented below is financial information relating to TJX’s funded defined benefit pension plan (qualified pension plan or funded plan) and its unfunded supplemental pension plan (unfunded plan) for the periods shown: Funded Plan Unfunded Plan Thirteen Weeks Ended Thirteen Weeks Ended July 30, August 1, July 30, August 1, In thousands 2016 2015 2016 2015 Service cost $ 11,209 $ 13,053 $ 542 $ 694 Interest cost 14,362 12,949 875 871 Expected return on plan assets (17,935 ) (19,493 ) — — Recognized actuarial losses 7,210 8,547 864 1,379 Total expense $ 14,846 $ 15,056 $ 2,281 $ 2,944 Funded Plan Unfunded Plan Twenty-Six Weeks Ended Twenty-Six Weeks Ended July 30, August 1, July 30, August 1, In thousands 2016 2015 2016 2015 Service cost $ 22,418 $ 26,108 $ 1,083 $ 1,387 Interest cost 28,724 25,898 1,750 1,742 Expected return on plan assets (35,870 ) (38,986 ) — — Recognized actuarial losses 14,419 17,094 1,729 2,758 Total expense $ 29,691 30,114 $ 4,562 5,887 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 sufficient to avoid restrictions with respect to the funding of TJX’s nonqualified plans under the Internal Revenue Code. TJX does not anticipate any required funding in fiscal 2017 for the funded plan. TJX anticipates making payments of $3.3 million to provide current benefits coming due under the unfunded plan in fiscal 2017. The amounts included in recognized actuarial losses in the table above have been reclassified in their entirety from other comprehensive income to the statements of income, net of related tax effects, for the periods presented. On August 8, 2016 TJX amended its qualified pension plan and began notifying eligible terminated vested participants of an opportunity to receive a lump sum payout of their vested pension benefit. TJX is offering the voluntary lump sum payout option in an effort to reduce its future pension obligations and associated administrative costs. Any payments would be made from pension plan assets but TJX may incur a pre-tax non-cash settlement charge that could be in the range of $35 million to $45 million. The final settlement charge could be higher or lower depending on participation rates and other factors. TJX also has an unfunded postretirement medical plan which was closed to new benefits in fiscal 2006. The amendment to the plan benefits in fiscal 2006 resulted in a negative plan amendment which was being amortized to income over the estimated average remaining life of the eligible plan participants. During the first quarter of fiscal 2017, TJX terminated the unfunded postretirement medical plan and made a discretionary lump sum payment to participants. The settlement of the liability and the recognition of the remaining negative plan amendment resulted in a pre-tax benefit of $5.5 million in the first quarter of fiscal 2017. Amortization from other comprehensive income to net income was $864,000 for the quarter ended May 2, 2015.

Long-Term Debt and Credit Lines

Long-Term Debt and Credit Lines	6 Months Ended
	Jul. 30, 2016
Long-Term Debt and Credit Lines	Note I. Long-Term Debt and Credit Lines The table below presents long-term debt, exclusive of current installments, as of July 30, 2016, January 30, 2016 and August 1, 2015. All amounts are net of unamortized debt discounts. In thousands July 30, January 30, August 1, General corporate debt: 6.95% senior unsecured notes, maturing April 15, 2019 (effective interest rate of 6.98% after reduction of unamortized debt discount of $188 at July 30, 2016, $223 at January 30, 2016 and $258 at August 1, 2015) $ 374,812 $ 374,777 $ 374,742 2.50% senior unsecured notes, maturing May 15, 2023 (effective interest rate of 2.51% after reduction of unamortized debt discount of $300 at July 30, 2016, $323 at January 30, 2016 and $346 at August 1, 2015) 499,700 499,677 499,654 2.75% senior unsecured notes, maturing June 15, 2021 (effective interest rate of 2.76% after reduction of unamortized debt discount of $362 at July 30, 2016, $400 at January 30, 2016 and $437 at August 1, 2015) 749,638 749,600 749,563 Debt issuance cost (8,198 ) (9,051 ) (9,904 ) Long-term debt $ 1,615,952 $ 1,615,003 $ 1,614,055 At July 30, 2016, TJX had outstanding $500 million aggregate principal amount of 2.50% ten-year notes due May 2023 and $375 million aggregate principal amount of 6.95% ten-year notes due April 2019. TJX entered into rate-lock agreements to hedge the underlying treasury rate of $250 million of the 2.50% notes and all of the 6.95% notes. The costs of these agreements are being amortized to interest expense over the term of the respective notes, resulting in an effective fixed interest rate of 2.57% for the 2.50% notes and 7.00% for the 6.95% notes. At July 30, 2016, TJX also had outstanding $750 million aggregate principal amount of 2.75% seven-year notes, due June 2021. TJX entered into rate-lock agreements to hedge the underlying treasury rate of all of the 2.75% notes prior to their issuance. The agreements were accounted for as cash flow hedges and the pre-tax realized loss of $7.9 million was recorded as a component of other comprehensive income and is being amortized to interest expense over the term of the notes, resulting in an effective fixed interest rate of 2.91%. At July 30, 2016, TJX had two $500 million revolving credit facilities, one which matures in March 2020 and one which matures in March 2021. At January 30, 2016 and August 1, 2015, TJX had two $500 million revolving credit facilities, one which was scheduled to mature in May 2016 and one which was scheduled to mature in June 2017. In March 2016, the $500 million revolving credit facility scheduled to mature in May 2016 was replaced with a new five-year $500 million revolving credit facility maturing in March 2021 and the $500 million revolving credit facility scheduled to mature in June 2017 was replaced with a new four-year $500 million revolving credit facility maturing in March 2020. The terms and covenants under the new revolving credit facilities are similar to those in the terminated facilities and require quarterly payments of 6.0 basis points per annum on the committed amounts for both agreements. This rate is based on the credit ratings of TJX’s long-term debt and would vary with specified changes in the credit ratings. These agreements had no compensating balance requirements and had various covenants. Each of these facilities required TJX to maintain a ratio of funded debt and four-times consolidated rentals to consolidated earnings before interest, taxes, depreciation and amortization, and consolidated rentals (“EBITDAR”) of not more than 2.75 to 1.00 on a rolling four-quarter basis. TJX was in compliance with all covenants related to its credit facilities at July 30, 2016, January 30, 2016 and August 1, 2015. As of July 30, 2016, January 30, 2016 and August 1, 2015, and during the quarters and year then ended, there were no amounts outstanding under any of these facilities. As of July 30, 2016, January 30, 2016 and August 1, 2015, TJX Canada had two uncommitted credit lines, a C$10 million facility for operating expenses and a C$10 million letter of credit facility. As of July 30, 2016, January 30, 2016 and August 1, 2015, there were no amounts outstanding on the Canadian credit line for operating expenses. As of July 30, 2016 and January 30, 2016, our European business at TJX International had an uncommitted credit line of £5 million. As of August 1, 2015, our European business at TJX International had an uncommitted credit line of £20 million. As of July 30, 2016, January 30, 2016, and August 1, 2015, and during the quarters and year then ended, there were no amounts outstanding on the European credit line.

Income Taxes

Income Taxes	6 Months Ended
	Jul. 30, 2016
Income Taxes	Note J. Income Taxes The effective income tax rate was 38.5% for the fiscal 2017 second quarter and 38.0% for the fiscal 2016 second quarter. The effective income tax rate for the six months ended July 30, 2016 was 38.5% as compared to 38.0% for last year’s comparable period. The increase in the effective income tax rate was primarily due to the jurisdictional mix of income and the increase in valuation allowance on foreign net operating losses. TJX had net unrecognized tax benefits of $36.2 million as of July 30, 2016, $34.1 million as of January 30, 2016 and $34.8 million as of August 1, 2015. 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., fiscal years through 2010 are no longer subject to examination. In Canada, fiscal years through 2007 are no longer subject to examination. In all other jurisdictions, fiscal years through 2009 are no longer subject to examination. TJX’s accounting policy classifies interest and penalties related to income tax matters as part of income tax expense. The total accrued amount on the balance sheets for interest and penalties was $7.5 million as of July 30, 2016, $7.0 million as of January 30, 2016 and $10.9 million as of August 1, 2015. Based on the outcome of tax examinations or judicial or administrative proceedings, or as a result of the expiration of statute of limitations in specific jurisdictions, it is reasonably possible that unrecognized tax benefits for certain tax positions taken on previously filed tax returns may change materially from those presented in the financial statements. During the next 12 months, it is reasonably possible that tax examinations of prior years’ tax returns or judicial or administrative proceedings that reflect such positions taken by TJX may be finalized. As a result, the total net amount of unrecognized tax benefits may decrease, which would reduce the provision for taxes on earnings, by a range of zero to $11 million.

Contingent Obligations and Cont

Contingent Obligations and Contingencies	6 Months Ended
	Jul. 30, 2016
Contingent Obligations and Contingencies	Note K. Contingent Obligations and Contingencies Contingent Obligations: TJX also has contingent obligations in connection with certain assigned or sublet properties that TJX is able to estimate. We estimate that the undiscounted obligations of (i) leases of former operations not included in our reserve for former operations and (ii) properties of our former operations if the subtenants do not fulfill their obligations, are approximately $43 million as of July 30, 2016. We believe that most or all of these contingent obligations will not revert to us and, to the extent they do, will be resolved for substantially less due to mitigating factors including our expectation to further sublet. TJX is a party to various agreements under which it may be obligated to indemnify the other party with respect to breach of warranty or losses related to such matters as title to assets sold, specified environmental matters or certain income taxes. These obligations are typically limited in time and amount. There are no amounts reflected in our balance sheets with respect to these contingent obligations. Contingencies:

Summary of Significant Accoun20

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jul. 30, 2016
Basis of Presentation	Basis of Presentation: These interim results are not necessarily indicative of results for the full fiscal year, because TJX’s business, in common with the businesses of retailers generally, is subject to seasonal influences, with higher levels of sales and income generally realized in the second half of the year. The January 30, 2016 balance sheet data was derived from audited financial statements, but does not include all disclosures required by GAAP.
Fiscal Year	Fiscal Year:
Share-Based Compensation	Share-Based Compensation:
Cash and Cash Equivalents	Cash and Cash Equivalents
Investments	Investments:
Merchandise Inventories	Merchandise Inventories
Leases	Leases:
New Accounting Standards	New Accounting Standards: In May 2014, a pronouncement was issued that creates common revenue recognition guidance for U.S. GAAP. The new guidance supersedes most preexisting revenue recognition guidance. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The new standard was originally scheduled to be effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. In April 2015, the Financial Accounting Standards Board proposed an update to this rule which deferred its effective date for one year. The proposed update stipulates the new standard would be effective for annual reporting periods beginning after December 15, 2017, and interim periods therein, with an option to adopt the standard on the originally scheduled effective date. The standard shall be applied either retrospectively to each period presented or as a cumulative-effect adjustment as of the date of adoption. For TJX, the standard will be effective in the first quarter of the fiscal year ending January 26, 2019. TJX is currently evaluating the impact of the new pronouncement on its consolidated financial statements. In February 2016, a pronouncement was issued that aims to increase transparency and comparability among organizations by requiring lessees to recognize lease assets and lease liabilities on the balance sheet and requiring disclosure of key information about leasing arrangements. ASU 2016-02 is effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods; early adoption is permitted and modified retrospective application is required. TJX is in the process of evaluating this guidance to determine the impact it will have on our financial statements. In April 2015, a pronouncement was issued that requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The guidance was effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. For TJX, the standard was effective in the first quarter of fiscal 2017. As a result, we have recast the January 30, 2016 consolidated balance sheet to conform to the current period presentation. The adoption of this standard reduced previously-presented other assets by $9.1 million and reduced long-term debt by $9.1 million as of January 30, 2016. In addition, we have also recast the August 1, 2015 consolidated balance sheet to conform to the current period presentation. The adoption of this standard reduced previously-presented other assets by $9.9 million and reduced long-term debt by $9.9 million as of August 1, 2015. In November 2015, a pronouncement was issued that requires entities to present deferred tax assets (DTAs) and deferred tax liabilities (DTLs) as noncurrent in a classified balance sheet. It simplified then existing guidance, which required entities to separately present DTAs and DTLs as current or noncurrent in a classified balance sheet. TJX adopted this guidance as of January 30, 2016, and applied it retrospectively. The impact on the August 1, 2015 consolidated balance sheet was to reduce previously-presented current DTAs by $128.2 million, decreased long-term DTAs by $2.4 million and reduced long-term DTLs by $130.6 million as of August 1, 2015.

Acquisition of Trade Secret (Ta

Acquisition of Trade Secret (Tables)	6 Months Ended
	Jul. 30, 2016
Assets and Liabilities Acquired Based on Estimated Fair Values	The following table presents the allocation of the purchase price (after preliminary adjustment for customary post-closing adjustments) to the assets and liabilities acquired based on their estimated fair values as of October 24, 2015 (in thousands): Current assets $ 25,899 Property and equipment 10,184 Goodwill and intangible assets 37,416 Less liabilities assumed (14,071 ) Net assets acquired $ 59,428

Accumulated Other Comprehensi22

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jul. 30, 2016
Changes in Accumulated Other Comprehensive Income (Loss)	The following table details the changes in accumulated other comprehensive income (loss) for the related periods: In thousands Foreign Deferred Cash Flow Accumulated Balance, January 30, 2016 $ (439,192 ) $ (224,654 ) $ (3,626 ) $ (667,472 ) Additions to other comprehensive income: Foreign currency translation adjustments (net of taxes of $31,364) 1,286 — — 1,286 Reclassifications from other comprehensive income to net income: Amortization of prior service cost and deferred gains/losses (net of taxes of $4,054) — 6,163 — 6,163 Amortization of loss on cash flow hedge (net of taxes of $225) — — 342 342 Balance, July 30, 2016 $ (437,906 ) $ (218,491 ) $ (3,284 ) $ (659,681 )

Capital Stock and Earnings pe23

Capital Stock and Earnings per Share (Tables)	6 Months Ended
	Jul. 30, 2016
Earnings per Share	Earnings per share: Thirteen Weeks Ended July 30, August 1, In thousands, except per share data 2016 2015 Basic earnings per share Net income $ 562,174 $ 549,335 Weighted average common shares outstanding for basic EPS 658,117 676,082 Basic earnings per share $ 0.85 $ 0.81 Diluted earnings per share Net income $ 562,174 $ 549,335 Shares for basic and diluted earnings per share calculations: Weighted average common shares outstanding for basic EPS 658,117 676,082 Assumed exercise/vesting of: Stock options and awards 8,489 9,240 Weighted average common shares outstanding for diluted EPS 666,606 685,322 Diluted earnings per share $ 0.84 $ 0.80 Twenty-Six Weeks Ended July 30, August 1, In thousands, except per share data 2016 2015 Basic earnings per share Net income $ 1,070,520 $ 1,023,936 Weighted average common shares outstanding for basic EPS 659,825 678,735 Basic earnings per share $ 1.62 $ 1.51 Diluted earnings per share Net income $ 1,070,520 $ 1,023,936 Shares for basic and diluted earnings per share calculations: Weighted average common shares outstanding for basic EPS 659,825 678,735 Assumed exercise/vesting of: Stock options and awards 8,929 9,844 Weighted average common shares outstanding for diluted EPS 668,754 688,579 Diluted earnings per share $ 1.60 $ 1.49

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jul. 30, 2016
Derivative Financial Instruments Related Fair Value and Balance Sheet Classification	The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at July 30, 2016: In thousands Pay Receive Blended Balance Sheet Current Asset Current Net Fair Fair value hedges: Intercompany balances, primarily debt and related interest zł 57,073 C$ 19,606 0.3435 Prepaid Exp $ 448 $ — $ 448 zł 45,000 £ 7,403 0.1645 (Accrued Exp) — (1,696 ) (1,696 ) € 61,000 £ 47,211 0.7740 (Accrued Exp) — (6,079 ) (6,079 ) U.S.$ 77,957 £ 55,000 0.7055 (Accrued Exp) — (4,969 ) (4,969 ) Economic hedges for which hedge accounting was not elected: Diesel contracts Fixed on 1.8M Float on 1.8M – 2.2M gal per N/A (Accrued Exp) — (4,832 ) (4,832 ) Intercompany billings in Europe, primarily merchandise related € 75,000 £ 64,031 0.8537 Prepaid Exp 816 — 816 Merchandise purchase commitments C$ 518,629 U.S.$ 396,300 0.7641 Prepaid Exp / 2,192 (4,070 ) (1,878 ) C$ 25,108 € 17,250 0.6870 Prepaid Exp / 57 (42 ) 15 £ 223,671 U.S.$ 317,750 1.4206 Prepaid Exp / 21,716 (252 ) 21,464 U.S.$ 1,556 £ 1,079 0.6934 (Accrued Exp) — (127 ) (127 ) zł 278,776 £ 50,509 0.1812 (Accrued Exp) — (4,474 ) (4,474 ) U.S.$ 55,093 € 48,792 0.8856 Prepaid Exp / 154 (577 ) (423 ) Total fair value of financial instruments $ 25,383 $ (27,118 ) $ (1,735 ) The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at August 1, 2015: In thousands Pay Receive Blended Balance Sheet Current Asset Current Net Fair Fair value hedges: Intercompany balances, primarily debt and related interest zł 87,073 C$ 29,560 0.3395 (Accrued Exp) $ — $ (440 ) $ (440 ) zł 25,000 £ 4,547 0.1819 Prepaid Exp 496 — 496 € 39,000 £ 28,873 0.7403 Prepaid Exp 2,075 — 2,075 € 19,850 U.S.$ 22,647 1.1409 Prepaid Exp 777 — 777 U.S.$ 83,400 £ 55,000 0.6595 Prepaid Exp 2,423 — 2,423 Economic hedges for which hedge accounting was not elected: Diesel contracts Fixed on 1.2M Float on 1.2M month N/A (Accrued Exp) — (12,414 ) (12,414 ) Merchandise purchase commitments C$ 454,974 U.S.$ 364,410 0.8009 Prepaid Exp 16,976 — 16,976 C$ 18,935 € 13,700 0.7235 Prepaid Exp 592 — 592 £ 192,482 U.S.$ 297,000 1.5430 Prepaid Exp / 493 (4,087 ) (3,594 ) U.S.$ 929 £ 605 0.6512 Prepaid Exp 16 — 16 zł 230,328 £ 40,405 0.1754 Prepaid Exp 2,170 — 2,170 U.S.$ 30,473 € 27,486 0.9020 Prepaid Exp / 185 (448 ) (263 ) Total fair value of financial instruments $ 26,203 $ (17,389 ) $ 8,814
Impact of Derivative Financial Instruments on Statements of Income	Presented below is the impact of derivative financial instruments on the statements of income for the periods shown: Location of Gain (Loss) Amount of Gain (Loss) Recognized Recognized in Income by Thirteen Weeks Ended In thousands Derivative July 30, 2016 August 1, 2015 Fair value hedges: Intercompany balances, primarily debt and related interest Selling, general and $ (14,163 ) $ 5,664 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Cost of sales, including buying (3,516 ) (11,491 ) Intercompany billings in Europe, primarily merchandise related Cost of sales, including buying (6,968 ) — Merchandise purchase commitments Cost of sales, including buying 37,709 21,195 Gain / (loss) recognized in income $ 13,062 $ 15,368 Location of Gain (Loss) Amount of Gain (Loss) Recognized Recognized in Income by Twenty-Six Weeks Ended In thousands Derivative July 30, 2016 August 1, 2015 Fair value hedges: Intercompany balances, primarily debt and related interest Selling, general and $ (13,286 ) $ 7,708 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Cost of sales, including buying (1,229 ) (9,291 ) Intercompany billings in Europe, primarily merchandise related Cost of sales, including buying (9,076 ) — Merchandise purchase commitments Cost of sales, including buying (7,279 ) 7,543 Gain / (loss) recognized in income $ (30,870 ) $ 5,960

Disclosures about Fair Value 25

Disclosures about Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jul. 30, 2016
Fair Value of Financial Assets and Liabilities on a Recurring Basis	The following table sets forth TJX’s financial assets and liabilities that are accounted for at fair value on a recurring basis: In thousands July 30, January 30, August 1, Level 1 Assets: Executive Savings Plan investments $ 184,770 $ 155,847 $ 167,669 Level 2 Assets: Short-term investments $ 421,153 $ 352,313 $ 327,506 Foreign currency exchange contracts 25,383 28,643 26,203 Liabilities: Foreign currency exchange contracts $ 22,286 $ 3,455 $ 4,975 Diesel fuel contracts 4,832 13,952 12,414

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jul. 30, 2016
Financial Information on Business Segments	Presented below is financial information with respect to TJX’s business segments: Thirteen Weeks Ended July 30, August 1, In thousands 2016 2015 Net sales: In the United States: Marmaxx $ 5,098,998 $ 4,805,883 HomeGoods 986,663 895,378 TJX Canada 756,781 699,347 TJX International 1,039,611 963,123 $ 7,882,053 $ 7,363,731 Segment profit: In the United States: Marmaxx $ 742,289 $ 715,546 HomeGoods 128,047 112,135 TJX Canada 121,979 119,681 TJX International 42,879 50,874 1,035,194 998,236 General corporate expense 109,350 101,234 Interest expense, net 11,262 10,808 Income before provision for income taxes $ 914,582 $ 886,194 Twenty-Six Weeks Ended July 30, August 1, In thousands 2016 2015 Net sales: In the United States: Marmaxx $ 9,964,373 $ 9,301,293 HomeGoods 1,997,099 1,775,571 TJX Canada 1,442,358 1,319,559 TJX International 2,020,579 1,832,945 $ 15,424,409 $ 14,229,368 Segment profit: In the United States: Marmaxx $ 1,451,146 $ 1,367,849 HomeGoods 266,257 233,434 TJX Canada 179,451 164,853 TJX International 57,226 77,229 1,954,080 1,843,365 General corporate expense 193,073 169,624 Interest expense, net 21,456 22,432 Income before provision for income taxes $ 1,739,551 $ 1,651,309

Pension Plans and Other Retir27

Pension Plans and Other Retirement Benefits (Tables)	6 Months Ended
	Jul. 30, 2016
Financial Information Related to Funded Defined Benefit Pension Plan and Unfunded Supplemental Retirement Plan	Presented below is financial information relating to TJX’s funded defined benefit pension plan (qualified pension plan or funded plan) and its unfunded supplemental pension plan (unfunded plan) for the periods shown: Funded Plan Unfunded Plan Thirteen Weeks Ended Thirteen Weeks Ended July 30, August 1, July 30, August 1, In thousands 2016 2015 2016 2015 Service cost $ 11,209 $ 13,053 $ 542 $ 694 Interest cost 14,362 12,949 875 871 Expected return on plan assets (17,935 ) (19,493 ) — — Recognized actuarial losses 7,210 8,547 864 1,379 Total expense $ 14,846 $ 15,056 $ 2,281 $ 2,944 Funded Plan Unfunded Plan Twenty-Six Weeks Ended Twenty-Six Weeks Ended July 30, August 1, July 30, August 1, In thousands 2016 2015 2016 2015 Service cost $ 22,418 $ 26,108 $ 1,083 $ 1,387 Interest cost 28,724 25,898 1,750 1,742 Expected return on plan assets (35,870 ) (38,986 ) — — Recognized actuarial losses 14,419 17,094 1,729 2,758 Total expense $ 29,691 30,114 $ 4,562 5,887

Long-Term Debt and Credit Lin28

Long-Term Debt and Credit Lines (Tables)	6 Months Ended
	Jul. 30, 2016
Long-Term Debt, Exclusive of Current Installments	The table below presents long-term debt, exclusive of current installments, as of July 30, 2016, January 30, 2016 and August 1, 2015. All amounts are net of unamortized debt discounts. In thousands July 30, January 30, August 1, General corporate debt: 6.95% senior unsecured notes, maturing April 15, 2019 (effective interest rate of 6.98% after reduction of unamortized debt discount of $188 at July 30, 2016, $223 at January 30, 2016 and $258 at August 1, 2015) $ 374,812 $ 374,777 $ 374,742 2.50% senior unsecured notes, maturing May 15, 2023 (effective interest rate of 2.51% after reduction of unamortized debt discount of $300 at July 30, 2016, $323 at January 30, 2016 and $346 at August 1, 2015) 499,700 499,677 499,654 2.75% senior unsecured notes, maturing June 15, 2021 (effective interest rate of 2.76% after reduction of unamortized debt discount of $362 at July 30, 2016, $400 at January 30, 2016 and $437 at August 1, 2015) 749,638 749,600 749,563 Debt issuance cost (8,198 ) (9,051 ) (9,904 ) Long-term debt $ 1,615,952 $ 1,615,003 $ 1,614,055

Summary of Significant Accoun29

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Thousands, shares in Millions	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015	Jan. 30, 2016	Jan. 31, 2015
Summary Of Significant Accounting Policies [Line Items]
Share-based compensation	$ 24,900	$ 22,600	$ 49,886	$ 43,767
Options to purchase common stock exercised	1		3.3
Options outstanding to purchase common stock	25.3		25.3
Unrecognized compensation cost related to nonvested share-based compensation arrangements	$ 123,100		$ 123,100
Highly liquid investments maximum maturity days			90 days
Cash and cash equivalents	1,803,648	1,910,770	$ 1,803,648	1,910,770	$ 2,095,473	$ 2,493,775
In-transit inventory accrual	678,300	638,200	$ 678,300	638,200	690,300
Rent expense recorded prior to minimum number of days before opening of store, in days			30 days
Rent expense recorded prior to maximum number of days before opening of store, in days			60 days
Other assets	244,890	208,335	$ 244,890	208,335	222,669
Long-term debt	1,615,952	1,614,055	1,615,952	1,614,055	1,615,003
Non-current deferred income taxes, net	6,861	19,055	6,861	19,055	13,831
Non-current deferred income taxes, net	360,178	261,282	360,178	261,282	285,102
ASU 2015-17 | Restatement Adjustment
Summary Of Significant Accounting Policies [Line Items]
Deferred tax asset reduction		(128,200)		(128,200)
Non-current deferred income taxes, net		(2,400)		(2,400)
Non-current deferred income taxes, net		(130,600)		(130,600)
ASU 2015-03 | Restatement Adjustment
Summary Of Significant Accounting Policies [Line Items]
Other assets		(9,900)		(9,900)	(9,100)
Long-term debt		$ (9,900)		$ (9,900)	$ (9,100)
Outside United States
Summary Of Significant Accounting Policies [Line Items]
Cash and cash equivalents	1,150,200		1,150,200
Reinvest Undistributed Earnings
Summary Of Significant Accounting Policies [Line Items]
Cash and cash equivalents	$ 264,300		$ 264,300
Minimum
Summary Of Significant Accounting Policies [Line Items]
Short-term investments maturity term			90 days
Maximum
Summary Of Significant Accounting Policies [Line Items]
Short-term investments maturity term			1 year

Acquisition of Trade Secret - A

Acquisition of Trade Secret - Additional Information (Detail) $ in Thousands, AUD in Millions	Oct. 24, 2015USD ($)Store	Oct. 24, 2015AUD	Jul. 30, 2016USD ($)
Business Acquisition [Line Items]
Acquisition of Trade Secret, net of cash received			$ 2,324
Trade Secret
Business Acquisition [Line Items]
Business acquisition, date of acquisition	Oct. 24, 2015	Oct. 24, 2015
Business acquisition, number of operating stores acquired | Store	35
Acquisition of Trade Secret, net of cash received	$ 59,400	AUD 83.3
Identifiable amortizable intangible assets	$ 12,000
Identifiable intangible assets, amortization period	10 years	10 years
Goodwill acquired	$ 25,000

Assets and Liabilities Acquired

Assets and Liabilities Acquired Based on Estimated Fair Values (Detail) $ in Thousands	Oct. 24, 2015USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Current assets	$ 25,899
Property and equipment	10,184
Goodwill and intangible assets	37,416
Less liabilities assumed	(14,071)
Net assets acquired	$ 59,428

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			$ 4,307,075
Foreign currency translation adjustments, net of related tax provision (benefits)	$ (128,308)	$ (35,289)	1,286	$ 6,164
Amortization of prior service cost and deferred gains/losses, net of related tax provisions	4,870	5,565	6,163	10,932
Amortization of loss on cash flow hedge, net of related tax provision (benefits)	171	171	342	342
Ending balance	4,451,356	$ 4,276,067	4,451,356	$ 4,276,067
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			(667,472)
Ending balance	(659,681)		(659,681)
Foreign Currency Translation
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			(439,192)
Foreign currency translation adjustments, net of related tax provision (benefits)			1,286
Ending balance	(437,906)		(437,906)
Deferred Benefit Costs
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			(224,654)
Amortization of prior service cost and deferred gains/losses, net of related tax provisions			6,163
Ending balance	(218,491)		(218,491)
Rate Lock on Debt
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			(3,626)
Amortization of loss on cash flow hedge, net of related tax provision (benefits)			342
Ending balance	$ (3,284)		$ (3,284)

Changes in Accumulated Other 33

Changes in Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency translation adjustments, related tax provision (benefits)	$ (19,883)	$ (32,188)	$ 31,364	$ (13,033)
Amortization of deferred benefit costs, taxes	3,204	3,660	4,054	7,191
Amortization of loss on cash flow hedge, tax provision (benefits)	$ 112	$ 113	$ 225	$ 225

Capital Stock and Earnings Pe34

Capital Stock and Earnings Per Share - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015	Feb. 29, 2016	Jan. 30, 2016	Feb. 28, 2015
Capital Unit [Line Items]
Common stock repurchased and retired			$ 756,162,000
Cash payments for repurchase of common stock			$ 756,162,000	$ 851,081,000
Preferred stock, shares authorized	5,000,000	5,000,000	5,000,000	5,000,000		5,000,000
Preferred stock, par value	$ 1	$ 1	$ 1	$ 1		$ 1
Antidilutive options excluded	4,000,000	0	4,000,000	0
Trade Date Basis
Capital Unit [Line Items]
Common stock repurchased and retired (in shares)	5,200,000		10,200,000
Common stock repurchased and retired	$ 400,000,000		$ 775,000,000
Stock Repurchase Programs 2015
Capital Unit [Line Items]
Common stock repurchased and retired (in shares)			17,500,000
Common stock repurchased and retired			$ 1,300,000,000
Stock repurchase program, common stock purchase value							$ 2,000,000,000
Remaining available stock under stock repurchase plan	$ 715,800,000		$ 715,800,000
Stock Repurchase Programs 2016
Capital Unit [Line Items]
Stock repurchase program, common stock purchase value					$ 2,000,000,000

Calculation of Basic and Dilute

Calculation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Basic earnings per share
Net income	$ 562,174	$ 549,335	$ 1,070,520	$ 1,023,936
Weighted average common shares outstanding for basic EPS	658,117	676,082	659,825	678,735
Basic earnings per share	$ 0.85	$ 0.81	$ 1.62	$ 1.51
Net income	$ 562,174	$ 549,335	$ 1,070,520	$ 1,023,936
Weighted average common shares outstanding for basic EPS	658,117	676,082	659,825	678,735
Stock options and awards	8,489	9,240	8,929	9,844
Weighted average common shares outstanding for diluted EPS	666,606	685,322	668,754	688,579
Diluted earnings per share	$ 0.84	$ 0.80	$ 1.60	$ 1.49

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail)	6 Months Ended
	Jul. 30, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Hedge of diesel fuel requirement, remainder of fiscal year 2017	54.00%
Hedge of diesel fuel requirement, fiscal year 2018	48.00%

Summary of Derivative Financial

Summary of Derivative Financial Instruments Related Fair Value and Balance Sheet Classification (Detail) € in Thousands, £ in Thousands, PLN in Thousands, CAD in Thousands, $ in Thousands	Jul. 30, 2016USD ($)	Jul. 30, 2016CAD	Jul. 30, 2016GBP (£)	Jul. 30, 2016PLN	Jul. 30, 2016EUR (€)	Aug. 01, 2015USD ($)	Aug. 01, 2015CAD	Aug. 01, 2015GBP (£)	Aug. 01, 2015PLN	Aug. 01, 2015EUR (€)
Derivatives, Fair Value [Line Items]
Current Asset	$ 25,383					$ 26,203
Current (Liability)	(27,118)					(17,389)
Net Fair Value	(1,735)					8,814
Diesel Fuel Contracts | (Accrued Expense)
Derivatives, Fair Value [Line Items]
Current (Liability)	(4,832)					(12,414)
Net Fair Value	$ (4,832)					$ (12,414)
Intercompany Balances, Primarily Debt And Related Interest | (Accrued Expense) | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | PLN				PLN 45,000
Hedge accounting not elected, Receive | £			£ 7,403
Blended Contract Rate	0.1645	0.1645	0.1645	0.1645	0.1645
Current (Liability)	$ (1,696)
Net Fair Value	$ (1,696)
Intercompany Balances, Primarily Debt And Related Interest | (Accrued Expense) | Conversion Of Euro To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | €					€ 61,000
Hedge accounting not elected, Receive | £			£ 47,211
Blended Contract Rate	0.7740	0.7740	0.7740	0.7740	0.7740
Current (Liability)	$ (6,079)
Net Fair Value	(6,079)
Intercompany Balances, Primarily Debt And Related Interest | (Accrued Expense) | Conversion Of US Dollar To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay	$ 77,957
Hedge accounting not elected, Receive | £			£ 55,000
Blended Contract Rate	0.7055	0.7055	0.7055	0.7055	0.7055
Current (Liability)	$ (4,969)
Net Fair Value	$ (4,969)
Intercompany Balances, Primarily Debt And Related Interest | Prepaid Expense | Conversion Of Zloty To Canadian Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | PLN				PLN 57,073
Hedge accounting not elected, Receive | CAD		CAD 19,606
Blended Contract Rate	0.3435	0.3435	0.3435	0.3435	0.3435
Current Asset	$ 448
Net Fair Value	$ 448
Merchandise Purchase Commitments | (Accrued Expense) | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | PLN				PLN 278,776
Hedge accounting not elected, Receive | £			£ 50,509
Blended Contract Rate	0.1812	0.1812	0.1812	0.1812	0.1812
Current (Liability)	$ (4,474)
Net Fair Value	(4,474)
Merchandise Purchase Commitments | (Accrued Expense) | Conversion Of US Dollar To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay	$ 1,556
Hedge accounting not elected, Receive | £			£ 1,079
Blended Contract Rate	0.6934	0.6934	0.6934	0.6934	0.6934
Current (Liability)	$ (127)
Net Fair Value	(127)
Merchandise Purchase Commitments | Prepaid Expense | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | PLN									PLN 230,328
Hedge accounting not elected, Receive | £								£ 40,405
Blended Contract Rate						0.1754	0.1754	0.1754	0.1754	0.1754
Current Asset						$ 2,170
Net Fair Value						2,170
Merchandise Purchase Commitments | Prepaid Expense | Conversion Of US Dollar To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay						$ 929
Hedge accounting not elected, Receive | £								£ 605
Blended Contract Rate						0.6512	0.6512	0.6512	0.6512	0.6512
Current Asset						$ 16
Net Fair Value						16
Merchandise Purchase Commitments | Prepaid Expense | Conversion Of Canadian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | CAD							CAD 454,974
Hedge accounting not elected, Receive						$ 364,410
Blended Contract Rate						0.8009	0.8009	0.8009	0.8009	0.8009
Current Asset						$ 16,976
Net Fair Value						$ 16,976
Merchandise Purchase Commitments | Prepaid Expense | Conversion Of Canadian Dollar To Euro
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | CAD							CAD 18,935
Hedge accounting not elected, Receive | €										€ 13,700
Blended Contract Rate						0.7235	0.7235	0.7235	0.7235	0.7235
Current Asset						$ 592
Net Fair Value						592
Merchandise Purchase Commitments | Prepaid Expense / (Accrued Expense) | Conversion Of Canadian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | CAD		CAD 518,629
Hedge accounting not elected, Receive	$ 396,300
Blended Contract Rate	0.7641	0.7641	0.7641	0.7641	0.7641
Current Asset	$ 2,192
Current (Liability)	(4,070)
Net Fair Value	$ (1,878)
Merchandise Purchase Commitments | Prepaid Expense / (Accrued Expense) | Conversion Of Canadian Dollar To Euro
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | CAD		CAD 25,108
Hedge accounting not elected, Receive | €					€ 17,250
Blended Contract Rate	0.6870	0.6870	0.6870	0.6870	0.6870
Current Asset	$ 57
Current (Liability)	(42)
Net Fair Value	15
Merchandise Purchase Commitments | Prepaid Expense / (Accrued Expense) | Conversion Of Pound To US Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | £			£ 223,671					£ 192,482
Hedge accounting not elected, Receive	$ 317,750					$ 297,000
Blended Contract Rate	1.4206	1.4206	1.4206	1.4206	1.4206	1.5430	1.5430	1.5430	1.5430	1.5430
Current Asset	$ 21,716					$ 493
Current (Liability)	(252)					(4,087)
Net Fair Value	21,464					(3,594)
Merchandise Purchase Commitments | Prepaid Expense / (Accrued Expense) | Conversion Of US Dollar To Euro
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay	$ 55,093					$ 30,473
Hedge accounting not elected, Receive | €					€ 48,792					€ 27,486
Blended Contract Rate	0.8856	0.8856	0.8856	0.8856	0.8856	0.9020	0.9020	0.9020	0.9020	0.9020
Current Asset	$ 154					$ 185
Current (Liability)	(577)					(448)
Net Fair Value	$ (423)					$ (263)
Intercompany Balances, Primarily And Related Interest | (Accrued Expense) | Conversion Of Zloty To Canadian Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | PLN									PLN 87,073
Hedge accounting not elected, Receive | CAD							CAD 29,560
Blended Contract Rate						0.3395	0.3395	0.3395	0.3395	0.3395
Current (Liability)						$ (440)
Net Fair Value						$ (440)
Intercompany Balances, Primarily And Related Interest | Prepaid Expense | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | PLN									PLN 25,000
Hedge accounting not elected, Receive | £								£ 4,547
Blended Contract Rate						0.1819	0.1819	0.1819	0.1819	0.1819
Current Asset						$ 496
Net Fair Value						$ 496
Intercompany Balances, Primarily And Related Interest | Prepaid Expense | Conversion Of Euro To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | €										€ 39,000
Hedge accounting not elected, Receive | £								£ 28,873
Blended Contract Rate						0.7403	0.7403	0.7403	0.7403	0.7403
Current Asset						$ 2,075
Net Fair Value						2,075
Intercompany Balances, Primarily And Related Interest | Prepaid Expense | Conversion Of US Dollar To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay						$ 83,400
Hedge accounting not elected, Receive | £								£ 55,000
Blended Contract Rate						0.6595	0.6595	0.6595	0.6595	0.6595
Current Asset						$ 2,423
Net Fair Value						2,423
Intercompany Balances, Primarily And Related Interest | Prepaid Expense | Conversion Of Euro To US Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | €										€ 19,850
Hedge accounting not elected, Receive						$ 22,647
Blended Contract Rate						1.1409	1.1409	1.1409	1.1409	1.1409
Current Asset						$ 777
Net Fair Value						$ 777
Intercompany Billings In Europe, Primarily Merchandise Related | Prepaid Expense | Conversion Of Euro To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | €					€ 75,000
Hedge accounting not elected, Receive | £			£ 64,031
Blended Contract Rate	0.8537	0.8537	0.8537	0.8537	0.8537
Current Asset	$ 816
Net Fair Value	$ 816

Impact of Derivative Financial

Impact of Derivative Financial Instruments on Statements of Income (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in income	$ 13,062	$ 15,368	$ (30,870)	$ 5,960
Intercompany Balances, Primarily And Related Interest | Fair Value Hedges | Selling, General And Administrative Expenses
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in income	(14,163)	5,664	(13,286)	7,708
Diesel Fuel Contracts | Economic Hedges For Which Hedge Accounting Was Not Elected | Cost Of Sales, Including Buying And Occupancy Costs
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in income	(3,516)	(11,491)	(1,229)	(9,291)
Intercompany Billings In Europe, Primarily Merchandise Related | Economic Hedges For Which Hedge Accounting Was Not Elected | Cost Of Sales, Including Buying And Occupancy Costs
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in income	(6,968)		(9,076)
Merchandise Purchase Commitments | Economic Hedges For Which Hedge Accounting Was Not Elected | Cost Of Sales, Including Buying And Occupancy Costs
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in income	$ 37,709	$ 21,195	$ (7,279)	$ 7,543

Fair Value of Financial Assets

Fair Value of Financial Assets and Liabilities on a Recurring Basis (Detail) - USD ($) $ in Thousands	Jul. 30, 2016	Jan. 30, 2016	Aug. 01, 2015
Level 1 | Executive Savings Plan Investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value measured on recurring basis, Assets	$ 184,770	$ 155,847	$ 167,669
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts, Assets	25,383	28,643	26,203
Foreign currency exchange contracts, Liabilities	22,286	3,455	4,975
Level 2 | Diesel Fuel Contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value measured on recurring basis, Liabilities	4,832	13,952	12,414
Level 2 | Short-Term Investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value measured on recurring basis, Assets	$ 421,153	$ 352,313	$ 327,506

Disclosures about Fair Value 40

Disclosures about Fair Value of Financial Instruments - Additional Information (Detail) - USD ($) $ in Thousands	Jul. 30, 2016	Jan. 30, 2016	Aug. 01, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of long-term debt	$ 1,700,000	$ 1,700,000	$ 1,700,000
Carrying value of long-term debt	$ 1,615,952	$ 1,615,003	$ 1,614,055

Segment Information - Additiona

Segment Information - Additional Information (Detail)	6 Months Ended
	Jul. 30, 2016Segment
Segment Reporting Information [Line Items]
Number of business segments	4

Financial Information on Busine

Financial Information on Business Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Segment Reporting Information [Line Items]
Net sales	$ 7,882,053	$ 7,363,731	$ 15,424,409	$ 14,229,368
Segment profit	1,035,194	998,236	1,954,080	1,843,365
General corporate expense	109,350	101,234	193,073	169,624
Interest expense, net	11,262	10,808	21,456	22,432
Income before provision for income taxes	914,582	886,194	1,739,551	1,651,309
Marmaxx
Segment Reporting Information [Line Items]
Net sales	5,098,998	4,805,883	9,964,373	9,301,293
Segment profit	742,289	715,546	1,451,146	1,367,849
HomeGoods
Segment Reporting Information [Line Items]
Net sales	986,663	895,378	1,997,099	1,775,571
Segment profit	128,047	112,135	266,257	233,434
TJX Canada
Segment Reporting Information [Line Items]
Net sales	756,781	699,347	1,442,358	1,319,559
Segment profit	121,979	119,681	179,451	164,853
TJX International
Segment Reporting Information [Line Items]
Net sales	1,039,611	963,123	2,020,579	1,832,945
Segment profit	$ 42,879	$ 50,874	$ 57,226	$ 77,229

Components of Net Periodic Bene

Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Funded Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 11,209	$ 13,053	$ 22,418	$ 26,108
Interest cost	14,362	12,949	28,724	25,898
Expected return on plan assets	(17,935)	(19,493)	(35,870)	(38,986)
Recognized actuarial losses	7,210	8,547	14,419	17,094
Total expense	14,846	15,056	29,691	30,114
Unfunded Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	542	694	1,083	1,387
Interest cost	875	871	1,750	1,742
Recognized actuarial losses	864	1,379	1,729	2,758
Total expense	$ 2,281	$ 2,944	$ 4,562	$ 5,887

Pension Plans and Other Retir44

Pension Plans and Other Retirement Benefits - Additional Information (Detail) - USD ($)	Aug. 08, 2016	Apr. 30, 2016	May 02, 2015	Jul. 30, 2016
Pension Plans and Other Retirement Benefits [Line Items]
Minimum percentage of pension liability				80.00%
Anticipated employer's contribution to fund current benefit and expense payments under the unfunded plan in fiscal 2017				$ 3,300,000
Amortization from other comprehensive income to net income			$ 864,000
Subsequent Event | Minimum
Pension Plans and Other Retirement Benefits [Line Items]
Pre-tax non-cash settlement charge	$ 35,000,000
Subsequent Event | Maximum
Pension Plans and Other Retirement Benefits [Line Items]
Pre-tax non-cash settlement charge	$ 45,000,000
Post Retirement Medical Plan
Pension Plans and Other Retirement Benefits [Line Items]
Pre-tax income from post retirement medical plan reflected in income statement		$ 5,500,000

Long-Term Debt, Exclusive of Cu

Long-Term Debt, Exclusive of Current Installments (Detail) - USD ($) $ in Thousands	Jul. 30, 2016	Jan. 30, 2016	Aug. 01, 2015
Debt Instrument [Line Items]
Debt issuance cost	$ (8,198)	$ (9,051)	$ (9,904)
Long-term debt	1,615,952	1,615,003	1,614,055
6.95% Ten-Year Notes
Debt Instrument [Line Items]
Long-term debt	374,812	374,777	374,742
2.50% Ten-Year Notes
Debt Instrument [Line Items]
Long-term debt	499,700	499,677	499,654
2.75% Seven-Year Notes
Debt Instrument [Line Items]
Long-term debt	$ 749,638	$ 749,600	$ 749,563

Long-Term Debt, Exclusive of 46

Long-Term Debt, Exclusive of Current Installments (Parenthetical) (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jul. 30, 2016	Jan. 30, 2016	Aug. 01, 2015
6.95% Ten-Year Notes
Debt Instrument [Line Items]
Debt instrument, interest rate	6.95%
Maturity date	Apr. 15, 2019
Unamortized debt discount	$ 188	$ 223	$ 258
Effective interest rate	6.98%
2.50% Ten-Year Notes
Debt Instrument [Line Items]
Debt instrument, interest rate	2.50%
Maturity date	May 15, 2023
Unamortized debt discount	$ 300	323	346
Effective interest rate	2.51%
2.75% Seven-Year Notes
Debt Instrument [Line Items]
Debt instrument, interest rate	2.75%
Maturity date	Jun. 15, 2021
Unamortized debt discount	$ 362	$ 400	$ 437
Effective interest rate	2.76%

Long-Term Debt and Credit Lin47

Long-Term Debt and Credit Lines - Additional Information (Detail)	Mar. 29, 2016USD ($)	Jul. 30, 2016USD ($)	Aug. 01, 2015USD ($)	Jan. 30, 2016USD ($)	Jul. 30, 2016CAD	Jul. 30, 2016GBP (£)	Jan. 30, 2016CAD	Jan. 30, 2016GBP (£)	Aug. 01, 2015CAD	Aug. 01, 2015GBP (£)
Debt Instrument [Line Items]
Quarterly payments per annum on unused committed amounts		0.06%
Ratio of funded debt and four-times consolidated rentals to consolidated earnings before interest, taxes, consolidated rentals, depreciation and amortization		275.00%			275.00%	275.00%
Credit facilities, amount outstanding		$ 0	$ 0	$ 0
2.75% Seven-Year Notes
Debt Instrument [Line Items]
Aggregate principal amount		$ 750,000,000
Debt instrument maturity period, years		7 years
Debt instrument maturity date		2021-06
Effective fixed rate		2.91%			2.91%	2.91%
Debt instrument, interest rate		2.75%			2.75%	2.75%
Cash flow hedges, pre-tax realized loss		$ 7,900,000
2.50% Ten-Year Notes
Debt Instrument [Line Items]
Aggregate principal amount		$ 500,000,000
Debt instrument maturity period, years		10 years
Debt instrument maturity date		2023-05
Effective fixed rate		2.57%			2.57%	2.57%
Debt instrument, interest rate		2.50%			2.50%	2.50%
2.50% Ten-Year Notes | Interest Rate Contract
Debt Instrument [Line Items]
Amount hedged into treasury rate-lock agreement		$ 250,000,000
6.95% Ten-Year Notes
Debt Instrument [Line Items]
Aggregate principal amount		$ 375,000,000
Debt instrument maturity period, years		10 years
Debt instrument maturity date		2019-04
Effective fixed rate		7.00%			7.00%	7.00%
Debt instrument, interest rate		6.95%			6.95%	6.95%
6.95% Ten-Year Notes | Interest Rate Contract
Debt Instrument [Line Items]
Amount hedged into treasury rate-lock agreement		$ 375,000,000
TJX Canada Facility
Debt Instrument [Line Items]
Current borrowing capacity | CAD					CAD 10,000,000		CAD 10,000,000		CAD 10,000,000
Credit facilities, amount outstanding | CAD					0		0		0
TJX Canada Facility | Letter of Credit
Debt Instrument [Line Items]
Current borrowing capacity | CAD					CAD 10,000,000		CAD 10,000,000		CAD 10,000,000
TJX International
Debt Instrument [Line Items]
Current borrowing capacity | £						£ 5,000,000		£ 5,000,000		£ 20,000,000
TJX Europe Credit Line
Debt Instrument [Line Items]
Credit facilities, amount outstanding | £						£ 0		£ 0		£ 0
Revolving Credit Facility March Twenty Twenty
Debt Instrument [Line Items]
Debt instrument maturity date	2020-03	2020-03
Current borrowing capacity	$ 500,000,000	$ 500,000,000
Credit facility expiration period	4 years
Revolving Credit Facility March Twenty Twenty One
Debt Instrument [Line Items]
Debt instrument maturity date	2021-03	2021-03
Current borrowing capacity	$ 500,000,000	$ 500,000,000
Credit facility expiration period	5 years
Revolving Credit Facility May 2016
Debt Instrument [Line Items]
Debt instrument maturity date			2016-05	2016-05
Current borrowing capacity			$ 500,000,000	$ 500,000,000
Revolving Credit Facility June 2017
Debt Instrument [Line Items]
Debt instrument maturity date			2017-06	2017-06
Current borrowing capacity			$ 500,000,000	$ 500,000,000

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015	Jan. 30, 2016
Income Taxes [Line Items]
Effective income tax rate	38.50%	38.00%	38.50%	38.00%
Net unrecognized tax benefits			$ 36,200,000	$ 34,800,000	$ 34,100,000
Accrued amounts for interest and penalties	$ 7,500,000	$ 10,900,000	7,500,000	$ 10,900,000	$ 7,000,000
Minimum
Income Taxes [Line Items]
Possible decrease in unrecognized tax benefits that would reduce the provision for taxes on earnings	0		0
Maximum
Income Taxes [Line Items]
Possible decrease in unrecognized tax benefits that would reduce the provision for taxes on earnings	$ 11,000,000		$ 11,000,000

Contingent Obligations and Co49

Contingent Obligations and Contingencies - Additional Information (Detail) $ in Millions	Jul. 30, 2016USD ($)
Commitment And Contingencies [Line Items]
Estimated contingent obligations	$ 43