The TJX Companies, Inc. (TJX) 10-Q 1 Jun 18 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	May 05, 2018shares
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	May 5, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q1
Trading Symbol	TJX
Entity Registrant Name	TJX COMPANIES INC /DE/
Entity Central Index Key	109,198
Current Fiscal Year End Date	--02-02
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	625,202,688

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	May 05, 2018	Apr. 29, 2017
Net sales	$ 8,688,720	$ 7,784,024
Cost of sales, including buying and occupancy costs	6,178,239	5,530,072
Selling, general and administrative expenses	1,550,775	1,411,603
Interest expense, net	4,148	9,841
Income before provision for income taxes	955,558	832,508
Provision for income taxes	239,177	296,229
Net income	$ 716,381	$ 536,279
Basic earnings per share:
Net income	$ 1.14	$ 0.83
Weighted average common shares - basic	626,612	644,425
Diluted earnings per share:
Net income	$ 1.13	$ 0.82
Weighted average common shares - diluted	634,436	654,799
Cash dividends declared per share	$ 0.3900	$ 0.3125

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	May 05, 2018	Apr. 29, 2017
Net income	$ 716,381	$ 536,279
Additions to other comprehensive income:
Foreign currency translation adjustments, net of related tax benefit	(122,529)	(5,247)
Gain on net investment hedges, net of related tax provision of $2,201 in fiscal 2019	6,044
Reclassifications from other comprehensive income to net income:
Amortization of prior service cost and deferred gains, net of related tax provisions	2,608	3,868
Amortization of loss on cash flow hedge, net of related tax provisions	206	171
Other comprehensive (loss), net of tax	(113,671)	(1,208)
Total comprehensive income	$ 602,710	$ 535,071

Consolidated Statements of Com4

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	May 05, 2018	Apr. 29, 2017	Feb. 03, 2018
Foreign currency translation adjustments, related tax benefit	$ (1,206)	$ (20,543)	$ 36,929
Gain on net investment hedges, related tax provision	2,201
Amortization of prior service cost and deferred gains, tax provisions	1,328	2,543
Amortization of loss on cash flow hedge, net of related tax provisions	$ 77	$ 112	$ 438

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
Current assets:
Cash and cash equivalents	$ 2,681,105	$ 2,758,477	$ 2,669,495
Short-term investments	435,903	506,165	457,091
Accounts receivable, net	368,314	327,166	317,224
Merchandise inventories	4,369,893	4,187,243	3,736,114
Prepaid expenses and other current assets	567,060	706,676	368,576
Total current assets	8,422,275	8,485,727	7,548,500
Net property at cost	5,026,092	5,006,053	4,601,044
Non-current deferred income taxes, net	3,178	6,558	6,347
Goodwill	98,614	100,069	195,585
Other assets	456,965	459,608	412,005
TOTAL ASSETS	14,007,124	14,058,015	12,763,481
Current liabilities:
Accounts payable	2,509,089	2,488,373	2,174,727
Accrued expenses and other current liabilities	2,220,842	2,522,961	2,021,724
Federal, state and foreign income taxes payable	246,933	114,203	408,941
Total current liabilities	4,976,864	5,125,537	4,605,392
Other long-term liabilities	1,275,843	1,320,505	1,071,526
Non-current deferred income taxes, net	260,649	233,057	304,689
Long-term debt	2,231,360	2,230,607	2,228,351
Commitments and contingencies (See Note K)
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 625,202,688; 628,009,022 and 643,276,269 respectively	625,203	628,009	643,276
Additional paid-in capital	0	0	0
Accumulated other comprehensive (loss)	(555,530)	(441,859)	(695,434)
Retained earnings	5,192,735	4,962,159	4,605,681
Total shareholders' equity	5,262,408	5,148,309	4,553,523
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 14,007,124	$ 14,058,015	$ 12,763,481

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
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	625,202,688	628,009,022	643,276,269
Common stock, shares outstanding	625,202,688	628,009,022	643,276,269

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	May 05, 2018	Apr. 29, 2017
Cash flows from operating activities:
Net income	$ 716,381	$ 536,279
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	192,295	172,485
Loss on property disposals	1,744	1,059
Deferred income tax provision	7,335	8,250
Share-based compensation	24,029	24,051
Changes in assets and liabilities:
(Increase) in accounts receivable	(43,787)	(58,147)
(Increase) in merchandise inventories	(225,187)	(88,558)
(Increase) in taxes recoverable	(2,482)	(1,300)
Decrease in prepaid expenses and other current assets	222,014	20,587
Increase (decrease) in accounts payable	44,037	(56,968)
(Decrease) in accrued expenses and other liabilities	(318,544)	(307,228)
Increase in income taxes payable	133,663	202,811
Other	(26,613)	(4,887)
Net cash provided by operating activities	724,885	448,434
Cash flows from investing activities:
Property additions	(264,943)	(258,515)
Purchase of investments	(148,239)	(233,166)
Sales and maturities of investments	192,690	289,924
Net cash (used in) investing activities	(220,492)	(201,757)
Cash flows from financing activities:
Cash payments for repurchase of common stock	(395,399)	(349,999)
Proceeds from issuance of common stock	84,561	52,033
Cash dividends paid	(197,296)	(168,566)
Cash payments of employee tax withholdings for performance based stock awards	(16,015)	(16,823)
Other	(1,858)	(759)
Net cash (used in) financing activities	(526,007)	(484,114)
Effect of exchange rate changes on cash	(55,758)	(22,917)
Net (decrease) in cash and cash equivalents	(77,372)	(260,354)
Cash and cash equivalents at beginning of year	2,758,477	2,929,849
Cash and cash equivalents at end of period	$ 2,681,105	$ 2,669,495

Consolidated Statement of Share

Consolidated Statement of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings
Beginning Balance at Jan. 28, 2017				$ (694,226)
Net income	$ 536,279
Other comprehensive income (loss), net of tax	(1,208)
Ending balance at Apr. 29, 2017	$ 4,553,523
Ending balance (Shares) at Apr. 29, 2017	643,276,269
Beginning Balance at Feb. 03, 2018	$ 5,148,309	$ 628,009		(441,859)	$ 4,962,159
Beginning Balance (Shares) at Feb. 03, 2018	628,009,022	628,009
Net income	$ 716,381				716,381
Cumulative effect of accounting change	58,712				58,712
Other comprehensive income (loss), net of tax	(113,671)			(113,671)
Cash dividends declared on common stock	(244,500)				(244,500)
Recognition of share-based compensation	24,029		$ 24,029
Issuance of common stock under Stock Incentive Plan, net of shares used to pay tax withholdings	68,547	$ 2,043	66,504
Issuance of common stock under Stock Incentive Plan, net of shares used to pay tax withholdings (Shares)		2,043
Common stock repurchased and retired	(395,399)	$ (4,849)	$ (90,533)		(300,017)
Common stock repurchased and retired (Shares)		(4,849)
Ending balance at May. 05, 2018	$ 5,262,408	$ 625,203		$ (555,530)	$ 5,192,735
Ending balance (Shares) at May. 05, 2018	625,202,688	625,203

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	3 Months Ended
	May 05, 2018
Basis of Presentation and Summary of Significant Accounting Policies	Note A. Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation The Consolidated Financial Statements and Notes thereto have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. These Consolidated Financial Statements and Notes are unaudited and, in the opinion of management, reflect all normal recurring adjustments, accruals and deferrals among periods required to match costs properly with the related revenue or activity, considered necessary by The TJX Companies, Inc. (together with its subsidiaries, “TJX”) for a fair statement of its financial statements for the periods reported, all in conformity with GAAP consistently applied. The Consolidated Financial Statements and Notes thereto should be read in conjunction with the audited consolidated financial statements, including the related notes, contained in TJX’s Annual Report on Form 10-K These interim results are not necessarily indicative of results for the full fiscal year. TJX’s business, in common with the businesses of retailers generally, is subject to seasonal influences, with higher levels of sales and income generally realized in the second half of the year. The February 3, 2018 balance sheet data was derived from audited financial statements, but does not include all disclosures required by GAAP. Fiscal Year TJX’s fiscal year ends on the Saturday nearest to the last day of January of each year. The current fiscal year ends February 2, 2019 (“fiscal 2019”) and is a 52-week 53-week 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, impairment of long-lived assets, goodwill and tradenames, retirement obligations, share-based compensation, casualty insurance, 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 those estimates, and such differences could be material. Summary of Accounting Policies Revenue Recognition TJX adopted Revenue from Contracts with Customers co-branded on-line Other changes relate to the presentation of revenue as certain expenses previously presented as a reduction of revenue are now classified as selling, general and administrative expenses (“SG&A”). The new standard required a change in the presentation of our sales return reserve on the balance sheet, which we previously recorded net of the value of returned merchandise, but will now be presented at gross sales value with an asset established for the value of the merchandise returned. There is no change in the timing or amount of revenue recognized from point of sale at the registers in our stores, which constitutes the majority of the Company’s revenue. Financial results for fiscal periods after the adoption date are presented under ASC 606 while results from prior periods are not adjusted and continue to be reported under the accounting standards in effect for the prior period. We applied ASC 606 only to contracts that were not completed prior to fiscal 2019. Adoption of the new guidance did not have a material impact on our financial condition or results of operations for fiscal period ended May 5, 2018 other than additional disclosure requirements. Net Sales Net sales consist primarily of merchandise sales, which are recorded net of a reserve for estimated returns, any discounts and sales taxes, related to 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 TJX’s co-branded 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. Based on historical experience, we estimate the amount of gift cards and store cards that will not be redeemed and, to the extent allowed by local law, these amounts are amortized into income over the redemption period. In millions May 5, Balance beginning of period $ 406.6 Deferred revenue 330.5 Effect of exchange rates changes on deferred revenue (3.2 ) Revenue recognized (371.8 ) Balance end of period $ 362.1 TJX recognized $372 million in gift card revenue in the first quarter fiscal 2019. 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. Sales Return Reserve Our products are generally sold with a right of return and we may provide other credits or incentives, which are accounted for as variable consideration when estimating the amount of revenue to recognize. We have elected to apply the portfolio practical expedient and will estimate the variable consideration using the expected value method when calculating the returns reserve, as the difference to applying it to the individual contract would not differ materially. Returns will continue to be estimated based on historical experience and will be required to be established and presented at the gross sales value with an asset established for the estimated value of the merchandise returned separate from the refund liability. Liabilities for return allowances are included in “Accrued expenses and other current liabilities” and the offsetting receivable is included in “Prepaid expenses and other current assets” on our consolidated balance sheets. Goodwill 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, as well as 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, the purchase of Sierra Trading Post (“STP”) in fiscal 2013, and the purchase of Trade Secret in fiscal 2016, which was re-branded Amounts in thousands Marmaxx Winners Sierra Trading T.K. Maxx in Total Balance, January 31, 2017 $ 70,027 $ 1,686 $ 97,254 $ 26,904 $ 195,871 Impairment — — (97,254 ) — (97,254 ) Effect of exchange rate changes on goodwill — 98 — 1,354 1,452 Balance, February 3, 2018 70,027 1,784 — 28,258 100,069 Effect of exchange rate changes on goodwill — (58 ) — (1,397 ) (1,455 ) Balance, May 5, 2018 $ 70,027 $ 1,726 $ — $ 26,861 $ 98,614 Goodwill is considered to have an indefinite life and accordingly is not amortized. In the fourth quarter of fiscal 2018, the Company recorded an impairment charge of $99.3 million, which included $97.3 million of STP goodwill and $2.0 million for certain long-lived assets of STP, as the estimated fair value of the STP business fell below its carrying value due to a decrease in projected revenue growth rates. The impairment charge is included within the Marmaxx segment results. Goodwill, and the related impairments if any, are included in the respective operating segment to which they relate. Future Adoption of New Accounting Standards Leases In February 2016, the Financial Accounting Standards Board (“FASB”) issued updated guidance on leases 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. The new standard 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. We plan to adopt this standard in the first quarter of the fiscal year ending February 1, 2020. The Company is in the process of implementing a new lease accounting system and has established a cross-functional team to implement the updated lease guidance. This team is in the process of evaluating our lease portfolio to assess the impact this standard will have on our Consolidated Financial Statements and Notes thereto. The Company expects this standard to have a material impact on its statement of financial condition as it will record a significant asset and liability associated with its more than 4,100 leased locations. We plan to implement the transition package of three practical expedients permitted within the standard, which among other things, allows for the carryforward of historical lease classifications. We expect to make an accounting policy election that will keep leases with a term of 12 months or less off the balance sheet and result in recognizing those lease payments on a straight-line basis over the lease term. As our leases do not provide an implicit rate, we plan to use our incremental borrowing rate based on information available at commencement date to determine the present value of future payments. The Company has determined that the initial lease term will not differ under the new standard versus current accounting practice, and therefore the income statement impact of the new standard is not expected to be material. Hedging Activities In August 2017, the FASB issued updated guidance on hedge accounting. The updates allow hedge accounting for new types of interest rate hedges of financial instruments and simplify the documentation requirements to qualify for hedge accounting. In addition, any gain or loss from hedge ineffectiveness will be reported in the same income statement line with the effective hedge results and the hedged transaction. The updated guidance is effective for annual reporting periods beginning after December 15, 2018, and early adoption is permitted. The Company has not yet determined the timing for adoption or estimated the effect on the Company’s consolidated financial statements. Income Statement – Reporting Comprehensive Income In February 2018, the FASB issued updated guidance related to reporting comprehensive income. The updated guidance allows for a one-time Recently Adopted Accounting Standards Revenue Recognition See Revenue Recognition in this Note A for the impact upon adoption. Cash Flows In the first quarter of fiscal 2019, TJX adopted a pronouncement that addresses differences in the way certain cash receipts and cash payments are presented in the statement of cash flows. The new guidance provides clarity around the cash flow classification for eight specific issues in an effort to reduce the current and potential future differences in practice. The standard did not have a material impact on our consolidated statements of cash flows. Retirement Benefits In the first quarter of fiscal 2019, TJX adopted a pronouncement related to retirement benefits, which requires that an employer report the service cost component of net periodic pension and net periodic post retirement cost in the same line item as other compensation costs arising from services rendered by the employees during the period. It also requires the other components of net periodic pension and net periodic postretirement benefit cost to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if such a subtotal is presented. The amendments in this update were applied retrospectively for the presentation of the service cost component and the other components of net periodic pension cost and net periodic postretirement benefit cost in the income statement. The impact to prior periods was immaterial. As a result of the adoption, for the three months ended May 5, 2018, service costs are recorded in the same line items as other compensation costs and non-service Income Taxes In the first quarter of fiscal 2019, TJX adopted ASU 2018-05

Property at Cost

Property at Cost	3 Months Ended
	May 05, 2018
Property at Cost	Note B. Property at Cost The following table presents the components of property at cost: In thousands May 5, 2018 February 3, April 29, Land and buildings $ 1,377,854 $ 1,355,777 $ 1,255,710 Leasehold costs and improvements 3,245,902 3,254,830 2,962,697 Furniture, fixtures and equipment 5,455,039 5,357,701 5,019,753 Total property at cost $ 10,078,795 $ 9,968,308 $ 9,238,160 Less accumulated depreciation and amortization 5,052,703 4,962,255 4,637,116 Net property at cost $ 5,026,092 $ 5,006,053 $ 4,601,044 Depreciation expense was $193.7 million for the three months ended May 5, 2018 and $172.6 for the three months ended April 29, 2017. Depreciation expense was $726.0 million for the twelve months ended February 3, 2018.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	May 05, 2018
Accumulated Other Comprehensive Income (Loss)	Note C. Accumulated Other Comprehensive Income (Loss) Amounts included in accumulated other comprehensive income (loss) are recorded net of taxes. The following table details the changes in accumulated other comprehensive income (loss) for the three months ended May 5, 2018: In thousands Foreign Deferred Cash Net Accumulated Balance, January 28, 2017 $ (491,803 ) $ (199,481 ) $ (2,942 ) $ — $ (694,226 ) Foreign currency translation adjustments (net of taxes of $36,929) 211,752 — — — 211,752 Recognition of net gains/losses on benefit obligations (net of taxes of $8,989) — 24,691 — — 24,691 Amortization of loss on cash flow hedge (net of taxes of $438) — — 696 — 696 Amortization of prior service cost and deferred gains/losses (net of taxes of $9,592) — 15,228 — — 15,228 Balance, February 3, 2018 $ (280,051 ) $ (159,562 ) $ (2,246 ) $ — $ (441,859 ) Additions to other comprehensive income: Foreign currency translation adjustments (net of tax benefit of $1,206) (122,529 ) — — — (122,529 ) Net investment hedges (net of taxes of $2,201) — — — 6,044 6,044 Reclassifications from other comprehensive income to net income: Amortization of prior service cost and deferred gains (net of taxes of $1,328) — 2,608 — — 2,608 Amortization of loss on cash flow hedge (net of taxes of $77) — — 206 — 206 Balance, May 5, 2018 $ (402,580 ) $ (156,954 ) $ (2,040 ) $ 6,044 $ (555,530 )

Capital Stock and Earnings Per

Capital Stock and Earnings Per Share	3 Months Ended
	May 05, 2018
Capital Stock and Earnings Per Share	Note D. Capital Stock and Earnings Per Share Capital Stock TJX repurchased and retired 4.9 million shares of its common stock at a cost of $400.0 million during the quarter ended May 5, 2018, on a “trade date” basis. TJX reflects stock repurchases in its financial statements on a “settlement date” or cash basis. TJX had cash expenditures under repurchase programs of $395.4 million for the three months ended May 5, 2018, and $350.0 million for the three months ended April 29, 2017. These expenditures were funded by cash generated from operations. In February 2018, TJX announced that its Board of Directors had approved an additional stock repurchase program that authorized the repurchase of up to $3.0 billion of TJX common stock from time to time, all of which remained available at May 5, 2018. In February 2017, TJX announced that its Board of Directors had approved an additional stock repurchase program that authorized the repurchase of up to $1.0 billion of TJX common stock from time to time. Under this program, on a “trade date” basis through May 5, 2018, TJX repurchased 3.2 million shares of common stock at a cost of $264.2 million. As of May 5, 2018, TJX had $3.7 billion available under previously announced stock repurchase programs. All shares repurchased under the stock repurchase programs have been retired. Earnings Per Share The following tables present the calculation of basic and diluted earnings per share (“EPS”) for net income: Thirteen Weeks Ended In thousands, except per share data May 5, April 29, Basic earnings per share Net income $ 716,381 $ 536,279 Weighted average common shares outstanding for basic EPS 626,612 644,425 Basic earnings per share $ 1.14 $ 0.83 Diluted earnings per share Net income $ 716,381 $ 536,279 Shares for basic and diluted earnings per share calculations: Weighted average common shares outstanding for basic EPS 626,612 644,425 Assumed exercise/vesting of: Stock options and awards 7,824 10,374 Weighted average common shares outstanding for diluted EPS 634,436 654,799 Diluted earnings per share $ 1.13 $ 0.82 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 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 8.6 million such options excluded for the thirteen weeks ended May 5, 2018. There were 8.0 million such options excluded for the thirteen weeks ended April 29, 2017.

Financial Instruments

Financial Instruments	3 Months Ended
	May 05, 2018
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. 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 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, Diesel Fuel Contracts TJX hedges portions of its estimated notional diesel requirements based on the diesel fuel expected to be consumed by independent freight carriers transporting TJX’s inventory. Independent freight carriers transporting TJX’s inventory charge TJX a mileage surcharge based on the price of diesel fuel. The hedge agreements are designed to mitigate the volatility of diesel fuel pricing (and the resulting per mile surcharges payable by TJX) by setting a fixed price per gallon for the period being hedged. During fiscal 2018, TJX entered into agreements to hedge a portion of its estimated notional diesel requirements for fiscal 2019, and during the first three months of fiscal 2019, TJX entered into agreements to hedge a portion of its estimated notional diesel requirements for the first three months of fiscal 2020. The hedge agreements outstanding at May 5, 2018 relate to approximately 50% of TJX’s estimated notional diesel requirements for the remainder of fiscal 2019 and approximately 45% of TJX’s estimated notional diesel requirements for the first three months of fiscal 2020. These diesel fuel hedge agreements will settle throughout the remainder of fiscal 2019 and throughout the first four months of fiscal 2020. TJX elected not to apply hedge accounting rules 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 TJX International (United Kingdom, Ireland, Germany, Poland, Austria, The Netherlands and Australia), TJX Canada (Canada), Marmaxx (U.S.) and HomeGoods (U.S.) in currencies other than their respective functional currencies. These contracts typically have a term of twelve months or less. The contracts outstanding at May 5, 2018 cover a portion of such actual and anticipated merchandise purchases throughout the remainder of fiscal 2019 and throughout the first quarter of fiscal 2020. Additionally, TJX’s operations in Europe are subject to foreign currency exposure as a result of their buying function being centralized in the United Kingdom. All merchandise is purchased centrally in the U.K. and then shipped and billed to the retail entities in other countries. This intercompany billing to TJX’s European businesses’ Euro denominated operations creates exposure to the central buying entity for changes in the exchange rate between the Euro and British Pound. The inflow of Euros to the central buying entity provides a natural hedge for merchandise purchased from third-party vendors that is denominated in Euros. However, with the growth of TJX’s Euro denominated retail operations, the intercompany billings committed to the Euro denominated operations is generating Euros in excess of those needed to meet merchandise commitments to outside vendors. TJX calculates this excess Euro exposure each month and enters into forward contracts of approximately 30 days duration to mitigate the exposure. TJX elected not to apply hedge accounting rules to these contracts. 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. TJX periodically reviews its net investments in foreign subsidiaries. During the fiscal quarter ended May 5, 2018, TJX entered into net investment hedge contracts related to a portion of its investment in TJX Canada. These contracts will settle throughout the second quarter of fiscal 2019. TJX elected to apply hedge accounting rules to these contracts. The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at May 5, 2018: In thousands Pay Receive Blended Balance Sheet Current Asset Current Net Fair Fair value hedges: Intercompany balances, primarily debt and related interest zł 67,000 £ 14,035 0.2095 Prepaid Exp $ 247 $ — $ 247 € 53,950 £ 47,868 0.8873 (Accrued Exp) — (252 ) (252 ) £ 30,000 C$ 54,038 1.8013 Prepaid Exp 1,256 $ — 1,256 U.S.$ 77,079 £ 55,000 0.7136 (Accrued Exp) — (1,771 ) (1,771 ) Net Investment Hedges: C$ 1,710,000 U.S.$ 1,341,426 0.7845 Prepaid Exp / (Accrued Exp) 9,808 (1,563 ) 8,245 Economic hedges for which hedge accounting was not elected: Diesel contracts Fixed on 2.2M – Float on 2.2M – 3.0M N/A Prepaid Exp 10,249 — 10,249 Intercompany billings in Europe, primarily merchandise related € 50,000 £ 43,340 0.8668 (Accrued Exp) — (1,205 ) (1,205 ) Merchandise purchase commitments C$ 518,624 U.S.$ 409,350 0.7893 Prepaid Exp / (Accrued Exp) 5,322 (422 ) 4,900 C$ 25,760 € 16,500 0.6405 Prepaid Exp / (Accrued Exp) 82 (360 ) (278 ) £ 333,666 U.S.$ 469,400 1.4068 Prepaid Exp / (Accrued Exp) 15,418 (594 ) 14,824 A$ 30,728 U.S.$ 23,772 0.7736 Prepaid Exp / (Accrued Exp) 602 (30 ) 572 zł 299,988 £ 62,531 0.2084 Prepaid Exp / (Accrued Exp) 560 (235 ) 325 U.S.$ 41,644 € 33,611 0.8071 Prepaid Exp / (Accrued Exp) 23 (1,243 ) (1,220 ) Total fair value of derivative financial instruments $ 43,567 $ (7,675 ) $ 35,892 The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at February 3, 2018: In thousands Pay Receive Blended Balance Sheet Current Current Net Fair Fair value hedges: Intercompany balances, primarily debt and related interest zł 67,000 £ 14,035 0.2095 (Accrued Exp) $ — $ (45 ) $ (45 ) € 51,950 £ 46,095 0.8873 (Accrued Exp) — (318 ) (318 ) U.S.$ 77,079 £ 55,000 0.7136 Prepaid Exp 1,636 — 1,636 Economic hedges for which hedge accounting was not elected: Diesel contracts Fixed on 2.2M – 3.0M Float on N/A Prepaid Exp 7,854 — 7,854 Intercompany billings in TJX Europe, primarily merchandise related € 26,000 £ 22,948 0.8826 (Accrued Exp) — (2 ) (2 ) Merchandise purchase commitments C$ 462,464 U.S.$ 367,200 0.7940 Prepaid Exp / 49 (5,478 ) (5,429 ) C$ 22,562 € 15,000 0.6648 Prepaid Exp 557 — 557 £ 176,911 U.S.$ 238,000 1.3453 Prepaid Exp / 173 (12,838 ) (12,665 ) zł 288,646 £ 60,023 0.2079 (Accrued Exp) — (1,303 ) (1,303 ) A$ 28,635 U.S.$ 22,230 0.7763 Prepaid Exp / 43 (573 ) (530 ) U.S.$ 44,223 € 36,950 0.8355 Prepaid Exp 1,905 — 1,905 Total fair value of financial instruments $ 12,217 $ (20,557 ) $ (8,340 ) The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at April 29, 2017: In thousands Pay Receive Blended Balance Sheet Current Current Net Fair Value Fair value hedges: Intercompany balances, primarily debt and related interest zł 67,000 £ 13,000 0.1940 (Accrued Exp) $ — $ (292 ) $ (292 ) € 66,000 £ 57,048 0.8644 Prepaid Exp 1,565 — 1,565 U.S.$ 68,445 £ 55,000 0.8036 Prepaid Exp 3,319 — 3,319 A$ 10,000 $ 5,799 0.5799 Prepaid Exp 60 — 60 Economic hedges for which hedge accounting was not elected: Diesel contracts Fixed on Float on N/A (Accrued Exp) — (1,585 ) (1,585 ) Intercompany billings in Europe, primarily merchandise related € 85,000 £ 72,765 0.8561 Prepaid Exp 1,546 — 1,546 Merchandise purchase commitments C$ 521,997 U.S.$ 394,800 0.7563 Prepaid Exp 11,755 — 11,755 C$ 24,743 € 17,500 0.7073 Prepaid Exp 953 — 953 £ 209,383 U.S.$ 263,000 1.2561 (Accrued Exp) — (8,919 ) (8,919 ) A$ 17,940 U.S.$ 13,573 0.7566 Prepaid Exp / 162 (19 ) 143 zł 269,048 £ 52,774 0.1962 Prepaid Exp / 411 (1,243 ) (832 ) U.S.$ 36,314 € 33,862 0.9325 Prepaid Exp 683 — 683 Total fair value of financial instruments $ 20,454 $ (12,058 ) $ 8,396 Presented below is the impact of derivative financial instruments on the statements of income for the periods shown: Amount of Gain (Loss) Recognized in Income by Derivative Thirteen Weeks Ended In thousands Location of Gain (Loss) Recognized in Income by Derivative May 5, 2018 April 29, 2017 Fair value hedges: Intercompany balances, primarily debt and related interest Selling, general and administrative expenses $(1,792) $3,225 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Cost of sales, including buying and occupancy costs 4,953 (3,323) Intercompany billings in Europe, primarily merchandise related Cost of sales, including buying and occupancy costs (118) 1,601 Merchandise purchase commitments Cost of sales, including buying and occupancy costs 31,457 9,933 Gain recognized in income $34,500 $11,436

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	May 05, 2018
Fair Value Measurements	Note F. Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date or “exit price.” The inputs used to measure fair value are generally classified into the following hierarchy: Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities Level 2: Unadjusted quoted prices in active markets for similar assets or liabilities, or unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or inputs other than quoted prices that are observable for the asset or liability Level 3: Unobservable inputs for the asset or liability The following table sets forth TJX’s financial assets and liabilities that are accounted for at fair value on a recurring basis: In thousands May 5, February 3, April 29, Level 1 Assets: Executive Savings Plan investments $ 248,640 $ 249,045 $ 213,260 Level 2 Assets: Short-term investments $ 435,903 $ 506,165 $ 457,091 Foreign currency exchange contracts 33,318 4,363 20,454 Diesel fuel contracts 10,249 7,854 — Liabilities: Foreign currency exchange contracts $ 7,675 $ 20,557 $ 10,473 Diesel fuel contracts — — 1,585 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 May 5, 2018 was $2.12 billion compared to a carrying value of $2.23 billion. The fair value of long-term debt as of February 3, 2018 was $2.16 billion compared to a carrying value of $2.23 billion. The fair value of long-term debt as of April 29, 2017 was $2.20 billion compared to a carrying value of $2.23 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	3 Months Ended
	May 05, 2018
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 (HomeGoods and Homesense) 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. TJX also operates STP, an off-price 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 Presented below is financial information with respect to TJX’s business segments: Thirteen Weeks Ended In thousands May 5, April 29, Net sales: In the United States: Marmaxx $ 5,380,918 $ 4,967,135 HomeGoods 1,269,331 1,121,269 TJX Canada 853,836 738,771 TJX International 1,184,635 956,849 $ 8,688,720 $ 7,784,024 Segment profit: In the United States: Marmaxx $ 750,456 $ 687,165 HomeGoods 147,360 152,092 TJX Canada 125,184 102,880 TJX International 40,826 6,860 1,063,826 948,997 General corporate expense 104,120 106,648 Interest expense, net 4,148 9,841 Income before provision for income taxes $ 955,558 $ 832,508

Pension Plans and Other Retirem

Pension Plans and Other Retirement Benefits	3 Months Ended
	May 05, 2018
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 In thousands May 5, April 29, May 5, April 29, Service cost $ 11,613 $ 11,805 $ 611 $ 588 Interest cost 13,965 13,759 853 843 Expected return on plan assets (20,962 ) (17,382 ) — — Recognized actuarial losses 3,114 5,580 821 831 Total expense $ 7,730 $ 13,762 $ 2,285 $ 2,262 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. We do not anticipate any required funding in fiscal 2019 for the funded plan. We anticipate making contributions of $2.5 million to provide current benefits coming due under the unfunded plan in fiscal 2019. 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.

Long-Term Debt and Credit Lines

Long-Term Debt and Credit Lines	3 Months Ended
	May 05, 2018
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 May 5, 2018, February 3, 2018 and April 29, 2017. All amounts are net of unamortized debt discounts. In thousands May 5, February 3, April 29, General corporate debt: 2.50% senior unsecured notes, maturing May 15, 2023 (effective interest rate of 2.51% after reduction of unamortized debt discount of $223 at May 5, 2018, $234 at February 3, 2018 and $267 at April 29, 2017) $ 499,777 $ 499,766 $ 499,733 2.75% senior unsecured notes, maturing June 15, 2021 (effective interest rate of 2.76% after reduction of unamortized debt discount of $231 at May 5, 2018, $250 at February 3, 2018 and $306 at April 29, 2017) 749,769 749,750 749,694 2.25% senior unsecured notes, maturing September 15, 2026 (effective interest rate of 2.32% after reduction of unamortized debt discount of $6,217 at May 5, 2018, $6,403 at February 3, 2018 and $6,963 at April 29, 2017) 993,783 993,597 993,037 Debt issuance cost (11,969 ) (12,506 ) (14,113 ) Long-term debt $ 2,231,360 $ 2,230,607 $ 2,228,351 As of May 5, 2018, February 3, 2018 and April 29, 2017, TJX had two $500 million revolving credit facilities, one which matures in March 2020 and one which matures in March 2022. The terms and covenants under the revolving credit facilities 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 will vary with specified changes in the credit ratings. These agreements have no compensating balance requirements and have various covenants. Each of these facilities require TJX to maintain a ratio of funded debt and four-times consolidated rentals to consolidated earnings before interest, taxes, consolidated rentals, depreciation and amortization (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 the end of all periods presented. As of May 5, 2018, February 3, 2018 and April 29, 2017, and during the quarters then ended, there were no amounts outstanding under these facilities. As of May 5, 2018, February 3, 2018 and April 29, 2017, 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 May 5, 2018, February 3, 2018 and April 29, 2017, there were no amounts outstanding on the Canadian credit line for operating expenses. As of May 5, 2018, February 3, 2018 and April 29, 2017, our European business at TJX International had an uncommitted credit line of £5 million. As of May 5, 2018, February 3, 2018 and April 29, 2017, and during the quarters and year then ended, there were no amounts outstanding on the European credit line.

Income Taxes

Income Taxes	3 Months Ended
	May 05, 2018
Income Taxes	Note J. Income Taxes The effective income tax rate was 25.0% for the first quarter of fiscal 2019 and 35.6% for the fiscal 2018 first quarter. The decrease in the effective income tax rate was primarily due to the reduction of the U.S. federal corporate tax rate to 21% as a result of the 2017 Tax Act and the jurisdictional mix of income. Under ASU 2018-05, we have accounted for the impacts of the 2017 Tax Act to the extent a reasonable estimate could be made and we recognized provisional amounts related to the deemed repatriation tax, offset by the re-measurement TJX had net unrecognized tax benefits of $58.7 million as of May 5, 2018, $57.3 million as of February 3, 2018 and $39.0 million as of April 29, 2017. 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 2008 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 $12.5 million as of May 5, 2018, $11.9 million as of February 3, 2018 and $8.0 million as of April 29, 2017. 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 $22 million.

Contingent Obligations and Cont

Contingent Obligations and Contingencies	3 Months Ended
	May 05, 2018
Contingent Obligations and Contingencies	Note K. Contingent Obligations and Contingencies Contingent Obligations TJX has contingent obligations on leases, for which it was a lessee or guarantor, which were assigned to third parties without TJX being released by the landlords. Over many years, TJX has assigned numerous leases that it had originally leased or guaranteed to a significant number of third parties. With the exception of leases of former businesses for which TJX has reserved, the Company has rarely had a claim with respect to assigned leases, and accordingly, the Company does not expect that such leases will have a material adverse impact on its financial condition, results of operations or cash flows. TJX does not generally have sufficient information about these leases to estimate our potential contingent obligations under them, which could be triggered in the event that one or more of the current tenants does not fulfill their obligations related to one or more of these leases. TJX may also be contingently liable on up to eight leases of former TJX businesses, for which we believe the likelihood of future liability to TJX is remote, and 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 $46.4 million as of May 5, 2018. 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 certain losses related to matters such as title to assets sold, specified environmental matters or certain income taxes. These obligations are often limited in time and amount. There are no amounts reflected in our balance sheets with respect to these contingent obligations. Contingencies TJX is subject to certain legal proceedings, lawsuits, disputes and claims that arise from time to time in the ordinary course of our business. In addition, TJX is a defendant in several lawsuits filed in federal and state courts brought as putative class or collective actions on behalf of various groups of current and former salaried and hourly associates in the U.S. The lawsuits allege violations of the Fair Labor Standards Act and of state wage and hour and other labor statutes. TJX is also a defendant in a putative class action on behalf of customers relating to TJX’s compare at pricing. The lawsuits are in various procedural stages and seek monetary damages, injunctive relief and attorneys’ fees. In connection with ongoing litigation, an immaterial amount has been accrued in the accompanying financial statements.

Basis of Presentation and Sum20

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	May 05, 2018
Basis of Presentation	Basis of Presentation The Consolidated Financial Statements and Notes thereto have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. These Consolidated Financial Statements and Notes are unaudited and, in the opinion of management, reflect all normal recurring adjustments, accruals and deferrals among periods required to match costs properly with the related revenue or activity, considered necessary by The TJX Companies, Inc. (together with its subsidiaries, “TJX”) for a fair statement of its financial statements for the periods reported, all in conformity with GAAP consistently applied. The Consolidated Financial Statements and Notes thereto should be read in conjunction with the audited consolidated financial statements, including the related notes, contained in TJX’s Annual Report on Form 10-K These interim results are not necessarily indicative of results for the full fiscal year. TJX’s business, in common with the businesses of retailers generally, is subject to seasonal influences, with higher levels of sales and income generally realized in the second half of the year. The February 3, 2018 balance sheet data was derived from audited financial statements, but does not include all disclosures required by GAAP.
Fiscal Year	Fiscal Year TJX’s fiscal year ends on the Saturday nearest to the last day of January of each year. The current fiscal year ends February 2, 2019 (“fiscal 2019”) and is a 52-week 53-week
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, impairment of long-lived assets, goodwill and tradenames, retirement obligations, share-based compensation, casualty insurance, 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 those estimates, and such differences could be material.
Revenue Recognition	Revenue Recognition TJX adopted Revenue from Contracts with Customers co-branded on-line Other changes relate to the presentation of revenue as certain expenses previously presented as a reduction of revenue are now classified as selling, general and administrative expenses (“SG&A”). The new standard required a change in the presentation of our sales return reserve on the balance sheet, which we previously recorded net of the value of returned merchandise, but will now be presented at gross sales value with an asset established for the value of the merchandise returned. There is no change in the timing or amount of revenue recognized from point of sale at the registers in our stores, which constitutes the majority of the Company’s revenue. Financial results for fiscal periods after the adoption date are presented under ASC 606 while results from prior periods are not adjusted and continue to be reported under the accounting standards in effect for the prior period. We applied ASC 606 only to contracts that were not completed prior to fiscal 2019. Adoption of the new guidance did not have a material impact on our financial condition or results of operations for fiscal period ended May 5, 2018 other than additional disclosure requirements.
Net Sales	Net Sales Net sales consist primarily of merchandise sales, which are recorded net of a reserve for estimated returns, any discounts and sales taxes, related to 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 TJX’s co-branded
Deferred Gift Card Revenue	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. Based on historical experience, we estimate the amount of gift cards and store cards that will not be redeemed and, to the extent allowed by local law, these amounts are amortized into income over the redemption period. In millions May 5, Balance beginning of period $ 406.6 Deferred revenue 330.5 Effect of exchange rates changes on deferred revenue (3.2 ) Revenue recognized (371.8 ) Balance end of period $ 362.1 TJX recognized $372 million in gift card revenue in the first quarter fiscal 2019. 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.
Sales Return Reserve	Sales Return Reserve Our products are generally sold with a right of return and we may provide other credits or incentives, which are accounted for as variable consideration when estimating the amount of revenue to recognize. We have elected to apply the portfolio practical expedient and will estimate the variable consideration using the expected value method when calculating the returns reserve, as the difference to applying it to the individual contract would not differ materially. Returns will continue to be estimated based on historical experience and will be required to be established and presented at the gross sales value with an asset established for the estimated value of the merchandise returned separate from the refund liability. Liabilities for return allowances are included in “Accrued expenses and other current liabilities” and the offsetting receivable is included in “Prepaid expenses and other current assets” on our consolidated balance sheets.
Goodwill	Goodwill 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, as well as 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, the purchase of Sierra Trading Post (“STP”) in fiscal 2013, and the purchase of Trade Secret in fiscal 2016, which was re-branded Amounts in thousands Marmaxx Winners Sierra Trading T.K. Maxx in Total Balance, January 31, 2017 $ 70,027 $ 1,686 $ 97,254 $ 26,904 $ 195,871 Impairment — — (97,254 ) — (97,254 ) Effect of exchange rate changes on goodwill — 98 — 1,354 1,452 Balance, February 3, 2018 70,027 1,784 — 28,258 100,069 Effect of exchange rate changes on goodwill — (58 ) — (1,397 ) (1,455 ) Balance, May 5, 2018 $ 70,027 $ 1,726 $ — $ 26,861 $ 98,614 Goodwill is considered to have an indefinite life and accordingly is not amortized. In the fourth quarter of fiscal 2018, the Company recorded an impairment charge of $99.3 million, which included $97.3 million of STP goodwill and $2.0 million for certain long-lived assets of STP, as the estimated fair value of the STP business fell below its carrying value due to a decrease in projected revenue growth rates. The impairment charge is included within the Marmaxx segment results. Goodwill, and the related impairments if any, are included in the respective operating segment to which they relate.
Future Adoption of New Accounting Standards	Future Adoption of New Accounting Standards Leases In February 2016, the Financial Accounting Standards Board (“FASB”) issued updated guidance on leases 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. The new standard 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. We plan to adopt this standard in the first quarter of the fiscal year ending February 1, 2020. The Company is in the process of implementing a new lease accounting system and has established a cross-functional team to implement the updated lease guidance. This team is in the process of evaluating our lease portfolio to assess the impact this standard will have on our Consolidated Financial Statements and Notes thereto. The Company expects this standard to have a material impact on its statement of financial condition as it will record a significant asset and liability associated with its more than 4,100 leased locations. We plan to implement the transition package of three practical expedients permitted within the standard, which among other things, allows for the carryforward of historical lease classifications. We expect to make an accounting policy election that will keep leases with a term of 12 months or less off the balance sheet and result in recognizing those lease payments on a straight-line basis over the lease term. As our leases do not provide an implicit rate, we plan to use our incremental borrowing rate based on information available at commencement date to determine the present value of future payments. The Company has determined that the initial lease term will not differ under the new standard versus current accounting practice, and therefore the income statement impact of the new standard is not expected to be material. Hedging Activities In August 2017, the FASB issued updated guidance on hedge accounting. The updates allow hedge accounting for new types of interest rate hedges of financial instruments and simplify the documentation requirements to qualify for hedge accounting. In addition, any gain or loss from hedge ineffectiveness will be reported in the same income statement line with the effective hedge results and the hedged transaction. The updated guidance is effective for annual reporting periods beginning after December 15, 2018, and early adoption is permitted. The Company has not yet determined the timing for adoption or estimated the effect on the Company’s consolidated financial statements. Income Statement – Reporting Comprehensive Income In February 2018, the FASB issued updated guidance related to reporting comprehensive income. The updated guidance allows for a one-time Recently Adopted Accounting Standards Revenue Recognition See Revenue Recognition in this Note A for the impact upon adoption. Cash Flows In the first quarter of fiscal 2019, TJX adopted a pronouncement that addresses differences in the way certain cash receipts and cash payments are presented in the statement of cash flows. The new guidance provides clarity around the cash flow classification for eight specific issues in an effort to reduce the current and potential future differences in practice. The standard did not have a material impact on our consolidated statements of cash flows. Retirement Benefits In the first quarter of fiscal 2019, TJX adopted a pronouncement related to retirement benefits, which requires that an employer report the service cost component of net periodic pension and net periodic post retirement cost in the same line item as other compensation costs arising from services rendered by the employees during the period. It also requires the other components of net periodic pension and net periodic postretirement benefit cost to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if such a subtotal is presented. The amendments in this update were applied retrospectively for the presentation of the service cost component and the other components of net periodic pension cost and net periodic postretirement benefit cost in the income statement. The impact to prior periods was immaterial. As a result of the adoption, for the three months ended May 5, 2018, service costs are recorded in the same line items as other compensation costs and non-service Income Taxes In the first quarter of fiscal 2019, TJX adopted ASU 2018-05

Basis of Presentation and Sum21

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	3 Months Ended
	May 05, 2018
Roll Forward of Goodwill by Component	The following is a roll forward of goodwill by component: Amounts in thousands Marmaxx Winners Sierra Trading T.K. Maxx in Total Balance, January 31, 2017 $ 70,027 $ 1,686 $ 97,254 $ 26,904 $ 195,871 Impairment — — (97,254 ) — (97,254 ) Effect of exchange rate changes on goodwill — 98 — 1,354 1,452 Balance, February 3, 2018 70,027 1,784 — 28,258 100,069 Effect of exchange rate changes on goodwill — (58 ) — (1,397 ) (1,455 ) Balance, May 5, 2018 $ 70,027 $ 1,726 $ — $ 26,861 $ 98,614
Gift Card and Store Card Breakage Revenue
Deferred Gift Card Revenue	In millions May 5, Balance beginning of period $ 406.6 Deferred revenue 330.5 Effect of exchange rates changes on deferred revenue (3.2 ) Revenue recognized (371.8 ) Balance end of period $ 362.1

Property at Cost (Tables)

Property at Cost (Tables)	3 Months Ended
	May 05, 2018
Components of Property at Cost	The following table presents the components of property at cost: In thousands May 5, 2018 February 3, April 29, Land and buildings $ 1,377,854 $ 1,355,777 $ 1,255,710 Leasehold costs and improvements 3,245,902 3,254,830 2,962,697 Furniture, fixtures and equipment 5,455,039 5,357,701 5,019,753 Total property at cost $ 10,078,795 $ 9,968,308 $ 9,238,160 Less accumulated depreciation and amortization 5,052,703 4,962,255 4,637,116 Net property at cost $ 5,026,092 $ 5,006,053 $ 4,601,044

Accumulated Other Comprehensi23

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	May 05, 2018
Changes in Accumulated Other Comprehensive Income (Loss)	The following table details the changes in accumulated other comprehensive income (loss) for the three months ended May 5, 2018: In thousands Foreign Deferred Cash Net Accumulated Balance, January 28, 2017 $ (491,803 ) $ (199,481 ) $ (2,942 ) $ — $ (694,226 ) Foreign currency translation adjustments (net of taxes of $36,929) 211,752 — — — 211,752 Recognition of net gains/losses on benefit obligations (net of taxes of $8,989) — 24,691 — — 24,691 Amortization of loss on cash flow hedge (net of taxes of $438) — — 696 — 696 Amortization of prior service cost and deferred gains/losses (net of taxes of $9,592) — 15,228 — — 15,228 Balance, February 3, 2018 $ (280,051 ) $ (159,562 ) $ (2,246 ) $ — $ (441,859 ) Additions to other comprehensive income: Foreign currency translation adjustments (net of tax benefit of $1,206) (122,529 ) — — — (122,529 ) Net investment hedges (net of taxes of $2,201) — — — 6,044 6,044 Reclassifications from other comprehensive income to net income: Amortization of prior service cost and deferred gains (net of taxes of $1,328) — 2,608 — — 2,608 Amortization of loss on cash flow hedge (net of taxes of $77) — — 206 — 206 Balance, May 5, 2018 $ (402,580 ) $ (156,954 ) $ (2,040 ) $ 6,044 $ (555,530 )

Capital Stock and Earnings Pe24

Capital Stock and Earnings Per Share (Tables)	3 Months Ended
	May 05, 2018
Earnings Per Share	The following tables present the calculation of basic and diluted earnings per share (“EPS”) for net income: Thirteen Weeks Ended In thousands, except per share data May 5, April 29, Basic earnings per share Net income $ 716,381 $ 536,279 Weighted average common shares outstanding for basic EPS 626,612 644,425 Basic earnings per share $ 1.14 $ 0.83 Diluted earnings per share Net income $ 716,381 $ 536,279 Shares for basic and diluted earnings per share calculations: Weighted average common shares outstanding for basic EPS 626,612 644,425 Assumed exercise/vesting of: Stock options and awards 7,824 10,374 Weighted average common shares outstanding for diluted EPS 634,436 654,799 Diluted earnings per share $ 1.13 $ 0.82

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
	May 05, 2018
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 May 5, 2018: In thousands Pay Receive Blended Balance Sheet Current Asset Current Net Fair Fair value hedges: Intercompany balances, primarily debt and related interest zł 67,000 £ 14,035 0.2095 Prepaid Exp $ 247 $ — $ 247 € 53,950 £ 47,868 0.8873 (Accrued Exp) — (252 ) (252 ) £ 30,000 C$ 54,038 1.8013 Prepaid Exp 1,256 $ — 1,256 U.S.$ 77,079 £ 55,000 0.7136 (Accrued Exp) — (1,771 ) (1,771 ) Net Investment Hedges: C$ 1,710,000 U.S.$ 1,341,426 0.7845 Prepaid Exp / (Accrued Exp) 9,808 (1,563 ) 8,245 Economic hedges for which hedge accounting was not elected: Diesel contracts Fixed on 2.2M – Float on 2.2M – 3.0M N/A Prepaid Exp 10,249 — 10,249 Intercompany billings in Europe, primarily merchandise related € 50,000 £ 43,340 0.8668 (Accrued Exp) — (1,205 ) (1,205 ) Merchandise purchase commitments C$ 518,624 U.S.$ 409,350 0.7893 Prepaid Exp / (Accrued Exp) 5,322 (422 ) 4,900 C$ 25,760 € 16,500 0.6405 Prepaid Exp / (Accrued Exp) 82 (360 ) (278 ) £ 333,666 U.S.$ 469,400 1.4068 Prepaid Exp / (Accrued Exp) 15,418 (594 ) 14,824 A$ 30,728 U.S.$ 23,772 0.7736 Prepaid Exp / (Accrued Exp) 602 (30 ) 572 zł 299,988 £ 62,531 0.2084 Prepaid Exp / (Accrued Exp) 560 (235 ) 325 U.S.$ 41,644 € 33,611 0.8071 Prepaid Exp / (Accrued Exp) 23 (1,243 ) (1,220 ) Total fair value of derivative financial instruments $ 43,567 $ (7,675 ) $ 35,892 The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at February 3, 2018: In thousands Pay Receive Blended Balance Sheet Current Current Net Fair Fair value hedges: Intercompany balances, primarily debt and related interest zł 67,000 £ 14,035 0.2095 (Accrued Exp) $ — $ (45 ) $ (45 ) € 51,950 £ 46,095 0.8873 (Accrued Exp) — (318 ) (318 ) U.S.$ 77,079 £ 55,000 0.7136 Prepaid Exp 1,636 — 1,636 Economic hedges for which hedge accounting was not elected: Diesel contracts Fixed on 2.2M – 3.0M Float on N/A Prepaid Exp 7,854 — 7,854 Intercompany billings in TJX Europe, primarily merchandise related € 26,000 £ 22,948 0.8826 (Accrued Exp) — (2 ) (2 ) Merchandise purchase commitments C$ 462,464 U.S.$ 367,200 0.7940 Prepaid Exp / 49 (5,478 ) (5,429 ) C$ 22,562 € 15,000 0.6648 Prepaid Exp 557 — 557 £ 176,911 U.S.$ 238,000 1.3453 Prepaid Exp / 173 (12,838 ) (12,665 ) zł 288,646 £ 60,023 0.2079 (Accrued Exp) — (1,303 ) (1,303 ) A$ 28,635 U.S.$ 22,230 0.7763 Prepaid Exp / 43 (573 ) (530 ) U.S.$ 44,223 € 36,950 0.8355 Prepaid Exp 1,905 — 1,905 Total fair value of financial instruments $ 12,217 $ (20,557 ) $ (8,340 ) The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at April 29, 2017: In thousands Pay Receive Blended Balance Sheet Current Current Net Fair Value Fair value hedges: Intercompany balances, primarily debt and related interest zł 67,000 £ 13,000 0.1940 (Accrued Exp) $ — $ (292 ) $ (292 ) € 66,000 £ 57,048 0.8644 Prepaid Exp 1,565 — 1,565 U.S.$ 68,445 £ 55,000 0.8036 Prepaid Exp 3,319 — 3,319 A$ 10,000 $ 5,799 0.5799 Prepaid Exp 60 — 60 Economic hedges for which hedge accounting was not elected: Diesel contracts Fixed on Float on N/A (Accrued Exp) — (1,585 ) (1,585 ) Intercompany billings in Europe, primarily merchandise related € 85,000 £ 72,765 0.8561 Prepaid Exp 1,546 — 1,546 Merchandise purchase commitments C$ 521,997 U.S.$ 394,800 0.7563 Prepaid Exp 11,755 — 11,755 C$ 24,743 € 17,500 0.7073 Prepaid Exp 953 — 953 £ 209,383 U.S.$ 263,000 1.2561 (Accrued Exp) — (8,919 ) (8,919 ) A$ 17,940 U.S.$ 13,573 0.7566 Prepaid Exp / 162 (19 ) 143 zł 269,048 £ 52,774 0.1962 Prepaid Exp / 411 (1,243 ) (832 ) U.S.$ 36,314 € 33,862 0.9325 Prepaid Exp 683 — 683 Total fair value of financial instruments $ 20,454 $ (12,058 ) $ 8,396
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: Amount of Gain (Loss) Recognized in Income by Derivative Thirteen Weeks Ended In thousands Location of Gain (Loss) Recognized in Income by Derivative May 5, 2018 April 29, 2017 Fair value hedges: Intercompany balances, primarily debt and related interest Selling, general and administrative expenses $(1,792) $3,225 Economic hedges for which hedge accounting was not elected: Diesel fuel contracts Cost of sales, including buying and occupancy costs 4,953 (3,323) Intercompany billings in Europe, primarily merchandise related Cost of sales, including buying and occupancy costs (118) 1,601 Merchandise purchase commitments Cost of sales, including buying and occupancy costs 31,457 9,933 Gain recognized in income $34,500 $11,436

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	May 05, 2018
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 May 5, February 3, April 29, Level 1 Assets: Executive Savings Plan investments $ 248,640 $ 249,045 $ 213,260 Level 2 Assets: Short-term investments $ 435,903 $ 506,165 $ 457,091 Foreign currency exchange contracts 33,318 4,363 20,454 Diesel fuel contracts 10,249 7,854 — Liabilities: Foreign currency exchange contracts $ 7,675 $ 20,557 $ 10,473 Diesel fuel contracts — — 1,585

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	May 05, 2018
Financial Information on Business Segments	Presented below is financial information with respect to TJX’s business segments: Thirteen Weeks Ended In thousands May 5, April 29, Net sales: In the United States: Marmaxx $ 5,380,918 $ 4,967,135 HomeGoods 1,269,331 1,121,269 TJX Canada 853,836 738,771 TJX International 1,184,635 956,849 $ 8,688,720 $ 7,784,024 Segment profit: In the United States: Marmaxx $ 750,456 $ 687,165 HomeGoods 147,360 152,092 TJX Canada 125,184 102,880 TJX International 40,826 6,860 1,063,826 948,997 General corporate expense 104,120 106,648 Interest expense, net 4,148 9,841 Income before provision for income taxes $ 955,558 $ 832,508

Pension Plans and Other Retir28

Pension Plans and Other Retirement Benefits (Tables)	3 Months Ended
	May 05, 2018
Financial Information Related to Funded Defined Benefit Pension Plan and Unfunded Supplemental Retirement Plan	Presented below is financial information relating to TJX’s funded defined benefit pension plan (“qualified pension plan” or “funded plan”) and its unfunded supplemental pension plan (“unfunded plan”) for the periods shown: Funded Plan Unfunded Plan Thirteen Weeks Ended Thirteen Weeks Ended In thousands May 5, April 29, May 5, April 29, Service cost $ 11,613 $ 11,805 $ 611 $ 588 Interest cost 13,965 13,759 853 843 Expected return on plan assets (20,962 ) (17,382 ) — — Recognized actuarial losses 3,114 5,580 821 831 Total expense $ 7,730 $ 13,762 $ 2,285 $ 2,262

Long-Term Debt and Credit Lin29

Long-Term Debt and Credit Lines (Tables)	3 Months Ended
	May 05, 2018
Long-Term Debt, Exclusive of Current Installments	The table below presents long-term debt, exclusive of current installments, as of May 5, 2018, February 3, 2018 and April 29, 2017. All amounts are net of unamortized debt discounts. In thousands May 5, February 3, April 29, General corporate debt: 2.50% senior unsecured notes, maturing May 15, 2023 (effective interest rate of 2.51% after reduction of unamortized debt discount of $223 at May 5, 2018, $234 at February 3, 2018 and $267 at April 29, 2017) $ 499,777 $ 499,766 $ 499,733 2.75% senior unsecured notes, maturing June 15, 2021 (effective interest rate of 2.76% after reduction of unamortized debt discount of $231 at May 5, 2018, $250 at February 3, 2018 and $306 at April 29, 2017) 749,769 749,750 749,694 2.25% senior unsecured notes, maturing September 15, 2026 (effective interest rate of 2.32% after reduction of unamortized debt discount of $6,217 at May 5, 2018, $6,403 at February 3, 2018 and $6,963 at April 29, 2017) 993,783 993,597 993,037 Debt issuance cost (11,969 ) (12,506 ) (14,113 ) Long-term debt $ 2,231,360 $ 2,230,607 $ 2,228,351

Basis of Presentation and Sum30

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Detail) $ in Thousands	3 Months Ended	12 Months Ended
	May 05, 2018USD ($)Location	Feb. 03, 2018USD ($)
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Weeks in the fiscal year	364 days	371 days
Cumulative effect on retained earnings, net of tax	$ 58,712
Percentage owned in subsidiary company	83.00%
Impairment charge		$ 99,300
Impairment charge related to goodwill		(97,254)
Sierra Trading Post
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Impairment charge related to goodwill		(97,254)
Impairment charge related to long lived assets		$ 2,000
Retained Earnings
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Cumulative effect on retained earnings, net of tax	$ 58,712
Sales Revenue Net | Other Revenue
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Concentration risk, percentage	1.00%
Gift Card and Store Card Breakage Revenue
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Revenue recognized	$ (371,800)
Minimum
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Number of lease locations | Location	4,100

Deferred Gift Card Revenue (Det

Deferred Gift Card Revenue (Detail) - Gift Card and Store Card Breakage Revenue $ in Millions	3 Months Ended
	May 05, 2018USD ($)
Disaggregation of Revenue [Line Items]
Balance beginning of period	$ 406.6
Deferred revenue	330.5
Effect of exchange rates changes on deferred revenue	(3.2)
Revenue recognized	(371.8)
Balance end of period	$ 362.1

Roll Forward of Goodwill by Com

Roll Forward of Goodwill by Component (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	May 05, 2018	Feb. 03, 2018
Goodwill [Line Items]
Beginning balance	$ 100,069	$ 195,871
Impairment		(97,254)
Effect of exchange rate changes on goodwill	(1,455)	1,452
Ending balance	98,614	100,069
Winners
Goodwill [Line Items]
Beginning balance	1,784	1,686
Effect of exchange rate changes on goodwill	(58)	98
Ending balance	1,726	1,784
Sierra Trading Post
Goodwill [Line Items]
Beginning balance		97,254
Impairment		(97,254)
T.K. Maxx
Goodwill [Line Items]
Beginning balance	28,258	26,904
Effect of exchange rate changes on goodwill	(1,397)	1,354
Ending balance	26,861	28,258
Marmaxx
Goodwill [Line Items]
Beginning balance	70,027	70,027
Ending balance	$ 70,027	$ 70,027

Components of Property at Cost

Components of Property at Cost (Detail) - USD ($) $ in Thousands	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
Property, Plant and Equipment [Line Items]
Land and buildings	$ 1,377,854	$ 1,355,777	$ 1,255,710
Leasehold costs and improvements	3,245,902	3,254,830	2,962,697
Furniture, fixtures and equipment	5,455,039	5,357,701	5,019,753
Total property at cost	10,078,795	9,968,308	9,238,160
Less accumulated depreciation and amortization	5,052,703	4,962,255	4,637,116
Net property at cost	$ 5,026,092	$ 5,006,053	$ 4,601,044

Property at Cost - Additional i

Property at Cost - Additional information (Detail) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	May 05, 2018	Apr. 29, 2017	Feb. 03, 2018
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 193.7	$ 172.6	$ 726

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	May 05, 2018	Apr. 29, 2017	Feb. 03, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ 5,148,309
Foreign currency translation adjustments, net of related tax provision (benefit)	(122,529)	$ (5,247)	$ 211,752
Recognition of net gains/losses on benefit obligations, net of related tax provision (benefit)			24,691
Net investment hedges net of taxes	6,044
Amortization of loss on cash flow hedge, net of related tax provision (benefit)	206	171	696
Amortization of prior service cost and deferred gains, net of related tax provision	2,608	3,868	15,228
Ending balance	5,262,408	4,553,523	5,148,309
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(441,859)	(694,226)	(694,226)
Ending balance	(555,530)		(441,859)
Foreign Currency Translation
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(280,051)	(491,803)	(491,803)
Foreign currency translation adjustments, net of related tax provision (benefit)	(122,529)		211,752
Ending balance	(402,580)		(280,051)
Deferred Benefit Costs
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(159,562)	(199,481)	(199,481)
Recognition of net gains/losses on benefit obligations, net of related tax provision (benefit)			24,691
Amortization of prior service cost and deferred gains, net of related tax provisions	2,608
Amortization of prior service cost and deferred gains, net of related tax provision			15,228
Ending balance	(156,954)		(159,562)
Cash Flow Hedge on Debt
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(2,246)	$ (2,942)	(2,942)
Amortization of loss on cash flow hedge, net of related tax provision (benefit)	206		696
Ending balance	(2,040)		$ (2,246)
Accumulated Net Investment Hedge Gain Loss Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net investment hedges net of taxes	6,044
Ending balance	$ 6,044

Changes in Accumulated Other 36

Changes in Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	May 05, 2018	Apr. 29, 2017	Feb. 03, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency translation adjustments, related tax (benefit) provision	$ (1,206)	$ (20,543)	$ 36,929
Net investment hedges net of taxes	2,201
Recognition of net gains/losses on benefit obligations, related tax provision (benefit)			8,989
Amortization of deferred benefit costs, taxes	1,328	2,543
Amortization of prior service cost and deferred gains, related tax provision	2,608	3,868	15,228
Amortization of loss on cash flow hedge, related tax provisions	77	$ 112	438
Deferred Income Tax Charge
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amortization of deferred benefit costs, taxes			$ 9,592
Amortization of prior service cost and deferred gains, related tax provision	$ 1,328

Capital Stock and Earnings Pe37

Capital Stock and Earnings Per Share - Additional Information (Detail) - USD ($) shares in Millions	3 Months Ended
	May 05, 2018	Apr. 29, 2017	Feb. 28, 2018	Feb. 28, 2017
Capital Unit [Line Items]
Common stock repurchased and retired	$ 395,399,000
Cash payments for repurchase of common stock	$ 395,400,000	$ 350,000,000
Antidilutive options excluded	8.6	8
Trade Date Basis
Capital Unit [Line Items]
Common stock repurchased and retired (in shares)	4.9
Common stock repurchased and retired	$ 400,000,000
Stock Repurchase Programs 2017
Capital Unit [Line Items]
Common stock repurchased and retired (in shares)	3.2
Common stock repurchased and retired	$ 264,200,000
Stock repurchase program, common stock purchase value				$ 1,000,000,000
Remaining available stock under stock repurchase plan	$ 3,700,000,000
Stock Repurchase Programs 2018
Capital Unit [Line Items]
Stock repurchase program, common stock purchase value			$ 3,000,000,000

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
	May 05, 2018	Apr. 29, 2017
Basic earnings per share
Net income	$ 716,381	$ 536,279
Weighted average common shares outstanding for basic EPS	626,612	644,425
Basic earnings per share	$ 1.14	$ 0.83
Net income	$ 716,381	$ 536,279
Weighted average common shares outstanding for basic EPS	626,612	644,425
Stock options and awards	7,824	10,374
Weighted average common shares outstanding for diluted EPS	634,436	654,799
Diluted earnings per share	$ 1.13	$ 0.82

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail)	3 Months Ended
	May 05, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Hedge of diesel fuel requirement, remainder of fiscal year 2019	50.00%
Hedge of diesel fuel requirement, fiscal year 2020	45.00%

Summary of Derivative Financial

Summary of Derivative Financial Instruments, Related Fair Value and Balance Sheet Classification (Detail) € in Thousands, £ in Thousands, zł in Thousands, $ in Thousands, $ in Thousands, $ in Thousands	May 05, 2018USD ($)	May 05, 2018CAD ($)	May 05, 2018GBP (£)	May 05, 2018PLN (zł)	May 05, 2018AUD ($)	May 05, 2018EUR (€)	Feb. 03, 2018USD ($)	Feb. 03, 2018CAD ($)	Feb. 03, 2018GBP (£)	Feb. 03, 2018PLN (zł)	Feb. 03, 2018AUD ($)	Feb. 03, 2018EUR (€)	Apr. 29, 2017USD ($)	Apr. 29, 2017CAD ($)	Apr. 29, 2017GBP (£)	Apr. 29, 2017PLN (zł)	Apr. 29, 2017AUD ($)	Apr. 29, 2017EUR (€)
Derivatives, Fair Value [Line Items]
Current Asset	$ 43,567						$ 12,217						$ 20,454
Current (Liability)	(7,675)						(20,557)						(12,058)
Net Fair Value	35,892						(8,340)						8,396
Diesel Fuel Contracts | Prepaid Expense
Derivatives, Fair Value [Line Items]
Current Asset	10,249						7,854
Net Fair Value	$ 10,249						7,854
Diesel Fuel Contracts | (Accrued Expense)
Derivatives, Fair Value [Line Items]
Current (Liability)													(1,585)
Net Fair Value													$ (1,585)
Intercompany Balances, Primarily Debt And Related Interest | Prepaid Expense | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | zł				zł 67,000
Hedge accounting not elected, Receive | £			£ 14,035
Blended Contract Rate	0.2095	0.2095	0.2095	0.2095	0.2095	0.2095
Current Asset	$ 247
Net Fair Value	$ 247
Intercompany Balances, Primarily Debt And Related Interest | Prepaid Expense | Conversion Of Euro To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | €																		€ 66,000
Hedge accounting not elected, Receive | £															£ 57,048
Blended Contract Rate													0.8644	0.8644	0.8644	0.8644	0.8644	0.8644
Current Asset													$ 1,565
Net Fair Value													1,565
Intercompany Balances, Primarily Debt And Related Interest | Prepaid Expense | Conversion Of US Dollar To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay							$ 77,079						$ 68,445
Hedge accounting not elected, Receive | £									£ 55,000						£ 55,000
Blended Contract Rate							0.7136	0.7136	0.7136	0.7136	0.7136	0.7136	0.8036	0.8036	0.8036	0.8036	0.8036	0.8036
Current Asset							$ 1,636						$ 3,319
Net Fair Value							$ 1,636						3,319
Intercompany Balances, Primarily Debt And Related Interest | Prepaid Expense | Conversion Of Australian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay																	$ 10,000
Hedge accounting not elected, Receive													$ 5,799
Blended Contract Rate													0.5799	0.5799	0.5799	0.5799	0.5799	0.5799
Current Asset													$ 60
Net Fair Value													$ 60
Intercompany Balances, Primarily Debt And Related Interest | Prepaid Expense | Conversion Of Pound To Canadian Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | £			£ 30,000
Hedge accounting not elected, Receive		$ 54,038
Blended Contract Rate	1.8013	1.8013	1.8013	1.8013	1.8013	1.8013
Current Asset	$ 1,256
Net Fair Value	$ 1,256
Intercompany Balances, Primarily Debt And Related Interest | (Accrued Expense) | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | zł										zł 67,000						zł 67,000
Hedge accounting not elected, Receive | £									£ 14,035						£ 13,000
Blended Contract Rate							0.2095	0.2095	0.2095	0.2095	0.2095	0.2095	0.1940	0.1940	0.1940	0.1940	0.1940	0.1940
Current (Liability)							$ (45)						$ (292)
Net Fair Value							$ (45)						$ (292)
Intercompany Balances, Primarily Debt And Related Interest | (Accrued Expense) | Conversion Of Euro To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | €						€ 53,950						€ 51,950
Hedge accounting not elected, Receive | £			£ 47,868						£ 46,095
Blended Contract Rate	0.8873	0.8873	0.8873	0.8873	0.8873	0.8873	0.8873	0.8873	0.8873	0.8873	0.8873	0.8873
Current (Liability)	$ (252)						$ (318)
Net Fair Value	(252)						$ (318)
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	$ 77,079
Hedge accounting not elected, Receive | £			£ 55,000
Blended Contract Rate	0.7136	0.7136	0.7136	0.7136	0.7136	0.7136
Current (Liability)	$ (1,771)
Net Fair Value	(1,771)
Intercompany Balances, Primarily Debt And Related Interest | Prepaid Expense / (Accrued Expense) | Conversion Of Canadian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay		$ 1,710,000
Hedge accounting not elected, Receive	$ 1,341,426
Blended Contract Rate	0.7845	0.7845	0.7845	0.7845	0.7845	0.7845
Current Asset	$ 9,808
Current (Liability)	(1,563)
Net Fair Value	$ 8,245
Intercompany Billings In Europe, Primarily Merchandise Related | Prepaid Expense | Conversion Of Euro To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | €																		€ 85,000
Hedge accounting not elected, Receive | £															£ 72,765
Blended Contract Rate													0.8561	0.8561	0.8561	0.8561	0.8561	0.8561
Current Asset													$ 1,546
Net Fair Value													1,546
Intercompany Billings In Europe, Primarily Merchandise Related | (Accrued Expense) | Conversion Of Euro To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | €						€ 50,000						€ 26,000
Hedge accounting not elected, Receive | £			£ 43,340						£ 22,948
Blended Contract Rate	0.8668	0.8668	0.8668	0.8668	0.8668	0.8668	0.8826	0.8826	0.8826	0.8826	0.8826	0.8826
Current (Liability)	$ (1,205)						$ (2)
Net Fair Value	$ (1,205)						$ (2)
Merchandise Purchase Commitments | Prepaid Expense | Conversion Of Canadian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay														$ 521,997
Hedge accounting not elected, Receive													$ 394,800
Blended Contract Rate													0.7563	0.7563	0.7563	0.7563	0.7563	0.7563
Current Asset													$ 11,755
Net Fair Value													$ 11,755
Merchandise Purchase Commitments | Prepaid Expense | Conversion Of Canadian Dollar To Euro
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay								$ 22,562						$ 24,743
Hedge accounting not elected, Receive | €												€ 15,000						€ 17,500
Blended Contract Rate							0.6648	0.6648	0.6648	0.6648	0.6648	0.6648	0.7073	0.7073	0.7073	0.7073	0.7073	0.7073
Current Asset							$ 557						$ 953
Net Fair Value							557						953
Merchandise Purchase Commitments | Prepaid Expense | Conversion Of US Dollar To Euro
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay							$ 44,223						$ 36,314
Hedge accounting not elected, Receive | €												€ 36,950						€ 33,862
Blended Contract Rate							0.8355	0.8355	0.8355	0.8355	0.8355	0.8355	0.9325	0.9325	0.9325	0.9325	0.9325	0.9325
Current Asset							$ 1,905						$ 683
Net Fair Value							$ 1,905						683
Merchandise Purchase Commitments | (Accrued Expense) | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | zł										zł 288,646
Hedge accounting not elected, Receive | £									£ 60,023
Blended Contract Rate							0.2079	0.2079	0.2079	0.2079	0.2079	0.2079
Current (Liability)							$ (1,303)
Net Fair Value							(1,303)
Merchandise Purchase Commitments | (Accrued Expense) | Conversion Of Pound To US Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | £															£ 209,383
Hedge accounting not elected, Receive													$ 263,000
Blended Contract Rate													1.2561	1.2561	1.2561	1.2561	1.2561	1.2561
Current (Liability)													$ (8,919)
Net Fair Value													$ (8,919)
Merchandise Purchase Commitments | Prepaid Expense / (Accrued Expense) | Conversion Of Zloty To Pound
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | zł				zł 299,988												zł 269,048
Hedge accounting not elected, Receive | £			£ 62,531												£ 52,774
Blended Contract Rate	0.2084	0.2084	0.2084	0.2084	0.2084	0.2084							0.1962	0.1962	0.1962	0.1962	0.1962	0.1962
Current Asset	$ 560												$ 411
Current (Liability)	(235)												(1,243)
Net Fair Value	325												(832)
Merchandise Purchase Commitments | Prepaid Expense / (Accrued Expense) | Conversion Of Canadian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay		$ 518,624						$ 462,464
Hedge accounting not elected, Receive	$ 409,350						$ 367,200
Blended Contract Rate	0.7893	0.7893	0.7893	0.7893	0.7893	0.7893	0.7940	0.7940	0.7940	0.7940	0.7940	0.7940
Current Asset	$ 5,322						$ 49
Current (Liability)	(422)						(5,478)
Net Fair Value	$ 4,900						(5,429)
Merchandise Purchase Commitments | Prepaid Expense / (Accrued Expense) | Conversion Of Canadian Dollar To Euro
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay		$ 25,760
Hedge accounting not elected, Receive | €						€ 16,500
Blended Contract Rate	0.6405	0.6405	0.6405	0.6405	0.6405	0.6405
Current Asset	$ 82
Current (Liability)	(360)
Net Fair Value	(278)
Merchandise Purchase Commitments | Prepaid Expense / (Accrued Expense) | Conversion Of Pound To US Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay | £			£ 333,666						£ 176,911
Hedge accounting not elected, Receive	$ 469,400						$ 238,000
Blended Contract Rate	1.4068	1.4068	1.4068	1.4068	1.4068	1.4068	1.3453	1.3453	1.3453	1.3453	1.3453	1.3453
Current Asset	$ 15,418						$ 173
Current (Liability)	(594)						(12,838)
Net Fair Value	14,824						(12,665)
Merchandise Purchase Commitments | Prepaid Expense / (Accrued Expense) | Conversion Of Australian Dollar To US Dollar
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay					$ 30,728						$ 28,635						$ 17,940
Hedge accounting not elected, Receive	$ 23,772						$ 22,230						$ 13,573
Blended Contract Rate	0.7736	0.7736	0.7736	0.7736	0.7736	0.7736	0.7763	0.7763	0.7763	0.7763	0.7763	0.7763	0.7566	0.7566	0.7566	0.7566	0.7566	0.7566
Current Asset	$ 602						$ 43						$ 162
Current (Liability)	(30)						(573)						(19)
Net Fair Value	572						$ (530)						$ 143
Merchandise Purchase Commitments | Prepaid Expense / (Accrued Expense) | Conversion Of US Dollar To Euro
Derivatives, Fair Value [Line Items]
Hedge accounting not elected, Pay	$ 41,644
Hedge accounting not elected, Receive | €						€ 33,611
Blended Contract Rate	0.8071	0.8071	0.8071	0.8071	0.8071	0.8071
Current Asset	$ 23
Current (Liability)	(1,243)
Net Fair Value	$ (1,220)

Impact of Derivative Financial

Impact of Derivative Financial Instruments on Statements of Income (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 05, 2018	Apr. 29, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in income	$ 34,500	$ 11,436
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	(1,792)	3,225
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	4,953	(3,323)
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	(118)	1,601
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	$ 31,457	$ 9,933

Fair Value of Financial Assets

Fair Value of Financial Assets and Liabilities on a Recurring Basis (Detail) - USD ($) $ in Thousands	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
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	$ 248,640	$ 249,045	$ 213,260
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts, Assets	33,318	4,363	20,454
Foreign currency exchange contracts, Liabilities	7,675	20,557	10,473
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	435,903	506,165	457,091
Level 2 | Diesel Fuel Contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value measured on recurring basis, Assets	$ 10,249	$ 7,854
Fair value measured on recurring basis, Liabilities			$ 1,585

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Thousands	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of long-term debt	$ 2,120,000	$ 2,160,000	$ 2,200,000
Carrying value of long-term debt	$ 2,231,360	$ 2,230,607	$ 2,228,351

Segment Information - Additiona

Segment Information - Additional Information (Detail)	3 Months Ended
	May 05, 2018Segment
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
	May 05, 2018	Apr. 29, 2017
Segment Reporting Information [Line Items]
Net sales	$ 8,688,720	$ 7,784,024
Segment profit	1,063,826	948,997
General corporate expense	104,120	106,648
Interest expense, net	4,148	9,841
Income before provision for income taxes	955,558	832,508
Marmaxx
Segment Reporting Information [Line Items]
Net sales	5,380,918	4,967,135
Segment profit	750,456	687,165
HomeGoods
Segment Reporting Information [Line Items]
Net sales	1,269,331	1,121,269
Segment profit	147,360	152,092
TJX Canada
Segment Reporting Information [Line Items]
Net sales	853,836	738,771
Segment profit	125,184	102,880
TJX International
Segment Reporting Information [Line Items]
Net sales	1,184,635	956,849
Segment profit	$ 40,826	$ 6,860

Financial Information Related t

Financial Information Related to Funded Defined Benefit Pension Plan and Unfunded Supplemental Pension Plan (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 05, 2018	Apr. 29, 2017
Funded Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 11,613	$ 11,805
Interest cost	13,965	13,759
Expected return on plan assets	(20,962)	(17,382)
Recognized actuarial losses	3,114	5,580
Total expense	7,730	13,762
Unfunded Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	611	588
Interest cost	853	843
Recognized actuarial losses	821	831
Total expense	$ 2,285	$ 2,262

Pension Plans and Other Retir47

Pension Plans and Other Retirement Benefits - Additional Information (Detail) $ in Millions	3 Months Ended
	May 05, 2018USD ($)
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 2019	$ 2.5

Long-Term Debt, Exclusive of Cu

Long-Term Debt, Exclusive of Current Installments (Detail) - USD ($) $ in Thousands	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
Debt Instrument [Line Items]
Debt issuance cost	$ (11,969)	$ (12,506)	$ (14,113)
Long-term debt	2,231,360	2,230,607	2,228,351
2.50% Ten-Year Notes
Debt Instrument [Line Items]
Long-term debt	499,777	499,766	499,733
2.75% Seven-Year Notes
Debt Instrument [Line Items]
Long-term debt	749,769	749,750	749,694
2.25% Ten-Year Notes
Debt Instrument [Line Items]
Long-term debt	$ 993,783	$ 993,597	$ 993,037

Long-Term Debt, Exclusive of 49

Long-Term Debt, Exclusive of Current Installments (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
2.50% Ten-Year Notes
Debt Instrument [Line Items]
Debt instrument, interest rate	2.50%
Maturity date	May 15, 2023
Unamortized debt discount	$ 223	$ 234	$ 267
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	$ 231	250	306
Effective interest rate	2.76%
2.25% Ten-Year Notes
Debt Instrument [Line Items]
Debt instrument, interest rate	2.25%
Maturity date	Sep. 15, 2026
Unamortized debt discount	$ 6,217	$ 6,403	$ 6,963
Effective interest rate	2.32%

Long-Term Debt and Credit Lin50

Long-Term Debt and Credit Lines - Additional Information (Detail)	3 Months Ended		12 Months Ended
	May 05, 2018USD ($)CreditFacility	Apr. 29, 2017USD ($)CreditFacility	Feb. 03, 2018USD ($)CreditFacility	May 05, 2018CAD ($)CreditFacility	May 05, 2018GBP (£)CreditFacility	Feb. 03, 2018CAD ($)CreditFacility	Feb. 03, 2018GBP (£)CreditFacility	Apr. 29, 2017CAD ($)CreditFacility	Apr. 29, 2017GBP (£)CreditFacility
Debt Instrument [Line Items]
Revolving credit facilities, number | CreditFacility	2	2	2	2	2	2	2	2	2
Quarterly payments 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
Revolving Credit Facility March 2020
Debt Instrument [Line Items]
Current borrowing capacity	$ 500,000,000	$ 500,000,000	$ 500,000,000
Maturity Month/Year	2020-03	2020-03	2020-03
Revolving Credit Facility March 2022
Debt Instrument [Line Items]
Current borrowing capacity	$ 500,000,000	$ 500,000,000	$ 500,000,000
Maturity Month/Year	2022-03	2022-03	2022-03
TJX Canada
Debt Instrument [Line Items]
Current borrowing capacity				$ 10,000,000		$ 10,000,000		$ 10,000,000
Credit facilities, amount outstanding				0		0		0
TJX Canada | Letter of Credit
Debt Instrument [Line Items]
Current borrowing capacity				10,000,000		10,000,000		10,000,000
Credit facilities, amount outstanding				$ 0		$ 0		$ 0
TJX International | TJX Europe Credit Line
Debt Instrument [Line Items]
Current borrowing capacity | £					£ 5,000,000		£ 5,000,000		£ 5,000,000
Credit facilities, amount outstanding | £					£ 0		£ 0		£ 0

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended
	May 05, 2018	Apr. 29, 2017	Feb. 03, 2018
Income Taxes [Line Items]
Effective income tax rate	25.00%	35.60%
Corporate tax rate	21.00%
Net unrecognized tax benefits	$ 58,700,000	$ 39,000,000	$ 57,300,000
Accrued amounts for interest and penalties	12,500,000	$ 8,000,000	$ 11,900,000
Minimum
Income Taxes [Line Items]
Possible decrease in unrecognized tax benefits that would reduce the provision for taxes on earnings	0
Maximum
Income Taxes [Line Items]
Possible decrease in unrecognized tax benefits that would reduce the provision for taxes on earnings	$ 22,000,000

Contingent Obligations and Co52

Contingent Obligations and Contingencies - Additional Information (Detail) $ in Millions	3 Months Ended
	May 05, 2018USD ($)Leases
Commitment And Contingencies [Line Items]
Number of leases subject to contingent liability, maximum | Leases	8
Estimated contingent obligations | $	$ 46.4