2020 Q1 Form 10-K Financial Statement

#000010919820000004 Filed on March 27, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1 2019
Revenue $12.21B $11.13B $38.97B
YoY Change 9.7% 1.52% 8.67%
Cost Of Revenue $7.950B $7.901B $27.83B
YoY Change 0.62% 0.39% 9.13%
Gross Profit $3.465B $3.094B $11.14B
YoY Change 11.99% 0.09% 7.52%
Gross Profit Margin 28.38% 27.8% 28.59%
Selling, General & Admin $2.907B $1.885B $6.924B
YoY Change 54.22% -0.32% 8.6%
% of Gross Profit 83.9% 60.93% 62.14%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $219.9M $218.5M $819.7M
YoY Change 0.64% 12.86% 12.91%
% of Gross Profit 6.35% 7.06% 7.36%
Operating Expenses $2.907B $1.885B $6.924B
YoY Change 54.22% -0.32% 8.6%
Operating Profit $557.7M $1.209B $4.763B
YoY Change -53.86% 0.73% 8.18%
Interest Expense -$23.00M -$162.0M $69.10M
YoY Change -85.8% -1450.0% -0.19%
% of Operating Profit -4.12% -13.4% 1.45%
Other Income/Expense, Net
YoY Change
Pretax Income $1.326B $1.179B $4.173B
YoY Change 12.47% 6.03% 8.21%
Income Tax $341.0M $337.0M $1.113B
% Of Pretax Income 25.72% 28.58% 26.68%
Net Earnings $984.8M $841.5M $3.060B
YoY Change 17.02% -4.04% 17.33%
Net Earnings / Revenue 8.07% 7.56% 7.85%
Basic Earnings Per Share $0.82 $0.69 $2.47
Diluted Earnings Per Share $0.81 $0.68 $2.43
COMMON SHARES
Basic Shares Outstanding 1.198B shares 1.215B shares 1.241B shares
Diluted Shares Outstanding 1.259B shares

Balance Sheet

Concept 2020 Q1 2019 Q1 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.217B $3.030B $3.030B
YoY Change 6.17% -7.2% -7.2%
Cash & Equivalents $3.217B $3.030B $3.030B
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $415.0M $514.0M $514.0M
YoY Change -19.26% -27.3% -27.3%
Inventory $4.873B $4.579B $4.579B
Prepaid Expenses
Receivables $386.3M $346.3M $346.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $8.891B $8.469B $8.469B
YoY Change 4.98% -0.19% -0.2%
LONG-TERM ASSETS
Property, Plant & Equipment $5.325B $5.255B $5.255B
YoY Change 1.33% 4.98% 4.97%
Goodwill $95.55M $97.55M
YoY Change -2.06% -2.52%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $761.3M $467.5M $504.0M
YoY Change 62.85% 1.72% 8.15%
Total Long-Term Assets $15.25B $5.857B $5.857B
YoY Change 160.46% 5.11% 5.11%
TOTAL ASSETS
Total Short-Term Assets $8.891B $8.469B $8.469B
Total Long-Term Assets $15.25B $5.857B $5.857B
Total Assets $24.15B $14.33B $14.33B
YoY Change 68.54% 1.91% 1.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.673B $2.644B $2.644B
YoY Change 1.07% 6.26% 6.27%
Accrued Expenses $4.433B $2.733B $1.271B
YoY Change 62.2% 8.32% -2.08%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $7.150B $5.531B $5.531B
YoY Change 29.27% 7.92% 7.9%
LONG-TERM LIABILITIES
Long-Term Debt $2.237B $2.234B $2.477B
YoY Change 0.13% 0.13% 0.98%
Other Long-Term Liabilities $851.1M $1.354B $1.111B
YoY Change -37.15% 2.55% 1.09%
Total Long-Term Liabilities $3.088B $3.588B $3.588B
YoY Change -13.94% 1.03% 1.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.150B $5.531B $5.531B
Total Long-Term Liabilities $3.088B $3.588B $3.588B
Total Liabilities $10.24B $9.119B $9.277B
YoY Change 12.27% 5.1% 4.12%
SHAREHOLDERS EQUITY
Retained Earnings $5.422B $4.462B
YoY Change 21.52% 2.95%
Common Stock $1.199B $1.217B
YoY Change -1.49% -3.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.948B $5.049B $5.049B
YoY Change
Total Liabilities & Shareholders Equity $24.15B $22.57B $14.33B
YoY Change 6.98% 60.55% 1.91%

Cashflow Statement

Concept 2020 Q1 2019 Q1 2019
OPERATING ACTIVITIES
Net Income $984.8M $841.5M $3.060B
YoY Change 17.02% -4.04% 17.33%
Depreciation, Depletion And Amortization $219.9M $218.5M $819.7M
YoY Change 0.64% 12.86% 12.91%
Cash From Operating Activities $2.193B $1.611B $4.088B
YoY Change 36.15% 46.93% 35.13%
INVESTING ACTIVITIES
Capital Expenditures -$230.4M -$252.1M $1.125B
YoY Change -8.61% 9.56% 6.38%
Acquisitions
YoY Change
Other Investing Activities -$233.9M -$2.100M -$26.65M
YoY Change 11038.1% -112.5%
Cash From Investing Activities -$464.2M -$254.4M -$623.6M
YoY Change 82.47% 19.27% -38.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.152B
YoY Change 42.42%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -581.4M -1.042B -$3.097B
YoY Change -44.2% 85.61% 34.83%
NET CHANGE
Cash From Operating Activities 2.193B 1.611B $4.088B
Cash From Investing Activities -464.2M -254.4M -$623.6M
Cash From Financing Activities -581.4M -1.042B -$3.097B
Net Change In Cash 1.147B 314.3M $271.8M
YoY Change 265.07% -2.24% -258.57%
FREE CASH FLOW
Cash From Operating Activities $2.193B $1.611B $4.088B
Capital Expenditures -$230.4M -$252.1M $1.125B
Free Cash Flow $2.423B $1.863B $2.963B
YoY Change 30.09% 40.45% 50.57%

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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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1
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CY2020 us-gaap Fiscal Period
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<div style="margin-bottom:6pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">Fiscal Year</span></div><div style="margin-bottom:6pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">TJX’s fiscal year ends on the Saturday nearest to the last day of January of each year. The fiscal years ended February 1, 2020 (“fiscal 2020”) and ended February 2, 2019 (“fiscal 2019”) were 52-week fiscal years and the fiscal year ended February 3, 2018 ("fiscal 2018") was a 53-week fiscal year.</span></div>
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727200000 USD
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CY2020 us-gaap Goodwill And Intangible Asset Impairment
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CY2019Q1 tjx Land And Buildings
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CY2019 us-gaap Advertising Expense
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CY2018 us-gaap Advertising Expense
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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5473911000 USD
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5325048000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
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5255208000 USD
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CY2019Q1 us-gaap Noncurrent Assets
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CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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304000 USD
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4280000 USD
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1600000000 USD
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2400000000 USD
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27000000 USD
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20200000 USD
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1
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1
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1
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0.014
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0.015
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0.235
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0.235
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P4Y10M24D
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P4Y10M24D
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P4Y9M18D
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16.12
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46.37
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680000 shares
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38.59
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35.70
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32.02
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27.52
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31.04
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26.95
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36.46
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93671000 USD
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P8Y9M18D
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
51.17
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
32276000 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
903847000 USD
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P5Y
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
31.04
CY2020 tjx Options Outstanding Expected To Vest Represents Unvested Options Adjusted For Anticipated Forfeitures
OptionsOutstandingExpectedToVestRepresentsUnvestedOptionsAdjustedForAnticipatedForfeitures
12800000 shares
CY2020Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8219000 USD
CY2019Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10364000 USD
CY2020Q1 tjx Share Based Compensation Arrangement By Share Based Payment Award Shares Outstanding Options Vested And Expected To Vest
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesOutstandingOptionsVestedAndExpectedToVest
44184000 shares
CY2020Q1 tjx Share Based Compensation Arrangement By Share Based Payment Award Outstanding Options Vested And Expected To Vest Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOutstandingOptionsVestedAndExpectedToVestAggregateIntrinsicValue
997518000 USD
CY2020 tjx Share Based Compensation Arrangement By Share Based Payment Award Outstanding Options Vested And Expected To Vest Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOutstandingOptionsVestedAndExpectedToVestWeightedAverageRemainingContractualTerm
P6Y
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1001849 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
53.20
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1267802 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
41.17
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1124012 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
38.36
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
38400000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
30100000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
35200000 USD
CY2020Q1 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
-74900000 USD
CY2020Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
3000000.0 USD
CY2020Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
101800000 USD
CY2020Q1 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
29900000 USD
CY2019Q1 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
72600000 USD
CY2019Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
4700000 USD
CY2019Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
92100000 USD
CY2019Q1 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
24200000 USD
CY2020 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
102400000 USD
CY2019 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
106200000 USD
CY2018 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
105000000.0 USD
CY2020 tjx Minimum Percentage Of Pension Liability Under Pension Protection Act
MinimumPercentageOfPensionLiabilityUnderPensionProtectionAct
0.80
CY2020Q1 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
3100000 USD
CY2020 tjx Percentage Of Employee Contribution From Eligible Pay
PercentageOfEmployeeContributionFromEligiblePay
0.50
CY2020 tjx Rate Of Eligible Pay For Matching Employee Contributions
RateOfEligiblePayForMatchingEmployeeContributions
0.05
CY2020 tjx Minimum Range Of Rates For Matching Employee Contributions
MinimumRangeOfRatesForMatchingEmployeeContributions
0.25
CY2020 tjx Maximum Range Of Rates For Matching Employee Contributions
MaximumRangeOfRatesForMatchingEmployeeContributions
0.75
CY2020Q1 us-gaap Defined Benefit Plan Funded Percentage
DefinedBenefitPlanFundedPercentage
0.25
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2236625000 USD
CY2019Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2233616000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
750000000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
500000000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1000000000 USD
CY2020Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
5156000 USD
CY2020Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8219000 USD
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2236625000 USD
CY2020Q1 tjx Revolving Credit Facilities Number
RevolvingCreditFacilitiesNumber
2 CreditFacility
CY2020Q1 tjx Revolving Credit Facilities Number
RevolvingCreditFacilitiesNumber
2 CreditFacility
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
259359000 USD
CY2019Q1 us-gaap Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
158191000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
130038000 USD
CY2020 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.00060
CY2020Q1 tjx Ratio Of Indebtedness To Earnings Before Interest Tax Depreciation And Amortization
RatioOfIndebtednessToEarningsBeforeInterestTaxDepreciationAndAmortization
3.25
CY2019Q1 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2020Q1 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2020 tjx Minimum Percentage Of Tax On Certain Foreign Earnings In Excess Of Foreign Subsidiaries Tangible Assets
MinimumPercentageOfTaxOnCertainForeignEarningsInExcessOfForeignSubsidiariesTangibleAssets
0.10
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
3742227000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
3463785000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
3255057000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
663956000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
709426000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
601531000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4406183000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4173211000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3856588000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
708508000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
711369000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1063141000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
250830000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
251187000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
160650000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
181061000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
238692000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
161974000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
9409000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-62278000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
27595000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-164523000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-8203000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-27831000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-7615000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
2274000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-197000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1133990000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1113413000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1248640000 USD
CY2020Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
57886000 USD
CY2019Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
49489000 USD
CY2020Q1 tjx Deferred Tax Assets Tax Deferred Expense Lease Obligations
DeferredTaxAssetsTaxDeferredExpenseLeaseObligations
3114000 USD
CY2019Q1 tjx Deferred Tax Assets Tax Deferred Expense Lease Obligations
DeferredTaxAssetsTaxDeferredExpenseLeaseObligations
2799000 USD
CY2020Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
290144000 USD
CY2019Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
273482000 USD
CY2020Q1 us-gaap Deferred Tax Assets Deferred Gain On Sale Leaseback Transaction
DeferredTaxAssetsDeferredGainOnSaleLeasebackTransaction
0 USD
CY2019Q1 us-gaap Deferred Tax Assets Deferred Gain On Sale Leaseback Transaction
DeferredTaxAssetsDeferredGainOnSaleLeasebackTransaction
45740000 USD
CY2020Q1 tjx Deferred Tax Asset Operating Lease Liabilities
DeferredTaxAssetOperatingLeaseLiabilities
2384486000 USD
CY2020Q1 tjx Deferred Tax Assets Accruals And Reserves
DeferredTaxAssetsAccrualsAndReserves
54550000 USD
CY2019Q1 tjx Deferred Tax Assets Accruals And Reserves
DeferredTaxAssetsAccrualsAndReserves
42709000 USD
CY2020Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
83707000 USD
CY2019Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
65776000 USD
CY2020Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
2873887000 USD
CY2019Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
479995000 USD
CY2020Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
60086000 USD
CY2019Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
51711000 USD
CY2020Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2813801000 USD
CY2019Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
428284000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
557848000 USD
CY2019Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
497906000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
46778000 USD
CY2019Q1 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
42981000 USD
CY2020Q1 tjx Deferred Tax Liability Operating Lease Right Of Use Assets
DeferredTaxLiabilityOperatingLeaseRightOfUseAssets
2315690000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
15705000 USD
CY2019Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
14019000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
1806000 USD
CY2019Q1 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
1856000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
6012000 USD
CY2019Q1 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
23246000 USD
CY2020Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
2943839000 USD
CY2019Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
580008000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
130038000 USD
CY2019Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
151724000 USD
CY2020Q1 us-gaap Deferred Income Taxes And Other Assets Current
DeferredIncomeTaxesAndOtherAssetsCurrent
12132000 USD
CY2019Q1 us-gaap Deferred Income Taxes And Other Assets Current
DeferredIncomeTaxesAndOtherAssetsCurrent
6467000 USD
CY2020Q1 us-gaap Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
142170000 USD
CY2019Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
151724000 USD
CY2020Q1 tjx Undistributed Earnings Of Foreign Subsidiaries That Would Not Impact Income Taxes
UndistributedEarningsOfForeignSubsidiariesThatWouldNotImpactIncomeTaxes
1500000000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.337
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.046
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.045
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.036
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.008
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.012
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.001
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.013
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.012
CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.013
CY2020 tjx Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Change In Tax Rate
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017ChangeInTaxRate
0
CY2019 tjx Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Change In Tax Rate
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017ChangeInTaxRate
0.015
CY2018 tjx Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Change In Tax Rate
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017ChangeInTaxRate
-0.023
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.006
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.003
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.012
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.257
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.267
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.324
CY2020Q1 tjx Unrecognized Tax Benefits Net Of Federal Tax Benefit
UnrecognizedTaxBenefitsNetOfFederalTaxBenefit
254800000 USD
CY2019Q1 tjx Unrecognized Tax Benefits Net Of Federal Tax Benefit
UnrecognizedTaxBenefitsNetOfFederalTaxBenefit
233400000 USD
CY2018Q1 tjx Unrecognized Tax Benefits Net Of Federal Tax Benefit
UnrecognizedTaxBenefitsNetOfFederalTaxBenefit
57300000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
244195000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
61704000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
49092000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
21559000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
7406000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
6504000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
722000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
177741000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
7990000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
587000 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4022000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1388000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1295000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
3095000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1268000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
222000000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
55800000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
244195000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
61704000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
240000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
4700000 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
11900000 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1900000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
27900000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
23600000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
11900000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y2M12D
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.029
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
1752122000 USD
CY2020 tjx Variable And Short Term Lease Cost
VariableAndShortTermLeaseCost
1226716000 USD
CY2020 us-gaap Lease Cost
LeaseCost
2978838000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
1736403000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1786212000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1781208000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1667836000 USD
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CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
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10217972000 USD
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CY2019Q1 us-gaap Accrued Liabilities And Other Liabilities
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0.05
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0 USD
CY2019Q1 tjx Landlord Allowances Non Current
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CY2019Q1 us-gaap Other Sundry Liabilities Noncurrent
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CY2020Q1 us-gaap Other Liabilities Noncurrent
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CY2019Q1 us-gaap Other Liabilities Noncurrent
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8 Leases
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28000000.0 USD
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29600000 USD
CY2019Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
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CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
1147511000 USD
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0 USD
CY2019Q1 tjx Construction Work In Progress Other
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CY2020Q1 us-gaap Dividends Payable Current And Noncurrent
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42943000 USD
CY2018Q1 us-gaap Dividends Payable Current And Noncurrent
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29836000 USD
CY2020 tjx Non Cash Changes In Property Additions
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6189000 USD
CY2019 tjx Non Cash Changes In Property Additions
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28836000 USD
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0.58
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0.63
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0.69
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0.82
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0.57
CY2019Q3 us-gaap Earnings Per Share Diluted
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0.62
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0.68
CY2020Q1 us-gaap Earnings Per Share Diluted
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0.81
CY2018Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
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CY2018Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
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11127340000 USD
CY2018Q2 us-gaap Gross Profit
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2510481000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
2695300000 USD
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2842276000 USD
CY2019Q1 us-gaap Gross Profit
GrossProfit
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CY2019Q1 us-gaap Net Income Loss
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CY2018Q2 us-gaap Earnings Per Share Basic
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0.57
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0.59
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0.62
CY2019Q1 us-gaap Earnings Per Share Basic
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0.58
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0.61
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.68

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