2015 Q1 Form 10-K Financial Statement

#000119312515114276 Filed on March 31, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2015 2014 Q4
Revenue $8.304B $29.08B $7.366B
YoY Change 6.34% 6.04% 5.5%
Cost Of Revenue $5.959B $20.78B $5.204B
YoY Change 5.47% 5.98% 5.47%
Gross Profit $2.345B $8.302B $2.162B
YoY Change 8.64% 6.19% 5.62%
Gross Profit Margin 28.24% 28.55% 29.36%
Selling, General & Admin $1.306B $4.695B $1.193B
YoY Change 7.49% 5.11% 2.99%
% of Gross Profit 55.69% 56.56% 55.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $150.8M $589.0M $146.5M
YoY Change 6.57% 7.32% 3.68%
% of Gross Profit 6.43% 7.09% 6.77%
Operating Expenses $1.306B $4.695B $1.193B
YoY Change 7.49% 5.11% 2.99%
Operating Profit $1.039B $3.931B $1.050B
YoY Change 10.11% 6.82% 6.56%
Interest Expense -$9.000M $64.78M -$10.00M
YoY Change 12.5% 13.49% 11.11%
% of Operating Profit -0.87% 1.65% -0.95%
Other Income/Expense, Net
YoY Change
Pretax Income $1.030B $3.550B $959.1M
YoY Change 10.04% 6.94% 9.07%
Income Tax $381.0M $1.335B $364.1M
% Of Pretax Income 36.99% 37.6% 37.97%
Net Earnings $648.2M $2.215B $595.0M
YoY Change 11.32% 3.64% -4.45%
Net Earnings / Revenue 7.81% 7.62% 8.08%
Basic Earnings Per Share $0.95 $3.20 $0.86
Diluted Earnings Per Share $0.93 $3.15 $0.85
COMMON SHARES
Basic Shares Outstanding 683.5M shares 692.7M shares 690.2M shares
Diluted Shares Outstanding 703.5M shares 701.0M shares

Balance Sheet

Concept 2015 Q1 2015 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.776B $2.776B $2.431B
YoY Change 13.58% 13.58% 7.47%
Cash & Equivalents $2.494B $2.494B $2.154B
Short-Term Investments $283.0M $283.0M $277.0M
Other Short-Term Assets $356.8M $357.0M $381.2M
YoY Change 3.33% -20.13% 10.49%
Inventory $3.218B $3.218B $3.959B
Prepaid Expenses
Receivables $213.8M $214.0M $260.9M
Other Receivables $12.00M $12.00M $0.00
Total Short-Term Assets $6.577B $6.577B $7.155B
YoY Change 8.4% 8.39% 8.02%
LONG-TERM ASSETS
Property, Plant & Equipment $3.868B $3.868B $3.850B
YoY Change 7.62% 7.59% 8.74%
Goodwill $169.0M
YoY Change -0.15%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $210.5M $233.0M $251.1M
YoY Change 8.34% 3.1% 31.0%
Total Long-Term Assets $4.401B $4.412B $4.437B
YoY Change 9.2% 6.75% 9.68%
TOTAL ASSETS
Total Short-Term Assets $6.577B $6.577B $7.155B
Total Long-Term Assets $4.401B $4.412B $4.437B
Total Assets $10.98B $10.99B $11.59B
YoY Change 8.72% 7.72% 8.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.008B $2.008B $2.554B
YoY Change 13.34% 13.38% 8.87%
Accrued Expenses $1.796B $934.0M $1.787B
YoY Change 6.78% 17.34% 7.13%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.930B $3.930B $4.390B
YoY Change 11.71% 11.71% 8.55%
LONG-TERM LIABILITIES
Long-Term Debt $1.615B $1.685B $1.624B
YoY Change 27.17% 32.26% 27.44%
Other Long-Term Liabilities $888.1M $827.0M $741.1M
YoY Change 21.16% 12.82% -10.84%
Total Long-Term Liabilities $2.503B $2.512B $2.365B
YoY Change 24.97% 25.16% 12.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.930B $3.930B $4.390B
Total Long-Term Liabilities $2.503B $2.512B $2.365B
Total Liabilities $6.433B $6.725B $6.754B
YoY Change 16.52% 12.63% 9.84%
SHAREHOLDERS EQUITY
Retained Earnings $4.134B $3.929B
YoY Change 10.99% 7.91%
Common Stock $684.7M $688.9M
YoY Change -2.88% -3.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.264B $4.264B $4.374B
YoY Change
Total Liabilities & Shareholders Equity $10.99B $10.99B $11.59B
YoY Change 7.72% 7.72% 8.65%

Cashflow Statement

Concept 2015 Q1 2015 2014 Q4
OPERATING ACTIVITIES
Net Income $648.2M $2.215B $595.0M
YoY Change 11.32% 3.64% -4.45%
Depreciation, Depletion And Amortization $150.8M $589.0M $146.5M
YoY Change 6.57% 7.32% 3.68%
Cash From Operating Activities $1.183B $3.008B $737.1M
YoY Change 22.31% 16.14% -10.34%
INVESTING ACTIVITIES
Capital Expenditures -$205.6M $911.5M -$280.8M
YoY Change 9.71% -3.71% 7.05%
Acquisitions
YoY Change
Other Investing Activities -$42.00M -$43.10M -$2.900M
YoY Change -42.93% -56.51% -86.45%
Cash From Investing Activities -$247.6M -$954.6M -$283.6M
YoY Change -5.13% -7.82% -0.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.508B
YoY Change 13.82%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -468.9M -1.560B -437.0M
YoY Change -10.77% 36.34% 10.3%
NET CHANGE
Cash From Operating Activities 1.183B 3.008B 737.1M
Cash From Investing Activities -247.6M -954.6M -283.6M
Cash From Financing Activities -468.9M -1.560B -437.0M
Net Change In Cash 466.4M 494.3M 16.50M
YoY Change 158.25% 20.3% -88.4%
FREE CASH FLOW
Cash From Operating Activities $1.183B $3.008B $737.1M
Capital Expenditures -$205.6M $911.5M -$280.8M
Free Cash Flow $1.389B $2.097B $1.018B
YoY Change 20.27% 27.57% -6.13%

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CY2015Q1 tjx Ratio Of Indebtedness To Earnings Before Interest Tax Depreciation And Amortization
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CY2015Q1 tjx Total Net Present Value Of Minimum Operating Lease Obligations
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CY2015Q1 tjx Number Of Annual Deferred Share Awards Awarded To Outside Directors
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CY2015Q1 tjx Reserves Related To Former Operations
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CY2015Q1 dei Entity Common Stock Shares Outstanding
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CY2012Q4 us-gaap Goodwill
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CY2012Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets
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CY2012Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
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CY2012Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
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CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2014 us-gaap Stock Repurchased During Period Value
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CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2014 tjx Changes In Accrued Expenses Due To Property Addition
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ConsolidationCosts
-3312000
CY2014 tjx Changes In Accrued Expenses Due To Dividends Payable
ChangesInAccruedExpensesDueToDividendsPayable
19380000
CY2014 tjx Cost Of Sales Including Buying And Occupancy Costs
CostOfSalesIncludingBuyingAndOccupancyCosts
19605037000
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.15
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P9Y
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
20.39
CY2015 dei Document Type
DocumentType
10-K
CY2015 dei Entity Registrant Name
EntityRegistrantName
TJX COMPANIES INC /DE/
CY2015 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2015 dei Trading Symbol
TradingSymbol
TJX
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
6981000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
12.00
CY2015 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
27700000 shares
CY2015 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2015 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.376 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.009 pure
CY2015 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
10854000 shares
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3008369000
CY2015 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
62.85
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.012 pure
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y6M
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
418000 shares
CY2015 us-gaap Stock Repurchased During Period Shares
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27600000 shares
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.036 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
4849000 shares
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P5Y3M18D
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
717500 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0179 pure
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 3%"> <font style="FONT-FAMILY: arial" size="2"><strong><i>Use of Estimates</i>:</strong> Preparation of the TJX financial statements, in conformity with accounting principles generally accepted in the United States of America (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, impairments of long-lived assets, goodwill and tradenames, retirement obligations, share-based compensation, casualty insurance, reserves for uncertain tax positions, reserves for former operations 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.</font></p> </div>
CY2015 dei Document Period End Date
DocumentPeriodEndDate
2015-01-31
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.001 pure
CY2015 us-gaap Fiscal Period
FiscalPeriod
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 3%"> <font style="FONT-FAMILY: arial" size="2"><i><strong>Fiscal Year:</strong></i> TJX&#x2019;s fiscal year ends on the Saturday nearest to the last day of January of each year. The fiscal years ended January&#xA0;31, 2015 (fiscal 2015) and February&#xA0;1, 2014 (fiscal 2014) each included 52 weeks. The fiscal year ended February&#xA0;2, 2013 (fiscal 2013) included 53 weeks.</font></p> </div>
CY2015 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2015 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 Segment
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
48.76
CY2015 dei Amendment Flag
AmendmentFlag
false
CY2015 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--01-31
CY2015 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
703545000 shares
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.20
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
59.70
CY2015 dei Entity Central Index Key
EntityCentralIndexKey
0000109198
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.70
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.242 pure
CY2015 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8800000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
692691000 shares
CY2015 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
3930915000
CY2015 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 3%"> <font style="FONT-FAMILY: arial" size="2"><i><strong>Revisions:</strong></i> The cash flow impact of purchases and sales of investments designed to meet obligations under TJX&#x2019;s Executive Savings Plan of approximately $10.0 million in both fiscal 2014 and 2013 has been adjusted to correct the presentation from &#x2018;other&#x2019;, in operating activity, to &#x2018;Purchases of investments&#x2019; or &#x2018;Sales and maturities of investments&#x2019; in cash flows from investing activity. These revisions to the statement of cash flows&#xA0;represent errors that are not deemed to be material, individually or in the aggregate, to the prior period financial statements.</font></p> </div>
CY2015 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
32917000
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1860275000
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
1091128000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3549884000
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4771000
CY2015 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-3897000
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
95063000
CY2015 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
416357000
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3719000
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
332271000
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
465902000
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
300000
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
5278000
CY2015 us-gaap Revenue Recognition Gift Cards Breakage
RevenueRecognitionGiftCardsBreakage
17800000
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-218700000
CY2015 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
7523000
CY2015 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-39787000
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
12403000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
606139000
CY2015 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
24300000
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
220032000
CY2015 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
431152000
CY2015 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
7937000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-354853000
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1650704000
CY2015 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6185000
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-4762000
CY2015 us-gaap Revenues
Revenues
29078407000
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
911522000
CY2015 us-gaap Net Income Loss
NetIncomeLoss
2215128000
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
15593000
CY2015 us-gaap Interest Paid
InterestPaid
66265000
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9052000
CY2015 us-gaap Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued
DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued
70000
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
88014000
CY2015 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax
-139366000
CY2015 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
800000
CY2015 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
12475000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2943745000
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-16830000
CY2015 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
20800000
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-452000
CY2015 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
60733000
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1650704000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
344029000
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
782000
CY2015 us-gaap Defined Benefit Plans Estimated Future Employer Contributions In Next Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear
3300000
CY2015 us-gaap Depreciation Nonproduction
DepreciationNonproduction
595600000
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1334756000
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
102070000
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
588975000
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-150161000
CY2015 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
9403000
CY2015 us-gaap Interest Expense
InterestExpense
64783000
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4695384000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
21400000
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
363000
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
14231000
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
95063000
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
144977000
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
896672000
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
483280000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-1559542000
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-56567000
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
143005000
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
180616000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-954637000
CY2015 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
388037000
CY2015 us-gaap Advertising Expense
AdvertisingExpense
371300000
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
155398000
CY2015 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
151300000
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1321600000
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
-7523000
CY2015 us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
OtherComprehensiveIncomeFinalizationOfPensionAndNonPensionPostretirementPlanValuationTax
-91941000
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-3149000
CY2015 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
285223000
CY2015 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
15200000
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
88014000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
286300000
CY2015 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1900000
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
87057000
CY2015 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
4591000
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
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749475000
CY2015 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1700000000
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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2747000
CY2015 tjx Interest Accretion
InterestAccretion
525000
CY2015 tjx Options Granted At Market Price In Percentage
OptionsGrantedAtMarketPriceInPercentage
1.00 pure
CY2015 tjx Share Based Compensation Arrangement By Share Based Payment Award Outstanding Options Vested And Expected To Vest Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOutstandingOptionsVestedAndExpectedToVestWeightedAverageExercisePrice
34.42
CY2015 tjx General Corporate Expenses
GeneralCorporateExpenses
324414000
CY2015 tjx Percentage Of Employees Limit For Contribution
PercentageOfEmployeesLimitForContribution
0.50 pure
CY2015 tjx Percentage Of Other Current Liability Individual Item Which Makes Up Current Liabilities
PercentageOfOtherCurrentLiabilityIndividualItemWhichMakesUpCurrentLiabilities
0.05 pure
CY2015 tjx Unrecognized Tax Benefits Net Of Federal Tax Benefit
UnrecognizedTaxBenefitsNetOfFederalTaxBenefit
32700000
CY2015 tjx Termination Benefits And All Other Charged To Reserve
TerminationBenefitsAndAllOtherChargedToReserve
107000
CY2015 tjx Segment Reporting Information Sales Revenue Net Percentage
SegmentReportingInformationSalesRevenueNetPercentage
1.00 pure
CY2015 tjx Minimum Range Of Rates For Matching Employee Contributions
MinimumRangeOfRatesForMatchingEmployeeContributions
0.25 pure
CY2015 tjx Minimum Percentage Of Pension Liability Under Pension Protection Act
MinimumPercentageOfPensionLiabilityUnderPensionProtectionAct
0.80 pure
CY2015 tjx Lease Related Obligations Charged To Reserve
LeaseRelatedObligationsChargedToReserve
4907000
CY2015 tjx Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Vesting Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodVestingPeriod
P3Y
CY2015 tjx Options Outstanding Expected To Vest Represents Total Unvested Options Adjusted For Anticipated Forfeitures
OptionsOutstandingExpectedToVestRepresentsTotalUnvestedOptionsAdjustedForAnticipatedForfeitures
9000000 shares
CY2015 tjx Liabilities Less Than Specific Percentage Included In Other Current Liabilities
LiabilitiesLessThanSpecificPercentageIncludedInOtherCurrentLiabilities
All other current liabilities include accruals for advertising, property additions, dividends, freight, interest, reserve for sales returns, expense payables, purchased services and other items, each of which is individually less than 5% of current liabilities.
CY2015 tjx Share Based Compensation Arrangement By Share Based Payment Award Shares Outstanding Options Vested And Expected To Vest
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesOutstandingOptionsVestedAndExpectedToVest
29355000 shares
CY2015 tjx Highly Liquid Investments Maximum Maturity Term
HighlyLiquidInvestmentsMaximumMaturityTerm
P90D
CY2015 tjx Changes In Accrued Expenses Due To Property Addition
ChangesInAccruedExpensesDueToPropertyAddition
8254000
CY2015 tjx Share Based Compensation Arrangement By Share Based Payment Award Outstanding Options Vested And Expected To Vest Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOutstandingOptionsVestedAndExpectedToVestWeightedAverageRemainingContractualTerm
P6Y3M18D
CY2015 tjx Share Based Compensation Arrangement By Share Based Payment Award Vesting Period From Date Of Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardVestingPeriodFromDateOfGrant
P1Y
CY2015 tjx Rent Expense Recorded Prior To Minimum Number Of Period Before Opening Of Store
RentExpenseRecordedPriorToMinimumNumberOfPeriodBeforeOpeningOfStore
P30D
CY2015 tjx Maximum Range Of Rates For Matching Employee Contributions
MaximumRangeOfRatesForMatchingEmployeeContributions
0.75 pure
CY2015 tjx Consolidation Costs
ConsolidationCosts
-12300000
CY2015 tjx Changes In Accrued Expenses Due To Dividends Payable
ChangesInAccruedExpensesDueToDividendsPayable
17377000
CY2015 tjx Postretirement Medical And Life Insurance Benefits To Retirees
PostretirementMedicalAndLifeInsuranceBenefitsToRetirees
Who are eligible for the defined benefit plan and who retired at age 55 or older with ten or more years of service
CY2015 tjx Rate Of Eligible Pay For Matching Employee Contributions
RateOfEligiblePayForMatchingEmployeeContributions
0.05 pure
CY2015 tjx Share Based Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Awarded In Period
ShareBasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAwardedInPeriod
281076 shares
CY2015 tjx Percentage Of Employee Contribution From Eligible Pay
PercentageOfEmployeeContributionFromEligiblePay
0.50 pure
CY2015 tjx Rent Expense Recorded Prior To Maximum Number Of Period Before Opening Of Store
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P60D
CY2015 tjx Cost Of Sales Including Buying And Occupancy Costs
CostOfSalesIncludingBuyingAndOccupancyCosts
20776522000
CY2013 tjx Percentage Of Plan Investments Representing Stock Funds
PercentageOfPlanInvestmentsRepresentingStockFunds
0.083 pure
CY2014 tjx Percentage Of Plan Investments Representing Stock Funds
PercentageOfPlanInvestmentsRepresentingStockFunds
0.074 pure
CY2012 tjx Percentage Of Plan Investments Representing Stock Funds
PercentageOfPlanInvestmentsRepresentingStockFunds
0.072 pure
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.55
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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15.90
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
8385000 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.28
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.380 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.003 pure
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
13967000 shares
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3055720000
CY2013 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
41.74
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.010 pure
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y6M
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
890000 shares
CY2013 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
32000000 shares
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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