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Pension Plans And Other Retirement Benefits
 3 Months Ended
Apr. 28, 2012
Pension Plans And Other Retirement Benefits [Abstract]  
Pension Plans And Other Retirement Benefits

Note G. Pension Plans and Other Retirement Benefits

Presented below is financial information related to TJX's funded defined benefit retirement plan (funded plan) and its unfunded supplemental pension plan (unfunded plan) for the periods shown.

 

     Pension
(Funded Plan)		     Pension
(Unfunded Plan)		  
     Thirteen Weeks Ended     Thirteen Weeks Ended  

In thousands

    April 28,
2012		     April 30,
2011		     April 28,
2012		      April 30,
2011		  

Service cost

    $ 9,825      $ 8,250      $ 339       $ 266   

Interest cost

      10,263        9,453        570         624   

Expected return on plan assets

      (13,926 )      (12,259 )      —           —     

Amortization of prior service cost

      —          —          1         1   

Recognized actuarial losses

      7,097        2,313        475         207   
  

 

 

    

 

 

    

 

 

     

 

 

  

Total expense

    $ 13,259      $ 7,757      $ 1,385       $ 1,098   
  

 

 

    

 

 

    

 

 

     

 

 

  

TJX's policy with respect to the funded plan is to fund, at a minimum, the amount required to maintain a funded status of 80% of the applicable pension liability (the funding target pursuant to the Internal Revenue Code section 430) or such other amount sufficient to avoid restrictions with respect to the funding of TJX's nonqualified plans under the Internal Revenue Code. As a result of funding in fiscal 2012, TJX does not anticipate any required funding in fiscal 2013 for the funded plan. TJX anticipates making payments of $3.4 million to provide current benefits coming due under the unfunded plan in fiscal 2013.