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Financial Instruments (Tables) | 12 Months Ended
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Feb. 02, 2013
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 February 2, 2013:
In thousands |  | Pay |  |  | Receive |  |  | Blended Contract Rate |  |  | Balance Sheet Location |  |  | Current Asset U.S.$ |  |  | Current (Liability) U.S.$ |  |  | Net Fair Value in U.S.$ at February 2, 2013 |
Fair value hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Intercompany balances, primarily short-term debt and related interest |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | zł 141,500 |  |  |  | C$ 44,551 |  |  |  | 0.3148 |  |  |  | (Accrued Exp) |  |  | $ | — |  |  | $ | (1,357 | ) |  | $ | (1,357 | )
|  |  | € 44,281 |  |  |  | £ 35,781 |  |  |  | 0.8080 |  |  |  | (Accrued Exp) |  |  |  | — |  |  |  | (4,531 | ) |  |  | (4,531 | )
|  |  | € 90,292 |  |  |  | U.S.$ 118,511 |  |  |  | 1.3125 |  |  |  | (Accrued Exp) |  |  |  | — |  |  |  | (4,823 | ) |  |  | (4,823 | )
|  |  | U.S.$ 87,117 |  |  |  | £ 55,000 |  |  |  | 0.6313 |  |  |  | (Accrued Exp) |  |  |  | — |  |  |  | (974 | ) |  |  | (974 | )
Economic hedges for which hedge accounting was not elected: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Diesel contracts |  |  | Fixed on 1.1M —1.7M gal per month |  |  |  | Float on 1.1M —1.7M gal per month |  |  |  | N/A |  |  |  | Prepaid Exp |  |  |  | 3,372 |  |  |  | — |  |  |  | 3,372 |
Merchandise purchase commitments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | C$ 238,273 |  |  |  | U.S.$ 240,814 |  |  |  | 1.0107 |  |  |  | Prepaid Exp / (Accrued Exp) |  |  |  | 2,205 |  |  |  | (189 | ) |  |  | 2,016 |
|  |  | C$ 4,752 |  |  |  | € 3,700 |  |  |  | 0.7786 |  |  |  | Prepaid Exp |  |  |  | 282 |  |  |  | — |  |  |  | 282 |
|  |  | £ 67,746 |  |  |  | U.S.$ 108,900 |  |  |  | 1.6075 |  |  |  | Prepaid Exp |  |  |  | 2,602 |  |  |  | — |  |  |  | 2,602 |
|  |  | £ 10,935 |  |  |  | € 13,000 |  |  |  | 1.1888 |  |  |  | Prepaid Exp |  |  |  | 565 |  |  |  | — |  |  |  | 565 |
|  |  | U.S.$ 7,099 |  |  |  | € 5,443 |  |  |  | 0.7667 |  |  |  | Prepaid Exp |  |  |  | 326 |  |  |  | — |  |  |  | 326 |
Total fair value of financial instruments |  |  |  |  |  |  |  |  |  |  | $ | 9,352 |  |  | $ | (11,874 | ) |  | $ | (2,522 | )
The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at January 28, 2012:
In thousands |  | Pay |  |  | Receive |  |  | Blended Contract Rate |  |  | Balance Sheet Location |  |  | Current Asset U.S.$ |  |  | Current (Liability) U.S.$ |  |  | Net Fair Value in U.S.$ at January 28, 2012 |
Fair value hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Intercompany balances, primarily short-term debt and related interest |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | zł 62,000 |  |  |  | C$ 18,237 |  |  |  | 0.2941 |  |  |  | (Accrued Exp) |  |  | $ | — |  |  | $ | (784 | ) |  | $ | (784 | )
|  |  | € 25,000 |  |  |  | £ 21,335 |  |  |  | 0.8534 |  |  |  | Prepaid Exp |  |  |  | 333 |  |  |  | — |  |  |  | 333 |
|  |  | € 75,292 |  |  |  | U.S.$ 100,781 |  |  |  | 1.3385 |  |  |  | Prepaid Exp / (Accrued Exp) |  |  |  | 1,156 |  |  |  | (98 | ) |  |  | 1,058 |
|  |  | U.S.$ 85,389 |  |  |  | £ 55,000 |  |  |  | 0.6441 |  |  |  | Prepaid Exp |  |  |  | 796 |  |  |  | — |  |  |  | 796 |
Economic hedges for which hedge accounting was not elected: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Diesel contracts |  |  | Fixed on 450K—1.5M gal per month |  |  |  | Float on 450K—1.5M gal per month |  |  |  | N/A |  |  |  | Prepaid Exp |  |  |  | 1,698 |  |  |  | — |  |  |  | 1,698 |
Merchandise purchase commitments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | C$ 272,210 |  |  |  | US$ 273,356 |  |  |  | 1.0042 |  |  |  | Prepaid Exp / (Accrued Exp) |  |  |  | 4,201 |  |  |  | (2,175 | ) |  |  | 2,026 |
|  |  | C$ 8,475 |  |  |  | € 6,300 |  |  |  | 0.7434 |  |  |  | Prepaid Exp / (Accrued Exp) |  |  |  | 53 |  |  |  | (178 | ) |  |  | (125 | )
|  |  | £ 40,401 |  |  |  | U.S.$ 63,000 |  |  |  | 1.5594 |  |  |  | (Accrued Exp) |  |  |  | — |  |  |  | (541 | ) |  |  | (541 | )
|  |  | £ 33,793 |  |  |  | € 40,000 |  |  |  | 1.1837 |  |  |  | Prepaid Exp / (Accrued Exp) |  |  |  | 135 |  |  |  | (405 | ) |  |  | (270 | )
|  |  | U.S.$ 3,135 |  |  |  | € 2,366 |  |  |  | 0.7547 |  |  |  | Prepaid Exp / (Accrued Exp) |  |  |  | 28 |  |  |  | (36 | ) |  |  | (8 | )
Total fair value of financial instruments |  |  |  |  |  |  |  |  |  |  | $ | 8,400 |  |  | $ | (4,217 | ) |  | $ | 4,183 |
Impact of Derivative Financial Instruments on Statements of Income | The impact of derivative financial instruments on the statements of income during fiscal 2013, fiscal 2012 and fiscal 2011 are as follows:
|  |  |  | Amount of Gain (Loss) Recognized in Income by Derivative |
In thousands |  | Location of Gain (Loss) Recognized in Income by Derivative |  | February 2, 2013 |  |  | January 28, 2012 |  |  | January 29, 2011 |
|  |  |  | (53 weeks) |  |  |  |  |  |  |
Fair value hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Intercompany balances, primarily short-term debt and related interest |  | Selling, general and administrative expenses |  | $ | (7,661 | ) |  | $ | 4,313 |  |  | $ | 2,551 |
Economic hedges for which hedge accounting was not elected: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Diesel contracts |  | Cost of sales, including buying and occupancy costs |  |  | 4,261 |  |  |  | 1,626 |  |  |  | (2,872 | )
Merchandise purchase commitments |  | Cost of sales, including buying and occupancy costs |  |  | (2,084 | ) |  |  | (1,345 | ) |  |  | (15,688 | )
Gain (loss) recognized in income |  |  |  | $ | (5,484 | ) |  | $ | 4,594 |  |  | $ | (16,009 | )

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- Definition Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + Details
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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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