EX-12.1 3 d526833dex121.htm EX-12.1

EX-12.1

Exhibit 12.1

The TJX Companies, Inc.

Computation of Ratio of Earnings to Fixed Charges

  (Dollars in millions)

		— Fiscal Year Ended —
		2/2/2013				1/28/2012				1/29/2011				1/30/2010				1/31/2009
Income from continuing operations:		$	1,906.7			$	1,496.1			$	1,339.5			$	1,213.6			$	914.9
Add Back:
Taxes			1,170.7				915.3				824.6				738.0				536.0
Interest expense			40.8				46.7				49.0				48.5				36.5
Interest portion of rent expense			328.0				304.1				288.8				269.3				281.0
A) Income before taxes and fixed charges		$	3,446.2			$	2,762.2			$	2,501.9			$	2,269.4			$	1,768.4
Fixed charges
Capitalized Interest		$	7.8			$	2.6			$	0.0			$	0.8			$	1.6
Interest expense			40.8				46.7				49.0				48.5				36.5
Interest portion of rent expense			328.0				304.1				288.8				269.3				281.0
B) Fixed charges		$	376.6			$	353.4			$	337.8			$	318.6			$	319.1
Ratio of earnings to fixed charges (A/B)			9.15X				7.82X				7.41X				7.12X				5.54X