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Segment Information | 12 Months Ended
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Feb. 01, 2014
Segment Information | Note H. Segment Information TJX operates four main business segments. The Marmaxx segment (T.J. Maxx, Marshalls and tjmaxx.com) and the HomeGoods segment both operate in the United States, the TJX Canada segment operates Winners, HomeSense and Marshalls in Canada, and the TJX Europe segment operates T.K. Maxx, HomeSense and tkmaxx.com in Europe. Late in fiscal 2013 TJX acquired STP, an off-price Internet retailer in the U.S. The results of STP are reported in the Marmaxx segment. All of TJX’s stores, with the exception of HomeGoods and HomeSense, sell family apparel and home fashions. HomeGoods and HomeSense offer exclusively home fashions. The percentages of our consolidated revenues by major product category for the last three fiscal years are as follows:
|  | Fiscal 2014 |  |  | Fiscal 2013 |  |  | Fiscal 2012 |
Apparel |  |  |  |  |  |  |  |  |  |  |  |
Clothing including footwear |  |  | 58 | % |  |  | 59 | % |  |  | 60 | %
Jewelry and accessories |  |  | 14 | % |  |  | 13 | % |  |  | 13 | %
Home fashions |  |  | 28 | % |  |  | 28 | % |  |  | 27 | %
Total |  |  | 100 | % |  |  | 100 | % |  |  | 100 | %
For fiscal 2014, TJX Canada and TJX Europe accounted for 24% of TJX’s net sales, 19% of segment profit and 24% of consolidated assets. TJX evaluates the performance of its segments based on “segment profit or loss,” which it defines as pre-tax income or loss before general corporate expense and interest expense. “Segment profit or loss,” as defined by TJX, may not be comparable to similarly titled measures used by other entities. The terms “segment margin” or “segment profit margin” are used to describe segment profit or loss as a percentage of net sales. These measures of performance should not be considered alternatives to net income or cash flows from operating activities as an indicator of TJX’s performance or as a measure of liquidity. Presented below is financial information with respect to TJX’s business segments:
|  | Fiscal Year Ended |
In thousands |  | February 1, 2014 |  |  | February 2, 2013 |  |  | January 28, 2012 |
|  |  |  |  | (53 weeks) |  |  |  |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
In the United States |  |  |  |  |  |  |  |  |  |  |  |
Marmaxx |  | $ | 17,929,576 |  |  | $ | 17,011,409 |  |  | $ | 15,367,519 |
HomeGoods |  |  | 2,993,718 |  |  |  | 2,657,111 |  |  |  | 2,243,986 |
A.J. Wright(1) |  |  | — |  |  |  | — |  |  |  | 9,229 |
TJX Canada |  |  | 2,877,834 |  |  |  | 2,925,991 |  |  |  | 2,680,071 |
TJX Europe |  |  | 3,621,568 |  |  |  | 3,283,861 |  |  |  | 2,890,650 |
|  | $ | 27,422,696 |  |  | $ | 25,878,372 |  |  | $ | 23,191,455 |
Segment profit (loss): |  |  |  |  |  |  |  |  |  |  |  |
In the United States |  |  |  |  |  |  |  |  |  |  |  |
Marmaxx |  | $ | 2,612,693 |  |  | $ | 2,486,274 |  |  | $ | 2,073,430 |
HomeGoods |  |  | 386,541 |  |  |  | 324,623 |  |  |  | 234,445 |
A.J. Wright(1) |  |  | — |  |  |  | — |  |  |  | (49,291 | )
TJX Canada |  |  | 405,363 |  |  |  | 414,914 |  |  |  | 348,028 |
TJX Europe |  |  | 275,453 |  |  |  | 215,713 |  |  |  | 68,739 |
|  |  | 3,680,050 |  |  |  | 3,441,524 |  |  |  | 2,675,351 |
General corporate expense |  |  | 329,480 |  |  |  | 334,998 |  |  |  | 228,289 |
Interest expense, net |  |  | 31,081 |  |  |  | 29,175 |  |  |  | 35,648 |
Income before provision for income taxes |  | $ | 3,319,489 |  |  | $ | 3,077,351 |  |  | $ | 2,411,414 |
Business segment information (continued):
|  | Fiscal Year Ended |
In thousands |  | February 1, 2014 |  |  | February 2, 2013 |  |  | January 28, 2012 |
|  |  |  |  | (53 weeks) |  |  |  |
Identifiable assets: |  |  |  |  |  |  |  |  |  |  |  |
In the United States |  |  |  |  |  |  |  |  |  |  |  |
Marmaxx |  | $ | 4,700,347 |  |  | $ | 4,569,887 |  |  | $ | 4,115,124 |
HomeGoods |  |  | 638,742 |  |  |  | 569,476 |  |  |  | 488,405 |
TJX Canada |  |  | 962,101 |  |  |  | 978,577 |  |  |  | 746,593 |
TJX Europe |  |  | 1,510,132 |  |  |  | 1,261,556 |  |  |  | 1,070,655 |
Corporate (2) |  |  | 2,389,700 |  |  |  | 2,132,359 |  |  |  | 1,860,828 |
|  | $ | 10,201,022 |  |  | $ | 9,511,855 |  |  | $ | 8,281,605 |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |
In the United States |  |  |  |  |  |  |  |  |  |  |  |
Marmaxx |  | $ | 551,839 |  |  | $ | 590,307 |  |  | $ | 458,720 |
HomeGoods |  |  | 99,828 |  |  |  | 90,291 |  |  |  | 77,863 |
TJX Canada |  |  | 104,888 |  |  |  | 132,874 |  |  |  | 92,846 |
TJX Europe |  |  | 190,123 |  |  |  | 164,756 |  |  |  | 173,901 |
|  | $ | 946,678 |  |  | $ | 978,228 |  |  | $ | 803,330 |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |
In the United States |  |  |  |  |  |  |  |  |  |  |  |
Marmaxx |  | $ | 318,414 |  |  | $ | 293,820 |  |  | $ | 289,921 |
HomeGoods |  |  | 47,176 |  |  |  | 47,915 |  |  |  | 37,881 |
TJX Canada |  |  | 66,295 |  |  |  | 64,810 |  |  |  | 59,112 |
TJX Europe |  |  | 114,651 |  |  |  | 99,487 |  |  |  | 96,370 |
Corporate (3) |  |  | 2,287 |  |  |  | 2,897 |  |  |  | 2,417 |
|  | $ | 548,823 |  |  | $ | 508,929 |  |  | $ | 485,701 |
(1) | On December 8, 2010, the Board of Directors of TJX approved the consolidation of the A.J. Wright segment. All stores operating under the A.J. Wright banner closed by February 13, 2011 and the conversion process of certain stores to other banners was completed during the first quarter of fiscal 2012 (See Note C).
(2) | Corporate identifiable assets consist primarily of cash, receivables, prepaid insurance, the trust assets in connection with the Executive Savings Plan and deferred taxes. Consolidated cash, including cash held in our foreign entities, is included with Corporate assets for consistency with the reporting of cash for our segments in the U.S.
(3) | Includes debt discount accretion and debt expense amortization.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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