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Pension Plans and Other Retirement Benefits (Tables) | 9 Months Ended
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Oct. 29, 2016
Financial Information Related to Funded Defined Benefit Pension Plan and Unfunded Supplemental Retirement Plan | Presented below is financial information relating to TJX’s funded defined benefit pension plan (qualified pension plan or funded plan) and its unfunded supplemental pension plan (unfunded plan) for the periods shown:
|  | Funded Plan |  |  | Unfunded Plan |
|  | Thirteen Weeks Ended |  |  | Thirteen Weeks Ended |
In thousands |  | October 29, 2016 |  |  | October 31, 2015 |  |  | October 29, 2016 |  |  | October 31, 2015 |
Service cost |  | $ | 11,360 |  |  | $ | 11,453 |  |  | $ | 293 |  |  | $ | (215 | )
Interest cost |  |  | 14,023 |  |  |  | 12,885 |  |  |  | 793 |  |  |  | 533 |
Expected return on plan assets |  |  | (17,633 | ) |  |  | (19,546 | ) |  |  | — |  |  |  | — |
Recognized actuarial losses |  |  | 7,943 |  |  |  | 8,048 |  |  |  | 783 |  |  |  | 211 |
Expense related to current period |  |  | 15,693 |  |  |  | 12,840 |  |  |  | 1,869 |  |  |  | 529 |
Pension settlement charge |  |  | 31,173 |  |  |  | — |  |  |  | — |  |  |  | — |
Total expense |  | $ | 46,866 |  |  | $ | 12,840 |  |  | $ | 1,869 |  |  | $ | 529 |
|  | Funded Plan |  |  | Unfunded Plan |
|  | Thirty-Nine Weeks Ended |  |  | Thirty-Nine Weeks Ended |
In thousands |  | October 29, 2016 |  |  | October 31, 2015 |  |  | October 29, 2016 |  |  | October 31, 2015 |
Service cost |  | $ | 33,778 |  |  | $ | 37,561 |  |  | $ | 1,376 |  |  | $ | 1,172 |
Interest cost |  |  | 42,747 |  |  |  | 38,783 |  |  |  | 2,543 |  |  |  | 2,275 |
Expected return on plan assets |  |  | (53,503 | ) |  |  | (58,532 | ) |  |  | — |  |  |  | — |
Recognized actuarial losses |  |  | 22,362 |  |  |  | 25,142 |  |  |  | 2,512 |  |  |  | 2,969 |
Net periodic pension cost |  |  | 45,384 |  |  |  | 42,954 |  |  |  | 6,431 |  |  |  | 6,416 |
Pension settlement charge |  |  | 31,173 |  |  |  | — |  |  |  | — |  |  |  | — |
Total expense |  | $ | 76,557 |  |  | $ | 42,954 |  |  | $ | 6,431 |  |  | $ | 6,416 |
Financial Information Related to Funded Status of Defined Benefit Pension Plan as Result of Measurement and Lump Sum Payment | Presented below is the funded status of the plan as a result of this measurement and lump sum payment:
In thousands |  |  |
Change in projected benefit obligation: |  |  |  |
Projected benefit obligation at beginning of year |  | $ | 1,213,000 |
Service cost |  |  | 28,337 |
Interest cost |  |  | 38,754 |
Actuarial (gains) losses |  |  | 231,636 |
Benefits paid including lump sum payment |  |  | (122,029 | )
Expenses paid |  |  | (2,980 | )
Projected benefit obligation at measurement date |  | $ | 1,386,718 |
Change in plan assets: |  |  |  |
Fair value of plan assets at beginning of year |  | $ | 1,119,842 |
Actual return on plan assets |  |  | 159,787 |
Employer contribution |  |  | — |
Benefits paid including lump sum payment |  |  | (122,029 | )
Expenses paid |  |  | (2,980 | )
Fair value of plan assets at measurement date |  | $ | 1,154,620 |
Funded status: |  |  |  |
Projected benefit obligation at measurement date |  | $ | 1,386,718 |
Fair value of plan assets at measurement date |  |  | 1,154,620 |
Funded status – excess obligation at measurement date |  | $ | 232,098 |
Amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive income (loss): |  |  |  |
Prior service cost |  | $ | 2,438 |
Accumulated actuarial losses |  |  | 416,873 |
Amounts included in accumulated other comprehensive income (loss) |  | $ | 419,311 |

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- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e2439-114920 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e2417-114920 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e2410-114920 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=73719040&loc=d3e4179-114921 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920 + Details
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