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Pension Plans and Other Retirement Benefits (Tables)
6 Months Ended
Jul. 29, 2017
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  
     July 29,      July 30,      July 29,      July 30,  

In thousands

   2017      2016      2017      2016  

Service cost

   $ 11,804      $ 11,209      $ 587      $ 542  

Interest cost

     13,759        14,362        843        875  

Expected return on plan assets

     (17,382      (17,935      —          —    

Recognized actuarial losses

     5,574        7,210        833        864  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total expense

   $ 13,755      $ 14,846      $ 2,263      $ 2,281  
  

 

 

    

 

 

    

 

 

    

 

 

 
     Funded Plan      Unfunded Plan  
     Twenty-Six Weeks Ended      Twenty-Six Weeks Ended  
     July 29,      July 30,      July 29,      July 30,  

In thousands

   2017      2016      2017      2016  

Service cost

   $ 23,609      $ 22,418      $ 1,175      $ 1,083  

Interest cost

     27,518        28,724        1,686        1,750  

Expected return on plan assets

     (34,764      (35,870      —          —    

Recognized actuarial losses

     11,154        14,419        1,664        1,729  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total expense

   $ 27,517      $ 29,691      $ 4,525      $ 4,562