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Stock Incentive Plan (Tables) | 12 Months Ended
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Feb. 02, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The fair value of options is estimated as of the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions:
| Fiscal Year Ended
| February 2, 2019 | February 3, 2018 | January 28, 2017
Risk-free interest rate | 2.88 | % | 1.75 | % | 1.20 | %
Dividend yield | 1.4 | % | 1.5 | % | 1.2 | %
Expected volatility factor | 23.5 | % | 23.5 | % | 23.8 | %
Expected option life in years | 4.9 |  | 4.8 |  | 4.8 |
Weighted average fair value of options issued | $ | 11.85 |  | $ | 7.16 |  | $ | 7.28 |
Schedule of Stock Options and Related Weighted Average Exercise Prices | A summary of the status of TJX’s stock options and related weighted average exercise prices (“WAEP”) is presented below:
| Fiscal Year Ended
Shares in thousands | February 2, 2019 | February 3, 2018 | January 28, 2017
| Options | WAEP | Options | WAEP | Options | WAEP
Outstanding at beginning of year | 55,260 |  | $ | 27.52 |  | 54,706 |  | $ | 24.35 |  | 57,372 |  | $ | 20.84 |
Granted | 6,143 |  | 53.98 |  | 9,404 |  | 36.61 |  | 8,610 |  | 37.52 |
Exercised | (11,670 | ) | 21.88 |  | (8,192 | ) | 16.12 |  | (10,530 | ) | 15.42 |
Forfeitures | (680 | ) | 38.59 |  | (658 | ) | 35.70 |  | (746 | ) | 33.08 |
Outstanding at end of year | 49,053 |  | $ | 32.02 |  | 55,260 |  | $ | 27.52 |  | 54,706 |  | $ | 24.35 |
Options exercisable at end of year | 34,344 |  | $ | 26.95 |  | 37,952 |  | $ | 23.28 |  | 37,960 |  | $ | 19.35 |
Schedule of Stock Options Outstanding Expected to Vest and Stock Options Outstanding Exercisable | The following table summarizes information about stock options outstanding that were expected to vest and stock options outstanding that were exercisable as of February 2, 2019:
Shares in thousands | Shares | Aggregate Intrinsic Value | Weighted Average Remaining Contract Life | WAEP
Options outstanding expected to vest (1) | 13,672 |  | $ | 98,458 |  | 8.8 years | $ | 43.73 |
Options exercisable | 34,344 |  | $ | 754,018 |  | 5.0 years | $ | 26.95 |
Total outstanding options vested and expected to vest | 48,016 |  | $ | 852,476 |  | 6.1 years | $ | 31.72 |
(1) | Reflects 14.6 million unvested options, net of anticipated forfeitures.
Summary of Nonvested Performance-Based Stock Awards | A summary of the status of our nonvested stock awards and changes during fiscal 2019 is presented below:
Shares in thousands | Stock Awards | Weighted Average Grant Date Fair Value
Nonvested at beginning of year | 3,045 |  | $ | 38.68 |
Granted | 1,268 |  | 41.17 |
Vested | (859 | ) | 35.03 |
Forfeited | (32 | ) | 39.93 |
Nonvested at end of year | 3,422 |  | $ | 40.51 |

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- Definition Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for outstanding options that are fully vested and expected to vest. Includes, but is not limited to, unvested options for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
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