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Segment Information | 12 Months Ended
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Feb. 01, 2020
Segment Reporting [Abstract] |
Segment Information | Segment Information TJX operates four main business segments. The Marmaxx segment (T.J. Maxx, Marshalls, tjmaxx.com and marshalls.com) and the HomeGoods segment (HomeGoods and Homesense) both operate in the United States, the TJX Canada segment operates Winners, HomeSense and Marshalls in Canada, and the TJX International segment operates T.K. Maxx, Homesense and tkmaxx.com in Europe and T.K. Maxx in Australia. In addition to our four main business segments, Sierra operates sierra.com and retail stores in the U.S. The results of Sierra are included 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 home fashions. The percentages of our consolidated revenues by major product category for the last three fiscal years are as follows:
| Fiscal 2020 | Fiscal 2019 | Fiscal 2018
Apparel |  |  |
Clothing including footwear | 51 | % | 52 | % | 52 | %
Jewelry and accessories | 16 |  | 15 |  | 15 |
Home fashions | 33 |  | 33 |  | 33 |
Total | 100 | % | 100 | % | 100 | %
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, interest expense, net and certain separately disclosed unusual or infrequent items. “Segment profit or loss,” as defined by TJX, may not be comparable to similarly titled measures used by other entities. 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, 2020 | February 2, 2019 | February 3, 2018
|  |  | (53 weeks)
Net sales: |  |  |
In the United States: |  |  |
Marmaxx | $ | 25,664,805 |  | $ | 24,057,970 |  | $ | 22,249,105 |
HomeGoods | 6,355,770 |  | 5,787,365 |  | 5,116,328 |
TJX Canada | 4,031,406 |  | 3,869,779 |  | 3,642,282 |
TJX International | 5,664,996 |  | 5,257,820 |  | 4,856,949 |
Total net sales | $ | 41,716,977 |  | $ | 38,972,934 |  | $ | 35,864,664 |
Segment profit: |  |  |
In the United States: |  |  |
Marmaxx(a) | $ | 3,469,794 |  | $ | 3,253,949 |  | $ | 2,949,358 |
HomeGoods | 680,520 |  | 671,871 |  | 674,511 |
TJX Canada | 515,559 |  | 551,617 |  | 530,113 |
TJX International | 307,081 |  | 285,790 |  | 249,226 |
Total segment profit | 4,972,954 |  | $ | 4,763,227 |  | $ | 4,403,208 |
General corporate expense | 556,745 |  | 545,034 |  | 515,032 |
Pension settlement charge | — |  | 36,122 |  | — |
Interest expense, net | 10,026 |  | 8,860 |  | 31,588 |
Income before provision for income taxes | $ | 4,406,183 |  | $ | 4,173,211 |  | $ | 3,856,588 |
(a)Fiscal 2018 amount includes an impairment charge of $99.3 million for goodwill and certain long-lived assets of Sierra. Business segment information (continued):
| Fiscal Year Ended |  |
In thousands | February 1, 2020 | February 2, 2019 | February 3, 2018
Identifiable assets: |  |  |
In the United States: |  |  |
Marmaxx | $ | 11,162,890 |  | $ | 6,223,110 |  | $ | 5,676,464 |
HomeGoods | 2,785,006 |  | 1,416,687 |  | 1,237,811 |
TJX Canada | 1,889,679 |  | 914,789 |  | 1,459,924 |
TJX International | 4,284,385 |  | 2,344,033 |  | 2,321,001 |
Corporate(a) | 4,023,043 |  | 3,427,410 |  | 3,362,815 |
Total identifiable assets(b) | $ | 24,145,003 |  | $ | 14,326,029 |  | $ | 14,058,015 |
Capital expenditures: |  |  |
In the United States: |  |  |
Marmaxx | $ | 614,624 |  | $ | 598,955 |  | $ | 532,348 |
HomeGoods | 251,864 |  | 170,978 |  | 149,505 |
TJX Canada | 101,862 |  | 82,333 |  | 88,761 |
TJX International | 254,766 |  | 272,873 |  | 287,003 |
Total capital expenditures | $ | 1,223,116 |  | $ | 1,125,139 |  | $ | 1,057,617 |
Depreciation and amortization: |  |  |
In the United States: |  |  |
Marmaxx | $ | 473,908 |  | $ | 456,420 |  | $ | 399,014 |
HomeGoods | 124,360 |  | 110,978 |  | 94,709 |
TJX Canada | 66,693 |  | 66,365 |  | 68,033 |
TJX International | 197,262 |  | 180,631 |  | 159,010 |
Corporate(c) | 5,080 |  | 5,261 |  | 5,191 |
Total depreciation and amortization | $ | 867,303 |  | $ | 819,655 |  | $ | 725,957 |
(a)Corporate identifiable assets consist primarily of cash, receivables, prepaid insurance, prepaid service contracts, operating lease right of use assets, the trust assets in connection with the Executive Savings Plan and the investment in Familia. 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. (b)See Leases in Note A—Basis of Presentation and Summary of Significant Accounting Policies of Notes to Consolidated Financial Statements for impact of lease accounting changes. (c)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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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