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Pension Plans and Other Retirement Benefits | 6 Months Ended
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Aug. 01, 2020
Retirement Benefits [Abstract] |
Pension Plans and Other Retirement Benefits | Pension Plans and Other Retirement Benefits 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 | August 1, 2020 | August 3, 2019 | August 1, 2020 | August 3, 2019
Service cost | $ | 12,540 |  | $ | 11,049 |  | $ | 709 |  | $ | 552 |
Interest cost | 12,519 |  | 12,990 |  | 801 |  | 967 |
Expected return on plan assets | (22,242) |  | (18,488) |  | — |  | — |
Amortization of net actuarial loss and prior service cost | 5,509 |  | 4,509 |  | 1,034 |  | 936 |
Total expense | $ | 8,326 |  | $ | 10,060 |  | $ | 2,544 |  | $ | 2,455 |
| Funded Plan |  | Unfunded Plan |
| Twenty-Six Weeks Ended |  | Twenty-Six Weeks Ended |
In thousands | August 1, 2020 | August 3, 2019 | August 1, 2020 | August 3, 2019
Service cost | $ | 25,080 |  | $ | 22,098 |  | $ | 1,418 |  | $ | 1,104 |
Interest cost | 25,038 |  | 25,980 |  | 1,602 |  | 1,934 |
Expected return on plan assets | (44,484) |  | (36,976) |  | — |  | — |
Amortization of net actuarial loss and prior service cost | 11,018 |  | 9,018 |  | 2,068 |  | 1,872 |
Total expense | $ | 16,652 |  | $ | 20,120 |  | $ | 5,088 |  | $ | 4,910 |
TJX’s policy with respect to the funded plan is to fund, at a minimum, the amount required to maintain a funded status of 80% of the applicable pension liability (the Funding Target pursuant to the Internal Revenue Code section 430) or such other amount as is sufficient to avoid restrictions with respect to the funding of nonqualified plans under the Internal Revenue Code. We do not anticipate any required funding in fiscal 2021 for the funded plan. We anticipate making contributions of $3.1 million to provide current benefits coming due under the unfunded plan in fiscal 2021. The amounts included in amortization of net actuarial loss and prior service cost in the table above have been reclassified in their entirety from accumulated other comprehensive loss to the Consolidated Statements of (Loss) Income, net of related tax effects, for the periods presented.

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