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Pension Plans and Other Retirement Benefits
 6 Months Ended
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 PlanUnfunded Plan
 Thirteen Weeks EndedThirteen Weeks Ended
In thousandsAugust 1,
2020		August 3,
2019		August 1,
2020		August 3,
2019
Service cost$12,540 $11,049 $709 $552 
Interest cost12,519 12,990 801 967 
Expected return on plan assets(22,242)(18,488)— — 
Amortization of net actuarial loss and prior service cost5,509 4,509 1,034 936 
Total expense$8,326 $10,060 $2,544 $2,455 
Funded PlanUnfunded Plan
Twenty-Six Weeks EndedTwenty-Six Weeks Ended
In thousandsAugust 1,
2020		August 3,
2019		August 1,
2020		August 3,
2019
Service cost$25,080 $22,098 $1,418 $1,104 
Interest cost25,038 25,980 1,602 1,934 
Expected return on plan assets(44,484)(36,976)— — 
Amortization of net actuarial loss and prior service cost11,018 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.