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Pension Plans and Other Retirement Benefits
 9 Months Ended
Oct. 31, 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 thousandsOctober 31,
2020		November 2,
2019		October 31,
2020		November 2,
2019
Service cost$12,512 $11,415 $404 $440 
Interest cost12,620 13,149 860 871 
Expected return on plan assets(22,264)(18,630)— — 
Amortization of net actuarial loss and prior service cost6,028 5,556 1,394 471 
Total expense$8,896 $11,490 $2,658 $1,782 
Funded PlanUnfunded Plan
Thirty-Nine Weeks EndedThirty-Nine Weeks Ended
In thousandsOctober 31,
2020		November 2,
2019		October 31,
2020		November 2,
2019
Service cost$37,592 $33,513 $1,822 $1,544 
Interest cost37,658 39,129 2,462 2,805 
Expected return on plan assets(66,748)(55,606)— — 
Amortization of net actuarial loss and prior service cost17,046 14,574 3,462 2,343 
Total expense$25,548 $31,610 $7,746 $6,692 
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 Income (Loss), net of related tax effects, for the periods presented.