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Segment Information (Tables) | 12 Months Ended
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Jan. 30, 2021
Segment Reporting [Abstract] |
Percentages of Consolidated Revenues by Major Product Category | The percentages of our consolidated revenues by major product category for the last three fiscal years are as follows:
| Fiscal 2021 | Fiscal 2020 | Fiscal 2019
Apparel |  |  |
Clothing including footwear | 46 | % | 51 | % | 52 | %
Jewelry and accessories | 15 |  | 16 |  | 15 |
Home fashions | 39 |  | 33 |  | 33 |
Total | 100 | % | 100 | % | 100 | %
Financial Information on Business Segments | Presented below is financial information with respect to TJX’s business segments:
| Fiscal Year Ended
In thousands | January 30, 2021 | February 1, 2020 | February 2, 2019
Net sales: |  |  |
In the United States: |  |  |
Marmaxx | $ | 19,362,573 |  | $ | 25,664,805 |  | $ | 24,057,970 |
HomeGoods | 6,096,237 |  | 6,355,770 |  | 5,787,365 |
TJX Canada | 2,836,088 |  | 4,031,406 |  | 3,869,779 |
TJX International | 3,842,064 |  | 5,664,996 |  | 5,257,820 |
Total net sales | $ | 32,136,962 |  | $ | 41,716,977 |  | $ | 38,972,934 |
Segment profit (loss): |  |  |
In the United States: |  |  |
Marmaxx | $ | 891,180 |  | $ | 3,469,794 |  | $ | 3,253,949 |
HomeGoods | 509,562 |  | 680,520 |  | 671,871 |
TJX Canada | 124,143 |  | 515,559 |  | 551,617 |
TJX International | (503,618) |  | 307,081 |  | 285,790 |
Total segment profit | $ | 1,021,267 |  | $ | 4,972,954 |  | $ | 4,763,227 |
General corporate expense | 439,037 |  | 556,745 |  | 545,034 |
Loss on early extinguishment of debt | 312,233 |  | — |  | — |
Interest expense, net | 180,734 |  | 10,026 |  | 8,860 |
Pension settlement charge | — |  | — |  | 36,122 |
Income before income taxes | $ | 89,263 |  | $ | 4,406,183 |  | $ | 4,173,211 |
Business segment information (continued):
| Fiscal Year Ended
In thousands | January 30, 2021 | February 1, 2020 | February 2, 2019
Identifiable assets: |  |  |
In the United States: |  |  |
Marmaxx | $ | 10,220,441 |  | $ | 11,162,890 |  | $ | 6,223,110 |
HomeGoods | 2,851,131 |  | 2,785,006 |  | 1,416,687 |
TJX Canada | 2,035,341 |  | 1,889,679 |  | 914,789 |
TJX International | 4,389,261 |  | 4,284,385 |  | 2,344,033 |
Corporate(a) | 11,317,381 |  | 4,023,043 |  | 3,427,410 |
Total identifiable assets(b) | $ | 30,813,555 |  | $ | 24,145,003 |  | $ | 14,326,029 |
Capital expenditures: |  |  |
In the United States: |  |  |
Marmaxx | $ | 216,186 |  | $ | 614,624 |  | $ | 598,955 |
HomeGoods | 162,200 |  | 251,864 |  | 170,978 |
TJX Canada | 43,879 |  | 101,862 |  | 82,333 |
TJX International | 145,756 |  | 254,766 |  | 272,873 |
Total capital expenditures(c) | $ | 568,021 |  | $ | 1,223,116 |  | $ | 1,125,139 |
Depreciation and amortization: |  |  |
In the United States: |  |  |
Marmaxx | $ | 478,963 |  | $ | 473,908 |  | $ | 456,420 |
HomeGoods | 135,205 |  | 124,360 |  | 110,978 |
TJX Canada | 70,777 |  | 66,693 |  | 66,365 |
TJX International | 175,824 |  | 197,262 |  | 180,631 |
Corporate(d) | 9,989 |  | 5,080 |  | 5,261 |
Total depreciation and amortization | $ | 870,758 |  | $ | 867,303 |  | $ | 819,655 |
(a)Corporate identifiable assets consist primarily of cash, the trust assets in connection with the Executive Savings Plan and the investment in Familia. Consolidated cash, including cash held in the Company’s foreign entities, is included with corporate assets for consistency with the reporting of cash for the Company’s segments in the U.S. The increase in Corporate identifiable assets in fiscal 2021 is primarily attributable to the increase in cash. (b)On February 3, 2019, the Company adopted ASU 2016-02, Leases (Topic 842) using the modified retrospective method under ASU 2018-11, allowing it to not restate its prior period Consolidated Balance Sheets to reflect the new guidance. The adoption of the new lease standard significantly increased assets and current and long term liabilities on the Company’s Consolidated Balance Sheets as it recorded operating lease right of use assets and corresponding operating lease liabilities. For additional information, see Note M—Leases. (c)Fiscal 2021 reduction in capital spending due to the COVID-19 pandemic. (d)Includes debt discount accretion and debt expense amortization.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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