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Segment Information
 12 Months Ended
Jan. 30, 2021
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 2021Fiscal 2020Fiscal 2019
Apparel
Clothing including footwear46 %51 %52 %
Jewelry and accessories15 16 15 
Home fashions39 33 33 
Total100 %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 thousandsJanuary 30,
2021		February 1,
2020		February 2,
2019
Net sales:
In the United States:
Marmaxx$19,362,573 $25,664,805 $24,057,970 
HomeGoods6,096,237 6,355,770 5,787,365 
TJX Canada2,836,088 4,031,406 3,869,779 
TJX International3,842,064 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 
HomeGoods509,562 680,520 671,871 
TJX Canada124,143 515,559 551,617 
TJX International(503,618)307,081 285,790 
Total segment profit$1,021,267 $4,972,954 $4,763,227 
General corporate expense439,037 556,745 545,034 
Loss on early extinguishment of debt312,233 — — 
Interest expense, net180,734 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 thousandsJanuary 30,
2021		February 1,
2020		February 2,
2019
Identifiable assets:
In the United States:
Marmaxx$10,220,441 $11,162,890 $6,223,110 
HomeGoods2,851,131 2,785,006 1,416,687 
TJX Canada2,035,341 1,889,679 914,789 
TJX International4,389,261 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 
HomeGoods162,200 251,864 170,978 
TJX Canada43,879 101,862 82,333 
TJX International145,756 254,766 272,873 
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 
HomeGoods135,205 124,360 110,978 
TJX Canada70,777 66,693 66,365 
TJX International175,824 197,262 180,631 
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.