XML 49 R28.htm IDEA: XBRL DOCUMENT v3.21.1
Basis of Presentation and Summary of Accounting Policies (Tables)
 12 Months Ended
Jan. 30, 2021
Accounting Policies [Abstract]  
Contract with Customer Liability
The following table presents deferred gift card revenue activity:
In thousandsJanuary 30,
2021		February 1,
2020
Balance, beginning of year$500,844 $450,302 
Deferred revenue1,159,242 1,690,073 
Effect of exchange rates changes on deferred revenue3,758 258 
Revenue recognized(1,087,657)(1,639,789)
Balance, end of year$576,187 $500,844 
Summary of Interest Expense, Net The following is a summary of interest expense, net:
  Fiscal Year Ended
In thousandsJanuary 30,
2021		February 1,
2020		February 2,
2019
Interest expense$199,038 $61,400 $69,102 
Capitalized interest(5,384)(2,314)(4,263)
Interest (income)(12,920)(49,060)(55,979)
Interest expense, net$180,734 $10,026 $8,860 
Roll Forward of Goodwill by Component The following is a roll forward of goodwill by segment:
In thousandsMarmaxxTJX CanadaTJX InternationalTotal
Balance, February 2, 2019$70,027 $1,692 $25,833 $97,552 
Effect of exchange rate changes on goodwill— (17)(1,989)(2,006)
Balance, February 1, 2020$70,027 $1,675 $23,844 $95,546 
Effect of exchange rate changes on goodwill— 61 3,391 3,452 
Balance, January 30, 2021$70,027 $1,736 $27,235 $98,998 
Schedule of Finite-Lived Intangible Assets
The following is a roll forward of tradenames:
Fiscal Year Ended
January 30, 2021February 1, 2020
In thousandsGross Carrying AmountAccumulated AmortizationImpact of FXNet Carrying ValueGross Carrying AmountAccumulated AmortizationImpact of FXNet Carrying Value
Definite-lived intangible assets:
Sierra Trading Post$38,500 $(20,747)$— $17,753 $38,500 $(18,181)$— $20,319 
Trade Secret$12,541 $(10,247)$(2,294)$— $12,541 $(5,242)$(1,948)$5,351 
Indefinite-lived intangible asset:
Marshalls$107,695 $— $— $107,695 $107,695 $— $— $107,695