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Pension Plans and Other Retirement Benefits
 9 Months Ended
Oct. 29, 2022
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 29,
2022		October 30,
2021		October 29,
2022		October 30,
2021
Service cost$11,946 $11,900 $238 $309 
Interest cost14,806 13,073 1,018 764 
Expected return on plan assets(22,236)(24,017)— — 
Amortization of net actuarial loss and prior service cost5,050 3,358 952 1,076 
Total expense$9,566 $4,314 $2,208 $2,149 
Funded PlanUnfunded Plan
Thirty-Nine Weeks EndedThirty-Nine Weeks Ended
In thousandsOctober 29,
2022		October 30,
2021		October 29,
2022		October 30,
2021
Service cost$36,282 $36,837 $1,693 $1,819 
Interest cost43,658 39,073 2,880 2,324 
Expected return on plan assets(66,693)(72,001)— — 
Amortization of net actuarial loss and prior service cost13,600 10,858 2,709 3,385 
Total expense$26,847 $14,767 $7,282 $7,528 
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. The Company does not anticipate any required funding in fiscal 2023 for the funded plan. The Company anticipates making contributions of $4 million to provide current benefits coming due under the unfunded plan in fiscal 2023.
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, net of related tax effects, for the periods presented.