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Basis of Presentation and Summary of Accounting Policies (Tables)
12 Months Ended
Jan. 28, 2023
Accounting Policies [Abstract]  
Contract with Customer Liability The following table presents deferred gift card revenue activity:
In millionsJanuary 28,
2023
January 29,
2022
Balance, beginning of year$685 $576 
Deferred revenue1,927 1,832 
Effect of exchange rates changes on deferred revenue(5)(2)
Revenue recognized(1,886)(1,721)
Balance, end of year$721 $685 
Summary of Interest Expense, Net The following is a summary of interest expense, net:
  Fiscal Year Ended
In millionsJanuary 28,
2023
January 29,
2022
January 30,
2021
Interest expense$91 $123 $199 
Capitalized interest(7)(4)(5)
Interest (income)(78)(4)(13)
Interest expense, net$6 $115 $181 
Roll Forward of Goodwill by Segment The following is a roll forward of goodwill by segment:
In millionsMarmaxxTJX CanadaTJX InternationalTotal
Balance, January 30, 2021$70 $$27 $99 
Effect of exchange rate changes on goodwill— (2)(2)
Balance, January 29, 2022$70 $$25 $97 
Effect of exchange rate changes on goodwill— 
Balance, January 28, 2023$70 $2 $25 $97 
Schedule of Finite-Lived Intangible Assets The following is a roll forward of tradenames:
Fiscal Year Ended
January 28, 2023January 29, 2022
In millionsGross Carrying AmountAccumulated AmortizationNet Carrying ValueGross Carrying AmountAccumulated AmortizationNet Carrying Value
Definite-lived intangible assets:
Sierra Trading Post$39 $(27)$12 $39 $(24)$15 
Trade Secret$13 $(13)$ $13 $(13)$— 
Indefinite-lived intangible asset:
Marshalls$108 $ $108 $108 $— $108