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Pension Plans and Other Retirement Benefits (Tables)

6 Months Ended

Aug. 03, 2024

Retirement Benefits [Abstract]

Schedule of Net Benefit Costs Related to Funded Defined Benefit Pension Plan and Unfunded Supplemental Retirement Plan

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 Plan						Unfunded Plan
			Thirteen Weeks Ended						Thirteen Weeks Ended
In millions			August 3, 2024			July 29, 2023			August 3, 2024			July 29, 2023
Service cost			$	9		$	9		$	0		$	0
Interest cost			18			18			2			2
Expected return on plan assets			(20)			(20)			—			—
Amortization of net actuarial loss and prior service cost/(credit)			(1)			0			1			1
Total expense			$	6		$	7		$	3		$	3
			Funded Plan						Unfunded Plan
			Twenty-Six Weeks Ended						Twenty-Six Weeks Ended
In millions			August 3, 2024			July 29, 2023			August 3, 2024			July 29, 2023
Service cost			$	16		$	17		$	1		$	1
Interest cost			36			36			3			3
Expected return on plan assets			(39)			(40)			—			—
Amortization of net actuarial loss and prior service cost/(credit)			(1)			0			1			1
Total expense			$	12		$	13		$	5		$	5

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- References

No definition available.

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- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 715
-SubTopic 20
-Subparagraph (h)
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

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