XML 35 R15.htm IDEA: XBRL DOCUMENT v3.25.1
Capital Stock and Earnings Per Share
 12 Months Ended
Feb. 01, 2025
Equity [Abstract]  
Capital Stock and Earnings Per Share Capital Stock and Earnings Per Share
Capital Stock
In February 2025, the Company announced that its Board of Directors had approved a new stock repurchase program that authorizes the repurchase of up to an additional $2.5 billion of TJX common stock from time to time. Under this program and previously announced programs, TJX had approximately $3.6 billion available for repurchase as of February 1, 2025.
The following table provides share repurchases, excluding applicable excise tax:
  Fiscal Year Ended
In millionsFebruary 1,
2025		February 3,
2024		January 28,
2023
Total number of shares repurchased and retired22.3 29.0 34.9 
Total cost$2,495 $2,484 $2,255 
All shares repurchased under the stock repurchase programs have been retired. These expenditures were funded by cash generated from operations.
TJX has 5 million shares of authorized but unissued preferred stock, $1 par value.
Earnings Per Share
The following table presents the calculation of basic and diluted earnings per share:
  Fiscal Year Ended
Amounts in millions, except per share amountsFebruary 1,
2025		February 3,
2024		January 28,
2023
 (53 weeks)
Basic earnings per share:
Net income$4,864 $4,474 $3,498 
Weighted average common shares outstanding for basic earnings per share calculation1,128 1,146 1,166 
Basic earnings per share$4.31 $3.90 $3.00 
Diluted earnings per share:
Net income$4,864 $4,474 $3,498 
Weighted average common shares outstanding for basic earnings per share calculation1,128 1,146 1,166 
Assumed exercise/vesting of stock options and awards14 13 12 
Weighted average common shares outstanding for diluted earnings per share calculation1,142 1,159 1,178 
Diluted earnings per share$4.26 $3.86 $2.97 
Cash dividends declared per share
$1.50 $1.33 $1.18 
The weighted average common shares for the diluted earnings per share calculation excludes the impact of outstanding stock options if the assumed proceeds per share of the option is in excess of the average price of TJX’s common stock for the related fiscal periods. Such options are excluded because they would have an antidilutive effect. There were 4 million, 5 million, and 6 million such options excluded at the end of fiscal 2025, fiscal 2024 and fiscal 2023, respectively