XML 41 R30.htm IDEA: XBRL DOCUMENT v3.25.1

Segment Information (Tables)

3 Months Ended

May 03, 2025

Segment Reporting [Abstract]

Summary of Financial Information on Business Segments

Presented below is financial information with respect to TJX’s segments:

			Thirteen Weeks Ended
In millions			May 3, 2025			May 4, 2024
Marmaxx
Net sales			$	8,052		$	7,750
Segment expenses(a)			6,945			6,653
Segment profit			$	1,107		$	1,097
HomeGoods
Net sales			$	2,254		$	2,079
Segment expenses(a)			2,024			1,881
Segment profit			$	230		$	198
TJX Canada
Net sales			$	1,144		$	1,113
Segment expenses(a)			1,022			976
Segment profit			$	122		$	137
TJX International
Net sales			$	1,661		$	1,537
Segment expenses(a)			1,589			1,476
Segment profit			$	72		$	61
Total TJX
Net sales			$	13,111		$	12,479
Segment expenses(a)			11,580			10,986
Segment profit			$	1,531		$	1,493
General corporate expense			215			153
Impairment on equity investment			—			—
Interest (income) expense, net			(30)			(50)
Income before income taxes			$	1,346		$	1,390

(a)    Segment expenses for each reportable segment include cost of sales and selling, general and administrative expenses. Cost of sales includes buying and occupancy costs, cost of merchandise sold, and other expenses. Selling, general and administrative expenses include store payroll and benefit costs, communication costs, and other expenses. Refer to Note A - Basis of Presentation and Summary of Accounting Principles for more information on the classifications.

The following table presents identifiable assets by segment:

In millions			May 3, 2025			February 1, 2025			May 4, 2024
Identifiable assets:
In the United States:
Marmaxx			$	14,747		$	14,137		$	13,285
HomeGoods			4,172			4,037			3,898
TJX Canada			2,333			2,128			2,172
TJX International			4,534			4,243			4,098
Segment identifiable assets			$	25,786		$	24,545		$	23,453
Corporate(a)			6,072			7,204			6,226
Total identifiable assets			$	31,858		$	31,749		$	29,679

(a)Corporate identifiable assets primarily include cash and trust assets from the Executive Savings Plan, and as of May 3, 2025 and February 1, 2025, include the equity method investments. Consolidated cash, including that held by foreign entities, is reported with Corporate assets for consistency with segment reporting in the U.S.

The following table presents capital expenditures and depreciation and amortization by segment:

In millions			May 3, 2025						May 4, 2024
Capital expenditures:
In the United States:
Marmaxx			$	339					$	247
HomeGoods			61						69
TJX Canada			34						38
TJX International			63						65
Total capital expenditures			$	497					$	419
Depreciation and amortization:
In the United States:
Marmaxx			$	165					$	144
HomeGoods			56						51
TJX Canada			24						21
TJX International			50						47
Segment depreciation and amortization			$	295					$	263
Corporate(a)			1						1
Total depreciation and amortization			$	296					$	264

(a)Includes debt discount accretion and debt expense amortization.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration