v3.26.1
Basis of Presentation and Summary of Accounting Policies (Tables)
12 Months Ended
Jan. 31, 2026
Accounting Policies [Abstract]  
Summary of Contract with Customer Liability
The following table presents deferred gift card revenue activity:
In millionsJanuary 31,
2026
February 1,
2025
Balance, beginning of year$824 $773 
Deferred revenue2,017 2,005 
Effect of exchange rate changes on deferred revenue13 (8)
Revenue recognized(1,957)(1,946)
Balance, end of year$897 $824 
Summary of Interest (Income) Expense, Net The following is a summary of interest (income) expense, net:
  Fiscal Year Ended
In millionsJanuary 31,
2026
February 1,
2025
February 3,
2024
 (53 weeks)
Interest expense$79 $78 $82 
Capitalized interest(5)(2)(3)
Interest (income)(195)(257)(249)
Interest (income) expense, net$(121)$(181)$(170)
Schedule of Goodwill by Segment
The following is a roll forward of goodwill by segment:
In millionsMarmaxxTJX CanadaTJX InternationalTotal
Balance, February 3, 2024$70 $$23 $95 
Effect of exchange rate changes on goodwill— (0)(1)(1)
Balance, February 1, 2025$70 $$22 $94 
Effect of exchange rate changes on goodwill— 
Balance, January 31, 2026$70 $2 $24 $96 
Schedule of Finite-Lived Intangible Assets
The following is a roll forward of tradenames:
Fiscal Year Ended
January 31, 2026February 1, 2025
In millionsGross Carrying AmountAccumulated AmortizationNet Carrying ValueGross Carrying AmountAccumulated AmortizationNet Carrying Value
Definite-lived intangible asset:
Sierra Trading Post$39 $(39)$ $39 $(39)$— 
Indefinite-lived intangible asset:
Marshalls$108 $ $108 $108 $— $108