v3.26.1
Financial Instruments (Tables)
 3 Months Ended
May 02, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Derivative Financial Instruments, Related Fair Value and Balance Sheet Classification
The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at May 2, 2026:
In millionsPayReceiveBlended
Contract
Rate		Balance Sheet
Location		Current
Asset
U.S.$		Current
(Liability)
U.S.$
Net Fair
Value in
U.S.$ at
May 2,
2026
Fair value hedges:
Intercompany balances, primarily debt:
€83 £73 0.8788 Prepaid Exp$1.4 $— $1.4 
A$240 U.S.$160 0.6648 (Accrued Exp)— (12.5)(12.5)
€200 U.S.$237 1.1869 Prepaid Exp1.7 — 1.7 
Economic hedges for which hedge accounting was not elected:
Diesel fuel contracts
Fixed on
0.8M – 3.9M
gal per month
Float on
0.8M – 3.9M
gal per month
N/APrepaid Exp50.0 — 50.0 
Intercompany billings in TJX International, primarily merchandise:
€161 £140 0.8709 Prepaid Exp1.7 — 1.7 
Merchandise purchase commitments:
C$985 U.S.$720 0.7311 Prepaid Exp / (Accrued Exp)0.5 (7.3)(6.8)
C$39 €24 0.6227 Prepaid Exp / (Accrued Exp)0.1 (0.3)(0.2)
£552 U.S.$740 1.3415 Prepaid Exp / (Accrued Exp)1.0 (9.9)(8.9)
zł423 £87 0.2055 Prepaid Exp / (Accrued Exp)1.4 (0.2)1.2 
A$134 U.S.$92 0.6875 (Accrued Exp)— (4.2)(4.2)
U.S.$125 €106 0.8487 Prepaid Exp / (Accrued Exp)0.5 (0.7)(0.2)
Total fair value of derivative financial instruments$58.3 $(35.1)$23.2 
The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at January 31, 2026:
In millionsPayReceiveBlended
Contract
Rate		Balance Sheet
Location		Current
Asset
U.S.$		Current
(Liability)
U.S.$
Net Fair
Value in
U.S.$ at
January 31,
2026
Fair value hedges:
Intercompany balances, primarily debt:
€83 £73 0.8759 Prepaid Exp$0.9 $— 0.9 
A$240 U.S.$160 0.6648 (Accrued Exp)— (6.9)(6.9)
€200 U.S.$234 1.1718 (Accrued Exp)— (3.2)(3.2)
Economic hedges for which hedge accounting was not elected:
Diesel fuel contracts
Fixed on
3.2M – 3.9M
gal per month
Float on
3.2M– 3.9M
gal per month
N/APrepaid Exp6.2 — 6.2 
Intercompany billings in TJX International, primarily merchandise:
€111 £96 0.8680 Prepaid Exp0.2 — 0.2 
Intercompany balances in TJX International:
£168 U.S.$226 1.3472(Accrued Exp)— (3.6)(3.6)
Merchandise purchase commitments:
C$856 U.S.$620 0.7241 Prepaid Exp / (Accrued Exp)0.1 (10.8)(10.7)
C$37 €23 0.6176 Prepaid Exp / (Accrued Exp)0.0 (0.1)(0.1)
£572 U.S.$766 1.3386 (Accrued Exp)— (17.0)(17.0)
zł402 £83 0.2062 Prepaid Exp / (Accrued Exp)0.7 (0.3)0.4 
A$122 U.S.$81 0.6621 (Accrued Exp)— (4.1)(4.1)
U.S.$87 €74 0.8495 Prepaid Exp / (Accrued Exp)0.9 (0.1)0.8 
Total fair value of derivative financial instruments$9.0 $(46.1)$(37.1)
The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at May 3, 2025:
In millionsPayReceiveBlended
Contract
Rate		Balance Sheet
Location		Current
Asset
U.S.$		Current
(Liability)
U.S.$
Net Fair 
Value in 
U.S.$ at 
May 3,
2025
Fair value hedges:
Intercompany balances, primarily debt:
€80 £68 0.8522 (Accrued Exp)$— $(0.5)$(0.5)
A$210 U.S.$135 0.6420 Prepaid Exp / (Accrued Exp)1.4 (2.1)(0.7)
U.S.$67 £55 0.8177 Prepaid Exp5.8 — 5.8 
£50 U.S.$61 1.2222 (Accrued Exp)— (5.3)(5.3)
€200 U.S.$220 1.1005 Prepaid Exp / (Accrued Exp)0.1 (9.0)(8.9)
Economic hedges for which hedge accounting was not elected:
Diesel fuel contracts
Fixed on
3.1M – 4.1M
gal per month
Float on
3.1M – 4.1M
gal per month
N/A(Accrued Exp)— (16.1)(16.1)
Intercompany billings in TJX International, primarily merchandise:
€195 £167 0.8549 Prepaid Exp0.8 — 0.8 
Merchandise purchase commitments:
C$926 U.S.$655 0.7070 (Accrued Exp)— (18.1)(18.1)
C$31 €20 0.6546 Prepaid Exp / (Accrued Exp)0.5 (0.0)0.5 
£488 U.S.$624 1.2778 Prepaid Exp / (Accrued Exp)0.5 (24.9)(24.4)
zł489 £95 0.1950 Prepaid Exp / (Accrued Exp)0.1 (2.4)(2.3)
A$93 U.S.$59 0.6346 Prepaid Exp / (Accrued Exp)0.0 (0.9)(0.9)
U.S.$109 €101 0.9204 Prepaid Exp / (Accrued Exp)5.1 (0.2)4.9 
Total fair value of derivative financial instruments$14.3 $(79.5)$(65.2)
Impact of Derivative Financial Instruments on Statements of (Loss) Income
The impact of derivative financial instruments on the Consolidated Statements of Income is presented below:
  Amount of Gain (Loss) Recognized
in Income by Derivative
 
 Location of Gain (Loss) Recognized in Income by
Derivative
Thirteen Weeks Ended
In millionsMay 2,
2026		May 3,
2025
Fair value hedges:
Intercompany balances, primarily debtSelling, general and administrative expenses$(1)$(23)
Economic hedges for which hedge accounting was not elected:
Intercompany balances in TJX InternationalSelling, general and administrative expenses4 — 
Diesel fuel contractsCost of sales, including buying and occupancy costs47 (12)
Intercompany billings in TJX International, primarily merchandiseCost of sales, including buying and occupancy costs2 (3)
Merchandise purchase commitmentsCost of sales, including buying and occupancy costs2 (59)
Gain (loss) recognized in income$54 $(97)