v3.26.1
Financial Instruments (Tables)
 6 Months Ended
Aug. 01, 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 August 1, 2026:
In millionsPayReceiveBlended
Contract
Rate		Balance Sheet
Location		Current
Asset
U.S.$		Current
(Liability)
U.S.$
Net Fair
Value in
U.S.$ at
August 1,
2026
Fair value hedges:
Intercompany balances, primarily debt:
€88 £76 0.8552 Prepaid Exp / (Accrued Exp)$0.0 $(0.6)$(0.6)
A$45 U.S.$31 0.6930 (Accrued Exp)— (0.3)(0.3)
€200 U.S.$233 1.1674 Prepaid Exp / (Accrued Exp)2.8 (1.2)1.6 
Economic hedges for which hedge accounting was not elected:
Diesel fuel contracts
Fixed on
3.3M – 3.9M
gal per month
Float on
3.3M – 3.9M
gal per month
N/APrepaid Exp47.8 — 47.8 
Intercompany billings in TJX International, primarily merchandise:
€164 £140 0.8552 Prepaid Exp / (Accrued Exp)0.0 (0.0)(0.0)
Merchandise purchase commitments:
C$1,084 U.S.$785 0.7242 Prepaid Exp / (Accrued Exp)12.2 (2.5)9.7 
C$47 €29 0.6204 Prepaid Exp / (Accrued Exp)0.1 (0.0)0.1 
£601 U.S.$807 1.3420 Prepaid Exp / (Accrued Exp)1.5 (5.3)(3.8)
zł477 £96 0.2021 Prepaid Exp / (Accrued Exp)2.6 (0.2)2.4 
A$124 U.S.$87 0.7019 Prepaid Exp / (Accrued Exp)0.5 (0.4)0.1 
U.S.$145 €125 0.8590 Prepaid Exp / (Accrued Exp)0.5 (1.5)(1.0)
Total fair value of derivative financial instruments$68.0 $(12.0)$56.0 
The following is a summary of TJX’s derivative financial instruments, related fair value and balance sheet classification at January 31, 2026:
In millionsPayReceiveBlended
Contract
Rate		Balance Sheet
Location		Current
Asset
U.S.$		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 August 2, 2025:
In millionsPayReceiveBlended
Contract
Rate		Balance Sheet
Location		Current
Asset
U.S.$		Current
(Liability)
U.S.$
Net Fair 
Value in 
U.S.$ at 
August 2,
2025
Fair value hedges:
Intercompany balances, primarily debt:
€83 £72 0.8684 (Accrued Exp)$— $(1.4)$(1.4)
A$210 U.S.$134 0.6393 Prepaid Exp / (Accrued Exp)0.4 (2.6)(2.2)
U.S.$74 £55 0.7409 (Accrued Exp)— (1.1)(1.1)
£50 U.S.$67 1.3490 Prepaid Exp1.0 — 1.0 
€200 U.S.$224 1.1221 Prepaid Exp / (Accrued Exp)0.5 (10.3)(9.8)
Economic hedges for which hedge accounting was not elected:
Diesel fuel contracts
Fixed on
3.2M – 4.1M
gal per month
Float on
3.2M – 4.1M
gal per month
N/A(Accrued Exp)— (0.4)(0.4)
Intercompany billings in TJX International, primarily merchandise:
€159 £138 0.8680 (Accrued Exp)— (1.1)(1.1)
Merchandise purchase commitments:
C$987 U.S.$715 0.7244 Prepaid Exp / (Accrued Exp)3.3 (6.5)(3.2)
C$43 €27 0.6330 Prepaid Exp0.4 — 0.4 
£557 U.S.$733 1.3165 Prepaid Exp / (Accrued Exp)5.2 (12.1)(6.9)
zł503 £100 0.1994 (Accrued Exp)— (3.0)(3.0)
A$123 U.S.$80 0.6472 Prepaid Exp / (Accrued Exp)0.3 (0.4)(0.1)
U.S.$102 €90 0.8841 Prepaid Exp / (Accrued Exp)3.1 (0.2)2.9 
Total fair value of derivative financial instruments$14.2 $(39.1)$(24.9)
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 EndedTwenty-Six Weeks Ended
In millionsAugust 1,
2026		August 2,
2025		August 1,
2026		August 2,
2025
Fair value hedges:
Intercompany balances, primarily debtSelling, general and administrative expenses$9 $(7)$8 $(30)
Economic hedges for which hedge accounting was not elected:
Intercompany balances in TJX InternationalSelling, general and administrative expenses— — 4 — 
Diesel fuel contractsCost of sales, including buying and occupancy costs16 11 63 (1)
Intercompany billings in TJX International, primarily merchandiseCost of sales, including buying and occupancy costs2 (5)4 (8)
Merchandise purchase commitmentsCost of sales, including buying and occupancy costs28 3 30 (56)
Gain (loss) recognized in income$55 $2 $109 $(95)