Company: TJX
Filing Date: 2025-12-02
Form Type: 10-Q
Source: 0000109198-25-000061
Chunk: 10

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-12-02
Form: 10-Q
Item: Part I, Item 1
Chunk 10
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: accumulated depreciation and amortization9,293 8,636 8,510 Net property at cost$7,926 $7,346 $7,136 Depreciation expense was $315 million and $265 million for the three months ended November 1, 2025 and November 2, 2024, respectively. Depreciation expense was $917 million and $791 million for the nine months ended November 1, 2025 and November 2, 2024, respectively.Non-cash investing activities consist of accrued capital additions of $185 million and $199 million as of the periods ended November 1, 2025 and November 2, 2024, respectively.

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Note C. Accumulated Other Comprehensive (Loss) Income 

Amounts included in Accumulated other comprehensive (loss) income are recorded net of taxes. The following table details the changes in Accumulated other comprehensive (loss) income for the twelve months ended February 1, 2025 and the nine months ended November 1, 2025:In millions and net of immaterial taxesForeignCurrencyTranslationDeferredBenefitCostsAccumulatedOtherComprehensive(Loss) IncomeBalance, February 3, 2024$(514)$(18)$(532)Additions to other comprehensive (loss):Foreign currency translation adjustments, net of taxes(105)— (105)Recognition of net gains on benefit obligations, net of taxes— 27 27 Reclassifications from other comprehensive (loss) to net income:Amortization of prior service cost and deferred gains, net of taxes— 1 1 Balance, February 1, 2025$(619)$10 $(609)Additions to other comprehensive (loss):Foreign currency translation adjustments, net of taxes138 — 138 Reclassifications from other comprehensive (loss) to net income:Amortization of prior service cost and deferred gains, net of taxes— 0 0 Balance, November 1, 2025$(481)$10 $(471)

Note D. Capital Stock and Earnings Per Share 

Capital StockIn 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, TJX had approximately $1.9 billion available for repurchase as of November 1