Company: TJX
Filing Date: 2025-05-30
Form Type: 10-Q
Source: 0000109198-25-000043
Chunk: 62

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-05-30
Form: 10-Q
Item: Part I, Item 8
Chunk 62
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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.

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The following table presents identifiable assets by segment:In millionsMay 3,2025February 1,2025May 4,2024Identifiable assets:In the United States:Marmaxx$14,747 $14,137 $13,285 HomeGoods4,172 4,037 3,898 TJX Canada2,333 2,128 2,172 TJX International4,534 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 millionsMay 3,2025May 4,2024Capital expenditures:In the United States:Marmaxx$339 $247 HomeGoods61 69 TJX Canada34 38 TJX International63 65 Total capital expenditures$497 $419 Depreciation and amortization:In the United States:Marmaxx$165 $144 HomeGoods56 51 TJX Canada24 21 TJX International50 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.

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Note H. Pension Plans and Other Retirement Benefits 

Presented below is financial information relating to TJX’s funded defined benefit pension plan (“qualified pension plan” or “funded plan”) and its unfunded