Company: TJX
Filing Date: 2025-08-29
Form Type: 10-Q
Source: 0000109198-25-000054
Chunk: 66

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-08-29
Form: 10-Q
Item: Part I, Item 8
Chunk 66
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7340 Prepaid Exp10.5 — 10.5 C$33 €22 0.6745 Prepaid Exp0.5 — 0.5 £434 U.S.$551 1.2704 Prepaid Exp / (Accrued Exp)0.8 (5.8)(5.0)zł554 £109 0.1970 Prepaid Exp / (Accrued Exp)0.2 (1.1)(0.9)A$120 U.S.$80 0.6677 Prepaid Exp1.8 — 1.8 U.S.$136 €125 0.9200 Prepaid Exp / (Accrued Exp)1.0 (0.1)0.9 Total fair value of derivative financial instruments$19.1 $(28.6)$(9.5)

17

The impact of derivative financial instruments on the Consolidated Statements of Income is presented below:  Amount of Gain (Loss) Recognizedin Income by Derivative  Location of Gain (Loss) Recognized in Income byDerivativeThirteen Weeks EndedTwenty-Six Weeks EndedIn millionsAugust 2,2025August 3,2024August 2,2025August 3,2024Fair value hedges:Intercompany balances, primarily debtSelling, general and administrative expenses$(7)$(0)$(30)$1 Economic hedges for which hedge accounting was not elected:Diesel fuel contractsCost of sales, including buying and occupancy costs11 (11)(1)(16)Intercompany billings in TJX International, primarily merchandiseCost of sales, including buying and occupancy costs(5)1 (8)1 Merchandise purchase commitmentsCost of sales, including buying and occupancy costs3 3 (56)14 Gain (Loss) recognized in income$2 $(7)$(95)$0 

Note F. Fair Value Measurements 

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (also referred to as exit price). The inputs used to measure fair value are generally classified into the following hierarchy:Level 1:  Unadjusted quoted prices in active markets for identical assets or liabilitiesLevel 2:  Unadjusted quoted prices in active markets for similar assets