← TJX COMPANIES INC /DE/
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $2.3b | $2.6b | $3.1b | $3.3b | $90.5m | $3.3b | $3.5b | $4.5b | $4.9b | $5.5b | |
| Depreciation, Depletion and Amortization | $658.8m | $726.0m | $819.7m | $867.3m | $870.8m | $868.0m | $887.0m | $964.0m | $1.1b | $1.2b | |
| Depreciation, Depletion and Amortization | $658.8m | $726.0m | $819.7m | $867.3m | $870.8m | $868.0m | $887.0m | $964.0m | $1.1b | $1.2b | |
| Depreciation, Nonproduction | $664.5m | $727.2m | $818.9m | $858.0m | — | $858.0m | $879.0m | $958.0m | $1.1b | $1.2b | |
| Deferred Income Tax Expense (Benefit) | ($5.5m) | ($137.4m) | ($88.6m) | ($6.2m) | — | ($44.5m) | $64.0m | ($7.0m) | $28.0m | $112.0m | |
| Deferred income tax provision (benefit) | ($5.5m) | ($137.4m) | ($88.6m) | ($6.2m) | ($230.7m) | ($44.5m) | $64.0m | ($7.0m) | $28.0m | $112.0m | |
| Share-based Payment Arrangement, Noncash Expense | $102.3m | $101.4m | $103.6m | $125.0m | — | $189.0m | $122.0m | $160.0m | $183.0m | $214.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $25.0m | $19.3m | $16.0m | $23.4m | — | $25.5m | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $102.3m | $101.4m | $103.6m | $125.0m | — | $189.0m | $122.0m | $160.0m | $183.0m | $214.0m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | $218.0m | $0 | $0 | — | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | ($5.2m) | ($8.9m) | ($17.7m) | ($16.1m) | — | ($8.6m) | ($23.0m) | ($61.0m) | ($10.0m) | ($21.0m) | |
| Goodwill and Intangible Asset Impairment | $0 | — | $0 | $0 | — | $0 | $0 | $0 | $0 | $0 | |
| Goodwill, Impairment Loss | — | $97.3m | — | — | — | — | — | — | — | — | |
| Loss on property disposals and impairment charges | $5.2m | $8.9m | $17.7m | $16.1m | $83.8m | $8.6m | $23.0m | $61.0m | $10.0m | $21.0m | |
| Share-based compensation | $102.3m | $101.4m | $103.6m | $125.0m | $58.5m | $189.0m | $122.0m | $160.0m | $183.0m | $214.0m | |
| Gain (Loss) on Extinguishment of Debt | ($51.8m) | $0 | — | $0 | — | ($242.2m) | $0 | $0 | — | — | |
| Income Tax Expense (Benefit) | $1.4b | $1.2b | $1.1b | $1.1b | — | $1.1b | $1.1b | $1.5b | $1.6b | $1.8b | |
| Increase (decrease) in net operating lease liabilities | — | — | $0 | $29.6m | $200.2m | ($129.1m) | ($1.0m) | ($18.0m) | ($12.0m) | $4.0m | |
| Purchase of equity investments | — | $0 | $0 | ($230.2m) | $0 | $0 | $0 | $0 | ($551.0m) | ($12.0m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $23.2m | $62.4m | $23.5m | $43.0m | ($71.1m) | $61.5m | $51.0m | ($37.0m) | $26.0m | $41.0m | |
| Increase (Decrease) in Inventories | ($11.9m) | $450.4m | $465.4m | $296.5m | — | $1.7b | ($58.0m) | $145.0m | $539.0m | $724.0m | |
| Increase (Decrease) in Accounts Payable | $48.3m | $205.1m | $198.2m | $29.3m | — | ($338.1m) | ($600.0m) | $64.0m | $448.0m | $239.0m | |
| Accrued capital expenditures | $1.0b | $1.1b | $1.1b | $1.2b | — | $1.0b | $1.5b | $1.7b | $1.9b | $2.0b | |
| Gain (Loss) on Sale of Derivatives | ($6.1m) | ($30.5m) | $73.8m | $20.0m | — | $54.0m | $200.0m | ($23.0m) | $14.0m | ($58.0m) | |
| Goodwill | $195.9m | $100.1m | $97.6m | $95.5m | — | $96.7m | $97.0m | $95.0m | $94.0m | $96.0m | |
| Investment Income, Interest | $18.1m | $32.7m | $56.0m | $49.1m | — | $4.4m | $78.0m | $249.0m | $257.0m | $195.0m | |
| Revenue from Contract with Customer, Including Assessed Tax | — | $35.9b | $39.0b | $41.7b | — | $48.5b | $49.9b | $54.2b | $56.4b | $60.4b | |
| (Increase) in merchandise inventories | $11.9m | ($450.4m) | ($465.4m) | ($296.5m) | $588.8m | ($1.7b) | $58.0m | ($145.0m) | ($539.0m) | ($724.0m) | |
| Decrease (increase) in income taxes recoverable | — | — | $15.5m | ($34.2m) | $10.7m | ($78.3m) | ($5.0m) | $60.0m | ($10.0m) | $61.0m | |
| Increase in prepaid expenses and other current assets | ($9.6m) | ($317.9m) | $236.3m | ($51.3m) | ($57.5m) | $32.6m | ($73.0m) | ($40.0m) | ($31.0m) | ($468.0m) | |
| Increase in accounts payable | $48.3m | $205.1m | $198.2m | $29.3m | $2.1b | ($338.1m) | ($600.0m) | $64.0m | $448.0m | $239.0m | |
| Increase in accrued expenses and other liabilities | $389.4m | $334.5m | $169.4m | $345.7m | $584.5m | $658.8m | ($23.0m) | $443.0m | $228.0m | $628.0m | |
| Increase (decrease) in income taxes payable | $146.8m | ($94.5m) | $41.0m | ($128.3m) | $52.8m | $99.7m | ($126.0m) | $46.0m | ($31.0m) | $174.0m | |
| Other, net | ($32.5m) | $5.1m | ($15.7m) | ($63.7m) | ($42.8m) | ($15.2m) | $93.0m | ($42.0m) | ($100.0m) | ($87.0m) | |
| Other | ($2.3m) | $0 | $26.7m | $0 | $0 | $0 | ($33.0m) | ($32.0m) | ($43.0m) | ($65.0m) | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($31.2m) | $0 | ($36.1m) | $0 | — | — | — | — | — | — | |
| Derivative, Gain (Loss) on Derivative, Net | ($16.4m) | ($39.8m) | $79.1m | $10.3m | — | $108.3m | $129.0m | ($1.0m) | $59.0m | ($131.0m) | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($684k) | ($696k) | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $3.6b | $3.0b | $4.1b | $4.1b | $4.6b | $3.1b | $4.1b | $6.1b | $6.1b | $6.9b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.0b | $1.1b | $1.1b | $1.2b | ($568.0m) | $1.0b | $1.5b | $1.7b | $1.9b | $2.0b | |
| Payments to Acquire Businesses, Net of Cash Acquired | $2.3m | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Investments | $717.0m | $861.3m | $161.6m | $28.8m | — | $21.9m | $31.0m | $28.0m | $35.0m | $38.0m | |
| Purchases of investments | ($717.0m) | ($861.3m) | ($161.6m) | ($28.8m) | ($29.1m) | ($21.9m) | ($31.0m) | ($28.0m) | ($35.0m) | ($38.0m) | |
| Sales and maturities of investments | $529.1m | $906.1m | $636.6m | $12.7m | $18.5m | $20.3m | $18.0m | $33.0m | $27.0m | $26.0m | |
| Payments for (Proceeds from) Other Investing Activities | — | $0 | ($26.7m) | ($7.4m) | — | $0 | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($1.2b) | ($1.0b) | ($623.6m) | ($1.5b) | ($578.6m) | ($1.0b) | ($1.5b) | ($1.7b) | ($2.5b) | ($2.0b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $992.5m | $0 | — | $0 | — | $0 | $0 | — | — | — | |
| Repayment of debt | — | — | — | — | — | ($3.0b) | $0 | ($500.0m) | $0 | $0 | |
| Proceeds from Issuance of Common Stock | $164.2m | $133.7m | $255.2m | $232.1m | $211.2m | $229.4m | $321.0m | $285.0m | $366.0m | $311.0m | |
| Payments for Repurchase of Common Stock | $1.7b | $1.6b | $2.4b | $1.6b | ($201.5m) | $2.2b | $2.3b | $2.5b | $2.5b | $2.5b | |
| Payments of Ordinary Dividends, Common Stock | $651 | $764 | $923 | $1k | — | $1k | $1k | $1k | $2k | $2k | |
| Payments of Dividends | $651 | $764 | $923 | $1k | — | $1k | $1k | $1k | $2k | $2k | |
| Dividends Payable, Current | $170 | $199 | $242 | $282 | — | $312 | $346 | $383 | $427 | $477 | |
| Dividends Payable | $29 | $30 | $43 | $40 | — | — | — | — | — | — | |
| Cash dividends paid | ($651) | ($764) | ($923) | ($1k) | ($278) | ($1k) | ($1k) | ($1k) | ($2k) | ($2k) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | ($7.1m) | $0 | — | — | ($33.0m) | ($32.0m) | ($43.0m) | ($65.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($1.6b) | ($2.3b) | ($3.1b) | ($2.4b) | $3.2b | ($6.2b) | ($3.3b) | ($4.2b) | ($3.8b) | ($4.1b) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($95.7m) | ($3.2m) | — | ($54.1m) | ($58.0m) | ($2.0m) | ($66.0m) | $120.0m | |
| Effect of exchange rate changes on cash | $9.3m | $113.1m | ($95.7m) | ($3.2m) | $41.3m | ($54.1m) | ($58.0m) | ($2.0m) | ($66.0m) | $120.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $271.8m | $186.5m | — | ($4.2b) | ($750.0m) | $123.0m | ($265.0m) | $895.0m | |
| Net increase (decrease) in cash and cash equivalents | $834.4m | ($171.4m) | $271.8m | $186.5m | $7.3b | ($4.2b) | ($750.0m) | $123.0m | ($265.0m) | $895.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $3.0b | $3.2b | — | $6.2b | $5.5b | $5.6b | $5.3b | $6.2b | |
| Cash and cash equivalents at beginning of year | $2.1b | $2.9b | $2.8b | $3.2b | $10.5b | $6.2b | $5.5b | $5.6b | $5.3b | $6.2b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $64.3m | $64.0m | $56.3m | — | $138.7m | $86.0m | $80.0m | $74.0m | $74.0m | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $1.5b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.