TJX Cos. Inc. (TJX)

Statement of Financial Position, Liabilities and Stockholders’ Equity

Difficulty: Beginner

The statement of financial position provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

TJX Cos. Inc., Consolidated Statement of Financial Position, Liabilities and Stockholders’ Equity

USD $ in thousands

		Feb 3, 2018		Jan 28, 2017		Jan 30, 2016		Jan 31, 2015		Feb 1, 2014		Feb 2, 2013
	Accounts payable
	Employee compensation and benefits, current
	Dividends payable
	Accrued capital additions
	Rent, utilities and occupancy, including real estate taxes
	Merchandise credits and gift certificates
	Insurance
	Sales tax collections and V.A.T. taxes
	All other current liabilities
	Accrued expenses and other current liabilities
	Federal, state and foreign income taxes payable
	Current liabilities
	Employee compensation and benefits, long term
	Accrued rent
	Landlord allowances
	Income taxes payable
	Tax reserve, long term
	Financing lease obligations
	Asset retirement obligation
	All other long-term liabilities
	Other long-term liabilities
	Non-current deferred income taxes, net
	Long-term debt
	Non-current liabilities
	Total liabilities
	Preferred stock, par value $1; no shares issued
	Common stock, par value $1
	Additional paid-in capital
	Accumulated other comprehensive loss
	Retained earnings
	Shareholders’ equity
	Total liabilities and shareholders’ equity

Based on: 10-K (filing date: 2018-04-04), 10-K (filing date: 2017-03-28), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-04-01), 10-K (filing date: 2013-04-02).

Item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	TJX Cos. Inc.’s current liabilities increased from 2016 to 2017 and from 2017 to 2018.
Non-current liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	TJX Cos. Inc.’s non-current liabilities increased from 2016 to 2017 and from 2017 to 2018.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	TJX Cos. Inc.’s total liabilities increased from 2016 to 2017 and from 2017 to 2018.
Shareholders’ equity	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	TJX Cos. Inc.’s shareholders’ equity increased from 2016 to 2017 and from 2017 to 2018.

	TJX Cos. Inc.	Other companies (not purchased previously)
Financial Statements
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Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality