Stock Analysis on Net
Stock Analysis on Net

TJX Cos. Inc. (NYSE:TJX)

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Beginner level

The balance sheet 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 balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel LibreOffice Calc
Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016 Jan 30, 2016 Oct 31, 2015 Aug 1, 2015 May 2, 2015
Accounts payable 4,823,397  6,142,547  2,422,140  1,071,190  2,672,557  3,447,443  2,607,651  2,578,370  2,644,143  3,340,596  2,683,285  2,509,089  2,488,373  2,986,374  2,346,548  2,174,727  2,230,904  2,686,845  2,258,251  2,136,751  2,203,050  2,696,601  2,258,997  2,153,296 
Accrued expenses and other current liabilities 3,471,459  3,228,618  2,884,826  2,187,885  3,041,774  2,806,225  2,601,851  2,468,588  2,733,076  2,594,561  2,414,186  2,220,842  2,522,961  2,361,422  2,208,014  2,021,724  2,320,464  2,155,587  1,985,249  1,933,730  2,069,659  1,957,389  1,834,153  1,741,429 
Current portion of operating lease liabilities 1,677,605  1,650,154  1,591,076  1,399,290  1,411,216  1,412,262  1,353,721  1,343,243  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Current portion of long-term debt 749,684  749,446  749,209  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Federal, state and foreign income taxes payable 81,523  46,429  —  11,182  24,700  21,214  37,518  190,818  154,155  78,668  40,346  246,933  114,203  120,185  101,971  408,941  206,288  52,082  70,705  226,254  129,521  76,088  67,711  241,811 
Current liabilities 10,803,668  11,817,194  7,647,251  4,669,547  7,150,247  7,687,144  6,600,741  6,581,019  5,531,374  6,013,825  5,137,817  4,976,864  5,125,537  5,467,981  4,656,533  4,605,392  4,757,656  4,894,514  4,314,205  4,296,735  4,402,230  4,730,078  4,160,861  4,136,536 
Other long-term liabilities 1,063,902  860,497  848,253  786,008  851,116  797,573  776,654  752,968  1,354,242  1,284,911  1,289,353  1,275,843  1,320,505  1,159,975  1,116,524  1,071,526  1,073,954  1,098,491  928,962  908,537  881,021  907,093  888,281  878,389 
Non-current deferred income taxes, net 37,164  78,007  91,770  113,229  142,170  203,515  196,985  167,283  158,191  236,769  225,073  260,649  233,057  374,276  392,651  304,689  314,000  317,107  360,178  349,004  285,102  380,794  391,874  436,819 
Long-term operating lease liabilities, exclusive of current portion 7,743,216  7,795,838  7,875,234  7,914,825  7,816,633  7,822,067  7,742,866  7,621,531  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Long-term debt, exclusive of current installments 5,332,921  5,447,208  5,445,325  7,192,413  2,236,625  2,235,873  2,235,121  2,234,368  2,233,616  2,232,864  2,232,112  2,231,360  2,230,607  2,229,855  2,229,103  2,228,351  2,227,599  2,226,913  1,615,952  1,615,477  1,624,054  1,624,007  1,623,959  1,623,912 
Long-term liabilities 14,177,203  14,181,550  14,260,582  16,006,475  11,046,544  11,059,028  10,951,626  10,776,150  3,746,049  3,754,544  3,746,538  3,767,852  3,784,169  3,764,106  3,738,278  3,604,566  3,615,553  3,642,511  2,905,092  2,873,018  2,790,177  2,911,894  2,904,114  2,939,120 
Total liabilities 24,980,871  25,998,744  21,907,833  20,676,022  18,196,791  18,746,172  17,552,367  17,357,169  9,277,423  9,768,369  8,884,355  8,744,716  8,909,706  9,232,087  8,394,811  8,209,958  8,373,209  8,537,025  7,219,297  7,169,753  7,192,407  7,641,972  7,064,975  7,075,656 
Preferred stock, par value $1, no shares issued —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Common stock, par value $1 1,204,698  1,200,631  1,199,061  1,197,877  1,199,100  1,203,184  1,208,933  1,212,668  1,217,183  1,233,145  620,767  625,203  628,009  632,303  636,274  643,276  646,319  651,901  656,645  661,083  663,496  669,529  674,370  680,385 
Additional paid-in capital 260,515  126,413  68,532  8,104  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Accumulated other comprehensive loss (606,071) (742,861) (722,941) (797,324) (673,171) (637,414) (712,825) (633,282) (630,321) (591,847) (598,398) (555,530) (441,859) (602,919) (560,730) (695,434) (694,226) (801,557) (659,681) (536,412) (667,472) (545,175) (536,947) (507,394)
Retained earnings 4,973,542  4,982,573  4,115,917  4,330,561  5,422,283  4,976,762  4,806,504  4,552,509  4,461,744  4,615,575  5,204,704  5,192,735  4,962,159  4,616,224  4,465,260  4,605,681  4,558,506  4,479,467  4,454,392  4,410,298  4,311,051  4,226,107  4,138,644  4,117,299 
Shareholders’ equity 5,832,684  5,566,756  4,660,569  4,739,218  5,948,212  5,542,532  5,302,612  5,131,895  5,048,606  5,256,873  5,227,073  5,262,408  5,148,309  4,645,608  4,540,804  4,553,523  4,510,599  4,329,811  4,451,356  4,534,969  4,307,075  4,350,461  4,276,067  4,290,290 
Total liabilities and shareholders’ equity 30,813,555  31,565,500  26,568,402  25,415,240  24,145,003  24,288,704  22,854,979  22,489,064  14,326,029  15,025,242  14,111,428  14,007,124  14,058,015  13,877,695  12,935,615  12,763,481  12,883,808  12,866,836  11,670,653  11,704,722  11,499,482  11,992,433  11,341,042  11,365,946 

Based on: 10-K (filing date: 2021-03-31), 10-Q (filing date: 2020-12-01), 10-Q (filing date: 2020-08-28), 10-Q (filing date: 2020-05-21), 10-K (filing date: 2020-03-27), 10-Q (filing date: 2019-12-03), 10-Q (filing date: 2019-08-30), 10-Q (filing date: 2019-05-31), 10-K (filing date: 2019-04-03), 10-Q (filing date: 2018-12-04), 10-Q (filing date: 2018-08-31), 10-Q (filing date: 2018-06-01), 10-K (filing date: 2018-04-04), 10-Q (filing date: 2017-11-28), 10-Q (filing date: 2017-08-25), 10-Q (filing date: 2017-05-26), 10-K (filing date: 2017-03-28), 10-Q (filing date: 2016-11-30), 10-Q (filing date: 2016-08-26), 10-Q (filing date: 2016-05-27), 10-K (filing date: 2016-03-29), 10-Q (filing date: 2015-12-01), 10-Q (filing date: 2015-08-28), 10-Q (filing date: 2015-05-29).

Balance sheet 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 Q2 2021 to Q3 2021 but then slightly decreased from Q3 2021 to Q4 2021.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. TJX Cos. Inc.’s long-term liabilities decreased from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021.
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 Q2 2021 to Q3 2021 but then slightly decreased from Q3 2021 to Q4 2021.
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 Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021.