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
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 Jan 31, 2015 Nov 1, 2014 Aug 2, 2014 May 3, 2014
Accounts payable 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  2,007,511  2,554,416  2,148,432  1,956,384 
Accrued expenses and other current liabilities 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  1,796,122  1,787,225  1,645,976  1,532,592 
Current portion of operating lease liabilities 1,591,076  1,399,290  1,411,216  1,412,262  1,353,721  1,343,243  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Current portion of long-term debt 749,209  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Federal, state and foreign income taxes payable —  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  126,001  47,941  30,521  216,284 
Current liabilities 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  3,929,634  4,389,582  3,824,929  3,705,260 
Other long-term liabilities 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  888,137  741,097  727,910  691,871 
Non-current deferred income taxes, net 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  422,516  463,744  470,737  475,068 
Long-term operating lease liabilities, excluding current portion 7,875,234  7,914,825  7,816,633  7,822,067  7,742,866  7,621,531  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Long-term debt, exclusive of current portion 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  1,623,864  1,623,817  1,623,769  1,274,245 
Long-term liabilities 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  2,934,517  2,828,658  2,822,416  2,441,184 
Total liabilities 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  6,864,151  7,218,240  6,647,345  6,146,444 
Preferred stock, par value $1, no shares issued —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Common stock, par value $1 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  684,733  688,900  692,942  700,312 
Additional paid-in capital 68,532  8,104  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Accumulated other comprehensive loss (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) (554,385) (244,471) (167,495) (161,823)
Retained earnings 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  4,133,882  3,929,379  3,749,205  3,745,005 
Shareholders’ equity 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  4,264,230  4,373,808  4,274,652  4,283,494 
Total liabilities and shareholders’ equity 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  11,128,381  11,592,048  10,921,997  10,429,938 

Based on: 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), 10-K (filing date: 2015-03-31), 10-Q (filing date: 2014-12-02), 10-Q (filing date: 2014-08-29), 10-Q (filing date: 2014-05-30).

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 decreased from Q4 2020 to Q1 2021 but then increased from Q1 2021 to Q2 2021 exceeding Q4 2020 level.
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 increased from Q4 2020 to Q1 2021 but then slightly decreased from Q1 2021 to Q2 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 Q4 2020 to Q1 2021 and from Q1 2021 to Q2 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 decreased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.