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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Aug. 03, 2019
Accounting Policies [Abstract]  
Deferred gift card revenue
The following table presents deferred gift card revenue activity:
In thousands
 
August 3,
2019
 
August 4,
2018
Balance, beginning of year
 
$
450,302

 
$
406,506

Deferred revenue
 
747,827

 
731,890

Effect of exchange rates changes on deferred revenue
 
(826
)
 
(4,871
)
Revenue recognized
 
(791,293
)
 
(774,955
)
Balance, end of period
 
$
406,010

 
$
358,570
Impact of new lease standard on consolidated balance sheet line items
As a result of applying the new lease standard using the optional transition method, the following adjustments were made to accounts on the Condensed Consolidated Balance Sheet as of February 3, 2019:
In thousands
 
As Reported February 2, 2019
 
Adjustments
 
Adjusted February 3, 2019
CONDENSED CONSOLIDATED BALANCE SHEETS:
 
 
 
 
 
 
Prepaid expenses and other current assets
 
$
513,662

 
$
(149,029
)
(a) 
$
364,633

Net property at cost
 
5,255,208

 
(281,361
)
(b),(f) 
4,973,847

Operating lease right of use asset
 
—

 
8,704,584

(c) 
8,704,584

Other assets
 
497,580

 
(30,086
)
(b) 
467,494

Total Assets
 
$
14,326,029

 
$
8,244,108

 
$
22,570,137

 
 
 
 
 
 
 
Accrued expenses and other current liabilities
 
2,733,076

 
(3,819
)
 
2,729,257

Current portion of operating lease liabilities
 
—

 
1,481,555

(d) 
1,481,555

Other long-term liabilities
 
1,354,242

 
(593,137
)
(e),(f) 
761,105

Long-term operating lease liabilities
 
—

 
7,359,106

(d) 
7,359,106

Retained earnings
 
4,461,744

 
403

(f),(g) 
4,462,147

Total Liabilities and Shareholders' Equity
 
$
14,326,029

 
$
8,244,108

 
$
22,570,137

(a)
Represents prepaid rent reclassified to operating lease right of use assets and current portion of operating lease liabilities.
(b)
Represents impact of reclassifying initial direct costs to operating lease right of use assets.
(c)
Represents capitalization of operating lease right of use assets and reclassification of lease acquisition costs, straight-line rent, prepaid rent and tenant incentives.
(d)
Represents recognition of current and long-term operating lease liabilities.
(e)
Represents reclassification of straight-line rent to operating lease right of use assets.
(f)
Represents de-recognition of assets and liabilities related to non-TJX owned properties under previously existing build-to-suit accounting rules.
(g)
Represents impairment at transition on operating lease right of use assets.