TJ Maxx 2015 Annual Report Download - page 65

Download and view the complete annual report

Please find page 65 of the 2015 TJ Maxx annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 100

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100

The TJX Companies, Inc.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Fiscal Year Ended
Amounts in thousands
January 30,
2016
January 31,
2015
February 1,
2014
Net income $2,277,658 $2,215,128 $2,137,396
Additions to other comprehensive income:
Foreign currency translation adjustments, net of related tax benefits of
$41,048, $56,567 and $41,713 in fiscal 2016, 2015 and 2014,
respectively (143,923) (218,700) (57,926)
Loss on cash flow hedge, net of related tax benefit of $3,149 in fiscal
2015 —(4,762) —
Recognition of net gains/losses on benefit obligations, net of related
tax provision of $6,335, benefit of $91,941, and provision of
$36,856 in fiscal 2016, 2015 and 2014, respectively 9,629 (139,366) 55,285
Reclassifications from other comprehensive income to net income:
Amortization of loss on cash flow hedge, net of related tax provision
of $450 and $300 in fiscal 2016 and 2015, respectively 684 452 —
Amortization of prior service cost and deferred gains/losses, net of
related tax provisions of $13,501, $4,591, and $11,001 in fiscal
2016, 2015 and 2014, respectively 20,523 7,523 16,501
Other comprehensive income (loss), net of tax (113,087) (354,853) 13,860
Total comprehensive income $2,164,571 $1,860,275 $2,151,256
The accompanying notes are an integral part of the financial statements.
F-4