Quantitative and Qualitative Disclosure about Market Risk
−Removed: TJX is exposed to market risks in the ordinary course of business.
+Added: We are exposed to market risks in the ordinary course of business.
Some potential market risks are discussed below:
3 unchanged sentences
Our currency risk primarily relates to our activity in the Canadian dollar, British pound and Euro.
−Removed: As more fully described in Note F—Financial Instruments of Notes to Consolidated Financial Statements, we use derivative financial instruments to hedge a portion of certain merchandise purchase commitments, primarily at our international operations, and a portion of our intercompany transactions with and within our international operations.
+Added: As more fully described in Note E—Financial Instruments of Notes to Consolidated Financial Statements, we use derivative financial instruments to hedge a portion of certain merchandise purchase commitments, primarily at our international operations, and a portion of our intercompany transactions with and within our international operations.
We enter into derivative contracts only for the purpose of hedging the underlying economic exposure.
6 unchanged sentences
The assets of our funded qualified pension plan, a portion of which are equity securities, are subject to the risks and uncertainties of the financial markets.
−Removed: We invest the pension assets (described further in Note J—Pension Plans and Other Retirement Benefits of Notes to Consolidated Financial Statements) in a manner that attempts to manage our exposure to market uncertainties.
+Added: We invest the pension assets (described further in Note I—Pension Plans and Other Retirement Benefits of Notes to Consolidated Financial Statements) in a manner that attempts to manage our exposure to market uncertainties.
Investments, in general, are exposed to various risks, such as interest rate, credit, and overall market volatility risks.
6 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.