After the Supreme Court struck down President Donald Trump's tariffs earlier this year, companies have received billions in tariff refunds.On earnings calls, companies have revealed how much they've received and what they're planning to use them for. Some say that they're using refunds to help lower prices, while others say that these refunds have helped to offset company costs. FedEx and the United Parcel Service are even offering direct refunds in cases where they were the importers of record. For any consumers hoping to get refunds, experts told Marketplace that it's unlikely they'll see that money directly These refunds are only supposed to go to the people or businesses who directly imported a product. Some consumers have filed class-action lawsuits, but attorneys say they're unlikely to succeed because you'd have to prove that a company raised prices due to tariffs."And there isn’t really a legal obligation to reduce prices, if costs decrease later, in our free market,” said Jonathan Shub, co-founder of the class-action law firm Shub Johns & Holbrook LLP, in a Marketplace interview earlier this year.Here's a look at some of the plans companies have for their tariff refunds: WalmartIn an earnings call last week, John David Rainey — the company's chief financial officer — said that to date, Walmart has received "substantially all of" the $2.9 billion in refunds that it was eligible for."We've taken a disciplined approach to investing these funds back into customer experience and price leadership, prioritizing investment in grocery and general merchandise categories," Rainey said.Walmart said it cut prices on 7,200 items at the end of the first quarter, and rolled back prices on 11,000 during this latest quarter. But William Masters, an economics professor at Tufts University, told Marketplace that he doesn't expect these price cuts will last forever and called them an end-of-summer promotion. AmazonThe retail giant revealed during its second-quarter earnings call that it received $600 million in tariff refunds.CFO Brian Olsavsky pointed out that Amazon is not the importer of record for most items sold through the platform and that suppliers are the ones who typically pay any relevant tariffs. But when Amazon itself did see a rise in costs, the company "largely absorbed" those increases instead of passing them onto customers, Olsavsky added. In instances where it did pass on any import costs, Olsavsky said the company plans to issue refunds to affected customers. "Otherwise, like other large retailers, we'll utilize refunds to continue to invest in low prices for customers," Olsavsky said.TargetTarget said that it received $994 million in pre-tax tariff refunds in an earnings call last week, boosting its second-quarter operating income to $2.6 billion. That's double the amount it was the same time last year. The company said that it's worked to reduce the effects of tariffs, lowering prices on over 10,000 items in the past year and either maintaining or lowering prices on 95% of its school supplies. The company also said it plans "to continue lowering prices to drive incremental value for our guests." Marketplace reached out to Target for comment on whether these continued lowered prices are in direct response to the tariff refunds but did not get a response by publication time. Home DepotThe company received $730 million in tariff refunds, $685 million of which was used to offset its cost of goods, according to Home Depot's second-quarter earnings call. That ended up improving the company's margins.The remaining $45 million will remain in the company's inventory and be used to "hit the P&L" or boost its income. Lowe'sElsewhere in the home improvement sector, Lowe's CFO Brandon Sink reported the company received $80 billion in tariff refunds, which it used to "largely offset" high fuel and transportation costs. Sink said that the company is in the process of asking for more refunds. TJXTJX, the parent company of TJ Maxx, Marshalls, HomeGoods and Homesense, received $331 million in tariff refunds during the second quarter of the fiscal year, according to a Securities and Exchange Commission filing. Of that amount, $112 million is going to be used for incentives and bonuses for company associates. "The remaining amount will be used to support our future growth," a TJX spokesperson told Marketplace. Apple Apple received $2.2 billion in tariff refunds, boosting its gross margins by 2 percentage points. CEO Tim Cook said the company plans to reinvest tariff refunds back into the U.S. as part of the company's initiative to boost domestic manufacturing. In 2025, Apple announced the $600 billion, four-year reinvestment plan, which includes producing AI data servers in the U.S. and directly hiring 20,000 people in the country. CostcoIn an earnings call earlier this year, Costco CEO Ron Vachris said that it would return tariff refunds to customers in the form of "lower prices and better values." But Costco is facing a class-action lawsuit calling for the company to directly return tariff refunds to its customers. In an August filing related to the case, Costco said that it had received one-third of the tariff refunds that it's entitled to as of early August. In that filing, the company's attorneys reiterated Vachris’ previous statement and said that Costco "has started to return recovered value to members in the form of better values and lower prices on certain products." FedExBack in June, the company said it would return $800 million worth of tariff refunds to customers. FedEx has a website you can check to see if you're eligible for one.UPSIn an earnings call in April, UPS Carol Tomé said that the company was planning to apply for $500 million worth of tariff refunds. Like FedEx, UPS is also offering refunds in cases where it served as importer. You can see if you're eligible through the company's website.