Revenue Recognition (Tables)

6 Months Ended

Nov. 25, 2018

Revenue from Contract with Customer [Abstract]

Contract with Customer

Deferred revenue liabilities from contracts with customers included on our accompanying consolidated balance sheets is comprised of the following:

(in millions)	November 25, 2018
Unearned Revenues
Deferred gift card revenue	$	411.6
Deferred gift card discounts	(24.3		)
Other	1.3
Total	$	388.6
Other liabilities
Deferred franchise fees - non-current	$	2.8

The following table presents a rollforward of deferred gift card revenue:

	Three Months Ended			Six Months Ended
(in millions)	November 25, 2018			November 25, 2018
Beginning balance	$	404.3		$	443.1
Activations	133.7			251.6
Redemptions and breakage	(126.4		)	(283.1		)
Ending balance	$	411.6		$	411.6