XML 38 R12.htm IDEA: XBRL DOCUMENT v3.19.2
Revenue Recognition
 12 Months Ended
May 26, 2019
Revenue from Contract with Customer [Abstract]  
Revenue Recognition REVENUE RECOGNITION
Deferred revenue liabilities from contracts with customers included on our accompanying consolidated balance sheets is comprised of the following:
(in millions)
 
May 26, 2019
Unearned revenues
 
 
Deferred gift card revenue
 
$
453.6

Deferred gift card discounts
 
(26.4
)
Other
 
1.3

Total
 
$
428.5

 
 
 
Other liabilities
 
 
Deferred franchise fees - non-current
 
$
3.9

The following table presents a rollforward of deferred gift card revenue: 
(in millions)
 
Deferred Gift Card Revenue
Balances at May 27, 2018
 
$
443.1

Activations
 
740.2

Redemptions and breakage
 
(729.7
)
Balances at May 26, 2019
 
$
453.6