Revenue Recognition (Tables)

9 Months Ended

Feb. 28, 2021

Revenue from Contract with Customer [Abstract]

Schedule of Contract with Customer

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

(in millions)	February 28, 2021		May 31, 2020
Unearned revenues
Deferred gift card revenue	$	522.6	$	494.6
Deferred gift card discounts	(29.2)		(28.2)
Other	0.4		1.5
Total	$	493.8	$	467.9
Other liabilities
Deferred franchise fees - non-current	$	2.2	$	2.8

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

	Three Months Ended				Nine Months Ended
(in millions)	February 28, 2021		February 23, 2020		February 28, 2021		February 23, 2020
Beginning balance	$	469.3	$	412.4	$	494.6	$	453.6
Activations	230.2		362.7		400.6		606.5
Redemptions and breakage	(176.9)		(269.7)		(372.6)		(554.7)
Ending balance	$	522.6	$	505.4	$	522.6	$	505.4