XML 30 R13.htm IDEA: XBRL DOCUMENT v3.22.2
REVENUE RECOGNITION
 12 Months Ended
May 29, 2022
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 29, 2022May 30, 2021
Unearned revenues
Deferred gift card revenue$521.1 $494.3 
Deferred gift card discounts(23.5)(20.5)
Other0.4 0.4 
Total$498.0 $474.2 
Other liabilities
Deferred franchise fees - non-current$2.8 $2.2 
The following table presents a rollforward of deferred gift card revenue: 
Twelve Months Ended
(in millions)May 29, 2022May 30, 2021
Beginning balance$494.3 $494.6 
Activations673.3 510.0 
Redemptions and breakage(646.5)(510.3)
Ending balance$521.1 $494.3