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Revenue Recognition
3 Months Ended
Aug. 25, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition  
Deferred revenue liabilities from contracts with customers included on our accompanying consolidated balance sheets was comprised of the following:
(in millions)August 25, 2024May 26, 2024
Unearned revenues
Deferred gift card revenue$579.5 $620.6 
Deferred gift card discounts(25.5)(29.5)
Other0.7 0.7 
Total$554.7 $591.8 
Other liabilities
Deferred franchise fees - non-current$4.9 $4.9 
The following table presents a rollforward of deferred gift card revenue.
Three Months Ended
(in millions)August 25, 2024August 27, 2023
Beginning balance$620.6 $537.0 
Acquired deferred gift card revenue— 61.8 
Activations122.4 130.1 
Redemptions and breakage(163.5)(165.5)
Ending balance$579.5 $563.4