REVENUE RECOGNITION (Tables)

12 Months Ended

May 25, 2025

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)	May 25, 2025		May 26, 2024
Unearned revenues
Deferred gift card revenue	$	628.8	$	620.6
Deferred gift card discounts	(30.1)		(29.5)
Other	0.7		0.7
Total	$	599.4	$	591.8
Other liabilities
Deferred franchise fees - non-current	$	5.3	$	4.9

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

	Fiscal Year Ended
(in millions)	May 25, 2025		May 26, 2024
Beginning balance	$	620.6	$	537.0
Acquired deferred gift card revenue	2.6		61.8
Activations	737.0		753.7
Redemptions and breakage	(731.4)		(731.9)
Ending balance	$	628.8	$	620.6