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REVENUE RECOGNITION (Tables)
 12 Months Ended
Jun. 28, 2023
Revenue Recognition [Abstract]  
Changes in Deferred Franchise and Development Fees
The following table reflects the changes in deferred franchise and development fees for the fiscal years ended on June 28, 2023 and June 29, 2022:
June 28, 2023June 29, 2022
Beginning balance$10.1 $11.4 
Additions1.9 1.1 
Amount recognized to Other gains and charges(1)
— (0.9)
Amount recognized to Franchise revenues(0.9)(1.5)
Ending balance$11.1 $10.1 
(1)The remaining deferred franchise and development fee balances associated with the 68 Chili’s restaurants acquired during fiscal 2022 were recognized as of the acquisition dates in Other (gains) and charges in the Consolidated Statements of Comprehensive Income. Refer to Note 3 - Acquisitions for further details.
Remaining Deferred Franchise and Development Fees to be Recognized
The following table illustrates franchise and development fees expected to be recognized in the future related to performance obligations that were unsatisfied or partially unsatisfied as of June 28, 2023:
Fiscal YearFranchise and Development Fees Revenue Recognition
2024$0.9 
20250.9 
20260.8 
20270.8 
20280.7 
Thereafter7.0 
$11.1 
Changes in Gift Card Liability The following table reflects the changes in the Gift card liability for fiscal years ended on June 28, 2023 and June 29, 2022:
June 28, 2023June 29, 2022
Beginning balance$83.9 $106.4 
Gift card sales127.1 134.8 
Gift card redemptions recognized to Company sales(121.7)(122.1)
Gift card breakage recognized to Company sales(1)
(16.5)(36.1)
Other0.2 0.9 
Ending balance$73.0 $83.9 
(1)Gift card breakage recognized to Company sales decreased due to prior year change in estimate to increase gift card breakage rates primarily attributable to gift cards sold prior to fiscal 2022.