Deferred Revenue (Tables)

6 Months Ended

Mar. 28, 2021

Revenue from Contract with Customer [Abstract]

Changes in Deferred Revenue Balance Related to Stored Value Cards and Loyalty Program

Changes in our deferred revenue balance related to our stored value cards and loyalty program (in millions):

Quarter Ended March 28, 2021	Total
Stored value cards and loyalty program at December 27, 2020	$	1,750.0
Revenue deferred - card activations, card reloads and Stars earned	2,709.7
Revenue recognized - card and Stars redemptions and breakage	(2,977.8)
Other(1)	(6.7)
Stored value cards and loyalty program at March 28, 2021(2)	$	1,475.2
Quarter Ended March 29, 2020	Total
Stored value cards and loyalty program at December 29, 2019	$	1,561.0
Revenue deferred - card activations, card reloads and Stars earned	2,453.6
Revenue recognized - card and Stars redemptions and breakage	(2,736.4)
Other(1)	(5.1)
Stored value cards and loyalty program at March 29, 2020(2)	$	1,273.1

Two Quarters Ended March 28, 2021	Total
Stored value cards and loyalty program at September 27, 2020	$	1,280.5
Revenue deferred - card activations, card reloads and Stars earned	6,147.1
Revenue recognized - card and Stars redemptions and breakage	(5,958.0)
Other(1)	5.6
Stored value cards and loyalty program at March 28, 2021(2)	$	1,475.2
Two Quarters Ended March 29, 2020	Total
Stored value cards and loyalty program at September 29, 2019	$	1,113.7
Revenue deferred - card activations, card reloads and Stars earned	5,961.1
Revenue recognized - card and Stars redemptions and breakage	(5,798.3)
Other(1)	(3.4)
Stored value cards and loyalty program at March 29, 2020(2)	$	1,273.1

(1)“Other” primarily consists of changes in the stored value cards and loyalty program balances resulting from foreign currency translation.

(2)As of March 28, 2021 and March 29, 2020, approximately $1,370.4 million and $1,191.5 million of these amounts were current, respectively.