Deferred Revenue (Tables)

3 Months Ended

Dec. 31, 2023

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 December 31, 2023	Total
Stored value cards and loyalty program at October 1, 2023	$	1,567.5
Revenue deferred - card activations, card reloads and Stars earned	4,687.2
Revenue recognized - card and Stars redemptions and breakage	(4,098.4)
Other(1)	13.4
Stored value cards and loyalty program at December 31, 2023(2)	$	2,169.7
Quarter Ended January 1, 2023	Total
Stored value cards and loyalty program at October 2, 2022	$	1,503.0
Revenue deferred - card activations, card reloads and Stars earned	4,223.4
Revenue recognized - card and Stars redemptions and breakage	(3,714.1)
Other(1)	13.3
Stored value cards and loyalty program at January 1, 2023(2)	$	2,025.6

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

(2)As of December 31, 2023 and January 1, 2023, approximately $2.0 billion and $1.9 billion, respectively, of these amounts were current.