Revenue Recognition (Tables)

3 Months Ended

Aug. 29, 2021

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)	August 29, 2021		May 30, 2021
Unearned revenues
Deferred gift card revenue	$	465.0	$	494.3
Deferred gift card discounts	(18.3)		(20.5)
Other	0.4		0.4
Total	$	447.1	$	474.2
Other liabilities
Deferred franchise fees - non-current	$	2.7	$	2.2

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

	Three Months Ended
(in millions)	August 29, 2021		August 30, 2020
Beginning balance	$	494.3	$	494.6
Activations	106.6		75.7
Redemptions and breakage	(135.9)		(94.7)
Ending balance	$	465.0	$	475.6