v3.22.2.2
Revenue Recognition (Tables)
3 Months Ended
Aug. 28, 2022
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 28, 2022May 29, 2022
Unearned revenues
Deferred gift card revenue$488.5 $521.1 
Deferred gift card discounts(21.1)(23.5)
Other0.5 0.4 
Total$467.9 $498.0 
Other liabilities
Deferred franchise fees - non-current$2.7 $2.8 
The following table presents a rollforward of deferred gift card revenue.
Three Months Ended
(in millions)August 28, 2022August 29, 2021
Beginning balance$521.1 $494.3 
Activations114.4 106.6 
Redemptions and breakage(147.0)(135.9)
Ending balance$488.5 $465.0