v3.26.1
Revenue Recognition
 9 Months Ended
Feb. 22, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition  
Deferred revenue liabilities from contracts with customers included on our accompanying consolidated balance sheets was comprised of the following:
(in millions)February 22, 2026May 25, 2025
Unearned revenues
Deferred gift card revenue$688.5 $628.8 
Deferred gift card discounts(34.6)(30.1)
Other1.0 0.7 
Total$654.9 $599.4 
Other liabilities
Deferred franchise fees - non-current$11.3 $5.3 
The following table presents a rollforward of deferred gift card revenue:
Three Months EndedNine Months Ended
(in millions)February 22, 2026February 23, 2025February 22, 2026February 23, 2025
Beginning balance$593.8 $576.9 $628.8 $620.6 
Sale of Olive Garden Canada gift card balances— — (0.4)— 
Acquired deferred gift card revenue— — — 2.6 
Activations348.2 346.5 614.2 599.9 
Redemptions and breakage(253.5)(250.7)(554.1)(550.4)
Ending balance$688.5 $672.7 $688.5 $672.7