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Deferred Revenue (Tables) | 3 Months Ended
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Dec. 29, 2024
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 29, 2024 | Total
Stored value cards and loyalty program at September 29, 2024 | $ | 1,718.7 |
Revenue deferred - card activations, card reloads and Stars earned | 4,414.4 |
Revenue recognized - card and Stars redemptions and breakage | (3,892.9) |
Other(1) | (27.1) |
Stored value cards and loyalty program at December 29, 2024(2) | $ | 2,213.1 |
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 |
(1)“Other” primarily consists of changes in the stored value cards and loyalty program balances resulting from foreign currency translation. (2)As of December 29, 2024 and December 31, 2023, approximately $2.1 billion and $2.0 billion, respectively, of these amounts were current.

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