Stock-Based Compensation (Tables)

9 Months Ended

Feb. 26, 2012

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The weighted-average fair value of non-qualified stock options and the related assumptions used in the Black-Scholes option pricing model were as follows:



	Stock Options Granted During the Nine Months Ended
	February 26, 2012			February 27, 2011
Weighted-average fair value	$	14.32		$	12.84
Dividend yield	3.53		%	3.01		%
Expected volatility of stock	39.4		%	39.1		%
Risk-free interest rate	2.10		%	2.21		%
Expected option life (in years)	6.5			6.7

Summary Of Darden Stock Unit Activity

The following table presents a summary of our stock-based compensation activity for the nine months ended February 26, 2012:



(in millions)	Stock Options		Restricted Stock/ Restricted Stock Units		Darden Stock Units		Performance Stock Units
Outstanding beginning of period	13.0		0.6		1.9		1.0
Awards granted	1.6		0.1		0.6		0.3
Awards exercised	(1.4	)	(0.4	)	(0.3	)	(0.2	)
Awards forfeited	(0.1	)	—		(0.1	)	—
Outstanding end of period	13.1		0.3		2.1		1.1

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan

We recognized expense from stock-based compensation as follows:



	Three Months Ended				Nine Months Ended
(in millions)	February 26, 2012		February 27, 2011		February 26, 2012		February 27, 2011
Stock options	$	4.8	$	5.1	$	14.5	$	15.1
Restricted stock/restricted stock units	0.9		3.1		3.5		7.4
Darden stock units	6.0		2.9		11.1		11.1
Performance stock units	4.4		5.8		9.6		12.2
Employee stock purchase plan	0.5		0.6		1.4		1.5
Director compensation program/other	—		0.1		1.2		1.4
Total stock-based compensation expense	$	16.6	$	17.6	$	41.3	$	48.7