Stock-Based Compensation (Tables)

3 Months Ended

Aug. 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 Three Months Ended
	August 26, 2012			August 28, 2011
Weighted-average fair value	$	12.24		$	14.37
Dividend yield	4.0		%	3.5		%
Expected volatility of stock	39.7		%	39.4		%
Risk-free interest rate	0.8		%	2.1		%
Expected option life (in years)	6.5			6.5

Summary Of Darden Stock Unit Activity

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



(in millions)	Stock Options		Restricted Stock/ Restricted Stock Units		Darden Stock Units		Performance Stock Units
Outstanding beginning of period	12.3		0.3		2.1		1.1
Awards granted	1.6		—		0.2		0.3
Awards exercised	(0.5	)	(0.1	)	(0.3	)	(0.4	)
Awards forfeited	—		—		—		(0.1	)
Outstanding end of period	13.4		0.2		2.0		0.9

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
(in millions)	August 26, 2012		August 28, 2011
Stock options	$	4.8	$	5.0
Restricted stock/restricted stock units	0.6		1.3
Darden stock units	4.8		2.1
Performance stock units	3.7		2.6
Employee stock purchase plan	0.4		0.4
Director compensation program/other	0.1		0.1
Total stock-based compensation expense	$	14.4	$	11.5