Stock-Based Compensation (Tables)

9 Months Ended

Feb. 24, 2013

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 24, 2013			February 26, 2012
Weighted-average fair value	$	12.22		$	14.32
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 nine months ended February 24, 2013:



(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		0.1		0.6		0.3
Awards exercised	(1.5	)	(0.1	)	(0.3	)	(0.4	)
Awards forfeited	(0.3	)	(0.1	)	(0.1	)	(0.1	)
Outstanding end of period	12.1		0.2		2.3		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					Nine Months Ended
(in millions)	February 24, 2013			February 26, 2012		February 24, 2013		February 26, 2012
Stock options	$	4.7		$	4.8	$	14.2	$	14.5
Restricted stock/restricted stock units	0.7			0.9		2.1		3.5
Darden stock units	1.7			6.0		12.2		11.1
Performance stock units	(0.4		)	4.4		4.8		9.6
Employee stock purchase plan	0.5			0.5		1.4		1.4
Director compensation program/other	0.1			—		1.3		1.2
Total stock-based compensation expense	$	7.3		$	16.6	$	36.0	$	41.3