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Stock-Based Compensation (Tables)
12 Months Ended
May 25, 2014
Share-based Compensation [Abstract]  
Recognized Stock-Based Compensation Expense
Stock-based compensation expense included in continuing operations was as follows:  
(in millions)
Fiscal Year
  
2014
 
2013
 
2012
Stock options
$
19.3

 
$
16.3

 
$
16.6

Restricted stock/restricted stock units
0.9

 
2.1

 
3.8

Darden stock units
12.3

 
13.6

 
11.9

Performance stock units
2.5

 
4.7

 
11.3

Employee stock purchase plan
1.8

 
1.8

 
1.8

Director compensation program/other
1.9

 
1.5

 
1.3

 
$
38.7


$
40.0


$
46.7

Summary Of Stock Option Activity
The following table presents a summary of our stock option activity as of and for the year ended May 25, 2014:
  
Options
(in millions)
 
Weighted-Average
Exercise Price
Per Share
 
Weighted-Average
Remaining
Contractual Life (Yrs)
 
Aggregate
Intrinsic Value
(in millions)
Outstanding beginning of period
11.6
 
$38.81
 
5.47
 
$162.6
Options granted
1.7
 
48.32
 
 
 
 
Options exercised
(1.8)
 
28.57
 
 
 
 
Options canceled
(0.3)
 
47.21
 
 
 
 
Outstanding end of period
11.2
 
$41.66
 
5.57
 
$91.0
Exercisable
6.5
 
$36.62
 
3.76
 
$84.6
Summary Of Restricted Stock And RSU Activity
The following table presents a summary of our restricted stock and RSU activity as of and for the fiscal year ended May 25, 2014:
  
Shares
(in millions)
 
Weighted-Average
Grant Date Fair
Value Per Share
Outstanding beginning of period
0.2
 
$35.13
Shares granted
0.1
 
49.24
Shares vested
(0.1)
 
35.12
Outstanding end of period
0.2
 
$39.04
Summary Of Darden Stock Unit Activity
The following table presents a summary of our Darden stock unit activity as of and for the fiscal year ended May 25, 2014:
(All units settled in cash)
Units
(in millions)
 
Weighted-Average
Fair Value Per
Unit
Outstanding beginning of period
2.2
 
$52.83
Units granted
0.6
 
49.11
Units vested
(0.5)
 
48.87
Units canceled
(0.2)
 
46.20
Outstanding end of period
2.1
 
$49.55
Summary Of Performance Stock Unit Activity
The following table presents a summary of our performance stock unit activity as of and for the fiscal year ended May 25, 2014:
(All units settled in cash)
Units
(in millions)
 
Weighted-Average
Fair Value Per
Unit
Outstanding beginning of period
0.9
 
$36.83
Units granted
0.3
 
48.63
Units vested
(0.2)
 
49.08
Units canceled
(0.2)
 
41.74
Performance unit adjustment
(0.5)
 
49.90
Outstanding end of period
0.3
 
$49.55