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Stock-Based Compensation (Tables)
6 Months Ended
Nov. 29, 2015
Share-based Compensation [Abstract]  
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. For the six months ended November 29, 2015, all stock option grants occurred prior to the separation of Four Corners.
 
Stock Options Granted
 
Six Months Ended
 
November 29, 2015
 
November 23, 2014
Weighted-average fair value (1)
$
12.72

 
$
9.20

Dividend yield
3.3
%
 
4.5
%
Expected volatility of stock
28.0
%
 
37.3
%
Risk-free interest rate
1.9
%
 
2.1
%
Expected option life (in years)
6.5

 
6.5

Weighted-average exercise price per share (1)
$
64.85

 
$
39.55


 (1) Weighted averages were adjusted for the impact of the separation of Four Corners.
Schedule of Nonvested Share Activity
The following table presents a summary of our stock-based compensation activity for the six months ended November 29, 2015: 
(in millions)
 
Stock
Options
 
Restricted
Stock/
Restricted
Stock
Units
 
Darden
Stock
Units
 
Cash-Settled
Performance
Stock Units
 
Equity-Settled
Performance
Stock Units
Outstanding beginning of period
 
7.71

 
0.10

 
1.37

 
0.38

 

Awards issued in conversion as a result of the separation of Four Corners
 
0.97

 

 
0.18

 
0.05

 

Awards granted
 
0.43

 
0.04

 
0.32

 

 
0.19

Awards exercised
 
(1.70
)
 
(0.02
)
 
(0.33
)
 
(0.10
)
 

Awards forfeited
 
(0.13
)
 

 
(0.05
)
 
(0.10
)
 

Performance unit adjustment
 

 

 

 
0.04

 

Outstanding end of period
 
7.28

 
0.12

 
1.49

 
0.27

 
0.19

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
 
Six Months Ended
(in millions)
 
November 29,
2015
 
November 23,
2014
 
November 29,
2015
 
November 23,
2014
Stock options
 
$
2.4

 
$
11.5

 
$
4.9

 
$
14.7

Restricted stock/restricted stock units
 
0.5

 
0.7

 
0.9

 
1.1

Darden stock units
 
2.6

 
3.5

 
6.8

 
4.8

Cash-settled performance stock units
 
0.2

 
7.1

 
2.0

 
8.0

Equity-settled performance stock units
 
0.8

 

 
1.1

 

Employee stock purchase plan
 
0.3

 
0.3

 
0.6

 
0.7

Director compensation program/other
 
0.3

 
0.6

 
1.0

 
0.6

Total stock-based compensation expense
 
$
7.1

 
$
23.7

 
$
17.3

 
$
29.9