Stock-Based Compensation (Tables)

6 Months Ended

Nov. 23, 2025

Share-Based Payment Arrangement [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 for options granted during the periods presented were as follows:

	Six Months Ended
	November 23, 2025			November 24, 2024
Weighted-average fair value	$	72.10		$	44.79
Dividend yield	2.9		%	3.6		%
Expected volatility of stock	41.3		%	40.8		%
Risk-free interest rate	4.0		%	4.1		%
Expected option life (in years)	6.3			6.3
Weighted-average exercise price per share	$	208.51		$	139.43

Schedule of Share-Based Payment Award, Equity Instruments Other Than Options, Valuation Assumptions

The weighted-average grant date fair value of market-based performance stock units and the related assumptions used in the Monte Carlo simulations to record stock-based compensation for units granted during the periods presented were as follows:

	Six Months Ended
	November 23, 2025			November 24, 2024
Dividend yield (1)	0.0		%	0.0		%
Expected volatility of stock	25.8		%	26.5		%
Risk-free interest rate	3.7		%	4.2		%
Expected life (in years)	3.8			2.9
Weighted-average grant date fair value per unit	$	244.14		$	181.65

(1)Assumes a reinvestment of dividends.

Schedule of Stock-Based Compensation Activity

The following table presents a summary of our stock-based compensation activity for the six months ended November 23, 2025.

(in millions)	Stock Options	Restricted Stock/ Restricted Stock Units	Equity-Settled Performance Stock Units	Cash-Settled Darden Stock Units
Outstanding beginning of period	1.03	0.26	0.33	0.64
Awards granted	0.11	0.05	0.16	0.13
Awards granted performance impact	—	—	0.10	—
Awards exercised/vested	(0.07)	(0.06)	(0.15)	(0.20)
Awards forfeited	—	—	—	(0.02)
Outstanding end of period	1.07	0.25	0.44	0.55

Schedule of Recognized Expense From Stock-Based Compensation

We recognized expense from stock-based compensation as follows: 

	Three Months Ended				Six Months Ended
(in millions)	November 23, 2025		November 24, 2024		November 23, 2025		November 24, 2024
Stock options	$	3.8	$	0.9	$	6.6	$	5.7
Restricted stock/restricted stock units	4.3		1.4		7.5		6.9
Equity-settled performance stock units	10.6		2.2		17.5		14.7
Cash-settled Darden stock units	3.8		8.4		14.7		19.0
Employee stock purchase plan	0.9		0.8		1.7		1.6
Director compensation program/other	0.5		0.5		0.9		1.0
Total stock-based compensation expense	$	23.9	$	14.2	$	48.9	$	48.9