v3.26.3
Stock Plans (Tables)
3 Months Ended
Aug. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Compensation Expense Related to Stock-Based Payments Compensation expense related to stock-based payments recognized in the Consolidated Statements of Earnings was as follows:
Quarter Ended
In Millions
Aug. 30, 2026
Aug. 24, 2025
Compensation expense related to stock-based payments
$21.8
$15.1
Shortfall tax expense from stock-based payments in income tax expense in our Consolidated Statements of Earnings were as follows:
Quarter Ended
In Millions
Aug. 30, 2026
Aug. 24, 2025
Shortfall tax expense from stock-based payments
$(5.5)
$(1.5)
Schedule of Net Cash Proceeds and Intrinsic Value of Options Exercised Net cash proceeds from the exercise of stock options less shares used for withholding taxes and the intrinsic value of options exercised
were as follows:
Quarter Ended
In Millions
Aug. 30, 2026
Aug. 24, 2025
Net cash proceeds
$
$0.2
Intrinsic value of options exercised
$
$
Schedule of Estimated Fair Value of Stock Options Granted and Assumptions Used for Black-Scholes Option-Pricing Model The estimated fair values of stock options granted and the assumptions used for the Black-Scholes option-pricing model were as
follows:
Quarter Ended
In Millions
Aug. 30, 2026
Aug. 24, 2025
Estimated fair values of stock options granted
$4.79
$9.45
Assumptions:
Risk-free interest rate
4.5%
4.2%
Expected term
8.0 years
8.0 years
Expected volatility
22.6%
22.3%
Dividend yield
6.8%
4.7%
Schedule of Grant Date Fair Value of Restricted Stock Unit Awards Activity The total grant date fair value of restricted stock unit awards that vested during the period was as follows:
Quarter Ended
In Millions
Aug. 30, 2026
Aug. 24, 2025
Total grant date fair value
$91.6
$98.6