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Stock-Based Compensation (Tables)
3 Months Ended
Apr. 26, 2020
Share-based Payment Arrangement [Abstract]  
Stock-based compensation expense, net of amounts capitalized as inventory
Our Condensed Consolidated Statements of Income include stock-based compensation expense, net of amounts allocated to inventory, as follows:
 Three Months Ended
 April 26,
2020
April 28,
2019
(In millions)
Cost of revenue$21  $ 
Research and development134  114  
Sales, general and administrative69  60  
Total$224  $178  
Summary of equity award transactions
The following is a summary of equity award transactions under our equity incentive plans:
RSUs, PSUs, and Market-based PSUs Outstanding
 Number of SharesWeighted Average Grant-Date Fair Value Per Share
(In millions, except per share data)
Balances, January 26, 202014  $176.72  
Granted $254.61  
Vested restricted stock(3) $144.27  
Canceled and forfeited(1) $161.66  
Balances, April 26, 202011  $191.23