Employee Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of restricted stock unit activity

The following table presents restricted stock unit (“RSU”) activity under our equity incentive plans as of and for the nine months ended September 30, 2020 (in millions):  

	Units (1)
Outstanding as of January 1, 2020	28
Awarded	15
Vested	(9)
Forfeited	(7)
Outstanding as of September 30, 2020	27

(1) Activity presented is inclusive of units granted to employees of our Classifieds business

Schedule of stock-based compensation expense

The impact on our results of continuing operations of recording stock-based compensation expense was as follows (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Cost of net revenues	$	11	$	11	$	32	$	35
Sales and marketing	24		19		60		56
Product development	38		41		116		127
General and administrative	40		26		103		103
Total stock-based compensation expense	$	113	$	97	$	311	$	321
Capitalized in product development	$	3	$	4	$	11	$	10