Employee Benefit Plans

3 Months Ended

Mar. 31, 2022

Share-based Payment Arrangement [Abstract]

Employee Benefit Plans

Employee Benefit Plans

Restricted Stock Unit Activity

The following table presents restricted stock unit (“RSU”) activity under our equity incentive plans for the period indicated (in millions):

	Units
Outstanding as of January 1, 2022	20
Awarded	1
Vested	(3)
Forfeited	(1)
Outstanding as of March 31, 2022	17

The weighted average grant date fair value for RSUs awarded during the three months ended March 31, 2022 was $57.82 per share.

Stock-Based Compensation Expense

The following table presents the impact on our results of continuing operations of recording stock-based compensation expense for the periods indicated (in millions):

	Three Months Ended March 31,
	2022		2021
Cost of net revenues	$	12	$	10
Sales and marketing	20		20
Product development	45		42
General and administrative	34		31
Total stock-based compensation expense	$	111	$	103
Capitalized in product development	$	4	$	3