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Employee Benefit Plans
6 Months Ended
Jun. 30, 2024
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, 202424 
Awarded11 
Vested(5)
Forfeited(3)
Outstanding as of June 30, 202427 

The weighted average grant date fair value for RSUs awarded during the six months ended June 30, 2024 was $51.79 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
June 30,
Six Months Ended
June 30,
 2024202320242023
Cost of net revenues$14 $14 $27 $27 
Sales and marketing25 25 48 45 
Product development77 74 141 133 
General and administrative38 41 84 77 
Total stock-based compensation expense$154 $154 $300 $282 
Capitalized in product development$$$10 $