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COMMON STOCK AND STOCKHOLDERS' (DEFICIT) EQUITY (Tables)
 12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Schedule Of Stock Option Activity
A summary of stock option activity for the year ended December 31, 2022 is as follows:
Number of SharesWeighted-Average Exercise PriceWeighted- Average Remaining Life
Total Intrinsic Value
(in millions)
Balance at December 31, 202114,527,468$2.20 5.37$226 
Granted during the period4,463,248 14.15 
Exercised during the period(2,433,884)2.25 
Cancelled and forfeited during the period(1,330,736)13.31 
Balance at December 31, 202215,226,096 $4.73 4.68$72 
Options vested and expected to vest at December 31, 202215,226,096$4.73 4.68$72 
Options exercisable at December 31, 202211,841,163$2.07 4.34$72 
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award The fair value of each stock option was estimated on the grant date using the Black-Scholes option pricing model with the following weighted-average assumptions:
Year Ended December 31,
202020212022
Dividend yield0 %N/A0 %
Risk-free interest rate0.61 %N/A1.61 %
Expected volatility36.69 %N/A40.72 %
Expected term (years)6.04N/A4.61
Schedule Of Activity Related To Time-Based and Market-Based RSUs The following table summarizes the activity related to our Time-Based RSUs for the year ended December 31, 2022:
Number of RSUsWeighted- average grant date fair value
Unvested at December 31, 202149,428,070 $31.78 
Granted61,100,831 11.63 
Vested(25,213,252)21.51 
Forfeited(29,198,867)23.93 
Unvested at December 31, 202256,116,782 $18.55 
The following table summarizes the activity related to our Market-Based RSUs for the year ended December 31, 2022:
Eligible to Vest(1)
Not Eligible to Vest(2)
Total Number of RSUsWeighted- average grant date fair value
Unvested at December 31, 20211,267,918 57,650,926 58,918,844 $23.50 
Granted— — — 
Vested(461,060)— (461,060)
Forfeited— — — 
Unvested at December 31, 2022806,858 57,650,926 58,457,784 $23.50 
________________
(1)Represents RSUs that became eligible to vest upon achievement of share price targets and vest upon satisfaction of time-based service requirements.
(2)Represents RSUs that have not yet become eligible to vest because share price targets have not yet been achieved.
Schedule Of Share-Based Compensation
The following table presents share-based compensation in our consolidated statements of operations for the periods indicated:
Year Ended December 31,
(in millions)20202021
2022(1)
General and administrative$5 $885 $425 
Technology and development 18 610 212 
Operations — 20 8 
Brokerage and transaction— 7 5 
Marketing1 50 4 
Total$24 $1,572 $654 
________________
(1)     Included in the table above, we recorded share-based compensation expense of $323 million related to Market-Based RSUs, $314 million related to Time-Based RSUs, $11 million related to ESPP, and $6 million related to options for the year ended December 31, 2022.
Schedule of Vesting for RSU, ESPP, and Option Awards Outstanding Scheduled vesting for awards outstanding as of December 31, 2022, is as follows:

(in millions, except for number of shares)
Number of Shares(1)
Expense
202324,081,983 $563 
202417,662,243 368 
202512,342,086 247 
20264,286,976 49 
Total58,373,288 $1,227 
(1) Excludes future ESPP shares and Market-Based RSUs for which the share price target has not been met as we cannot forecast the vesting of these shares.