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COMMON STOCK AND STOCKHOLDERS' (DEFICIT) EQUITY (Tables)
 12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule Of Stock Option Activity
A summary of stock option activity for the year ended December 31, 2023 is as follows:
Number of SharesWeighted-Average Exercise PriceWeighted- Average Remaining Life
Total Intrinsic Value
(in millions)
Balance at December 31, 202215,226,096$4.73 4.68$72 
Granted during the period— — 
Exercised during the period(2,443,991)2.07 
Expired during the period(179,524)13.14 
Forfeited during the period(461,015)14.15 
Balance at December 31, 202312,141,566 $4.78 3.76$100 
Options vested and expected to vest at December 31, 202312,141,566$4.78 3.76$100 
Options exercisable at December 31, 202310,667,515$3.50 3.57$100 
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,
202120222023
Dividend yieldN/A0 %N/A
Risk-free interest rateN/A1.61 %N/A
Expected volatilityN/A40.72 %N/A
Expected term (years)N/A4.61N/A
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, 2023:
Number of RSUsWeighted- average grant date fair value
Unvested at December 31, 202256,116,782 $18.55 
Granted24,267,715 9.84 
Vested(31,081,439)15.77 
Forfeited(14,751,060)18.41 
Unvested at December 31, 202334,551,998 $14.99 
The following table summarizes the activity related to our Market-Based RSUs for the year ended December 31, 2023:
Eligible to Vest(1)
Not Eligible to Vest(2)
Total Number of RSUsWeighted- average grant date fair value
Unvested at December 31, 2022806,858 57,650,926 58,457,784 $23.50 
Granted— — — — 
Vested(461,062)— (461,062)2.34 
Cancelled— (35,520,000)(35,520,000)22.68 
Unvested at December 31, 2023345,796 22,130,926 22,476,722 $25.67 
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(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 SBC in our consolidated statements of operations for the periods indicated:
Year Ended December 31,
(in millions)20212022
2023(1)
General and administrative$885 $425 $640 
Technology and development 610 212 211 
Operations 20 8 8 
Brokerage and transaction7 5 7 
Marketing50 4 5 
Total$1,572 $654 $871 
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(1) Included in the table above, we recorded SBC expense of $567 million related to Market-Based RSUs, $292 million related to Time-Based RSUs, $8 million related to ESPP, and $4 million related to options for the year ended December 31, 2023. The tax benefits recognized in the consolidated statements of operations for SBC were $73 million for year ended December 31, 2023 and were not material during the years ended December 31, 2021 and 2022.