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Benefit Plans
 6 Months Ended
Mar. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Benefit Plans Benefit Plans
Stock Plans
The Company had 235.5 million shares reserved for future issuance under its stock plans as of March 30, 2019. Restricted stock units (“RSUs”) granted under the Company’s stock plans generally vest over four years, based on continued employment, and are settled upon vesting in shares of the Company’s common stock on a one-for-one basis. Each share issued with respect to RSUs granted under the Company’s stock plans reduces the number of shares available for grant under the plans by two shares. RSUs canceled and shares withheld to satisfy tax withholding obligations increase the number of shares available for grant under the plans utilizing a factor of two times the number of RSUs canceled or shares withheld.
Rule 10b5-1 Trading Plans
During the three months ended March 30, 2019, Section 16 officers Angela Ahrendts, Timothy D. Cook, Chris Kondo, Luca Maestri and Jeffrey Williams had equity trading plans in place in accordance with Rule 10b5-1(c)(1) under the Exchange Act. An equity trading plan is a written document that pre-establishes the amounts, prices and dates (or formula for determining the amounts, prices and dates) of future purchases or sales of the Company’s stock, including shares acquired pursuant to the Company’s employee and director equity plans.
Restricted Stock Units
A summary of the Company’s RSU activity and related information for the six months ended March 30, 2019 is as follows:
 
Number of
RSUs
(in thousands)
 
Weighted-Average
Grant Date Fair
Value Per RSU
 
Aggregate
Fair Value
(in millions)
Balance as of September 29, 2018
92,155

 
$
134.60

 
 
RSUs granted
32,252

 
$
218.06

 
 
RSUs vested
(20,988
)
 
$
125.84

 
 
RSUs canceled
(2,302
)
 
$
157.83

 
 
Balance as of March 30, 2019
101,117

 
$
162.51

 
$
19,207


The fair value as of the respective vesting dates of RSUs was $348 million and $4.4 billion for the three- and six-month periods ended March 30, 2019, respectively, and was $457 million and $3.6 billion for the three- and six-month periods ended March 31, 2018, respectively.
Share-Based Compensation
The following table shows share-based compensation expense and the related income tax benefit included in the Condensed Consolidated Statements of Operations for the three- and six-month periods ended March 30, 2019 and March 31, 2018 (in millions): 
 
Three Months Ended
 
Six Months Ended
 
March 30,
2019
 
March 31,
2018
 
March 30,
2019
 
March 31,
2018
Share-based compensation expense
$
1,514

 
$
1,348

 
$
3,073

 
$
2,644

Income tax benefit related to share-based compensation expense
$
(331
)
 
$
(347
)
 
$
(1,081
)
 
$
(978
)

As of March 30, 2019, the total unrecognized compensation cost related to outstanding RSUs and stock options was $12.8 billion, which the Company expects to recognize over a weighted-average period of 2.8 years.