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Benefit Plans
6 Months Ended
Mar. 26, 2022
Share-based Payment Arrangement [Abstract]  
Benefit Plans Benefit Plans
Restricted Stock Units
A summary of the Company’s restricted stock unit (“RSU”) activity and related information for the six months ended March 26, 2022 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 25, 2021240,427 $75.16 
RSUs granted76,920 $149.72 
RSUs vested(62,476)$62.86 
RSUs canceled(8,407)$95.86 
Balance as of March 26, 2022246,464 $100.84 $43,062 
The fair value as of the respective vesting dates of RSUs was $1.0 billion and $9.5 billion for the three- and six-month periods ended March 26, 2022, respectively, and was $867 million and $9.4 billion for the three- and six-month periods ended March 27, 2021, 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 26, 2022 and March 27, 2021 (in millions):
Three Months EndedSix Months Ended
March 26,
2022
March 27,
2021
March 26,
2022
March 27,
2021
Share-based compensation expense$2,252 $1,981 $4,517 $4,001 
Income tax benefit related to share-based compensation expense
$(649)$(575)$(2,185)$(2,199)
As of March 26, 2022, the total unrecognized compensation cost related to outstanding RSUs and stock options was $19.3 billion, which the Company expects to recognize over a weighted-average period of 2.8 years.