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Benefit Plans
6 Months Ended
Apr. 01, 2023
Share-Based Payment Arrangement [Abstract]  
Benefit Plans Benefit Plans
Restricted Stock Units
A summary of the Company’s RSU activity and related information for the six months ended April 1, 2023 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 24, 2022201,501 $109.48 
RSUs granted84,902 $149.73 
RSUs vested(54,795)$86.72 
RSUs canceled(4,671)$122.79 
Balance as of April 1, 2023226,937 $129.76 $37,422 
The fair value as of the respective vesting dates of RSUs was $1.1 billion and $8.0 billion for the three- and six-month periods ended April 1, 2023, respectively, and was $1.0 billion and $9.5 billion for the three- and six-month periods ended March 26, 2022, 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 April 1, 2023 and March 26, 2022 (in millions):
Three Months EndedSix Months Ended
April 1,
2023
March 26,
2022
April 1,
2023
March 26,
2022
Share-based compensation expense$2,686 $2,252 $5,591 $4,517 
Income tax benefit related to share-based compensation expense$(620)$(649)$(1,798)$(2,185)
As of April 1, 2023, the total unrecognized compensation cost related to outstanding RSUs and stock options was $23.2 billion, which the Company expects to recognize over a weighted-average period of 2.8 years.