A summary of the Company’s RSU activity and related information for the nine months ended July 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, 2022	201,501	$	109.48
RSUs granted	86,896	$	150.23
RSUs vested	(96,681)	$	95.97
RSUs canceled	(7,000)	$	126.48
Balance as of July 1, 2023	184,716	$	135.08	$	35,829

The fair value as of the respective vesting dates of RSUs was $7.0 billion and $14.9 billion for the three- and nine-month periods ended July 1, 2023, respectively, and was $7.8 billion and $17.3 billion for the three- and nine-month periods ended June 25, 2022, respectively.

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 nine-month periods ended July 1, 2023 and June 25, 2022 (in millions):


	Three Months Ended				Nine Months Ended
	July 1, 2023		June 25, 2022		July 1, 2023		June 25, 2022
Share-based compensation expense	$	2,617	$	2,243	$	8,208	$	6,760
Income tax benefit related to share-based compensation expense	$	(993)	$	(1,231)	$	(2,791)	$	(3,416)

As of July 1, 2023, the total unrecognized compensation cost related to outstanding RSUs and stock options was $20.9 billion, which the Company expects to recognize over a weighted-average period of 2.7 years.