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Stock-Based Compensation (Tables)
9 Months Ended
Aug. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Restricted Stock Unit Activity
Restricted stock unit activity for the nine months ended August 30, 2024 was as follows:
Number of
Shares
(in millions)
Weighted Average
Grant Date
Fair Value
Aggregate
Fair Value (1)
(in millions)
Beginning outstanding balance7.8 $418.63 
Awarded2.9 $586.20 
Released(2.6)$441.45 
Forfeited(0.4)$449.34 
Ending outstanding balance7.7 $472.50 $4,436 
Expected to vest7.1 $471.45 $4,100 
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(1)    The aggregate fair value is calculated using the closing stock price as of August 30, 2024 of $574.41.
Performance Share Activity
Performance share activity for the nine months ended August 30, 2024 was as follows:
Number of
Shares
(in millions)
Weighted Average
Grant Date
Fair Value
Aggregate
Fair Value (1)
(in millions)
Beginning outstanding balance0.5 $465.71 
Awarded0.2 $645.40 
Released(0.1)$455.65 
Forfeited(0.1)$487.20 
Ending outstanding balance0.5 $536.74 $301 
Expected to vest0.5 $534.50 $277 
_________________________________________
(1)    The aggregate fair value is calculated using the closing stock price as of August 30, 2024 of $574.41.
Stock-Based Compensation, Income Statement Location
Total stock-based compensation costs included in our condensed consolidated statements of income for the three and nine months ended August 30, 2024 and September 1, 2023 were as follows:
 Three MonthsNine Months
(in millions)2024202320242023
Cost of revenue$30 $30 $90 $88 
Research and development241 224 704 657 
Sales and marketing140 130 403 375 
General and administrative63 58 195 171 
Total$474 $442 $1,392 $1,291