v3.25.2
Employee Benefit Plans
 6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Employee Benefit Plans Employee Benefit Plans
Restricted Stock Unit Activity

The following table presents restricted stock unit (“RSU”) activity under our equity incentive plans for the period indicated (in millions):
 Units
Outstanding as of January 1, 202521 
Awarded10 
Vested(6)
Forfeited(1)
Outstanding as of June 30, 202524 

The weighted average grant date fair value for RSUs awarded for the six months ended June 30, 2025 was $67.90 per share.

Stock-Based Compensation Expense

The following table presents the impact on our results of continuing operations of recording stock-based compensation expense for the periods indicated (in millions):
Three Months Ended
June 30,		Six Months Ended
June 30,
 2025202420252024
Cost of net revenues$14 $14 $27 $27 
Sales and marketing24 25 44 48 
Product development82 77 147 141 
General and administrative45 38 83 84 
Total stock-based compensation expense$165 $154 $301 $300 
Capitalized product development
$5 $5 $10 $10