v3.25.2
Share-Based Compensation
 9 Months Ended
Jun. 28, 2025
Share-Based Payment Arrangement [Abstract]  
Share-Based Compensation Share-Based Compensation
Restricted Stock Units
A summary of the Company’s RSU activity and related information for the nine months ended June 28, 2025, is as follows:
Number of
RSUs
(in thousands)
Weighted-Average
Grant-Date Fair
Value Per RSU
Balance as of September 28, 2024163,326 $158.73 
RSUs granted66,667 $226.87 
RSUs vested(73,515)$159.29 
RSUs canceled(6,502)$180.14 
Balance as of June 28, 2025149,976 $187.82 
The total vesting-date fair value of RSUs was $7.0 billion and $16.3 billion for the three- and nine-month periods ended June 28, 2025, respectively, and was $6.4 billion and $15.0 billion for the three- and nine-month periods ended June 29, 2024, 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 nine-month periods ended June 28, 2025 and June 29, 2024 (in millions):
Three Months EndedNine Months Ended
June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Share-based compensation expense$3,168 $2,869 $9,680 $8,830 
Income tax benefit related to share-based compensation expense$(795)$(764)$(2,870)$(2,662)
As of June 28, 2025, the total unrecognized compensation cost related to outstanding RSUs was $23.7 billion, which the Company expects to recognize over a weighted-average period of 2.6 years.