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Benefit Plans | 9 Months Ended
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Jul. 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 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. 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 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.

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- Definition The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 710 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//710/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 712 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//712/tableOfContent Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//715/tableOfContent Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//718/tableOfContent + Details
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