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Equity Plans
6 Months Ended
Mar. 02, 2023
Share-Based Payment Arrangement [Abstract]  
Equity Plans
Equity Plans

As of March 2, 2023, 50 million shares of our common stock were available for future awards under our equity plans, including 16 million shares approved for issuance under our employee stock purchase plan (“ESPP”).

Restricted Stock and Restricted Stock Units (“Restricted Stock Awards”)

Restricted Stock Awards activity is summarized as follows:
Six months endedMarch 2,
2023
March 3,
2022
Restricted stock award shares granted1410
Weighted-average grant-date fair value per share$54.00 $71.31 

Employee Stock Purchase Plan (“ESPP”)

For each six-month ESPP offering period that ended in the second quarter of 2023 and 2022, employees purchased 3 million and 2 million shares, respectively, at a per share price of $52.45 and $65.94, respectively.
Stock-based Compensation Expense

Stock-based compensation expense recognized in our statements of operations is presented below. Stock-based compensation expense of $92 million and $48 million was capitalized and remained in inventory as of March 2, 2023 and September 1, 2022, respectively.

Quarter endedSix months ended
March 2,
2023
March 3,
2022
March 2,
2023
March 3,
2022
Stock-based compensation expense by caption
Research and development$59 $45 $112 $83 
Cost of goods sold40 45 76 88 
Selling, general, and administrative36 30 73 65 
Restructure(2)— (2)(5)
$133 $120 $259 $231 
Stock-based compensation expense by type of award
Restricted stock awards$116 $104 $225 $200 
ESPP17 16 34 30 
Stock options— — — 
$133 $120 $259 $231 

As of March 2, 2023, $1.43 billion of total unrecognized compensation costs for unvested awards, before the effect of any future forfeitures, was expected to be recognized through the second quarter of 2027, resulting in a weighted-average period of 1.4 years.