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Employee Benefit Plans
6 Months Ended
Jun. 30, 2022
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, 202220 
Awarded12 
Vested(6)
Forfeited(2)
Outstanding as of June 30, 202224 

The weighted average grant date fair value for RSUs awarded during the six months ended June 30, 2022 was $56.47 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,
 2022202120222021
Cost of net revenues$13 $13 $25 $23 
Sales and marketing20 25 40 45 
Product development62 55 107 97 
General and administrative42 42 76 73 
Total stock-based compensation expense$137 $135 $248 $238 
Capitalized in product development$$$$