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Employee Benefit Plans
3 Months Ended
Mar. 31, 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 
Awarded
Vested(3)
Outstanding as of March 31, 202519 

The weighted average grant date fair value for RSUs awarded for the three months ended March 31, 2025 was $64.00 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
March 31,
 20252024
Cost of net revenues$13 $13 
Sales and marketing20 23 
Product development65 64 
General and administrative38 46 
Total stock-based compensation expense$136 $146 
Capitalized in product development$$