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Employee Benefit Plans
3 Months Ended
Mar. 31, 2023
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, 202321 
Awarded
Vested(3)
Forfeited(1)
Outstanding as of March 31, 202318 

The weighted average grant date fair value for RSUs awarded during the three months ended March 31, 2023 was $42.98 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,
 20232022
Cost of net revenues$13 $12 
Sales and marketing20 20 
Product development59 45 
General and administrative36 34 
Total stock-based compensation expense$128 $111 
Capitalized in product development$$