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Employee Stock Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Summarizes the Components of Stock-Based Compensation Expense
The following table summarizes the components of stock-based compensation expense recognized in our Consolidated Statements of Income for the periods indicated:
202120202019
(In millions)   
Restricted stock units$110.5 $73.2 $67.3 
Stock options1.3 1.5 0.6 
ESPP10.8 8.3 7.1 
Total stock-based compensation expense$122.6 $83.0 $75.0 
Stock-based compensation expense was allocated as follows:
202120202019
(In millions)   
Cost of sales$9.5 $6.7 $5.6 
Research and development29.5 22.1 16.7 
Sales and marketing21.5 16.2 13.0 
General and administrative62.1 38.0 39.7 
Total stock-based compensation expense$122.6 $83.0 $75.0 
Summary of Performance of Our Financial Results
2021 Restricted Stock Units Outstanding
Number of Units (1)
Weighted Average
Grant-Date Fair Value per Share
(In millions, except for per share data)  
Outstanding at the beginning of year5.4 $44.25 
Granted (2)
1.2 78.44 
Shares vested, net (2)
(1.9)39.62 
Canceled and forfeited(0.4)51.15 
Outstanding at the end of year4.3 $56.96 
(1) Includes 0.2 million PSUs granted, 0.4 million PSUs vested, and 1.1 million PSUs outstanding at the end of the year.
(2) Excludes approximately 0.1 million PSUs related to achievement above target levels at the vesting date.