v3.24.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Unit Activity
A summary of stock option and restricted stock unit (“RSU”) activity under the Company’s equity incentive plans was as follows (in millions, except per share amounts):

Outstanding
Stock Options
Outstanding
RSUs
 Shares
Available for
Grant
Number of
Shares
Weighted-
Average
Exercise
Price
Number of
Shares
Weighted-
Average
Grant
Date Fair
Value
As of December 31, 2023134 $71.76 30 $85.35 
Granted(12)168.18 11 156.31 
Increase in shares available for grant13 — — — — 
Options exercised/RSUs vested(1)
(2)41.38 (7)127.68 
Canceled— — (2)143.43 
As of September 30, 2024140 $88.11 32 $96.73 

(1)RSUs vested are net of shares withheld for taxes.
The following table summarizes options outstanding and exercisable as of September 30, 2024 (in millions, except per share amounts and years):

Number of
Shares
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Life (Years)
Aggregate
Intrinsic
Value
Options outstanding
$88.11 5.48$296 
Options exercisable
$74.14 4.69$286 
Schedule of Stock Option Activity
A summary of stock option and restricted stock unit (“RSU”) activity under the Company’s equity incentive plans was as follows (in millions, except per share amounts):

Outstanding
Stock Options
Outstanding
RSUs
 Shares
Available for
Grant
Number of
Shares
Weighted-
Average
Exercise
Price
Number of
Shares
Weighted-
Average
Grant
Date Fair
Value
As of December 31, 2023134 $71.76 30 $85.35 
Granted(12)168.18 11 156.31 
Increase in shares available for grant13 — — — — 
Options exercised/RSUs vested(1)
(2)41.38 (7)127.68 
Canceled— — (2)143.43 
As of September 30, 2024140 $88.11 32 $96.73 

(1)RSUs vested are net of shares withheld for taxes.
The following table summarizes options outstanding and exercisable as of September 30, 2024 (in millions, except per share amounts and years):

Number of
Shares
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Life (Years)
Aggregate
Intrinsic
Value
Options outstanding
$88.11 5.48$296 
Options exercisable
$74.14 4.69$286