v3.26.1
Stock-Based Compensation
 3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
Stock-Based Compensation Expense

Stock-based compensation expense was $358 million and $410 million for the three months ended March 31, 2025 and 2026, respectively.

Stock Option and 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
 Number of
Shares		Weighted-
Average
Exercise
Price		Number of
Shares		Weighted-
Average
Grant
Date Fair
Value
As of December 31, 20255.4 $108.28 32.2 $99.64 
Granted0.5 126.51 11.2 126.55 
Exercised/Vested(0.1)55.19 (2.8)136.43 
Canceled(0.1)151.92 (1.0)138.13 
As of March 31, 20265.7 $110.54 39.6 $103.63 

Number of
Shares		Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Life (Years)
Aggregate
Intrinsic
Value
Options outstanding as of March 31, 20265.7 $110.54 5.94$166 
Options exercisable as of March 31, 20263.8 $97.02 4.36$164