v3.23.2
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Activity
The following table summarizes the Company’s stock option and restricted stock unit activity during the six months ended June 30, 2023:

Stock OptionsRSUs
Number of Shares
 (in millions)		Weighted-Average Exercise PriceWeighted-Average Remaining Contractual Life
 (in years)		Aggregate Intrinsic Value (in millions)Number of Shares
 (in millions)		Weighted-Average Grant-Date Fair Value
Outstanding at December 31, 202261 $12.98 37 $38.72 
Granted1 12.92 52 13.90 
Exercised / Vested(1)4.28 (16)26.26 
Forfeited / Cancelled— — (5)36.65 
Outstanding at June 30, 202361 $13.18 6.4$387 68 $22.58 
Vested and expected to vest at June 30, 202361 $13.18 6.4$387 68 $22.58 
Exercisable at June 30 202330 $5.13 5.3$354 — $— 
Share-based Payment Arrangement, Expensed and Capitalized, Amount
The following table summarizes the Company’s stock-based compensation expense for the Stock Plans and 2021 Employee Stock Purchase Plan (“ESPP”) by line item in the Condensed Consolidated Statements of Operations (in millions):

Three Months Ended June 30,Six Months Ended June 30,
2022202320222023
Cost of revenues$13 $23 $23 $41 
Research and development115 72 253 156 
Selling, general, and administrative114 86 283 167 
Total stock-based compensation expense$242 $181 $559 $364