v3.23.3
STOCK-BASED COMPENSATION (Tables)
 9 Months Ended
Sep. 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 nine months ended September 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 
Granted3 $17.31 58 $14.86 
Exercised / Vested(2)$4.45 (25)$24.66 
Forfeited / Cancelled— $— (8)$33.82 
Outstanding at September 30, 202362 $13.42 6.2$692 62 $22.61 
Vested and expected to vest at September 30, 202362 $13.42 6.2$692 62 $22.61 
Exercisable at September 30, 202330 $5.35 5.1$574 — $— 
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 September 30,Nine Months Ended September 30,
2022202320222023
Cost of revenues$25 $23 $48 $64 
Research and development133 133 386 289 
Selling, general, and administrative135 86 418 253 
Total stock-based compensation expense$293 $242 $852 $606