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STOCK-BASED COMPENSATION
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
Stock Plans

The Company's Stock Plans permit the grant of RSUs, stock options, and other stock-based awards to employees, non-employees including directors, and consultants.

The following table summarizes the Company’s restricted stock unit activity during the six months ended June 30, 2025:

RSUs
Number of shares
 (in millions)
Weighted-average grant-date fair value
Outstanding at December 31, 202461 $14.10 
Granted52 $11.50 
Vested(26)$14.28 
Forfeited(4)$13.75 
Outstanding at June 30, 202583 $12.44 
Vested and expected to vest at June 30, 202583 $12.44 

Stock option activity during the six months ended June 30, 2025 was not material.

As of June 30, 2025, the Company’s unrecognized stock-based compensation expense for unvested awards was $1,136 million, which is expected to be recognized over a weighted-average period of 1.9 years and 4.6 years for RSUs and stock options outstanding, respectively.