Annual report pursuant to Section 13 and 15(d)

Employee Benefit Plans (Tables)

v3.23.3
Employee Benefit Plans (Tables)
12 Months Ended
Sep. 24, 2023
Employee Benefit and Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Share-based Compensation Arrangements by Share-based Payment Award
The following is a summary of employee RSU transactions that contain only service requirements to vest:
Number of Shares
(in millions)
Weighted-Average
Grant Date Fair Value
RSUs outstanding at September 25, 2022 30  $ 127.58 
RSUs granted 25  116.80 
RSUs canceled/forfeited (3) 124.51 
RSUs vested (17) 122.19 
RSUs outstanding at September 24, 2023 35  122.86 
Share-based Compensation Expense Total share-based compensation expense, related to all of our share-based awards, was comprised as follows (in millions):
2023 2022 2021
Cost of revenues $ 76  $ 61  $ 47 
Research and development 1,911  1,537  1,234 
Selling, general and administrative 497  463  389 
Share-based compensation expense before income taxes 2,484  2,061  1,670 
Related income tax benefit (463) (489) (435)
$ 2,021  $ 1,572  $ 1,235