<SEC-DOCUMENT>0001104659-23-045595.txt : 20230414
<SEC-HEADER>0001104659-23-045595.hdr.sgml : 20230414
<ACCEPTANCE-DATETIME>20230414161652
ACCESSION NUMBER:		0001104659-23-045595
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		12
CONFORMED PERIOD OF REPORT:	20230414
ITEM INFORMATION:		Regulation FD Disclosure
FILED AS OF DATE:		20230414
DATE AS OF CHANGE:		20230414

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Morningstar, Inc.
		CENTRAL INDEX KEY:			0001289419
		STANDARD INDUSTRIAL CLASSIFICATION:	INVESTMENT ADVICE [6282]
		IRS NUMBER:				363297908
		STATE OF INCORPORATION:			IL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51280
		FILM NUMBER:		23821377

	BUSINESS ADDRESS:	
		STREET 1:		22 WEST WASHINGTON STREET
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60602
		BUSINESS PHONE:		(312) 696-6000

	MAIL ADDRESS:	
		STREET 1:		22 WEST WASHINGTON STREET
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60602
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>tm2312811d1_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8"?>
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:dei="http://xbrl.sec.gov/dei/2021q4" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:us-gaap="http://fasb.org/us-gaap/2021-01-31" xmlns:us-roles="http://fasb.org/us-roles/2021-01-31" xmlns:country="http://xbrl.sec.gov/country/2021" xmlns:srt="http://fasb.org/srt/2021-01-31" xmlns:morn="http://morningstar.com/20230414">
<head>
     <title></title>
<meta http-equiv="Content-Type" content="text/html" />
</head>
<!-- Field: Set; Name: xdx; ID: xdx_02A_US%2DGAAP%2D2021 -->
<!-- Field: Set; Name: xdx; ID: xdx_032_morn_morningstar.com_20230414 -->
<!-- Field: Set; Name: xdx; ID: xdx_042_20230414_20230414 -->
<!-- Field: Set; Name: xdx; ID: xdx_05B_edei%2D%2DEntityCentralIndexKey_0001289419 -->
<!-- Field: Set; Name: xdx; ID: xdx_059_edei%2D%2DAmendmentFlag_false -->
<!-- Field: Set; Name: xdx; ID: xdx_06B_USD_1_iso4217%2D%2DUSD -->
<!-- Field: Set; Name: xdx; ID: xdx_062_Shares_2_xbrli%2D%2Dshares -->
<!-- Field: Set; Name: xdx; ID: xdx_06D_USDPShares_3_iso4217%2D%2DUSD_xbrli%2D%2Dshares -->
<body style="font: 10pt Times New Roman, Times, Serif">
<div style="display: none">
<ix:header>
 <ix:hidden>
  <ix:nonNumeric contextRef="From2023-04-14to2023-04-14" name="dei:EntityCentralIndexKey">0001289419</ix:nonNumeric>
  <ix:nonNumeric contextRef="From2023-04-14to2023-04-14" name="dei:AmendmentFlag">false</ix:nonNumeric>
  </ix:hidden>
 <ix:references>
  <link:schemaRef xlink:href="morn-20230414.xsd" xlink:type="simple" />
  </ix:references>
 <ix:resources>
    <xbrli:context id="From2023-04-14to2023-04-14">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001289419</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2023-04-14</xbrli:startDate>
        <xbrli:endDate>2023-04-14</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:unit id="USD">
      <xbrli:measure>iso4217:USD</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Shares">
      <xbrli:measure>xbrli:shares</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="USDPShares">
      <xbrli:divide>
        <xbrli:unitNumerator>
          <xbrli:measure>iso4217:USD</xbrli:measure>
        </xbrli:unitNumerator>
        <xbrli:unitDenominator>
          <xbrli:measure>xbrli:shares</xbrli:measure>
        </xbrli:unitDenominator>
      </xbrli:divide>
    </xbrli:unit>
  </ix:resources>
 </ix:header>
</div>


<p style="margin: 0; font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="margin: 0; font-family: Arial, Helvetica, Sans-Serif"></p>

<!-- Field: Rule-Page --><div style="width: 100%; font-family: Arial, Helvetica, Sans-Serif"><div style="border-top: Black 2pt solid; border-bottom: Black 1pt solid; font: 1pt Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></div></div><!-- Field: /Rule-Page -->

<p style="margin: 0; font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: bold 16pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif">UNITED
STATES</span></p>

<p style="font: bold 16pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>SECURITIES
AND EXCHANGE COMMISSION</b></span></p>

<p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 16pt"><b>Washington,
D.C. 20549</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></p>

<!-- Field: Rule-Page --><div style="margin: 3pt auto; width: 80%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 16pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>FORM
<span id="xdx_90A_edei--DocumentType_c20230414__20230414_z3bD4oC2m7M6"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" name="dei:DocumentType">8-K</ix:nonNumeric></span></b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></p>

<!-- Field: Rule-Page --><div style="margin: 3pt auto; width: 80%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>&#160;</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>CURRENT
REPORT</b></span><b>&#160;</b></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Pursuant
to Section 13 or 15(d) of the<br />
Securities Exchange Act of 1934</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>&#160;</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif">Date
of Report (Date of earliest event reported): <b><span id="xdx_903_edei--DocumentPeriodEndDate_c20230414__20230414_zfNigvxMAd4k"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate">April 14, 2023</ix:nonNumeric></span></b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>&#160;</b></span></p>

<p style="font: bold 16pt Arial, Helvetica, Sans-Serif; margin: 0pt 122.05pt 0pt 122pt; text-align: center"><span id="xdx_902_edei--EntityRegistrantName_c20230414__20230414_zHPMfzdOOgyb" style="font-family: Arial, Helvetica, Sans-Serif"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" name="dei:EntityRegistrantName">MORNINGSTAR,
INC.</ix:nonNumeric></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif">(Exact
name of registrant as specified in its charter)</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
    <td style="width: 33%; font-weight: bold; text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span id="xdx_901_edei--EntityIncorporationStateCountryCode_c20230414__20230414_zLVGs1h9tlLj" style="font-family: Arial, Helvetica, Sans-Serif"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode">Illinois</ix:nonNumeric></span></td>
    <td style="width: 34%; font-weight: bold; text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span id="xdx_908_edei--EntityFileNumber_c20230414__20230414_zDcaMAUm1rL9" style="font-family: Arial, Helvetica, Sans-Serif"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" name="dei:EntityFileNumber">000-51280</ix:nonNumeric></span></td>
    <td style="width: 33%; font-weight: bold; text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span id="xdx_903_edei--EntityTaxIdentificationNumber_c20230414__20230414_zcMaIdrDlkVi" style="font-family: Arial, Helvetica, Sans-Serif"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" name="dei:EntityTaxIdentificationNumber">36-3297908</ix:nonNumeric></span></td></tr>
<tr style="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
    <td style="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">(State
    </span>or other<br />
    <span style="font-family: Arial, Helvetica, Sans-Serif">jurisdiction<br />
    of incorporation)</span></td>
    <td style="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">(Commission
    <br />
    File Number)</span></td>
    <td style="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">(I.R.S.<br />
    Employer<br />
    Identification<br />
    No.)&#160;</span></td></tr>
<tr style="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
    <td style="text-align: center; font-family: Arial, Helvetica, Sans-Serif"></td>
    <td style="text-align: center; font-family: Arial, Helvetica, Sans-Serif"></td>
    <td style="text-align: center; font-family: Arial, Helvetica, Sans-Serif"></td></tr>
</table>

<p style="margin: 0; font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
    <td style="font-weight: bold; text-align: center; width: 51%; font-family: Arial, Helvetica, Sans-Serif"><span id="xdx_90C_edei--EntityAddressAddressLine1_c20230414__20230414_z5RjYEhNOcM7" style="font-family: Arial, Helvetica, Sans-Serif"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" name="dei:EntityAddressAddressLine1">22
    West Washington Street</ix:nonNumeric></span></td>
    <td style="font-weight: bold; text-align: center; width: 49%; font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></td></tr>
<tr style="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
    <td style="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span id="xdx_909_edei--EntityAddressCityOrTown_c20230414__20230414_zjp1haeXtJY7" style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" name="dei:EntityAddressCityOrTown">Chicago</ix:nonNumeric></b></span><b><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">,
    <span id="xdx_90B_edei--EntityAddressStateOrProvince_c20230414__20230414_zLQMeccqnuVb"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince">Illinois</ix:nonNumeric></span></span></b></td>
    <td style="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span id="xdx_904_edei--EntityAddressPostalZipCode_c20230414__20230414_zjMeoX8pf6Oj" style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" name="dei:EntityAddressPostalZipCode">60602</ix:nonNumeric></b></span></td></tr>
<tr style="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
    <td style="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">(Address
    of principal executive offices)</span></td>
    <td style="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">(Zip
    Code)</span></td></tr>
</table>


<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif">(<span id="xdx_905_edei--CityAreaCode_c20230414__20230414_zzdEzsNqpjZ2"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" name="dei:CityAreaCode">312</ix:nonNumeric></span></span><span style="font-family: Arial, Helvetica, Sans-Serif">)
<span id="xdx_90D_edei--LocalPhoneNumber_c20230414__20230414_z3T3HbiaQXK5"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" name="dei:LocalPhoneNumber">696-6000</ix:nonNumeric></span></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif">(Registrant&#8217;s
telephone number,<br />
including area code)</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif">N/A</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif">(Former
name or former address, if changed since last report)</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></p>

<!-- Field: Rule-Page --><div style="margin: 3pt auto; width: 80%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: left"><span style="font-family: Arial, Helvetica, Sans-Serif">Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
<td style="width: 22.65pt; font-family: Arial, Helvetica, Sans-Serif"></td><td style="width: 26.3pt; font-family: Arial, Helvetica, Sans-Serif"><span id="xdx_905_edei--WrittenCommunications_c20230414__20230414_zqugre0I7Cj4" style="font-family: Wingdings"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" format="ixt:booleanfalse" name="dei:WrittenCommunications">&#168;</ix:nonNumeric></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">Written
                                            communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
<td style="width: 22.65pt; font-family: Arial, Helvetica, Sans-Serif"></td><td style="width: 26.3pt; font-family: Arial, Helvetica, Sans-Serif"><span id="xdx_90A_edei--SolicitingMaterial_c20230414__20230414_zjjOXdbf6Uj6" style="font-family: Wingdings"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" format="ixt:booleanfalse" name="dei:SolicitingMaterial">&#168;</ix:nonNumeric></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">Soliciting
                                            material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
<td style="width: 22.65pt; font-family: Arial, Helvetica, Sans-Serif"></td><td style="width: 26.3pt; font-family: Arial, Helvetica, Sans-Serif"><span id="xdx_90A_edei--PreCommencementTenderOffer_c20230414__20230414_z0e8dNOP2sr3" style="font-family: Wingdings"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" format="ixt:booleanfalse" name="dei:PreCommencementTenderOffer">&#168;</ix:nonNumeric></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">Pre-commencement
                                            communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
<td style="width: 22.65pt; font-family: Arial, Helvetica, Sans-Serif"></td><td style="width: 26.3pt; font-family: Arial, Helvetica, Sans-Serif"><span id="xdx_909_edei--PreCommencementIssuerTenderOffer_c20230414__20230414_zfjayf4j0pu9" style="font-family: Wingdings"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" format="ixt:booleanfalse" name="dei:PreCommencementIssuerTenderOffer">&#168;</ix:nonNumeric></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">Pre-commencement
                                            communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><span style="font-family: Arial, Helvetica, Sans-Serif">Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><span style="font-family: Arial, Helvetica, Sans-Serif">Emerging
growth company </span><span id="xdx_909_edei--EntityEmergingGrowthCompany_c20230414__20230414_zJdblNtQA8a6" style="font-family: Wingdings"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" format="ixt:booleanfalse" name="dei:EntityEmergingGrowthCompany">&#168;</ix:nonNumeric></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><span style="font-family: Arial, Helvetica, Sans-Serif">If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. </span><span style="font-family: Wingdings">&#168;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 5.15pt; margin-bottom: 0pt; text-align: left"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 5.15pt; margin-bottom: 0pt; text-align: left"><span style="font-family: Arial, Helvetica, Sans-Serif">Securities
registered pursuant to Section 12(b) of the Act:</span></p>

<p style="font: 1pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.15pt 0pt 5.5pt"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
    <td style="border: Black 1pt solid; width: 36%; text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Title
    of Each Class</b></span></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 24%; text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Trading
    Symbol</b></span></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 40%; text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Name
    of Each Exchange on Which<br />
    Registered</b></span></td></tr>
<tr style="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span id="xdx_908_edei--Security12bTitle_c20230414__20230414_zLKQ4uPK1Xrd" style="font-family: Arial, Helvetica, Sans-Serif"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" name="dei:Security12bTitle">Common
    stock, no par value</ix:nonNumeric></span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span id="xdx_900_edei--TradingSymbol_c20230414__20230414_zHDqNFqgRsll" style="font-family: Arial, Helvetica, Sans-Serif"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" name="dei:TradingSymbol">MORN</ix:nonNumeric></span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Arial, Helvetica, Sans-Serif"><span id="xdx_906_edei--SecurityExchangeName_c20230414__20230414_zrp3rBffEljg" style="font-family: Arial, Helvetica, Sans-Serif"><ix:nonNumeric contextRef="From2023-04-14to2023-04-14" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">The
    Nasdaq Stock Market LLC</ix:nonNumeric></span></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.15pt 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></p>

<!-- Field: Rule-Page --><div style="width: 100%; font-family: Arial, Helvetica, Sans-Serif"><div style="border-top: Black 1pt solid; border-bottom: Black 2pt solid; font: 1pt Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>



<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 5.4pt"></p>

<!-- Field: Page; Sequence: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0in">&#160;</p>

<p style="margin: 0; font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Item 7.01.
Regulation FD Disclosure.</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">The following
information is included in this Current Report on Form&#160;8-K as a result of Morningstar,&#160;Inc.&#8217;s policy regarding public
disclosure of corporate information. Answers to inquiries submitted between March&#160;1, 2023 and March&#160;31, 2023, if any, that
comply with this policy are scheduled to become available around April&#160;28, 2023.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Caution
Concerning Forward-Looking Statements</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">This current
report on Form&#160;8-K contains forward-looking statements as that term is used in the Private Securities Litigation Reform Act of 1995.
These statements are based on our current expectations about future events or future financial performance. Forward-looking statements
by their nature address matters that are, to different degrees, uncertain, and often contain words such as &#8220;may,&#8221; &#8220;could,&#8221;
&#8220;expect,&#8221; &#8220;intend,&#8221; &#8220;plan,&#8221; &#8220;seek,&#8221; &#8220;anticipate,&#8221; &#8220;believe,&#8221;
&#8220;estimate,&#8221; &#8220;predict,&#8221; &#8220;potential,&#8221; &#8220;prospects,&#8221; or &#8220;continue.&#8221; These statements
involve known and unknown risks and uncertainties that may cause the events we discuss not to occur or to differ significantly from what
we expect. For us, these risks and uncertainties include, among others,</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">failing
                                            to maintain and protect our brand, independence, and reputation;</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">liability
                                            related to cybersecurity and the protection of confidential information, including personal
                                            information about individuals;</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">compliance
                                            failures, regulatory action, or changes in laws applicable to our credit ratings operations,
                                            investment advisory, ESG and index businesses;</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">failing
                                            to innovate our product and service offerings or anticipate our clients&#8217; changing needs;</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">prolonged
                                            volatility or downturns affecting the financial sector, global financial markets, and the
                                            global economy and its effect on our revenue from asset-based fees and credit ratings business;</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">failing
                                            to recruit, develop, and retain qualified employees;</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">liability
                                            for any losses that result from errors in our automated advisory tools;</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">inadequacy
                                            of our operational risk management and business continuity programs in the event of a material
                                            disruptive event;</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">failing
                                            to efficiently integrate and leverage acquisitions and other investments to produce the results
                                            we anticipate;</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">failing
                                            to scale our operations and increase productivity and its effect on our ability to implement
                                            our business plan;</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">failing
                                            to maintain growth across our businesses in today's fragmented geopolitical, regulatory and
                                            cultural world;</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">liability
                                            relating to the information and data we collect, store, use, create, and distribute or the
                                            reports that we publish or are produced by our software products;</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">the
                                            potential adverse effect of our indebtedness on our cash flows and financial flexibility;</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">challenges
                                            in accounting for complexities in taxes in the global jurisdictions in which we operate could
                                            materially affect our tax obligations and tax rate; and</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">failing
                                            to protect our intellectual property rights or claims of intellectual property infringement
                                            against us.</span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Investor
Questions and Answers: April&#160;14, 2023</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We
encourage current shareholders, potential shareholders, and other interested parties to send questions to us in writing and we make
written responses available on a regular basis. The following answers respond to selected questions received through
February&#160;28, 2023. We retain the discretion to combine answers for duplicate or similar questions into one comprehensive
response.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">If
you would like to submit a question, please send an e-mail to </span><span style="font-family: Arial, Helvetica, Sans-Serif">investors@morningstar.com
or write to us at the following address:</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Morningstar,&#160;Inc.&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Investor Relations&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">22 W. Washington
St.&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Chicago,&#160;IL
60602</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></p>

<!-- Field: Page; Sequence: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We received
an unusually high volume of shareholder questions in February&#160;and have consolidated our responses to similar questions. To share
information in as timely a manner as possible, we have published our responses in installments. This is the fourth and final installment.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">These questions
include several related to the profitability profile of our various products. We do not have business operating segments. We have one
reportable segment, but disclose revenue by type and product area, to provide useful information to shareholders. When we address relative
margins, by type of revenue or product area, we employ a variety of cost allocation methodologies to directly attribute certain expenses
to the product areas. These methodologies are not complete and, like our product areas, do change from time to time. As a result, our
discussions of relative margins are directional and based on estimates. Moreover, certain significant pools of operating expenses, including
those for data, research, information technology systems, infrastructure, sales, marketing, facilities, and other corporate functions,
are managed by centralized teams. The allocation of these expenses to product areas may also change over time.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>MJKK</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>1.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>You
                                            recently announced the termination of your licensing agreement with MJKK. What was the rationale
                                            for the transaction? Does this now provide upside to revenues/earnings from Japan? Presumably,
                                            you were only partially participating given the licensing arrangement, but now you can operate
                                            through your wholly owned subsidiary</b>.</span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">To understand
why we decided on this path, it&#8217;s helpful to provide some background on our relationship with Morningstar Japan K.K. (MJKK)*. The
licensing agreement dated to 1998, when we entered into a joint venture with SoftBank to form MJKK. In the early years of our expansion
beyond the U.S., we often worked through a joint venture when we entered a new market. Under this structure, MJKK did not pay licensing
fees to Morningstar. Today, we hold an ownership stake in SBI Global Asset Management (formerly MJKK) of approximately 13% as we have
sold a portion of our stake in the market over time and through the tender offer, as further described below.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We currently
operate our businesses in Japan primarily through our Ibbotson Associates Japan (IAJ) affiliate, which is a wholly owned Morningstar
company. Through IAJ, we provide a limited set of our products and services, which include investment advisory services that we&#8217;ve
offered for more than 20 years under the Ibbotson brand. In addition,&#160;IAJ sells Morningstar Direct, Morningstar Indexes, equity
research, market, and equity data.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">With the termination
of the licensing agreement with MJKK, the Morningstar brand in Japan is in our full control. We expect this to provide long-term benefits
which could not be achieved under the previous structure. We believe that the Japanese market offers strong growth potential. According
to the Bank of Japan, as of June&#160;2022, Japanese investors owned more than JPY 2,000 trillion of financial household assets. At this
point, these assets are overwhelmingly held in risk-free instruments, such as bank savings and insurance products. However, the Japanese
government and regulators are promoting a shift to financial investments. With the return of our brand, we are positioned to take advantage
of this shift while expanding our footprint in Japan to offer products that we were historically not able to offer aggressively, including
fund data, the Morningstar rating for funds (&#8220;star rating&#8221;), and the Morningstar Analyst Rating. The transaction also removes
the brand confusion between Morningstar and the former MJKK, and we believe that it will help us expand our existing capabilities in
Japan, including Morningstar Indexes. We believe that over time our business in Japan could grow meaningfully.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Under the
license termination agreement with MJKK, we agreed to pay 8 billion Japanese yen (roughly $60 million) to MJKK. In connection with the
termination agreement, we also entered into a tender offer agreement with SBI Global Asset Management, part of SBI Holdings, a SoftBank
spinoff (SBI) and a significant shareholder of MJKK. SBI launched a public tender offer for the purpose of acquiring up to 10 million
of the shares we held in MJKK. The tender offer was completed in March&#160;2023, and we sold roughly 8 million of our shares in MJKK
to SBI for approximately 3.5 billion Japanese yen (about $26 million) due to the participation of other investors in the tender offer.
The proceeds from the sale of MJKK shares partially financed the payment associated with the termination agreement.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">*As of late
March&#160;2023, MJKK was renamed SBI Global Asset Management and restructured.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>2.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Please
                                            specify the first quarter impact to your results based on disclosed recent developments with
                                            MJKK, including the impact to P&amp;L, cash flow and balance sheet (including the impact
                                            on your minority stake on balance sheet). What are your plans for your remaining stake in
                                            MJKK? Will you sell the remaining stake to pay for the additional consideration?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We anticipate
the following impacts on our first quarter 2023 financial statements from the termination of our license agreement with MJKK and the
related tender offer of a portion of our outstanding shares:</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">The
                                            recording of an expense related to the termination payment of 8 billion Japanese yen (approximately
                                            $60 million) and a corresponding liability associated with the outstanding payment due in
                                            April.</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">The
                                            recording of a realized gain on the partial sale of our stake in MJKK.</span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></p>

<!-- Field: Page; Sequence: 2 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">The
                                            recording of an unrealized gain and related increase in investments in unconsolidated entities
                                            on the balance sheet associated with the remeasurement of our remaining stake in SBI Global
                                            Asset Management (formerly MJKK), partially offset by a decrease related to the sale of a
                                            portion of our stake.</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">The
                                            recording of an increase in cash associated with the completion of the tender offer.</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">An
                                            increase in other liabilities for the final termination payment to be paid in April.</span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">The above
impacts and final accounting treatment will be fully disclosed in our earnings release and Form&#160;10Q.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We made the
first termination payment of 6 billion Japanese yen (approximately $45.0 million) on April&#160;6th and expect to make a second, contingent
payment of 2 billion Japanese yen (approximately $15.0 million) upon the achievement of certain conditions related primarily to the termination
of the use of the Morningstar brand by SBI Global Asset Management&#8217;s customers, which could be paid before the end of April.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We plan to
sell our remaining stake in SBI Global Asset Management over time, but not to immediately finance the remaining portion of the termination
payment.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>3.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Outside
                                            of the 8B yen consideration for MJKK, how much will this cost you in incremental spending
                                            for 2023? How much revenue do you generate in Japan currently both through Morningstar USA
                                            as an entity and through the wholly-owned subsidiary Ibbotson Associates Japan? How much
                                            are you currently spending in Japan in 2022 and what will you spend in 2023?&#160; How much
                                            in operating profits was MJKK to your financial results and what is the go forward implication?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Ibbotson
Associates Japan,&#160;Inc., our Japanese subsidiary, </span><span style="font-family: Arial, Helvetica, Sans-Serif">recorded
revenues of 726 million yen (roughly $5.5 million), operating expenses of approximately 576 million yen (roughly $4.4
million), and operating income of 150 million yen (roughly $1.1 million) for the year ended December&#160;31, 2022. This
information can be found in our publicly reported statutory accounts, prepared in accordance with local accounting standards, and
exclude internal allocations and transfer pricing assumptions and all activities related to Morningstar Sustainalytics, which are
housed in a separate entity.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Further investment
will be predicated on opportunities in the market and our assessment of the potential returns.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>4.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Outside
                                            of MJKK, do you have any additional joint ventures outside the US that you are planning to
                                            exit?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We do not
have any remaining joint ventures.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Operating
Margin</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>5.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>How
                                            much of your total operating expenses can be attributable to PitchBook? How much of the total
                                            operating expenses is attributable to Sustainalytics? How much did these two products each
                                            contribute to total operating expense growth in 2022?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We do not
disclose operating expenses or the contribution to expense growth by product. We&#8217;ve noted in other recently answered questions
that, based on certain cost allocation assumptions and estimates, PitchBook partially offset the decline in our overall adjusted operating
margins in 2022 relative to 2021 while Morningstar Sustainalytics contributed to the decline.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>6.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>How
                                            can investors get comfort around the investments and cost management will translate into
                                            future profit? Over the past two years cost growth has outstripped impressive revenue growth.
                                            Can the company give some insight into how management is thinking about cost development
                                            into 2023 and beyond?</b></span><b> <span style="font-family: Arial, Helvetica, Sans-Serif">What
                                            areas of expenses can management reduce in 2023 to offset headwinds from the macroeconomic
                                            environment? What impact will headcount reductions have on margins in 2023?</span></b></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">You are correct
that costs have increased faster than revenue since 2020. With approximately two-thirds of our total operating expense comprised of compensation
and benefits and other employee-related costs including commissions and stock-based compensation, the largest driver of higher expenses
over this period has been headcount. We added headcount in several key areas to build capabilities. Please see a related question in
this response for more detail on where we&#8217;ve focused on adding headcount.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">After significant
investments over the past few years, we believe we can maintain our planned growth across many areas of the business without an associated
expansion of headcount. We started to slow the rate of headcount growth last year and remain focused on this goal, which is the most
significant lever to slow expense growth over time. As of February&#160;28, 2023, our full-time, permanent headcount stood at 12,393
compared to 12,224 at year end and 9,556 in the prior year. The February&#160;2023 total included roughly 340 net additional positions
associated with the reduction and shift of our China activities as we hired replacement roles in other markets and continued to employ
certain Shenzhen-based staff through the transition period. This included an increase of more than 40 net positions in the first two
months of the year. We expect that transition to be completed by the end of the third quarter of 2023 with the elimination of duplicate
roles and an overall reduction in related headcount.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></p>

<!-- Field: Page; Sequence: 3 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We will continue
to see the impact on margins from 2022 hiring and our China transition for much of 2023. That said, we believe that we are on the right
path with a focus on growing revenues faster than expenses with a focus on improving our margin profile over time.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>7.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>What
                                            proportion of cost in a given year is one-off investment vs. ongoing investment into existing/new
                                            products? Is there any reason costs could be reduced and not impact revenues? What proportion
                                            of infrastructure cost increase in 2022 was one-off in nature vs. ongoing supplier usage/inflation
                                            increase? You&#8217;ve noted that certain investments have different time horizons given
                                            that and how far we are away from peak profit levels can you lay out the key investments
                                            you&#8217;ve made by size and what the return / time horizon should be for the largest ones?
                                            This way investors will have the ability to hold management accountable for their investments
                                            as they bear fruit.</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We provide
adjusted operating income and other non-GAAP measures to help investors understand the underlying performance of the business and improve
comparability of our results, adjusting for the impact of acquisitions and other unusual or non-routine items. Specifically, in 2022,
we added back costs associated with the reduction and shift of our China activities and costs related to M&amp;A activity in our calculation
of adjusted operating income.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Investment
levels vary from year to year, with some periods of higher investment to drive key initiatives or sustain high levels of growth. As we&#8217;ve
discussed in related responses, 2022 was a year of further investment. Those investments supported growth opportunities in product areas
including Morningstar Sustainalytics, PitchBook, Morningstar Wealth, and DBRS Morningstar, and were largely driven by increased headcount
that we expect to remain part of our ongoing cost structure.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Timing for
investments in these product areas is provided below, listed in order of headcount growth since 2020, which is one indicator of investment
scale:</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">In
                                            the case of Morningstar Sustainalytics, we&#8217;ve invested to build climate and impact
                                            data and research. We&#8217;ve started the rollout of our climate product suite, but it has
                                            not yet been fully commercialized and we plan to introduce impact metrics later this year.
                                            We expect those investments to start paying off in the near future.</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">Similarly,
                                            with PitchBook we expect returns over a fairly short time horizon as we expand and deepen
                                            the reach of our private and public data. This includes investment behind our LCD acquisition
                                            and the addition of sales resources to fuel growth.</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">We
                                            have not fully commercialized several key investments that we&#8217;ve made in Morningstar
                                            Wealth, including Direct Indexing, rolled out in 2022, the upcoming expansion of our TAMP
                                            to third party models, and the buildout of our international wealth platform. The timeline
                                            to realize the return on these investments is longer as we work to attract assets to our
                                            platforms, although we expect to start generating returns in 2023 and 2024. Longer term horizons
                                            here are consistent with AUM-based business models.</span></td></tr>
<tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif">In
                                            DBRS Morningstar, where the scale of investment has been smaller, our focus has largely been
                                            on building out our middle-market corporate ratings efforts in the U.S. and Europe. While
                                            it will take more time to scale and gain share here, we are already seeing strong progress
                                            given the increase in the number of ratings issued last year, with more than 110 new middle
                                            market ratings issued globally in 2022. We&#8217;ve also identified opportunities to redeploy
                                            resources from other parts of the business that are facing market headwinds.</span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>8.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Despite
                                            the challenges in the fourth quarter, organic growth was still positive year-over-year. What
                                            level of organic growth is required to drive operating leverage typically? When would you
                                            expect the current level of spending to recede such that more modest organic growth would
                                            allow for operating leverage? You said that you believe there is inherent leverage in the
                                            business, but we have yet to see that; at what point will shareholders start to see the benefits
                                            of operating leverage at Morningstar? Will it be possible to get leverage in a downturn or
                                            will negative operating leverage from weakness in transaction-based businesses such as DBRS
                                            Morningstar wipe out high incrementals in the license-based businesses? Please be specific.</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We were pleased
to report positive organic growth in the fourth quarter despite some of the market challenges. The diversity of our business and strength
of our license-based areas offset declines in DBRS Morningstar,&#160;Investment Management, and Workplace.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We do believe
that there is inherent leverage in the business. For some areas, like license-based data, software, and research revenue, leverage comes
with our ability to sell our capabilities broadly across multiple clients, geographies, and market segments. In asset-based areas, that
leverage comes as we grow accounts and assets across our platforms (wealth platforms, retirement managed accounts, and investable index
products). For DBRS Morningstar, leverage comes as we maximize ratings opportunities across existing and new asset classes.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">It is difficult
to see that leverage come through in more challenging market environments like we saw in 2022. That is due to the fixed-cost structure
in the areas that had revenue declines. Conversely, the rising market and healthy credit issuance environment in 2021 provided tailwinds.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We also recognize
that margins have not fully reflected potential operating leverage due to investments we&#8217;ve made to support attractive growth opportunities.
However, we are committed to increasing our aggregate margins over time and believe we can do that across our current mix of business
areas. As we have noted in other published responses, that will come as we work to increase revenue while decelerating expense growth.
We also believe that we can effectively mitigate some of the impact of negative operating leverage from reduced transaction-based activity,
although we acknowledge it does limit our ability to realize that leverage in the short-term.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></p>

<!-- Field: Page; Sequence: 4 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Professional
Fees</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>9.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Professional
                                            fees increased $28 million for full year 2022. How much of this can be classified as one-time,
                                            non-recurring expenses (such as the White&#160;&amp; Case report costs)? What were the legal
                                            costs associated with the White&#160;&amp; Case investigation report (Q2 2022 cited a $10
                                            million increase in professional fees so please break out all the legal costs that are one-time
                                            in nature)?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We provide
adjusted operating income and other non-GAAP measures to help investors understand the underlying performance of the business and improve
comparability of our results, adjusting for the impact of acquisitions and other unusual or non-routine items. In 2021 and 2022, $17.4
million and $17.1 million, respectively, in professional fees were related to M&amp;A activities and added back in our calculation of
adjusted operating income. In addition, in 2022, we also added back $4.6 million in professional fees related to the reduction and shift
of our China operations.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We do not
disclose fees paid to any specific service provider but would note that the legal fees associated with our ESG investigation were a meaningful
part of our underlying increase in professional fees for the year. Other larger items included third-party costs associated with software
development and technology improvements.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Revenue
Growth</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>10.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>The
                                            organic growth rate of license-based revenue has slowed from 3Q to 4Q, whereas the growth
                                            rate of deferred revenue and billings has accelerated in 4Q. Can you elaborate on what contributes
                                            to these opposite performances?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">From the third
quarter to the fourth quarter of 2022, the growth rate of deferred revenue was greater than organic revenue growth for the license-based
product areas. However, deferred revenue represents all product areas, not just our license-based product areas. Under our accounting
policies and the applicable U.S. GAAP, deferred revenue is recognized when we bill our customers or when we receive cash in advance of
the delivery of services. In addition, the timing of deferred revenue does not always match the timing of revenue recognition. In the
fourth quarter of 2022, the primary drivers of the increase in deferred revenue were billings for PitchBook (including LCD) and DBRS
Morningstar in the U.S.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Headcount</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>11.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Morningstar&#8217;s
                                            headcount was up 28% year-over-year. What were the biggest drivers of that increase, and
                                            what percentage was driven by organic growth? Please provide a breakdown of your full-time
                                            employees for PitchBook (ex-LCD), LCD, Morningstar Sustainalytics, and Morningstar Indexes
                                            (ex-LCD) for full-year 2022 and for full year 2021 on a quarterly basis. You made the comment
                                            in your press release, &#8220;we are slowing headcount growth except in our fastest growing
                                            product areas&#8221;. Can you provide some more color on which product areas you intend to
                                            slow headcount growth the most?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Headcount
increased from 9,556 employees as of December&#160;2021 to 12,224 employees as of December&#160;2022. During the year, we added roughly
200 headcount associated with our acquisitions of Praemium&#8217;s U.K. and international business and LCD, and we estimate that organic
headcount growth was approximately 26%. The December&#160;2022 total also included just under 300 net additional headcount related to
the reduction and shift of our China operations, which had grown to roughly 340 net additional headcount as of February&#160;2023. We
expect the headcount increase related to these activities to be temporary. Much of our remaining hiring was concentrated in areas where
we&#8217;re investing to drive growth, including Morningstar Sustainalytics, PitchBook, Wealth (including Investment Management) and
DBRS Morningstar. We do not provide detailed headcount time series for our product areas, but these areas, taken together with Morningstar
Indexes, were responsible for more than half of the total company headcount increase since 2020.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">As we noted
in a response in March, we are slowing our pace of hiring across the company, including in the areas noted in the response, which will
be evident in the rates of headcount growth each quarter.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>12.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Headcount
                                            has increased +26% YOY in Q3. What are your expectations for net new hires in 2023 in terms
                                            of headcount growth. How does that impact your cost profile? Organic headcount growth accelerated
                                            in Q3 and Q4 of 2022 and while you&#8217;ve said you will slow headcount growth, except in
                                            your fastest growing areas, are you open to the idea of reducing headcount given slowing
                                            revenue growth and deceleration across many business lines? When was the last time Morningstar
                                            significantly reduced headcount? Do you think the business is appropriately staffed today?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">As we noted
in the Q4 2022 release, we are taking a more cautious approach to managing the business. We are slowing our pace of hiring in 2023 relative
to the pace of hiring and investments we made across the business over the last two years. We also note that the implementation of the
reduction and shift of our China activities resulted in temporarily elevated hiring in 2022 and into early 2023. Outside of that transition,
we do not have any plans for broader reductions in headcount. We continuously evaluate our resource needs across the company and believe
our staffing levels are appropriate to support the business and consistent with our strategic and financial objectives.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></p>

<!-- Field: Page; Sequence: 5 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Compensation</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>13.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Please
                                            provide the dollar amount for compensation and benefits for the full year 2022 and for the
                                            full year 2021 on a quarterly basis.</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We do not
disclose the dollar amount of total compensation and benefits, or the components, in our financials or otherwise. As we&#8217;ve noted
previously, total compensation and benefits and related costs (including commissions and stock-based compensation) have historically
accounted for roughly two-thirds of operating expenses. This was true for 2021 and 2022.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Sales Process</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>14.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>With
                                            sales rep additions, is Morningstar adding density or expanding in new geographies?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">As we add
resources to our sales teams, we have expanded certain specialist teams, including those supporting Morningstar Indexes and Morningstar
Direct, and have also added sales development representatives to expand our capacity in lead qualification and demand generation. Some
of the new roles support growth objectives in specific geographies. We add resources when we see strong potential returns from adding
sales staff based on the opportunities we see in the market.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">In 2022, we
saw the most significant growth in the teams supporting PitchBook and Morningstar Sustainalytics. In these areas, we&#8217;ve seen growth
in our addressable markets, including outside of the U.S. That expansion supported our investments in new data sets such as private market
coverage in Europe and climate solutions globally.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><b>Product Pricing</b></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>15.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>What
is your best estimate for the impact of higher pricing (like for like price increase impact excluding mix) as a proportion of your organic
growth rate for full year 2022 (e.g., for 2021, price increase contributed what [x]% of the 17.6% total company organic revenue growth)?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">As we discussed
in a December&#160;2022 response, we&#8217;re focused on increasing prices where we&#8217;ve added the most value. At that time, we noted
that we were instituting price increases ranging from mid-single digits for certain license-based products to high-single-digits to low-double-digits
for other license-based products. That included a price increase for PitchBook instituted in mid-2022 and a price increase for Morningstar
Direct that was a noted driver of organic growth in the fourth quarter. Those increases are largely taking effect and having an impact
this year. In 2022, most of our organic growth in license-based product areas can be attributed to volume versus price.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Morningstar
Sustainalytics</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>16.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>What
                                            is the current revenue contribution of Climate (within Sustainalytics) in 2022? How much
                                            have you invested in 2022 in this effort from an expense/cost standpoint? How many full-time
                                            employees do you have dedicated to the Climate Risk Metrics product? How many of those FTEs
                                            are sales and marketing headcount? How large is the potential revenue opportunity for Climate
                                            Risk Metrics, given it is a new product launch? Could you please help quantify the total
                                            addressable market (number of potential customers and potential subscription price per customer)?
                                            Will this be a meaningful driver to Sustainalytics&#8217; organic growth in 2023? If not,
                                            how long do you think it will take before we see an increase in sales as a result of this
                                            product?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">During 2022,
we made significant investments in Morningstar Sustainalytics, which included hiring to support the development of new climate metrics.
In late 2022, we rolled out our physical climate risk metrics and we&#8217;re in the process of introducing our assessment of corporate
transition risk. Given that these products are new, they have not yet had a meaningful impact on revenue and, as a result, total revenue
attributable to climate was only a small contributor to Morningstar Sustainalytics&#8217; total revenue in 2022. We don&#8217;t disclose
expenses at the product area level. As of February&#160;2023, we had roughly 120 dedicated employees engaged in work related to our climate
product lineup, primarily in research and product development.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">The external
definitions of the market size for climate risk metrics vary widely. Our internal estimates size the market at more than $1 billion.
In addition, we&#8217;ve observed our larger clients invest heavily in climate specialists, scientists, and teams to help them comply
with expected regulations, while our institutional clients have been building teams to help their clients address commitments. We believe
this supports our assessment that climate represents a significant opportunity.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Our climate
solutions provide detailed asset-level data to assist with granular decision making. Our ratings are not only designed to flag risk or
commitments, but also will provide insights into the management structures that are in place to manage the necessary changes. We believe
that regulatory compliance and reporting will be the biggest drivers of initial adoption. Additionally, our offerings will help clients
measure and assess climate transition risk within portfolio companies while also allowing users to identify physical risks related to
real estate and infrastructure.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></p>

<!-- Field: Page; Sequence: 6 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We expect
our climate solutions product area to be a driver of organic growth starting in the second half of 2023 and over the long-term. We believe
our climate metrics will help us expand our footprint with existing clients in EMEA, expand segment opportunities globally (including
in insurance and banking) and facilitate geographic expansion in the Asia-Pacific region.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>17.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>What
                                            are your expectations for organic growth for Sustainalytics over 2023 &#8211; directionally
                                            higher (acceleration), lower (deceleration) compared to organic growth in 2022? Should we
                                            anticipate an acceleration on an organic basis relative to 2022 given the significant headcount
                                            and data investments made in 2022 and if not, what factors would lead to 2023 growth delta
                                            versus 2022 in your view? What does the current demand environment for Sustainalytics look
                                            like in 2023?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We expect
Morningstar Sustainalytics to remain a meaningful contributor to organic growth across the portfolio in 2023, but don&#8217;t give guidance
as to revenue growth. For Morningstar Sustainalytics&#8217; license-based products, we expect that growth will be driven by uptake of
our new physical risk and low carbon transition risk products and continued strong demand for EU taxonomy solutions. At a regional level,
in 2023, we expect continued growth in EMEA, as various regulatory requirements are implemented and projects that have taken a back seat
as clients focus on compliance come up for consideration again. In APAC, we expect the introduction of new climate metrics to improve
our competitive position and help to accelerate growth there as the market matures.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">The outlook
for green bond Second Party Opinions is less clear in the short run given the impact of recent market volatility on green bond issuance,
which continues to create headwinds as we start the year. We discuss our longer-term outlook and recent trends for that product in more
detail in a related response.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>18.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Please
                                            explain slowed growth in Sustainalytics, including contribution from second party opinion
                                            basis. Excluding second-party opinions, how much did Sustainalytics grow? You called out
                                            a slowdown in debt issuance weighing on second party opinions, but issuance has been declining
                                            for multiple quarters now. What changed in 4Q22? When do you expect a recovery in SPO businesses?
                                            How big is the second party opinion business within Sustainalytics &#8211; is that the main
                                            driver of the deceleration within that business in the fourth quarter? How are SPOs priced
                                            and what did transactions do in each quarter of 2022?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">The primary
driver of the slowdown in Morningstar Sustainalytics&#8217; growth in the fourth quarter was the revenue decline in our Second Party
Opinions (SPO) product area. According to Environmental Finance, the issuance of Green, Social, and Sustainability (GSS) bonds fell by
20% in 2022. We also experienced a modest decline in our market share during the year, although, according to Environmental Finance,
we remained the market leader with 24% of the global market. In 2023, we are focused on maintaining our strong position with underwriters
and continuing to innovate to maintain and grow market share.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Issuance of
GSS bonds picked up modestly in January&#160;2023, but has slowed again with recent market volatility. Revenue from our SPO product will
be driven largely by the broader market trend. Over the longer term, green bond issuance has generally grown at above-market rates, and
we&#8217;d expect that to continue.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">SPOs are included
in the corporate solutions product area, which accounted for roughly 20% of Morningstar Sustainalytics revenue in 2022, along with sales
of licenses to corporates to use our ESG ratings. SPOs, in turn, comprised roughly two-thirds of corporate solutions revenues and a little
under 15% of total Morningstar Sustainalytics revenue. We are paid a flat fee per transaction for SPOs, which is in line with market
practice. We don&#8217;t disclose transaction volume.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In
addition to the slowdown in SPOs, we did see some pressure in our investor solutions product area, which accounted for roughly 80% of
total Morningstar Sustainalytics revenue in 2022. Key drivers included sales capacity limitations given the challenging market for ESG
talent during the year. In response, </span><span style="font-family: Arial, Helvetica, Sans-Serif">we have taken steps to speed up hiring
and onboarding sales capacity.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>19.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Based
                                            on the 10-K, Sustainalytics' revenue renewal rate was 100% in 2022, which seems low given
                                            that many investors are adopting multiple ESG products. Is 100% revenue renewal rate the
                                            historical average for Sustainalytics? How many customers does Sustainalytics currently have
                                            and what percentage of their customers purchase more than one product?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Our calculation
of revenue renewal rates for the license-based products, including Morningstar Sustainalytics, includes the effect of price changes,
increasing client bases upon contract renewal, changes to the contract value upon renewal, and changes in the value of variable-fee contracts.
The 100% also reflects losses upon renewal, which is consistent with other Morningstar license-based products. Last year was the first
full year of organic contribution for Sustainalytics and the first year that we reported a revenue renewal rate for the product area.
In general, churn was lower than expected in our investor solutions product area. When clients opted not to renew, reasons varied and
included budgetary constraints and the decision to develop methodologies in-house or to use a competitor&#8217;s data.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></p>

<!-- Field: Page; Sequence: 7 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Morningstar
Sustainalytics&#8217; Investor product area has roughly 1100 clients and roughly half of these clients purchase more than one of Morningstar
Sustainalytics&#8217; products.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>20.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>In
                                            2019, MSCI&#8217;s ESG&#160;&amp; Climate segment had 24% EBITDA margins on $91 million in
                                            revenue. Sustainalytics appears to us to be unprofitable on an adjusted operating income
                                            basis based on disclosure from the initial filing and incremental operating expense spending
                                            in 2021 and 2022. Is that assumption correct?&#160;If so, at what level of sales would Sustainalytics
                                            break even? How much of an overall drag to consolidated adjusted operating profit margin is
                                            Sustainalytics?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">As you note,
our margins are impacted by more significant investment since the acquisitions in key areas, including ESG research (including climate),
data collection, technology, corporate ratings, and sales and marketing. In certain areas, like climate and impact (largely within data
collection), we are now beginning to commercialize the data and content we have built over the past two years.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">While we cannot
provide guidance on profitability or future margins, we do note that, based on certain cost allocation assumptions and estimates, Morningstar
Sustainalytics margins are below the corporate average and those of other Morningstar license-based products. That said, we believe that
the market for our products and services remains significant and growing, and that we have meaningful opportunities to increase profitability
and margins over time.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">You also note
MSCI&#8217;s ESG&#160;&amp; Climate segment margins. While we cannot speculate on how those are derived (including internal cost allocation
methodologies), we would note there are certain differences in our ESG product portfolio vs. MSCI&#8217;s. In particular, MSCI has an
established climate product suite, which was largely built through acquisition. We are building our climate suite organically, which
is pressuring current margins, and have just started to roll out our offering in this space. Meanwhile, MSCI does not to our knowledge
rate green bonds.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Morningstar
Wealth</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>21.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>What
                                            is the current revenue contribution of &#8220;direct indexing&#8221; in 2022? How much have
                                            you invested in 2022 in this effort from an expense/cost standpoint?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Direct Indexing
is still a very new product and, as a result, associated revenue is minimal. We do not disclose expenses for individual products or product
areas.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>22.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Investment
                                            management has been cited as an area of investment. In addition to the revenue decline in
                                            2022 from the market, how much has Morningstar incrementally invested/spent in Investment
                                            Management on a year-over-year basis? How much of a drag was asset-based revenues to overall
                                            Morningstar profit margins?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We do not
disclose expenses at the product area level. As we have discussed, we have made significant investments in Investment Management and
our broader wealth strategy in both the US and UK. That has come organically in expansion of our TAMP and the launch of Direct Indexing,
as well as inorganically through our acquisition of Praemium&#8217;s U.K. and international business. All told,&#160;Investment Management,
based on certain cost allocation assumptions and estimates, contributed to the decline in our adjusted operating margins in 2022 relative
to 2021. We focused on costs across this business area last year given the challenging market conditions. However, we prioritized and
continued to pursue key initiatives here in a prudent way given the long-term potential we see for our products and services in the broader
wealth market. That, along with declines in revenue due to lower AUM, had negative impacts on margin in 2022.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Workplace
Solutions</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>23.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Workplace
                                            has been cited as a highly profitable business. Revenues were roughly flat in 2022 versus
                                            2021. How did profitability compare in 2022 versus 2021 for Workplace?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Based on certain
costs allocation assumptions and estimates, Workplace contributed to the decline in our adjusted operating margin between in 2022 and
2021. While we managed costs aggressively in this area last year due to market conditions, margins were directly impacted by the decline
in Workplace revenue in 2022.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Acquisitions and Equity Investments</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>24.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Can
                                            you discuss the performance of recent acquisitions and equity investments: Praemium, Moorgate
                                            Benchmarks and SMArtX?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Praemium</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">The acquisition
and integration of Praemium&#8217;s U.K. and International businesses is going well and performing as expected. We have rebranded the
businesses to Morningstar Wealth Platform and Wealthcraft, a Morningstar company. Technology and data were successfully migrated to Morningstar
without any client disruption or service degradation. Distribution teams are working closely together on cross-selling activity, which
has generated incremental sales growth across Wealth Platform and Investment Management offerings. Employees that support Smart Investment
Management, which manages a range of multi-asset portfolios, have also aligned with Morningstar&#8217;s Investment Management team. Work
is now underway to harmonize investment management offerings. We remain optimistic about the potential to deliver more value for advisors
globally with our integrated offerings.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></p>

<!-- Field: Page; Sequence: 8 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><b>Moorgate
</b></span><b><span style="font-family: Arial, Helvetica, Sans-Serif">Benchmarks</span></b></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">We are also
pleased with our progress with Moorgate. In addition to expanding our EMEA-based Indexes team, Moorgate Benchmarks has enabled us to
be more competitive and bring on some notable new clients in the growing structured products market. We&#8217;ve made the strategic decision
to accelerate the integration of Moorgate with our primary calculation platform. We expect this integration to be completed by year end,
which will yield richer data sets, enhanced capabilities, better timeliness and accuracy, and an overall improved client experience.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">One area that
has underperformed our expectations is the Index Services offerings coming out of the acquisition. We are slightly behind our initial
targets due to our near-term focus on operations and technology, as well as execution missteps. We&#8217;ve restructured the team and
refocused activities to better serve our clients and drive future growth.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>SMArtX</b></span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">In addition
to our previously announced strategic relationship with SMArtX, we also forged a commercial relationship to leverage their managed account
technology for our US Wealth Platform, offering unified managed account and systematic capabilities such as automated rebalancing. Together,
we moved 60,000+ accounts off a legacy provider to SMArtX according to our committed timelines. SMArtX is helping us accelerate efforts
to modernize the US Wealth Platform&#8217;s technology stack and offer more choice and flexibility to the advisors we serve. SMArtX has
been a great partner and a good example of how we can build strategic relationships and leverage external partners for important capabilities
in our business going forward.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><b>Total Return for MORN</b></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></td><td style="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>25.</b></span></td><td style="font-family: Arial, Helvetica, Sans-Serif"><span style="font-family: Arial, Helvetica, Sans-Serif"><b>Morningstar&#8217;s
                                            stock has underperformed many of its closest peers on a one and three-year basis &#8211;
                                            what do you think are the main drivers of the stock&#8217;s underperformance and what actions
                                            if any are you taking to change that?</b></span></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">Our stock
has underperformed the peer group we closely track and report in our annual report over the past year but is ahead over the three
years and five years ended March&#160;30, 2023. While we cannot comment or speculate on drivers of our stock price performance, we have
noted and acknowledged that both return on invested capital and adjusted operating margins have declined lately despite our top line
growth. Our focus is on value creation and ensuring that the strategies we are pursuing will generate sustainable growth, margin improvement,
and attractive returns for shareholders. We are a competitive bunch, and as owners of the company, our goal is to outperform over long-term
periods, and we certainly feel the pain when our shareholders do.</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></p>

<!-- Field: Page; Sequence: 9 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><span style="font-family: Arial, Helvetica, Sans-Serif">&#160;</span></p>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><b>SIGNATURES</b></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</p>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</span></td><td colspan="2"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">MORNINGSTAR,&#160;INC.</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font: 10pt Arial, Helvetica, Sans-Serif; width: 50%; text-align: left"></td><td style="width: 3%"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</span></td>
    <td style="text-align: left; width: 47%"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</span></td><td><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">By:</span></td>
    <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/
    Jason Dubinsky</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Date:
    April 14, 2023</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Jason
    Dubinsky</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</span></td><td><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</span></td>
    <td style="text-align: left"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Chief Financial Officer</span></td></tr>
  </table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"></span></p>

<!-- Field: Page; Sequence: 8; Options: Last -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0in"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#160;</span></p>

</body>
</html>
<!-- Field: Set; Name: xdx; ID: xdx_08B_extensions -->
<!-- eJxFjV0KwjAQhE/QOyx5ltoUFe2jRYtYRYqIr7FdJdhmyyb+HclbGlvEZWFZZr4ZIQYio6WukeE4L3LYY9PWyiEUeEZGU6J3pKt1Av4WeNHWsTKue39gSp5Bz4zD6FR6obPetcUqgWg6lJOhnIGMk1EMu40IvnpK5qwrNE6rGpSpYMfUskan+NUn7NWTDDWvruqAbDWZBGQY9fIb4kjGsKW7ehBfLeR5KoJBN4HImG7tt+ZmHTWwqLHxXbZH/xt8AD39SYI= -->
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>2
<FILENAME>morn-20230414.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" ?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.18a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
    <!-- Field: Doc-Info; Name: Misc; Value: +aA5w7xRiXgen8uLa3ZcWaSIWbOdzZR+iYkxtmB+bWnqryAj6aSGtSnRYS9mgRcH -->
<schema xmlns="http://www.w3.org/2001/XMLSchema" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2021q4" xmlns:us-gaap="http://fasb.org/us-gaap/2021-01-31" xmlns:srt="http://fasb.org/srt/2021-01-31" xmlns:srt-types="http://fasb.org/srt-types/2021-01-31" xmlns:morn="http://morningstar.com/20230414" elementFormDefault="qualified" targetNamespace="http://morningstar.com/20230414">
    <annotation>
      <appinfo>
	<link:roleType roleURI="http://morningstar.com/role/Cover" id="Cover">
	  <link:definition>00000001 - Document - Cover</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:linkbaseRef xlink:type="simple" xlink:href="morn-20230414_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Presentation Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="morn-20230414_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Label Links" />
      </appinfo>
    </annotation>
    <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
    <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
    <import namespace="http://xbrl.sec.gov/dei/2021q4" schemaLocation="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd" />
    <import namespace="http://fasb.org/us-gaap/2021-01-31" schemaLocation="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd" />
    <import namespace="http://fasb.org/us-types/2021-01-31" schemaLocation="https://xbrl.fasb.org/us-gaap/2021/elts/us-types-2021-01-31.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/2020-01-21" schemaLocation="https://www.xbrl.org/dtr/type/2020-01-21/types.xsd" />
    <import namespace="http://xbrl.sec.gov/country/2021" schemaLocation="https://xbrl.sec.gov/country/2021/country-2021.xsd" />
    <import namespace="http://fasb.org/srt/2021-01-31" schemaLocation="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd" />
    <import namespace="http://fasb.org/srt-types/2021-01-31" schemaLocation="https://xbrl.fasb.org/srt/2021/elts/srt-types-2021-01-31.xsd" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>3
<FILENAME>morn-20230414_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.18a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CoverAbstract_lbl" xml:lang="en-US">Cover [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US">Amendment Description</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US">Document Registration Statement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US">Document Annual Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US">Document Quarterly Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US">Document Transition Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US">Document Shell Company Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US">Document Shell Company Event Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US">Document Period Start Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US">Entity Bankruptcy Proceedings, Reporting Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US">Documents Incorporated by Reference [Text Block]</link:label>
    </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>4
<FILENAME>morn-20230414_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.18a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://morningstar.com/role/Cover" xlink:href="morn-20230414.xsd#Cover" xlink:type="simple" />
    <link:presentationLink xlink:type="extended" xlink:role="http://morningstar.com/role/Cover" xlink:title="00000001 - Document - Cover">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CoverAbstract" xlink:label="loc_deiCoverAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentType" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AmendmentDescription" xlink:label="loc_deiAmendmentDescription" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentRegistrationStatement" xlink:label="loc_deiDocumentRegistrationStatement" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentRegistrationStatement" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentAnnualReport" xlink:label="loc_deiDocumentAnnualReport" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAnnualReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentQuarterlyReport" xlink:label="loc_deiDocumentQuarterlyReport" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentQuarterlyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentTransitionReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentShellCompanyReport" xlink:label="loc_deiDocumentShellCompanyReport" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentShellCompanyEventDate" xlink:label="loc_deiDocumentShellCompanyEventDate" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyEventDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentPeriodStartDate" xlink:label="loc_deiDocumentPeriodStartDate" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodStartDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalPeriodFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalYearFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCurrentFiscalYearEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityFileNumber" xlink:label="loc_deiEntityFileNumber" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFileNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityRegistrantName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCentralIndexKey" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityPrimarySicNumber" xlink:label="loc_deiEntityPrimarySicNumber" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPrimarySicNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_deiEntityTaxIdentificationNumber" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityTaxIdentificationNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityIncorporationStateCountryCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_deiEntityAddressAddressLine1" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_deiEntityAddressAddressLine2" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine3" xlink:label="loc_deiEntityAddressAddressLine3" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine3" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_deiEntityAddressCityOrTown" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCityOrTown" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_deiEntityAddressStateOrProvince" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressStateOrProvince" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCountry" xlink:label="loc_deiEntityAddressCountry" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCountry" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_deiEntityAddressPostalZipCode" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressPostalZipCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CountryRegion" xlink:label="loc_deiCountryRegion" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCountryRegion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CityAreaCode" xlink:label="loc_deiCityAreaCode" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCityAreaCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_LocalPhoneNumber" xlink:label="loc_deiLocalPhoneNumber" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiLocalPhoneNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Extension" xlink:label="loc_deiExtension" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiExtension" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_WrittenCommunications" xlink:label="loc_deiWrittenCommunications" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiWrittenCommunications" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SolicitingMaterial" xlink:label="loc_deiSolicitingMaterial" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSolicitingMaterial" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_deiPreCommencementTenderOffer" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_deiPreCommencementIssuerTenderOffer" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementIssuerTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Security12bTitle" xlink:label="loc_deiSecurity12bTitle" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12bTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_NoTradingSymbolFlag" xlink:label="loc_deiNoTradingSymbolFlag" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiNoTradingSymbolFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol" />
      <link:presentationArc order="370" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiTradingSymbol" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SecurityExchangeName" xlink:label="loc_deiSecurityExchangeName" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityExchangeName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Security12gTitle" xlink:label="loc_deiSecurity12gTitle" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12gTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SecurityReportingObligation" xlink:label="loc_deiSecurityReportingObligation" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityReportingObligation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AnnualInformationForm" xlink:label="loc_deiAnnualInformationForm" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAnnualInformationForm" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="loc_deiAuditedAnnualFinancialStatements" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAuditedAnnualFinancialStatements" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer" />
      <link:presentationArc order="430" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityWellKnownSeasonedIssuer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers" />
      <link:presentationArc order="440" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityVoluntaryFilers" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCurrentReportingStatus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent" />
      <link:presentationArc order="460" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityInteractiveDataCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFilerCategory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntitySmallBusiness" xlink:label="loc_deiEntitySmallBusiness" />
      <link:presentationArc order="480" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntitySmallBusiness" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany" />
      <link:presentationArc order="490" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityEmergingGrowthCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityExTransitionPeriod" xlink:label="loc_deiEntityExTransitionPeriod" />
      <link:presentationArc order="500" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityExTransitionPeriod" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentAccountingStandard" xlink:label="loc_deiDocumentAccountingStandard" />
      <link:presentationArc order="510" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAccountingStandard" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_OtherReportingStandardItemNumber" xlink:label="loc_deiOtherReportingStandardItemNumber" />
      <link:presentationArc order="520" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiOtherReportingStandardItemNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany" />
      <link:presentationArc order="530" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityShellCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat" />
      <link:presentationArc order="540" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPublicFloat" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="loc_deiEntityBankruptcyProceedingsReportingCurrent" />
      <link:presentationArc order="550" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityBankruptcyProceedingsReportingCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding" />
      <link:presentationArc order="560" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCommonStockSharesOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="loc_deiDocumentsIncorporatedByReferenceTextBlock" />
      <link:presentationArc order="570" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentsIncorporatedByReferenceTextBlock" xlink:type="arc" />
    </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>5
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.23.1</span><table class="report" border="0" cellspacing="2" id="idm140565858045232">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Apr. 14, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Apr. 14,  2023<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">000-51280<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">MORNINGSTAR,
INC.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001289419<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">36-3297908<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">IL<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">22
    West Washington Street<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Chicago<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">IL<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">60602<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">312<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">696-6000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common
    stock, no par value<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">MORN<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>6
<FILENAME>tm2312811d1_8k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2021q4"
  xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="morn-20230414.xsd" xlink:type="simple"/>
    <context id="From2023-04-14to2023-04-14">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001289419</identifier>
        </entity>
        <period>
            <startDate>2023-04-14</startDate>
            <endDate>2023-04-14</endDate>
        </period>
    </context>
    <unit id="USD">
        <measure>iso4217:USD</measure>
    </unit>
    <unit id="Shares">
        <measure>shares</measure>
    </unit>
    <unit id="USDPShares">
        <divide>
            <unitNumerator>
                <measure>iso4217:USD</measure>
            </unitNumerator>
            <unitDenominator>
                <measure>shares</measure>
            </unitDenominator>
        </divide>
    </unit>
    <dei:EntityCentralIndexKey contextRef="From2023-04-14to2023-04-14">0001289419</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag contextRef="From2023-04-14to2023-04-14">false</dei:AmendmentFlag>
    <dei:DocumentType contextRef="From2023-04-14to2023-04-14">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="From2023-04-14to2023-04-14">2023-04-14</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="From2023-04-14to2023-04-14">MORNINGSTAR, INC.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="From2023-04-14to2023-04-14">IL</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="From2023-04-14to2023-04-14">000-51280</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="From2023-04-14to2023-04-14">36-3297908</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="From2023-04-14to2023-04-14">22     West Washington Street</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown contextRef="From2023-04-14to2023-04-14">Chicago</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="From2023-04-14to2023-04-14">IL</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="From2023-04-14to2023-04-14">60602</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="From2023-04-14to2023-04-14">312</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="From2023-04-14to2023-04-14">696-6000</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="From2023-04-14to2023-04-14">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="From2023-04-14to2023-04-14">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="From2023-04-14to2023-04-14">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="From2023-04-14to2023-04-14">false</dei:PreCommencementIssuerTenderOffer>
    <dei:EntityEmergingGrowthCompany contextRef="From2023-04-14to2023-04-14">false</dei:EntityEmergingGrowthCompany>
    <dei:Security12bTitle contextRef="From2023-04-14to2023-04-14">Common     stock, no par value</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="From2023-04-14to2023-04-14">MORN</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="From2023-04-14to2023-04-14">NASDAQ</dei:SecurityExchangeName>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>7
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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M=]W3CHG&K=!X#;[Q3X?#KHG&J]!TZVDF)_VN:Z3I%FA"1N/K>A(5M>5 TR
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M!Z.:60F]A%9JGZJ'-#ZH'C(*!?&Y'C[E>G@*-Y;&O%"N@GL!_]':-\*K^(+
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MU4#E/]O4#6CV#30<D05>,9FV-J/D3@H\W/[O#;#"Q([A[8N_ 5!+ P04
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M#RP/9'I;K?%NXQ/R^AQ@/7UM0K"=XI.([12O-2#QNH%'GL>[C>4!#ZP+V.Q
M_G@>F*FX3YI"5S%NV G&D3S'$)C%^(QF&5*=##[Q_F"G)$WS/(X %F>0IA@"
MIQ%', ;  4/2='@//GL?)=-[*CG_5U/\!%!+ P04    "  9@HY6EXJ[',
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MZ8Y>9WK_,'G4'EKG5LJ]AU>RY1AQ_)[E#U!+ P04    "  9@HY6)!Z;HJT
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M2P$"% ,4    "  9@HY6!T%-8H$   "Q    $               @ $
M9&]C4')O<',O87!P+GAM;%!+ 0(4 Q0    ( !F"CE;EK:=U[P   "L"   1
M              "  :\   !D;V-0<F]P<R]C;W)E+GAM;%!+ 0(4 Q0    (
M !F"CE:97)PC$ 8  )PG   3              "  <T!  !X;"]T:&5M92]T
M:&5M93$N>&UL4$L! A0#%     @ &8*.5O/:4$]$!   >!   !@
M     ("!#@@  'AL+W=O<FMS:&5E=',O<VAE970Q+GAM;%!+ 0(4 Q0    (
M !F"CE:?H!OPL0(  .(,   -              "  8@,  !X;"]S='EL97,N
M>&UL4$L! A0#%     @ &8*.5I>*NQS     $P(   L              ( !
M9 \  %]R96QS+RYR96QS4$L! A0#%     @ &8*.5JK$(A8S 0  (@(   \
M             ( !31   'AL+W=O<FMB;V]K+GAM;%!+ 0(4 Q0    ( !F"
MCE8D'INBK0   /@!   :              "  :T1  !X;"]?<F5L<R]W;W)K
M8F]O:RYX;6PN<F5L<U!+ 0(4 Q0    ( !F"CE9ED'F2&0$  ,\#   3
M          "  9(2  !;0V]N=&5N=%]4>7!E<UTN>&UL4$L%!@     )  D
*/@(  -P3      $!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>8
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.23.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>22</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>3</UnitCount>
  <MyReports>
    <Report instance="tm2312811d1_8k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>00000001 - Document - Cover</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://morningstar.com/role/Cover</Role>
      <ShortName>Cover</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" original="tm2312811d1_8k.htm">tm2312811d1_8k.htm</File>
    <File>morn-20230414.xsd</File>
    <File>morn-20230414_lab.xml</File>
    <File>morn-20230414_pre.xml</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="22">http://xbrl.sec.gov/dei/2021q4</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>12
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "tm2312811d1_8k.htm": {
   "axisCustom": 0,
   "axisStandard": 0,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/dei/2021q4": 22
   },
   "contextCount": 1,
   "dts": {
    "inline": {
     "local": [
      "tm2312811d1_8k.htm"
     ]
    },
    "labelLink": {
     "local": [
      "morn-20230414_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "morn-20230414_pre.xml"
     ]
    },
    "schema": {
     "local": [
      "morn-20230414.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd",
      "https://xbrl.fasb.org/srt/2021/elts/srt-roles-2021-01-31.xsd",
      "https://xbrl.fasb.org/srt/2021/elts/srt-types-2021-01-31.xsd",
      "https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd",
      "https://xbrl.fasb.org/us-gaap/2021/elts/us-roles-2021-01-31.xsd",
      "https://xbrl.fasb.org/us-gaap/2021/elts/us-types-2021-01-31.xsd",
      "https://xbrl.sec.gov/country/2021/country-2021.xsd",
      "https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd"
     ]
    }
   },
   "elementCount": 59,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2021q4": 2,
    "total": 2
   },
   "keyCustom": 0,
   "keyStandard": 22,
   "memberCustom": 0,
   "memberStandard": 0,
   "nsprefix": "morn",
   "nsuri": "http://morningstar.com/20230414",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "b",
       "span",
       "p",
       "body",
       "html"
      ],
      "baseRef": "tm2312811d1_8k.htm",
      "contextRef": "From2023-04-14to2023-04-14",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "00000001 - Document - Cover",
     "menuCat": "Cover",
     "order": "1",
     "role": "http://morningstar.com/role/Cover",
     "shortName": "Cover",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "b",
       "span",
       "p",
       "body",
       "html"
      ],
      "baseRef": "tm2312811d1_8k.htm",
      "contextRef": "From2023-04-14to2023-04-14",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 0,
   "tag": {
    "dei_AmendmentDescription": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Description of changes contained within amended document.",
        "label": "Amendment Description"
       }
      }
     },
     "localname": "AmendmentDescription",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AnnualInformationForm": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.",
        "label": "Annual Information Form"
       }
      }
     },
     "localname": "AnnualInformationForm",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AuditedAnnualFinancialStatements": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.",
        "label": "Audited Annual Financial Statements"
       }
      }
     },
     "localname": "AuditedAnnualFinancialStatements",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CountryRegion": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Region code of country",
        "label": "Country Region"
       }
      }
     },
     "localname": "CountryRegion",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "xbrltype": "stringItemType"
    },
    "dei_CurrentFiscalYearEndDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "End date of current fiscal year in the format --MM-DD.",
        "label": "Current Fiscal Year End Date"
       }
      }
     },
     "localname": "CurrentFiscalYearEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "gMonthDayItemType"
    },
    "dei_DocumentAccountingStandard": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.",
        "label": "Document Accounting Standard"
       }
      }
     },
     "localname": "DocumentAccountingStandard",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "accountingStandardItemType"
    },
    "dei_DocumentAnnualReport": {
     "auth_ref": [
      "r11",
      "r13",
      "r14"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an annual report.",
        "label": "Document Annual Report"
       }
      }
     },
     "localname": "DocumentAnnualReport",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentFiscalPeriodFocus": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Fiscal period values are FY, Q1, Q2, and Q3.  1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.",
        "label": "Document Fiscal Period Focus"
       }
      }
     },
     "localname": "DocumentFiscalPeriodFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "fiscalPeriodItemType"
    },
    "dei_DocumentFiscalYearFocus": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.",
        "label": "Document Fiscal Year Focus"
       }
      }
     },
     "localname": "DocumentFiscalYearFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "gYearItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.",
        "label": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentPeriodStartDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format.",
        "label": "Document Period Start Date"
       }
      }
     },
     "localname": "DocumentPeriodStartDate",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentQuarterlyReport": {
     "auth_ref": [
      "r12"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an quarterly report.",
        "label": "Document Quarterly Report"
       }
      }
     },
     "localname": "DocumentQuarterlyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentRegistrationStatement": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a registration statement.",
        "label": "Document Registration Statement"
       }
      }
     },
     "localname": "DocumentRegistrationStatement",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentShellCompanyEventDate": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Date of event requiring a shell company report.",
        "label": "Document Shell Company Event Date"
       }
      }
     },
     "localname": "DocumentShellCompanyEventDate",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentShellCompanyReport": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.",
        "label": "Document Shell Company Report"
       }
      }
     },
     "localname": "DocumentShellCompanyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentTransitionReport": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a transition report.",
        "label": "Document Transition Report"
       }
      }
     },
     "localname": "DocumentTransitionReport",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_DocumentsIncorporatedByReferenceTextBlock": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Documents incorporated by reference.",
        "label": "Documents Incorporated by Reference [Text Block]"
       }
      }
     },
     "localname": "DocumentsIncorporatedByReferenceTextBlock",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "textBlockItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine2": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 2 such as Street or Suite number",
        "label": "Entity Address, Address Line Two"
       }
      }
     },
     "localname": "EntityAddressAddressLine2",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine3": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 3 such as an Office Park",
        "label": "Entity Address, Address Line Three"
       }
      }
     },
     "localname": "EntityAddressAddressLine3",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCountry": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "ISO 3166-1 alpha-2 country code.",
        "label": "Entity Address, Country"
       }
      }
     },
     "localname": "EntityAddressCountry",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "countryCodeItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityBankruptcyProceedingsReportingCurrent": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not.  Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.",
        "label": "Entity Bankruptcy Proceedings, Reporting Current"
       }
      }
     },
     "localname": "EntityBankruptcyProceedingsReportingCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityCommonStockSharesOutstanding": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.",
        "label": "Entity Common Stock, Shares Outstanding"
       }
      }
     },
     "localname": "EntityCommonStockSharesOutstanding",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "sharesItemType"
    },
    "dei_EntityCurrentReportingStatus": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Current Reporting Status"
       }
      }
     },
     "localname": "EntityCurrentReportingStatus",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityExTransitionPeriod": {
     "auth_ref": [
      "r19"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.",
        "label": "Elected Not To Use the Extended Transition Period"
       }
      }
     },
     "localname": "EntityExTransitionPeriod",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityFilerCategory": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Filer Category"
       }
      }
     },
     "localname": "EntityFilerCategory",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "filerCategoryItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityInteractiveDataCurrent": {
     "auth_ref": [
      "r16"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).",
        "label": "Entity Interactive Data Current"
       }
      }
     },
     "localname": "EntityInteractiveDataCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityPrimarySicNumber": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.",
        "label": "Entity Primary SIC Number"
       }
      }
     },
     "localname": "EntityPrimarySicNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "sicNumberItemType"
    },
    "dei_EntityPublicFloat": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.",
        "label": "Entity Public Float"
       }
      }
     },
     "localname": "EntityPublicFloat",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "monetaryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityShellCompany": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.",
        "label": "Entity Shell Company"
       }
      }
     },
     "localname": "EntityShellCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntitySmallBusiness": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).",
        "label": "Entity Small Business"
       }
      }
     },
     "localname": "EntitySmallBusiness",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_EntityVoluntaryFilers": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.",
        "label": "Entity Voluntary Filers"
       }
      }
     },
     "localname": "EntityVoluntaryFilers",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityWellKnownSeasonedIssuer": {
     "auth_ref": [
      "r17"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.",
        "label": "Entity Well-known Seasoned Issuer"
       }
      }
     },
     "localname": "EntityWellKnownSeasonedIssuer",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_Extension": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Extension number for local phone number.",
        "label": "Extension"
       }
      }
     },
     "localname": "Extension",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_NoTradingSymbolFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a security having no trading symbol.",
        "label": "No Trading Symbol Flag"
       }
      }
     },
     "localname": "NoTradingSymbolFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "trueItemType"
    },
    "dei_OtherReportingStandardItemNumber": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.",
        "label": "Other Reporting Standard Item Number"
       }
      }
     },
     "localname": "OtherReportingStandardItemNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "otherReportingStandardItemNumberItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r7"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r8"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_Security12gTitle": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(g) registered security.",
        "label": "Title of 12(g) Security"
       }
      }
     },
     "localname": "Security12gTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SecurityReportingObligation": {
     "auth_ref": [
      "r9"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.",
        "label": "Security Reporting Obligation"
       }
      }
     },
     "localname": "SecurityReportingObligation",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "securityReportingObligationItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r18"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2021q4",
     "presentation": [
      "http://morningstar.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    }
   },
   "unitCount": 3
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r10": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r11": {
   "Name": "Form 10-K",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "310",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r12": {
   "Name": "Form 10-Q",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "308",
   "Subsection": "a",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r13": {
   "Name": "Form 20-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "220",
   "Subsection": "f",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r14": {
   "Name": "Form 40-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "240",
   "Subsection": "f",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r15": {
   "Name": "Forms 10-K, 10-Q, 20-F",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13",
   "Subsection": "a-1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r16": {
   "Name": "Regulation S-T",
   "Number": "232",
   "Publisher": "SEC",
   "Section": "405",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r17": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "405",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r18": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r19": {
   "Name": "Securities Act",
   "Number": "7A",
   "Publisher": "SEC",
   "Section": "B",
   "Subsection": "2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-23",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r5": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "g",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r6": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12, 13, 15d",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r7": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r8": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r9": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "15",
   "Subsection": "d",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  }
 },
 "version": "2.2"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>13
<FILENAME>0001104659-23-045595-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001104659-23-045595-xbrl.zip
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M]OY=8E=@]!O6@,#*($#IM6<"(P/&42T"%2$HC_&/SCQ--T2\"2!+B">,0/,
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M'0;7G>YD[';Q>$:<(RLH;Y34T"<*@>\G.5;$[20<K=.)Y/ZM*I6&4,HHB6!
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MZ[@L\'@PO2D#+460',-'4YRG&KP:_2QX7?WX)*T\%2OD"!L&(H[SH?(YEUN
M-P_"F#!!L3=1^3@)DB@9B4<4A+!Y,07OYSKB+W5T5'&'XK^Y81?!/)']'9B0
M\ATQBH_3SH$ZSN>WV"@N@8WQ#BU<(^'9(B02[E%:</AOQ]NWU>PM_#$7IA<9
M=5GBN>"9$IGDA_/[,(J%4"NZO%775,+ P:I3"8A9R[RJ4W@(:B&)Z/Y66/1,
M.$4JV(T*Y8%<+3_W,4&7*2QK;Y776PW&,<[.W,OFX(Y.Z";#U,_R%&:BP/1+
MYD=X;T:RPKU;WM ?H*2'JN33VE+\81$/=$4!OC5#=2BA@B1%L(' 08'-H_R)
M.*:.##"E8J;,:UD0A:P,E7#Z46:6!V>+EV5E-,B**;0?^X]?_?+BQ0T([*RK
M3&]2(+S_N-M9H!G\6R/:,(3?DZ)I GC P"XPMA*LS.920.0Q !-):Z$Y'@E1
M.,#8$P8CL+R?X(9$^H';"8]'3"'[;&II?&+3BB[.83.E,5=R/?$.$P+#AEB/
M/K,G]C3#_Q @FT[:["XH=8H!\!GUBP^S^,0[P8-I CMIWK"FBR)%"JE58I@>
M"DV2K4S_(@0:,3O#L<:!/F=ZTM27H#[;)#ANO!V<6CJUU3#MP#%'7H<96"0P
MCF2&U/99T8=Y",$F1]E;YP(N9],FW.2!N*XW-V;C.;$>J '172="X@,KC":"
M:0_LC54T12O1L1LS)+3I@S\]8BH;4X<B\9UQ.)4]8N-3+)G>BPYLFMNX=^[\
M'SKY-S?J=EB@C>ON@P?W6]@*@8Q0(C@DCA'XRO<^)O /#W&X2--!3SQ-AOE3
M/_Z$OR6*$=ZFQX+_]5.0H3G\)]/&.1@9,$?$+--7\T2*@M]W3CMDM#)YQRP!
MT\<$P1>?7!F>3YSC;"]UO/?260,FUS&J<%Q@#3+!^13L&3,-FQM4MP,OX$P?
M>H^!/V=?$)L:XZ:"O9#29,,5GQ!.XYT^/?:><YYY'PN!O%<6)'V;F_7"!-#T
M$PP:NY6>D]T)'W>W?T"_4[S-S8V,GN.AQR$:D= P^EDX3_R.UOZ2*B>>)E:I
M]/94L=?"NP_1&X5/ I4-P* G+J8HF:T-M^7A"\DQ1?/-#0T16 3H\?::IK"8
M*=S6+ )>>=P'RR:#)0292 ;8FS:3ZV\?[_]R!R$#8,X3NHK!"-ACI*QQ'5%D
M[BL_GN/^Y8? 74@RM8+P09HG(6YAE$$1'.W^NJ6<F7FB^-<U-<7F6HW7$M6$
M(DIRI9C[?P)N$UX2>[TMV>.VJ8V9 B*7((6 UB5E/B2FNO\+9L# MW*UUB'Y
M:ZW29\=8VHQ#5Y\+PL!9UXKW SM%_"UY7VOI7B;=3)]6,KVD_XRZV/0BAIW2
MLM#*VJT0FIHA.+TBJ@I)DXCB*<S5PRK9.=:P3K1-7%9]%:MAB#A]EDY"Y)"F
M[B/J?XRL2($C75-L+H$A'J/@Z3G"GR0D67 =C8RB$J(W47SI5XGMEV&2QQUO
M?P ^M;CS'..@LPWFA^Y$"A7_*&(E^=BM7J]E'V-2;[*+[1;YY>1WK]?:VMH"
MJS.,(M'O%L$VAK=1?-#@.0)>^CY/V.;&%,\^37#$WU)H P\!. DC6,<11E=5
M1*N!M3KM(:P?!1[3@L):+<. U<<7ROPS,F%Y ;,B15H$)U[V<S)3%!!Q)W%S
M8X2/C$T%D($@9QK&.4DX;>[!*3DD5B?[ADZ5!BR6EL-489VO5EG"1(/A+[QA
MPK4>$O;#8Q!TE!_G<,+:IDG\*)";2+%Q09PA)(=)DH."QAY.6D@QR4W44D8Y
M:DPJ&>%P/W@=]"=A0E'\#(T#_<@?C3 F!\9X-"_%?H:%H&D7=XF$C(;$D!8'
M&;9I8FHP^ZU0;MTQ1<NE.^R#AS//<N\M7<OA&\=UX<!,JB:P.!DW1>>=B=0J
M!5I:EGW1N:M^$ALILL4%[U#:1R$J =C0:)=BTICG6&PYF"]\NP%,;E\B5# O
MFQNR72R'2XT^7]RRUJPIU428U6.U@-O6FR@?[X>J9K[6]DN&HRUA8_277>Y:
M+8][#S^G/8=V\GVO+PK+J+DYR-)MLD1@F_QG;\N;\!5WR(C6#@#(7RQ$/\+:
M">.H?3X_%<6XXG"XUFQUN!>8WBURGU&IX$4_@U9%T0/Q-NX*&-O3,(;[>K?A
MDCLD^'XI[.MFIY \E=X*;Q?Y18Q\HVBI$T-J>90ZN# MTBD&A-'J'Q A*NR"
M8DH^EIDP<_32T]@5$#7.#WQ7,>DI]*&#Z7R=I4YEVE39P^1,Z#6ZKQ]HG I^
MGCR'3CM\-ZH-+ODHVYW=)>O/G$K_Z>W9U0\*91(T-GXA3W5*]:2^N.JO,"4E
MJN8!DH=($@!GQ^?D#OEP,G0;*N$C1D)*(+%\/FG+.S#"5R_[:^6Q9#C_9Y]L
MG8C"2 M21DN!P@B>DC^!6;[($V9CP=AJP:K/^3HDOJHA<0H_]ZX_ GY"V+UF
MX56D7@V'<R&R2<&B^UR $D.M".[]@,SEN0 -L&C9YBIUMCF00+HF!>&29]1O
MS4;")[TUSJ@VS(SAY+_\R?31RY8MMY',:41>0C96L+MOU_VZ8=UKS*\+.CDA
MAD".=*&]ZC[JC@3]T2.@Z[%$EC&M,EM85"F<PA0I:SX93\ A 1,7H^<8DA#/
MI'Q?,8?T^:ZC&3ZYNI@EX&S$D]HF4.L >7VHS=;9L^=BH:@L4:;TJ[QAB#C>
M(8.R%-;&9JCDEFQJ2=79O98MR@!-7*N+&"PJ<5FP?BBR3Q)"-LFJPV;7Q]JJ
M'FLUF=[V]9UO[YK7]TK8C#:*00I505ONEM1V.OQ@F8-9<D2:#:CDD[)O!R.4
MT@L<IRFHKG44W*VM!XJ^3=.CA2I]%K.EZZ*_?_@.@#\%<87U<YSJ5=IC-=YL
M*;E'[OZ_S&RX!-:\M\::WP"L^=JP6*O5O\6P*.*R9N7 $AL9AK2)T/F6$2S$
MGY5J!S#;QRW'FXQ%M'C9#:ZS'L!QA'$4J=(&3KV7ZD3,&EH57P":M)S8*+@O
M>'$?8>"!D@FJF&7Z//*;$G@LPE36MLZ_<%.Z&X]"1G6;0G(6%F]>COROY>;&
MR<U^0V?(%1-.!FDG#)/&.JS&)5-UGB*U]H._0DI[+7&M_MD&\]5W.'9 0?R6
MCJK9ZC2'42='QB^)BT41SC:EUYWPLP!\# 0:3A):4KR=;6?7W?IUU3,\UQGS
MG/B!XE@C!S67A$7V+A,6\?ZSL]MQ8AU)[-*+[$D=HL9?)<1D@8EN)+@/6D+=
M.R)>&.?1O<L]NEMZ=#$5"TGP6OIFNJ8*GQAJE@LV0!STY$*$R*3&"TZBUZ//
MP+"Y(/%H,-6#(@,O@2A!7("9UB?LR3%BF1H(5M7+=4O-Z@DQ)F%@U38W*%_R
M10MWT6@U6!]=O) SA>I$!2'+E^3U*\D8Q^Q<D!@1X55?M[6[O*H6%N5VMZ\_
MO?RFR#&CV)BW'7?$_:>DK$M)23*O..L[1O <8D'IC"<$)14%8^XS%&,>-Q$&
M*K$;8&/R,GP4YN>>((J4'Z6KE -*<'MPWBCI(*V!?1IQ[X& C@V6WM7W[T_W
M&W*7992*0%]_OE FP5C[=K6Z:3ERW[Y-PU%PUMIY0SVK#G(:$?2]'B.W"(YJ
MDM%XK7R__82UR14'$L9. 3.7SV<$X*'TIX8>V)RJ!B&800F]P2C1'8J)[SH<
MK+/>7^G#:9G;W*@*G<,Q1"7OUARS(MOZ6KHH=N>1K$.7.*(FN6=Q?16XYVYG
MUQA]K9JB^,4ZI]U[R^ZUT]G9W+ W(URQN2&HHH290KJ[6TMNT.UTK06J?4BL
M14%##K;VH1JH25^EI=[R/2;L*-."8-5DG]@[8N/G,+X3GL,T$*@J<C\OI ,@
M^4U(/@??^@Q:I4_3@,P6"GU@D7W)QZ*\(FP>+N3?W%#GN@X'+!GRQTQAOO"'
M(M*;$>OA@,#U659,IO8"^ &U(SQC1]H)[KGJ\Q0L8!\=OCE(@#&#B1R%2@]X
M]. 8P*N@:F:]N>J6U+4-YYE4U=E \^:&=IJY*S>SU*#21=$I8LM1:\OX-(X>
MBSJR3#M,E"LTA(9<()&M^DJL;=I5M6GK601V;JZ1RW:LV))$U8/MK!P\7JE8
M.",T1\@A%[ BN=($?THE1N#&QLR0WVP<2#J]-GJ:1 R8@ F.&[UBUJ<O+]BJ
MJ[KKY)1YHZTC@N3#3=<$,^NCX>O"';O7?Q* 1]N0?A^C"IHQ)D\P6%'CB(A)
MKYG,="WG29@/QD^3Y),3H=#11+Q5PP-I\;E8S5]Y9MG\=AZ,C!1<V9O/$EN5
MJORF_CW56S-A&P;3Z^=$ESQ+Q&%]@%WE #/<?W6^;RK9;ED,H?BK3']_KE<:
M:V -O0+>7I)LY%PXK$G(X^T2A2-:WD?>'UTB8K,L98*_JK=H:.]:=A\LXD6(
M4EP-(B01%U\X(1Y&[-;RL2 :]<0>19IP3P>R#!,?O#I\T)7J[.7^J".]!I8B
MSU]U:V!]NJWJZ5;O^.Q=ZW%7/Z;&Y]_ UQ@W+*4=*2+8'"8I5DE1 (N[?5D0
M'/,!@&IPFKAR @##2Q$'XYOZ0,."V)@XF/S$>W.FV3E\S&K#<<:D,/1<T7QC
MG_TQV.S3J:(0LC JF"0!7]EI-I0#/S8P(_0MD#"-:;- +V&C%*XHI^2'G0$*
M:8?Q)PJK43DSC=6IKFL:8V>%M\T%<T1O53IC^X^]*Q] H.\;IQZ8KJ1D$#FO
M#R<*]DF5](+07*#Z'RL_F(6Q6X(]P4Z%B!I()N&@H:L<GX5I0K0A3[B43VH-
MA5;"#R@ZRL/ADTH(>+WRP;+]Q&S;_MI>N7@XOTN @\I>L#*3PAXHWC*[&HX5
M>$/8KK1S_=ALPBS$$#;,^99PM90C^K"YV[!STL#0NBTS.*F=2$A&RI#^@$\E
M6\][A(E_'%9;W=*^K2/9/&A;;PIWF81"^TO45GDR^-1F2\A] G.Q1#"?"C=U
M&IYQ)1_2D*O4H3-F* *1\<'D)0%IJ3X2IACA)*X2.-_A$59@D2A8Z*D_J;GL
M-X2I%6$4E#A1.MZ);O:AJ#R$WTR;<U181 /0'..68"O )B\1;H;9&"EJ'#HN
MN&A0B/W'MH<SX)61Q!7;&/M#%':'Z0/30/:@3$J'V%#-^!!KN;0XV#&3-*GT
M<M5%R9A++O=UG5!D4NMA@H]K4AM,#^&)X\<.7A;S0?!:F0!<RN*'=K/8QQD6
M90L#JBI=J0<0X? I$<88>1RL*R\D;:,$)\I0T)&>A\VVN>$2H5#W;?/0BB=C
MB: ]IHNH;U?4,KQ@;8;\P$:#N<%#R(X<]C'L/=!2W5YK^\&VT-ZEPDO9:_5Z
M._BMSN[1BSUH[>[NZ:P**!HL"E?$W@A_5\;"9UQ.5%24=+/\*-L[6UZ,"1D;
M1-;D4Z ?ZD'^<EBQ"B(.*E&%!V!2^&Y*3C@>PY0*^$%2!G+^)A&GA%CQ<5)(
MVVJ8+BSXW5DCPGR(CW<Z5O%?\'^B\T NAL,R"20:=2$#"DFCZ0X%^KU=U#:,
MVM*4R3R8E]=3*TC%&5B($QC:V,@SS[;+\8;4:_;YC-JUC#7]N0NSH\'B.6(J
MNQ%]B ME)EHALZ&MXS9MK#8W>/I\[IZDW5.[+DB%)GKV7Z05+U%3M[VNJ;L!
M-777&>DBPURK("*'0KO%80EQ3'/R$"CJ,V:.*YW49C7HJ (R:238RCWLWJ&R
MR/PP:"VPS@D%H$"*J=<EXCOS,6L&G\\R_!Y/(GRN0:^X]JQQ?:J_0L<S.=-,
M@?PRMH_(36EOL X^W:S@T[WKS[4TCR-@'UD+NJ8("6&%F)2>S+$0]Y1J(Y^>
M0RA\!GY/$H\2!G.9CRE*HJDC[\:J8>Q+YTB>>,=DLJ8ZF^PC;I.=10/OYQ '
MVXH(,1?]I76%Q"/L&S8&(Y1[M^C9L95.I!D19FGGQP-K!J]UIR<KIF#7@-8I
M,CB3[L)=([_Y>/2#GWC@_E?3"AP $!/2=7DH'!"$Q.R,=5;(OSE.TO OM/]H
MD9NV$? 9VH31MB%(A^AR?X;T27A<3.&HE[ AN1<1AZ80E!'!->@6H=9'I]H9
M:./&"G8&J.0&3$_<CA;1ZO#/WBV]-MCS6H TIE"'$6 9LR?-1D*F-[Z[C=AR
MY,L_XT-54Y%0@!(>ZX3H!#E(:EZ&$J97GQ3NFS&'%X-E&:9%F"\JI'5([8*J
M%V:N!I=P(0NFX:HVD!4G<?OY_OZ))^7@%!L:(XNN%03;(()KG?#/:$X0;942
M.!7C<-78 =$VDP&CM)>L9<B4FQ-ZNR7I.LU [)IPPDNJ'3T[;FG8A[E,? 5P
M*W/* V*SJHYW2BQV(5$DM[2&:VUNS'1\#/M4B!K^:L<YUM$_%]5*]'3[^KJY
M3E#"B 9%9&O'EB[1JAMUU]PXEM,>HI;/L"B"=#:=\SGG=%J\G)1?X0!#Y@16
MG:,>&\IAW%54.:PJY84I3YYQ!IB[0LKCX":2_L%P4JGS@#1[X_RX%@?3DK%E
M#UJ?AXKLZ@L@770YDJR<&L.CE\'=.J951>R6>J'IUH154NLJP-IDU\N]##XH
M/\*&+RC:AT_?GKI?:N[>5(X;++U-R<CJSYUXO8EF2%!_IIP"3XGT:?YCRMR+
MC4&VB27,7QFQ6[%=\ [C3:0NRY%ACH1EE;:':/K*J2"=5;"]8:9Q'*G01R_$
M9VV"Q0G )@2W(/!XDK)U:7=D!@I.K2D&;YQ#NI*^Z#7R1APW=B<PW<*!Z@LK
M6IS$&.\;MA<D&Q=1[E*;3HW):K&Y@^:QIMXS9>26R<V@A8,<IH51O_K)6FUD
M8'5+T7.(_6@;FO#HQ<Z1T@?SD\S/@ E1E6+5'C$C"0&\5&BCNTU/-I;?1.4I
M8J[P")6\)T7QFXW##?E7CU0,&.*$()T!\\0,=2(A)L^C*)] *TGZLMZWY=^=
M<H/MQAT.R52T6$-KK4AE$T=;?6_HATAA!:YW6@Y"2/Y,^H[@_P5*39M')=#W
M\#G\S.VQPC.M$:21 [6.*J7*,M>:[2MP4#BX_?+@T'6?&GKAXNWI;",U0\>>
MOZA<X.X#=A6'A8JT.;S>*C=IJWQH6-1$D2!4[+7ZW,68E+1LI3L;1[G"N-P[
MKLDXM'-B/1QNQ\8=>Z@3-1YNZ%,7N?'].7(QA5$+\,<"&'"KO-M_==)PJR:2
M%$8O9NY-D@!\0]L;B0YTYX"5TEG)V\_H'?#TRS%^(BU40)T@F+CQ.(1NL-2J
M2OL!)><@HVYFJ,A(66$#2_P]U@'@F2MMNQ!B5S1<%/TF. ,18D; 72ZY?'S4
M"JD"9\)8L6I@'TX<_&.GX[WD,5+/-1WB;2BJ%&^G2#>L<I8;%O7]]Z\$CV#"
M5+QP:]UUHW174_-\,8C!.#5BEAP(M:1SB!IL73;Q096D @VBO"Q^IR,?>$UC
M@DY2#9S4S3FQ&P9!I-I2;SU(TFE"D"G>*9FGAHB:-C 7;$-+V^6H2),I-A7$
MPH6&21B-K$82)$;6H#&#&Y6F V]/Y*74-( VE.EXYT>@< +LP*F8+(#Z%(+G
M0'WGFHW#]HQV\U%D@Q=(B8#KHJ<AS#+$&AG0F 3X+"ZHV]WB'KLTGPV+M7CR
M*\\:$2]4--?'2-F?HF9@88 U\,.08KAN3(X4<Z 8%=5D*-:^HI@FQ[OQE%G$
MY^6ZY\B0XA;Z+0PT^F9Q#Z[C,JL*%*"D_/WKQP4<JFP:-N\8#T(U1CT.=H4%
M"R88>->0/E#PZ<B/P;V2T"<&Z;,<523##,\81=A&/[ M>,+&( 5*()!%6'X8
M8:JQ_1X'@S@;83-"!&Y%%%@^GW)."R$!U($<$\#SI&A*"R A$=-%VH[,$#^1
M^AHH;.R.<"C2-*1JT6#"''-EOG H#3U,[*)#&;_%5R5P *&N+!6"A5[AT4WN
M[UB9T=,$\=HV&X96IASMDC[G%+TRD#(?% 6Z,03#(!H .CR=[HN9&+@."LVV
M"VXR&A2.Q86'YSK6BS2""JGQ,(AG%DH!+]98N7/A>T$RB]DA:&C0TPO&:L0E
MDC5#HK,)_)A/NONIT^VU8F.KS#3V14.L8><K)YHZ"Z?4]X33<0X+G-G5TCUI
M80!/=&T#S%@FR>$UJJ 1W%(1$PEE]PAMR7135CU6=5J=FO4"5N"<E15K1MN]
M1D6S.QQ@*4SFP 5*R *P.N%:["E7[ILE*Z_+&:A23(IT24@6/ '-7F9L?[=#
M*S[I WC)!(=?)R,O+#L7]2SYWB\J:;.<'21E9H&@5</4Y*?J3N:VU5DRS&<^
MNB)NDD,#Y5KV$8B@P#[MZ!\0=Y4%+QDJV%([Z'Z:^ $6L4M)3!'EX12-47@G
MXD\;*7!O_.DX5!+D$:G-U$BZA1_''$!Q);!%AP<#%>S )/Q"+:(U0QN7"$C?
M=!Z$5.QP7,6[78D9P;U36 MIX,!HK, A?..NZ2C59%6'&!S;W-"XQ#L\ZXM^
M<>U()_YY.,$(DW:/RIZ.C-<TVB8<(_AA]#HPA<0<MMX]RV(95.*+T,9P &+G
M(-G]O+P<IGP&=A"98EIE.JZ?4\>:\4;"-LO^S'JP[X0GT^F#/ S/5= N0R\0
M5\ ) *X8Q%^-_<#2I(I2[7@'28R:FMK-,PX^<P9$&$L2W;DW0-*YG)QK@HPY
M@Y7Q=2U. 2L**T[L=2_5BDG.!PE!(#GF*(;]*;I75SU4(O:I&D9@]R.EN2'N
MJS'L1"[<P/%"_!Y%E!%).GB,%D =-*FSN?%S,L-[F_@1E<;FDOB6L(^N<?!'
MHQ2-3F5>PI0Y2+EZJ;HQ2"0$8C6F]F@FX3D:#OJ4V=P@.1;(EID:E\F$\FO9
MN(S8R@W5+0,G2X%S$[/2FX(I1&!KJ*B>U :F0Z]:M9($WT<-AXKF$I8+YBBD
MF7!M)8N+_*)MKE'EBW:Y!B6V8%*<8+T_^!0GLT@%>$:#U90HU" PC.H1:O,-
M_N*Q3JG1-@;O__G[]A)U;#OK.K9U'=N%,:V3-!DJ8@I 5J]G2F5KNKQUJ/;K
M0K4/KC]46Q;K)A&?H2)772.)_].[;WBU,5B(Q@RCI]F>+=/CA891C_P.3LQ(
M91-5]3<%LL5M,*_ IB@QJ-W6\2P\\3Z,PUSQ-B'4OW? )@&91U09<$=*N&8Z
MYQC!X=UP5I87*]0_G^TWM"!PXF0TMW_M,09]$.(M?.\_W:V&>3)9"3==-W66
MFE</S)NIQ-OPI*&8G2\MZ^G=Y75,_DHO3^-V 5RF=F=-$KBN$&I4(70L[J;
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MP>4=O%9N&?,EB9JX_MFU_6O!RW?X;*TB/(D&F^/31A,R>W^I:P !KL"#"N6
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M*OTI/\AMQ;BUK:$X1C;T3(_)=/L"Z]F@_N@1'>^Y-,?R=:&-<5105<+;$*O
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MO$)V[UMP/*Z=O4MSS/%"'LM"TC$&!BT<2;Y'<'J7O7&1!PV,8<3T<KV10&;
MU@UC."TC@5'1.6405(:@#$U1D)\0;/;"CZQ%:L.]8"JB ;GJ!]A:':^V.EZ!
M?O7')B[23!<ZG%"FRF804K@LHX!FR@W0;=R%+.4JRFX1]-\T_ LJV,0VV95T
M*I1P:*Z/ZD0ZH[G1Y7<QQ$DUBU>=C5=V-J@_),9'VNA!MBE?36'92M"18XU$
M\4X$8.PV&Q J6L\<E&PX$N=M2U'*=9RQ4>G_0I/*2])7ZO"#:<!@>W=]B2/5
M"I\K3P05H'8@ JZ?D3/@2;=M@OZ#LAUS+Z)3\N;>OY"P"\H_%9T[;B$51AEB
M'Z'S?[?_ZL0@#I@*&;^JG,$MJG"?81&,CT-V[ZK]5>(3M#XKWN4D]=4D+"8F
M.O"^ P.4]NGHP OAH6TYOX_TOTD4M"0S4#<S,)BOB8BYK4E$&55*=6KB_CHX
MI(V_4L-[S'>08>%4TG"/4,/W@,D9TT:=!,= 92Z$Y6()5"@<"*!%0-I2DJMI
M&B8I?/&7QI18W@,8T+1(,]"M&-7FK ]W2QMS]PUJ1E$$%.[UY\[S#8^5PS\M
M_,L7!^D$CR2"BN49)*FZX.@=13$=M+_,=\:<JW(0%$JZ=("H[[]_U:)\7:Q&
M3!C#T>^,BY0X^1*O^YQ^R>5*TD_$T+BY<:H!3.M@PMIZ_4KK=07ZBCN2W<1(
MJK%8B4D+CC$G,V^/H[?:*J/&11K(0T4]^B1@LJ?&QFN7]#G5E9030D+65;D_
MY]11"YLW7YMUEQ[.TXJY@,<E'<^7,AC,C'^-Z0!BE\]0\APJ,JPF)LM!YT+8
MM](-QOW1"(/W</JQ[4961,5XD%-SP5IH&8N%))=C8W@;)U7N#)]J .U[5DN-
M5F8A5TRN0!'MNT@"%)PC^!NVL;5<UR?N^L3]VA-W!1J,'_@-(S08-->$4N0W
MJQ3.KXGF7Y!"=+^Z?Q3O'\=%?FC\2(0SH.O9M!704P5N+>I(?L3IJ_TT_VU]
M?C:B-Y(EN '*[%II4QQY9E@)1CI&FA+UHI#(<6U(1!%OW"@A0GR*OR#S#V\E
M@G%FIFB%0A 4<$I5/^5N\512Y]RKTN"%\\O>"1BT>$.Z.7\V2/TA.NVERZ59
M*WCT!N9F25?)T,B* 9+_8[W/W)N$^.)L*Y72VA@$0'@!U>1QG11HBK1@<"B6
MVW!D <P3N$,@W>$/P\SF_;@1!AK*V.Z%87E)1DTNDY$BC!+:>QA^:</'#'G%
MKO&@7 P^PM).<&+/HF$9I%=F[:R;K/K0G6D[T/&.3(<: BGISD:G$R3?<Z/.
M3GQ+H"%L#5)J"\N^4'JHJK)-<6,+34%F+EQUZ4' #2 HSN),NI&W^A'C=';(
M J1T&T('F>;%GU.W$3^=)#&B!ATXY:3VA3]H:AHLAPHGR&,^0"*/(J\T>Z.J
MIHBXA0BTR=5LZ.+XP5F8)4@N8PC-N1!-6L*(5-F'KHP&N,;2IOOKTJ9U:5,#
MZ@N"&FECRCW5^U=WLXV995Z[?^VOOF(K03DFJI0';;VYP:TF ZO?IFE"7K]6
MX+Q""RE4;@.AD8!(<"QY1,K8X&D#"MV:RZX%C(>>BM'(#;@RA7B=2 6[U,'4
M*2+5G(N82HH3=A.%A%AGKXAAC-&XGFE;XS3DUEF #TX++LJ($=D*)[/@B-#5
MKI11<2B*A0;9M:',6SFS1F1U;DDXMB:B<YJ.),,213P[]FY<ET-,S4K"(A17
M47%@R'2)#7N.RL5+X6\XK\C>@3,83EX5CWWB?4-:$@KAA1@SZJL\%QAQ)%D?
M)!<:#(K4'\P9>NF4GPB!<Z"M(4LH]\\_VZ[* ! KZ>="N#*4:K)8Q#:6]FZE
M-@V")Z,M B>G)*]LCR@0 ]Y1N6;.J\/@9A%VR4*XKAJ'TKY%:JN0/2<%ZS/3
M<3GF2O>%1MDP@TMP4+N\;M&(DV:%?3Q@8Q>L*"+)*6\B4!-VNU%[6MCS'%=,
ME4Y%BLTK^'<12S2OE<80FSI5XA+2U0A"+[\RR[UBT@>G)$<1UO[P\N$X9Q9I
M==;4Z@PY^+$!:1PG!>E.>PIP7ATVQCB<LGKG:>:B)G1P8'./B/C!5C.5?X5)
M9"65*\R_HL/J0L %8['NJTYLOS^M^G<MBWPO$+FA@NJ-. D^AZTY\='+<8\
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E,S$R.#$Q9#%?.&LN:'1M4$L%!@     $  0 !0$  &YM      $!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
