<SEC-DOCUMENT>0001639825-22-000067.txt : 20220510
<SEC-HEADER>0001639825-22-000067.hdr.sgml : 20220510
<ACCEPTANCE-DATETIME>20220510070111
ACCESSION NUMBER:		0001639825-22-000067
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		15
CONFORMED PERIOD OF REPORT:	20220510
ITEM INFORMATION:		Results of Operations and Financial Condition
FILED AS OF DATE:		20220510
DATE AS OF CHANGE:		20220510

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PELOTON INTERACTIVE, INC.
		CENTRAL INDEX KEY:			0001639825
		STANDARD INDUSTRIAL CLASSIFICATION:	 [3949]
		IRS NUMBER:				473533761
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39058
		FILM NUMBER:		22907290

	BUSINESS ADDRESS:	
		STREET 1:		C/O PELOTON INTERACTIVE, INC.
		STREET 2:		125 W. 25TH ST., 11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10001
		BUSINESS PHONE:		866-679-9129

	MAIL ADDRESS:	
		STREET 1:		C/O PELOTON INTERACTIVE, INC.
		STREET 2:		125 W. 25TH ST., 11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10001

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Peloton Interactive, Inc.
		DATE OF NAME CHANGE:	20150416
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>pton-20220510.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version="1.0" ?><!--XBRL Document Created with Wdesk from Workiva--><!--Copyright 2022 Workiva--><!--r:805e6360-316d-4104-868e-49cc0f36252e,g:33861882-b539-4501-9087-f78d1a292f39,d:89376ff1c425434ba3010a0dae8019e5--><html xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2020-02-12" xmlns:dei="http://xbrl.sec.gov/dei/2021" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns="http://www.w3.org/1999/xhtml" xml:lang="en-US"><head><meta http-equiv="Content-Type" content="text/html"/>


<title>pton-20220510</title></head><body><div style="display:none"><ix:header><ix:hidden><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:EntityCentralIndexKey" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV80L2ZyYWc6M2RmYjUyODczNDUxNDVlMzk5Zjk2YTZhMGEwNDZlMGIvdGFibGU6ZWRjOGM3YTQxMDM3NDRhYTk5MWNkNzM4YzBlMDUzNGYvdGFibGVyYW5nZTplZGM4YzdhNDEwMzc0NGFhOTkxY2Q3MzhjMGUwNTM0Zl8xLTEtMS0xLTY3NTU3_536d42af-98ee-4653-aacb-a30e74beb5de">0001639825</ix:nonNumeric><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:AmendmentFlag" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV80L2ZyYWc6M2RmYjUyODczNDUxNDVlMzk5Zjk2YTZhMGEwNDZlMGIvdGFibGU6ZWRjOGM3YTQxMDM3NDRhYTk5MWNkNzM4YzBlMDUzNGYvdGFibGVyYW5nZTplZGM4YzdhNDEwMzc0NGFhOTkxY2Q3MzhjMGUwNTM0Zl8yLTEtMS0xLTY3NTU3_fd13195e-8682-47ce-a29a-0b725e602f05">false</ix:nonNumeric><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:EntityAddressAddressLine1" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV80L2ZyYWc6M2RmYjUyODczNDUxNDVlMzk5Zjk2YTZhMGEwNDZlMGIvdGFibGU6ZWRjOGM3YTQxMDM3NDRhYTk5MWNkNzM4YzBlMDUzNGYvdGFibGVyYW5nZTplZGM4YzdhNDEwMzc0NGFhOTkxY2Q3MzhjMGUwNTM0Zl81LTEtMS0xLTY3NTU3_10afc620-1c49-4e3f-84a9-6cd17d0873d6">441 Ninth Avenue, Sixth Floor</ix:nonNumeric><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:EntityAddressCityOrTown" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV80L2ZyYWc6M2RmYjUyODczNDUxNDVlMzk5Zjk2YTZhMGEwNDZlMGIvdGFibGU6ZWRjOGM3YTQxMDM3NDRhYTk5MWNkNzM4YzBlMDUzNGYvdGFibGVyYW5nZTplZGM4YzdhNDEwMzc0NGFhOTkxY2Q3MzhjMGUwNTM0Zl82LTEtMS0xLTY3NTU3_e56a8b66-255d-4a98-a142-26b4e3e3347c">New York</ix:nonNumeric><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:EntityAddressStateOrProvince" format="ixt-sec:stateprovnameen" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV80L2ZyYWc6M2RmYjUyODczNDUxNDVlMzk5Zjk2YTZhMGEwNDZlMGIvdGFibGU6ZWRjOGM3YTQxMDM3NDRhYTk5MWNkNzM4YzBlMDUzNGYvdGFibGVyYW5nZTplZGM4YzdhNDEwMzc0NGFhOTkxY2Q3MzhjMGUwNTM0Zl83LTEtMS0xLTY3NTU3_7ddb1826-dbde-435f-ac3b-a35f8cb95f44">New York</ix:nonNumeric></ix:hidden><ix:references xml:lang="en-US"><link:schemaRef xlink:type="simple" xlink:href="pton-20220510.xsd"></link:schemaRef></ix:references><ix:resources><xbrli:context id="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001639825</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2022-05-10</xbrli:startDate><xbrli:endDate>2022-05-10</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div><div id="i89376ff1c425434ba3010a0dae8019e5_1"></div><div style="min-height:36pt;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:18pt;font-weight:700;line-height:139%">UNITED STATES</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:18pt;font-weight:700;line-height:139%">SECURITIES AND EXCHANGE COMMISSION</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:700;line-height:139%">WASHINGTON, D.C. 20549</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">_______________________________________________________</span></div><div style="margin-top:9pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:18pt;font-weight:700;line-height:139%">FORM <ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:DocumentType" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODc5_1e1320a1-e075-4474-82ad-8c52aed6d0f0">8-K</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">_______________________________________________________</span></div><div style="margin-top:10pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:700;line-height:139%">CURRENT REPORT</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:700;line-height:139%">Pursuant to Section 13 or 15(d) of the</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:700;line-height:139%">Securities Exchange Act of 1934</span></div><div style="margin-top:9pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">Date of Report (Date of earliest event reported): <ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:DocumentPeriodEndDate" format="ixt:date-monthname-day-year-en" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8zMzQ_bc7aca71-3689-49ae-a784-8f9dcec65834">May 10, 2022</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">_______________________________________________________</span></div><div><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:22pt;font-weight:700;line-height:139%"> <ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:EntityRegistrantName" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODc2_dee36c66-91b4-41d3-acfa-f0c5c76321c9">Peloton Interactive, Inc.</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:139%"> (Exact name of Registrant as Specified in Its Charter)</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">_______________________________________________________</span></div><div style="margin-bottom:7pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:85.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:EntityIncorporationStateCountryCode" format="ixt-sec:stateprovnameen" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8wLTAtMS0xLTY3NTU3_9f3a3e78-26e2-46fe-8f00-3b6994589210">Delaware</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:EntityFileNumber" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8wLTEtMS0xLTY3NTU3_fed48a2a-8839-437e-b56c-74ad7aa673de">001-39058</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:EntityTaxIdentificationNumber" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8wLTItMS0xLTY3NTU3_63ee314a-72e6-445f-a7c6-b63ba07294f0">47-3533761</ix:nonNumeric></span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:2pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:120%">(State or Other Jurisdiction</span></div><div style="margin-bottom:2pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:120%">of Incorporation)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">(Commission File Number)</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:2pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:120%">(IRS Employer</span></div><div style="margin-bottom:2pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Identification No.)</span></div></td></tr><tr style="height:13pt"><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:EntityAddressAddressLine1" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8zLTAtMS0xLTY3NTU3L3RleHRyZWdpb246OWNmZmVmMjI4NDQ1NDM5ZWFhZTYzNzQ1MDc3MThjZDRfNQ_10afc620-1c49-4e3f-84a9-6cd17d0873d6">441 Ninth Avenue, Sixth Floor</ix:nonNumeric> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:EntityAddressCityOrTown" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8zLTAtMS0xLTY3NTU3L3RleHRyZWdpb246OWNmZmVmMjI4NDQ1NDM5ZWFhZTYzNzQ1MDc3MThjZDRfOQ_e56a8b66-255d-4a98-a142-26b4e3e3347c">New York</ix:nonNumeric>, <ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:EntityAddressStateOrProvince" format="ixt-sec:stateprovnameen" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8zLTAtMS0xLTY3NTU3L3RleHRyZWdpb246OWNmZmVmMjI4NDQ1NDM5ZWFhZTYzNzQ1MDc3MThjZDRfMTM_7ddb1826-dbde-435f-ac3b-a35f8cb95f44">New York</ix:nonNumeric> </span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:EntityAddressPostalZipCode" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8zLTItMS0xLTY3NTU3_610ca880-185f-4248-9b2a-1bd1f02095e1">10001</ix:nonNumeric></span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">(Address of Principal Executive Offices)</span></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">(Zip Code)</span></td></tr></table></div><div style="margin-top:12pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">Registrant&#8217;s Telephone Number, Including Area Code: (<ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:CityAreaCode" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODgy_beda81d5-1e04-4c52-a93f-e079e5fe29c8">917</ix:nonNumeric>) <ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:LocalPhoneNumber" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODcz_4a4f7b83-0638-4acf-8f39-42b11ebae20a">671-9198</ix:nonNumeric></span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">Not Applicable</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:139%">(Former Name or Former Address, if Changed Since Last Report)</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">_______________________________________________________</span></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">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></div><div style="margin-top:6pt;padding-left:25pt;text-indent:-25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:139%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:WrittenCommunications" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODgz_8e99b9dc-b3dc-420d-a09c-099d80d08200">&#9744;</ix:nonNumeric></span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">&#160;&#160;&#160;&#160;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></div><div style="margin-top:6pt;padding-left:25pt;text-indent:-25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:139%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:SolicitingMaterial" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODc1_c6d02db0-a94a-466a-8827-e88d3cb50c7c">&#9744;</ix:nonNumeric></span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">&#160;&#160;&#160;&#160;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></div><div style="margin-top:9pt;padding-left:25pt;text-indent:-25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:139%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:PreCommencementTenderOffer" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODc3_a1903f44-31d5-4002-adc9-6de7c2bcfc42">&#9744;</ix:nonNumeric></span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">&#160;&#160;&#160;&#160;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></div><div style="margin-top:6pt;padding-left:25pt;text-indent:-25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:139%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:PreCommencementIssuerTenderOffer" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODg0_62347886-3d85-43a6-8a2b-ab6fa486e734">&#9744;</ix:nonNumeric></span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">&#160;&#160;&#160;&#160;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></div><div style="margin-bottom:13pt;margin-top:6pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Securities registered pursuant to Section 12(b) of the Act:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:85.138%"><tr><td style="width:1.0%"></td><td style="width:45.555%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.944%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:31.201%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Title of Each Class</span></td><td colspan="3" style="border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Trading Symbol</span></td><td colspan="3" style="border-left:1pt solid #000000;border-right:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Name of Each Exchange on Which Registered</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:Security12bTitle" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6MGY3NTQ3ZjI4ZDJjNDUxMWE2NGUyZGVkNGMyZDVkNjkvdGFibGVyYW5nZTowZjc1NDdmMjhkMmM0NTExYTY0ZTJkZWQ0YzJkNWQ2OV8xLTAtMS0xLTY3NTU3_4dea4a65-070e-4969-af19-1f0e55914509">Class A Common Stock, $0.000025 par value per share</ix:nonNumeric></span></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:TradingSymbol" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6MGY3NTQ3ZjI4ZDJjNDUxMWE2NGUyZGVkNGMyZDVkNjkvdGFibGVyYW5nZTowZjc1NDdmMjhkMmM0NTExYTY0ZTJkZWQ0YzJkNWQ2OV8xLTEtMS0xLTY3NTU3_849b3657-4a5c-42f5-a334-a6395c5028c1">PTON</ix:nonNumeric></span></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:1pt solid #000000;border-right:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:SecurityExchangeName" format="ixt-sec:exchnameen" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6MGY3NTQ3ZjI4ZDJjNDUxMWE2NGUyZGVkNGMyZDVkNjkvdGFibGVyYW5nZTowZjc1NDdmMjhkMmM0NTExYTY0ZTJkZWQ0YzJkNWQ2OV8xLTItMS0xLTY3NTU3_ee2001b2-fb15-4fd1-ae48-61a3d74c9a45">The Nasdaq Stock Market LLC</ix:nonNumeric></span></td></tr></table></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;&#8201;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;&#8201;240.12b-2 of this chapter).</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">Emerging growth company&#160;</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:139%"><ix:nonNumeric contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510" name="dei:EntityEmergingGrowthCompany" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODg1_be5be3bb-0e35-4407-bc0f-1575234e4724">&#9744;</ix:nonNumeric></span></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div></div><hr style="page-break-after:always"/><div style="min-height:36pt;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">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="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:139%">&#9744;</span></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div></div><div id="i89376ff1c425434ba3010a0dae8019e5_7"></div><hr style="page-break-after:always"/><div style="min-height:36pt;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div><div style="-sec-extract:summary;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">Item 2.02.&#160;&#160;&#160;&#160;Results of Operations and Financial Condition.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On May 20, 2022, Peloton Interactive, Inc. (&#8220;Peloton&#8221; or the &#8220;Company&#8221;) will hold a conference call regarding its financial results for the quarter ended March 31, 2022. </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Peloton has also issued a letter to its stockholders announcing its financial results for the quarterly period ended March 31, 2022 (the &#8220;Shareholder Letter&#8221;). A copy of the Shareholder Letter is furnished as Exhibit 99.1 to this Current Report on Form 8-K.</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Peloton is making reference to non-GAAP financial information in both the Shareholder Letter and the conference call. A reconciliation of GAAP to non-GAAP results is provided in the Shareholder Letter, as attached to this Current Report on Form 8-K.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The information furnished with Item 2.02 to this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed &#8220;filed&#8221; for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.</span></div><div><span><br/></span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">Item 9.01.&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</span></div><div style="margin-bottom:10pt;margin-top:3pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(d) Exhibits.</span></div><div style="margin-bottom:10pt;margin-top:3pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:85.000%"><tr><td style="width:1.0%"></td><td style="width:9.520%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.984%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:84.196%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:2pt;padding-left:1.5pt;padding-right:1.5pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Exhibit</span></div><div style="margin-bottom:2pt;padding-left:3pt;padding-right:3pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Number</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Exhibit Title or Description</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99.1</span></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:2pt;margin-top:2pt;padding-left:3pt;padding-right:2pt"><span style="color:#0000ff;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="a3qfy2022shareholderletter.htm">Letter to Shareholders, dated</a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="a3qfy2022shareholderletter.htm"> </a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="a3qfy2022shareholderletter.htm">May </a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="a3qfy2022shareholderletter.htm">10</a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="a3qfy2022shareholderletter.htm">, 2022</a></span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cover Page Interactive Data File (embedded within the inline XBRL document)</span></td></tr></table></div><div><span><br/></span></div><div><span><br/></span></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div></div><hr style="page-break-after:always"/><div style="min-height:36pt;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:139%">SIGNATURES</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">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.</span></div><div style="margin-bottom:7pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:85.000%"><tr><td style="width:1.0%"></td><td style="width:44.161%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:45.306%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">PELOTON INTERACTIVE, INC.</span></td></tr><tr style="height:13pt"><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Date:  May 10, 2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">By:</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">/s/ Jill Woodworth</span></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Jill Woodworth</span></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Chief Financial Officer</span></td></tr></table></div><div style="margin-top:15pt"><span><br/></span></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div></div></body></html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a3qfy2022shareholderletter.htm
<DESCRIPTION>EX-99.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2022 Workiva -->
<title>Document</title></head><body><div id="ifb4118622f1b4a1b9133d73b3cd6374d_1"></div><div style="min-height:27pt;width:100%"><div><font><br></font></div></div><div><img alt="screenshot2022-05x09192059.jpg" src="screenshot2022-05x09192059.jpg" style="height:83px;margin-bottom:5pt;vertical-align:text-bottom;width:192px"></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:13pt;font-weight:700;line-height:133%">3Q FY2022 Shareholder Letter</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:133%">May 10, 2022</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Dear Shareholders,</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Turnarounds are hard work. It&#8217;s intellectually challenging, emotionally draining, physically exhausting, and all consuming. It&#8217;s a full-contact sport. That&#8217;s why I want to begin this Shareholder Letter with a shout out and sincere thank you to the employees of Peloton who are working hard to make this company successful. I also want to thank our 7 million Members whose passion for Peloton gives meaning and purpose to our work.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Turnarounds also are incredibly stimulating and engaging, the decisions never more consequential, the urgency ever present, the teamwork never more central to the mission. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">That&#8217;s why I joined team Peloton, all these attributes plus its iconic brand, category leadership, fast growth, recurring revenue model, and for me, highly aligned corporate values and mission.    </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Ten years ago the launch of the original Peloton Bike introduced the world to the power of connected fitness. Peloton&#8217;s growth exploded during Covid when our subscribers grew from 700 thousand to nearly 3 million. Today Peloton is one of the country&#8217;s most admired brands, ranking second behind Apple and ahead of Spotify in the Prophet Brand Relevance index published in February 2022. Our users are highly engaged, and our subscriber churn rate is less than 1%, which is the best I&#8217;ve seen.</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:400;line-height:115%"> </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The challenge and the opportunity today is to sustain and extend this success. We&#8217;ve already solved the hardest problem which is finding product&#47;market fit. That begs the question, what&#8217;s next&#63;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">My goal for Peloton is to become a global connected fitness platform with 100 million Members. That&#8217;s equivalent to roughly half the world&#8217;s global gym memberships. It&#8217;s a long, long way from where we sit today.</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:400;line-height:115%"> </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">But we sit at the epicenter of technology enabled fitness, a long-term secular growth trend. Who doesn&#8217;t want to live a healthier, happier, longer life&#63; We will share more about how we plan to participate in that growth in the months and years ahead.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">In my experience, companies that don&#8217;t know where they&#8217;re going generally get there (that's not a typo). I&#8217;m determined not to be one of those companies. Connected fitness is a strategic choice. Strategy is always about choice, what to invest in and what not to. You won&#8217;t see us investing in or owning something that doesn&#8217;t serve our connected fitness strategy.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">I&#8217;ve been in the CEO role of Peloton since February 9. During those three months I&#8217;ve focused on&#58; 1. stabilizing the cash flow 2. getting the right people in the right roles and 3. growing again. We&#8217;re making progress on all three priorities.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Stabilizing the cash flow has been an exercise in balance sheet and P&#38;L management.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The balance sheet challenge has been managing inventory. We have too much for the current run rate of the business, and that inventory has consumed an enormous amount of cash, more than we expected, which has caused us to rethink our capital structure (more on this in a moment). Fortunately, the obsolescence risk is negligible, and we believe the inventory will sell eventually, so this is primarily a cash flow timing issue, not a structural issue.</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:400;line-height:115%">  </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The other piece of good news is that Andy Rendich, our new head of supply chain, has the skills to manage our supply chain issues and, with the help of new Peloton BOD member Angel Mendez, is making great strides in getting this aspect of our business under control.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">There likely will be other talent additions across the org in the coming months, particularly as we shift our focus from being hardware to software centric. Talent density is job one if we expect to perform at a high level, and we do. Building on our existing strengths is the goal, but, to be clear, I believe there is a solid foundation of talent at Peloton to build on.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Some of the challenges we face are systems related (there is substantial tech debt, not uncommon among successful fast-growing businesses) which tax our productivity and speed of decision making, as well as our speed of execution.  And some of </font></div><div style="height:27pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:133%">1</font></div></div></div><hr style="page-break-after:always"><div style="min-height:27pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">the challenges have resulted from poor execution, like last quarter&#8217;s increased use of 3PL partners for last mile distribution.</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:400;line-height:115%"> </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The strategy wasn&#8217;t flawed, but our execution was.</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:400;line-height:115%"> </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Better systems. Better decision making. Better execution. We&#8217;re working on it.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">With respect to the P&#38;L, we announced several cost reduction initiatives last quarter. The goal, then and now, is for the business to generate positive cash flow by realigning spending and revenue, resulting in at least $800 million in annual run-rate savings by FY24.</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:400;line-height:115%">  </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">This includes $500 million in operating expense savings and at least $300 million in lower Connected Fitness COGS. The program is a work-in-progress. Through initiatives already in place, we expect to achieve $165 million operating expense reductions in 2HFY22,</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:400;line-height:115%"> </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">and approximately $450 million in savings for FY23.</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:400;line-height:115%">  </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">In Connected Fitness COGS, we expect our actions will yield $30 - $35 million savings in 2HFY22 and $100 million in savings for FY23. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We&#8217;re making steady progress on our first two priorities (cash flow and talent density). What about growth&#63; In the months ahead you&#8217;ll see us evolve our go-to-market strategy to grow faster. One new initiative includes broadening our distribution to third party retailers. Another involves rethinking the value proposition of our digital app to drive significantly more top of marketing funnel growth. A third initiative involves expanding our international markets. And fourth, we continue to test and broaden the roll out of Fitness-as-a-Service (&#34;FaaS&#34;). FaaS is a rental program that combines the cost of connected fitness hardware and our All-Access subscription service into one low monthly fee. We&#8217;ve tested different price points in order to understand the interplay of consumer demand and ROI, which is a function of variables like CAC, churn, return rates, and buy out rates. To date we&#8217;ve seen steady increases in growth (on the order of 90%+ uplift currently) compared to our control markets, and we are broadening the size of our test markets as we continue testing different consumer offers. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The recent price changes (implemented April 14) also look promising, and may deliver roughly $40 million of incremental revenue monthly. Here&#8217;s the math. The price cuts on hardware have increased our daily unit sales by 69% and increased our revenue by more than $25 million per month.</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:400;line-height:115%"> </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">And the price increase on our All-Access monthly subscription, which isn&#8217;t effective until June 1, has so far driven only a modest increase in churn. That&#8217;s a roughly $14 million increase in revenue monthly if churn remains near current levels. These are important incremental steps towards rightsizing our P&#38;L and are additive to the $800 million in cost savings discussed above.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">I want to spend a minute talking about the framework we&#8217;re using to manage our marketing spending. In the past you&#8217;ve heard us speak about our net CAC framework, which effectively pegged the amount we were spending on subscriber acquisition cost (CAC) to our hardware unit gross profit.</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:400;line-height:115%"> </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Looking ahead, as we play for scale, we&#8217;re changing our focus to customer lifetime value (LTV), which is the net present value of the gross profit per subscriber over the expected life of the subscriber. We&#8217;re doing this because we maximize profit when marginal cost equals marginal revenue, or in our case when marginal CAC equals our marginal LTV. And although we initially lose money on each new subscriber when they walk in the door because of the cost to acquire them (same as Netflix and Spotify), each new subscriber increases our enterprise value provided their LTV exceeds their CAC. So expect us to lean into growing our base of recurring revenue. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">And while we&#8217;re on the subject of LTV, I would also like to point out that you should expect us to continue to explore the dynamic relationship between CAC, churn, and gross margin as we try to unlock faster growth by driving a virtuous cycle of investment in a better user experience, which lowers gross margin, but also drives lower CAC with a higher mix of organic growth, faster growth, and higher LTV. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We finished the quarter with $879 million in unrestricted cash and cash equivalents, which leaves us thinly capitalized for a business of our scale.  Earlier this week we took steps to strengthen our balance sheet by signing a binding commitment letter with JP Morgan and Goldman Sachs to borrow $750 million in 5-year term debt.  I want to thank everyone involved for their hard work in completing this important financing and look forward to reporting on our progress in reshaping Peloton&#8217;s business in the quarters ahead. As we begin to sell down our excess inventory, the current cash flow headwind should become a tailwind in FY23. Our goal is to restore the business to positive free cash flow in FY23.</font></div><div><font><br></font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Barry McCarthy</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">CEO &#38; President</font></div><div><font><br></font></div><div style="height:27pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:133%">2</font></div></div></div><hr style="page-break-after:always"><div style="min-height:27pt;width:100%"><div><font><br></font></div></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">FY 2022 Q3 Operating Metrics and Financial Summary</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.348%"><tr><td style="width:1.0%"></td><td style="width:41.888%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.778%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.778%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.778%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.778%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.780%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% Change</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">User Metrics</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3Q FY'21</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2Q FY'22</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3Q FY'22</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Y&#47;Y</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Q&#47;Q</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Members (in millions)</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.4</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.7</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.0</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Ending Connected Fitness Subscriptions (in millions)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.081</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.767</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.962</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net Connected Fitness Subscription Additions (in millions)</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.414</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.275</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.195</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(53)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(29)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total Platform Workouts (in millions)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">171.1</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">139.2</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">184.3</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Connected Fitness Quarterly Workouts (in millions)</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">149.5</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">123.2</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">164.6</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Average Monthly Workouts per Connected Fitness Subscription</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26.0</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.5</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18.8</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(28)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Average Net Monthly Connected Fitness Churn</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.31&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.79&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.75&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40 bps</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0 bps</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Ending Digital Subscriptions (in millions)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.891</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.862</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.976</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Financial Results (dollars in millions)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Connected Fitness Products Revenue</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,022.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">796.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">594.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(42)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(25)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subscription Revenue</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">239.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">337.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">369.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total Revenue</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,262.3&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,133.9&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">964.3&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(24)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(15)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Connected Fitness Products Gross Profit</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">290.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(67.9)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(123)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(233)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Connected Fitness Products Gross Margin</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11.4)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,980) bps</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,780) bps</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subscription Gross Profit</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">154.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">229.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">252.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">63&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subscription Gross Margin</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">64.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">67.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">360 bps</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20 bps</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:12pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subscription Contribution Margin</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> (1)</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">330 bps</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30 bps</font></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total Gross Profit</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">444.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">280.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">184.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(59)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(34)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total Gross Margin</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,610) bps</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(560) bps</font></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total Operating Expenses</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">458.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">705.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">920.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">101&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net Loss</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8.6)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(439.4)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(757.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8,704)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(72)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:12pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted EBITDA </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">63.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(266.5)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(194.0)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(407)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:12pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted EBITDA Margin </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(23.5)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(20.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,510) bps</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">340 bps</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net Cash Used in Operating Activities</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(151.2)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(446.6)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(670.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(343)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(50)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:12pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Free Cash Flow </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(204.0)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(546.7)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(746.7)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(266)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(37)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr></table></div><div style="margin-bottom:3pt;text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:120%">______________________</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:6.5pt;font-weight:400;line-height:115%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:115%"> For a reconciliation of non-GAAP financial measures to their corresponding GAAP measures, please refer to the reconciliation tables in the section titled &#8220;Non-GAAP Financial Measures.&#8221;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, many of the costs and expenses that may be incurred in the future. We have provided a reconciliation of GAAP to non-GAAP financial measures for the third quarter and year-to-date periods in the reconciliation tables at the end of this letter.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%;text-decoration:underline">OPERATING METRICS</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Connected Fitness Subscriptions</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We ended the quarter with 2.96 million Connected Fitness subscriptions, representing 195 thousand net adds in the quarter and 42% year-over-year growth.  Drivers of outperformance vs. our forecast included strong consumer response to our &#8220;Treat Yourself, </font></div><div style="height:27pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:133%">3</font></div></div></div><hr style="page-break-after:always"><div style="min-height:27pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Treat Your Friends&#8221; promotion, shorter order-to-delivery windows, and secondary market subscription activations.  Hardware sales mix came in as anticipated, with roughly half of our Tread unit sales going to existing Peloton All-Access Membership households.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Churn &#38; Engagement</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Average Net Monthly Connected Fitness Churn for the quarter was 0.75%.  Average Monthly Workouts per Connected Fitness Subscription was 18.8 in the quarter, up 21% sequentially, down 28% vs. last year&#8217;s Covid-impacted result, and up 6% vs. Q3 FY20, which included a partial benefit from the Covid-related engagement surge.   </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Peloton Digital App</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Digital app subscriptions ended the quarter at 976 thousand, up 114 thousand from Q2 and 10% year-over-year.   As previously discussed, Q3 represents the strongest seasonal quarter for app sign-ups.  In the quarter, app performance also benefited from growing marketplace interest in our Peloton Corporate Wellness offering. The unaided brand awareness for our digital app in the US remains quite low at 4%, not surprising since we&#8217;re still known primarily as a stationary bike company. The app has never been a focal point of our marketing campaigns or growth strategy. We are in the process of rethinking how we go-to-market in order to accelerate its growth. This will require some reinvention on our part. The digital app needs to become the tip of the spear, so to speak, if we&#8217;re going to reach 100 million Members.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Product Highlights</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">In February, we launched Lanebreak, our first gamified workout experience for Bike and Bike+.  Lanebreak delivers high-energy workouts in an immersive, virtual world.  Each level features a unique gaming experience with distinct playlists.  To date, over half a million members have taken a Lanebreak class, and we anticipate leaning more into gaming content in response to the success of Lanebreak.  In March, we launched an Apple Watch integration for workouts on Bike, Bike+, Tread, and app, providing Members with another option to monitor their heart rate and fitness progression with Peloton&#8217;s Strive Score.  Additional software enhancements in the quarter included improved class searching and filtering as well as the introduction of the Pause feature to the Tread.  And finally, on April 5, we soft-launched our new Peloton Guide, our first connected fitness product specifically designed for strength training. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%;text-decoration:underline">FINANCIAL RESULTS</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Revenue</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Total revenue for the quarter was $964.3 million, vs. $1,262.3 million in Covid-impacted Q3 FY21.  </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Connected Fitness revenue, which includes the contribution from Precor, was $594.4 million, down 42% vs. Q3 last year.  The primary driver of the year-over-year revenue decline was a reduction in consumer demand exiting the pandemic&#8217;s peak, partially offset by the contribution of Tread sales. Connected Fitness revenue was also negatively impacted by higher than anticipated Tread+ returns totaling $18 million related to our May 2021 product recall. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">In contrast to the decline in Connected Fitness revenue, Subscription revenue of $369.9 million grew by 55% year-over-year, and represented 38.4% of total company revenues vs. 19.0% in the year ago quarter. This mix shift to high margin Subscription revenue is a long term trend in the business we are taking steps to accelerate with our hardware price changes and FaaS strategy. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Gross Profit and Margin</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Gross profit in Q3 was $184.2 million and 19.1% of revenue, representing a 59% year-over-year decline. Compared to the year ago period, our Connected Fitness gross margin was pressured by the August 2021 Peloton Bike price reduction, impact of accessory inventory write-down, higher logistics expenses per delivery, increased port and storage costs, and charges associated with the voluntary recall of our Tread+ product (approximately $19 million impact to gross profit in Q3).</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Subscription gross profit was $252.1 million in Q3, representing 63% year-over-year growth. Subscription gross margin was 68.1%, up from 64.6% in the year ago period driven by continued leveraging of fixed costs.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Operating Expenses</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Total operating expense was $920.0 million, and grew 101% year-over-year, representing 95.4% of total revenue versus the prior year period of 36.3%. The current quarter operating expense included $158.5 million in restructuring expense, $181.9 million in goodwill impairment, and $32.5 million in impairment expense and loss on disposals.  Excluding these non-recurring items, operating expense grew 19% to $547.2 million, representing 56.7% of revenue.  </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Profitability</font></div><div><font style="background-color:#ffffff;color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Net loss for Q3 was $(757.1) million, versus $(8.6) million in the year ago period. Adjusted EBITDA for the quarter was $(194.0) million, versus $63.2 million in the year ago period.  The primary drivers of the year-over-year decline were lower revenue and Connected Fitness gross margins, as well as higher operating expenses.  </font></div><div style="height:27pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:133%">4</font></div></div></div><hr style="page-break-after:always"><div style="min-height:27pt;width:100%"><div><font><br></font></div></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Liquidity</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Free cash flow (Net cash provided by (used in) operating activities less capital expenditures and internal-use software development costs) was $(746.7) million, a higher outflow than anticipated. Primary drivers of our underperformance were higher inventory payments, softer than anticipated demand (both Peloton and Precor) as well as higher detention &#38; demurrage, shipping and logistics, and storage costs. We ended Q3 with $879.3 million in cash and cash equivalents. We also have a $500 million revolving credit facility, which remains undrawn to date.  Third quarter operating cash flow was $(670.1) million. Capital expenditures and internal-use software development costs were $76.6 million in Q3, the majority of which were related to construction of Peloton Output Park in Troy Township, Ohio which we expect to recoup later this calendar year upon sale of that facility.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%;text-decoration:underline">FY 2022 Q4 OUTLOOK</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.479%"><tr><td style="width:1.0%"></td><td style="width:34.371%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.109%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.454%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.109%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.454%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.109%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.454%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.109%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.454%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.109%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.454%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.114%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">4Q FY'22 Range</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">% Change (Midpoint)</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">User Metrics (in millions)</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">4Q FY'21</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3Q FY'22</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Low</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">High</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Y&#47;Y</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Q&#47;Q</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Ending Connected Fitness Subscriptions</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.33</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.96</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.98</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.98</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1%</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Financial Results (dollars in millions)</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total Revenue</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$937</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$964</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$675</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$700</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(27)%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(29)%</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total Gross Margin</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#126;31%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#126;31%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">393 bps</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,163 bps</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$(45)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$(194)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$(120)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$(115)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(160)%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted EBITDA Margin</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5)%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(20)%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(18)%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(16)%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,296) bps</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">355 bps</font></td></tr></table></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Our Q4 outlook reflects softer demand vs. our February forecast, partially offset by accelerated sales we&#8217;ve seen as a result of our recent hardware price reductions.  Our Q4 ending CF subscriber forecast of approximately 2.98 million incorporates a modest negative impact from our Subscription pricing increase starting June 1. As anticipated, we have seen a small increase to cancellations due to the Connected Fitness subscription price increase announcement, but we expect the impact to moderate as we progress through FY23. We forecast total revenue of $675 million to $700 million in Q4.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We expect an overall gross margin of approximately 31% for Q4. CF margin in the quarter will be significantly impacted by recent pricing changes and continued headwinds in freight, storage, and logistics due to the reduction in our demand outlook.  We expect headwinds in freight to largely abate in FY23 and storage costs to come down as we move through FY23, resulting in a positive CF margin profile next fiscal year.  We continue to expect leveraging of fixed costs in our Subscription margin in Q4 and a small positive impact from the Subscription pricing change. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We expect Adjusted EBITDA of approximately $(120) million to $(115) million in Q4, largely reflecting lower pricing and demand and continued headwinds in freight and storage costs. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We expect FCF to be meaningfully better in Q4 vs. Q3.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%;text-decoration:underline">Webcast</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We will host a Q&#38;A session at 8&#58;30am ET on Tuesday, May 10th, 2022 to discuss our financial results. To participate in the live call, please dial 1 (866) 777 2509 (US &#47; Canada) or 1 412 317 5413 (international). A live webcast of the call will be available at https&#58;&#47;&#47;investor.onepeloton.com&#47;investor-relations and will be archived on our site following the call. </font></div><div><font><br></font></div><div style="height:27pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:133%">5</font></div></div></div><hr style="page-break-after:always"><div style="min-height:27pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%;text-decoration:underline">Safe Harbor Statement </font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:112%">This shareholder letter contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this shareholder letter other than statements of historical fact, including, without limitation, statements regarding our expected financial results for the fourth quarter and fiscal year of our fiscal 2022&#59; our execution and timing of and the expected benefits and cost savings from our restructuring initiative and cost saving measures&#59; our supply chain management initiatives&#59; details regarding and the timing of the launch of new products and services&#59; the prices of our products and services in the future&#59; our future operating results and financial position&#59; our profitability&#59; our objectives for future operations&#59; statements regarding our future performance and our market opportunity. The words &#8220;believe,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;estimate,&#8221; &#8220;potential,&#8221; &#8220;continue,&#8221; &#8220;anticipate,&#8221; &#8220;intend,&#8221; &#8220;expect,&#8221; &#8220;could,&#8221; &#8220;would,&#8221; &#8220;project,&#8221; &#8220;plan,&#8221; &#8220;target,&#8221; and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:112%">We have based these forward-looking statements on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions and other important factors that could cause actual results to differ materially from those stated, including, without limitation&#58; our ability to achieve and maintain future profitability&#59; our ability to attract and maintain Subscribers&#59; our ability to effectively manage our growth&#59; our ability to accurately forecast consumer demand of our products and services and adequately maintain our inventory&#59; our ability to execute and achieve the benefits of our restructuring initiative and other cost saving measures&#59; our ability to anticipate consumer preferences and successfully develop and introduce new products and services in a timely manner, or effectively manage the introduction of new or enhanced products and services or the way in which such products and services are offered&#59; our ability to anticipate appropriate pricing levels for our Connected Fitness Products and subscriptions&#59; demand for our products and services and growth of the connected fitness products industry&#59; our ability to predict our long-term performance and declines in our revenue growth as our business matures&#59; the direct and indirect impacts to our business and financial performance from the COVID-19 pandemic&#59; the effects of increased competition in our markets and our ability to compete effectively&#59; our reliance on and our ability to partner with third parties such as music licensors, service providers, and suppliers&#59; declines in sales of our Bike and Bike+&#59; our reliance on and lack of control over third-party suppliers, contract manufacturers and logistics partners for our Connected Fitness Products&#59; our dependence on third-party licenses for use of music in our content&#59; actual or perceived defects in, or safety of, our products, including any impact of product recalls or legal or regulatory claims, proceedings or investigations involving our products&#59;  our ability to maintain, protect, and enhance our intellectual property&#59; our ability to stay in compliance with laws and regulations that currently apply or become applicable to our business both in the United States and internationally&#59; and those risks and uncertainties described in the sections titled &#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations&#8221; in Part I, Item 2 and &#8220;Risk Factors&#8221; in Part II, Item 1A of our Quarterly Reports on Form 10-Q for the quarterly periods ended December 31, 2021 and March 31, 2022, as such factors may be updated in our filings with the Securities and Exchange Commission, which are available on the Investor Relations page of our website at https&#58;&#47;&#47;investor.onepeloton.com&#47;investor-relations and on the SEC website at www.sec.gov.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">You should not rely upon forward-looking statements as predictions of future events. The events and circumstances reflected in the forward-looking statements may not be achieved or occur. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, performance, or achievements. Our forward-looking statements speak only as of the date of this shareholder letter, and we undertake no obligation to update any of these forward-looking statements for any reason after the date of this shareholder letter or to conform these statements to actual results or revised expectations, except as required by law.</font></div><div style="height:27pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:133%">6</font></div></div></div><hr style="page-break-after:always"><div style="min-height:27pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%;text-decoration:underline">FINANCIAL TABLES</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">CONDENSED CONSOLIDATED BALANCE SHEETS </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">(in millions, except share and per share amounts)</font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.525%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.526%"></td><td style="width:0.1%"></td></tr><tr style="height:14pt"><td colspan="3" rowspan="2" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">June 30,</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td></tr><tr><td colspan="3" style="padding:0 1pt 0 10pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(unaudited)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">ASSETS</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current assets&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">879.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,134.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marketable securities</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">472.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts receivable, net </font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">74.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Inventories, net</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,410.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">937.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prepaid expenses and other current assets</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">207.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">202.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 52.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total current assets</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,571.3&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,818.1&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Property and equipment, net</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">754.0&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">591.9&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Intangible assets, net</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">218.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">247.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goodwill</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">210.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Restricted cash</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">86.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating lease right-of-use assets, net</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">703.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">580.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other assets</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 52.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total assets</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,414.8&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 5.5pt 0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,485.6&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">LIABILITIES AND STOCKHOLDERS&#8217; EQUITY</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current liabilities&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 5.5pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts payable and accrued expenses</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">716.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">989.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer deposits and deferred revenue</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">211.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">164.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating lease liabilities, current</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">87.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other current liabilities</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 5.5pt 0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total current liabilities</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,031.3&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,243.0&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Convertible senior notes, net</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">855.3&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 10pt 0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">829.8&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating lease liabilities, non-current</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">736.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 10pt 0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">620.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other non-current liabilities</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 10pt 0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total liabilities</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,661.8&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,731.5&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commitments and contingencies (Note 10)</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 5.5pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 5.5pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 5.5pt 0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stockholders&#8217; equity</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common stock, $0.000025 par value&#59; 2,500,000,000 and 2,500,000,000 Class A shares authorized, 307,006,294 and 270,855,356 shares issued and outstanding as of March&#160;31, 2022 and June&#160;30, 2021, respectively&#59; 2,500,000,000 and 2,500,000,000 Class B shares authorized, 30,103,216 and 29,291,774 shares issued and outstanding as of March&#160;31, 2022 and June&#160;30, 2021, respectively.</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Additional paid-in capital</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,197.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,618.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accumulated other comprehensive income</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accumulated deficit</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,455.3)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(883.0)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 52pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total stockholders&#8217; equity</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,753.0&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,754.1&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 14.5pt;text-align:left;text-indent:-11.25pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total liabilities and stockholders&#8217; equity</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,414.8&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,485.6&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:27pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:133%">7</font></div></div></div><hr style="page-break-after:always"><div style="min-height:27pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME (unaudited)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">(in millions, except share and per share amounts)</font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:46.946%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.401%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Nine Months Ended March 31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenue&#58;   </font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 7.75pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 7.75pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 7.75pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 7.75pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 7.75pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 7.75pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 7.75pt 0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Connected Fitness Products   </font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">594.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,022.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,891.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,494.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subscription   </font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">369.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">239.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,011.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">590.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total revenue</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">964.3&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,262.3&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,903.4&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,085.0&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cost of revenue&#58;   </font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Connected Fitness Products   </font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">662.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">732.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,848.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,659.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subscription   </font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">327.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">227.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total cost of revenue</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">780.1&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">817.4&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,175.3&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,886.6&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross profit   </font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">184.2&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">444.9&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">728.2&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,198.4&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating expenses&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Sales and marketing</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">227.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">860.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">500.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General and administrative</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">242.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">180.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">731.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">430.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Research and development   </font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">77.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">69.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">274.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">153.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goodwill impairment</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">181.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">181.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Impairment expense and loss on disposals on long-lived assets</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Restructuring expense</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">158.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">158.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 48.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total operating expenses   </font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">920.0&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">458.6&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,249.4&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,084.4&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Loss) income from operations   </font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(735.8)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13.7)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,521.2)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other expense, net&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest expense</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9.1)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4.9)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(26.5)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5.7)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest income</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign exchange losses</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11.5)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(0.7)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(19.1)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1.5)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other income, net </font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 36.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total other expense, net</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(19.2)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4.0)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(43.8)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(0.5)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Loss) income before provision for income taxes   </font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(755.0)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(17.7)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,565.0)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113.4&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income tax expense (benefit)</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9.1)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(10.8)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(757.1)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8.6)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,572.4)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">124.2&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net (loss) income attributable to Class A and Class B common stockholders</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(757.1)</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8.6)</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,572.4)</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">124.2&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net (loss) income per share attributable to common stockholders, basic</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2.27)</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(0.03)</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4.96)</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.43&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net (loss) income per share attributable to common stockholders, diluted</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2.27)</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(0.03)</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4.96)</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.36&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted-average Class A and Class B common shares outstanding, basic</font></td><td colspan="2" style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">333,864,579&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">295,646,824&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">317,245,844&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">292,276,299&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted-average Class A and Class B common shares outstanding, diluted</font></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">333,864,579&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">295,646,824&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">317,245,844&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">348,094,379&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other comprehensive (loss) income&#58;</font></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net unrealized losses on marketable securities</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(0.6)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(0.4)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3.2)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in foreign currency translation adjustment</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5.6)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2.0)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3.5)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative adjustments&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net unrealized loss on hedging derivatives</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3.6)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4.7)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reclassification for derivative adjustments included in Net (loss) income</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total other comprehensive (loss) income</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7.9)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2.6)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7.8)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.0&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Comprehensive (loss) income</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(765.0)</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11.2)</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,580.2)</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">128.2&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:27pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:133%">8</font></div></div></div><hr style="page-break-after:always"><div style="min-height:27pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">(in millions)</font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.525%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.526%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Nine Months Ended March 31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash Flows from Operating Activities&#58;</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,572.4)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">124.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization expense</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stock-based compensation expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">241.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">108.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Non-cash operating lease expense</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">44.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amortization of premium from marketable securities</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amortization of debt discount and issuance costs</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Impairment expense and loss on disposals on long-lived assets</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goodwill impairment</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">181.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net foreign currency adjustments</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Changes in operating assets and liabilities&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts receivable</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3.6)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Inventories</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(473.3)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(363.7)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prepaid expenses and other current assets</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(40.5)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(34.7)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other assets</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6.6)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13.7)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts payable and accrued expenses</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(260.4)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">444.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer deposits and deferred revenue</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">46.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2.0)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating lease liabilities, net</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(49.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9.8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other liabilities</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1.6)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 73pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash (used in) provided by operating activities</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,677.8)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">359.3&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash Flows from Investing Activities&#58;</font></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Purchases of marketable securities</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(449.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maturities of marketable securities</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">211.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">517.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Sales of marketable securities</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">306.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Purchases of property and equipment</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(243.6)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(167.9)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Business combinations, net of cash acquired</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11.0)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(57.7)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Asset acquisitions, net of cash acquired</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(16.0)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(78.1)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Internal-use software costs</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(24.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5.0)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 73pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash provided by (used in) investing activities</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">223.0&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(233.4)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash Flows from Financing Activities&#58;</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from public offering, net of issuance costs</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,218.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from issuance of convertible notes, net of issuance costs</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">977.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Purchase of capped calls</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(81.3)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from employee stock purchase plan withholdings</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from exercise of stock options</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">76.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Taxes withheld and paid on employee stock awards</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(53.9)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Principal repayments of finance leases</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1.3)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(0.7)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 73pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash provided by financing activities</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,309.0&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">890.5&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Effect of exchange rate changes</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(23.6)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.1&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net change in cash, cash equivalents, and restricted cash</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(169.4)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,020.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash, cash equivalents, and restricted cash &#8212; Beginning of period</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,135.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,037.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash, cash equivalents, and restricted cash &#8212; End of period</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">966.2&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,057.4&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td></tr></table></div><div style="height:27pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:133%">9</font></div></div></div><hr style="page-break-after:always"><div style="min-height:27pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.525%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.526%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Supplemental Disclosures of Cash Flow Information&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash paid for interest</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash paid for income taxes</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13.7&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.9&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Supplemental Disclosures of Non-Cash Investing and Financing Information&#58;</font></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Property and equipment accrued but unpaid</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stock-based compensation capitalized for software development costs</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.0&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.1&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:center"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:174%;text-decoration:underline">NON-GAAP FINANCIAL MEASURES</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">In addition to our results determined in accordance with accounting principles generally accepted in the United States, or GAAP, we believe the following non-GAAP financial measures are useful in evaluating our operating performance. These non-GAAP financial measures have limitations as analytical tools in that they do not reflect all of the amounts associated with our results of operations as determined in accordance with GAAP. Because of these limitations, Adjusted EBITDA, Adjusted EBITDA Margin, Subscription Contribution, Subscription Contribution Margin, and Free Cash Flow should be considered along with other operating and financial performance measures presented in accordance with GAAP.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with GAAP. Investors are encouraged to review the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures. A reconciliation of the non-GAAP financial measures to such GAAP measures can be found below.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A reconciliation of the Company&#8217;s Adjusted EBITDA and Adjusted EBITDA margin guidance to the most directly comparable GAAP financial measures cannot be provided without unreasonable efforts and is not provided herein because of the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliations, including net income (loss) and adjustments that are made for depreciation and amortization expense, stock-based compensation expense, restructuring expense, goodwill impairment, impairment expense and loss on disposals, product recalls, litigation and settlement expenses  and other adjustments reflected in our reconciliation of historical Adjusted EBITDA, the amounts of which could be material.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Adjusted EBITDA and Adjusted EBITDA Margin</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Adjusted EBITDA and Adjusted EBITDA Margin are key performance measures that our management uses to assess our operating performance and the operating leverage in our business. Because Adjusted EBITDA and Adjusted EBITDA Margin facilitate internal comparisons of our historical operating performance on a more consistent basis, we use these measures for business planning purposes. We also believe this information will be useful for investors to facilitate comparisons of our operating performance and better identify trends in our business. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="background-color:#ffffff;color:#050505;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We calculate Adjusted EBITDA as net (loss) income adjusted to exclude&#58; other expense (income), net&#59; income tax expense (benefit)&#59; depreciation and amortization expense&#59; stock-based compensation expense&#59; impairment expense&#59; product recall costs&#59; litigation and settlement expenses&#59; transaction and integration costs&#59; reorganization, severance, exit, disposal and other costs associated with restructuring plans&#59; and other adjustment items that arise outside the ordinary course of our business. Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA by total revenue.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:27pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:133%">10</font></div></div></div><hr style="page-break-after:always"><div style="min-height:27pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents a reconciliation of Adjusted EBITDA to net (loss) income, the most directly comparable financial measure prepared in accordance with GAAP, for each of the periods indicated&#58;</font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:33.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.316%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.316%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.316%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.320%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.316%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.316%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.322%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Nine Months Ended March 31,</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended</font></td></tr><tr><td colspan="3" style="padding:0 1pt"><div><font><br></font></div></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31, 2021</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">June 30, 2021</font></td></tr><tr><td colspan="3" style="padding:0 1pt"><div><font><br></font></div></td><td colspan="33" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(dollars in millions)</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(757.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8.6)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,572.4)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">124.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(439.4)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(313.2)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted to exclude the following&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other expense, net</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income tax expense (benefit)</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9.1)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(10.8)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stock-based compensation expense</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">72.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">197.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">108.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">85.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Restructuring expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">158.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">158.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goodwill impairment</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">181.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">181.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Impairment expense and loss on disposals</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Product recalls </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Litigation and settlement expenses </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</font></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Transaction and integration costs</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> (3)</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other adjustment items </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(4)</font></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(194.0)</font></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">63.2&#160;</font></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(694.2)</font></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">299.1&#160;</font></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(266.5)</font></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(45.1)</font></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted EBITDA Margin</font></td><td colspan="2" style="border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(20.1)</font></td><td style="border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.0&#160;</font></td><td style="border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(23.9)</font></td><td style="border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.7&#160;</font></td><td style="border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(23.5)</font></td><td style="border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4.8)</font></td><td style="border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr></table></div><div style="margin-bottom:10pt;text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:120%">______________________</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> Represents adjustments and charges associated with the Tread and Tread+ product recall, as well as accrual adjustments. These include a reduction to Connected Fitness Products revenue for actual and estimated future returns of $17.5 million and $36.3 million, recorded costs in Connected Fitness Products cost of revenue associated with inventory write-downs and logistic costs of $2.0 million and $7.6 million, and operating expenses of $2.0 million and $5.0 million associated with recall-related hardware development costs, in each case for the three and nine months ended March&#160;31, 2022, respectively. For the three months ended December&#160;31, 2021, these include a reduction to Connected Fitness Products revenue for actual and estimated future returns of $7.4 million, recorded costs in Connected Fitness Products cost of revenue associated with inventory write-downs and logistic costs of $5.2 million, and operating expenses of $2.1 million associated with recall-related hardware development costs. For the three months ended June&#160;30, 2021, these include a reduction to Connected Fitness Products revenue for actual and estimated future returns of $81.1 million and recorded costs in Connected Fitness products cost of revenue associated with inventory write-downs, logistic costs, and repair costs of $15.7 million and operating expenses of $3.2 million associated with subscription wavers and recall-related hardware development. </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.2pt;font-weight:400;line-height:133%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:133%"> Includes litigation-related expenses for certain non-recurring patent infringement litigation, consumer arbitration, and product recalls for the three and nine months ended March&#160;31, 2022, as well as the three months ended December&#160;31, 2021 and June&#160;30, 2021.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.2pt;font-weight:400;line-height:133%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:133%"> Includes transaction and integration costs primarily associated with the acquisition and integration of Precor Fitness for the three and nine months ended March&#160;31, 2022 and March&#160;31, 2021, as well as the three months ended December&#160;31, 2021 and June&#160;30, 2021.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.2pt;font-weight:400;line-height:133%;position:relative;top:-2.8pt;vertical-align:baseline">(4)</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:133%"> Includes short-term non-cash purchase accounting adjustment amortization of $1.9 million for the nine months ended March 31, 2022. Includes incremental costs associated with COVID-19 of zero and $5.9 million, respectively, and asset impairment charges of $3.3 million for each of the three and nine months ended March&#160;31, 2021. For the three months ended December&#160;31, 2021, includes gains (losses) on disposal of fixed assets of $1.7 million and costs associated with restructuring plans of $1.0 million. For the three months ended June&#160;30, 2021, includes short-term purchase accounting adjustments of $4.6 million, asset impairment charges of $1.1 million, and restructuring costs of $4.0 million.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Subscription Contribution and Subscription Contribution Margin</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We use Subscription Contribution and Subscription Contribution Margin to measure our ability to scale and leverage the costs of our Connected Fitness Subscriptions. The continued growth of our Connected Fitness Subscription base will allow us to improve our Subscription Contribution Margin. While there are variable costs, including music royalties, associated with our Connected Fitness Subscriptions, a significant portion of our content creation costs are fixed given that we operate with a limited number of production studios and instructors. The fixed nature of those expenses should scale over time as we grow our Connected Fitness Subscription base.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We believe that these non-GAAP financial measures are useful to investors for period-to-period comparisons of our business and in understanding and evaluating our operating results because our management uses Subscription Contribution and Subscription Contribution Margin in conjunction with financial measures prepared in accordance with GAAP for planning purposes, including the preparation of our annual operating budget, as a measure of our core operating results and the effectiveness of our business strategy, and in evaluating our financial performance.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:27pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:133%">11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:27pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We define Subscription Contribution as Subscription revenue less cost of Subscription revenue, adjusted to exclude from cost of Subscription revenue, depreciation and amortization expense, and stock-based compensation expense. Subscription Contribution Margin is calculated by dividing Subscription Contribution by Subscription revenue.</font></div><div style="text-align:justify"><font><br></font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The following table presents a reconciliation of Subscription Contribution to subscription gross profit, the most directly comparable financial measure prepared in accordance with GAAP, for each of the periods indicated&#58;</font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:33.795%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.401%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"><div><font><br></font></div></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Nine Months Ended March 31,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended December 31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"><div><font><br></font></div></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td></tr><tr><td colspan="3" style="padding:0 1pt"><div><font><br></font></div></td><td colspan="27" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(dollars in millions)</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subscription Revenue</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">369.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">239.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,011.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">590.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">337.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less&#58; Cost of Subscription </font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">327.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">227.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">108.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subscription Gross Profit</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">252.1&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">154.5&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">684.4&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">363.6&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">229.3&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subscription Gross Margin</font></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68.1&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">64.6&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">67.7&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61.6&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">67.9&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Add back&#58;</font></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization expense</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stock-based compensation expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subscription Contribution</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">265.2&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">163.7&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">718.1&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">391.3&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">240.9&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subscription Contribution Margin</font></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71.7&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68.4&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71.0&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66.3&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71.4&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Free Cash Flow</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We define Free Cash Flow as Net cash provided by (used in) operating activities less capital expenditures and internal-use software development costs. Free cash flow reflects an additional way of viewing our liquidity that, we believe, when viewed with our GAAP results, provides management, investors and other users of our financial information with a more complete understanding of factors and trends affecting our cash flows.</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:133%">The use of Free Cash Flow as an analytical tool has limitations due to the fact that it does not represent the residual cash flow available for discretionary expenditures. For example, Free Cash Flow does not incorporate payments made for purchases of marketable securities, business combinations and asset acquisitions. Because of these limitations, Free Cash Flow should be considered along with other operating and financial performance measures presented in accordance with GAAP.</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:133%">The following table presents a reconciliation of Free Cash Flow to Net cash provided by (used in) operating activities, the most directly comparable financial measure prepared in accordance with GAAP, for each of the periods indicated&#58;</font></div><div style="text-align:center"><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:33.795%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.451%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.401%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Nine Months Ended March 31,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended December 31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="27" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(in millions)</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash (used in) provided by operating activities</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(670.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(151.2)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,677.8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">359.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(446.6)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Purchases of property and equipment</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(65.2)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(48.5)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(243.6)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(167.9)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(91.2)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Internal-use software costs</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11.4)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4.2)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(24.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5.0)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8.8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Free Cash Flow</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(746.7)</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(204.0)</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,945.5)</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">186.4&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(546.7)</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:27pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:133%">12</font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>3
<FILENAME>pton-20220510.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2022 Workiva-->
<!--r:805e6360-316d-4104-868e-49cc0f36252e,g:33861882-b539-4501-9087-f78d1a292f39-->
<xs:schema xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:pton="http://www.onepeloton.com/20220510" attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.onepeloton.com/20220510">
  <xs:import namespace="http://www.w3.org/1999/xlink" schemaLocation="http://www.xbrl.org/2003/xlink-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/dei/2021" schemaLocation="https://xbrl.sec.gov/dei/2021/dei-2021.xsd"/>
  <xs:annotation>
    <xs:appinfo>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="pton-20220510_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="pton-20220510_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="pton-20220510_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:type="simple"/>
      <link:roleType id="CoverPage" roleURI="http://www.onepeloton.com/role/CoverPage">
        <link:definition>0001001 - Document - Cover Page</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xs:appinfo>
  </xs:annotation>
</xs:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>4
<FILENAME>pton-20220510_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2022 Workiva-->
<!--r:805e6360-316d-4104-868e-49cc0f36252e,g:33861882-b539-4501-9087-f78d1a292f39-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/all" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member"/>
  <link:roleRef roleURI="http://www.onepeloton.com/role/CoverPage" xlink:type="simple" xlink:href="pton-20220510.xsd#CoverPage"/>
  <link:definitionLink xlink:role="http://www.onepeloton.com/role/CoverPage" xlink:type="extended" id="i1db74dcb5ddf4522ae3f9691051f2c07_CoverPage">
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentInformationLineItems"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_f3445f89-49f6-4156-97ff-b54216e1d684" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentType"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_DocumentType_f3445f89-49f6-4156-97ff-b54216e1d684" xlink:type="arc" order="0"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_8184cbb4-6366-43dc-b632-be365c21a97c" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentPeriodEndDate"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_DocumentPeriodEndDate_8184cbb4-6366-43dc-b632-be365c21a97c" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_eed2f9eb-83ac-4ec4-a0f0-d2b91148bb90" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityRegistrantName"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityRegistrantName_eed2f9eb-83ac-4ec4-a0f0-d2b91148bb90" xlink:type="arc" order="2"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_718cb51a-143f-4336-bae2-aca12a560d78" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityIncorporationStateCountryCode_718cb51a-143f-4336-bae2-aca12a560d78" xlink:type="arc" order="3"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_b1db973f-d632-4542-ae92-11d47a449adc" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityFileNumber"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityFileNumber_b1db973f-d632-4542-ae92-11d47a449adc" xlink:type="arc" order="4"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_125ceabd-6622-4d69-a175-ff32d94c1191" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityTaxIdentificationNumber_125ceabd-6622-4d69-a175-ff32d94c1191" xlink:type="arc" order="5"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_41d05916-123c-4738-83ce-5130947d7e26" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressAddressLine1"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityAddressAddressLine1_41d05916-123c-4738-83ce-5130947d7e26" xlink:type="arc" order="6"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_7c8b1497-a886-477b-95a0-0bc137d0709e" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressCityOrTown"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityAddressCityOrTown_7c8b1497-a886-477b-95a0-0bc137d0709e" xlink:type="arc" order="7"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_87cb95d3-75e3-4ceb-8fca-6cdde2b2179f" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressStateOrProvince"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityAddressStateOrProvince_87cb95d3-75e3-4ceb-8fca-6cdde2b2179f" xlink:type="arc" order="8"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_45b3b889-59f6-4895-85bd-9822c3d85ea5" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressPostalZipCode"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityAddressPostalZipCode_45b3b889-59f6-4895-85bd-9822c3d85ea5" xlink:type="arc" order="9"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_db774b83-3c16-4097-9bbf-9935c3e3a4f3" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CityAreaCode"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_CityAreaCode_db774b83-3c16-4097-9bbf-9935c3e3a4f3" xlink:type="arc" order="10"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_27d08048-fb50-4fef-b61c-46060181abb5" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_LocalPhoneNumber"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_LocalPhoneNumber_27d08048-fb50-4fef-b61c-46060181abb5" xlink:type="arc" order="11"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_7286cd93-bb32-45c0-b4d7-c39aa161d7cd" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_WrittenCommunications"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_WrittenCommunications_7286cd93-bb32-45c0-b4d7-c39aa161d7cd" xlink:type="arc" order="12"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_16eb8c44-fce6-4ea5-8d0f-ef82615708fc" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SolicitingMaterial"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_SolicitingMaterial_16eb8c44-fce6-4ea5-8d0f-ef82615708fc" xlink:type="arc" order="13"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_9be4cf0f-ea33-4d45-ab24-bcbf9c24905f" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementTenderOffer"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_PreCommencementTenderOffer_9be4cf0f-ea33-4d45-ab24-bcbf9c24905f" xlink:type="arc" order="14"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_3f0e6e33-c598-4310-86d9-b5352df87091" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_3f0e6e33-c598-4310-86d9-b5352df87091" xlink:type="arc" order="15"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_891094e2-48d2-4cb1-ac4b-8ebda500c89a" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_Security12bTitle"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_Security12bTitle_891094e2-48d2-4cb1-ac4b-8ebda500c89a" xlink:type="arc" order="16"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_dc0febc7-5440-4757-8a60-0ba395f23e1c" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_TradingSymbol"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_TradingSymbol_dc0febc7-5440-4757-8a60-0ba395f23e1c" xlink:type="arc" order="17"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_a689460e-16eb-41f6-a42f-0453f9dce735" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SecurityExchangeName"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_SecurityExchangeName_a689460e-16eb-41f6-a42f-0453f9dce735" xlink:type="arc" order="18"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_c293f030-0ec6-4044-a4e4-9965a0a3d97b" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityEmergingGrowthCompany_c293f030-0ec6-4044-a4e4-9965a0a3d97b" xlink:type="arc" order="19"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_84bf72bc-2f88-40ba-936e-b52b40041b0b" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityCentralIndexKey"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityCentralIndexKey_84bf72bc-2f88-40ba-936e-b52b40041b0b" xlink:type="arc" order="20"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_b2d7ce6c-949c-475f-bd0a-64144b6c73c1" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AmendmentFlag"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_AmendmentFlag_b2d7ce6c-949c-475f-bd0a-64144b6c73c1" xlink:type="arc" order="21"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationTable_d883d7a6-613e-437e-a92e-f34f44724c3d" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentInformationTable"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_DocumentInformationTable_d883d7a6-613e-437e-a92e-f34f44724c3d" xlink:type="arc" order="1" xbrldt:closed="true" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressesAddressTypeAxis_512197e1-54b4-4ed0-bc1a-c4c62d7c0ce4" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressesAddressTypeAxis"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_dei_DocumentInformationTable_d883d7a6-613e-437e-a92e-f34f44724c3d" xlink:to="loc_dei_EntityAddressesAddressTypeAxis_512197e1-54b4-4ed0-bc1a-c4c62d7c0ce4" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AddressTypeDomain_512197e1-54b4-4ed0-bc1a-c4c62d7c0ce4_default" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AddressTypeDomain"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_dei_EntityAddressesAddressTypeAxis_512197e1-54b4-4ed0-bc1a-c4c62d7c0ce4" xlink:to="loc_dei_AddressTypeDomain_512197e1-54b4-4ed0-bc1a-c4c62d7c0ce4_default" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AddressTypeDomain_d5d86ef6-059f-4392-b5c4-1236dc0b812d" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AddressTypeDomain"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_dei_EntityAddressesAddressTypeAxis_512197e1-54b4-4ed0-bc1a-c4c62d7c0ce4" xlink:to="loc_dei_AddressTypeDomain_d5d86ef6-059f-4392-b5c4-1236dc0b812d" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_FormerAddressMember_f1ebcc80-abf9-426c-b72c-07f1e1d6e156" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_FormerAddressMember"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_AddressTypeDomain_d5d86ef6-059f-4392-b5c4-1236dc0b812d" xlink:to="loc_dei_FormerAddressMember_f1ebcc80-abf9-426c-b72c-07f1e1d6e156" xlink:type="arc" order="0"/>
  </link:definitionLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>5
<FILENAME>pton-20220510_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2022 Workiva-->
<!--r:805e6360-316d-4104-868e-49cc0f36252e,g:33861882-b539-4501-9087-f78d1a292f39-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_dei_EntityAddressStateOrProvince_16bd2844-2018-4870-ab04-8bd580a41fb6_terseLabel_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:label id="lab_dei_EntityAddressStateOrProvince_label_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressStateOrProvince"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressStateOrProvince" xlink:to="lab_dei_EntityAddressStateOrProvince" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_89d42265-d429-4a83-84a2-68fb504b741e_terseLabel_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_label_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityTaxIdentificationNumber" xlink:to="lab_dei_EntityTaxIdentificationNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentInformationLineItems_51c66d66-f5ee-4070-93ca-2dc98b656d73_terseLabel_en-US" xlink:label="lab_dei_DocumentInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Information [Line Items]</link:label>
    <link:label id="lab_dei_DocumentInformationLineItems_label_en-US" xlink:label="lab_dei_DocumentInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Information [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationLineItems" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentInformationLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationLineItems" xlink:to="lab_dei_DocumentInformationLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_Security12bTitle_27083ab4-7915-4ef8-91b5-c0e622a35a57_terseLabel_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:label id="lab_dei_Security12bTitle_label_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_Security12bTitle"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle" xlink:to="lab_dei_Security12bTitle" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityFileNumber_84b3bebb-0dd7-42cf-a4e8-1a6ed2b2a6fa_terseLabel_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity File Number</link:label>
    <link:label id="lab_dei_EntityFileNumber_label_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity File Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityFileNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber" xlink:to="lab_dei_EntityFileNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_WrittenCommunications_fb3e4d8c-2856-4734-a4cb-fa099475d8d8_terseLabel_en-US" xlink:label="lab_dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Written Communications</link:label>
    <link:label id="lab_dei_WrittenCommunications_label_en-US" xlink:label="lab_dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Written Communications</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_WrittenCommunications"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_WrittenCommunications" xlink:to="lab_dei_WrittenCommunications" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentInformationTable_59ff656e-6e4f-4ea3-8d44-c8237035ce0a_terseLabel_en-US" xlink:label="lab_dei_DocumentInformationTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Information [Table]</link:label>
    <link:label id="lab_dei_DocumentInformationTable_label_en-US" xlink:label="lab_dei_DocumentInformationTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Information [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationTable" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentInformationTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationTable" xlink:to="lab_dei_DocumentInformationTable" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_51c16032-4c87-44ea-bab8-5525f5f25580_terseLabel_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_label_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany" xlink:to="lab_dei_EntityEmergingGrowthCompany" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SolicitingMaterial_afc50bb2-ae81-41c7-a04d-49d870b08f09_terseLabel_en-US" xlink:label="lab_dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Soliciting Material</link:label>
    <link:label id="lab_dei_SolicitingMaterial_label_en-US" xlink:label="lab_dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Soliciting Material</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SolicitingMaterial"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SolicitingMaterial" xlink:to="lab_dei_SolicitingMaterial" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AddressTypeDomain_a95bccd5-d993-4892-ac96-d7b26b61deeb_terseLabel_en-US" xlink:label="lab_dei_AddressTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Address Type [Domain]</link:label>
    <link:label id="lab_dei_AddressTypeDomain_label_en-US" xlink:label="lab_dei_AddressTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Address Type [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AddressTypeDomain" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AddressTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AddressTypeDomain" xlink:to="lab_dei_AddressTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CityAreaCode_7d5a928d-e22d-462a-b7bd-efa0edc6e967_terseLabel_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">City Area Code</link:label>
    <link:label id="lab_dei_CityAreaCode_label_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">City Area Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CityAreaCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode" xlink:to="lab_dei_CityAreaCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_53968253-d9ae-4922-9beb-fd7825ae53d7_terseLabel_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_label_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode" xlink:to="lab_dei_EntityIncorporationStateCountryCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressAddressLine1_0b1b31f7-0de8-479f-9b74-62d2e77b5a8c_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine1_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressAddressLine1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_LocalPhoneNumber_01b36d4d-1ea9-4f3f-b6b3-bab2abdaffe0_terseLabel_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Local Phone Number</link:label>
    <link:label id="lab_dei_LocalPhoneNumber_label_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Local Phone Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_LocalPhoneNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber" xlink:to="lab_dei_LocalPhoneNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CoverAbstract_label_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CoverAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_PreCommencementTenderOffer_fdd0108f-2d31-468d-bfd0-9cbb2e8c69a9_terseLabel_en-US" xlink:label="lab_dei_PreCommencementTenderOffer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementTenderOffer_label_en-US" xlink:label="lab_dei_PreCommencementTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementTenderOffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementTenderOffer" xlink:to="lab_dei_PreCommencementTenderOffer" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentFlag_059f1cb3-7ccb-41a5-a66d-adbe36178d70_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AmendmentFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressesAddressTypeAxis_df140de2-4e7a-4dd1-9fea-28f92d619d26_terseLabel_en-US" xlink:label="lab_dei_EntityAddressesAddressTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Addresses, Address Type [Axis]</link:label>
    <link:label id="lab_dei_EntityAddressesAddressTypeAxis_label_en-US" xlink:label="lab_dei_EntityAddressesAddressTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Addresses, Address Type [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressesAddressTypeAxis" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressesAddressTypeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressesAddressTypeAxis" xlink:to="lab_dei_EntityAddressesAddressTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_8228541b-c778-495a-8bef-4ff0a3ad1c68_terseLabel_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_label_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementIssuerTenderOffer" xlink:to="lab_dei_PreCommencementIssuerTenderOffer" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_TradingSymbol_025f652d-1364-4361-aa21-b3d815a0d28e_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Trading Symbol</link:label>
    <link:label id="lab_dei_TradingSymbol_label_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Trading Symbol</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_TradingSymbol"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol" xlink:to="lab_dei_TradingSymbol" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentPeriodEndDate_8605de74-a7a1-49c9-8a3e-a02a8e983636_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentPeriodEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentType_d95ff7bf-ec30-4286-a8a8-256bbe8ae25b_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_label_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentType"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityRegistrantName_68f05c51-4746-4412-b5bf-114502cd93e1_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityRegistrantName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_FormerAddressMember_d07512d1-3e00-4def-b61d-bb5851115660_terseLabel_en-US" xlink:label="lab_dei_FormerAddressMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Former Address</link:label>
    <link:label id="lab_dei_FormerAddressMember_label_en-US" xlink:label="lab_dei_FormerAddressMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Former Address [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_FormerAddressMember" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_FormerAddressMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_FormerAddressMember" xlink:to="lab_dei_FormerAddressMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCityOrTown_dbc1eb6e-3923-48c6-87fb-a2fbe5411599_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:label id="lab_dei_EntityAddressCityOrTown_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressCityOrTown"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown" xlink:to="lab_dei_EntityAddressCityOrTown" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressPostalZipCode_a2f0b044-6e10-4d79-9e47-38aba0284a99_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:label id="lab_dei_EntityAddressPostalZipCode_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressPostalZipCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCentralIndexKey_1178245f-d0b6-4377-9c61-cbb7bf9b15c7_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityCentralIndexKey"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SecurityExchangeName_64d0f255-178a-471d-998c-164cc2b235d1_terseLabel_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Security Exchange Name</link:label>
    <link:label id="lab_dei_SecurityExchangeName_label_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Security Exchange Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SecurityExchangeName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SecurityExchangeName" xlink:to="lab_dei_SecurityExchangeName" xlink:type="arc" order="1"/>
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>6
<FILENAME>pton-20220510_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2022 Workiva-->
<!--r:805e6360-316d-4104-868e-49cc0f36252e,g:33861882-b539-4501-9087-f78d1a292f39-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.onepeloton.com/role/CoverPage" xlink:type="simple" xlink:href="pton-20220510.xsd#CoverPage"/>
  <link:presentationLink xlink:role="http://www.onepeloton.com/role/CoverPage" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_e1dc21ef-2983-4a84-80cd-af3789c6d5a5" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationTable_d883d7a6-613e-437e-a92e-f34f44724c3d" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentInformationTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_e1dc21ef-2983-4a84-80cd-af3789c6d5a5" xlink:to="loc_dei_DocumentInformationTable_d883d7a6-613e-437e-a92e-f34f44724c3d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressesAddressTypeAxis_512197e1-54b4-4ed0-bc1a-c4c62d7c0ce4" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressesAddressTypeAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationTable_d883d7a6-613e-437e-a92e-f34f44724c3d" xlink:to="loc_dei_EntityAddressesAddressTypeAxis_512197e1-54b4-4ed0-bc1a-c4c62d7c0ce4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AddressTypeDomain_d5d86ef6-059f-4392-b5c4-1236dc0b812d" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AddressTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityAddressesAddressTypeAxis_512197e1-54b4-4ed0-bc1a-c4c62d7c0ce4" xlink:to="loc_dei_AddressTypeDomain_d5d86ef6-059f-4392-b5c4-1236dc0b812d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_FormerAddressMember_f1ebcc80-abf9-426c-b72c-07f1e1d6e156" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_FormerAddressMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_AddressTypeDomain_d5d86ef6-059f-4392-b5c4-1236dc0b812d" xlink:to="loc_dei_FormerAddressMember_f1ebcc80-abf9-426c-b72c-07f1e1d6e156" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentInformationLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationTable_d883d7a6-613e-437e-a92e-f34f44724c3d" xlink:to="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_f3445f89-49f6-4156-97ff-b54216e1d684" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_DocumentType_f3445f89-49f6-4156-97ff-b54216e1d684" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_8184cbb4-6366-43dc-b632-be365c21a97c" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_DocumentPeriodEndDate_8184cbb4-6366-43dc-b632-be365c21a97c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_eed2f9eb-83ac-4ec4-a0f0-d2b91148bb90" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityRegistrantName_eed2f9eb-83ac-4ec4-a0f0-d2b91148bb90" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_718cb51a-143f-4336-bae2-aca12a560d78" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityIncorporationStateCountryCode_718cb51a-143f-4336-bae2-aca12a560d78" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_b1db973f-d632-4542-ae92-11d47a449adc" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityFileNumber_b1db973f-d632-4542-ae92-11d47a449adc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_125ceabd-6622-4d69-a175-ff32d94c1191" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityTaxIdentificationNumber_125ceabd-6622-4d69-a175-ff32d94c1191" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_41d05916-123c-4738-83ce-5130947d7e26" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityAddressAddressLine1_41d05916-123c-4738-83ce-5130947d7e26" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_7c8b1497-a886-477b-95a0-0bc137d0709e" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityAddressCityOrTown_7c8b1497-a886-477b-95a0-0bc137d0709e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_87cb95d3-75e3-4ceb-8fca-6cdde2b2179f" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityAddressStateOrProvince_87cb95d3-75e3-4ceb-8fca-6cdde2b2179f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_45b3b889-59f6-4895-85bd-9822c3d85ea5" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityAddressPostalZipCode_45b3b889-59f6-4895-85bd-9822c3d85ea5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_db774b83-3c16-4097-9bbf-9935c3e3a4f3" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_CityAreaCode_db774b83-3c16-4097-9bbf-9935c3e3a4f3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_27d08048-fb50-4fef-b61c-46060181abb5" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_LocalPhoneNumber_27d08048-fb50-4fef-b61c-46060181abb5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_7286cd93-bb32-45c0-b4d7-c39aa161d7cd" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_WrittenCommunications"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_WrittenCommunications_7286cd93-bb32-45c0-b4d7-c39aa161d7cd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_16eb8c44-fce6-4ea5-8d0f-ef82615708fc" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SolicitingMaterial"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_SolicitingMaterial_16eb8c44-fce6-4ea5-8d0f-ef82615708fc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_9be4cf0f-ea33-4d45-ab24-bcbf9c24905f" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementTenderOffer"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_PreCommencementTenderOffer_9be4cf0f-ea33-4d45-ab24-bcbf9c24905f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_3f0e6e33-c598-4310-86d9-b5352df87091" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_3f0e6e33-c598-4310-86d9-b5352df87091" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_891094e2-48d2-4cb1-ac4b-8ebda500c89a" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_Security12bTitle_891094e2-48d2-4cb1-ac4b-8ebda500c89a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_dc0febc7-5440-4757-8a60-0ba395f23e1c" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_TradingSymbol_dc0febc7-5440-4757-8a60-0ba395f23e1c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_a689460e-16eb-41f6-a42f-0453f9dce735" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_SecurityExchangeName_a689460e-16eb-41f6-a42f-0453f9dce735" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_c293f030-0ec6-4044-a4e4-9965a0a3d97b" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityEmergingGrowthCompany_c293f030-0ec6-4044-a4e4-9965a0a3d97b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_84bf72bc-2f88-40ba-936e-b52b40041b0b" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_EntityCentralIndexKey_84bf72bc-2f88-40ba-936e-b52b40041b0b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_b2d7ce6c-949c-475f-bd0a-64144b6c73c1" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_1aa2653f-16d2-4e99-b29f-42b879d8e017" xlink:to="loc_dei_AmendmentFlag_b2d7ce6c-949c-475f-bd0a-64144b6c73c1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>screenshot2022-05x09192059.jpg
<TEXT>
begin 644 screenshot2022-05x09192059.jpg
MB5!.1PT*&@H    -24A$4@  !TD   ,K" 8    LG*J3     7-21T( KLX<
MZ0    1G04U!  "QCPO\804    )<$A9<P  #L,   [# <=OJ&0  )W8241!
M5'A>[-T%N)35WC?@_U'!0!$[,$'L!&S!%A,[,,%"Q>[N5L1""5L$5#"P6PPP
ML!,%L<7$(V(>/=]^QN7[J<< =LPS\]SW=>UKK]\:WO?,;&?/WGM^SUKK7_^M
M$0         %,47Z#        % (2E(       "@4)2D        0*$H20$
M     (!"49("        A:(D!0        I%20H        4BI(4
M*!0E*0       % H2E(       "@4)2D        0*$H20$      (!"49("
M        A:(D!0        I%20H        4BI(4        *!0E*0
M % H2E(       "@4)2D        0*$H20$      (!"49("        A:(D
M!0        I%20H        4BI(4        *!0E*0       % H2E(
M  "@4)2D        0*$H20$      (!"49("        A:(D!0        I%
M20H        4BI(4        *!0E*0       % H2E(       "@4)2D
M    0*$H20$      (!"49("        A:(D!0        I%20H        4
MBI(4        *!0E*0       % H2E(       "@4)2D        0*$H20$
M     (!"49("        A:(D!0        I%20H        4BI(4
M*!0E*0       % H2E(       "@4)2D        0*$H20$      (!"49("
M        A:(D!0        I%20H        4BI(4        *!0E*0
M % H2E(       "@4)2D        0*$H20$      (!"49("        A:(D
M!0        I%20H        4BI(4        *!0E*0       % H2E(
M  "@4)2D        0*$H20$      (!"49("        A:(D!0        I%
M20H        4BI(4        *!0E*0       % H2E(       "@4)2D
M    0*$H20$      (!"49("        A:(D!0        I%20H        4
MBI(4        *!0E*0       % H2E(       "@4)2D        0*$H20$
M     (!"49("        A:(D!0        I%20H        4BI(4
M*!0E*0       % H2E(       "@4)2D        0*$H20$      (!"49("
M        A:(D!0        I%20H        4BI(4        *!0E*0
M % H2E(       "@4)2D        0*$H20$      (!"49("        A:(D
M!0        I%20H        4BI(4        *!0E*0       % H2E(
M  "@4)2D        0*$H20$      (!"49("        A:(D!0        I%
M20H        4BI(4        *!0E*0       % H2E(       "@4)2D
M    0*$H20$      (!"49("        A:(D!0        I%20H        4
MBI(4        *!0E*0       % H2E(       "@4)2D        0*$H20$
M     (!"49("        A:(D!0        I%20H        4BI(4
M*!0E*0       % H2E(       "@4)2D        0*$H20$      (!"49("
M        A:(D!0        I%20H        4BI(4        *!0E*0
M % H2E(       "@4)2D        0*$H20$      (!"49("        A:(D
M!0        I%20H        4BI(4        *!0E*0       % H2E(
M  "@4)2D        0*$H20$      (!"49("        A:(D!0        I%
M20H        4BI(4        *!0E*0       % H2E(       "@4)2D
M    0*$H20$      (!"49("        A:(D!0        I%20H        4
MBI(4        *!0E*0       % H2E(       "@4)2D        0*$H20$
M     (!"49("        A:(D!0        I%20H        4BI(4
M*!0E*0       % H2E(       "@4)2D        0*$H20$      (!"49("
M        A:(D!0        I%20H        4BI(4        *!0E*0
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MN3;./*NRRUX      ,I/20I0Q?8_\* 8,.#ZE*K#!1=>%)?VJH[2%P    "
M\E"2 E2IJZZ^)FZ\<7!*U>7D4TZ-_@,&I@0      )/F7_^MD<8 5(D77WPI
MMMZV4WSUU5=IICI==>7ET6&]=5,"     (")8R4I0!4ZX\RSJ[X@S?2R[2X
M     )-!20I09<XYMWL\/'1H2M7MB2>?C+Z779$2      !,'-OM E21^Q]X
M,';:N7-*Q3#WW'/';;?>5/H,       3PTI2@"KQ_???Q]EGGYM2<7SXX8?1
MJ[=M=P$     F'A*4H J<6FO/O'2RR^G5"S9EKO9UKL      # QE*0 5>#-
M4:,*OYJR5R^K20$     F#A*4H JD!6$__[WOU,JIGONO:^P*VD!     )@T
M2E* "O?@@P]%_P$#4RJV.^^\*XT      ."O*4D!*ES1M]G]K3N4I
M3 0E*4 %N^KJ:^+1QQY/B3??'*4H!0    #@'RE) 2K4YY]_;A7IG[#E+@
M    _T1)"E"A+KFT=[SSSKLI\:ML)>F[[[Z7$@      _"\E*4 %>O;9YZPB
M_0O??_]]//_\\RD!     ,#_4I("5*!+>_>)GW_^.27^:,S;;Z<1      #\
M+R4I0(6YY=8A<?OM=Z3$GQDS1DD*     ,!?4Y("5!C;[/ZS,6/&I!$
M /PO)2E !;GHXI[QP@LOIL1?L9(4     ("_HR0%J!#OOOMN].IE%>G$^/2S
MSV+<EU^F!       OZ<D!:@0%UU\27PQ;EQ*_!.K20$     ^"M*4H *\/#0
MH='ONOXI,3&^^^Z[- (     @-]3D@)4 -OL @    ! W5&2 N3<M==>%T,?
M>30E      "@MI2D #GVW???QZ6]K2(%     ("ZI"0%R+'NW7O$F#%C4@(
M     .J"DA0@IUY[[?7H914I      #4.24I0$Y=<.%%\9___"<E      "@
MKBA) 7+HCCOOBEN'W)82DV.1119.(P      ^#TE*4 .];SDTC1B<BS4LF7,
M,O/,*0$     P.\I20%R)BM(GWON^928',LOWS:-      #@?RE) 7+DBR^^
MB%Z]^Z3$Y%INN673"       _I>2%"!'SCZG>WSVV><I,;F66G+)- (
M@/_UK__62&, RFC$B&=BDTTW3XG)-?/,,\4+SST34TTU59H!     (#?LY(4
M("?.._^"-*(V6K=NK2 %     .!O*4D!<N"&&P?%0P\]G!*UL=666Z01
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M:BLK2!>8?_Z4      #@GRE) 1K8J:>?'I]\\DE*U,;22R\5>^_5-24
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MBRVV:"R^V&*ESZ6/11>+N>::,]U:?_;:NUO<.N2VE*B-;(O=VVZ].24
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MLNUX-]QP@]AXHXUBGGF:Q_$GGA1]^UZ>;J4VYIUWGACVV",QU513I1D
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MMUI</[!_2@      4!Y*4IA(5U]S;9Q_P44Q=NS8- -,J@?NOR<67VRQE
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MEEAB\;C_WKM3 @    " _%&24O5^_OGG4CEZV>57I!F@/MUZ\^!8887E4P(
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M1==H_TLYVKAQXW1+<?SXXX^EPO31QQ\O?7[II9?3+32THX\Z(O;;U[G$
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MV/#8;OL=K<:K!W///?<OJT8WWS266'SQ-$M]Z=]_0%PW8& \^^QS:8:Z=L/
M_M&NW6HI 0    ! W5*2TB"^^.*+4D'ZTDLOIQGJPB*++!Q=.N]2*DB;-FV:
M9FDH-]PX*/KW'QA//O54FJ&N9-M%#[IA8$P[[;1I!@      ZHZ2E :Q_X$'
MQXTW#DJ)VIJQ:=/8<\_=8\\]=H_IIY\^S5(N-]]R:VEUZ6./#TLSU(7L.7[2
M";;G!@    "@[BE)J7>7779%''?"B2E16SONN'UTW6/W6&BAA=(,>7'[[7>4
MMN%]^.&A:8;:ZMO[TMAXXXU2 @    " NJ$DI5Z]_OK(V&*K;6+<N'%IALFU
MSMIKEU;6M5MMU31#7MUSS[UQ7?^!<=_]]Z<9)E?+EBUCT T#8LXYYTPS
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M++YX7'O-57'X88>D&:I-FS:M8^" ?G'$X8?&%%-X^9U4=]U]3PR\_H:4
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ME(EB%>G_EZT@76;II5."_#CFZ*-BDXTW2@EGD\+DN[CG);'--IWBZ1$CT@P
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M$U^-'Y]F@:*YX\Z[2N7<33??DF8HEV>>>3:VV;937-JK=YHA;VZ^Y=;215Y
M=5.2\K>&W'I;C!LW+J7BR@K25JT62@GR+]L6>H?M.Z547!,F3*CY(_#NE(#:
M>.31QV*E559+"0#^7K_K^I?>B'_HX:%IACRX^IIK8]MMMX]':WZN \5R^AEG
MQNY[=(VWWAJ39BBW[*S2DT\Y+;KNM4^\\^Z[:98\^?6X@!]^^"'- -5&2<K?
MLHHTXI"##XJ--]XH):@<AQ]VB'*_QIUWWI5&0&V]\\Z[,5?S^5("@#^7;:][
MV.%'NN VIYY_X872&[Y980I4O_'CQ\>NN^T1%UU\29HA;X;<=GOLL./.\<03
M3Z89\B2[L&C+K;:)SS[[/,T U41)RE_*SBUYYMEG4RJFMFW;Q($'V'^>RC3[
M[+/'X8<>DE)Q/?'DDZ4/H.YLW'&S- * W\M6Q-A>MS)D6^]F*\N ZI4=/]-E
MMSWBKKOO23/DU>C1;\4N77:+VVZ_(\V0)R.>>;9T!,V8,6^G&:!:*$GY2T.L
M(HT##]@_IIIJJI2@\F2KH/?8?;>4BLMJ4JA;V?DYQQU_8DH \(NCCSG.V6H5
M)EM9UFW?_5,"JLGK(T?&^AMN$H\_/BS-D'=???55[-EU[[C^^AO3#'GRZFNO
MQ?8[[A0OOOA2F@&J@9*4/Y6=3U#TK7:S8FGMM=9,"2I7MNWN,DLOG5(Q9>>2
M9N>3 G7GLLNOB#/./#LE (JNTPX[Q95779T2E>2FFV^)33??,B6@&CP]8D2L
MN=:Z\>FGGZ89*LF!!Q\25USI9VH>O?WV.['3+EWB,1<?0-50DO*GLH*TR =2
M+]RJE6UVJ1K33S]]J2@MLFR+H3NL)H4Z=^%%%\?U-[C*&:#H5EZU?3S\\-"4
MJ$1//?5TM%UAY92 2C9H\$W1<=,M4J)2'7/L<7%QSTM3(D\^^>23Z++K[G'/
M/?>F&:"2*4GY4T5?19H5I#///'-*4/G66FO-.&#_?5,J)EON0OWH?EZ/>.^]
M]U,"H&CF:CY?O/VV\[FJP0<??%#Z[PE4KA[G7QC[[7]@2E2ZTTX_(WHJ2G/I
MZZ^_CEUWWS-NON76- -4*B4I_^.^^^Z/D2-'IE0\VVRS56R^^68I0?4X_+!#
M8^655DRI>.ZY][YX[;774P+J2E:09D4I ,6S]+)MTHAJDJT,!BI/[SZ7Q=GG
MG)L2U>+4T\^(.^ZX,R7RY.>??XY]NNT7U_4?D&: 2J0DY7_<>__]:50\<\PQ
M1QRX__XI07698HHI8M]N^Z143+;<A?J1;;EKVUV 8EE[W0[.NJM2V<K@[(Q9
MH'+TZ]<_3CSIY)2H-KOON5<\^NAC*9$WAQYV1/2][/*4@$JC).5WOIXP(>Z[
M[X&4BB?;9G?!!1=(":I/MNWNYIMMFE+QW'F7DA3J2[::=.S8L2D!4,VVZ[1C
MO/KJ:RE1C;(S9H\^YKB4@#R[Z>9;XK CCDR):K7-=MN7SH\FGXX_X:2XX,*+
M4P(JB9*4W\FVVOWXXX]3*I8.ZZT;G7?9.26H7KONVB6-BB?;;C?;=A>H>]FV
MNU==?4U* %2K[*R[H8\\DA+5[,JKKHZ33SDM)2"/'GSPH3C@@(-2HMIMM<UV
M\?P++Z1$WIQYUMFE#Z"R*$GYG:PD+:JN7?=((ZAN;=NT+O0% 7?:<A?JS957
M71-OC1F3$@#5)BO,!@V^*26*X-)>O>.LLYUQ"'GTXDLOE;;Y_,]//Z49JMV/
M/_X8W?;=/UY[_?4T0]YDJTFS5:5 Y?C7?VND,067K2!=K=T:I2UWBV:W73O'
MJ:<XNX'B>//-4;'AQAWCZZ^_3C/%,=MLL\6(IX9'X\:-TPQYMN56V\:PX<-3
MHA+LL?MN<?)))Z14/>9J/E\:D5>#!]T0JZR\4DK5*P^OBQ]]\&X:42177WUM
M''GT,2E5G[GFFC,67&#!TO$KS9LWCR9-IJOY:/*[CPDU?RO__N.;>/_]]V/T
MZ+=B]%MOQ6>??9;^OU6?,T\_+7;9I;K.*1TV_(F:U]1M4J+:5=O/KJ^_GA"=
MMM\Q1CSS3)JI+E-..66T;-$B6K1L4?H\TTS-?GDMGBY[/?[E]3GSZVOQA&]^
M>5T>-^[+&//VVS%FS)B:C[?CN^^^*_V[:M.V39L8T+]?3#_]+U\'_K]SN_<H
M'053;CMLWRG./>>LE(JKG/\]_,W"Q%*2\G^R0]Z+>(;!''/,'K?=>DO,.^\\
M:0:*(=L"I*CG)5S7[^I8:\TU4R+/E*25IU&C1G'7';?%$DLLGF:J0[E+TE56
M7CF-^"N'''*0DK2!>,.A>)Y\\JG8;OL=J^;-YKGGFBO:M&D=:ZRQ>BRW[+*E
M8G2:::9)MTZ^K[[ZJE28/OO<<Z6OV9-//1V??/))NK6R95^?@?W[Q8HKKI!F
M*E]6DG;O7OXWTB=5N7\&5.KO)(,'79]&U>&PPX^,?M?U3ZGR+;GD$K%\V[;1
MKMUJL=ABB\8"\\^?;JF=CSX:6RI-APT;'L-KON>KZ6_+'7?8/LXY^\R4^%5>
M2M+,YIMM&I?TO"BE8E*24@F4I/R?G3OO6LCM=H\_[MC8>Z\]4X+BR-ZPR5:3
M?O#!AVFF.+KMLU<<>\S1*9%GU5P&_/333_'--]E5S]_$-^GJY^QSMEWMJZ^^
M]LO':Z_&EU_^._U?5(XNG7>)TT\[):7JD(>2M-K>W&/R*$EI:/_^][^CT_8[
MQ7///Y]F*M.JJZX2ZZZS3NGHB:P@;2C//_]"//7TTW%OS=_:CS\^+,U6IJQ0
M'M#_VIAQQAG3# TM#ZM?_4Y2?I=?<64<>UQE[]R2[?"T\48;EBZ\6'&%Y6/.
M.>=,M]2O<>/&Q1-//!F//O9XW'['G?'IIY^F6RK3J:><%+OMVB4E,GDJ23,=
M.JP75UUQ64K%HR2E$BA)*7GWO?=BQ9563:DXVK1N';??=DM*4#R77-H[3CGU
MM)2*8[EEEXD[[[@M)?),&1"ELG3H(X_&'7?>&<\\\VR:S;<YYI@C'GGX@6C:
MM&F:J7Q*4O+"ZR(-[>!##HL! ROS]:=Y\[ECHPTWC(TVVB!66'[Y-%L^65EZ
MQQUWE7ZF5^J%BIVVVS;.ZWY.2C0T)2F/#QM>VF8W.YNR$F4K^#=.K\O-FC5+
ML^7QY9=?EEZ3;Z]Y37[XX:%IMK)DN_ADV^ZNNHI=9WZ5MY(TDZV0OF%@]:S\
MGA1*4BK!%.DS!5?I5[1.KJY=]T@C**;L/-[%%ULLI>)X[OD7XNVWWTD)\FWQ
MQ1<K[7AP^Y!;XOJ:/ZQVWFG'F&66F=.M^92=<W[G77>G!$"EZM/WLHHL2-NV
M;5,Z!VSH0P_$22<>GXN"-)/=C^S^9/<KNW_9_:PTV?,A>UX #>^++[Z(DTX^
MI>(*TFR[[LZ[[%PZDF/ ==?&#CMT*GM!FLGN0W9?LON4W;?L/M;%UNL-*7LN
M9,^)[+E!?CWZZ&.Q2<?-4@+R1DE*21%+TDT[;A*;;+Q12E!,4T\]=:EP*:*'
MAU;FE:(46_MVJ\599YY>\T?\[;'M-ENGV7Q2D@)4MD<>?31..OG4E"K#ZJNW
MCTLON3ANN_7FV&'[3M&D29-T2[YD]RN[?]G]S.YO=K\K2?:\R)X?0,,ZL>9[
M[Z677DXI_V:999;HML_><=^]=\49IY\:RRZ[3+HE?[+[EMW'[+YF]SF[[Y4B
M>TYDSPWR;<0SS\;:ZW2(;[_]-LT >:$DI:1H)>F44TYI%2DDFVW6,>:::ZZ4
MBJ.H*^BI#O/..T^<WZ-[Z2,;YU%VSOFKK[V6$@"59/SX\7'**:?'SS__G&;R
M;=%%%XDK+N\; _OWB\TV[9AF*T-V?[/[G=W_['%4@NQY<<JIIY?.5@<:QN57
M7!4WWC@HI?S;;;<N<=\]=\6QQQP5"[5LF6;S+[NOV7W.[GOV&"I%]MRX[+(K
M4B*OLK^/UUIGO?CXDT_2#) '2E)*9UJ,_?CCE(HA*TB76W;9E*#89IQQQE)1
M6C3962Y0Z;+5I(-OO"$VVG"#-),O=]YI-2E )3JOQP7Q\BNOI)1OV:XH@VZX
M/C98OT.:J4S9_<\>1Z7L\O+RRZ_$11=?DA)0G]YY]]VXN&?/E/*M9<L6T;O7
M)7'JR2?%7'/-F68K3W;?L\>0/9;L,56"\\X_/UY_?61*Y%5V]--Z'3:,4:-&
MIQF@W)2D5.SAY)-K_OGGB[WVM(H4?FOS33=-H^(8-VY<Z2(1J'392M*>%U\4
M:^1PJ[XGGWHJC0"H% \\^&#TZMTGI?R:;]YYX^(++RAM0Y_WL[HG5O8XLL>3
M/:[L\>7=11?WC&>>>38EH+Y<?/$E,79L_A<W=-INVQATP\#HN,G&::;R98\E
M>TS98\N[<>.^C/-ZG)\2>?;))Y_$!AMM$L\]]WR: <I)24KASA+INN<>,=ML
MLZ4$9)9::LG8:*,-4RJ.HETD0O6:>NK&<=&%%T3;MFW23#X\^>13\=577Z4$
M0-Y]__WWI56D>;=QS>^M-UP_(+;<<O,T4UVRQY4]ONQQYME//_T4%_6TFA3J
MTSWWW!O]KNN?4CXU;=HTSC[KC#BO^SDQYYR5NWKTKV2/*7MLV6/,'FN>W7;[
M'7'-M?U2(L^^_OKKV+CC9C'T$6=\0[DI20ON\\\_CQ=>>#&EZK?J*BM'E\Z[
MI 3\UN85=GY377AXJ)*4ZC'KK+/$A>?WB$47R<]Y9C_^^&,,L[4U0,4X[_P+
MXMEGGTLIGXXZ\HCHVZ=7:8>@:I8]ONQQ9H\WSRJAP(%*50D7(JRZZBIQ_<#K
M8J<==T@SU2M[C-ECS1YSGF47.XT9,R8E\BP[XWN[3CO$[7?<F6: <E"2%ES1
M5E%U[;IG&@%_E*TDS5:4%LE++[U<NE@$JL6""RX0>^ZY>TKY8%MK@,KPV&./
MQX477IQ2_BRRR"+1_[IK8__]NJ698L@>;_:X%V[5*LWD3Z5L!0J5)N];6N_5
M=<^X?L!UL>PRRZ29ZI<]UNPQ9X\]KS[^^..*V!6"_V^//?>*_@,&I@0T-"5I
MP3U1H+/"MMEFZUAWG;53 OY,$<\FM>4NU28[+V>EE59,J?R&#;>2%* 2Y/D-
MU6R7A"LNZQ-KKK%ZFBF6['%?TO.B:-Y\[C23+^^\^VY<W+-G2D!=>/GE5^*B
MB_.[BG2?O?>*$XX_-J:<<LHT4QS98\X>>[=N>Z>9_!DT^*:X_H8;4Z(2''+H
MX=&[3]^4@(:D)"VX%U]\*8VJ6Y,F36*O/?=("?@KFVW6,6:<<<:4BN&))XMS
ML0C%D:>MY5]YY=7X]MMO4P(@CVX<-#B&/Y'/E?]SSCE'#!QX7;1HL6":*:8E
MEE@\>EY\831KUBS-Y,N55UU3^ID/U(UL&^MOOODFI7S99><=X[ACCTZIN(X]
M^JA<'^EE*_3*<^))I\2YW<]+"6@H2M*"*TI)VG7//6*QQ19-"?@K<\TU5ZDH
M+9(77BS.N<P41\=--HZUUUXKI?)[\\U1:01 '@T:-#B-\F6::::)QQYY..:8
M??8T4VPKKK!"7'S1!=&H4:,TDQ_9N6JV"H2Z\?KK(W/[_;35EEO$F6><GA*G
MGW9*=,W9<2>_&C'BF;CCSKM2HE)T/^_\./[$DU("&H*2M,"*4I NLO#"<> !
M^Z4$_)/UUETGC8HA.Y<T>U,'JLW&&VV81N7WYB@E*4!>/?30P_'(HX^EE"]C
M1K]1VA6(_V_MM=:,'N>=FU*^9*6."Z.@]K+OI1]__#&E_%AKS37CH@O/3XE?
MG7C"\=%MGWQNO9O7BZ#X>WW[7AZ''G9$2D!]4Y(66&%6D7;=(Y=7VA;1IY]^
M%H\]_GCTZMTG+KJX9_2][/*XMM]UI>V];K_]CKC_@0=*MW_VV>?I_X)RR/[P
M67#!!5(JAA=>L)J4ZK/J*JND4?F]^>:;:01 WMPX^*8TRI>KKKPLC?BC+;?8
M/ XY^*"4\N.[[[ZSFA1JZ:TQ8W+Y?92]1W#J*5:W_95CCSDJ-MQP@Y3RX^Y[
M[HTG'3%4D:[K/R#VZ6;1#S0$)6F!O?!2]9<"V56VG;;;-B4:TMMOOQ,WWWQ+
MG'7V.;'K[GO&"BNM$DLOVSJVWJ93G'3RJ7'Z&6?%\2><%(<?<53L?\!!L4?7
MO6.GG;N4;E]JF>5BY57;Q;[['QB77W%E//'DDS%^_-?I_S,-(2M*B\26NU2C
M>>>=)]JT;IU2>5E5 I!/+[[T4NEW]KSIUFWOZ+#>>BGQ9PX]Y*!269HW6;GS
M[KOOI@1,JNQ[:,*$"2GE1U:0%NUBZDEU:<^+<GG45[8P@<IT\RVW1N==\[F=
M,U03)6F!%6$E:;:*E(;ST=BQI96ANW3>+59MMWKLL^_^<?X%%\5==]T=[[WW
M?OI7$R<K60</OBF./>Z$V'R+K6/)I9>-33;=/*Z\\NI<_L%0;=9::XTT*@8K
M2:E6JZZZ<AJ5E^UV ?)IT*#\K2+=9NNMXMBCCTJ)OW/**2=%Z^6632D?OOKJ
M*ZM)83)]\,$',:!__KY_LH*T:!=23X[&C1O'.6>?63I/.T^R+7='C1Z=$I7F
MGGONC6VVVSXEH#XH20NLVDO2G7?>,=JMMEI*U)=QX\:5KDKKNM<^L>IJJY=6
MAMY[WWUU?L;C#S_\4#IT_NACCXMUUMN@5+Y^]-%'Z5;J6M&VW%624JW672<?
M9PQ;20J0/Q]^^%'N5I<LLO#"<>*)QZ?$/YFI6;,X[MAC8LHIITPS^9"5I&/'
MCDT)F%C9]\X7X\:EE _9[FR[[=HE)?Y)MI//X8<=FE(^?/_##\XFK7"//OI8
M;-)QLY2 NJ8D+:AJ+TAGF67FV*_;/BE17ZZY]KI8K\.&I>URA]QV>WS[[;?I
MEOKU]MMOE[;QS<K2DT\Y-5X?.3+=0ETJTI6BK[W^>JF(AVK3MFV;W)S+_>UW
MWZ41 'EP^^UWQ)=??IE2/NRW7[=2\<?$6VFE%>/PPPY)*1\^_?2S&#+D]I2
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MMK+5HT.J\,JCUUY[/0X\Z)#XZJNOT@P3JTWKXFQC_>&'2E*J3WY6DN9CVU^
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M%?FF)(5Z<.^]]\6-@P:GE%]=NNP2\\S3/"6JW>>??Q$]>ER04C&MM]ZZ:00
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MR^ 4Z93##XO_^9_MTD0YNOZ&&V/,V/WBO/,O2!L:8KOM/A8SCYF>)@
M:!J1%-ZF$$C7KEV;IM+4K=N'8L8,ITC+U?+ER^/$DT^)*5./B,5//)&V-%3A
M,[M=NG1)$P      -(U("LF--]X4UUQ[79I*5^%3HYMLO'&:*"=777U-_>G1
MBRZZ)&UHC$D'3XR]APU-$P      -%V'-^JD9\C:B%%5\>"#OTU3:1HT:&#<
M<-TU::)<+%VZ-,XZ^WMQV657I V-M<466\35\ZZ,[MV[I0T      #2=DZ10
MI_"9W5(/I 6%4Z24ETLOO3S&C-M/(&VFPN^0"J0      !2+DZ1D;^G293%B
MU.CXRU_^FC:EJ6KTJ/CQC\Y)$Z7NMMM^'G/..S_FS[\G;6BJ,6-&QX_.^4&:
M      "@^9PD)7O5-34E'T@+-MQPPWCTT=^EB5+UT$,+XHBCIL?!AQPJD!;!
M)IML$C./F9$F       H#B=)R=H##_PF1E6-35/IZ]2I4TR<<%!,F# ^MN[7
M+VTI!7_ZT[,QY[SSXMQSST\;BN'TKWXY#CMT<IH      * X1%*R-OFP*7'S
MS;>DJ7QTZ=(E)APT/B9./"BVVG++M*4MO/[ZZ_5AM/!IW14K5J0MQ;#OON/B
M!]_[;IH      *!X1%*R==75U\111Y?W9SPWVFBCF#AA?-TU(7KUZIFVM(9"
M')T[]ZJXX,(+8_'B)]*68MEVVP%Q^:67Q,8;;YPV      !0/"(I65JS9DV,
M&%D5#S_R2-J4MXTWKJS_#&\AEG[XPYNF+2VA\%G=N?/FQ95SKXHE2Y:D+<6T
M[KKKU@?277;9.6T      *"X1%*R=,X/?Q3?...;:6H_NG7K%J-'CXR]APZ-
MG7?>*6TIAH<6+*@_.7KEW'GQZJNOIBTMX>M?^VI,/F12F@      H/A$4K+S
MQZ>?KC]%^L(++Z1-^S1PX,=CV-"AL?>PH=&W;Y^TI;%N^_GM,7?NO+C^AAO3
MAI94^*W=;WWSC#0!     $#+$$G)SHDGG1(777Q)FO*PUY AL?>PO6+8L*&Q
MR2:;I"WOYL477XQ;;KDMKIPW+^Z[[_ZTI:7ML/WV<=FE%\<&&VR0-@
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M#\X\X^MQ\,0):0(     @-8EDM*NW?Z+.V+"Q$EI DK!R2>=&#.F'Y4F
M  !H?1W3'=JEZIHYZ0DH!4<>,4T@!0    "@S8FDM%L77G1QS)]_3YJ MC;^
MP /B"Z>=DB8      &@[/K=+N_3\\\_'B)%5\?22)6D#M*7AG]TGYM3,3A,
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M#1J8-@      P-N)I)2<T57CXM<//) FH*&VWKI?'#+IX)@XX:"T 0
M_A.1E))R[GGGQQ>^^.4T 0W1LV>/^CA:N#IW[IRV      # NQ%)*1E__>M?
M8_C(JEBZ=&G: .]EXXTKZ\/HI+KK@YMLDK8      ,#[Z9CNT.9F5\\12*$!
MUE]OO9@Z]?"XZ<;KX_CC9@FD      #02$Z24A(>_.UO8\3(JC0![^:@\0?6
MGQ[=9IN/I@T      -!8(BDEX? IT^*&&V]*$_!.5:-'U<?1'7;8/FT
M ("F$DEI<]=>>UU,._+H- %O-W2O(?5Q=/?==TL;      "@N412VM3?__[W
M&#YR="Q<N"AM@ TWW##&5(V.,6-&QXZ?^$3: @      Q2*2TJ9^]./9\;6O
M?R--D+>^??O$F*JJ^D#:LV>/M 4      (I-)*7-///,GV+$J-'QW',KT@;R
M5/B4;OW)T;IKG77625L      *"EB*2TF5-._4)<\),+TP1YZ=RY<_WG= LG
M1S^YR\YI"P      M :1E#9Q[[WWQ=A]]T\3Y&/++;=\\]3HF-&QQ>:;IRT
M     -":1%+:Q,1)D^/G/[\]3="^;;#!!K'7D#UCR)Z#8_B(X;'^>NNE-P
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MW_WWQYBQ^Z6)YKK]MENB?_]MT@0      $!+<9*4)JOVF=VB.?*(:0(I
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M-6O2AJ;HU:MGW'7'+Z)+E\YI P      0&MRDI0&6[CH88&T"$XX;I9 "@
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M-$C_;;9)3[R?G7?:*28?,BE-        E!J1E ;IW;MW>N+]3/6970
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MAJ8I3_W[;Q-3G2(%       H2R(I37+TD4=$QX[Y_O&9-N7PZ-*E<YH
M   H)R(I3;+]]H/BZ*..2%->/K/WL!@W;FR:        *#<=WJB3GJ%17GGE
ME1@Y>FPL7KPX;=J_[MV[QY577!I]^O1)&P       ,J-DZ0TV48;;93=:=*3
M3_J\0 H      %#F1%*:9>R8JA@U<D2:VK>)$PZ*_??;-TT       "4*Y&4
M9ILY<T9LOOEF:6J?!@SH7W^*%       @/(GDM)L6_?K%V=_]SM145&1-NW/
MR2>=V*[_]P$      .1$)*4H=MIQQ_C>V6>EJ7TY;M:Q,7B/W=,$      !
MN>OP1IWT#,WVLROGQC$S9Z6I_'WM]*_$H9,/21,       #M@4A*T<TY]_SX
MXI>^G*;R]<-SOA]CQU2E"0      @/;"YW8INL,/FUS_B=IR55E1$1==>(%
M"@      T$XY24J+N>/.N^*,,[\9CS[ZN[0I?9MOOGE\_^RSXA.?V"%M
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M%9$4        R(I("@       &1%) 4       "R(I("        61%) 0
M    @*R(I        $!61%(        @*R(I        D!61%        ,B*
M2 H       !D120%        LB*2 @       %D120$      ("LB*0
M  ! 5D12        ("LB*0       ) 5D10       #(BD@*        9$4D
M!0       +(BD@(       !9$4D!      " K(BD        0%9$4@
M " K(BD       "0%9$4        R(I("@       &1%) 4       "R(I("
M        61%) 0      @*R(I        $!61%(        @*R(I
MD!61%        ,B*2 H       !D120%        LB*2 @       %D120$
M     ("LB*0       ! 5D12        ("LB*0       ) 5D10       #(
MBD@*        9$4D!0       +(BD@(       !9$4D!      " K(BD
M    0%9$4@       " K(BD       "0%9$4        R(I("@       &1%
M) 4       "R(I("        61%) 0      @*R(I        $!61%(
M   @*R(I        D!61%        ,B*2 H       !D120%        LB*2
M @       %D120$      ("LB*0       ! 5D12        ("LB*0
M ) 5D10       #(BD@*        9$4D!0       +(BD@(       !9$4D!
M      " K(BD        0%9$4@       " K(BD       "0%9$4
MR(I("@       &1%) 4       "R(I("        61%) 0      @*R(I
M     $!61%(        @*R(I        D!61%        ,B*2 H       !D
M120%        LB*2 @       %D120$      ("LB*0       ! 5D12
M    ("LB*0       ) 5D10       #(BD@*        9$4D!0       +(B
MD@(       !9$4D!      " K(BD        0%9$4@       " K(BD
M  "0%9$4        R(I("@       &1%) 4       "R(I("        61%)
M 0      @*R(I        $!61%(        @*R(I        D!61%
M ,B*2 H       !D120%        LB*2 @       %D120$      ("LB*0
M      ! 5D12        ("LB*0       ) 5D10       #(BD@*
M9$4D!0       +(BD@(       !9$4D!      " K(BD        0%9$4@
M     " K(BD       "0%9$4        R(I("@       &1%) 4       "R
M(I("        61%) 0      @*R(I        $!61%(        @*R(I
M    D!61%        ,B*2 H       !D120%        LB*2 @       %D1
M20$      ("LB*0       ! 5D12        ("LB*0       ) 5D10
M  #(BD@*        9$4D!0       +(BD@(       !9$4D!      " K(BD
M        0%9$4@       " K(BD       "0%9$4        R(I("@
M &1%) 4       "R(I("        61%) 0      @*R(I        $!61%(
M       @*R(I        D!61%        ,B*2 H       !D).+_ %U,Q'Y6
/PS6Q     $E%3D2N0F""

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>8
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="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;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm139891721232648">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover Page<br></strong></div></th>
<th class="th"><div>May 10, 2022</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">May 10,  2022<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Peloton Interactive, Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-39058<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">47-3533761<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">441 Ninth Avenue, Sixth Floor<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">New York<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NY<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">10001<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">917<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">671-9198<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Class A Common Stock, $0.000025 par value per share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">PTON<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.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 custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001639825<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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_DocumentInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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_DocumentInformationLineItems</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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.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="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.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="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.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="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.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="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.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="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.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="top.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="top.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>9
<FILENAME>pton-20220510_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xml:lang="en-US"
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2021"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="pton-20220510.xsd" xlink:type="simple"/>
    <context id="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001639825</identifier>
        </entity>
        <period>
            <startDate>2022-05-10</startDate>
            <endDate>2022-05-10</endDate>
        </period>
    </context>
    <dei:EntityCentralIndexKey
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV80L2ZyYWc6M2RmYjUyODczNDUxNDVlMzk5Zjk2YTZhMGEwNDZlMGIvdGFibGU6ZWRjOGM3YTQxMDM3NDRhYTk5MWNkNzM4YzBlMDUzNGYvdGFibGVyYW5nZTplZGM4YzdhNDEwMzc0NGFhOTkxY2Q3MzhjMGUwNTM0Zl8xLTEtMS0xLTY3NTU3_536d42af-98ee-4653-aacb-a30e74beb5de">0001639825</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV80L2ZyYWc6M2RmYjUyODczNDUxNDVlMzk5Zjk2YTZhMGEwNDZlMGIvdGFibGU6ZWRjOGM3YTQxMDM3NDRhYTk5MWNkNzM4YzBlMDUzNGYvdGFibGVyYW5nZTplZGM4YzdhNDEwMzc0NGFhOTkxY2Q3MzhjMGUwNTM0Zl8yLTEtMS0xLTY3NTU3_fd13195e-8682-47ce-a29a-0b725e602f05">false</dei:AmendmentFlag>
    <dei:EntityAddressAddressLine1
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV80L2ZyYWc6M2RmYjUyODczNDUxNDVlMzk5Zjk2YTZhMGEwNDZlMGIvdGFibGU6ZWRjOGM3YTQxMDM3NDRhYTk5MWNkNzM4YzBlMDUzNGYvdGFibGVyYW5nZTplZGM4YzdhNDEwMzc0NGFhOTkxY2Q3MzhjMGUwNTM0Zl81LTEtMS0xLTY3NTU3_10afc620-1c49-4e3f-84a9-6cd17d0873d6">441 Ninth Avenue, Sixth Floor</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV80L2ZyYWc6M2RmYjUyODczNDUxNDVlMzk5Zjk2YTZhMGEwNDZlMGIvdGFibGU6ZWRjOGM3YTQxMDM3NDRhYTk5MWNkNzM4YzBlMDUzNGYvdGFibGVyYW5nZTplZGM4YzdhNDEwMzc0NGFhOTkxY2Q3MzhjMGUwNTM0Zl82LTEtMS0xLTY3NTU3_e56a8b66-255d-4a98-a142-26b4e3e3347c">New York</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV80L2ZyYWc6M2RmYjUyODczNDUxNDVlMzk5Zjk2YTZhMGEwNDZlMGIvdGFibGU6ZWRjOGM3YTQxMDM3NDRhYTk5MWNkNzM4YzBlMDUzNGYvdGFibGVyYW5nZTplZGM4YzdhNDEwMzc0NGFhOTkxY2Q3MzhjMGUwNTM0Zl83LTEtMS0xLTY3NTU3_7ddb1826-dbde-435f-ac3b-a35f8cb95f44">NY</dei:EntityAddressStateOrProvince>
    <dei:DocumentType
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODc5_1e1320a1-e075-4474-82ad-8c52aed6d0f0">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8zMzQ_bc7aca71-3689-49ae-a784-8f9dcec65834">2022-05-10</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODc2_dee36c66-91b4-41d3-acfa-f0c5c76321c9">Peloton Interactive, Inc.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8wLTAtMS0xLTY3NTU3_9f3a3e78-26e2-46fe-8f00-3b6994589210">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8wLTEtMS0xLTY3NTU3_fed48a2a-8839-437e-b56c-74ad7aa673de">001-39058</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8wLTItMS0xLTY3NTU3_63ee314a-72e6-445f-a7c6-b63ba07294f0">47-3533761</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8zLTAtMS0xLTY3NTU3L3RleHRyZWdpb246OWNmZmVmMjI4NDQ1NDM5ZWFhZTYzNzQ1MDc3MThjZDRfNQ_10afc620-1c49-4e3f-84a9-6cd17d0873d6">441 Ninth Avenue, Sixth Floor</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8zLTAtMS0xLTY3NTU3L3RleHRyZWdpb246OWNmZmVmMjI4NDQ1NDM5ZWFhZTYzNzQ1MDc3MThjZDRfOQ_e56a8b66-255d-4a98-a142-26b4e3e3347c">New York</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8zLTAtMS0xLTY3NTU3L3RleHRyZWdpb246OWNmZmVmMjI4NDQ1NDM5ZWFhZTYzNzQ1MDc3MThjZDRfMTM_7ddb1826-dbde-435f-ac3b-a35f8cb95f44">NY</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6NDY4NDc1ODU1MDBiNGYwYjkwNGM1YWQ4MmI1N2M2YzYvdGFibGVyYW5nZTo0Njg0NzU4NTUwMGI0ZjBiOTA0YzVhZDgyYjU3YzZjNl8zLTItMS0xLTY3NTU3_610ca880-185f-4248-9b2a-1bd1f02095e1">10001</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODgy_beda81d5-1e04-4c52-a93f-e079e5fe29c8">917</dei:CityAreaCode>
    <dei:LocalPhoneNumber
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODcz_4a4f7b83-0638-4acf-8f39-42b11ebae20a">671-9198</dei:LocalPhoneNumber>
    <dei:WrittenCommunications
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODgz_8e99b9dc-b3dc-420d-a09c-099d80d08200">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODc1_c6d02db0-a94a-466a-8827-e88d3cb50c7c">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODc3_a1903f44-31d5-4002-adc9-6de7c2bcfc42">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODg0_62347886-3d85-43a6-8a2b-ab6fa486e734">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6MGY3NTQ3ZjI4ZDJjNDUxMWE2NGUyZGVkNGMyZDVkNjkvdGFibGVyYW5nZTowZjc1NDdmMjhkMmM0NTExYTY0ZTJkZWQ0YzJkNWQ2OV8xLTAtMS0xLTY3NTU3_4dea4a65-070e-4969-af19-1f0e55914509">Class A Common Stock, $0.000025 par value per share</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6MGY3NTQ3ZjI4ZDJjNDUxMWE2NGUyZGVkNGMyZDVkNjkvdGFibGVyYW5nZTowZjc1NDdmMjhkMmM0NTExYTY0ZTJkZWQ0YzJkNWQ2OV8xLTEtMS0xLTY3NTU3_849b3657-4a5c-42f5-a334-a6395c5028c1">PTON</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGFibGU6MGY3NTQ3ZjI4ZDJjNDUxMWE2NGUyZGVkNGMyZDVkNjkvdGFibGVyYW5nZTowZjc1NDdmMjhkMmM0NTExYTY0ZTJkZWQ0YzJkNWQ2OV8xLTItMS0xLTY3NTU3_ee2001b2-fb15-4fd1-ae48-61a3d74c9a45">NASDAQ</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany
      contextRef="ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510"
      id="id3VybDovL2RvY3MudjEvZG9jOjg5Mzc2ZmYxYzQyNTQzNGJhMzAxMGEwZGFlODAxOWU1L3NlYzo4OTM3NmZmMWM0MjU0MzRiYTMwMTBhMGRhZTgwMTllNV8xL2ZyYWc6NjNhNzZkZWU5YTg0NDg4Yjk3OWIwOGI0NzdjZGExNjUvdGV4dHJlZ2lvbjo2M2E3NmRlZTlhODQ0ODhiOTc5YjA4YjQ3N2NkYTE2NV8xODg1_be5be3bb-0e35-4407-bc0f-1575234e4724">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>10
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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MO0"_KY2R[PUW)BW^I3#Z%U!+ P04    "  D.*I4GZ ;\+$"  #B#   #0
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MB^$_7G\!4$L! A0#%     @ )#BJ5 =!36*!    L0   !
M ( !     &1O8U!R;W!S+V%P<"YX;6Q02P$"% ,4    "  D.*I4.T#PF.X
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M<W1Y;&5S+GAM;%!+ 0(4 Q0    ( "0XJE27BKL<P    !,"   +
M      "  6</  !?<F5L<R\N<F5L<U!+ 0(4 Q0    ( "0XJE09117U-P$
M "<"   /              "  5 0  !X;"]W;W)K8F]O:RYX;6Q02P$"% ,4
M    "  D.*I4)!Z;HJT   #X 0  &@              @ &T$0  >&PO7W)E
M;',O=V]R:V)O;VLN>&UL+G)E;'-02P$"% ,4    "  D.*I499!YDAD!  #/
M P  $P              @ &9$@  6T-O;G1E;G1?5'EP97-=+GAM;%!+!08
1    "0 ) #X"  #C$P     !

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<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>12
<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>13
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.22.1</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>0</UnitCount>
  <MyReports>
    <Report instance="pton-20220510.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>0001001 - Document - Cover Page</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.onepeloton.com/role/CoverPage</Role>
      <ShortName>Cover Page</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="pton-20220510.htm">pton-20220510.htm</File>
    <File>a3qfy2022shareholderletter.htm</File>
    <File>pton-20220510.xsd</File>
    <File>pton-20220510_def.xml</File>
    <File>pton-20220510_lab.xml</File>
    <File>pton-20220510_pre.xml</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="25">http://xbrl.sec.gov/dei/2021</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>16
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "pton-20220510.htm": {
   "axisCustom": 0,
   "axisStandard": 0,
   "contextCount": 1,
   "dts": {
    "definitionLink": {
     "local": [
      "pton-20220510_def.xml"
     ]
    },
    "inline": {
     "local": [
      "pton-20220510.htm"
     ]
    },
    "labelLink": {
     "local": [
      "pton-20220510_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "pton-20220510_pre.xml"
     ]
    },
    "schema": {
     "local": [
      "pton-20220510.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/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://xbrl.sec.gov/dei/2021/dei-2021.xsd"
     ]
    }
   },
   "elementCount": 28,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2021": 5,
    "total": 5
   },
   "keyCustom": 0,
   "keyStandard": 22,
   "memberCustom": 0,
   "memberStandard": 0,
   "nsprefix": "pton",
   "nsuri": "http://www.onepeloton.com/20220510",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "div",
       "body",
       "html"
      ],
      "baseRef": "pton-20220510.htm",
      "contextRef": "ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "0001001 - Document - Cover Page",
     "role": "http://www.onepeloton.com/role/CoverPage",
     "shortName": "Cover Page",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "div",
       "body",
       "html"
      ],
      "baseRef": "pton-20220510.htm",
      "contextRef": "ie34f318a03dd42c689bbd0a03ca80be4_D20220510-20220510",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 0,
   "tag": {
    "dei_AddressTypeDomain": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "An entity may have several addresses for different purposes and this domain represents all such types.",
        "label": "Address Type [Domain]",
        "terseLabel": "Address Type [Domain]"
       }
      }
     },
     "localname": "AddressTypeDomain",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "domainItemType"
    },
    "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",
        "terseLabel": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code",
        "terseLabel": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "xbrltype": "stringItemType"
    },
    "dei_DocumentInformationLineItems": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.",
        "label": "Document Information [Line Items]",
        "terseLabel": "Document Information [Line Items]"
       }
      }
     },
     "localname": "DocumentInformationLineItems",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_DocumentInformationTable": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Container to support the formal attachment of each official or unofficial, public or private document as part of a submission package.",
        "label": "Document Information [Table]",
        "terseLabel": "Document Information [Table]"
       }
      }
     },
     "localname": "DocumentInformationTable",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "stringItemType"
    },
    "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",
        "terseLabel": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "dateItemType"
    },
    "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",
        "terseLabel": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "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",
        "terseLabel": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town",
        "terseLabel": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code",
        "terseLabel": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province",
        "terseLabel": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityAddressesAddressTypeAxis": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.",
        "label": "Entity Addresses, Address Type [Axis]",
        "terseLabel": "Entity Addresses, Address Type [Axis]"
       }
      }
     },
     "localname": "EntityAddressesAddressTypeAxis",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r7"
     ],
     "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",
        "terseLabel": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r7"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company",
        "terseLabel": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "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",
        "terseLabel": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "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",
        "terseLabel": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r7"
     ],
     "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",
        "terseLabel": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r7"
     ],
     "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",
        "terseLabel": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_FormerAddressMember": {
     "auth_ref": [
      "r5",
      "r6"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Former address for entity",
        "label": "Former Address [Member]",
        "terseLabel": "Former Address"
       }
      }
     },
     "localname": "FormerAddressMember",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "domainItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number",
        "terseLabel": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r2"
     ],
     "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",
        "terseLabel": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r3"
     ],
     "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",
        "terseLabel": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security",
        "terseLabel": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name",
        "terseLabel": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r4"
     ],
     "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",
        "terseLabel": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol",
        "terseLabel": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "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 written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications",
        "terseLabel": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2021",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    }
   },
   "unitCount": 0
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12"
  },
  "r5": {
   "Name": "Form 10-Q",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "308",
   "Subsection": "a"
  },
  "r6": {
   "Name": "Form 8-K",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "308"
  },
  "r7": {
   "Name": "Regulation 12B",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r8": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425"
  }
 },
 "version": "2.1"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>17
<FILENAME>0001639825-22-000067-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001639825-22-000067-xbrl.zip
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M'W-]=5V3B1)HQ\1IPH2*"O>3&0&<?L*D$>:@Z3(5B[D2*6>F_H^,C\GMPXO
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MI.F&KM$\2V-N+@)J8%5I))_<)!ACJHYQA0+ORR4)9"$GLEFC$< ;+BZ?V,B
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MW%0HYD(9'X,1Q;[YR(-P%ZP!:(+D/%PBE8!*H^]^0Y\">-"?R7GB^T=PFR\
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MN(,=O"A5>1#2S&M,5:"J+5:GRI/+0@EP:A@C.5<Q-O#.?.'KWH'C>%B+%KO
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M"+'8G$.(IV%!'I]$XE7ZX75:P,;U:7[TT.LQ#X= 5XJMUIB6]#YY>4YQF$2
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M@]VZCI^<8 5UITW#TF'EZ/T@-78VGV8H7M!!8^7<>>:09F)9U><786,*G3N
M><1I,S5GK>V(>^1>XH"2=7WV:)GY(GD=IT.39N&&/^4+)I\G9LYEB_(\L5,W
M=DQVTI@Y=[XYXWRS?'?R#5EGNEFIT=,=$<\"D]8A&WIH3!Z5)PNTYM*8+"\F
MFT9=]RA]WJ2%[57]EKG^<A4KF<9[D&=98+5K(8K](%)*1KWH%&L-?4" E#R]
M37-!A;C -'?(I]-,H)G@K)B@UNK6-1]H/J@V'YA6=\\^&$?A!/)M?J(#;_"O
MX]Z_^1G^I%-6*[0Z ())$+FX[?8J%!YMN+V>NDX\4LO//Z464I\_POLP[21^
M^)'<I&WAQR+<'GE7H<N]G7'7:,!,NAG&" #YOZ,PG<*$#\5E/Q3\VR4?P Q?
M<6_*9]'B.L:N?YD'VO)ZY:K>_-Q'J*^^\S 0*4;.G;4@N?[T\>W-Q[N;MPP^
MW7UZ?_OVZBM\N?L*_WRX^?CUCGUZQZZO[O[%WKW_],<=NTA\GCAN+)R7BPLK
MSY(N7)_!:!X09%1LDNH\:$K=Q(\P68]/(O$J_?#:<:.)QV>O7)_>30^]'O-P
M"#2A6 )WUI?8D=XG+\^IQ:A+BE%!!_5F==F@2TO"15YKMXU>K_O@Y;IA/GAM
MT[!FTVA9K9V&W7RMV=KMR4<GV]YJV$<".X^&Y7HKMZ[1U9**GE=%K3" S#^$
M7]@'N&T4L1L?LR,^\- >L8996U!9^X(E9U%MJ[O*"3"K;EG;9" _NLI*@,HL
M0D2GO%=ZS:,1>^<%TX@-PF#,/DU$"!:1/V17-AA&5#+@D.4Y]B"J9ZHKL<T,
M#WJ2H5=.RG@TU6SO9(RRK/0<3\?NVGKSA"(2FKZ.&2'8N5-FB9*72BU_KW(I
MP'' 0F$'ONV"[^:OM.*!R_BCC;K\(HDH5?@EFX3!O8N6<7_&@DRM\\.I];(H
M[R=7T<W2'C:< %FXZC"^[S ^#F!2_Y8_B.\3X4=5R1"O6SI'O*2X:72-[GGH
MBK(*@CMLM7;9YRCZ,>,5^'Y_&7!R)Y>LIEDXWUV?*GLN^5Q<")3T3%E9A<#'
MP+\D$W!N['D"1$*U#(%V^YC*1ML!FU)BF\<TT:I@!USE[?]@ "Z@&+O)6(9V
MMRH'>Y[:IU&8\+1=\#R8Z1P3,U6P"I9%@B/Z,7/<R(9UQ10T<*,HX;XM  11
MO)M .#E59+6,EK822HF:IK%CTTAM)&P'X-OQA+LA!I93SX#$0%K""5-_@HA[
M],4+_.&EY]X+A_$H$CN*AY/32DVKL'C0!L-SF7(-;3 \)8!_#0)GZGH><S,Y
M40V;P.P6#Q]JH^!Y<',NY3)*S?F8\;-2[SM7B:H:NM_L&:;6_:5$S5F5IBMK
MWHFL_8]EY_)9(V3\2S_!Y7W7VS.#9%LE=BYE?,LJ\J]LB@-%F%XDW'L,#E=#
MRNMZO67$2GO7HBEE$^YEY?=;_QXLN2#<=>?GY!R'BV:G831..0WZ3/'2:#>*
M5'_6KEPA\'X.Q82[3AK@E9:;JHA(GEU<J7CN1;.NN]&4$"V-8U6 KX*NEVVW
M]V#STU,J[=/N97JF6#&UIG\&#W["9Y3;1>= ;#M,Q%S]5T3+6^U"#6>UFG^N
MO,_BAP6UKB\6M$TB>*? 'B)4J$@:_(X8"##V'18*</N3BF2 -]OZ)%A)45.L
M5:NV!(K9^TO'/G(;-34\'UP1(Z#9,TQM Y0.+;T="MMK[5_$T\_Q>S44_86I
MW?WR8<4\9F;](?5\IZ3<_K%XJ8_*MSHR:^V.;JUR)MALM'J[)H'KYBH'JA.(
MB031P>H$*C@\49W  R:*/76=P!.L4_4Y">T1QSWF8%#E,\9'3T[5_N?&L,#1
MX@)52!K^P&/%[(>5 B?G_5BF63B'47NFSX.;EMDYET)D994#=]RKO"'0J+>-
MCC8#2HF;=N'B MH0V-T;F(08C(IGM!DM_D[<275.$U]8S4)'3+01\%RAP':A
MON?: "@$WE^2"'Z+(BQ#VG=]*CLDMY]1(%#8FML@"4+A5,,:P,::!7(>M"'P
M3&AI=<X@];RL4N *D\XEH\NN>8<4 :>H<HZ4]J0M@4UHZ72+1 2U(5#PI&DL
M0A^FD$2"1<$@GO)PGQ*#IZ=AK*9.1"LA6EI',L<.J?=+GYJ23TB9IZFXV:;Q
MGJDI6^_&EI\>+:NQZX9!.9)3#F@[G ,^+ZQ&8X>^:R5+3#G=!I;O7)_[]J$2
M4W0#R]-U0C^' <#&470Q2?J>:X,'.H#1_&'FCU:Q^K59L\RC]F32?NG!$XFT
M>[J'<,B$  :H I_FAUO7?A"+Z)"BXN3<)9W55F;L]#J=<SE975I!H3:T9>QZ
M,L$.>]SS*F(I'%T7:4MADZ_9-8]4VZYZ)H(83[Q@)@2\/+"_@3NAQ,+$XSZ;
MNO%H%'BXM(K8!693M]HL*VHL;1,\JV3X+D+;E1:"% [!A/:\JV$B=(IGNVK[
MX)DRD3O'/(M0!1OA*_\N(JG^A>=0GBO57<76VXL& Y_RT*F(<:"#!F7&SD6K
M420!5ML&!6T#U[?="?<8EF">4>,<M P&M"\E9&VFBI@&%\=R3[55L DK]3,H
MQWI2&3"#;$]:EV29[T$VZKU=VWV4(_-%EV59P&BW5]^U:VK)LE_6R[PRBIN;
MP4#8M#DIOMO4N(N%/!9,?JY\<MV%M<L9O')(%YU7M]06O&A71IU9=P!31LH4
MUR>CIB9-&SS)>\\]]&QJ%/((112'KAW3WF@TJD:0X\)L]W2U^?+AQ:S5K7KA
M"N#EBW*4421<;R\$F H"LE_$T/5]='ZP(@"\-ZC(L3^S9C9:>F^DM-BIG\7V
MR+F(B1ML4/>0@'A"][DL,'OQ1&LN)?/UVNU=<Q3*X9P]8EEI>CTO>K5J]59G
M5YOR61S0=!;IM%M$C\>MD-N )3E!@HGT92WBN]44"<0_43$[^-=Q[]_\#'^6
M(&YU@)*H]Y(; .*$QV/W7KR>NDX\4E24?THB\55]_@CO V4D\<./Y.C"%GBZ
M?GL>N I=[NW, HT&BNR,[ D ^;^CC/HF?"@N^Z'@WR[Y &;XBGM3/HL6US%V
M_<L\T);7*U?UYN<^0GWUG8] 1-4<3*%,F ;(>'P2B5?IA]>.&TT\/GOE^K12
M>NCUF(?@JEPJU  '+7,>O4]>GL_:J,N9*U-.O5E=-NC2DJ20UT %]GK=!R_7
M#?/!:YN&-9M&RVKM-.SF:\W6;D\^.MGV5L.>L;E\ETPFGL!, >ZQMVYD>T&4
MA+*$7G:\E=WZ@R <4T&MO<^SEN74:F7/IA):*5,,D,I<E%W@%^WCAIZ)L;AN
M9:4T"<^AS+.FK_+25[UPI=KRQ:9.2@3;P5BP&/-Y]W#P'O(GSHB#"BZZE,R%
M'<GW=N8W+?MTXD^:8D^"8JU=C]L],<&>\6;G)K?L8^!?D@*9]\'"S8UY\:&#
M>&MG'E([<P/C\]KJ]XS;=IA@7G 2L\1' V2?)(7S$M'EE\.-]JXYRR=D'F@"
M.V*>HW4&N4NEELMW>![SLL^Q*BDX?1/A1Z2GL;R+"[H>AI(^85:UV!'WP@ND
M^%Y;^VE+]:AV%I8U9+6L\8."I)0LW-VSH.M^,"EY3%&S0I58H;%GUOYQ6&'S
MAO]#^_!K=JRSW>Q#[]%WEJ'=:?XH%^D(.PA)G[T"J(H0[_KAS<=/'R]_O;KZ
MS-[=?KSZ>'U[]9Y]N+FZ^_W+S=W*C->L\Z\$?-S![-EHQVQ1!P&&N"35' <L
M2$),'DR\. *%#& ?PQ-85QP]*J '.EV-E1CH>^*34SZ1I[&Q*>%0^"+DGC?#
MZV(2RV?CD6"_^RY^NXLY57L$S8^@JK&I8'WAN:#\Z;9!X'G!%$?UP?LG:*J#
MG=QC8\%E< #MA202@\3#X<4]]Q).4\'YHT,HO\$'"A# I WV=20BL7'4$8=)
M>.X8[!,J+<,X_+_/O1D1,8 ')+=<#H]QLC/@":Q>"1 ;>'A"#!:.<0M<!Q\C
M='"(*("WX-();'D PZUJKNIEFR&.TS;8+\+FB:R#$].*<A.NL2L'J0B>O_GE
M]NO;JY4?V =*OZBQNZ0?V:%+-738-9!)Z(*O#%\V7,H>IBA,*$1NXSP:!8D'
M_C;6[?0C%W@"WLF] + @UPV3S:,&AYBC((>H.3HF\ =9_V%@%.>J]>*C+,P(
M))JN6AK+&9(WD:T;$1'B_K:/9Z&!C1?1 .!SH\!30X9$UBP"+,=NG,3(<R$Q
M9)108G ((]1R+W+G43:<W803:K$(RZ,(4I&[()0L*WR0&2$?RDF&XMX54^*6
M$.0IO,QS"RP;1H";W)"-P5E@C@MCQ"!WT-G@(>4G/?"DP:[6O_"QUT6)+=<U
M_]7F/@)[@,H5Y5@P/2>BM*C-U / ND9 ^S-*+>^\CE8D#5+(\F\R^8L-$U=2
MBL1A80PBV)'D^V)> 0")+J!H7PAW!3X]#QY[$*(4AKDH-LD> 'DD7,1>7IX"
M)>/O/DYG,'!MD-,SI&X8!NZ;QZ#_3KB/J,#O-E@Y'#E B7Q2#TCNOK!%%/%P
M)AU=I)Y%4(+ !LWI)0[I.Q&G&Z077A!%+^E%G" H"YQD X^Y0UP+"@-XT%9X
MH=O'L%[WW_('\1W=;E%CT4/.>'8''1A(;.PO#E/)?AX&@3-U0:NY@!(WQ&G4
M<I_3&^G5.&<LR819?T'$/5@<P-J!07'56,VU!KHJ=H?SV48BCF7P/QTI8G1!
M:HO\VI6*E;)&*M%EHARY*&E(5:^HP;Q*AENG(Q>08:<J"X2;0,/PA'EWG:T*
MO+L%3TJE7H(EK->)VR^!6.,;6&5KK0EB'B0<^!TT$!%=$DG!#D8:=M-\T'BD
MER()S:]Z8+"B)DO)L:]:<LX-M (3'W D9+2,998:V)Q*"H+>]J6A"._($?CZ
M:2);@3 -E?:'-\$B@>W=B.QLG)74JQE44(BD4Z<JJW2&<)*$P,*H*?^ M7M1
MD#/1W6C!("#IT,^L<9GED>I\ &UN:6M6]#"T^R :0 2 I"8YRV(0RDZT"NUG
MY]@'G>F4#UKX?X?G \ $(!X4$H)RA;8B4A]*;R@MPM.;  WB.ZH90;ND2KJF
MLOM"WOZ2*O###;W7N3R=^5U]\.P&;OQ2WK&5XI&W/J9\U"M7E(K\?5&%R,"P
MO/*X+I'WQ2% '4L"J1N1PX:A"D;/APM%$ ZYKY8 .I,8',BQ!N.YH/92O993
M4/3XBHNWJ$N1J=0KUFDV!E[Q.%/M5. TB=%PE_(F!-, #0BTFZ61LDC^#P@4
M-YH3"Q5' @IWR<I8?@"NQ4%,A=3NA9^(@ZO BIS<,.OE/KIQ%-?AZT) 1QX:
M44XCNJ"K)MPR=8+D6I%KM<TNPXJW,/=9'_!2:Z2U! >+4#D!\GPL:AL'M"W,
M9S&[9"LPG\P1&>RD5M_M+,NF87M&P]SNT,GQ3\@\U5P;UL/OU'.M!@T\T5PM
MZQ 'NA[-2NOME60H]?#S;I&M.,*RA/0(P]4?X+Y1A%400!N J002OV'6]LD:
MK P /\(O&GZ'), %L!7DTXU6X 8T;'M(OIPPM.J6M0VQ':2/Z,+6^-(XIP]'
M<PLX'@A:YP$P37CE)+SM4EO."XQOA2W&?1&B\F5;PO2)FBM7 -K_G8#ETZBO
M@?23*NTM4'<R(+QP,-X14O@>1O5PZ_-E$5"><N&)C\L!+'T2Y70."EQT6AW#
M/.7ZLYJZ2DQ=W2*%TS5M:=HJ4CF[UNI8IUT[6]-7>>G+M)K'[("J*>SL*>RB
MV3CQVO^:NDI,70VS85BGW*&QC(1RM9ISMGBL9^\Z'64IQJ''T&,4'N.,PUR?
M\DFEE$M:C0Y%9N\,S.#S1$WS#*K(G"EF&D97HZ:4J-FYO:C&S%-KFN+5:C5J
MG@TU14MP:']R&\#>;CB)5(T&=]:NQ5U*5*[H/#%ST2NR,ZRQ\CQ8Z12V7S1F
MGFM'LFYT-<.4#2T[5P_3F'EJJ_(,NE.4T:A\N\WA]6I$+QO=8SHNVJ?<Q/U-
M'8DI*VKJ1ZT?K7&S6:+IT'))4=/6RJ:DJ+%:Q]PK.^, YH-U\/<Q,T_.D^E8
M1D,[F:5$3=,LW*5-H^:Y4DLZ.C935MS4B]N9&C?/I&W,PGW\-&J>!S7=5N%L
M.1W3W :P7]85<*Y&#--L=76DK*2XH>KPUFN-G5)B1W-.>7&C.4=C1V/G1+%S
MQ@'-7U=;@E0CAFEVM5M95MSLQO :.YISJHX;S3D:.QH[)XJ=,XYGWF[99*X:
M(<Z&I>,T)47-T7U-C9U-V0V:<<J*&LTX9<9.IW!6D,9,1?CFN8.;6=WT9P+P
MY\6NQ5F+T4-,H6VTMIC#FD:)6/W]LF&L:0:'N:4X !ZPG)^N7%]5_JS<+\LL
M? A#>\9EEE$:.\]D%/<*)_MKU&C&T=@QFSI7OJRHP0:XU8G$/K=-_/[19NLG
M9"9;^YC))^<O-MJZ0&E)46.:^D!L25'3[>KBL25%C=G5=3!+BAJK5?B<KT;-
M,W%-YYAFP+G'C+^&\#"W,P/9]6,Q#*7!; =1')V,=<PN&I6*(ILZ%E92S+1U
MS8B28J9XL1B-F>?!3$\'*$N*F;I.@2\I9G;HX*,CQP7[0G'J"T<!8S<6XU.*
M%C<K%2T^>G:1=N(WQ?)U>*6DF+$*JW>-F><RB37/E!,SELXQ+BEFBKN1SQ<K
M/H'#:UD7Y)M?;K^^O7H(B$'HB/ 2C5 $511XKL/2.3U**V59ZX.MP;=>72DY
MX,+L-8WZ@]UJMEW<8:730T)($U3Y":K=>"S*H&E*TU1!(=4&(65I(:4)ZE 6
M>:_W6$::)BI-5 6EE-5N&RTMI31!'8J@FJT-G5>?FI[.SCUE'W@X=/UM*JE(
MV,HYOVH  )T@Z7N"X/LZ!_FE2ULQ37G(RZH_2EY[@V 'ZGM&$/SX(#$\+D$K
M2S>/9L5HTM&D\Y#(:1@]+7(TW1PZ3J])1Y/.PR+G,:=,TXVFFU7GR^AJLIFO
MGMS!GV(.:TDSQ.!/.I4QN58I1.@%N26A&^8.9@>:?N^QV5LX^_]=^]]BBMN#
M"P"\O5:_*#0^W7):AK7%@A[*ZK.,[I:ED@XQU^Y6H&=?L/%\)/PXRB5$1G1@
MR!X!6 5\CJ( 6].#=SYUXQ&+1X)]#05WZ"[Z])]LLE"AJ@8/L:GP//R7VW:8
M<"\_OL&^CN"MS/5M+W$$X_ </HYGD^* 70>^+VQ\X3LW]D44,54 *X+[[H6?
M"#8(0A@XIG%A%@+0/*8I#I(X"07<!__X$0L&[(79,5H,0.:E1Z%>--I&(_VE
MAG-&.>#(8U$PJ4T3P'MPU'0BR]!Q??@]#L(9FX9N+"Z=8.I'JE#LT(5IVNHU
M.#/+J"].K&.TY_/"7X*)P#-;\P9:#SS8RO^P-"6)DTNB1O@-T.I,.<#(@25X
MP8128&E.-5R[X/:(V4"6!&-$=CP*A:QUZP,!L3%0U2ABPD>0?>"A/9(&7\.L
M,:MN60C0: +@ \KW9@9[MS#,PM-OA2W&?1$N# !_XV>DCH[1+ ,I@&S9$O/F
M_HC>B)3_3GRA$%(_!D*Z9GZ)</<V2)GLA93:$D9JZKU8\#F'([-E=!9F]@".
M&G-<KKP_2OJ1';H3 MZ4@SJ(TD4^ACN#G:9.;#1VUHG6\^I$F"GHQ%M)YA'S
MLA(S&5XR/"-%VS!O#N3HTPUV$E*GPPG<B(<*_ %^E25IYB/5@)[\*!GC"82P
M[\:A^A5I8+)4YG%G 9S3OH4D+[UCE?^-RM%=XZAT%S]V=!LH!>1G"&]>:YUQ
M^^_$E>M>>1[DTV<2J)GHW)'*Z,[5WTU-?7M37_.HU!>-@C"^C$4X)L$&IN"(
M31+ ,]J$8,P'B4\J+W> BH_A$???&86],(U>I@%3^GJ JEA*4,9\"F!HA"0X
MP5Z0!+],YM>?_N?V[:79P[?]6X1!:@7W\K;<W J5\A4&$7&N2UCFXDBEW5B8
M,MG!<*$X:Y@[V;QNNO@AJ)2(76!?"1&]S+>6P.D,W.]"K409)4LVR7IXA0O-
M>"<>3WVCN=]0V"ATUU#,9D*1[VPN.#F;<)*S!%.3++^,N676S"WC"<3%FY_[
M&%(IG1A:"0]UEGF[TP3>OLO;G& [QZ';3S+M\/#5I5WXY74_W[)61);9@F7]
M(5@"E+;?ZM"!&0L>H1<2)&"4]5TPUF;X<P3"6?5X 2,\Y$-!W)%1'=Z^ZHGD
M7R@#'6CQ 2,D<-,P#*;Q:+N'&6H$1HT-P1H,IK!8G!6P2AC<R\D^MCB#_3%R
M/9HV+ _=B7NP&C P.'?XD8>1F<9)!.Y/&,RX%[LBJJV(D"V6"P^Q".C!'8!B
M SJ8H%J0*@&?1C@0BX<B;\S@O*18&X*P!HR,> P6A/*NA'P[!QMZ[.*;_03%
M)XZI[&4<*8IA%4&DS!TI)()0P5\.[G-R-4FD!P#9S)0'\95XCD(W@!:$H#L6
MTHPAC&V+K(=%SXZ2I00<U@>C!*A?(D6& = J^/7JZC/ U><^D(B7<I#$)3#E
M(/&(5L'9CA /I%$!G6[@@%2\E)\ _2#V0S<*_(R?^D"%!%R)2): ]@FC&+Z1
M)L'8P3WW$NETXP-S%QQ>GWA 3GWPGE NX-4Q][ERP1)$]9ZRPD62]?]*?$ET
M1)AK@##!R$$H: &H!T,'[E!T+ &'T  =[),R3D+0[F*!&5'.R%%XGH'@"0RA
MS-?<3YRAB,GDYG,QEG);*-: !Q>*PXO!0%I'!.YE\$?HF(JA,IPP++@(]OFJ
MX06PG#&N\.#TKXC1Z@"UKMK24]>)1VH')/^44L3U^2.\'P5>$C_\2&Y^-A"+
M"+?GLRL0J-[.;$:VMVDNG>?/_1V%\WV_H;CL@^C\=LD',,57W)OR6;2XD#&8
M'7FH+2_X0:B74?8X8H#F]@:F7>+H-.CG(0FGD<!U=]2440H\"F)*?)=QS4$8
MC!]YS,']$M2*J<Q8<'V42I%, X+/_G:)>D%*.KBR<)>QA;R!57#/3F3LJ3\#
M3^#>)0'Q\*-PU[JI'YPWE_81K6>U<]>3#.GZ &TEDJ%DY\RWMRB.##++<S.9
M^C 4T?S+7P0S0$:9!VY,X7!PCX!.'!<&C;V94F7TQA6%\*@^J*TXG%)!HB/L
M@"4%R/_G/UK=U\50*->_N \."/#X)!*OT@^OT;?T^.R5ZQ,\Z:'7B[A=4XR$
M7B@OST6,49=B1F4BJS>KRP9=6MJ=E]<:#:/3:SUXN6Z8#U[;-*QI&LWZPY<W
M#;OY6K.UVY-ZLGJRVTQVNV&W3/I/LX0VZO[E#*+>-F<'I*'TO.DO*_$-6>J4
MXE4?9+SJ9C&T>(B$JA,#QT<TFIX.&OO5R"T/F-9031J;70'54S);8SE=;_6@
M4'& PAC/"TV,X&]!78\O<1NZ6TCJ6QKGQ(%H'IA%SQA4FMXTO1T/5$^I$JS.
M4^B$8RC9"P<=S9"RMM0&7?2R"!P/7FWT>>(1M/B%\,(7&8?9IWS5:9[LWFIE
MI4RK;[1[9U!#45-8>2G,:O0*=PS6%*8IK$ I\5K=-,^@.Y6FL?+26*M7UQ2F
M*>PI+;%&QVB5MO[KP7N%/2-DWXLHHLU%=KUNXWN;$CQGT&_#[!A=W0NEE+CI
M-C5J2HJ:AE6\@Z/&S3-YEH ;W1*MG+@QZ]UC-A*L2L3U5\K9^DPY6T6MQC.O
MMKG_LDO)6%;+VK5]_9&*OA[<2]6$>XJ$:[::N_JWFG UX1YOO6UPSW;<P-"$
MJPGWF'N[C5UCUIIP->$>T['?N7W@L0O1GW*<?(UGN7V1^H?6?2X5.-O=PFY7
M80B<4@7.(T2_SH:4FH75LB8E34IK2:E3N&>H)B5-2FM)J7@*E28E34H/2*6B
M.<5G34IGO!MUY3@,Y[]X>'\'#W\[S.]T8G/;9N)ZEGJ6AYCE@4($)-XZY63[
MM]O4B-EGX_],XG'K5E9*A=4^@PPT35_EI:_FKA:AIB]-7]MD%W1W#81H M,$
MM@V!-;0$TP3VI!98T223 ]+7@2(49799[AZI5;G3)N>VY^9*1&4[;JR7*.GC
M/#'3U)@I*6;,1WN,:]2<CE6F4?,\J&GM>DQ!9VEMGZ65+^B\QU[;AK);Y^4&
M;+GF4C*4U6[M>A1UZPIK979.-;V>%KV:[<8!DI,TO6IZ?9[%=LQ#I/AJ>M7T
M^DS'>WKFKD?L-;UJ>GU^^[59/T!:X!/0ZQFGYVW=^'*'4,1B'>PUR5'GDL[:
M,0O;L8<'T2GENQXA+E898FQW]SR,KHE1$^,!)>...R.:&#4Q'EHR[KRWK8E1
M$^/A):-6TX7/2/U$O3G?G&!S\976,!8N\1VV7[OFT8B]\X+I&;9.5^V+%]>)
M/8L_BIC9^,,D#.Y=1[;VO4@BZA#[,M>SFV.#;C=V1:1:&O.)&W-/9F4Y;BQ;
MKE.#[EB$/E L-CZ/@D$\Q4;LCK@77C"A]N?8UC@RY&3HW0.<3"@&GK"I*SA#
MWD#O%\:?\AE6@KYW!772Q8;?GOMWXL(-,^H$7V/3K#4\?!X)GVZ&!5!36WR
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MD_CA1QXZ2;T%[JY"EWO[G6<WY\=<" (+?_N!,X-_1O'8>_/_ 5!+ P04
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M& T)4)05%N#I]/NBD[L;-\;AT&#B>U>#D@W+R\)<^O"\W0[\("S](23_#AP
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M;+%9.1<;E<^>6>N,X9FQ66N(G8M3I=&OBR8HB,YL/50="&8/QIB=*V;[?-R
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MM51G_G;TW#S]P=K._:=/AKS)ZL[?CI(:[<8/%H>BUV"DO$:_Y;7$4#)&/ F
MT_RN-TPCU^]<]B"7K0=01 &670<+0@<.421%QX8E$2Q:5'0$23!4L.L.15X%
M_$2QD]?D;&=4Q=.?)R%(=F](?%2=,'O$T[FHZ8 ?QZ+O<;Y_$[&P\PH#JR+.
MJQ\VJ:>0Y$$?J(][2H=^Q\SR;6+\WW_HDE@\B%";^6SH!H-Y>"9)_/LCCA!T
M%#*2@%Q">T\H%KG9RH=ZLX+P1XHTKJ:7%J-$%ZF*128H6+%5"1,#_"$F% VF
M.DPR;#UW:(C%=3'VX2FMQN, &.Z$4\8;CO'_4/G,[%(ABE.T=!D+FJR#46^#
MD^KP!)-DB2*S"),$DCO4BB(V1./NK-*N[N@+U6OM*#S,($9'PZ$/@AB$W2LM
M!=K[ NX,"Y&9E *%*+O,M.,^\AQ>_C.X8A2=<?\''9,HSJI ?[>"H*P4]ZE@
M4;:7:+O,ON;US8@,P<L<AA[/Y%C!!%G,#\8<0;R1XPWI^"_D>#Y715Z$/'X2
M @7$Q0&*O/[(C\F !:/(GZ*(Q%[D3),GLP<""]"5!J[3>FH4WE:%C:"?$)'!
M=-[F!#X,SI_CGJ_'<Q91:9?UX_NH,OL%\_AJ25+G:MX;\/AY"?-?=E_C(U@0
M?]<*[>U+_(1*X2+T8L "S^R,!EEB(-J,(5A!X%L$EC0&Q/YVBN-J=JDSP[ ,
M:F-+AC^*)%!,!,/&@F%07:""+@E"[O#??QA%13FX2V\\(U?^^P]1$PXV_V;X
M!AI:1C@:+NU@:(U\AA1)S9B*<]/2%@&^,V!/+*+REQ:29"$/-]XM9G]?OCH+
M0*W"B@VN&B .^53?F6K-&A,O;8T*$K4$L(X5@A5-X^4^4A$S7:>R;:F"S4.L
MKY^I;I&-^AFV-SF*5X:(TA)3K6RV6;"4(N33.W?B*N/WXJJ3D'%-Q3>I)[L8
MN?D0-AV'.S/OW+7"7?(E$0U!=A0%R]P5!5R!%TIM VN4%6W)LAU;D=X"=P'2
ML;V$]0=UEZA0+.U9'W;CM?3>=QWV(+?5HVC$PG>>N]M,%"XU25:*NJYAF>K
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M)B\@\LQS9HWRH]!\8O: L.[OSEV^+(7OFZHKNKN/L"C:KK%5][M=PAP@\&C
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M^ED&F,:M[I+TM^R:#S'B>F(<2!]['59@5A=D1JSCDCCOHO%<&IJEI<S/VSX
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M;$4OC>-<7YY[K'-U>4FJO_YVOUPX/V6^2K+T[0E\[9XX,HTRD:17;T^^7WX
M].2WTU>O?OT; '_^Z^N%\WL6W2YE6CAGN62%%,Y=4EP[?PBY^LN)\VSI_)'E
M?R4_&0"GU8?.LIN'/+FZ+ASD(O3\K_D;ZOJ2>,0%'B0"8.AB0 F5 (=1Y,8>
M03Z2OUR]\3Q*(*4(<-\+ ?9="$*7!B .J( ,A2A6;Y=.%TGZUYOR'\Y6TE'!
MI:OJU[<GUT5Q\V8VN[N[>WW/\\7K++^:(=?U9EOKDXWY?<O^SJNL81B&L^JO
MCZ:KI,M0N86S/S]>?(NNY9*!)%T5+(W* 5;)FU7UYD46L:+B?"\NI]>B_ UL
MS4#Y%H!(,?GZ?B5.3E\YSIJ./%O(KS)VRI_?OY[W#AG.2HM9*J_*;_:+S)-,
M?"M87EPP+A<*?>6M>+B1;T]6R?)F(;?O7><R[G:[R/.&UQ)E6**$I$3Y][[!
M9@/@'PAOT<9Z '!5N)\.A7$7IY\.!O=2Y0=Y?,"U809#7E]0[U,QUK7[.-1@
MZ,='?*C+(BO88H3+XFF8&N1%^<:%>K49IG2T(YE6XVQ2=PVJO"]D*N0Z6S9<
M.XEX>Z)>S85,YN_3(BD>W@F1R]5*9:E"?LZ_Y-G/1&7U.21<((JQ@@\IP#1P
M >/E?8P+G[H,PYB3>?%X;<]E"KY_V\*HQM(;Z,0@TJ)'L<IM=IM'3_>ZY:+K
M!J;N7>7=CLY2MI2K&[;Y@$);E@7K $[76)T-V%^<"JZ3Y<X6\*^SIQ '\+L8
MC;7%5 G+H@:H15D\9/ES-K)(FXTG4:Y4(!45*QF]OLI^SI0+10F"Y0M0OJBT
MN-?QK/4-O\NWJ%D>[:%_8S&+,N7KI@"-;Z*L*\W"*S*SBV--JP)QHKX.(7-5
M"7<$U'')7K+[<Z'*X21.UO7<I]LEE_F<A@(C1'R@?JAZE5$/4,P0(#3FOHMY
M@*$TRPD](TTT*2BT3A.NL\9KFA/Z"-9-"@>@;9RL8,Z815+8P\: K-#G>>2T
ML"? =E[8]P'SQ+"=(9^G<98O*Y^J3)'GA5RNYCZ,"!&$@-B7:I+KJEHA]"(&
MD(A"RHE/1.#IYH5= TTM+3RV#6I@G1\E7*?"^S_]O+"3W_UIX5"L'3DKV!-F
ME!9TV+#*"CL=CY84=,*KYP0M>_.4\$U&M[E*-A#QRZ18R#D*7.HQCD$00A]@
M&5,00NZ#R)4$(>;YS ]TT\!SYU.3?@7*R6('HG_P?SI;N/J";[&W7^1#.#FR
ML$WI,))S7]Q6$FXY&TVV?6'4I=IK8UO*?T@6<EN]8^YQR3EPA0@ 1E$,&)84
M0$:D0!PQ$C.SZOW)^=3DN2D_2X"6)7J-.-VJW(Z.<0IQ'28L2N]VR .J[9JS
MD0OL=ACMFKK#QER4?RAQ%S(]RY;+VW13FZ_F,?<D%C0"B/H$X,##2ID1!S%S
MPQ 'OJ""ZBJS<X2IR7,#TFFBU)=H-XW[=3J8G".+U9 7(\'NC-U*M=T>1Y/N
MSH#J^MUM>)"Y\"7CJH3SPSA6LUT)B,2Q*H"9!ZC &$04>8'K^9%TM>^P?8-,
M3<K=4[H*ZK#I[YI2JZFO,5$O,NW=P]'0&6^#A$/-=M=.7W*FVPAKSRRW:6M;
M0K]?ROPJ2:_^G6=WQ;7*(C<L?2A[7I"X'@(XHJJ:5F('G'$*?!_YL1\CWZ>N
M637=.<[4Y+XI)[=8G3589X/6M,CNIE:WWAY,V#BEMRE7%F7X3B8&5.3=?D<N
MSG<&UZ[3=YM;M+FR11(EA?+XD2F%)6PQ9W'DNYPCP"2% ,,H ,S% N!0T,#E
M+HW=4+O1U7(_-<D_(72V$ W:7&WV-!I=@S@YLJI-Z#!K<_5&;=?H:KL;K]75
M&TJCV=5O92[3S5+XI?KD[]F2)>F<A3Z/(N$#$88>P#14>HU" D3 $>$$"BFY
MKDI;WJ<FT@U IT3H_%AC-*B_V^SM5^D@3HXL4C,ZC&3:&[:52MO>1A-I;R!U
MC?8;F4OTK-RQDDMVE@DY#X3/0D0%D BI.R=!JGX.N/HU9JX4$9$AT5XLJCN>
MFC#/JLU1"IQ3HM-79(.L_6*TI>#(.M2,WDB 7:%:::_A:#39=<&O*Z[S[[9S
MU_,TRO*;+*^FP]4VL;/L-BWRA^JR\KV04.1[Z@[)RL,)"(&02PYB$:BWF?0]
MH:U!C?&F)LW-_*R!N;9_<8/<4+<ZO.M.< _&YC@3W4%$6LQZM>@9,/O=[7_D
M6;!6L.W9L-[';-/+ICK8_+A(4@GG+H?<@W$ 7"$IP$$8JZ028$"00#((N,]H
M9+5QO#[*1%/)XR;H;?U9@G4^I[:;QAO$ZF:-@72-DRO,F;+?+=[%Q/"MX@VO
M+[-/O"NPWDWBG<;FPB^/^"V^7&?I=G>$J^1.!!8 2A8"''LQX(1[93<<,2Y8
M'$OM1OASYU.3>87/J0 :;RMI$;=?ST/H.+*,#9@P$FY?R%9Z;3D;3:9]8=35
MV6MC,;/.?LK\'5\5.8L*G=EBW7Y"5U6%R_FQ17:@CDUGM'8SQH:G\::,70$T
MYHR=!N;7T9=<EKLDI$)4+J5>EJ<(\\\J@^?S6 @7NC0&2'@08$(%X+%P01AQ
MCB2-2,BTUSSZAYE:PE=(052#ZJRQ.A58_=R_@]?]8CT,6T=6KAU11C+>SX.5
MIG>X'4W@^T.KJUW#VF+]1+D2I;L/"W8U=_TPAI&JXH(HX@!#Y@-&B !,<.D1
M&% 1:!=U#<]3$_@C.*=$9[!@TJ!+8['$EH1C+Y3HQ6^V0M(5J]WJ2,/3>"LC
M70$T5D4Z#09V4>2JMMCR[CY9S44,L2LD E@&#& A( ACR0"B<8@$@:% =F?P
M6T--39;-+H&L]0G6*WHE9H/ES3T\&W96!K$W:GO%E#C['DLO)\,;+6W7+]-M
MZ0VQM^72_XG!I?GY:G4K\WHA21&B/H8<1$%  0Y]!BB7,<!Q[#*/"1@1[4,$
M^P:;6KIH59]KQ(>IUMM4&]?L@P@<NW(WX6Y( =]+RB'*^+;SERKF>\/<4=+W
M?\8\<5SFK'SNW;>')<\6<Q?Y,?&1 - C&&!5RP/&$ 3<$Q3ZS!6(:C_"H^%Y
M:BEA \Y9H],7?Y.N_4JW)N'(LM:,WTC G;%:J;7I:31I=@90UV&W@?T1H<>G
MJ/W."CFGQ/6%##!@ 8/EPR!#0)DG 7,1HS*D'O&TZ_G.$:8FPL>#+VN4CH+I
ME#C-#P8UB=POR\'T'%F>QLQ8'0?JC'[06:"FQ]$/ G4&U'4*J-O07LAE!3\7
MH1_' 8^!C#P78$0)8)11@'S"N:1,(E][1W'=\61E6X(SUVK%E;Y$31D82YD[
M@[>28SW202JL'(TNOCK\+LTU_F[;#/LJKY)R'2LM/JDO:4YH[/J1K^Z6 28
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MC#ELJY$5O9XZ[/K>#!5(4-<0WU_/W),#[4?9XO(+?<LA5+PMV[R]>ATCJM]
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M971T97(N:'1M4$L! A0#%     @ )#BJ5%D]86I,%0  J)(  !$
M     ( !H&8  '!T;VXM,C R,C U,3 N:'1M4$L! A0#%     @ )#BJ5'"0
MCY9^ @  ?P@  !$              ( !&WP  '!T;VXM,C R,C U,3 N>'-D
M4$L! A0#%     @ )#BJ5 \Q8DDB"   =#H  !4              ( !R'X
M '!T;VXM,C R,C U,3!?9&5F+GAM;%!+ 0(4 Q0    ( "0XJE02>/FX&@P
M )!P   5              "  1V'  !P=&]N+3(P,C(P-3$P7VQA8BYX;6Q0
M2P$"% ,4    "  D.*I4-H$Q$K$'  #)/   %0              @ %JDP
K<'1O;BTR,#(R,#4Q,%]P<F4N>&UL4$L%!@     &  8 DP$  $Z;      $!

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