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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2021
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 1,134.8 $ 1,035.5
Marketable securities 472.0 719.5
Accounts receivable, net 71.4 34.6
Inventories, net 937.1 244.5
Prepaid expenses and other current assets 202.8 124.5
Total current assets 2,818.1 2,158.6
Property and equipment, net 591.9 242.3
Intangible assets, net 247.9 16.0
Goodwill 210.1 39.1
Restricted cash 0.9 1.5
Operating lease right-of-use assets, net 580.1 492.5
Other assets 36.7 31.8
Total assets 4,485.6 2,981.8
Current liabilities:    
Accounts payable and accrued expenses 989.1 361.7
Customer deposits and deferred revenue 164.8 363.6
Operating lease liabilities, current 61.9 36.9
Other current liabilities 27.2 10.0
Total current liabilities 1,243.0 772.2
Convertible senior notes, net 829.8 0.0
Operating lease liabilities, non-current 620.4 508.2
Other non-current liabilities 38.3 23.4
Total liabilities 2,731.5 1,303.8
Commitments and contingencies (Note 13)
Stockholders’ equity    
Common stock, $0.000025 par value; 2,500,000,000 and 2,500,000,000 Class A shares authorized, 270,855,356 and 237,518,574 shares issued and outstanding as of June 30, 2021 and June 30, 2020, respectively; 2,500,000,000 and 2,500,000,000 Class B shares authorized, 29,291,774 and 50,538,538 shares issued and outstanding as of June 30, 2021 and June 30, 2020, respectively. 0.0 0.0
Additional paid-in capital 2,618.9 2,361.8
Accumulated other comprehensive income 18.2 10.1
Accumulated deficit (883.0) (693.9)
Total stockholders’ equity 1,754.1 1,678.0
Total liabilities and stockholders’ equity $ 4,485.6 $ 2,981.8