Item 2. Properties.
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Item 2. Properties.
As of October 31, 2019, we owned or leased approximately 17 million square feet of space worldwide. A summary of the Company's operationally utilized space is provided below.
| As of October 31, 2019 | ||||||||
| Owned | Leased | Total | ||||||
| (Square feet in millions) | ||||||||
| Administration and support | 4 | 7 | 11 | |||||
| (Percentage) | 38 | % | 62 | % | 100 | % | ||
| Core data centers, manufacturing plants, research and development facilities, and warehouse operations | 1 | 1 | 2 | |||||
| (Percentage) | 48 | % | 52 | % | 100 | % | ||
| Total | 5 | 8 | 13 | |||||
| (Percentage) | 40 | % | 60 | % | 100 | % |
We believe that our existing properties are in good condition and are suitable for the conduct of our business. Substantially all of our properties are utilized in whole or in part by our Hybrid IT and Intelligent Edge segments.
In connection with the HPE Next initiative, we continue to anticipate changes in our real estate portfolio over the next year. These changes may include reductions in overall space, and an increase in leased space as a percentage of total space.
Principal Executive Offices
Our principal executive offices, including our global headquarters, are located at 6280 America Center Drive, San Jose, California, 95002, United States of America ("U.S.").
Product Development, Services and Manufacturing
The locations of our major product development, services, manufacturing, and Hewlett Packard Labs facilities are as follows:
| Americas Puerto Rico—Aguadilla United States—Alpharetta, Andover, Austin, Carrollton, Chippewa Falls, Colorado Springs, Fremont, Fort Collins, Houston, Milpitas, Palo Alto, Roseville, San Jose, Santa Clara, Sunnyvale | Europe, Middle East, Africa United Kingdom—Bristol, Erskine | |
| Asia Pacific China—Beijing, Shanghai India—Bangalore Japan—Tokyo *Singapore—*Singapore *Taiwan—*Taipei |
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