A Dark Vector Cognition product

Item 2. PROPERTIES

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Item 2. PROPERTIES

We have two corporate headquarters, located in Burlington, Massachusetts and Plano, Texas.

The following table summarizes our principal manufacturing plants and principal warehouse and distribution facilities by geography and reportable segment as of December 31, 2019:

Beverage ConcentratesPackaged BeveragesLatin America BeveragesCoffee SystemsTotal
OwnedLeasedOwnedLeasedOwnedLeasedOwnedLeasedOwnedLeased
United States
Production facilities1—98——331311
Warehouse and distribution facilities——3262———63268
International
Production facilities————3—4171
Warehouse and distribution facilities————526224750
Total1—417082693459130

We believe our facilities are well-maintained and adequate, that they are being appropriately utilized and that they have sufficient production capacity for their present intended purposes. The extent of utilization of such facilities varies based on seasonal demand for our products. It is not possible to measure with any degree of certainty or uniformity the productive capacity and extent of utilization of these facilities. We periodically review our space requirements, and we look to consolidate and dispose or sublet facilities we no longer need as and when appropriate.

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