Item 2. PROPERTIES

3K characters. Original on sec.gov · Markdown

Item 2. PROPERTIES

We have two corporate headquarters, located in Burlington, Massachusetts and Frisco, Texas, both of which are leased.

The following table summarizes our principal manufacturing plants and principal warehouse and distribution facilities by geography and reportable segment as of December 31, 2021:


	Beverage Concentrates		Packaged Beverages		Latin America Beverages		Coffee Systems		Total
	Owned	Leased	Owned	Leased	Owned	Leased	Owned	Leased	Owned	Leased
United States
Production facilities	1	—	6	11	—	—	2	4	9	15
Warehouse and distribution facilities	—	—	27	56	—	—	—	5	27	61
International
Production facilities	1	—	—	—	3	—	1	1	5	1
Warehouse and distribution facilities	—	—	—	—	5	30	—	34	5	64
Total	2	—	33	67	8	30	3	44	46	141

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 appropriate.

Previous: Item 1B. UNRESOLVED STAFF COMMENTS · Next: Item 3. LEGAL PROCEEDINGS