Item 2. PROPERTIES

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Item 2. PROPERTIES

We have two global 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, 2022:

Beverage ConcentratesPackaged BeveragesLatin America BeveragesCoffee SystemsTotal
OwnedLeasedOwnedLeasedOwnedLeasedOwnedLeasedOwnedLeased
United States
Production facilities1—512——15717
Warehouse and distribution facilities——2860———82868
International
Production facilities1———3——242
Warehouse and distribution facilities————531—33564
Total2—337283114844151

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.

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