Item 2. PROPERTIES
3K characters. Original on sec.gov · Markdown
Item 2. PROPERTIES
We have two global corporate headquarters, located in Frisco, Texas and Burlington, Massachusetts, 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, 2025:
| U.S. Refreshment Beverages | U.S. Coffee | International | Total | ||||||||||||||||||||||||||||||||||||||||||||
| Owned | Leased | Owned | Leased | Owned | Leased | Owned | Leased | ||||||||||||||||||||||||||||||||||||||||
| United States | |||||||||||||||||||||||||||||||||||||||||||||||
| Production facilities | 7 | 12 | — | 5 | — | — | 7 | 17 | |||||||||||||||||||||||||||||||||||||||
| Warehouse and distribution facilities | 26 | 66 | — | 7 | — | — | 26 | 73 | |||||||||||||||||||||||||||||||||||||||
| Foreign | |||||||||||||||||||||||||||||||||||||||||||||||
| Production facilities | 1 | — | — | — | 3 | 1 | 4 | 1 | |||||||||||||||||||||||||||||||||||||||
| Warehouse and distribution facilities | — | — | — | — | 5 | 65 | 5 | 65 | |||||||||||||||||||||||||||||||||||||||
| Total | 34 | 78 | — | 12 | 8 | 66 | 42 | 156 |
We believe our facilities are well-maintained and adequate, that they are being appropriately utilized, and that they have sufficient capacity for their present intended purposes. The extent of utilization of such facilities varies based on seasonal demand for our products and the status of our investments to maintain or upgrade various technologies or equipment within such facilities. We ceased operations at our Windsor, Virginia manufacturing facility during the year ended December 31, 2025.
We periodically review our space requirements, and we look to consolidate and dispose or sublet facilities we no longer need as appropriate.
Previous: Item 1C. CYBERSECURITY · Next: Item 3. LEGAL PROCEEDINGS