Item 2. PROPERTIES

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Item 2. PROPERTIES

We own our world headquarters located in Cleveland, Ohio, which includes the world headquarters for The Americas Group, Consumer Brands Group and Performance Coatings Group. Our principal manufacturing and distribution facilities are located as set forth below. We believe our manufacturing and distribution facilities are well-maintained and are suitable and adequate, and have sufficient productive capacity, to meet our current needs.




	Manufacturing			Distribution
	Leased	Owned	Total	Leased	Owned	Total
Consumer Brands Group
Asia	1	6	7	1	3	4
Australia		3	3		3	3
Canada		3	3
Europe	1	3	4	2	3	5
Jamaica		1	1		1	1
Latin America	3	6	9	4	5	9
United States	4	27	31	6	3	9
Total	9	49	58	13	18	31

Performance Coatings Group
Africa		1	1		1	1
Asia	2	4	6	2	4	6
Canada		1	1
Europe	4	21	25	5	13	18
Latin America		5	5	1	7	8
United States	1	10	11	1	10	11
Total	7	42	49	9	35	44

The operations of The Americas Group included one manufacturing and distribution facility in Uruguay and 4,620 company-operated specialty paint stores, of which 218 were owned, in the United States, Canada, Puerto Rico, Virgin Islands, Grenada, Trinidad and Tobago, St. Maarten, Jamaica, Curacao, Aruba, St. Lucia, Uruguay, Brazil, Chile, Peru, Mexico, Ecuador and Barbados at December 31, 2017. These paint stores are divided into six separate operating divisions that are responsible for the sale of predominantly architectural, protective and marine and related products through the paint stores located within their geographical region. At the end of 2017:


•	the Mid Western Division operated 1,088 paint stores primarily located in the midwestern and upper west coast states;


•	the Eastern Division operated 856 paint stores along the upper east coast and New England states;


•	the Canada Division operated 227 paint stores throughout Canada;


•	the Southeastern Division operated 1,095 paint stores principally covering the lower east and gulf coast states, Puerto Rico, Virgin Islands, Grenada, Trinidad and Tobago, St. Maarten, Jamaica, Curacao, Aruba, St. Lucia and Barbados;


•	the South Western Division operated 1,001 paint stores in the central plains and the lower west coast states; and


•	the Latin America Division operated 353 paint stores in Uruguay, Brazil, Chile, Peru, Mexico and Ecuador.

During 2017, The Americas Group opened 101 net new stores, consisting of 114 new stores opened (76 in the United States, 15 in Canada, 1 in Curacao, 14 in South America and 8 in Mexico) and 13 stores closed (4 in the United States, 1 in Canada, 6 in South America and 2 in Mexico).

The Performance Coatings Group operated 229 branches in the United States, of which 8 were owned, at December 31, 2017. The Performance Coatings Group also operated 61 branches internationally, of which 6 were owned, at December 31,

2017, consisting of branches in Canada (26), Europe (16), Chile (11), Mexico (4), Peru (1) and Vietnam (3). During 2017, this segment opened 4 new branches and closed 2 branches for a net increase of 2 branches.

All real property within the Administrative segment is owned by us. For additional information regarding real property within the Administrative segment, see the information set forth in Item 1 of this report, which is incorporated herein by reference.

For additional information regarding real property leases, see Note 17 of the Notes to Consolidated Financial Statements on page 74 of our 2017 Annual Report, which is incorporated herein by reference.

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