Item 2. PROPERTIES

As of December 31, 2025, we owned or leased approximately 31 million square feet of space worldwide. Manufacturing and assembly operations are principally conducted in 38 plants across the world. We also maintain various warehouses, offices, technology centers, and repair centers throughout the world. The majority of our plant facilities are owned by us with the remainder under long-term lease arrangements. We believe that our plants have been well maintained, are generally in good condition and are suitable for conducting our business.

The locations of our principal plant facilities, by segment, at December 31, 2025 were as follows: