Item 2. Properties
ITEM 2. PROPERTIES
Our corporate headquarters is located at a leased facility in Ashburn, VA. We own or lease numerous offices and data centers in approximately 340 locations around the world. We do not identify properties by segment, as they are interchangeable in nature and used by both segments.
We continue to reduce our space capacity at low utilization and sub-scale locations, exit co-locations, align locations by skill type and optimize our data center footprint. Where commercially reasonable and to the extent it is not needed for future expansion, we seek to sell, lease or sublease our excess space.
The following table provides a summary of properties we owned and leased as of March 31, 2025:
Approximate Square Feet (in millions)
Geographic Area Owned Leased Total
United States 1.3 1.0 2.3
EMEA 1.1 2.3 3.4
APAC 0.2 2.1 2.3
All other 0.6 0.1 0.7
Real estate in restructuring — 0.9 0.9
Inactive space 0.7 0.1 0.8
Sublet space 0.2 — 0.2
Total 4.1 6.5 10.6
Approximate Square Feet (in millions)
Type Owned Leased Total
Offices 0.9 4.1 5.0
Data centers 2.3 1.4 3.7
Real estate in restructuring — 0.9 0.9
Inactive space 0.7 0.1 0.8
Sublet space 0.2 — 0.2
Total 4.1 6.5 10.6
We believe that the facilities described above are suitable and adequate to meet our current and anticipated requirements. See Note 7 - "Property and Equipment," which provides additional information related to our land, buildings and leasehold improvements, and Note 5 - "Leases," which provides additional information related to our real estate lease commitments.
ITEM 3. LEGAL PROCEEDINGS
See Note 20 - "Commitments and Contingencies" under the caption “Contingencies” for information regarding legal proceedings in which we are involved.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
37
PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.