Item 2. Properties
Item 2. Properties.
As of March 31, 2024, we owned or leased approximately 13.3 million square feet of space worldwide, which excludes certain under-utilized spaces that we inherited from our former Parent at Separation and exited in fiscal years 2023 and 2024. Refer to Note 9 – Leases for more information. The Company will continue to evaluate space requirements and identify opportunities to improve operating efficiencies. Below is a summary of the Company’s active properties.
United States*
Japan
Principal Markets
Strategic Markets
Total
Number of
Square Feet
Number of
Square Feet
Number of
Square Feet
Number of
Square Feet
Number of
Square Feet
Locations
(in millions)
Locations
(in millions)
Locations
(in millions)
Locations
(in millions)
Locations
(in millions)
Leased
31
1.2
46
1.1
136
3.9
135
2.4
348
8.6
Owned
3
3.1
—
—
8
0.9
5
0.8
16
4.7
Total
34
4.3
46
1.1
144
4.8
140
3.2
364
13.3
* United States includes our principal executive offices not allocated to the Unites States segment, including our global headquarters located in New York, New York.
Item 3. Legal Proceedings.
Refer to Note 13 – Commitments and Contingencies to the consolidated financial statements included elsewhere in this Form 10-K.
Item 4. Mine Safety Disclosures .
Not applicable.
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.