−Removed: The Company’s global headquarters, which includes the global headquarters for the Paint Stores, Consumer Brands and Performance Coatings Groups and the Administrative segment, is located in Cleveland, Ohio.
−Removed: During 2023, the Company closed on a transaction to sell and subsequently lease back its current headquarters and research and development center.
+Added: The Company’s global headquarters, which includes the global headquarters for the Paint Stores, Consumer Brands and Performance Coatings Groups and the Administrative function, is located in Cleveland, Ohio.
+Added: During 2023, the Company closed on a transaction to sell and subsequently lease back its current global headquarters and research and development center.
Construction of the Company’s new global headquarters and research and development center is expected to be completed in 2025.
16 unchanged sentences
Europe 1 8 9 4 4 8
+Added: Latin America 1 1
United States 1 1 2 2
2 9 11 6 4 10
−Removed: (1) Certain geographic locations may contain both manufacturing and distribution facilities.
+Added: (1) Certain locations may contain both manufacturing and distribution facilities.
The operations of the Paint Stores Group included 4,773 company-operated specialty paint stores, of which 206 were owned, in the United States, Canada, Puerto Rico, Virgin Islands, Grenada, Trinidad and Tobago, St.
−Removed: Maarten, Jamaica, Curacao, Aruba, St.
+Added: Maarten, Jamaica, Curaçao, Aruba, St.
Lucia and Barbados at December 31, 2024.
1 unchanged sentence
At the end of 2024:
−Removed: • the Mid Western Division operated 1,189 paint stores primarily located in the midwestern and upper west coast states;
+Added: • the Mid Western Division operated 1,204 paint stores primarily located in the mid west and upper west coast states;
• the Eastern Division operated 921 paint stores along the upper east coast and New England states;
1 unchanged sentence
• the Southeastern Division operated 1,210 paint stores principally covering the lower east and gulf coast states, Puerto Rico, Virgin Islands, Grenada, Trinidad and Tobago, St.
−Removed: Maarten, Jamaica, Curacao, Aruba, St.
+Added: Maarten, Jamaica, Curaçao, Aruba, St.
Lucia and Barbados;
6 unchanged sentences
The Performance Coatings Group operated 225 branches in the United States and 99 branches internationally at December 31, 2024.
−Removed: International locations consisted of branches in Europe (47), Canada (22), Chile (11), Mexico (5), Peru (3), Ecuador (2), Brazil (2), Thailand (2), Indonesia (2), Vietnam (1) and China (1).
−Removed: During 2023, this segment added 5 net new branches, consisting of 8 opened or acquired branches and 3 branches closed.
−Removed: All real property within the Administrative segment is owned with the exception of the current global headquarters, current research and development center and new global headquarters currently under construction.
−Removed: For additional information regarding real property within the Administrative segment, see information set forth in Item 1 and Item 7 of this report, which are incorporated herein by reference.
+Added: International locations consisted of branches in Europe (47), Canada (22), Chile (11), Mexico (5), Peru (3), Ecuador (2), Brazil (2), Thailand (2), Indonesia (2), Vietnam (1), Singapore (1) and China (1).
+Added: During 2024, this segment added 2 new branches.
+Added: All real property within the Administrative function is owned with the exception of the current global headquarters, current research and development center and new global headquarters currently under construction.
+Added: For additional information regarding real property within the Administrative function, refer to Item 1 and Item 7 of this report, which are incorporated herein by reference.
For additional information regarding real property leases, see Note 9 to the consolidated financial statements in Item 8.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.