What changed in this filing

/stocks — the workspaceLOADING

Item 2. Properties

2021-02-11 compared with 2020-02-12 · 34 added, 61 removed, 30 unchanged (76% of the section changed)

As of February 11, 2021, our major facilities were owned (unless otherwise indicated) and are as follows:

Administrative offices

Chicago, Illinois (1)

segment operational headquarters

Golden, Colorado

segment administrative office

Milwaukee, Wisconsin

segment administrative office

Brewery/packaging plants

Albany, Georgia (2)

Facility Location Character

North America Segment

Administrative offices Chicago, Illinois (1)

North America segment operational headquarters

Montréal, Québec Corporate principal executive office and North America segment administrative office

Golden, Colorado Corporate principal executive office and North America segment administrative office

Milwaukee, Wisconsin North America segment administrative office

Toronto, Ontario North America segment administrative office

Brewery/packaging plants Albany, Georgia (2)

Brewing and packaging

5 unchanged sentences

Brewing and packaging

Irwindale, California (3)

Brewing and packaging

Milwaukee, Wisconsin

Brewing and packaging

Milwaukee, Wisconsin Brewing and packaging

Trenton, Ohio (2)

Brewing and packaging

Beer distributorship

Denver, Colorado

Container operations

Wheat Ridge, Colorado (4)

Montréal, Québec (3)

Brewing and packaging

Toronto, Ontario Brewing and packaging

Chilliwack, British Columbia Brewing and packaging

Beer distributorship Denver, Colorado Distribution

Container operations Wheat Ridge, Colorado (4)

Bottling manufacturing facility

1 unchanged sentence

Can and end manufacturing facilities

Malting operations

Golden, Colorado

Canada Segment

Administrative offices

Montréal, Québec

Corporate headquarters

Toronto, Ontario

Canada segment operational headquarters

Brewery/packaging plants

Montréal, Québec (5)

Brewing and packaging

Toronto, Ontario (5)

Brewing and packaging

Chilliwack, British Columbia (6)

Brewing and packaging

Malting operations Golden, Colorado Malting

Europe Segment

Administrative offices

Burton-on-Trent, U.K.

Administrative offices Burton-on-Trent, U.K.

Europe segment operational headquarters

Prague, Czech Republic

Europe segment administrative office

Brewery/packaging plants

Apatin, Serbia (7)

Brewing and packaging

Bőcs, Hungary

Prague, Czech Republic Europe segment administrative office

Brewery/packaging plants Apatin, Serbia (5)

Brewing and packaging

Bőcs, Hungary Brewing and packaging

Burton-on-Trent, U.K.

Brewing and packaging

Haskovo, Bulgaria

Brewing and packaging

Niksic, Montenegro

Brewing and packaging

Ostrava, Czech Republic

Brewing and packaging

Haskovo, Bulgaria Brewing and packaging

Niksic, Montenegro Brewing and packaging

Ostrava, Czech Republic Brewing and packaging

Ploiesti, Romania (5)

4 unchanged sentences

Brewing and packaging

Zagreb, Croatia

Brewing and packaging

We lease the office space for our U.S.

segment headquarters in Chicago, Illinois.

The Golden, Trenton, Elkton, Albany and Fort Worth breweries collectively account for approximately 78% of our U.S.

In January 2020, we announced plans to cease production at our Irwindale, California brewery, which is currently expected to occur by September 2020, and entered into an agreement with Pabst Brewing Company, LLC, granting them an option to purchase the Irwindale brewery.

Products produced in the Irwindale brewery will be transitioned to

other breweries in our network.

See Part II—Item 8 Financial Statements and Supplementary Data, Note 7, "Special Items" for additional details.

The Wheat Ridge and Golden, Colorado facilities are leased from us by RMBC and RMMC, respectively.

The Montréal and Toronto breweries collectively account for approximately 84% of our Canada production.

Zagreb, Croatia Brewing and packaging

(1) We lease the office space for our North America segment operational headquarters in Chicago, Illinois.

(2) The Golden, Trenton, Elkton, Albany and Fort Worth breweries collectively account for approximately 73% of our North America production.

(3) In June 2019, we completed the sale of our Montréal brewery, and in conjunction with the sale, we agreed to lease back the existing property to continue operations on an uninterrupted basis until the new Longueuil, Quebec brewery is operational, which is currently expected to occur in 2021.

The final closure of the leased Vancouver brewery was completed in the third quarter of 2019, and our new Chilliwack brewery is now operational.

(4) The Wheat Ridge and Golden, Colorado facilities are leased from us by RMBC and RMMC, respectively.

(5) The Burton-on-Trent, Prague, Ploiesti, Apatin and Tadcaster breweries collectively account for approximately 70% of our Europe production.

In addition to the properties listed above, we have smaller capacity facilities, including craft breweries and cideries, in each of our segments.

We own and lease various warehouses, distribution centers and office spaces throughout the United States, Canada, Europe and international countries in which our International segment operates.

We own and lease various warehouses, distribution centers and office spaces throughout the North American segment and European segment countries in which we operate.

Additionally, our Truss joint venture subleases its production facility in Belleville, Ontario from our joint venture partner, HEXO.

We also lease offices in Colorado, the previous location of our Corporate and International segment headquarters.

As part of our revitalization plan, we announced the closure of our Denver, Colorado office location, which is expected to occur in 2020.

We believe our facilities are well maintained and suitable for their respective operations.

In 2020, our operating facilities were not capacity constrained.

LEGAL PROCEEDINGS

Litigation and other disputes

For information regarding litigation, other disputes and environmental and regulatory proceedings see Part II—Item 8 Financial Statements and Supplementary Data, Note 18, "Commitments and Contingencies."

MINE SAFETY DISCLOSURES

Not applicable.

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.

What changed 10-K

Item 2. Properties