Coca Cola 2015 Annual Report Download - page 24

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Our worldwide headquarters is located on a 35-acre office complex in Atlanta, Georgia. The complex includes our 621,000 square foot headquarters building
and an 870,000 square foot building in which our North America group’s main offices are located. The complex also includes several other buildings,
including our 264,000 square foot Coca-Cola Plaza building, technical and engineering facilities and a reception center. We also own an office and retail
building at 711 Fifth Avenue in New York, New York. These properties, except for the North America group’s main offices, are included in the Corporate
operating segment.
We own or lease additional facilities, real estate and office space throughout the world which we use for administrative, manufacturing, processing,
packaging, storage, warehousing, distribution and retail operations. These properties are generally included in the geographic operating segment in which
they are located.
In the North America operating segment's geographic area, as of December 31, 2015, we owned 63 beverage production facilities, 10 principal beverage
concentrate and/or syrup manufacturing plants, one facility that manufactures juice concentrates for foodservice use, two bottled water facilities, and one
container manufacturing facility; we leased one beverage production facility, one bottled water facility and four container manufacturing facilities; and we
operated 224 principal beverage distribution warehouses, of which 80 were leased and the rest were owned. Also included in the North America operating
segment is a portion of the Atlanta office complex consisting of the North America group’s main offices.
Outside of the North America operating segment's geographic area, as of December 31, 2015, our Company owned and operated 18 principal beverage
concentrate manufacturing plants, of which three are included in the Eurasia and Africa operating segment, three are included in the Europe operating
segment, five are included in the Latin America operating segment, and seven are included in the Asia Pacific operating segment.
We own or hold a majority interest in or otherwise consolidate under applicable accounting rules bottling operations that, as of December 31, 2015, owned
76 principal beverage bottling and canning plants located throughout the world. These plants are included in the Bottling Investments operating segment.
Management believes that our Company's facilities for the production of our products are suitable and adequate, that they are being appropriately utilized in
line with past experience, and that they have sufficient production capacity for their present intended purposes. The extent of utilization of such facilities
varies based upon seasonal demand for our products. However, management believes that additional production can be obtained at the existing facilities by
adding personnel and capital equipment and, at some facilities, by adding shifts of personnel or expanding the facilities. We continuously review our
anticipated requirements for facilities and, on the basis of that review, may from time to time acquire additional facilities and/or dispose of existing facilities.
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The Company is involved in various legal proceedings, including the proceedings specifically discussed below. Management believes that the total
liabilities to the Company that may arise as a result of currently pending legal proceedings will not have a material adverse effect on the Company taken as a
whole.
Aqua-Chem Litigation
On December 20, 2002, the Company filed a lawsuit (The Coca-Cola Company v. Aqua-Chem, Inc., Civil Action No. 2002CV631-50) in the Superior Court of
Fulton County, Georgia ("Georgia Case"), seeking a declaratory judgment that the Company has no obligation to its former subsidiary, Aqua-Chem, Inc., now
known as Cleaver-Brooks, Inc. ("Aqua-Chem"), for any past, present or future liabilities or expenses in connection with any claims or lawsuits against Aqua-
Chem. Subsequent to the Company's filing but on the same day, Aqua-Chem filed a lawsuit (Aqua-Chem, Inc. v. The Coca-Cola Company, Civil Action No.
02CV012179) in the Circuit Court, Civil Division of Milwaukee County, Wisconsin ("Wisconsin Case"). In the Wisconsin Case, Aqua-Chem sought a
declaratory judgment that the Company is responsible for all liabilities and expenses not covered by insurance in connection with certain of Aqua-Chem's
general and product liability claims arising from occurrences prior to the Company's sale of Aqua-Chem in 1981, and a judgment for breach of contract in an
amount exceeding $9 million for costs incurred by Aqua-Chem to date in connection with such claims. The Wisconsin Case initially was stayed, pending
final resolution of the Georgia Case, and later was voluntarily dismissed without prejudice by Aqua-Chem.
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