Lowe's 2013 Annual Report Download - page 19

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11
Future litigation or governmental proceedings could result in material adverse consequences, including judgments or
settlements.
We are, and in the future will become, involved in lawsuits, regulatory inquiries, and governmental and other legal proceedings
arising out of the ordinary course of our business. Some of these proceedings may raise difficult and complicated factual and
legal issues and can be subject to uncertainties and complexities. The timing of the final resolutions to lawsuits, regulatory
inquiries, and governmental and other legal proceedings is typically uncertain. Additionally, the possible outcomes of, or
resolutions to, these proceedings could include adverse judgments or settlements, either of which could require substantial
payments. None of the legal proceedings in which we are currently involved, individually or collectively, is considered
material.
Item 1B - Unresolved Staff Comments
None.
Item 2 - Properties
At January 31, 2014, our properties consisted of 1,832 stores in the U.S., Canada and Mexico with a total of approximately 200
million square feet of selling space. Of the total stores operating at January 31, 2014, approximately 86% are owned, which
includes stores on leased land, with the remainder being leased from third parties. We also operate regional distribution centers
and other facilities to support distribution and fulfillment, as well as data centers and various support offices. Our executive
offices are located in Mooresville, North Carolina.
Item 3 - Legal Proceedings
We are a defendant in legal proceedings considered to be in the normal course of business, none of which, individually or
collectively, is considered material.
Item 4 - Mine Safety Disclosures
Not applicable.