Costco 2011 Annual Report Download - page 24

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PROPERTIES
Warehouse Properties
At August 28, 2011, we operated 592 membership warehouses:
NUMBER OF WAREHOUSES
Own Land
and Building
Lease Land
and/or
Building(1) Total
United States and Puerto Rico .................... 339 90 429
Canada ...................................... 72 10 82
Mexico ....................................... 31 1 32
United Kingdom ................................ 19 3 22
Japan ........................................ 1 8 9
Taiwan ....................................... 0 8 8
Korea ........................................ 3 4 7
Australia ...................................... 2 1 3
Total ..................................... 467 125 592
(1) 85 of the 125 leases are land-leases only, where Costco owns the building.
The following schedule shows warehouse openings (net of closings) by region for the past five fiscal
years and expected warehouse openings (net of closings) through December 31, 2011:
Openings by Fiscal Year United States Canada
Other
International Total
Total Warehouses
in Operation
2007 and prior .................... 383 71 34 488 488
2008 ............................ 15 4 5 24 512
2009 ............................ 8 2 5 15 527
2010 ............................ 10 2 1 13 540
2011 ............................ 13 3 36
(2) 52 592
2012 (expected through 12/31/11) . . . 4 — 2 6 598
Total ........................ 433 82 83 598
(2) This number includes the 32 Mexico warehouses in operation at the beginning of 2011, when we
began consolidating Mexico. Mexico opened 30 warehouses in 2007 and prior, one in 2008 and
one in 2009.
At the end of 2011, our warehouses contained approximately 84.4 million square feet of operating floor
space: 62.1 million in the United States, 11.2 million in Canada and 11.1 million in other international
locations, including Mexico.
Administrative and Merchandise Distribution Properties
Our executive offices are located in Issaquah, Washington and occupy approximately 581,000 square
feet. We operated eight regional offices in the United States, two regional offices in Canada and six
regional offices internationally at the end of 2011, containing approximately 422,000 square feet.
Additionally, we operated regional cross-docking facilities (depots) for the consolidation and distribution
of most shipments to the warehouses, and various processing, packaging, and other facilities to
support ancillary and other businesses. At the end of 2011, we operated 12 depots in the United
States, four in Canada and four internationally, consisting of approximately 8.3 million square feet.
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