Dell 2001 Annual Report Download - page 17

Table of Contents
manufacturing, product development and related issues. Dr. Vanderslice joined the Company as Vice Chairman in December 1999. Prior to joining the
Company, Dr. Vanderslice served as Senior Vice President and Group Executive for IBM's Technology Group and was a member of IBM's corporate
executive committee. In that role, Dr. Vanderslice was responsible for IBM's storage systems, microelectronics, networking-hardware and printer-systems
division. He also provided functional guidance to the display and technology-market development units, both based in Japan. Dr. Vanderslice holds a
Bachelor of Science degree in Physics from Boston College and a PhD in Physics from Catholic University. Dr. Vanderslice serves on the board of directors
of the National Urban League.
ITEM 2 — PROPERTIES
At February 1, 2002, the Company owned or leased a total of approximately 10.2 million square feet of office, manufacturing and warehouse space
worldwide, approximately 6.9 million square feet of which is located in the U.S. and the remainder located in various international areas.
The Company believes that it can readily obtain additional space as may be required at competitive rates by extending expiring leases or finding alternative
space.
Domestic Properties
The Company's principal offices are located in Austin, Texas and U.S. manufacturing facilities are located in Central Texas and Middle Tennessee.
The Company owns 360 acres of land in Round Rock, Texas (north of Austin), on which are located several office buildings completed since August 1994
that contain an aggregate of approximately 2.1 million square feet of office and lab space. This includes approximately 900,000 square feet of owned office
buildings and 1.2 million square feet of leased office space. These buildings, comprising the Company's Round Rock Campus, house the Company's sales,
marketing and support staff for the Americas region.
The Company leases 570 acres of land in Austin, Texas referred to as the Parmer Campus. Approximately 2.0 million square feet of office, manufacturing and
distribution space are located on the campus, including four leased office buildings totaling 1.1 million square feet and three manufacturing/distribution
facilities totaling 900,000 square feet. Approximately 224,000 square feet of the manufacturing/distribution space is currently subleased to an unrelated third
party.
The Company leases approximately 1.2 million square feet of space in Middle Tennessee referred to as the Nashville Campus. This includes a 360,000 square
foot office building leased in Nashville, Tennessee that houses sales, technical support and administrative support staff. Also included is a 300,000 square foot
manufacturing facility in Lebanon, Tennessee and a 305,000 square foot manufacturing facility in Nashville, Tennessee. Approximately 215,000 square feet
of warehouse/distribution space is subleased to an unrelated third party.
In addition to the Campuses, the Company also leases approximately 1.6 million square feet of additional space located primarily in Central Texas.
Approximately 400,000 square feet is used to house the Company's executive headquarters, labs, services and administrative support functions and
500,000 square feet is used for manufacturing and distribution. The remaining 700,000 square feet of office and manufacturing space, with lease expiration
dates ranging from June 2002 to December 2010, has been taken out of service in connection with the Company's recent restructuring actions and —
depending on the facility — has either been subleased or is being marketed for sale or sublease.
International Properties
At February 1, 2002, the Company's international facilities consisted of approximately 3.3 million square feet of office and manufacturing space in
36 countries. Approximately 1.6 million square feet
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