JCPenney 2015 Annual Report Download - page 18

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Table of Contents

At January 30, 2016, we operated 1,021 department stores throughout the continental United States, Alaska and Puerto Rico, of which 418 were owned,
including 118 stores located on ground leases. The following table lists the number of stores operating by state as of January 30, 2016:
Alabama
20
Maine
6
Oklahoma
19
Alaska
1
Maryland
18
Oregon
13
Arizona
22
Massachusetts
10
Pennsylvania
35
Arkansas
16
Michigan
41
Rhode Island
2
California
80
Minnesota
25
South Carolina
16
Colorado
21
Mississippi
15
South Dakota
7
Connecticut
8
Missouri
26
Tennessee
25
Delaware
3
Montana
7
Texas
91
Florida
55
Nebraska
11
Utah
9
Georgia
27
Nevada
7
Vermont
4
Idaho
9
New Hampshire
9
Virginia
24
Illinois
37
New Jersey
14
Washington
22
Indiana
27
New Mexico
10
West Virginia
9
Iowa
15
New York
42
Wisconsin
14
Kansas
19
North Carolina
29
Wyoming
5
Kentucky
22
North Dakota
8
Puerto Rico
7
Louisiana
16
Ohio
43
Total square feet
104.7 million
In May 2013, we entered into a $2.25 billion five-year senior secured term loan that is secured by mortgages on certain real property of the Company, in
addition to liens on substantially all personal property of the Company, subject to certain exclusions set forth in the credit and security agreement governing
the term loan credit facility and related security documents. The real property subject to mortgages under the term loan credit facility includes our
headquarters, distribution centers and certain of our stores.
18