National Oilwell Varco 2010 Annual Report Download - page 30

Download and view the complete annual report

Please find page 30 of the 2010 National Oilwell Varco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 110

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110

Building Property Lease
Size Size Owned / Termination
Location Description (SqFt) (Acres) Leased Date
Distribution:
Manchester, England Manufacturing, Assembly & Testing of PC Pumps
and Expendable Parts, Administrative & Sales
Offices
244,000 11 Owned
Houston, Texas Distribution and Warehouse 120,423 19 Building 12/31/2021
Owned*
Lloydminster, Canada Lloydminster Distribution Operations; Applied
Products Facility 114,100 23 Leased 5/31/2019
Edmonton, Canada Redistribution Center 100,000 7 Leased 1/31/2014
Corporate:
Houston, Texas Corporate and Shared Administrative Offices 337,019 14 Leased 5/31/2017
* Building owned but land leased.
We own or lease more than 145 repair and manufacturing facilities that refurbish and manufacture new equipment and parts, and approximately
215 distribution service centers, and 465 service centers that provide inspection and equipment rental worldwide.
ITEM 3. LEGAL PROCEEDINGS
We have various claims, lawsuits and administrative proceedings that are pending or threatened, all arising in the ordinary course of business,
with respect to commercial, product liability and employee matters. Although no assurance can be given with respect to the outcome of these or
any other pending legal and administrative proceedings and the effect such outcomes may have, we believe any ultimate liability resulting from
the outcome of such claims, lawsuits or administrative proceedings will not have a material adverse effect on our consolidated financial position,
results of operations or cash flows. See Note 12 to the Consolidated Financial Statements.
ITEM 4. [REMOVED AND RESERVED] 30