Discover 2015 Annual Report Download - page 59

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-43-
Except for any ongoing obligations to disclose material information as required under U.S. federal securities laws, we
do not have any intention or obligation to update forward-looking statements after we distribute this annual report on
Form 10-K, whether as a result of new information, future developments or otherwise.
Item 1B. Unresolved Staff Comments
None.
Item 2. Properties
We have eight principal properties located in seven states in the United States. As of January 31, 2016, we
owned four principal properties, which included our corporate headquarters, two call centers and a processing center,
and we leased four principal properties, which included two call centers, our PULSE headquarters and a Student Loan
Corporation office. The call centers, processing center and Student Loan Corporation offices largely support our Direct
Banking segment; the PULSE headquarters is used by our Payment Services segment; and our corporate headquarters is
used by both our Direct Banking and Payment Services segments. Each of our call centers and our processing center
are operating at and being utilized to a reasonable capacity. We believe our principal facilities are both suitable and
adequate to meet our current and projected needs. We also have eight leased offices located outside the United States,
six of which are used to support our Diners Club operations, part of our Payment Services segment, and two leased
offices in China that support our Direct Banking segment.
Item 3. Legal Proceedings
For a description of legal proceedings, see Note 20: Litigation and Regulatory Matters to our consolidated
financial statements.
Item 4. Mine Safety Disclosures
None.