volatility of capital markets or macroeconomic factors could adversely affect our business . changes in financial and capital markets , including market disruptions , limited liquidity , uncertainty regarding brexit , and interest rate volatility , including as a result of the use or discontinued use of certain benchmark rates such as libor , may increase the cost of financing as well as the risks of refinancing maturing debt . in addition , our borrowing costs can be affected by short and long-term ratings assigned by rating organizations . a decrease in these ratings could limit our access to capital markets and increase our borrowing costs , which could materially and adversely affect our financial condition and operating results . some of our customers and counterparties are highly leveraged . consolidations in some of the industries in which our customers operate have created larger customers , some of which are highly leveraged and facing increased competition and continued credit market volatility . these factors have caused some customers to be less profitable , increasing our exposure to credit risk . a significant adverse change in the financial and/or credit position of a customer or counterparty could require us to assume greater credit risk relating to that customer or counterparty and could limit our ability to collect receivables . this could have an adverse impact on our financial condition and liquidity . item 1b . unresolved staff comments . item 2 . properties . our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois . our co-headquarters are leased and house certain executive offices , our u.s . business units , and our administrative , finance , legal , and human resource functions . we maintain additional owned and leased offices throughout the regions in which we operate . we manufacture our products in our network of manufacturing and processing facilities located throughout the world . as of december 29 , 2018 , we operated 84 manufacturing and processing facilities . we own 81 and lease three of these facilities . our manufacturing and processing facilities count by segment as of december 29 , 2018 was: .
what percent of facilities are leased?
we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs . we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products . in the fourth quarter of 2018 , we announced our plans to divest certain assets and operations , predominantly in canada and india , including one owned manufacturing facility in canada and one owned and one leased facility in india . see note 5 , acquisitions and divestitures , in item 8 , financial statements and supplementary data , for additional information on these transactions . item 3 . legal proceedings . see note 18 , commitments and contingencies , in item 8 , financial statements and supplementary data . item 4 . mine safety disclosures . not applicable . part ii item 5 . market for registrant's common equity , related stockholder matters and issuer purchases of equity securities . our common stock is listed on nasdaq under the ticker symbol 201ckhc 201d . at june 5 , 2019 , there were approximately 49000 holders of record of our common stock . see equity and dividends in item 7 , management 2019s discussion and analysis of financial condition and results of operations , for a discussion of cash dividends declared on our common stock. .