Our global operations contribute substantially to social and economic development in the communities in which we operate. For example, our direct economic contributions during 2011 included:
- Jobs – ConocoPhillips employs approximately 29,800 people around the world.
- Taxes – $14.9 billion in total tax revenue to governments was generated by our continuing operations, excluding royalties to government entities.
- Shareholder dividends – $3.6 billion in cash dividends were paid on ConocoPhillips common stock.
- Capital investments – ConocoPhillips reinvested $14.0 billion in capital expenditures and investments to find new energy supplies.
- Payments to various vendors and suppliers for products and services:
- $11.8 billion for production, operating and exploration expenses
- $2.1 billion for selling, general and administrative expenses