Our global operations contribute substantially to social and economic development in the communities in which we operate. For example, our direct economic contributions during 2008 included:
- Jobs – ConocoPhillips employs more than 30,000 people around the world.
- Taxes – $18.3 billion in total tax revenue to governments was generated by our continuing operations, excluding royalties to government entities.
- Shareholder dividends – $2.9 billion in cash dividends were paid on ConocoPhillips common stock.
- Capital investments – ConocoPhillips reinvested $19.1 billion in capital expenditures and investments to find new energy supplies.
- Payments to various vendors and suppliers for products and services:
- $13.1 billion for production, operating and exploration expenses
- $2.2 billion for selling, general and administrative expenses