For more details on our assets and operations, read the Year in Review . Financial information is available on the Phillips 66 Investors site. AT A GLANCE Capital Investments Our $1.9 billion 2022 capital program includes $916 million for growth capital, 45% of which supports lower- carbon opportunities. We're also planning to invest $1 billion in energy-efficiency projects over the next decade. $13+ billion in capital investments over the past five years $1.9 billion in capital investments in 2022 2021 Financial Performance As part of the nation’s critical infrastructure, we navigated a challenging economic landscape while continuing to safely provide reliable, abundant, accessible and affordable energy. We funded our sustaining capital programs, generated $6 billion of operating cash flow, paid down $1.5 billion of debt, and reported record earnings in Midstream, Chemicals, and Marketing and Specialties. We are an essential part of the value chain for many businesses and industries . In addition to manufacturing transportation fuels, we produce the raw materials used to create health care products and medical devices, including personal protective equipment, pharmaceuticals, plastics and rubber, adhesives and sealants, electronics, smartphones, cars, batteries, agricultural products, and the wind turbines and solar panels that capture alternative energy. The petroleum coke we produce is part of the global supply chain for electric vehicles (EVs), and it also enables steel recycling. Our lubricants reduce friction to improve efficiency and cool EV battery packs. WEB-EXCLUSIVE VIDEO Our Value Chain 7 OUR BUSINESSES: TODAY AND TOMORROW 7 Bayway Refinery LINDEN, NJ