10-Q Filing

VALERO ENERGY CORP/TX CIK: 1035002 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001035002-12-000059`
Period End Date	20120930
Filing Date	20121106
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	vlo-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 128 Cash Flow Statement 70 Comprehensive Income 56

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash and temporary cash investments	`CashAndCashEquivalentsAtCarryingValue`	$1.02B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and temporary cash investments	`CashAndCashEquivalentsAtCarryingValue`	$3.33B	USD	Point-in-time
Cash and temporary cash investments	`CashAndCashEquivalentsAtCarryingValue`	$2.55B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and temporary cash investments	`CashAndCashEquivalentsAtCarryingValue`	$2.83B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$8.71B	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$7.45B	USD	Point-in-time
Inventories	`InventoryNet`	$5.62B	USD	Point-in-time
Inventories	`InventoryNet`	$5.79B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	673.50M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	673.50M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$212.00M	USD	Point-in-time
Treasury stock, common shares	`TreasuryStockShares`	116.69M	shares	Point-in-time
Treasury stock, common shares	`TreasuryStockShares`	120.04M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$40.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$292.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$283.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$124.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$148.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.27B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.97B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$32.25B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$33.45B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.58B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.08B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$25.18B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$25.87B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$216.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$227.00M	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$1.41B	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$1.44B	USD	Point-in-time
Total assets	`Assets`	$42.78B	USD	Point-in-time
Total assets	`Assets`	$43.79B	USD	Point-in-time
Current portion of debt and capital lease obligations	`DebtCurrent`	$585.00M	USD	Point-in-time
Current portion of debt and capital lease obligations	`DebtCurrent`	$1.01B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.47B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.29B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$595.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$612.00M	USD	Point-in-time
Taxes other than income taxes	`AccrualForTaxesOtherThanIncomeTaxesIncludingAdValoremExciseSalesAndUseAndPayroll`	$1.26B	USD	Point-in-time
Taxes other than income taxes	`AccrualForTaxesOtherThanIncomeTaxesIncludingAdValoremExciseSalesAndUseAndPayroll`	$1.35B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$119.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$234.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$249.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$185.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.25B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.71B	USD	Point-in-time
Debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$6.73B	USD	Point-in-time
Debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$6.46B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$5.02B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$5.76B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.88B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.93B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value; 1,200,000,000 shares authorized; 673,501,593 and 673,501,593 shares issued	`CommonStockValue`	$7.00M	USD	Point-in-time
Common stock, $0.01 par value; 1,200,000,000 shares authorized; 673,501,593 and 673,501,593 shares issued	`CommonStockValue`	$7.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$7.41B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$7.49B	USD	Point-in-time
Treasury stock, at cost; 120,035,210 and 116,689,450 common shares	`TreasuryStockValue`	$6.46B	USD	Point-in-time
Treasury stock, at cost; 120,035,210 and 116,689,450 common shares	`TreasuryStockValue`	$6.47B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.31B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.12B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$252.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$96.00M	USD	Point-in-time
Total Valero Energy Corporation stockholders' equity	`StockholdersEquity`	$17.33B	USD	Point-in-time
Total Valero Energy Corporation stockholders' equity	`StockholdersEquity`	$16.42B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$22.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$54.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.39B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.67B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.45B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.03B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$42.78B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$43.79B	USD	Point-in-time

Income Statement 128 line items

Line Item	Tag	Value	Unit	Period
Operating revenues (a)	`RefiningAndMarketingRevenue`	$33.71B	USD	1 Quarter
Operating revenues (a)	`RefiningAndMarketingRevenue`	$91.31B	USD	3 Qtrs
Operating revenues (a)	`RefiningAndMarketingRevenue`	$104.56B	USD	3 Qtrs
Operating revenues (a)	`RefiningAndMarketingRevenue`	$34.73B	USD	1 Quarter
Cost of sales	`RefiningAndMarketingCosts`	$30.03B	USD	1 Quarter
Cost of sales	`RefiningAndMarketingCosts`	$82.98B	USD	3 Qtrs
Cost of sales	`RefiningAndMarketingCosts`	$31.31B	USD	1 Quarter
Cost of sales	`RefiningAndMarketingCosts`	$95.97B	USD	3 Qtrs
Refining	`RefiningOperatingCostsAndExpenses`	$870.00M	USD	1 Quarter
Refining	`RefiningOperatingCostsAndExpenses`	$930.00M	USD	1 Quarter
Refining	`RefiningOperatingCostsAndExpenses`	$2.76B	USD	3 Qtrs
Refining	`RefiningOperatingCostsAndExpenses`	$2.43B	USD	3 Qtrs
Retail	`SellingExpense`	$508.00M	USD	3 Qtrs
Retail	`SellingExpense`	$178.00M	USD	1 Quarter
Retail	`SellingExpense`	$177.00M	USD	1 Quarter
Retail	`SellingExpense`	$514.00M	USD	3 Qtrs
Ethanol	`EthanolOperatingCostsAndExpenses`	$248.00M	USD	3 Qtrs
Ethanol	`EthanolOperatingCostsAndExpenses`	$302.00M	USD	3 Qtrs
Ethanol	`EthanolOperatingCostsAndExpenses`	$76.00M	USD	1 Quarter
Ethanol	`EthanolOperatingCostsAndExpenses`	$103.00M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$442.00M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$509.00M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$174.00M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$161.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$1.17B	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$402.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$390.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$1.14B	USD	3 Qtrs
Asset impairment loss	`ImpairmentOfLongLivedAssetsHeldForUse`	$345.00M	USD	1 Quarter
Asset impairment loss	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	3 Qtrs
Asset impairment loss	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Asset impairment loss	`ImpairmentOfLongLivedAssetsHeldForUse`	$956.00M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$87.80B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$102.13B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$31.73B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$33.42B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.98B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.31B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.43B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$3.51B	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$28.00M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Interest and debt expense, net of capitalized interest	`InterestExpenseDebt`	$312.00M	USD	3 Qtrs
Interest and debt expense, net of capitalized interest	`InterestExpenseDebt`	$70.00M	USD	1 Quarter
Interest and debt expense, net of capitalized interest	`InterestExpenseDebt`	$243.00M	USD	3 Qtrs
Interest and debt expense, net of capitalized interest	`InterestExpenseDebt`	$88.00M	USD	1 Quarter
Income from continuing operations before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.89B	USD	1 Quarter
Income from continuing operations before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.24B	USD	1 Quarter
Income from continuing operations before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.18B	USD	3 Qtrs
Income from continuing operations before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.23B	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$689.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.11B	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.18B	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$564.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.05B	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$673.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	3 Qtrs
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	3 Qtrs
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-7.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$2.04B	USD	3 Qtrs
Net income	`ProfitLoss`	$673.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.20B	USD	1 Quarter
Net income	`ProfitLoss`	$1.07B	USD	3 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.00M	USD	3 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	3 Qtrs
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$1.20B	USD	1 Quarter
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$2.04B	USD	3 Qtrs
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$1.07B	USD	3 Qtrs
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$674.00M	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperations`	$1.20B	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperations`	$1.07B	USD	3 Qtrs
Continuing operations	`IncomeLossFromContinuingOperations`	$2.05B	USD	3 Qtrs
Continuing operations	`IncomeLossFromContinuingOperations`	$674.00M	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	3 Qtrs
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-7.00M	USD	3 Qtrs
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$1.20B	USD	1 Quarter
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$2.04B	USD	3 Qtrs
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$1.07B	USD	3 Qtrs
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$674.00M	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.12	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$3.61	USD	3 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.94	USD	3 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.22	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	3 Qtrs
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	3 Qtrs
Total	`EarningsPerShareBasic`	$1.94	USD	3 Qtrs
Total	`EarningsPerShareBasic`	$2.12	USD	1 Quarter
Total	`EarningsPerShareBasic`	$3.60	USD	3 Qtrs
Total	`EarningsPerShareBasic`	$1.22	USD	1 Quarter
Weighted-average common shares outstanding (in millions)	`WeightedAverageNumberOfSharesOutstandingBasic`	566.00M	shares	3 Qtrs
Weighted-average common shares outstanding (in millions)	`WeightedAverageNumberOfSharesOutstandingBasic`	550.00M	shares	3 Qtrs
Weighted-average common shares outstanding (in millions)	`WeightedAverageNumberOfSharesOutstandingBasic`	549.00M	shares	1 Quarter
Weighted-average common shares outstanding (in millions)	`WeightedAverageNumberOfSharesOutstandingBasic`	564.00M	shares	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$3.59	USD	3 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.21	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.11	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.93	USD	3 Qtrs
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	3 Qtrs
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	3 Qtrs
Total	`EarningsPerShareDiluted`	$2.11	USD	1 Quarter
Total	`EarningsPerShareDiluted`	$1.21	USD	1 Quarter
Total	`EarningsPerShareDiluted`	$1.93	USD	3 Qtrs
Total	`EarningsPerShareDiluted`	$3.58	USD	3 Qtrs
Weighted-average common shares outstanding - assuming dilution (in millions)	`WeightedAverageNumberOfDilutedSharesOutstanding`	569.00M	shares	1 Quarter
Weighted-average common shares outstanding - assuming dilution (in millions)	`WeightedAverageNumberOfDilutedSharesOutstanding`	556.00M	shares	1 Quarter
Weighted-average common shares outstanding - assuming dilution (in millions)	`WeightedAverageNumberOfDilutedSharesOutstanding`	572.00M	shares	3 Qtrs
Weighted-average common shares outstanding - assuming dilution (in millions)	`WeightedAverageNumberOfDilutedSharesOutstanding`	556.00M	shares	3 Qtrs
Dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.17	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.47	USD	3 Qtrs
Dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.15	USD	3 Qtrs
(a) Includes excise taxes on sales by our U.S. retail system	`ExciseAndSalesTaxes`	$723.00M	USD	3 Qtrs
(a) Includes excise taxes on sales by our U.S. retail system	`ExciseAndSalesTaxes`	$248.00M	USD	1 Quarter
(a) Includes excise taxes on sales by our U.S. retail system	`ExciseAndSalesTaxes`	$229.00M	USD	1 Quarter
(a) Includes excise taxes on sales by our U.S. retail system	`ExciseAndSalesTaxes`	$670.00M	USD	3 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.04B	USD	3 Qtrs
Net income	`ProfitLoss`	$673.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.20B	USD	1 Quarter
Net income	`ProfitLoss`	$1.07B	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAmortizationAndAccretionNet`	$1.14B	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAmortizationAndAccretionNet`	$1.17B	USD	3 Qtrs
Asset impairment loss	`ImpairmentOfLongLivedAssetsHeldForUse`	$345.00M	USD	1 Quarter
Asset impairment loss	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	3 Qtrs
Asset impairment loss	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Asset impairment loss	`ImpairmentOfLongLivedAssetsHeldForUse`	$956.00M	USD	3 Qtrs
Noncash interest expense and other income, net	`OtherNoncashIncomeExpense`	$-18.00M	USD	3 Qtrs
Noncash interest expense and other income, net	`OtherNoncashIncomeExpense`	$-20.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$34.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$29.00M	USD	3 Qtrs
Deferred income tax expense	`DeferredIncomeTaxesAndTaxCredits`	$576.00M	USD	3 Qtrs
Deferred income tax expense	`DeferredIncomeTaxesAndTaxCredits`	$393.00M	USD	3 Qtrs
Changes in current assets and current liabilities	`IncreaseDecreaseInOperatingCapital`	$-1.35B	USD	3 Qtrs
Changes in current assets and current liabilities	`IncreaseDecreaseInOperatingCapital`	$-840.00M	USD	3 Qtrs
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$66.00M	USD	3 Qtrs
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$144.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.11B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.33B	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$1.58B	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$2.13B	USD	3 Qtrs
Deferred turnaround and catalyst costs	`PaymentsForCapitalImprovements`	$339.00M	USD	3 Qtrs
Deferred turnaround and catalyst costs	`PaymentsForCapitalImprovements`	$501.00M	USD	3 Qtrs
Acquisition of Pembroke Refinery, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Acquisition of Pembroke Refinery, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.68B	USD	3 Qtrs
Minor acquisitions	`PaymentsToAcquireOtherProductiveAssets`	$37.00M	USD	3 Qtrs
Minor acquisitions	`PaymentsToAcquireOtherProductiveAssets`	$77.00M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$24.00M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$28.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.57B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.82B	USD	3 Qtrs
Borrowings	`ProceedsFromIssuanceOfDebt`	-	USD	3 Qtrs
Borrowings	`ProceedsFromIssuanceOfDebt`	$300.00M	USD	3 Qtrs
Repayments	`RepaymentsOfOtherLongTermDebt`	$718.00M	USD	3 Qtrs
Repayments	`RepaymentsOfOtherLongTermDebt`	$862.00M	USD	3 Qtrs
Borrowings	`ProceedsFromLongTermLinesOfCredit`	-	USD	3 Qtrs
Borrowings	`ProceedsFromLongTermLinesOfCredit`	$1.10B	USD	3 Qtrs
Repayments	`RepaymentsOfLongTermLinesOfCredit`	-	USD	3 Qtrs
Repayments	`RepaymentsOfLongTermLinesOfCredit`	$1.10B	USD	3 Qtrs
Proceeds from the sale of receivables	`ProceedsFromOtherDebt`	$1.50B	USD	3 Qtrs
Proceeds from the sale of receivables	`ProceedsFromOtherDebt`	-	USD	3 Qtrs
Repayments	`RepaymentsOfOtherDebt`	-	USD	3 Qtrs
Repayments	`RepaymentsOfOtherDebt`	$1.65B	USD	3 Qtrs
Purchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$270.00M	USD	3 Qtrs
Purchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$148.00M	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$42.00M	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$36.00M	USD	3 Qtrs
Common stock dividends	`PaymentsOfDividendsCommonStock`	$85.00M	USD	3 Qtrs
Common stock dividends	`PaymentsOfDividendsCommonStock`	$263.00M	USD	3 Qtrs
Contributions from noncontrolling interest	`ProceedsFromPaymentsToMinorityShareholders`	$34.00M	USD	3 Qtrs
Contributions from noncontrolling interest	`ProceedsFromPaymentsToMinorityShareholders`	$12.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$8.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$17.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.04B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.00B	USD	3 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-10.00M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$36.00M	USD	3 Qtrs
Net increase (decrease) in cash and temporary cash investments	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-505.00M	USD	3 Qtrs
Net increase (decrease) in cash and temporary cash investments	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.52B	USD	3 Qtrs
Cash and temporary cash investments at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.02B	USD	Point-in-time
Cash and temporary cash investments at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.33B	USD	Point-in-time
Cash and temporary cash investments at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.55B	USD	Point-in-time
Cash and temporary cash investments at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.83B	USD	Point-in-time
Cash and temporary cash investments at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.02B	USD	Point-in-time
Cash and temporary cash investments at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.33B	USD	Point-in-time
Cash and temporary cash investments at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.55B	USD	Point-in-time
Cash and temporary cash investments at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.83B	USD	Point-in-time

Comprehensive Income 56 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.04B	USD	3 Qtrs
Net income	`ProfitLoss`	$673.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.20B	USD	1 Quarter
Net income	`ProfitLoss`	$1.07B	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-166.00M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$175.00M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-278.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$143.00M	USD	1 Quarter
Prior service credit	`OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax`	$5.00M	USD	1 Quarter
Prior service credit	`OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax`	$15.00M	USD	3 Qtrs
Prior service credit	`OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax`	$15.00M	USD	3 Qtrs
Prior service credit	`OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax`	$5.00M	USD	1 Quarter
Net actuarial loss	`OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostBeforeTax`	$10.00M	USD	3 Qtrs
Net actuarial loss	`OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostBeforeTax`	$8.00M	USD	1 Quarter
Net actuarial loss	`OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostBeforeTax`	$25.00M	USD	3 Qtrs
Net actuarial loss	`OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostBeforeTax`	$3.00M	USD	1 Quarter
Net gain (loss) on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-10.00M	USD	3 Qtrs
Net gain (loss) on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$5.00M	USD	3 Qtrs
Net gain (loss) on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$2.00M	USD	1 Quarter
Net gain (loss) on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-3.00M	USD	1 Quarter
Net gain arising during the period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$27.00M	USD	1 Quarter
Net gain arising during the period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$20.00M	USD	3 Qtrs
Net gain arising during the period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$43.00M	USD	3 Qtrs
Net gain arising during the period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$20.00M	USD	1 Quarter
Net gain reclassified into income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax`	$-45.00M	USD	1 Quarter
Net gain reclassified into income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax`	-	USD	1 Quarter
Net gain reclassified into income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax`	$-81.00M	USD	3 Qtrs
Net gain reclassified into income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax`	-	USD	3 Qtrs
Net gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	$20.00M	USD	3 Qtrs
Net gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	$-38.00M	USD	3 Qtrs
Net gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	$20.00M	USD	1 Quarter
Net gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	$-18.00M	USD	1 Quarter
Other comprehensive income (loss), before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$128.00M	USD	1 Quarter
Other comprehensive income (loss), before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$-260.00M	USD	1 Quarter
Other comprehensive income (loss), before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$-151.00M	USD	3 Qtrs
Other comprehensive income (loss), before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$147.00M	USD	3 Qtrs
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$5.00M	USD	3 Qtrs
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$-9.00M	USD	3 Qtrs
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$-5.00M	USD	1 Quarter
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$6.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-156.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-266.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$156.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$133.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$937.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$806.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	3 Qtrs
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00M	USD	3 Qtrs
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.00M	USD	3 Qtrs
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$807.00M	USD	1 Quarter
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$1.23B	USD	3 Qtrs
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$1.89B	USD	3 Qtrs
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$937.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.