10-Q Filing

VALERO ENERGY CORP/TX CIK: 1035002 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001035002-13-000060`
Period End Date	20130630
Filing Date	20130807
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	vlo-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 88 Cash Flow Statement 76 Comprehensive Income 60

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash and temporary cash investments	`CashAndCashEquivalentsAtCarryingValue`	$2.40B	USD	Point-in-time
Cash and temporary cash investments	`CashAndCashEquivalentsAtCarryingValue`	$1.72B	USD	Point-in-time
Cash and temporary cash investments	`CashAndCashEquivalentsAtCarryingValue`	$1.29B	USD	Point-in-time
Cash and temporary cash investments	`CashAndCashEquivalentsAtCarryingValue`	$1.02B	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$8.17B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$7.49B	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
Inventories	`InventoryNet`	$6.45B	USD	Point-in-time
Inventories	`InventoryNet`	$5.97B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	673.50M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$169.00M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$56.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	673.50M	shares	Point-in-time
Treasury stock, common shares	`TreasuryStockShares`	121.41M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$246.00M	USD	Point-in-time
Treasury stock, common shares	`TreasuryStockShares`	131.41M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$274.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$154.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$136.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.46B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.77B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$33.09B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$34.13B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.83B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.70B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$26.30B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$25.39B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$159.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$213.00M	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$1.86B	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$1.50B	USD	Point-in-time
Total assets	`Assets`	$44.48B	USD	Point-in-time
Total assets	`Assets`	$44.18B	USD	Point-in-time
Current portion of debt and capital lease obligations	`DebtCurrent`	$303.00M	USD	Point-in-time
Current portion of debt and capital lease obligations	`DebtCurrent`	$586.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.35B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.51B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$590.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$504.00M	USD	Point-in-time
Taxes other than income taxes	`AccrualForTaxesOtherThanIncomeTaxesIncludingAdValoremExciseSalesAndUseAndPayroll`	$1.24B	USD	Point-in-time
Taxes other than income taxes	`AccrualForTaxesOtherThanIncomeTaxesIncludingAdValoremExciseSalesAndUseAndPayroll`	$1.03B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$85.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$378.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$397.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.04B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.93B	USD	Point-in-time
Debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$6.46B	USD	Point-in-time
Debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$6.26B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$6.16B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$5.86B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.70B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.13B	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`	$7.32B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$7.24B	USD	Point-in-time
Treasury stock, at cost; 131,412,237 and 121,406,520 common shares	`TreasuryStockValue`	$6.82B	USD	Point-in-time
Treasury stock, at cost; 131,412,237 and 121,406,520 common shares	`TreasuryStockValue`	$6.44B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.03B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.59B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$108.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-99.00M	USD	Point-in-time
Total Valero Energy Corporation stockholders equity	`StockholdersEquity`	$18.03B	USD	Point-in-time
Total Valero Energy Corporation stockholders equity	`StockholdersEquity`	$17.92B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$63.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$105.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.45B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.09B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.02B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.62B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$44.18B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$44.48B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RefiningAndMarketingRevenue`	$67.51B	USD	2 Qtrs
Operating revenues	`RefiningAndMarketingRevenue`	$69.83B	USD	2 Qtrs
Operating revenues	`RefiningAndMarketingRevenue`	$34.03B	USD	1 Quarter
Operating revenues	`RefiningAndMarketingRevenue`	$34.66B	USD	1 Quarter
Cost of sales	`RefiningAndMarketingCosts`	$64.66B	USD	2 Qtrs
Cost of sales	`RefiningAndMarketingCosts`	$31.62B	USD	1 Quarter
Cost of sales	`RefiningAndMarketingCosts`	$31.52B	USD	1 Quarter
Cost of sales	`RefiningAndMarketingCosts`	$62.21B	USD	2 Qtrs
Refining	`RefiningOperatingCostsAndExpenses`	$868.00M	USD	1 Quarter
Refining	`RefiningOperatingCostsAndExpenses`	$906.00M	USD	1 Quarter
Refining	`RefiningOperatingCostsAndExpenses`	$1.83B	USD	2 Qtrs
Refining	`RefiningOperatingCostsAndExpenses`	$1.78B	USD	2 Qtrs
Retail	`SellingExpense`	$57.00M	USD	1 Quarter
Retail	`SellingExpense`	$170.00M	USD	1 Quarter
Retail	`SellingExpense`	$336.00M	USD	2 Qtrs
Retail	`SellingExpense`	$226.00M	USD	2 Qtrs
Ethanol	`EthanolOperatingCostsAndExpenses`	$172.00M	USD	2 Qtrs
Ethanol	`EthanolOperatingCostsAndExpenses`	$85.00M	USD	1 Quarter
Ethanol	`EthanolOperatingCostsAndExpenses`	$102.00M	USD	1 Quarter
Ethanol	`EthanolOperatingCostsAndExpenses`	$179.00M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$409.00M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$171.00M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$233.00M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$335.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$835.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$405.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$386.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$770.00M	USD	2 Qtrs
Asset impairment losses	`AssetImpairmentCharges`	$611.00M	USD	2 Qtrs
Asset impairment losses	`AssetImpairmentCharges`	-	USD	1 Quarter
Asset impairment losses	`AssetImpairmentCharges`	-	USD	2 Qtrs
Asset impairment losses	`AssetImpairmentCharges`	-	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$68.71B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$33.30B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$65.64B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$33.23B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.36B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$808.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.87B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$1.12B	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$25.00M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-5.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$11.00M	USD	1 Quarter
Interest and debt expense, net of capitalized interest	`InterestExpense`	$173.00M	USD	2 Qtrs
Interest and debt expense, net of capitalized interest	`InterestExpense`	$74.00M	USD	1 Quarter
Interest and debt expense, net of capitalized interest	`InterestExpense`	$161.00M	USD	2 Qtrs
Interest and debt expense, net of capitalized interest	`InterestExpense`	$78.00M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.28B	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$945.00M	USD	2 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$741.00M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.73B	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$452.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$616.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$276.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$547.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.12B	USD	2 Qtrs
Net income	`ProfitLoss`	$465.00M	USD	1 Quarter
Net income	`ProfitLoss`	$830.00M	USD	1 Quarter
Net income	`ProfitLoss`	$398.00M	USD	2 Qtrs
Less: Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.00M	USD	2 Qtrs
Less: Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Less: Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Less: Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	2 Qtrs
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$466.00M	USD	1 Quarter
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$399.00M	USD	2 Qtrs
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$1.12B	USD	2 Qtrs
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$831.00M	USD	1 Quarter
Earnings per common share	`EarningsPerShareBasic`	$1.50	USD	1 Quarter
Earnings per common share	`EarningsPerShareBasic`	$0.86	USD	1 Quarter
Earnings per common share	`EarningsPerShareBasic`	$0.72	USD	2 Qtrs
Earnings per common share	`EarningsPerShareBasic`	$2.04	USD	2 Qtrs
Weighted-average common shares outstanding (in millions)	`WeightedAverageNumberOfSharesOutstandingBasic`	543.00M	shares	1 Quarter
Weighted-average common shares outstanding (in millions)	`WeightedAverageNumberOfSharesOutstandingBasic`	550.00M	shares	1 Quarter
Weighted-average common shares outstanding (in millions)	`WeightedAverageNumberOfSharesOutstandingBasic`	546.00M	shares	2 Qtrs
Weighted-average common shares outstanding (in millions)	`WeightedAverageNumberOfSharesOutstandingBasic`	550.00M	shares	2 Qtrs
Earnings per common share assuming dilution	`EarningsPerShareDiluted`	$1.50	USD	1 Quarter
Earnings per common share assuming dilution	`EarningsPerShareDiluted`	$0.85	USD	1 Quarter
Earnings per common share assuming dilution	`EarningsPerShareDiluted`	$2.03	USD	2 Qtrs
Earnings per common share assuming dilution	`EarningsPerShareDiluted`	$0.72	USD	2 Qtrs
Weighted-average common shares outstanding - assuming dilution (in millions)	`WeightedAverageNumberOfDilutedSharesOutstanding`	555.00M	shares	1 Quarter
Weighted-average common shares outstanding - assuming dilution (in millions)	`WeightedAverageNumberOfDilutedSharesOutstanding`	552.00M	shares	2 Qtrs
Weighted-average common shares outstanding - assuming dilution (in millions)	`WeightedAverageNumberOfDilutedSharesOutstanding`	556.00M	shares	2 Qtrs
Weighted-average common shares outstanding - assuming dilution (in millions)	`WeightedAverageNumberOfDilutedSharesOutstanding`	548.00M	shares	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.40	USD	2 Qtrs
Dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.15	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	2 Qtrs
Dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.20	USD	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.12B	USD	2 Qtrs
Net income	`ProfitLoss`	$465.00M	USD	1 Quarter
Net income	`ProfitLoss`	$830.00M	USD	1 Quarter
Net income	`ProfitLoss`	$398.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$835.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$405.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$386.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$770.00M	USD	2 Qtrs
Asset impairment losses	`ImpairmentOfLongLivedAssetsHeldForUse`	$611.00M	USD	2 Qtrs
Asset impairment losses	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	2 Qtrs
Noncash interest expense and other income, net	`OtherNoncashIncomeExpense`	$-1.00M	USD	2 Qtrs
Noncash interest expense and other income, net	`OtherNoncashIncomeExpense`	$-11.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$25.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$20.00M	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxesAndTaxCredits`	$480.00M	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxesAndTaxCredits`	$341.00M	USD	2 Qtrs
Changes in current assets and current liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-444.00M	USD	2 Qtrs
Changes in current assets and current liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-565.00M	USD	2 Qtrs
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-51.00M	USD	2 Qtrs
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$21.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.83B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.81B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$1.21B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$1.42B	USD	2 Qtrs
Deferred turnaround and catalyst costs	`PaymentsForCapitalImprovements`	$264.00M	USD	2 Qtrs
Deferred turnaround and catalyst costs	`PaymentsForCapitalImprovements`	$449.00M	USD	2 Qtrs
Proceeds from the sale of the Paulsboro Refinery	`ProceedsFromCollectionOfNotesReceivable`	-	USD	2 Qtrs
Proceeds from the sale of the Paulsboro Refinery	`ProceedsFromCollectionOfNotesReceivable`	$160.00M	USD	2 Qtrs
Minor acquisitions	`PaymentsToAcquireOtherProductiveAssets`	-	USD	2 Qtrs
Minor acquisitions	`PaymentsToAcquireOtherProductiveAssets`	$66.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$23.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.58B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.68B	USD	2 Qtrs
Borrowings	`ProceedsFromIssuanceOfDebt`	$300.00M	USD	2 Qtrs
Borrowings	`ProceedsFromIssuanceOfDebt`	-	USD	2 Qtrs
Repayments	`RepaymentsOfOtherLongTermDebt`	$862.00M	USD	2 Qtrs
Repayments	`RepaymentsOfOtherLongTermDebt`	$480.00M	USD	2 Qtrs
Borrowings	`ProceedsFromLongTermLinesOfCredit`	$1.10B	USD	2 Qtrs
Borrowings	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Repayments	`RepaymentsOfLongTermLinesOfCredit`	$1.10B	USD	2 Qtrs
Repayments	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Proceeds from the sale of receivables	`ProceedsFromOtherDebt`	$1.30B	USD	2 Qtrs
Proceeds from the sale of receivables	`ProceedsFromOtherDebt`	-	USD	2 Qtrs
Repayments	`RepaymentsOfOtherDebt`	$1.45B	USD	2 Qtrs
Repayments	`RepaymentsOfOtherDebt`	-	USD	2 Qtrs
Purchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$147.00M	USD	2 Qtrs
Purchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$560.00M	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$11.00M	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$43.00M	USD	2 Qtrs
Common stock dividends	`PaymentsOfDividendsCommonStock`	$220.00M	USD	2 Qtrs
Common stock dividends	`PaymentsOfDividendsCommonStock`	$166.00M	USD	2 Qtrs
Contributions from noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$25.00M	USD	2 Qtrs
Contributions from noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$45.00M	USD	2 Qtrs
Proceeds from short-term debt	`ProceedsFromBankDebt`	-	USD	2 Qtrs
Proceeds from short-term debt	`ProceedsFromBankDebt`	$550.00M	USD	2 Qtrs
Cash distributed to Valero by CST Brands, Inc.	`ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries`	$500.00M	USD	2 Qtrs
Cash distributed to Valero by CST Brands, Inc.	`ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries`	-	USD	2 Qtrs
Cash held and retained by CST Brands, Inc. upon separation	`CashDivestedFromDeconsolidation`	-	USD	2 Qtrs
Cash held and retained by CST Brands, Inc. upon separation	`CashDivestedFromDeconsolidation`	$315.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$24.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-413.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-991.00M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-43.00M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$9.00M	USD	2 Qtrs
Net increase in cash and temporary cash investments	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$675.00M	USD	2 Qtrs
Net increase in cash and temporary cash investments	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$271.00M	USD	2 Qtrs
Cash and temporary cash investments at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.40B	USD	Point-in-time
Cash and temporary cash investments at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.72B	USD	Point-in-time
Cash and temporary cash investments at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.29B	USD	Point-in-time
Cash and temporary cash investments at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.02B	USD	Point-in-time
Cash and temporary cash investments at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.40B	USD	Point-in-time
Cash and temporary cash investments at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.72B	USD	Point-in-time
Cash and temporary cash investments at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.29B	USD	Point-in-time
Cash and temporary cash investments at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.02B	USD	Point-in-time

Comprehensive Income 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.12B	USD	2 Qtrs
Net income	`ProfitLoss`	$465.00M	USD	1 Quarter
Net income	`ProfitLoss`	$830.00M	USD	1 Quarter
Net income	`ProfitLoss`	$398.00M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-268.00M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$32.00M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-91.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-64.00M	USD	1 Quarter
Gain arising during the period related to remeasurement due to plan amendments	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	-	USD	2 Qtrs
Gain arising during the period related to remeasurement due to plan amendments	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	$-328.00M	USD	2 Qtrs
Gain arising during the period related to remeasurement due to plan amendments	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	-	USD	1 Quarter
Gain arising during the period related to remeasurement due to plan amendments	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	-	USD	1 Quarter
Net actuarial loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-15.00M	USD	1 Quarter
Net actuarial loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-17.00M	USD	2 Qtrs
Net actuarial loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-29.00M	USD	2 Qtrs
Net actuarial loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-9.00M	USD	1 Quarter
Prior service credit	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax`	$-6.00M	USD	1 Quarter
Prior service credit	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax`	$-9.00M	USD	1 Quarter
Prior service credit	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax`	$-15.00M	USD	2 Qtrs
Prior service credit	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax`	$-10.00M	USD	2 Qtrs
Net gain on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-7.00M	USD	2 Qtrs
Net gain on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-3.00M	USD	1 Quarter
Net gain on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-6.00M	USD	1 Quarter
Net gain on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-342.00M	USD	2 Qtrs
Net gain (loss) arising during the period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-9.00M	USD	2 Qtrs
Net gain (loss) arising during the period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-10.00M	USD	1 Quarter
Net gain (loss) arising during the period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-31.00M	USD	1 Quarter
Net gain (loss) arising during the period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$16.00M	USD	2 Qtrs
Net (gain) loss reclassified into income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax`	$36.00M	USD	2 Qtrs
Net (gain) loss reclassified into income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax`	$-12.00M	USD	1 Quarter
Net (gain) loss reclassified into income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax`	$-5.00M	USD	2 Qtrs
Net (gain) loss reclassified into income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax`	$-8.00M	USD	1 Quarter
Net loss on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	$-20.00M	USD	2 Qtrs
Net loss on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	$-19.00M	USD	1 Quarter
Net loss on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	$-2.00M	USD	1 Quarter
Net loss on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	$-4.00M	USD	2 Qtrs
Other comprehensive income (loss), before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$-107.00M	USD	1 Quarter
Other comprehensive income (loss), before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$-60.00M	USD	1 Quarter
Other comprehensive income (loss), before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$19.00M	USD	2 Qtrs
Other comprehensive income (loss), before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$70.00M	USD	2 Qtrs
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$118.00M	USD	2 Qtrs
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$-4.00M	USD	2 Qtrs
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$1.00M	USD	1 Quarter
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$-5.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$23.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-102.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-48.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-61.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$421.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$404.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$728.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	2 Qtrs
Less: Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-3.00M	USD	2 Qtrs
Less: Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00M	USD	2 Qtrs
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$405.00M	USD	1 Quarter
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$1.07B	USD	2 Qtrs
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$422.00M	USD	2 Qtrs
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$729.00M	USD	1 Quarter

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