10-Q Filing

VALERO ENERGY CORP/TX CIK: 1035002 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001035002-14-000052`
Period End Date	20140630
Filing Date	20140807
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	vlo-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 120 Cash Flow Statement 60 Comprehensive Income 40

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Cash and temporary cash investments	`CashAndCashEquivalentsAtCarryingValue`	$4.29B	USD	Point-in-time
Cash and temporary cash investments	`CashAndCashEquivalentsAtCarryingValue`	$2.40B	USD	Point-in-time
Cash and temporary cash investments	`CashAndCashEquivalentsAtCarryingValue`	$3.48B	USD	Point-in-time
Cash and temporary cash investments	`CashAndCashEquivalentsAtCarryingValue`	$1.72B	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$7.95B	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$8.75B	USD	Point-in-time
Inventories	`InventoryNet`	$5.76B	USD	Point-in-time
Inventories	`InventoryNet`	$6.53B	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$93.00M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$72.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$275.00M	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
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$266.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$124.00M	USD	Point-in-time
Treasury stock, common shares	`TreasuryStockShares`	143.58M	shares	Point-in-time
Treasury stock, common shares	`TreasuryStockShares`	137.93M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$138.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$19.28B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.45B	USD	Point-in-time
Property, plant, and equipment, at cost	`PropertyPlantAndEquipmentGross`	$34.87B	USD	Point-in-time
Property, plant, and equipment, at cost	`PropertyPlantAndEquipmentGross`	$33.93B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$8.23B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$8.75B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$25.71B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$26.12B	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$2.44B	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$2.28B	USD	Point-in-time
Total assets	`Assets`	$47.26B	USD	Point-in-time
Total assets	`Assets`	$47.01B	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`	$601.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.36B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.93B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$584.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$522.00M	USD	Point-in-time
Taxes other than income taxes	`AccrualForTaxesOtherThanIncomeTaxesIncludingAdValoremExciseSalesAndUseAndPayroll`	$1.29B	USD	Point-in-time
Taxes other than income taxes	`AccrualForTaxesOtherThanIncomeTaxesIncludingAdValoremExciseSalesAndUseAndPayroll`	$1.34B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$421.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$773.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$249.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$276.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.52B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.12B	USD	Point-in-time
Debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$5.78B	USD	Point-in-time
Debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$6.26B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$6.60B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$6.66B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.33B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.33B	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`	$7.19B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$7.13B	USD	Point-in-time
Treasury stock, at cost; 143,579,323 and 137,932,138 common shares	`TreasuryStockValue`	$7.47B	USD	Point-in-time
Treasury stock, at cost; 143,579,323 and 137,932,138 common shares	`TreasuryStockValue`	$7.05B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$20.12B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.97B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$426.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$350.00M	USD	Point-in-time
Total Valero Energy Corporation stockholders equity	`StockholdersEquity`	$19.46B	USD	Point-in-time
Total Valero Energy Corporation stockholders equity	`StockholdersEquity`	$20.21B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$486.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$509.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.09B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.72B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.95B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.02B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$47.26B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$47.01B	USD	Point-in-time

Income Statement 120 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RefiningAndMarketingRevenue`	$34.03B	USD	1 Quarter
Operating revenues	`RefiningAndMarketingRevenue`	$68.58B	USD	2 Qtrs
Operating revenues	`RefiningAndMarketingRevenue`	$67.51B	USD	2 Qtrs
Operating revenues	`RefiningAndMarketingRevenue`	$34.91B	USD	1 Quarter
Cost of sales	`RefiningAndMarketingCosts`	$31.52B	USD	1 Quarter
Cost of sales	`RefiningAndMarketingCosts`	$62.21B	USD	2 Qtrs
Cost of sales	`RefiningAndMarketingCosts`	$32.17B	USD	1 Quarter
Cost of sales	`RefiningAndMarketingCosts`	$62.80B	USD	2 Qtrs
Refining	`RefiningOperatingCostsAndExpenses`	$1.79B	USD	2 Qtrs
Refining	`RefiningOperatingCostsAndExpenses`	$1.94B	USD	2 Qtrs
Refining	`RefiningOperatingCostsAndExpenses`	$909.00M	USD	1 Quarter
Refining	`RefiningOperatingCostsAndExpenses`	$967.00M	USD	1 Quarter
Retail	`SellingExpense`	-	USD	2 Qtrs
Retail	`SellingExpense`	$57.00M	USD	1 Quarter
Retail	`SellingExpense`	$226.00M	USD	2 Qtrs
Retail	`SellingExpense`	-	USD	1 Quarter
Ethanol	`EthanolOperatingCostsAndExpenses`	$102.00M	USD	1 Quarter
Ethanol	`EthanolOperatingCostsAndExpenses`	$240.00M	USD	2 Qtrs
Ethanol	`EthanolOperatingCostsAndExpenses`	$179.00M	USD	2 Qtrs
Ethanol	`EthanolOperatingCostsAndExpenses`	$111.00M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$330.00M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$233.00M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$409.00M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$170.00M	USD	1 Quarter
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`	$835.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$414.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$66.14B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$65.64B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$33.23B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$33.83B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.44B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$1.86B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$805.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.08B	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$25.00M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$12.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$11.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$27.00M	USD	2 Qtrs
Interest and debt expense, net of capitalized interest	`InterestExpense`	$198.00M	USD	2 Qtrs
Interest and debt expense, net of capitalized interest	`InterestExpense`	$78.00M	USD	1 Quarter
Interest and debt expense, net of capitalized interest	`InterestExpense`	$98.00M	USD	1 Quarter
Interest and debt expense, net of capitalized interest	`InterestExpense`	$161.00M	USD	2 Qtrs
Income from continuing operations before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.27B	USD	2 Qtrs
Income from continuing operations before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$738.00M	USD	1 Quarter
Income from continuing operations before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$999.00M	USD	1 Quarter
Income from continuing operations before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.73B	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$343.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$616.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$772.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$276.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$656.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.49B	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$462.00M	USD	1 Quarter
Income (loss) from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$6.00M	USD	2 Qtrs
Income (loss) from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$3.00M	USD	1 Quarter
Income (loss) from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-64.00M	USD	2 Qtrs
Income (loss) from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-63.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.43B	USD	2 Qtrs
Net income	`ProfitLoss`	$1.12B	USD	2 Qtrs
Net income	`ProfitLoss`	$465.00M	USD	1 Quarter
Net income	`ProfitLoss`	$593.00M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.00M	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$13.00M	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$1.42B	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`	$588.00M	USD	1 Quarter
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$466.00M	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperations`	$651.00M	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperations`	$463.00M	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperations`	$1.48B	USD	2 Qtrs
Continuing operations	`IncomeLossFromContinuingOperations`	$1.11B	USD	2 Qtrs
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-63.00M	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$3.00M	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-64.00M	USD	2 Qtrs
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$6.00M	USD	2 Qtrs
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$1.42B	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`	$588.00M	USD	1 Quarter
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$466.00M	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.23	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.85	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.03	USD	2 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.78	USD	2 Qtrs
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$0.01	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.12	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.12	USD	2 Qtrs
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$0.01	USD	2 Qtrs
Total	`EarningsPerShareBasic`	$1.11	USD	1 Quarter
Total	`EarningsPerShareBasic`	$2.04	USD	2 Qtrs
Total	`EarningsPerShareBasic`	$0.86	USD	1 Quarter
Total	`EarningsPerShareBasic`	$2.66	USD	2 Qtrs
Weighted-average common shares outstanding (in millions)	`WeightedAverageNumberOfSharesOutstandingBasic`	546.00M	shares	2 Qtrs
Weighted-average common shares outstanding (in millions)	`WeightedAverageNumberOfSharesOutstandingBasic`	530.00M	shares	2 Qtrs
Weighted-average common shares outstanding (in millions)	`WeightedAverageNumberOfSharesOutstandingBasic`	543.00M	shares	1 Quarter
Weighted-average common shares outstanding (in millions)	`WeightedAverageNumberOfSharesOutstandingBasic`	529.00M	shares	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.84	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.77	USD	2 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.02	USD	2 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.22	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$0.01	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$0.01	USD	2 Qtrs
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.12	USD	2 Qtrs
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.12	USD	1 Quarter
Total	`EarningsPerShareDiluted`	$0.85	USD	1 Quarter
Total	`EarningsPerShareDiluted`	$2.03	USD	2 Qtrs
Total	`EarningsPerShareDiluted`	$2.65	USD	2 Qtrs
Total	`EarningsPerShareDiluted`	$1.10	USD	1 Quarter
Weighted-average common shares outstanding assuming dilution (in millions)	`WeightedAverageNumberOfDilutedSharesOutstanding`	534.00M	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`	535.00M	shares	2 Qtrs
Weighted-average common shares outstanding assuming dilution (in millions)	`WeightedAverageNumberOfDilutedSharesOutstanding`	548.00M	shares	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.50	USD	2 Qtrs
Dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.40	USD	2 Qtrs
Dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.25	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.20	USD	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.43B	USD	2 Qtrs
Net income	`ProfitLoss`	$1.12B	USD	2 Qtrs
Net income	`ProfitLoss`	$465.00M	USD	1 Quarter
Net income	`ProfitLoss`	$593.00M	USD	1 Quarter
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`	$835.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$414.00M	USD	1 Quarter
Aruba Refinery asset retirement expense and other	`AssetRetirementObligationAccretionExpense`	$63.00M	USD	2 Qtrs
Aruba Refinery asset retirement expense and other	`AssetRetirementObligationAccretionExpense`	-	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxesAndTaxCredits`	$341.00M	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxesAndTaxCredits`	$73.00M	USD	2 Qtrs
Changes in current assets and current liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$1.02B	USD	2 Qtrs
Changes in current assets and current liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-444.00M	USD	2 Qtrs
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-77.00M	USD	2 Qtrs
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-2.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.38B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.81B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.21B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$954.00M	USD	2 Qtrs
Deferred turnaround and catalyst costs	`PaymentsForCapitalImprovements`	$449.00M	USD	2 Qtrs
Deferred turnaround and catalyst costs	`PaymentsForCapitalImprovements`	$369.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$43.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$23.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.68B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.37B	USD	2 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebt`	$200.00M	USD	2 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebt`	$480.00M	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$43.00M	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$32.00M	USD	2 Qtrs
Purchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$560.00M	USD	2 Qtrs
Purchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$455.00M	USD	2 Qtrs
Common stock dividends	`PaymentsOfDividendsCommonStock`	$266.00M	USD	2 Qtrs
Common stock dividends	`PaymentsOfDividendsCommonStock`	$220.00M	USD	2 Qtrs
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$45.00M	USD	2 Qtrs
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$14.00M	USD	2 Qtrs
Distributions to public unitholders of Valero Energy Partners LP	`PaymentsOfDividendsMinorityInterest`	-	USD	2 Qtrs
Distributions to public unitholders of Valero Energy Partners LP	`PaymentsOfDividendsMinorityInterest`	$4.00M	USD	2 Qtrs
Proceeds from short-term debt in anticipation of separation	`ProceedsFromBankDebt`	$550.00M	USD	2 Qtrs
Proceeds from short-term debt in anticipation of separation	`ProceedsFromBankDebt`	-	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`	$24.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$52.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-827.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-413.00M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$3.00M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-43.00M	USD	2 Qtrs
Net increase (decrease) in cash and temporary cash investments	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$675.00M	USD	2 Qtrs
Net increase (decrease) in cash and temporary cash investments	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-812.00M	USD	2 Qtrs
Cash and temporary cash investments at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.29B	USD	Point-in-time
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`	$3.48B	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 end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.29B	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`	$3.48B	USD	Point-in-time
Cash and temporary cash investments at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.72B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.43B	USD	2 Qtrs
Net income	`ProfitLoss`	$1.12B	USD	2 Qtrs
Net income	`ProfitLoss`	$465.00M	USD	1 Quarter
Net income	`ProfitLoss`	$593.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-268.00M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$76.00M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$150.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-64.00M	USD	1 Quarter
Net gain (loss) on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	-	USD	1 Quarter
Net gain (loss) on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-6.00M	USD	1 Quarter
Net gain (loss) on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-342.00M	USD	2 Qtrs
Net gain (loss) on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$2.00M	USD	2 Qtrs
Net gain (loss) on derivative instruments designated and qualifying as cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	$1.00M	USD	2 Qtrs
Net gain (loss) on derivative instruments designated and qualifying as cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	$-4.00M	USD	2 Qtrs
Net gain (loss) on derivative instruments designated and qualifying as cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	$-3.00M	USD	1 Quarter
Net gain (loss) on derivative instruments designated and qualifying as cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	$-2.00M	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`	$70.00M	USD	2 Qtrs
Other comprehensive income (loss) before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$147.00M	USD	1 Quarter
Other comprehensive income (loss) before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$75.00M	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`	$1.00M	USD	1 Quarter
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$-2.00M	USD	1 Quarter
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$-1.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-61.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$76.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-48.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$149.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$742.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$404.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	2 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.00M	USD	2 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-3.00M	USD	2 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$1.49B	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`	$737.00M	USD	1 Quarter

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