10-Q Filing

VALERO ENERGY CORP/TX CIK: 1035002 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001035002-19-000025`
Period End Date	20190331
Filing Date	20190507
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	vloform10-qx3312019_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 42 Cash Flow Statement 51 Stockholders Equity 28 Comprehensive Income 18

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.98B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.78B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	673.50M	shares	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$8.29B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	673.50M	shares	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$7.34B	USD	Point-in-time
Inventories	`InventoryNet`	$6.55B	USD	Point-in-time
Treasury stock, common shares	`TreasuryStockShares`	256.27M	shares	Point-in-time
Inventories	`InventoryNet`	$6.53B	USD	Point-in-time
Treasury stock, common shares	`TreasuryStockShares`	255.91M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$860.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$816.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.68B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.48B	USD	Point-in-time
Property, plant, and equipment, at cost	`PropertyPlantAndEquipmentGross`	$42.39B	USD	Point-in-time
Property, plant, and equipment, at cost	`PropertyPlantAndEquipmentGross`	$42.47B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$13.98B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$13.62B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$28.41B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$28.85B	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$5.21B	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$3.63B	USD	Point-in-time
Total assets	`Assets`	$52.09B	USD	Point-in-time
Total assets	`Assets`	$50.16B	USD	Point-in-time
Current portion of debt and finance lease obligations	`DebtCurrent`	$238.00M	USD	Point-in-time
Current portion of debt and finance lease obligations	`DebtCurrent`	$1.11B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.59B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.01B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$630.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$772.00M	USD	Point-in-time
Taxes other than income taxes payable	`SalesAndExciseTaxPayableCurrent`	$1.21B	USD	Point-in-time
Taxes other than income taxes payable	`SalesAndExciseTaxPayableCurrent`	$961.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$65.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$49.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.91B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.72B	USD	Point-in-time
Debt and finance lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$8.87B	USD	Point-in-time
Debt and finance lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$9.01B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.96B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.87B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.87B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.53B	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`	$6.80B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$7.05B	USD	Point-in-time
Treasury stock, at cost; 256,273,720 and 255,905,051 common shares	`TreasuryStockValue`	$14.93B	USD	Point-in-time
Treasury stock, at cost; 256,273,720 and 255,905,051 common shares	`TreasuryStockValue`	$14.96B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$30.81B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$31.04B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.35B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.51B	USD	Point-in-time
Total Valero Energy Corporation stockholders equity	`StockholdersEquity`	$21.67B	USD	Point-in-time
Total Valero Energy Corporation stockholders equity	`StockholdersEquity`	$21.31B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.06B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$470.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.93B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.90B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.73B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.78B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$52.09B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$50.16B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$26.44B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$24.26B	USD	1 Quarter
Cost of materials and other	`CostDirectMaterial`	$23.76B	USD	1 Quarter
Cost of materials and other	`CostDirectMaterial`	$21.98B	USD	1 Quarter
Operating expenses (excluding depreciation and amortization expense reflected below)	`CostOfGoodsAndServicesSoldOverhead`	$1.22B	USD	1 Quarter
Operating expenses (excluding depreciation and amortization expense reflected below)	`CostOfGoodsAndServicesSoldOverhead`	$1.14B	USD	1 Quarter
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$537.00M	USD	1 Quarter
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$485.00M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$23.73B	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$25.38B	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$2.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$10.00M	USD	1 Quarter
General and administrative expenses (excluding depreciation and amortization expense reflected below)	`GeneralAndAdministrativeExpense`	$209.00M	USD	1 Quarter
General and administrative expenses (excluding depreciation and amortization expense reflected below)	`GeneralAndAdministrativeExpense`	$238.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$14.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$13.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$308.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$801.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$51.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$22.00M	USD	1 Quarter
Interest and debt expense, net of capitalized interest	`InterestExpense`	$112.00M	USD	1 Quarter
Interest and debt expense, net of capitalized interest	`InterestExpense`	$121.00M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$731.00M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$218.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$51.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$149.00M	USD	1 Quarter
Net income	`ProfitLoss`	$582.00M	USD	1 Quarter
Net income	`ProfitLoss`	$167.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$113.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$26.00M	USD	1 Quarter
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$469.00M	USD	1 Quarter
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$141.00M	USD	1 Quarter
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$1.09	USD	1 Quarter
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	431.00M	shares	1 Quarter
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	416.00M	shares	1 Quarter
Earnings per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$1.09	USD	1 Quarter
Earnings per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter
Weighted-average common shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	418.00M	shares	1 Quarter
Weighted-average common shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	432.00M	shares	1 Quarter
Includes excise taxes on sales by certain of our international operations	`ExciseAndSalesTaxes`	$1.46B	USD	1 Quarter
Includes excise taxes on sales by certain of our international operations	`ExciseAndSalesTaxes`	$1.33B	USD	1 Quarter

Cash Flow Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$582.00M	USD	1 Quarter
Net income	`ProfitLoss`	$167.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAmortizationAndAccretionNet`	$498.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAmortizationAndAccretionNet`	$551.00M	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxesAndTaxCredits`	$-22.00M	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxesAndTaxCredits`	$2.00M	USD	1 Quarter
Changes in current assets and current liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-130.00M	USD	1 Quarter
Changes in current assets and current liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$1.03B	USD	1 Quarter
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-82.00M	USD	1 Quarter
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-51.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$877.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$138.00M	USD	1 Quarter
Deferred turnaround and catalyst costs	`PaymentsForCapitalImprovements`	$219.00M	USD	1 Quarter
Deferred turnaround and catalyst costs	`PaymentsForCapitalImprovements`	$220.00M	USD	1 Quarter
Investments in joint ventures	`PaymentsToAcquireInterestInJointVenture`	$63.00M	USD	1 Quarter
Investments in joint ventures	`PaymentsToAcquireInterestInJointVenture`	$55.00M	USD	1 Quarter
Acquisitions of undivided interests	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$1.00M	USD	1 Quarter
Acquisitions of undivided interests	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$85.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$8.00M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-747.00M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-752.00M	USD	1 Quarter
Proceeds from debt issuances and borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$498.00M	USD	1 Quarter
Repayments of debt and finance lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$415.00M	USD	1 Quarter
Repayments of debt and finance lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$907.00M	USD	1 Quarter
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$320.00M	USD	1 Quarter
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$36.00M	USD	1 Quarter
Common stock dividends	`PaymentsOfDividendsCommonStock`	$375.00M	USD	1 Quarter
Common stock dividends	`PaymentsOfDividendsCommonStock`	$345.00M	USD	1 Quarter
Acquisition of Valero Energy Partners LP publicly held common units	`PaymentsToMinorityShareholders`	$950.00M	USD	1 Quarter
Acquisition of Valero Energy Partners LP publicly held common units	`PaymentsToMinorityShareholders`	-	USD	1 Quarter
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$32.00M	USD	1 Quarter
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	-	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfDistributionsToAffiliates`	-	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfDistributionsToAffiliates`	$11.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-12.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-25.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-378.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-573.00M	USD	1 Quarter
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.00M	USD	1 Quarter
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.00M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-205.00M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.19B	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.85B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.66B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.78B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.98B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.85B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.66B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.78B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.98B	USD	Point-in-time

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.80	USD	1 Quarter
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.90	USD	1 Quarter
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.93B	USD	Point-in-time
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.90B	USD	Point-in-time
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.73B	USD	Point-in-time
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.78B	USD	Point-in-time
Reclassification of stranded income tax effects of Tax Reform	`TaxCutsandJobsActReclassificationfromAOCItoRetainedEarningsTaxEffectAttributabletoParent`	-	USD	1 Quarter
Net income	`ProfitLoss`	$582.00M	USD	1 Quarter
Net income	`ProfitLoss`	$167.00M	USD	1 Quarter
Dividends on common stock	`Dividends`	$375.00M	USD	1 Quarter
Dividends on common stock	`Dividends`	$345.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.00M	USD	1 Quarter
Transactions in connection with stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-41.00M	USD	1 Quarter
Transactions in connection with stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-1.00M	USD	1 Quarter
Stock purchases under purchase program	`TreasuryStockValueAcquiredCostMethod`	$256.00M	USD	1 Quarter
Stock purchases under purchase program	`TreasuryStockValueAcquiredCostMethod`	$34.00M	USD	1 Quarter
Acquisition of Valero Energy Partners LP publicly held common units	`MinorityInterestDecreaseFromRedemptions`	$950.00M	USD	1 Quarter
Contribution from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$30.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$11.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-74.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-1.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$51.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$157.00M	USD	1 Quarter
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.93B	USD	Point-in-time
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.90B	USD	Point-in-time
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.73B	USD	Point-in-time
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.78B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$582.00M	USD	1 Quarter
Net income	`ProfitLoss`	$167.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$45.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$155.00M	USD	1 Quarter
Net gain on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-8.00M	USD	1 Quarter
Net gain on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-3.00M	USD	1 Quarter
Other comprehensive income before income tax expense	`OtherComprehensiveIncomeLossBeforeTax`	$53.00M	USD	1 Quarter
Other comprehensive income before income tax expense	`OtherComprehensiveIncomeLossBeforeTax`	$158.00M	USD	1 Quarter
Income tax expense related to items of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$1.00M	USD	1 Quarter
Income tax expense related to items of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$2.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$51.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$157.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$324.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$633.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$28.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$116.00M	USD	1 Quarter
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$517.00M	USD	1 Quarter
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$296.00M	USD	1 Quarter

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