10-Q Filing

VALERO ENERGY CORP/TX CIK: 1035002 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001035002-19-000047`
Period End Date	20190930
Filing Date	20191107
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	vloform10-qx9302019_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 84 Cash Flow Statement 50 Stockholders Equity 50 Comprehensive Income 38

Balance Sheet 70 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
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.20B	shares	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`	$2.14B	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$7.99B	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
Receivables, net	`ReceivablesNetCurrent`	$7.34B	USD	Point-in-time
Treasury stock, common shares	`TreasuryStockShares`	262.69M	shares	Point-in-time
Treasury stock, common shares	`TreasuryStockShares`	255.91M	shares	Point-in-time
Inventories	`InventoryNet`	$6.38B	USD	Point-in-time
Inventories	`InventoryNet`	$6.53B	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$816.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$526.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.68B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.03B	USD	Point-in-time
Property, plant, and equipment, at cost	`PropertyPlantAndEquipmentGross`	$42.47B	USD	Point-in-time
Property, plant, and equipment, at cost	`PropertyPlantAndEquipmentGross`	$43.54B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$13.62B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$14.65B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$28.89B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$28.85B	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$3.63B	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$5.31B	USD	Point-in-time
Total assets	`Assets`	$50.16B	USD	Point-in-time
Total assets	`Assets`	$51.23B	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`	$402.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.50B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.59B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$630.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$881.00M	USD	Point-in-time
Taxes other than income taxes payable	`SalesAndExciseTaxPayableCurrent`	$1.21B	USD	Point-in-time
Taxes other than income taxes payable	`SalesAndExciseTaxPayableCurrent`	$1.18B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$49.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$168.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.72B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.13B	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`	$9.17B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.96B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.92B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.87B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.42B	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`	$6.82B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$7.05B	USD	Point-in-time
Treasury stock, at cost; 262,691,943 and 255,905,051 common shares	`TreasuryStockValue`	$15.47B	USD	Point-in-time
Treasury stock, at cost; 262,691,943 and 255,905,051 common shares	`TreasuryStockValue`	$14.93B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$31.04B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$31.28B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.51B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.53B	USD	Point-in-time
Total Valero Energy Corporation stockholders equity	`StockholdersEquity`	$21.67B	USD	Point-in-time
Total Valero Energy Corporation stockholders equity	`StockholdersEquity`	$21.11B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$481.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.06B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.80B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.59B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.84B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.96B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.90B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.73B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$50.16B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$51.23B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$27.25B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$30.85B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$80.44B	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$88.30B	USD	3 Qtrs
Cost of materials and other	`CostDirectMaterial`	$79.32B	USD	3 Qtrs
Cost of materials and other	`CostDirectMaterial`	$24.34B	USD	1 Quarter
Cost of materials and other	`CostDirectMaterial`	$27.70B	USD	1 Quarter
Cost of materials and other	`CostDirectMaterial`	$72.40B	USD	3 Qtrs
Operating expenses (excluding depreciation and amortization expense reflected below)	`CostOfGoodsAndServicesSoldOverhead`	$1.24B	USD	1 Quarter
Operating expenses (excluding depreciation and amortization expense reflected below)	`CostOfGoodsAndServicesSoldOverhead`	$1.19B	USD	1 Quarter
Operating expenses (excluding depreciation and amortization expense reflected below)	`CostOfGoodsAndServicesSoldOverhead`	$3.63B	USD	3 Qtrs
Operating expenses (excluding depreciation and amortization expense reflected below)	`CostOfGoodsAndServicesSoldOverhead`	$3.44B	USD	3 Qtrs
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$1.50B	USD	3 Qtrs
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$1.65B	USD	3 Qtrs
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$504.00M	USD	1 Quarter
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$556.00M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$29.40B	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$84.25B	USD	3 Qtrs
Total cost of sales	`CostOfRevenue`	$77.67B	USD	3 Qtrs
Total cost of sales	`CostOfRevenue`	$26.13B	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$10.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$14.00M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$10.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$41.00M	USD	3 Qtrs
General and administrative expenses (excluding depreciation and amortization expense reflected below)	`GeneralAndAdministrativeExpense`	$217.00M	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`	$695.00M	USD	3 Qtrs
General and administrative expenses (excluding depreciation and amortization expense reflected below)	`GeneralAndAdministrativeExpense`	$625.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$11.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$39.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$39.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$13.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$2.10B	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$881.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$1.22B	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$3.27B	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$42.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$34.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$88.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$68.00M	USD	3 Qtrs
Interest and debt expense, net of capitalized interest	`InterestExpense`	$335.00M	USD	3 Qtrs
Interest and debt expense, net of capitalized interest	`InterestExpense`	$111.00M	USD	1 Quarter
Interest and debt expense, net of capitalized interest	`InterestExpense`	$356.00M	USD	3 Qtrs
Interest and debt expense, net of capitalized interest	`InterestExpense`	$111.00M	USD	1 Quarter
Income before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.15B	USD	1 Quarter
Income before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.00B	USD	3 Qtrs
Income before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.83B	USD	3 Qtrs
Income before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$804.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$276.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$674.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$165.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$376.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$874.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.45B	USD	3 Qtrs
Net income	`ProfitLoss`	$2.33B	USD	3 Qtrs
Net income	`ProfitLoss`	$639.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$30.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$161.00M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$92.00M	USD	3 Qtrs
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$856.00M	USD	1 Quarter
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$1.36B	USD	3 Qtrs
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$609.00M	USD	1 Quarter
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$2.17B	USD	3 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$2.01	USD	1 Quarter
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$3.28	USD	3 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$5.05	USD	3 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	1 Quarter
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	425.00M	shares	1 Quarter
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	412.00M	shares	1 Quarter
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	428.00M	shares	3 Qtrs
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	415.00M	shares	3 Qtrs
Earnings per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$1.48	USD	1 Quarter
Earnings per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$3.28	USD	3 Qtrs
Earnings per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$5.05	USD	3 Qtrs
Earnings per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$2.01	USD	1 Quarter
Weighted-average common shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	413.00M	shares	1 Quarter
Weighted-average common shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	430.00M	shares	3 Qtrs
Weighted-average common shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	416.00M	shares	3 Qtrs
Weighted-average common shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	427.00M	shares	1 Quarter
Includes excise taxes on sales by certain of our international operations	`ExciseAndSalesTaxes`	$1.40B	USD	1 Quarter
Includes excise taxes on sales by certain of our international operations	`ExciseAndSalesTaxes`	$1.34B	USD	1 Quarter
Includes excise taxes on sales by certain of our international operations	`ExciseAndSalesTaxes`	$4.27B	USD	3 Qtrs
Includes excise taxes on sales by certain of our international operations	`ExciseAndSalesTaxes`	$4.14B	USD	3 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$874.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.45B	USD	3 Qtrs
Net income	`ProfitLoss`	$2.33B	USD	3 Qtrs
Net income	`ProfitLoss`	$639.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAmortizationAndAccretionNet`	$1.68B	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAmortizationAndAccretionNet`	$1.54B	USD	3 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxesAndTaxCredits`	$-62.00M	USD	3 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxesAndTaxCredits`	$19.00M	USD	3 Qtrs
Changes in current assets and current liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$1.17B	USD	3 Qtrs
Changes in current assets and current liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-728.00M	USD	3 Qtrs
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$62.00M	USD	3 Qtrs
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-60.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.82B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.69B	USD	3 Qtrs
Investments in unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$124.00M	USD	3 Qtrs
Investments in unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$122.00M	USD	3 Qtrs
Peru Acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Peru Acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$466.00M	USD	3 Qtrs
Acquisitions of undivided interests	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$65.00M	USD	3 Qtrs
Acquisitions of undivided interests	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$181.00M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.00M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.19B	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.77B	USD	3 Qtrs
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$555.00M	USD	3 Qtrs
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$1.08B	USD	3 Qtrs
Common stock dividends	`PaymentsOfDividendsCommonStock`	$1.03B	USD	3 Qtrs
Common stock dividends	`PaymentsOfDividendsCommonStock`	$1.12B	USD	3 Qtrs
Acquisition of Valero Energy Partners LP publicly held common units	`PaymentsToMinorityShareholders`	$950.00M	USD	3 Qtrs
Acquisition of Valero Energy Partners LP publicly held common units	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$32.00M	USD	3 Qtrs
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	-	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$57.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$63.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-29.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.18B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.47B	USD	3 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-43.00M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.00M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.30B	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-845.00M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.85B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.14B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.55B	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`	$2.14B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.55B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.98B	USD	Point-in-time

Stockholders Equity 50 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
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.70	USD	3 Qtrs
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.40	USD	3 Qtrs
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.80B	USD	Point-in-time
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.59B	USD	Point-in-time
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.84B	USD	Point-in-time
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.96B	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
Reclassification of stranded income tax effects	`TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect`	-	USD	3 Qtrs
Net income	`ProfitLoss`	$874.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.45B	USD	3 Qtrs
Net income	`ProfitLoss`	$2.33B	USD	3 Qtrs
Net income	`ProfitLoss`	$639.00M	USD	1 Quarter
Dividends on common stock	`Dividends`	$1.03B	USD	3 Qtrs
Dividends on common stock	`Dividends`	$372.00M	USD	1 Quarter
Dividends on common stock	`Dividends`	$341.00M	USD	1 Quarter
Dividends on common stock	`Dividends`	$1.12B	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$40.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.00M	USD	1 Quarter
Transactions in connection with stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.00M	USD	1 Quarter
Transactions in connection with stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-1.00M	USD	3 Qtrs
Transactions in connection with stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-15.00M	USD	1 Quarter
Transactions in connection with stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-149.00M	USD	3 Qtrs
Stock purchases under purchase program	`TreasuryStockValueAcquiredCostMethod`	$306.00M	USD	1 Quarter
Stock purchases under purchase program	`TreasuryStockValueAcquiredCostMethod`	$904.00M	USD	3 Qtrs
Stock purchases under purchase program	`TreasuryStockValueAcquiredCostMethod`	$396.00M	USD	1 Quarter
Stock purchases under purchase program	`TreasuryStockValueAcquiredCostMethod`	$552.00M	USD	3 Qtrs
Acquisition of Valero Energy Partners LP publicly held common units	`MinorityInterestDecreaseFromRedemptions`	$950.00M	USD	3 Qtrs
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$32.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$39.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$13.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$57.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$63.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$-6.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-7.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$-74.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-18.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-203.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-181.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$30.00M	USD	1 Quarter
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.80B	USD	Point-in-time
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.59B	USD	Point-in-time
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.84B	USD	Point-in-time
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.96B	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

Comprehensive Income 38 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$874.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.45B	USD	3 Qtrs
Net income	`ProfitLoss`	$2.33B	USD	3 Qtrs
Net income	`ProfitLoss`	$639.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-25.00M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-223.00M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-180.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$23.00M	USD	1 Quarter
Net gain on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-3.00M	USD	1 Quarter
Net gain on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-25.00M	USD	3 Qtrs
Net gain on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-8.00M	USD	1 Quarter
Net gain on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-8.00M	USD	3 Qtrs
Net gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	-	USD	3 Qtrs
Net gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax`	-	USD	1 Quarter
Other comprehensive income (loss) before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$31.00M	USD	1 Quarter
Other comprehensive income (loss) before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$-16.00M	USD	3 Qtrs
Other comprehensive income (loss) before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$-181.00M	USD	1 Quarter
Other comprehensive income (loss) before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$-198.00M	USD	3 Qtrs
Income tax expense related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$5.00M	USD	3 Qtrs
Income tax expense related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$2.00M	USD	3 Qtrs
Income tax expense related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Income tax expense related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$1.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-18.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-203.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-181.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$30.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.44B	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$458.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.13B	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$904.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$21.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$28.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$162.00M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$96.00M	USD	3 Qtrs
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$883.00M	USD	1 Quarter
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$1.34B	USD	3 Qtrs
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$1.97B	USD	3 Qtrs
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$430.00M	USD	1 Quarter

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