10-Q Filing

VALERO ENERGY CORP/TX CIK: 1035002 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001035002-20-000016`
Period End Date	20200331
Filing Date	20200429
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	vloform10-qx3312020_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 44 Cash Flow Statement 42 Stockholders Equity 25 Comprehensive Income 20

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
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.58B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.51B	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$8.90B	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`	$5.39B	USD	Point-in-time
Inventories	`InventoryNet`	$3.67B	USD	Point-in-time
Inventories	`InventoryNet`	$7.01B	USD	Point-in-time
Treasury stock, common shares	`TreasuryStockShares`	264.21M	shares	Point-in-time
Treasury stock, common shares	`TreasuryStockShares`	265.80M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$883.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$469.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.46B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.97B	USD	Point-in-time
Property, plant, and equipment, at cost	`PropertyPlantAndEquipmentGross`	$44.29B	USD	Point-in-time
Property, plant, and equipment, at cost	`PropertyPlantAndEquipmentGross`	$45.79B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$15.26B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$15.03B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$30.53B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$29.26B	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$5.63B	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$5.76B	USD	Point-in-time
Total assets	`Assets`	$53.86B	USD	Point-in-time
Total assets	`Assets`	$47.75B	USD	Point-in-time
Current portion of debt and finance lease obligations	`DebtCurrent`	$886.00M	USD	Point-in-time
Current portion of debt and finance lease obligations	`DebtCurrent`	$494.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.91B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.21B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$949.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$866.00M	USD	Point-in-time
Taxes other than income taxes payable	`SalesAndExciseTaxPayableCurrent`	$1.02B	USD	Point-in-time
Taxes other than income taxes payable	`SalesAndExciseTaxPayableCurrent`	$1.30B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$55.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$208.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.73B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.16B	USD	Point-in-time
Debt and finance lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$9.18B	USD	Point-in-time
Debt and finance lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$10.57B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$5.10B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.91B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.89B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.85B	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`	$6.81B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$6.82B	USD	Point-in-time
Treasury stock, at cost; 265,800,838 and 264,209,742 common shares	`TreasuryStockValue`	$15.76B	USD	Point-in-time
Treasury stock, at cost; 265,800,838 and 264,209,742 common shares	`TreasuryStockValue`	$15.65B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$29.72B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$31.97B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.94B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.35B	USD	Point-in-time
Total Valero Energy Corporation stockholders equity	`StockholdersEquity`	$21.80B	USD	Point-in-time
Total Valero Energy Corporation stockholders equity	`StockholdersEquity`	$18.84B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$733.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$843.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.68B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.73B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.78B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.54B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$53.86B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$47.75B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$22.10B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$24.26B	USD	1 Quarter
Cost of materials and other	`CostDirectMaterial`	$21.98B	USD	1 Quarter
Cost of materials and other	`CostDirectMaterial`	$19.95B	USD	1 Quarter
Lower of cost or market (LCM) inventory valuation adjustment	`InventoryWriteDown`	$2.54B	USD	1 Quarter
Lower of cost or market (LCM) inventory valuation adjustment	`InventoryWriteDown`	-	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`	$1.12B	USD	1 Quarter
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$569.00M	USD	1 Quarter
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$537.00M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$24.19B	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$23.73B	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$2.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$2.00M	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`	$177.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$13.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$14.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-2.28B	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$308.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$32.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$22.00M	USD	1 Quarter
Interest and debt expense, net of capitalized interest	`InterestExpense`	$125.00M	USD	1 Quarter
Interest and debt expense, net of capitalized interest	`InterestExpense`	$112.00M	USD	1 Quarter
Income (loss) before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$218.00M	USD	1 Quarter
Income (loss) before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.37B	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-616.00M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$51.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$167.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.75B	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$97.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$26.00M	USD	1 Quarter
Net income (loss) attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$-1.85B	USD	1 Quarter
Net income (loss) attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$141.00M	USD	1 Quarter
Earnings (loss) per common share (in dollars per share)	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Earnings (loss) per common share (in dollars per share)	`EarningsPerShareBasic`	$-4.54	USD	1 Quarter
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	416.00M	shares	1 Quarter
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	408.00M	shares	1 Quarter
Earnings (loss) per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$-4.54	USD	1 Quarter
Earnings (loss) 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`	408.00M	shares	1 Quarter
Includes excise taxes on sales by certain of our international operations	`ExciseAndSalesTaxes`	$1.33B	USD	1 Quarter
Includes excise taxes on sales by certain of our international operations	`ExciseAndSalesTaxes`	$1.37B	USD	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$167.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.75B	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAmortizationAndAccretionNet`	$582.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAmortizationAndAccretionNet`	$551.00M	USD	1 Quarter
LCM inventory valuation adjustment	`InventoryWriteDown`	$2.54B	USD	1 Quarter
LCM inventory valuation adjustment	`InventoryWriteDown`	-	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxesAndTaxCredits`	$-22.00M	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxesAndTaxCredits`	$-162.00M	USD	1 Quarter
Changes in current assets and current liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$1.11B	USD	1 Quarter
Changes in current assets and current liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-130.00M	USD	1 Quarter
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$150.00M	USD	1 Quarter
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-51.00M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$877.00M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-49.00M	USD	1 Quarter
Investments in unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$63.00M	USD	1 Quarter
Investments in unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$19.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-10.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-747.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-757.00M	USD	1 Quarter
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$147.00M	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`	$401.00M	USD	1 Quarter
Acquisition of VLP publicly held common units	`PaymentsToMinorityShareholders`	-	USD	1 Quarter
Acquisition of VLP publicly held common units	`PaymentsToMinorityShareholders`	$950.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-25.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-195.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-378.00M	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`	$-67.00M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.07B	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-205.00M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.98B	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`	$1.51B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.58B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.98B	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`	$1.51B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.58B	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.90	USD	1 Quarter
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.98	USD	1 Quarter
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.68B	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
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.54B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$167.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.75B	USD	1 Quarter
Dividends on common stock	`Dividends`	$401.00M	USD	1 Quarter
Dividends on common stock	`Dividends`	$375.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.00M	USD	1 Quarter
Transactions in connection with stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-17.00M	USD	1 Quarter
Transactions in connection with stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-1.00M	USD	1 Quarter
Open market stock purchases	`TreasuryStockValueAcquiredCostMethod`	$34.00M	USD	1 Quarter
Open market stock purchases	`TreasuryStockValueAcquiredCostMethod`	$130.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.00M	USD	1 Quarter
Acquisition of Valero Energy Partners LP (VLP) publicly held common units	`MinorityInterestDecreaseFromRedemptions`	$950.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-74.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$157.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-572.00M	USD	1 Quarter
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.68B	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
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.54B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$167.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.75B	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-607.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$155.00M	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`	$-12.00M	USD	1 Quarter
Net gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	-	USD	1 Quarter
Net gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$29.00M	USD	1 Quarter
Other comprehensive income (loss) before income tax expense	`OtherComprehensiveIncomeLossBeforeTax`	$-566.00M	USD	1 Quarter
Other comprehensive income (loss) before income tax expense	`OtherComprehensiveIncomeLossBeforeTax`	$158.00M	USD	1 Quarter
Income tax expense related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$6.00M	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`	$157.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-572.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.33B	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$324.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$28.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$111.00M	USD	1 Quarter
Comprehensive income (loss) attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$-2.44B	USD	1 Quarter
Comprehensive income (loss) 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.