10-Q Filing

VALERO ENERGY CORP/TX CIK: 1035002 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001035002-23-000103`
Period End Date	20230630
Filing Date	20230727
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	vlo-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 84 Cash Flow Statement 54 Stockholders Equity 47 Comprehensive Income 40

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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.08B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.86B	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
Receivables, net	`ReceivablesNetCurrent`	$10.89B	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`	$11.92B	USD	Point-in-time
Treasury stock, common shares	`TreasuryStockCommonShares`	301.37M	shares	Point-in-time
Inventories	`InventoryNet`	$6.96B	USD	Point-in-time
Inventories	`InventoryNet`	$6.75B	USD	Point-in-time
Treasury stock, common shares	`TreasuryStockCommonShares`	320.38M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$600.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$771.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$23.70B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$24.13B	USD	Point-in-time
Property, plant, and equipment, at cost	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$51.12B	USD	Point-in-time
Property, plant, and equipment, at cost	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$50.58B	USD	Point-in-time
Accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$20.55B	USD	Point-in-time
Accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$19.60B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$30.98B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$30.57B	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$5.87B	USD	Point-in-time
Deferred charges and other assets, net	`OtherAssetsNoncurrent`	$6.40B	USD	Point-in-time
Total assets	`Assets`	$60.98B	USD	Point-in-time
Total assets	`Assets`	$60.67B	USD	Point-in-time
Current portion of debt and finance lease obligations	`DebtCurrent`	$1.11B	USD	Point-in-time
Current portion of debt and finance lease obligations	`DebtCurrent`	$1.19B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.82B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.73B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.22B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.12B	USD	Point-in-time
Taxes other than income taxes payable	`SalesAndExciseTaxPayableCurrent`	$1.49B	USD	Point-in-time
Taxes other than income taxes payable	`SalesAndExciseTaxPayableCurrent`	$1.57B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$322.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$841.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.46B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$14.95B	USD	Point-in-time
Debt and finance lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$10.13B	USD	Point-in-time
Debt and finance lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$10.53B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$5.22B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$5.38B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.31B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.21B	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`	$6.86B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$6.89B	USD	Point-in-time
Treasury stock, at cost; 320,378,393 and 301,372,958 common shares	`TreasuryStockValue`	$20.20B	USD	Point-in-time
Treasury stock, at cost; 320,378,393 and 301,372,958 common shares	`TreasuryStockValue`	$22.59B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$42.51B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$38.25B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-971.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.36B	USD	Point-in-time
Total Valero Energy Corporation stockholders equity	`StockholdersEquity`	$25.85B	USD	Point-in-time
Total Valero Energy Corporation stockholders equity	`StockholdersEquity`	$23.56B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$2.14B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.91B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.73B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.07B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.99B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.82B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.47B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.41B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$60.98B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$60.67B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$90.18B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$34.51B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$51.64B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$70.95B	USD	2 Qtrs
Cost of materials and other	`CostDirectMaterial`	$29.43B	USD	1 Quarter
Cost of materials and other	`CostDirectMaterial`	$42.95B	USD	1 Quarter
Cost of materials and other	`CostDirectMaterial`	$77.89B	USD	2 Qtrs
Cost of materials and other	`CostDirectMaterial`	$59.44B	USD	2 Qtrs
Operating expenses (excluding depreciation and amortization expense reflected below)	`CostOfGoodsAndServicesSoldOverhead`	$2.92B	USD	2 Qtrs
Operating expenses (excluding depreciation and amortization expense reflected below)	`CostOfGoodsAndServicesSoldOverhead`	$3.00B	USD	2 Qtrs
Operating expenses (excluding depreciation and amortization expense reflected below)	`CostOfGoodsAndServicesSoldOverhead`	$1.44B	USD	1 Quarter
Operating expenses (excluding depreciation and amortization expense reflected below)	`CostOfGoodsAndServicesSoldOverhead`	$1.63B	USD	1 Quarter
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$1.19B	USD	2 Qtrs
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$1.31B	USD	2 Qtrs
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$590.00M	USD	1 Quarter
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$658.00M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$82.08B	USD	2 Qtrs
Total cost of sales	`CostOfRevenue`	$63.66B	USD	2 Qtrs
Total cost of sales	`CostOfRevenue`	$45.16B	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$31.53B	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$12.00M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$2.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$15.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$34.00M	USD	2 Qtrs
General and administrative expenses (excluding depreciation and amortization expense reflected below)	`GeneralAndAdministrativeExpense`	$233.00M	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`	$438.00M	USD	2 Qtrs
General and administrative expenses (excluding depreciation and amortization expense reflected below)	`GeneralAndAdministrativeExpense`	$453.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$23.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$21.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$12.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$11.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$7.60B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$6.22B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$6.80B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$2.76B	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$106.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$13.00M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$33.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$235.00M	USD	2 Qtrs
Interest and debt expense, net of capitalized interest	`InterestExpense`	$142.00M	USD	1 Quarter
Interest and debt expense, net of capitalized interest	`InterestExpense`	$294.00M	USD	2 Qtrs
Interest and debt expense, net of capitalized interest	`InterestExpense`	$148.00M	USD	1 Quarter
Interest and debt expense, net of capitalized interest	`InterestExpense`	$287.00M	USD	2 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.72B	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.74B	USD	2 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.11B	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.33B	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.34B	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$595.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.48B	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.59B	USD	2 Qtrs
Net income	`ProfitLoss`	$2.12B	USD	1 Quarter
Net income	`ProfitLoss`	$5.27B	USD	2 Qtrs
Net income	`ProfitLoss`	$5.74B	USD	2 Qtrs
Net income	`ProfitLoss`	$4.77B	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$75.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$178.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$137.00M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$257.00M	USD	2 Qtrs
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$4.69B	USD	1 Quarter
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$1.94B	USD	1 Quarter
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$5.60B	USD	2 Qtrs
Net income attributable to Valero Energy Corporation stockholders	`NetIncomeLoss`	$5.01B	USD	2 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$13.75	USD	2 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$11.58	USD	1 Quarter
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$5.41	USD	1 Quarter
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$13.75	USD	2 Qtrs
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	404.00M	shares	1 Quarter
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	358.00M	shares	1 Quarter
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	363.00M	shares	2 Qtrs
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	406.00M	shares	2 Qtrs
Earnings per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$13.74	USD	2 Qtrs
Earnings per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$13.74	USD	2 Qtrs
Earnings per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$5.40	USD	1 Quarter
Earnings per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$11.57	USD	1 Quarter
Weighted-average common shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	406.00M	shares	2 Qtrs
Weighted-average common shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	358.00M	shares	1 Quarter
Weighted-average common shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	363.00M	shares	2 Qtrs
Weighted-average common shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	404.00M	shares	1 Quarter
Includes excise taxes on sales by certain of our foreign operations	`ExciseAndSalesTaxes`	$2.68B	USD	2 Qtrs
Includes excise taxes on sales by certain of our foreign operations	`ExciseAndSalesTaxes`	$2.87B	USD	2 Qtrs
Includes excise taxes on sales by certain of our foreign operations	`ExciseAndSalesTaxes`	$1.45B	USD	1 Quarter
Includes excise taxes on sales by certain of our foreign operations	`ExciseAndSalesTaxes`	$1.25B	USD	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.12B	USD	1 Quarter
Net income	`ProfitLoss`	$5.27B	USD	2 Qtrs
Net income	`ProfitLoss`	$5.74B	USD	2 Qtrs
Net income	`ProfitLoss`	$4.77B	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAmortizationAndAccretionNet`	$1.33B	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAmortizationAndAccretionNet`	$1.21B	USD	2 Qtrs
Loss (gain) on early retirement of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$-50.00M	USD	2 Qtrs
Loss (gain) on early retirement of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$11.00M	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxesAndTaxCredits`	$159.00M	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxesAndTaxCredits`	$-333.00M	USD	2 Qtrs
Changes in current assets and current liabilities	`IncreaseDecreaseInOperatingCapitalCurrent`	$128.00M	USD	2 Qtrs
Changes in current assets and current liabilities	`IncreaseDecreaseInOperatingCapitalCurrent`	$1.73B	USD	2 Qtrs
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$335.00M	USD	2 Qtrs
Changes in deferred charges and credits and other operating activities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$99.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.43B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.68B	USD	2 Qtrs
Purchases of available-for-sale (AFS) debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Purchases of available-for-sale (AFS) debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$354.00M	USD	2 Qtrs
Proceeds from sales and maturities of AFS debt securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$251.00M	USD	2 Qtrs
Proceeds from sales and maturities of AFS debt securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	-	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	-	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$32.00M	USD	2 Qtrs
Investments in nonconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	-	USD	2 Qtrs
Investments in nonconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$1.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-7.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.08B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.46B	USD	2 Qtrs
Premiums paid on early retirement of debt	`PaymentsOfDebtExtinguishmentCosts`	$5.00M	USD	2 Qtrs
Premiums paid on early retirement of debt	`PaymentsOfDebtExtinguishmentCosts`	$48.00M	USD	2 Qtrs
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$1.89B	USD	2 Qtrs
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$2.39B	USD	2 Qtrs
Common stock dividend payments	`PaymentsOfDividendsCommonStock`	$800.00M	USD	2 Qtrs
Common stock dividend payments	`PaymentsOfDividendsCommonStock`	$746.00M	USD	2 Qtrs
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$75.00M	USD	2 Qtrs
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$240.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$101.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$3.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.64B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.52B	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-61.00M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$129.00M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.27B	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$213.00M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.12B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.86B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.39B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.08B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.12B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.86B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.39B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.08B	USD	Point-in-time

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.96	USD	2 Qtrs
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.04	USD	2 Qtrs
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.02	USD	1 Quarter
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.98	USD	1 Quarter
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.73B	USD	Point-in-time
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.07B	USD	Point-in-time
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.99B	USD	Point-in-time
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.82B	USD	Point-in-time
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.47B	USD	Point-in-time
Balance as of beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.41B	USD	Point-in-time
Net income	`ProfitLoss`	$2.12B	USD	1 Quarter
Net income	`ProfitLoss`	$5.27B	USD	2 Qtrs
Net income	`ProfitLoss`	$5.74B	USD	2 Qtrs
Net income	`ProfitLoss`	$4.77B	USD	1 Quarter
Dividends on common stock	`Dividends`	$800.00M	USD	2 Qtrs
Dividends on common stock	`Dividends`	$399.00M	USD	1 Quarter
Dividends on common stock	`Dividends`	$367.00M	USD	1 Quarter
Dividends on common stock	`Dividends`	$746.00M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$53.00M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$47.00M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.00M	USD	1 Quarter
Transactions in connection with stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	2 Qtrs
Transactions in connection with stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.00M	USD	2 Qtrs
Transactions in connection with stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Transactions in connection with stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	1 Quarter
Purchases of common stock for treasury	`TreasuryStockValueAcquiredCostMethod`	$1.75B	USD	1 Quarter
Purchases of common stock for treasury	`TreasuryStockValueAcquiredCostMethod`	$951.00M	USD	1 Quarter
Purchases of common stock for treasury	`TreasuryStockValueAcquiredCostMethod`	$1.89B	USD	2 Qtrs
Purchases of common stock for treasury	`TreasuryStockValueAcquiredCostMethod`	$2.42B	USD	2 Qtrs
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$75.00M	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$240.00M	USD	2 Qtrs
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$75.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$101.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$101.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-414.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-390.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$393.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$210.00M	USD	1 Quarter
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.73B	USD	Point-in-time
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.07B	USD	Point-in-time
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.99B	USD	Point-in-time
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.82B	USD	Point-in-time
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.47B	USD	Point-in-time
Balance as of end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.41B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.12B	USD	1 Quarter
Net income	`ProfitLoss`	$5.27B	USD	2 Qtrs
Net income	`ProfitLoss`	$5.74B	USD	2 Qtrs
Net income	`ProfitLoss`	$4.77B	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-429.00M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$391.00M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$257.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-442.00M	USD	1 Quarter
Net gain (loss) on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-17.00M	USD	2 Qtrs
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`	$-9.00M	USD	1 Quarter
Net gain (loss) on pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$13.00M	USD	2 Qtrs
Net gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$10.00M	USD	2 Qtrs
Net gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$-47.00M	USD	1 Quarter
Net gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$5.00M	USD	2 Qtrs
Net gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$50.00M	USD	1 Quarter
Other comprehensive income (loss) before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$-383.00M	USD	1 Quarter
Other comprehensive income (loss) before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$204.00M	USD	1 Quarter
Other comprehensive income (loss) before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$-407.00M	USD	2 Qtrs
Other comprehensive income (loss) before income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTax`	$388.00M	USD	2 Qtrs
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$7.00M	USD	1 Quarter
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$-6.00M	USD	1 Quarter
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$-5.00M	USD	2 Qtrs
Income tax expense (benefit) related to items of other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$7.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-414.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-390.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$393.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$210.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.66B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.38B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.32B	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$154.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$101.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$262.00M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$140.00M	USD	2 Qtrs
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$5.40B	USD	2 Qtrs
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$5.18B	USD	2 Qtrs
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$4.28B	USD	1 Quarter
Comprehensive income attributable to Valero Energy Corporation stockholders	`ComprehensiveIncomeNetOfTax`	$2.18B	USD	1 Quarter

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