Consolidated Balance Sheets (USD $) In Millions	Jun. 30, 2011	Dec. 31, 2010
Current assets:
Cash and temporary cash investments	$ 4,107	$ 3,334
Receivables, net	6,027	4,583
Inventories	3,988	4,947
Income taxes receivable	118	343
Deferred income taxes	285	190
Prepaid expenses and other	162	121
Total current assets	14,687	13,518
Property, plant and equipment, at cost	29,866	28,921
Accumulated depreciation	(6,660)	(6,252)
Property, plant and equipment, net	23,206	22,669
Intangible assets, net	222	224
Deferred charges and other assets, net	1,411	1,210
Total assets	39,526	37,621
Current liabilities:
Current portion of debt and capital lease obligations	861	822
Accounts payable	7,642	6,441
Accrued expenses	765	590
Taxes other than income taxes	627	671
Income taxes payable	82	3
Deferred income taxes	254	257
Total current liabilities	10,231	8,784
Debt and capital lease obligations, less current portion	6,762	7,515
Deferred income taxes	4,801	4,530
Other long-term liabilities	1,740	1,767
Commitments and contingencies
Valero Energy Corporation stockholders' equity:
Common stock, $0.01 par value; 1,200,000,000 shares authorized; 673,501,593 and 673,501,593 shares issued	7	7
Additional paid-in capital	7,616	7,704
Treasury stock, at cost; 102,738,591 and 105,113,545 common shares	(6,312)	(6,462)
Retained earnings	14,173	13,388
Accumulated other comprehensive income	498	388
Total Valero Energy Corporation stockholders' equity	15,982	15,025
Noncontrolling interest	10	0
Total equity	15,992	15,025
Total liabilities and equity	$ 39,526	$ 37,621