XML 67 R45.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Earnings Per Common Share (Details) (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Earnings per common share from continuing operations:        
Net income attributable to Valero stockholders from continuing operations $ 745 $ 520 $ 849 $ 440
Common stock     57 57
Weighted-average common shares outstanding 567 563 567 563
Earnings per common share:        
Distributed earnings $ 0.05 $ 0.05 $ 0.10 $ 0.10
Total earnings per common share from continuing operations $ 1.31 $ 0.92 $ 1.49 $ 0.78
Earnings per common share from continuing operations - assuming dilution        
Net income attributable to Valero stockholders from continuing operations 745 520 849 440
Weighted-average common shares outstanding 567 563 567 563
Common equivalent shares:        
Weighted-average common shares outstanding - assuming dilution (in millions) 574 567 573 567
Earnings per common share from continuing operations - assuming dilution $ 1.3 $ 0.92 $ 1.48 $ 0.78
Common Stock [Member]
       
Earnings per common share from continuing operations:        
Net income attributable to Valero stockholders from continuing operations 745 520 849 440
Common stock 29 29 57 57
Nonvested restricted stock 0 0 0 0
Undistributed earnings 716 491 792 383
Weighted-average common shares outstanding 567 563 567 563
Earnings per common share:        
Distributed earnings $ 0.05 $ 0.05 $ 0.10 $ 0.1
Undistributed earnings $ 1.26 $ 0.87 $ 1.39 $ 0.68
Total earnings per common share from continuing operations $ 1.31 $ 0.92 $ 1.49 $ 0.78
Earnings per common share from continuing operations - assuming dilution        
Net income attributable to Valero stockholders from continuing operations $ 745 $ 520 $ 849 $ 440
Weighted-average common shares outstanding 567 563 567 563
Common equivalent shares:        
Stock options 5 3 5 3
Performance awards and unvested restricted stock 2 1 1 1
Weighted-average common shares outstanding - assuming dilution (in millions) 574 567 573 567
Earnings per common share from continuing operations - assuming dilution $ 1.3 $ 0.92 $ 1.48 $ 0.78
Restricted Stock [Member]
       
Earnings per common share from continuing operations:        
Weighted-average common shares outstanding 3 3 3 3
Earnings per common share:        
Distributed earnings $ 0.05 $ 0.05 $ 0.10 $ 0.10
Undistributed earnings $ 1.26 $ 0.87 $ 1.39 $ 0.68
Total earnings per common share from continuing operations $ 1.31 $ 0.92 $ 1.49 $ 0.78
Earnings per common share from continuing operations - assuming dilution        
Weighted-average common shares outstanding 3 3 3 3