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Consolidated Balance Sheets (USD $)
In Millions
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and temporary cash investments$ 2,829$ 3,334
Receivables, net7,5094,583
Inventories5,1644,947
Income taxes receivable5343
Deferred income taxes254190
Prepaid expenses and other109121
Total current assets15,87013,518
Property, plant and equipment, at cost31,06628,921
Accumulated depreciation(6,847)(6,252)
Property, plant and equipment, net24,21922,669
Intangible assets, net251224
Deferred charges and other assets, net1,3431,210
Total assets41,68337,621
Current liabilities:  
Current portion of debt and capital lease obligations867822
Accounts payable8,5206,441
Accrued expenses785590
Taxes other than income taxes1,053671
Income taxes payable1363
Deferred income taxes322257
Total current liabilities11,6838,784
Debt and capital lease obligations, less current portion6,7817,515
Deferred income taxes4,9424,530
Other long-term liabilities1,6071,767
Commitments and contingencies  
Valero Energy Corporation stockholders' equity:  
Common stock, $0.01 par value; 1,200,000,000 shares authorized; 673,501,593 and 673,501,593 shares issued77
Additional paid-in capital7,5597,704
Treasury stock, at cost; 114,855,199 and 105,113,545 common shares(6,491)(6,462)
Retained earnings15,34713,388
Accumulated other comprehensive income232388
Total Valero Energy Corporation stockholders' equity16,65415,025
Noncontrolling interests160
Total equity16,67015,025
Total liabilities and equity$ 41,683$ 37,621