Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Mar. 31, 2012	Dec. 31, 2011
Current assets:
Cash and temporary cash investments	$ 1,559	$ 1,024
Receivables, net	7,418	8,706
Inventories	6,145	5,623
Income taxes receivable	226	212
Deferred income taxes	358	283
Prepaid expenses and other	118	124
Total current assets	15,824	15,972
Property, plant and equipment, at cost	32,253	32,253
Accumulated depreciation	(7,098)	(7,076)
Property, plant and equipment, net	25,155	25,177
Intangible assets, net	227	227
Deferred charges and other assets, net	1,428	1,407
Total assets	42,634	42,783
Current liabilities:
Current portion of debt and capital lease obligations	1,143	1,009
Accounts payable	9,941	9,472
Accrued expenses	483	595
Taxes other than income taxes	1,294	1,264
Income taxes payable	26	119
Deferred income taxes	189	249
Total current liabilities	13,076	12,708
Debt and capital lease obligations, less current portion	6,460	6,732
Deferred income taxes	5,210	5,017
Other long-term liabilities	1,896	1,881
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	7,479	7,486
Treasury stock, at cost; 120,526,015 and 116,689,450 common shares	(6,542)	(6,475)
Retained earnings	14,794	15,309
Accumulated other comprehensive income	221	96
Total Valero Energy Corporation stockholders' equity	15,959	16,423
Noncontrolling interest	33	22
Total equity	15,992	16,445
Total liabilities and equity	$ 42,634	$ 42,783