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Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Consolidated Statements of Income    
Operating revenues (a) $ 35,167 $ 26,308
Costs and expenses:    
Cost of sales 33,035 24,568
Operating expenses:    
Refining 964 744
Retail 166 162
Ethanol 87 95
General and administrative expenses 164 130
Depreciation and amortization expense 384 365
Asset impairment loss 611 0
Total costs and expenses 35,411 26,064
Operating income (loss) (244) 244
Other income, net 6 17
Interest and debt expense, net of capitalized interest (99) (117)
Income (loss) from continuing operations before income tax expense (337) 144
Income tax expense 95 40
Income (loss) from continuing operations (432) 104
Loss from discontinued operations, net of income taxes 0 (6)
Net income (loss) (432) 98
Less: Net loss attributable to noncontrolling interests 0 0
Net income (loss) attributable to Valero Energy Corporation stockholders (432) 98
Net income (loss) attributable to Valero Energy Corporation stockholders:    
Continuing operations (432) 104
Discontinued operations 0 (6)
Total (432) 98
Earnings per common share:    
Continuing operations $ (0.78) $ 0.18
Discontinued operations $ 0.00 $ (0.01)
Total $ (0.78) $ 0.17
Weighted-average common shares outstanding (in millions) 551 566
Earnings per common share - assuming dilution:    
Continuing operations $ (0.78) $ 0.18
Discontinued operations $ 0.00 $ (0.01)
Total $ (0.78) $ 0.17
Weighted-average common shares outstanding - assuming dilution (in millions) 551 573
Dividends per common share $ 0.15 $ 0.05
Supplemental Information [Abstract]    
(a) Includes excise taxes on sales by our U.S. retail system $ 234 $ 214