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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and temporary cash investments $ 1,723 $ 1,024
Receivables, net 8,167 8,706
Inventories 5,973 5,623
Income taxes receivable 169 212
Deferred income taxes 274 283
Prepaid expenses and other 154 124
Total current assets 16,460 15,972
Property, plant and equipment, at cost 34,132 32,253
Accumulated depreciation (7,832) (7,076)
Property, plant and equipment, net 26,300 25,177
Intangible assets, net 213 227
Deferred charges and other assets, net 1,504 1,407
Total assets 44,477 42,783
Current liabilities:    
Current portion of debt and capital lease obligations 586 1,009
Accounts payable 9,348 9,472
Accrued expenses 590 595
Taxes other than income taxes 1,026 1,264
Income taxes payable 1 119
Deferred income taxes 378 249
Total current liabilities 11,929 12,708
Debt and capital lease obligations, less current portion 6,463 6,732
Deferred income taxes 5,860 5,017
Other long-term liabilities 2,130 1,881
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 7,322 7,486
Treasury stock, at cost; 121,406,520 and 116,689,450 common shares (6,437) (6,475)
Retained earnings 17,032 15,309
Accumulated other comprehensive income 108 96
Total Valero Energy Corporation stockholders’ equity 18,032 16,423
Noncontrolling interest 63 22
Total equity 18,095 16,445
Total liabilities and equity $ 44,477 $ 42,783