Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY FINANCIAL DATA (Unaudited)

22. QUARTERLY FINANCIAL DATA (Unaudited)

The following table summarizes quarterly financial data for the years ended December 31, 2012 and 2011 (in millions, except per share amounts).

	2012 Quarter Ended
	March 31 (a)			June 30		September 30		December 31
Operating revenues	$	35,167		$	34,662	$	34,726	$	34,695
Operating income (loss)	(244		)	1,361		1,309		1,584
Income (loss) from continuing   operations	(432		)	830		673		1,009
Net income (loss)	(432		)	830		673		1,009
Net income (loss) attributable to Valero Energy Corporation  stockholders	(432		)	831		674		1,010
Earnings (loss) per common share   from continuing operations –   assuming dilution	(0.78		)	1.50		1.21		1.82
Earnings (loss) per common share –   assuming dilution	(0.78		)	1.50		1.21		1.82
	2011 Quarter Ended
	March 31			June 30		September 30 (b)		December 31 (c)
Operating revenues	$	26,308		$	31,293	$	33,713	$	34,673
Operating income	244			1,290		1,979		167
Income from continuing   operations	104			744		1,203		45
Net income	98			743		1,203		45
Net income attributable to Valero Energy Corporation  stockholders	98			744		1,203		45
Earnings per common share   from continuing operations –   assuming dilution	0.18			1.30		2.11		0.08
Earnings per common share –   assuming dilution	0.17			1.30		2.11		0.08

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(a) The operations of the Aruba Refinery were suspended in March 2012.

(b) Includes the operations related to the Pembroke Acquisition beginning August 1, 2011.

(c) Includes the operations related to the Meraux Acquisition beginning October 1, 2011.