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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and temporary cash investments $ 1,857 $ 1,723
Receivables, net 7,658 8,167
Inventories 6,937 5,973
Income taxes receivable 90 169
Deferred income taxes 280 274
Prepaid expenses and other 384 154
Total current assets 17,206 16,460
Property, plant and equipment, at cost 34,470 34,132
Accumulated depreciation (8,072) (7,832)
Property, plant and equipment, net 26,398 26,300
Intangible assets, net 203 213
Deferred charges and other assets, net 1,694 1,504
Total assets 45,501 44,477
Current liabilities:    
Current portion of debt and capital lease obligations 406 586
Accounts payable 9,821 9,348
Accrued expenses 761 590
Taxes other than income taxes 1,314 1,026
Income taxes payable 15 1
Deferred income taxes 388 378
Total current liabilities 12,705 11,929
Debt and capital lease obligations, less current portion 6,463 6,463
Deferred income taxes 6,131 5,860
Other long-term liabilities 1,784 2,130
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 7,245 7,322
Treasury stock, at cost; 125,469,048 and 121,406,520 common shares (6,605) (6,437)
Retained earnings 17,575 17,032
Accumulated other comprehensive income 121 108
Total Valero Energy Corporation stockholders’ equity 18,343 18,032
Noncontrolling interests 75 63
Total equity 18,418 18,095
Total liabilities and equity $ 45,501 $ 44,477