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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and temporary cash investments $ 3,647 $ 4,292
Receivables, net 7,783 8,751
Inventories 7,106 5,758
Income taxes receivable 104 72
Deferred income taxes 256 266
Prepaid expenses and other 134 138
Total current assets 19,030 19,277
Property, plant, and equipment, at cost 34,235 33,933
Accumulated depreciation (8,469) (8,226)
Property, plant, and equipment, net 25,766 25,707
Deferred charges and other assets, net 2,303 2,276
Total assets 47,099 47,260
Current liabilities:    
Current portion of debt and capital lease obligations 704 303
Accounts payable 9,617 9,931
Accrued expenses 488 522
Taxes other than income taxes 1,139 1,345
Income taxes payable 667 773
Deferred income taxes 311 249
Total current liabilities 12,926 13,123
Debt and capital lease obligations, less current portion 5,860 6,261
Deferred income taxes 6,615 6,601
Other long-term liabilities 1,290 1,329
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 7,134 7,187
Treasury stock, at cost; 140,081,386 and 137,932,138 common shares (7,168) (7,054)
Retained earnings 19,665 18,970
Accumulated other comprehensive income 277 350
Total Valero Energy Corporation stockholders’ equity 19,915 19,460
Noncontrolling interests 493 486
Total equity 20,408 19,946
Total liabilities and equity $ 47,099 $ 47,260