XML 31 R44.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Common Share (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Earnings per common share from continuing operations:        
Net income attributable to Valero stockholders from continuing operations $ 651 $ 463 $ 1,480 $ 1,114
Less dividends paid:        
Weighted-average common shares outstanding (in shares) 529 543 530 546
Earnings per common share from continuing operations:        
Total earnings per common share from continuing operations (in usd per share) $ 1.23 $ 0.85 $ 2.78 $ 2.03
Earnings per common share from continuing operations – assuming dilution:        
Net income attributable to Valero stockholders from continuing operations 651 463 1,480 1,114
Weighted-average common shares outstanding (in shares) 529 543 530 546
Common equivalent shares:        
Weighted-average common shares outstanding – assuming dilution (in shares) 534 548 535 552
Earnings per common share from continuing operations – assuming dilution (in usd per share) $ 1.22 $ 0.84 $ 2.77 $ 2.02
Common Stock [Member]
       
Earnings per common share from continuing operations:        
Net income attributable to Valero stockholders from continuing operations 651 463 1,480 1,114
Less dividends paid:        
Common stock 133 109 265 219
Nonvested restricted stock     1 1
Undistributed earnings 518 354 1,214 894
Weighted-average common shares outstanding (in shares) 529 543 530 546
Earnings per common share from continuing operations:        
Distributed earnings (in usd per share) $ 0.25 $ 0.20 $ 0.50 $ 0.40
Undistributed earnings (in usd per share) $ 0.98 $ 0.65 $ 2.28 $ 1.63
Total earnings per common share from continuing operations (in usd per share) $ 1.23 $ 0.85 $ 2.78 $ 2.03
Earnings per common share from continuing operations – assuming dilution:        
Net income attributable to Valero stockholders from continuing operations $ 651 $ 463 $ 1,480 $ 1,114
Weighted-average common shares outstanding (in shares) 529 543 530 546
Common equivalent shares:        
Stock options (in shares) 3 3 3 4
Performance awards and nonvested restricted stock (in shares) 2 2 2 2
Weighted-average common shares outstanding – assuming dilution (in shares) 534 548 535 552
Earnings per common share from continuing operations – assuming dilution (in usd per share) $ 1.22 $ 0.84 $ 2.77 $ 2.02
Restricted Stock [Member]
       
Less dividends paid:        
Weighted-average common shares outstanding (in shares) 2 3 2 3
Earnings per common share from continuing operations:        
Distributed earnings (in usd per share) $ 0.25 $ 0.20 $ 0.50 $ 0.40
Undistributed earnings (in usd per share) $ 0.98 $ 0.65 $ 2.28 $ 1.63
Total earnings per common share from continuing operations (in usd per share) $ 1.23 $ 0.85 $ 2.78 $ 2.03
Earnings per common share from continuing operations – assuming dilution:        
Weighted-average common shares outstanding (in shares) 2 3 2 3