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Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating revenues $ 21,330us-gaap_RefiningAndMarketingRevenue $ 33,663us-gaap_RefiningAndMarketingRevenue
Costs and expenses:    
Cost of sales 18,163us-gaap_RefiningAndMarketingCosts 30,630us-gaap_RefiningAndMarketingCosts
Operating expenses:    
Refining 964vlo_RefiningOperatingCostsAndExpenses 972vlo_RefiningOperatingCostsAndExpenses
Ethanol 120vlo_EthanolOperatingCostsAndExpenses 129vlo_EthanolOperatingCostsAndExpenses
General and administrative expenses 147us-gaap_GeneralAndAdministrativeExpense 160us-gaap_GeneralAndAdministrativeExpense
Depreciation and amortization expense 441us-gaap_DepreciationDepletionAndAmortization 421us-gaap_DepreciationDepletionAndAmortization
Total costs and expenses 19,835us-gaap_CostsAndExpenses 32,312us-gaap_CostsAndExpenses
Operating income 1,495us-gaap_OperatingIncomeLoss 1,351us-gaap_OperatingIncomeLoss
Other income, net 24us-gaap_OtherNonoperatingIncomeExpense 15us-gaap_OtherNonoperatingIncomeExpense
Interest and debt expense, net of capitalized interest (101)us-gaap_InterestExpense (100)us-gaap_InterestExpense
Income from continuing operations before income tax expense 1,418us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1,266us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense 450us-gaap_IncomeTaxExpenseBenefit 429us-gaap_IncomeTaxExpenseBenefit
Income from continuing operations 968us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 837us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Loss from discontinued operations 0us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax (1)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
Net income 968us-gaap_ProfitLoss 836us-gaap_ProfitLoss
Less: Net income attributable to noncontrolling interests 4us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 8us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Valero Energy Corporation stockholders 964us-gaap_NetIncomeLoss 828us-gaap_NetIncomeLoss
Net income attributable to Valero Energy Corporation stockholders:    
Continuing operations 964us-gaap_IncomeLossFromContinuingOperations 829us-gaap_IncomeLossFromContinuingOperations
Discontinued operations 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity (1)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income attributable to Valero Energy Corporation stockholders $ 964us-gaap_NetIncomeLoss $ 828us-gaap_NetIncomeLoss
Earnings per common share:    
Continuing operations $ 1.87us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.55us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Discontinued operations $ 0.00us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $ 0.00us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
Total $ 1.87us-gaap_EarningsPerShareBasic $ 1.55us-gaap_EarningsPerShareBasic
Weighted-average common shares outstanding (in millions) 513us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 531us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Earnings per common share – assuming dilution:    
Continuing operations $ 1.87us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.54us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Discontinued operations $ 0.00us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare $ 0.00us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
Total $ 1.87us-gaap_EarningsPerShareDiluted $ 1.54us-gaap_EarningsPerShareDiluted
Weighted-average common shares outstanding – assuming dilution (in millions) 516us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 536us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Dividends per common share $ 0.40us-gaap_CommonStockDividendsPerShareCashPaid $ 0.25us-gaap_CommonStockDividendsPerShareCashPaid