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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and temporary cash investments $ 5,764 $ 3,689
Receivables, net 5,799 5,879
Inventories 6,618 6,623
Income taxes receivable 13 97
Deferred income taxes 141 162
Prepaid expenses and other 157 164
Total current assets 18,492 16,614
Property, plant, and equipment, at cost 36,444 35,933
Accumulated depreciation (9,710) (9,198)
Property, plant, and equipment, net 26,734 26,735
Deferred charges and other assets, net 2,373 2,201
Total assets 47,599 45,550
Current liabilities:    
Current portion of debt and capital lease obligations 150 606
Accounts payable 7,315 6,760
Accrued expenses 529 596
Taxes other than income taxes 1,207 1,209
Income taxes payable 349 433
Deferred income taxes 315 376
Total current liabilities 9,865 9,980
Debt and capital lease obligations, less current portion 7,199 5,780
Deferred income taxes 6,640 6,607
Other long-term liabilities $ 1,889 $ 1,939
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 7,076 7,116
Treasury stock, at cost; 173,777,130 and 159,202,872 common shares (9,054) (8,125)
Retained earnings 23,953 22,046
Accumulated other comprehensive loss (529) (367)
Total Valero Energy Corporation stockholders’ equity 21,453 20,677
Noncontrolling interests 553 567
Total equity 22,006 21,244
Total liabilities and equity $ 47,599 $ 45,550