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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and temporary cash investments $ 5,301 $ 3,689
Receivables, net 4,691 5,879
Inventories 6,557 6,623
Income taxes receivable 7 97
Deferred income taxes 98 162
Prepaid expenses and other 173 164
Total current assets 16,827 16,614
Property, plant, and equipment, at cost 36,645 35,933
Accumulated depreciation (9,957) (9,198)
Property, plant, and equipment, net 26,688 26,735
Deferred charges and other assets, net 2,310 2,201
Total assets 45,825 45,550
Current liabilities:    
Current portion of debt and capital lease obligations 129 606
Accounts payable 5,679 6,760
Accrued expenses 595 596
Taxes other than income taxes 1,113 1,209
Income taxes payable 386 433
Deferred income taxes 387 376
Total current liabilities 8,289 9,980
Debt and capital lease obligations, less current portion 7,252 5,780
Deferred income taxes 6,656 6,607
Other long-term liabilities $ 1,760 $ 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 7,074 7,116
Treasury stock, at cost; 190,478,467 and 159,202,872 common shares (10,095) (8,125)
Retained earnings 25,130 22,046
Accumulated other comprehensive loss (795) (367)
Total Valero Energy Corporation stockholders’ equity 21,321 20,677
Noncontrolling interests 547 567
Total equity 21,868 21,244
Total liabilities and equity $ 45,825 $ 45,550