Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and temporary cash investments	$ 4,114	$ 3,689
Receivables, net	4,464	5,879
Inventories	5,898	6,623
Income taxes receivable	218	97
Deferred income taxes	74	162
Prepaid expenses and other	204	164
Total current assets	14,972	16,614
Property, plant, and equipment, at cost	36,907	35,933
Accumulated depreciation	(10,204)	(9,198)
Property, plant, and equipment, net	26,703	26,735
Deferred charges and other assets, net	2,668	2,201
Total assets	44,343	45,550
Current liabilities:
Current portion of debt and capital lease obligations	127	606
Accounts payable	4,907	6,760
Accrued expenses	554	596
Taxes other than income taxes	1,069	1,209
Income taxes payable	337	433
Deferred income taxes	366	376
Total current liabilities	7,360	9,980
Debt and capital lease obligations, less current portion	7,250	5,780
Deferred income taxes	6,768	6,607
Other long-term liabilities	$ 1,611	$ 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	7,064	7,116
Treasury stock, at cost; 200,462,208 and 159,202,872 common shares	(10,799)	(8,125)
Retained earnings	25,188	22,046
Accumulated other comprehensive loss	(933)	(367)
Total Valero Energy Corporation stockholders’ equity	20,527	20,677
Noncontrolling interests	827	567
Total equity	21,354	21,244
Total liabilities and equity	$ 44,343	$ 45,550