Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Operating revenues (a)	[1]	$ 15,714	$ 21,330
Costs and expenses:
Cost of sales (excluding the lower of cost or market inventory valuation adjustment)		13,507	18,163
Lower of cost or market inventory valuation adjustment		(293)	0
Operating expenses		1,030	1,084
General and administrative expenses		156	147
Depreciation and amortization expense		485	441
Total costs and expenses		14,885	19,835
Operating income		829	1,495
Other income, net		9	24
Interest and debt expense, net of capitalized interest		(108)	(101)
Income before income tax expense		730	1,418
Income tax expense		217	450
Net income		513	968
Less: Net income attributable to noncontrolling interests		18	4
Net income attributable to Valero Energy Corporation stockholders		$ 495	$ 964
Earnings per common share		$ 1.05	$ 1.87
Weighted-average common shares outstanding (in millions)		469	513
Earnings per common share – assuming dilution		$ 1.05	$ 1.87
Weighted-average common shares outstanding – assuming dilution (in millions)		471	516
Dividends per common share		$ 0.60	$ 0.40

[1] Includes excise taxes on sales by certain of our international operations of $1,395 million and $1,426 million for the three months ended March 31, 2016 and 2015, respectively.