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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and temporary cash investments $ 5,176 $ 4,816
Receivables, net 5,959 5,901
Inventories 6,137 5,709
Prepaid expenses and other 170 374
Total current assets 17,442 16,800
Property, plant, and equipment, at cost 39,527 37,733
Accumulated depreciation (12,253) (11,261)
Property, plant, and equipment, net 27,274 26,472
Deferred charges and other assets, net 3,272 2,901
Total assets 47,988 46,173
Current liabilities:    
Current portion of debt and capital lease obligations 121 115
Accounts payable 6,677 6,357
Accrued expenses 817 694
Taxes other than income taxes payable 1,223 1,084
Income taxes payable 292 78
Total current liabilities 9,130 8,328
Debt and capital lease obligations, less current portion 8,364 7,886
Deferred income taxes 7,362 7,361
Other long-term liabilities 1,908 1,744
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 7,060 7,088
Treasury stock, at cost; 235,534,764 and 222,000,024 common shares (12,939) (12,027)
Retained earnings 27,135 26,366
Accumulated other comprehensive loss (893) (1,410)
Total Valero Energy Corporation stockholders’ equity 20,370 20,024
Noncontrolling interests 854 830
Total equity 21,224 20,854
Total liabilities and equity $ 47,988 $ 46,173