XML 108 R91.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Less dividends paid:      
Weighted-average common shares outstanding (in millions) (shares) 442 461 497
Earnings per common share – assuming dilution:      
Weighted-average common shares outstanding (in millions) (shares) 442 461 497
Weighted-average common shares outstanding – assuming dilution (in millions) (shares) 444 464 500
Common Class A [Member]      
Earnings per common share from continuing operations:      
Net income attributable to Valero stockholders $ 4,065 $ 2,289 $ 3,990
Less dividends paid:      
Common stock 1,238 1,108 845
Participating securities 4 3 3
Undistributed earnings $ 2,823 $ 1,178 $ 3,142
Weighted-average common shares outstanding (in millions) (shares) 442 461 497
Earnings per common share:      
Distributed earnings (in usd per share) $ 2.80 $ 2.40 $ 1.70
Undistributed earnings (in usd per share) 6.37 2.54 6.30
Total earnings per common share (in usd per share) $ 9.17 $ 4.94 $ 8.00
Earnings per common share – assuming dilution:      
Net income attributable to Valero stockholders $ 4,065 $ 2,289 $ 3,990
Weighted-average common shares outstanding (in millions) (shares) 442 461 497
Weighted-average common equivalent shares outstanding (in millions) (shares) 2 3 3
Weighted-average common shares outstanding – assuming dilution (in millions) (shares) 444 464 500
Earnings per common share – assuming dilution (in usd per share) $ 9.16 $ 4.94 $ 7.99
Participating Securities [Member]      
Less dividends paid:      
Weighted-average common shares outstanding (in millions) (shares) 2 1 2
Earnings per common share:      
Distributed earnings (in usd per share) $ 2.80 $ 2.40 $ 1.70
Undistributed earnings (in usd per share) 6.37 2.54 6.30
Total earnings per common share (in usd per share) $ 9.17 $ 4.94 $ 8.00
Earnings per common share – assuming dilution:      
Weighted-average common shares outstanding (in millions) (shares) 2 1 2