XML 12 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 4,451 $ 5,850
Receivables, net 7,535 6,922
Inventories 6,420 6,384
Prepaid expenses and other 542 156
Total current assets 18,948 19,312
Property, plant, and equipment, at cost 41,266 40,010
Accumulated depreciation (13,086) (12,530)
Property, plant, and equipment, net 28,180 27,480
Deferred charges and other assets, net 3,550 3,366
Total assets 50,678 50,158
Current liabilities:    
Current portion of debt and capital lease obligations 183 122
Accounts payable 8,963 8,348
Accrued expenses 641 712
Taxes other than income taxes payable 1,334 1,321
Income taxes payable 220 568
Total current liabilities 11,341 11,071
Debt and capital lease obligations, less current portion 8,876 8,750
Deferred income tax liabilities 4,760 4,708
Other long-term liabilities 2,897 2,729
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 7,032 7,039
Treasury stock, at cost; 245,078,683 and 239,603,534 common shares (13,923) (13,315)
Retained earnings 29,915 29,200
Accumulated other comprehensive loss (1,262) (940)
Total Valero Energy Corporation stockholders’ equity 21,769 21,991
Noncontrolling interests 1,035 909
Total equity 22,804 22,900
Total liabilities and equity $ 50,678 $ 50,158