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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 3,551 $ 5,850
Receivables, net 8,249 6,922
Inventories 7,501 6,384
Prepaid expenses and other 590 156
Total current assets 19,891 19,312
Property, plant, and equipment, at cost 41,841 40,010
Accumulated depreciation (13,413) (12,530)
Property, plant, and equipment, net 28,428 27,480
Deferred charges and other assets, net 3,575 3,366
Total assets 51,894 50,158
Current liabilities:    
Current portion of debt and capital lease obligations 199 122
Accounts payable 10,224 8,348
Accrued expenses 553 712
Taxes other than income taxes payable 1,275 1,321
Income taxes payable 231 568
Total current liabilities 12,482 11,071
Debt and capital lease obligations, less current portion 8,877 8,750
Deferred income tax liabilities 4,725 4,708
Other long-term liabilities 2,850 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 7,042 7,039
Treasury stock, at cost; 248,855,313 and 239,603,534 common shares (14,334) (13,315)
Retained earnings 30,430 29,200
Accumulated other comprehensive loss (1,235) (940)
Total Valero Energy Corporation stockholders’ equity 21,910 21,991
Noncontrolling interests 1,050 909
Total equity 22,960 22,900
Total liabilities and equity $ 51,894 $ 50,158