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Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
[1]
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Earnings per common share:                      
Net income attributable to Valero stockholders $ 952 $ 856 $ 845 $ 469 $ 2,371 $ 841 $ 548 $ 305 $ 3,122 $ 4,065 $ 2,289
Less income allocated to participating securities                 9 14 7
Net income available to common shareholders                 $ 3,113 $ 4,051 $ 2,282
Weighted-average common shares outstanding (shares)                 426 442 461
Earnings per common share (in usd per share)                 $ 7.30 $ 9.17 $ 4.94
Earnings per common share – assuming dilution:                      
Net income attributable to Valero stockholders $ 952 $ 856 $ 845 $ 469 $ 2,371 $ 841 $ 548 $ 305 $ 3,122 $ 4,065 $ 2,289
Weighted-average common shares outstanding (shares)                 426 442 461
Effect of dilutive securities (shares)                 2 2 3
Weighted-average common shares outstanding – assuming dilution (shares)                 428 444 464
Earnings per common share – assuming dilution (in usd per share)                 $ 7.29 $ 9.16 $ 4.94
[1] During the quarter ended December 31, 2017, we recognized an income tax benefit of $1.9 billion related to Tax Reform as described in Note 15.