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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 2,137 $ 2,982
Receivables, net 7,994 7,345
Inventories 6,376 6,532
Prepaid expenses and other 526 816
Total current assets 17,033 17,675
Property, plant, and equipment, at cost 43,539 42,473
Accumulated depreciation (14,649) (13,625)
Property, plant, and equipment, net 28,890 28,848
Deferred charges and other assets, net 5,306 3,632
Total assets 51,229 50,155
Current liabilities:    
Current portion of debt and finance lease obligations 402 238
Accounts payable 9,504 8,594
Accrued expenses 881 630
Taxes other than income taxes payable 1,175 1,213
Income taxes payable 168 49
Total current liabilities 12,130 10,724
Debt and finance lease obligations, less current portion 9,170 8,871
Deferred income tax liabilities 4,920 4,962
Other long-term liabilities 3,421 2,867
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 6,818 7,048
Treasury stock, at cost; 262,691,943 and 255,905,051 common shares (15,472) (14,925)
Retained earnings 31,283 31,044
Accumulated other comprehensive loss (1,529) (1,507)
Total Valero Energy Corporation stockholders’ equity 21,107 21,667
Noncontrolling interests 481 1,064
Total equity 21,588 22,731
Total liabilities and equity $ 51,229 $ 50,155