Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 2,254	$ 3,313
Receivables, net	9,014	6,109
Inventories	5,881	6,038
Prepaid expenses and other	442	384
Total current assets	17,591	15,844
Property, plant, and equipment, at cost	47,370	46,967
Accumulated depreciation	(16,991)	(16,578)
Property, plant, and equipment, net	30,379	30,389
Deferred charges and other assets, net	5,644	5,541
Total assets	53,614	51,774
Current liabilities:
Current portion of debt and finance lease obligations	734	723
Accounts payable	9,113	6,082
Accrued expenses	1,087	994
Taxes other than income taxes payable	1,233	1,372
Income taxes payable	140	112
Total current liabilities	12,307	9,283
Debt and finance lease obligations, less current portion	13,930	13,954
Deferred income tax liabilities	5,034	5,275
Other long-term liabilities	3,616	3,620
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	6,810	6,814
Treasury stock, at cost; 264,741,072 and 265,096,171 common shares	(15,700)	(15,719)
Retained earnings	27,849	28,953
Accumulated other comprehensive loss	(1,165)	(1,254)
Total Valero Energy Corporation stockholders’ equity	17,801	18,801
Noncontrolling interests	926	841
Total equity	18,727	19,642
Total liabilities and equity	$ 53,614	$ 51,774