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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 3,572 $ 3,313
Receivables, net 9,132 6,109
Inventories 6,103 6,038
Prepaid expenses and other 565 384
Total current assets 19,372 15,844
Property, plant, and equipment, at cost 47,852 46,967
Accumulated depreciation (17,391) (16,578)
Property, plant, and equipment, net 30,461 30,389
Deferred charges and other assets, net 5,623 5,541
Total assets 55,456 51,774
Current liabilities:    
Current portion of debt and finance lease obligations 1,044 723
Accounts payable 10,168 6,082
Accrued expenses 1,286 994
Taxes other than income taxes payable 1,537 1,372
Income taxes payable 179 112
Total current liabilities 14,214 9,283
Debt and finance lease obligations, less current portion 13,636 13,954
Deferred income tax liabilities 5,142 5,275
Other long-term liabilities 3,760 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 6,819 6,814
Treasury stock, at cost; 264,676,548 and 265,096,171 common shares (15,696) (15,719)
Retained earnings 27,610 28,953
Accumulated other comprehensive loss (1,089) (1,254)
Total Valero Energy Corporation stockholders’ equity 17,651 18,801
Noncontrolling interests 1,053 841
Total equity 18,704 19,642
Total liabilities and equity $ 55,456 $ 51,774