Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 4,122	$ 3,313
Receivables, net	10,378	6,109
Inventories	6,265	6,038
Prepaid expenses and other	400	384
Total current assets	21,165	15,844
Property, plant, and equipment, at cost	49,072	46,967
Accumulated depreciation	(18,225)	(16,578)
Property, plant, and equipment, net	30,847	30,389
Deferred charges and other assets, net	5,876	5,541
Total assets	57,888	51,774
Current liabilities:
Current portion of debt and finance lease obligations	1,264	723
Accounts payable	12,495	6,082
Accrued expenses	1,253	994
Taxes other than income taxes payable	1,461	1,372
Income taxes payable	378	112
Total current liabilities	16,851	9,283
Debt and finance lease obligations, less current portion	12,606	13,954
Deferred income tax liabilities	5,210	5,275
Other long-term liabilities	3,404	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	6,827	6,814
Treasury stock, at cost; 264,305,955 and 265,096,171 common shares	(15,677)	(15,719)
Retained earnings	28,281	28,953
Accumulated other comprehensive loss	(1,008)	(1,254)
Total Valero Energy Corporation stockholders’ equity	18,430	18,801
Noncontrolling interests	1,387	841
Total equity	19,817	19,642
Total liabilities and equity	$ 57,888	$ 51,774