Consolidated Statements of Income (unaudited) - USD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues	[1]	$ 51,641	$ 27,748	$ 90,183	$ 48,554
Cost of sales:
Cost of materials and other	[2]	42,946	25,249	77,895	44,241
Operating expenses (excluding depreciation and amortization expense reflected below)		1,626	1,214	3,005	2,870
Depreciation and amortization expense		590	576	1,185	1,142
Total cost of sales		45,162	27,039	82,085	48,253
Other operating expenses		15	12	34	50
General and administrative expenses (excluding depreciation and amortization expense reflected below)		233	176	438	384
Depreciation and amortization expense		12	12	23	24
Operating income (loss)		6,219	509	7,603	(157)
Other income, net		33	102	13	147
Interest and debt expense, net of capitalized interest		(142)	(150)	(287)	(299)
Income (loss) before income tax expense		6,110	461	7,329	(309)
Income tax expense		1,342	169	1,594	21
Net income (loss)		4,768	292	5,735	(330)
Less: Net income attributable to noncontrolling interests		75	130	137	212
Net income (loss) attributable to Valero Energy Corporation stockholders		$ 4,693	$ 162	$ 5,598	$ (542)
Earnings (loss) per common share (in dollars per share)		$ 11.58	$ 0.39	$ 13.75	$ (1.34)
Weighted-average common shares outstanding (in shares)		404	407	406	407
Earnings (loss) per common share – assuming dilution (in dollars per share)		$ 11.57	$ 0.39	$ 13.74	$ (1.34)
Weighted-average common shares outstanding – assuming dilution (in shares)		404	407	406	407
Supplemental information:
Includes excise taxes on sales by certain of our foreign operations		$ 1,254	$ 1,422	$ 2,677	$ 2,542

[1] Includes excise taxes on sales by certain of our foreign operations of $1,254 million and $1,422 million for the three months ended June 30, 2022 and 2021, respectively, and $2,677 million and $2,542 million for the six months ended June 30, 2022 and 2021, respectively.

[2] Cost of materials and other for our Renewable Diesel segment is net of the blender’s tax credit on qualified fuel mixtures of $198 million and $84 million for the three months ended June 30, 2022 and 2021, respectively, and $354 million and $163 million for the six months ended June 30, 2022 and 2021, respectively.