Consolidated Statements of Income (unaudited) - USD ($) shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues	[1]	$ 44,454	$ 29,520	$ 134,637	$ 78,074
Cost of sales:
Cost of materials and other	[2]	38,064	26,624	115,959	70,865
Operating expenses (excluding depreciation and amortization expense reflected below)		1,746	1,348	4,751	4,218
Depreciation and amortization expense		621	630	1,806	1,772
Total cost of sales		40,431	28,602	122,516	76,855
Other operating expenses		6	19	40	69
General and administrative expenses (excluding depreciation and amortization expense reflected below)		214	195	652	579
Depreciation and amortization expense		11	11	34	35
Operating income		3,792	693	11,395	536
Other income, net		74	32	87	179
Interest and debt expense, net of capitalized interest		(138)	(152)	(425)	(451)
Income before income tax expense		3,728	573	11,057	264
Income tax expense		816	65	2,410	86
Net income		2,912	508	8,647	178
Less: Net income attributable to noncontrolling interests		95	45	232	257
Net income (loss) attributable to Valero Energy Corporation stockholders		$ 2,817	$ 463	$ 8,415	$ (79)
Earnings (loss) per common share (in dollars per share)		$ 7.20	$ 1.13	$ 20.94	$ (0.20)
Weighted-average common shares outstanding (in shares)		390	407	400	407
Earnings (loss) per common share – assuming dilution (in dollars per share)		$ 7.19	$ 1.13	$ 20.93	$ (0.20)
Weighted-average common shares outstanding – assuming dilution (in shares)		390	408	401	407
Supplemental information:
Includes excise taxes on sales by certain of our foreign operations		$ 1,213	$ 1,610	$ 3,890	$ 4,152

[1] Includes excise taxes on sales by certain of our foreign operations of $1,213 million and $1,610 million for the three months ended September 30, 2022 and 2021, respectively, and $3,890 million and $4,152 million for the nine months ended September 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 $191 million and $62 million for the three months ended September 30, 2022 and 2021, respectively, and $545 million and $225 million for the nine months ended September 30, 2022 and 2021, respectively.