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Earnings (Loss) Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Earnings (loss) per common share:        
Net income (loss) attributable to Valero stockholders $ 2,817 $ 463 $ 8,415 $ (79)
Less: Income allocated to participating securities 11 1 31 4
Net income (loss) available to common stockholders $ 2,806 $ 462 $ 8,384 $ (83)
Weighted-average common shares outstanding (in shares) 390 407 400 407
Earnings (loss) per common share (in dollars per share) $ 7.20 $ 1.13 $ 20.94 $ (0.20)
Earnings (loss) per common share – assuming dilution:        
Net income (loss) attributable to Valero stockholders $ 2,817 $ 463 $ 8,415 $ (79)
Less: Income allocated to participating securities 11 1 31 4
Net income (loss) available to common stockholders $ 2,806 $ 462 $ 8,384 $ (83)
Weighted-average common shares outstanding (in shares) 390 407 400 407
Effect of dilutive securities (in shares) 0 1 1 0
Weighted-average common shares outstanding – assuming dilution (in shares) 390 408 401 407
Earnings (loss) per common share – assuming dilution (in dollars per share) $ 7.19 $ 1.13 $ 20.93 $ (0.20)