Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues	[1]	$ 176,383	$ 113,977	$ 64,912
Cost of sales:
Cost of materials and other	[2]	150,770	102,714	58,933
Lower of cost or market (LCM) inventory valuation adjustment		0	0	(19)
Operating expenses (excluding depreciation and amortization expense reflected below)		6,389	5,776	4,435
Depreciation and amortization expense		2,428	2,358	2,303
Total cost of sales		159,587	110,848	65,652
Asset impairment loss		61	0	0
Other operating expenses		66	87	35
General and administrative expenses (excluding depreciation and amortization expense reflected below)		934	865	756
Depreciation and amortization expense		45	47	48
Operating income (loss)		15,690	2,130	(1,579)
Other income, net		179	16	132
Interest and debt expense, net of capitalized interest		(562)	(603)	(563)
Income (loss) before income tax expense (benefit)		15,307	1,543	(2,010)
Income tax expense (benefit)		3,428	255	(903)
Net income (loss)		11,879	1,288	(1,107)
Less: Net income attributable to noncontrolling interests		351	358	314
Net income (loss) attributable to Valero Energy Corporation stockholders		$ 11,528	$ 930	$ (1,421)
Earnings (loss) per common share (in usd per share)		$ 29.05	$ 2.27	$ (3.50)
Weighted-average common shares outstanding (shares)		395	407	407
Earnings (loss) per common share – assuming dilution (in usd per share)		$ 29.04	$ 2.27	$ (3.50)
Weighted-average common shares outstanding – assuming dilution (shares)		396	407	407
Supplemental information:
Includes excise taxes on sales by certain of our foreign operations		$ 5,194	$ 5,645	$ 4,797

[1] Includes excise taxes on sales by certain of our foreign operations of $5,194 million, $5,645 million, and $4,797 million for the years ended December 31, 2022, 2021, and 2020.

[2] Cost of materials and other for our Renewable Diesel segment is net of the blender’s tax credit on qualified fuel mixtures of $761 million, $371 million, and $288 million for the years ended December 31, 2022, 2021, and 2020, respectively.