Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 5,075	$ 4,862
Receivables, net	10,888	11,919
Inventories	6,961	6,752
Prepaid expenses and other	771	600
Total current assets	23,695	24,133
Property, plant, and equipment, at cost	51,125	50,576
Accumulated depreciation	(20,555)	(19,598)
Property, plant, and equipment, net	30,570	30,978
Deferred charges and other assets, net	6,402	5,871
Total assets	60,667	60,982
Current liabilities:
Current portion of debt and finance lease obligations	1,193	1,109
Accounts payable	10,825	12,728
Accrued expenses	1,117	1,215
Taxes other than income taxes payable	1,491	1,568
Income taxes payable	322	841
Total current liabilities	14,948	17,461
Debt and finance lease obligations, less current portion	10,130	10,526
Deferred income tax liabilities	5,382	5,217
Other long-term liabilities	2,213	2,310
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	6,889	6,863
Treasury stock, at cost; 320,378,393 and 301,372,958 common shares	(22,586)	(20,197)
Retained earnings	42,512	38,247
Accumulated other comprehensive loss	(971)	(1,359)
Total Valero Energy Corporation stockholders’ equity	25,851	23,561
Noncontrolling interests	2,143	1,907
Total equity	27,994	25,468
Total liabilities and equity	$ 60,667	$ 60,982