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Consolidated Statements of Equity (unaudited) - USD ($)
$ in Millions
Total
Valero Energy Corporation Stockholders' Equity [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Loss [Member]
Non-controlling Interests [Member]
Balance as of beginning of period at Dec. 31, 2021 $ 19,817 $ 18,430 $ 7 $ 6,827 $ (15,677) $ 28,281 $ (1,008) $ 1,387
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income 5,735 5,598       5,598   137
Dividends on common stock (800) (800)       (800)    
Stock-based compensation expense 47 47   47        
Transactions in connection with stock-based compensation plans 3 3   (29) 32      
Purchases of common stock for treasury (1,892) (1,892)     (1,892)      
Contributions from noncontrolling interests 240             240
Distributions to noncontrolling interests (3)             (3)
Other comprehensive income (loss) (414) (417)         (417) 3
Balance as of end of period at Jun. 30, 2022 22,733 20,969 7 6,845 (17,537) 33,079 (1,425) 1,764
Balance as of beginning of period at Mar. 31, 2022 20,410 18,821 7 6,832 (15,794) 28,785 (1,009) 1,589
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income 4,768 4,693       4,693   75
Dividends on common stock (399) (399)       (399)    
Stock-based compensation expense 15 15   15        
Transactions in connection with stock-based compensation plans 3 3   (2) 5      
Purchases of common stock for treasury (1,748) (1,748)     (1,748)      
Contributions from noncontrolling interests 75             75
Distributions to noncontrolling interests (1)             (1)
Other comprehensive income (loss) (390) (416)         (416) 26
Balance as of end of period at Jun. 30, 2022 22,733 20,969 7 6,845 (17,537) 33,079 (1,425) 1,764
Balance as of beginning of period at Dec. 31, 2022 25,468 23,561 7 6,863 (20,197) 38,247 (1,359) 1,907
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income 5,268 5,011       5,011   257
Dividends on common stock (746) (746)       (746)    
Stock-based compensation expense 53 53   53        
Transactions in connection with stock-based compensation plans 1 1   (27) 28      
Purchases of common stock for treasury (2,417) (2,417)     (2,417)      
Contributions from noncontrolling interests 75             75
Distributions to noncontrolling interests (101)             (101)
Other comprehensive income (loss) 393 388         388 5
Balance as of end of period at Jun. 30, 2023 27,994 25,851 7 6,889 (22,586) 42,512 (971) 2,143
Balance as of beginning of period at Mar. 31, 2023 27,067 24,977 7 6,877 (21,637) 40,935 (1,205) 2,090
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income 2,122 1,944       1,944   178
Dividends on common stock (367) (367)       (367)    
Stock-based compensation expense 14 14   14        
Transactions in connection with stock-based compensation plans 0     (2) 2      
Purchases of common stock for treasury (951) (951)     (951)      
Distributions to noncontrolling interests (101)             (101)
Other comprehensive income (loss) 210 234         234 (24)
Balance as of end of period at Jun. 30, 2023 $ 27,994 $ 25,851 $ 7 $ 6,889 $ (22,586) $ 42,512 $ (971) $ 2,143