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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 8,647 8,415       8,415   232
Dividends on common stock (1,186) (1,186)       (1,186)    
Stock-based compensation expense 60 60   60        
Transactions in connection with stock-based compensation plans 2 2   (29) 31      
Purchases of common stock for treasury (2,820) (2,820)     (2,820)      
Contributions from noncontrolling interests 240             240
Distributions to noncontrolling interests (93)             (93)
Other comprehensive income (loss) (952) (989)         (989) 37
Balance as of end of period at Sep. 30, 2022 23,715 21,912 7 6,858 (18,466) 35,510 (1,997) 1,803
Balance as of beginning of period at Jun. 30, 2022 22,733 20,969 7 6,845 (17,537) 33,079 (1,425) 1,764
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income 2,912 2,817       2,817   95
Dividends on common stock (386) (386)       (386)    
Stock-based compensation expense 13 13   13        
Transactions in connection with stock-based compensation plans (1) (1)     (1)      
Purchases of common stock for treasury (928) (928)     (928)      
Distributions to noncontrolling interests (90)             (90)
Other comprehensive income (loss) (538) (572)         (572) 34
Balance as of end of period at Sep. 30, 2022 23,715 21,912 7 6,858 (18,466) 35,510 (1,997) 1,803
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 7,931 7,633       7,633   298
Dividends on common stock (1,106) (1,106)       (1,106)    
Stock-based compensation expense 68 68   68        
Transactions in connection with stock-based compensation plans 7 7   (31) 38      
Purchases of common stock for treasury (4,222) (4,222)     (4,222)      
Contributions from noncontrolling interests 75             75
Distributions to noncontrolling interests (164)             (164)
Other comprehensive income (loss) 0 34         34 (34)
Balance as of end of period at Sep. 30, 2023 28,057 25,975 7 6,900 (24,381) 44,774 (1,325) 2,082
Balance as of beginning of period at Jun. 30, 2023 27,994 25,851 7 6,889 (22,586) 42,512 (971) 2,143
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income 2,663 2,622       2,622   41
Dividends on common stock (360) (360)       (360)    
Stock-based compensation expense 15 15   15        
Transactions in connection with stock-based compensation plans 6 6   (4) 10      
Purchases of common stock for treasury (1,805) (1,805)     (1,805)      
Distributions to noncontrolling interests (63)             (63)
Other comprehensive income (loss) (393) (354)         (354) (39)
Balance as of end of period at Sep. 30, 2023 $ 28,057 $ 25,975 $ 7 $ 6,900 $ (24,381) $ 44,774 $ (1,325) $ 2,082