Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 5,424	$ 4,862
Receivables, net	12,525	11,919
Inventories	7,583	6,752
Prepaid expenses and other	689	600
Total current assets	26,221	24,133
Property, plant, and equipment, at cost	51,668	50,576
Accumulated depreciation	(21,459)	(19,598)
Property, plant, and equipment, net	30,209	30,978
Deferred charges and other assets, net	6,626	5,871
Total assets	63,056	60,982
Current liabilities:
Current portion of debt and finance lease obligations	1,406	1,109
Accounts payable	12,567	12,728
Accrued expenses	1,240	1,215
Taxes other than income taxes payable	1,452	1,568
Income taxes payable	137	841
Total current liabilities	16,802	17,461
Debt and finance lease obligations, less current portion	10,118	10,526
Deferred income tax liabilities	5,349	5,217
Other long-term liabilities	2,263	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	6,901	6,863
Treasury stock, at cost; 340,199,677 and 301,372,958 common shares	(25,322)	(20,197)
Retained earnings	45,630	38,247
Accumulated other comprehensive loss	(870)	(1,359)
Total Valero Energy Corporation stockholders’ equity	26,346	23,561
Noncontrolling interests	2,178	1,907
Total equity	28,524	25,468
Total liabilities and equity	$ 63,056	$ 60,982