Consolidated Statements of Income (unaudited) - USD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenues	[1]	$ 34,490	$ 34,509	$ 66,249	$ 70,948
Cost of sales:
Cost of materials and other	[2]	30,943	29,430	58,625	59,435
Operating expenses (excluding depreciation and amortization expense reflected below)		1,424	1,440	2,835	2,917
Depreciation and amortization expense		684	658	1,367	1,308
Total cost of sales		33,051	31,528	62,827	63,660
Other operating expenses		3	2	37	12
General and administrative expenses (excluding depreciation and amortization expense reflected below)		203	209	461	453
Depreciation and amortization expense		12	11	24	21
Operating income		1,221	2,759	2,900	6,802
Other income, net		122	106	266	235
Interest and debt expense, net of capitalized interest		(140)	(148)	(280)	(294)
Income before income tax expense		1,203	2,717	2,886	6,743
Income tax expense		277	595	630	1,475
Net income		926	2,122	2,256	5,268
Less: Net income attributable to noncontrolling interests		46	178	131	257
Net income attributable to Valero Energy Corporation stockholders		$ 880	$ 1,944	$ 2,125	$ 5,011
Earnings per common share (in dollars per share)		$ 2.71	$ 5.41	$ 6.47	$ 13.75
Weighted-average common shares outstanding (in shares)		324	358	327	363
Earnings per common share – assuming dilution (in dollars per share)		$ 2.71	$ 5.40	$ 6.47	$ 13.74
Weighted-average common shares outstanding – assuming dilution (in shares)		324	358	327	363
Supplemental information:
Includes excise taxes on sales by certain of our foreign operations		$ 1,456	$ 1,449	$ 2,843	$ 2,871

[1] Includes excise taxes on sales by certain of our foreign operations of $1,456 million and $1,449 million for the three months ended June 30, 2024 and 2023, respectively, and $2,843 million and $2,871 million for the six months ended June 30, 2024 and 2023, respectively.

[2] Cost of materials and other for our Renewable Diesel segment is net of the blender’s tax credit on qualified fuel mixtures of $308 million and $388 million for the three months ended June 30, 2024 and 2023, respectively, and $639 million and $634 million for the six months ended June 30, 2024 and 2023, respectively.