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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 5,184 $ 5,424
Receivables, net 11,073 12,525
Inventories 7,048 7,583
Prepaid expenses and other 671 689
Total current assets 23,976 26,221
Property, plant, and equipment, at cost 52,424 51,668
Accumulated depreciation (22,743) (21,459)
Property, plant, and equipment, net 29,681 30,209
Deferred charges and other assets, net 6,725 6,626
Total assets 60,382 63,056
Current liabilities:    
Current portion of debt and finance lease obligations 1,016 1,406
Accounts payable 11,516 12,567
Accrued expenses 1,190 1,240
Taxes other than income taxes payable 1,400 1,452
Income taxes payable 176 137
Total current liabilities 15,298 16,802
Debt and finance lease obligations, less current portion 9,790 10,118
Deferred income tax liabilities 5,263 5,349
Other long-term liabilities 2,031 2,263
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 6,940 6,901
Treasury stock, at cost; 356,916,683 and 340,199,677 common shares (27,938) (25,322)
Retained earnings 47,074 45,630
Accumulated other comprehensive loss (830) (870)
Total Valero Energy Corporation stockholders’ equity 25,253 26,346
Noncontrolling interests 2,747 2,178
Total equity 28,000 28,524
Total liabilities and equity $ 60,382 $ 63,056