Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule of earnings (loss) per common share, basic and diluted

Earnings per common share was computed as follows (dollars and shares in millions, except per share amounts):

	Year Ended December 31,
	2024		2023		2022
Earnings per common share:
Net income attributable to Valero stockholders	$	2,770	$	8,835	$	11,528
Less: Income allocated to participating securities	8		27		43
Net income available to common stockholders	$	2,762	$	8,808	$	11,485
Weighted-average common shares outstanding	322		353		395
Earnings per common share	$	8.58	$	24.93	$	29.05
Earnings per common share – assuming dilution:
Net income attributable to Valero stockholders	$	2,770	$	8,835	$	11,528
Less: Income allocated to participating securities	8		27		43
Net income available to common stockholders	$	2,762	$	8,808	$	11,485
Weighted-average common shares outstanding	322		353		395
Effect of dilutive securities	—		—		1
Weighted-average common shares outstanding – assuming dilution	322		353		396
Earnings per common share – assuming dilution	$	8.58	$	24.92	$	29.04