Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 4,634	$ 4,657
Receivables, net	11,238	10,708
Inventories	7,119	7,761
Prepaid expenses and other	599	611
Total current assets	23,590	23,737
Property, plant, and equipment, at cost	49,293	52,368
Accumulated depreciation	(20,744)	(23,054)
Property, plant, and equipment, net	28,549	29,314
Deferred charges and other assets, net	7,038	7,092
Total assets	59,177	60,143
Current liabilities:
Current portion of debt and finance lease obligations	542	743
Accounts payable	11,982	12,092
Accrued expenses	1,153	1,130
Taxes other than income taxes payable	1,299	1,360
Income taxes payable	167	170
Total current liabilities	15,143	15,495
Debt and finance lease obligations, less current portion	10,312	9,720
Deferred income tax liabilities	4,951	5,267
Other long-term liabilities	2,456	2,140
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	6,944	6,939
Treasury stock, at cost; 360,304,072 and 358,637,890 common shares	(28,417)	(28,178)
Retained earnings	46,065	47,016
Accumulated other comprehensive loss	(1,109)	(1,272)
Total Valero Energy Corporation stockholders’ equity	23,490	24,512
Noncontrolling interests	2,825	3,009
Total equity	26,315	27,521
Total liabilities and equity	$ 59,177	$ 60,143