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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 4,537 $ 4,657
Receivables, net 11,073 10,708
Inventories 7,538 7,761
Prepaid expenses and other 656 611
Total current assets 23,804 23,737
Property, plant, and equipment, at cost 49,701 52,368
Accumulated depreciation (21,465) (23,054)
Property, plant, and equipment, net 28,236 29,314
Deferred charges and other assets, net 7,393 7,092
Total assets 59,433 60,143
Current liabilities:    
Current portion of debt and finance lease obligations 382 743
Accounts payable 11,499 12,092
Accrued expenses 1,288 1,130
Taxes other than income taxes payable 1,451 1,360
Income taxes payable 57 170
Total current liabilities 14,677 15,495
Debt and finance lease obligations, less current portion 10,265 9,720
Deferred income tax liabilities 5,048 5,267
Other long-term liabilities 2,496 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 6,956 6,939
Treasury stock, at cost; 362,847,666 and 358,637,890 common shares (28,757) (28,178)
Retained earnings 46,425 47,016
Accumulated other comprehensive loss (553) (1,272)
Total Valero Energy Corporation stockholders’ equity 24,078 24,512
Noncontrolling interests 2,869 3,009
Total equity 26,947 27,521
Total liabilities and equity $ 59,433 $ 60,143