Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 5,733	$ 4,688
Receivables, net	13,410	9,877
Inventories	7,556	7,591
Prepaid expenses and other	1,126	1,054
Total current assets	27,825	23,210
Property, plant, and equipment, at cost	50,012	50,091
Accumulated depreciation	(22,899)	(22,474)
Property, plant, and equipment, net	27,113	27,617
Deferred charges and other assets, net	7,204	7,161
Total assets	62,142	57,988
Current liabilities:
Current portion of debt and finance lease obligations	1,026	949
Accounts payable	13,403	10,139
Accrued expenses	1,313	1,403
Taxes other than income taxes payable	1,426	1,550
Income taxes payable	484	68
Total current liabilities	17,652	14,109
Debt and finance lease obligations, less current portion	10,465	9,670
Deferred income tax liabilities	4,725	5,146
Other long-term liabilities	2,366	2,458
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	7,002	6,981
Treasury stock, at cost; 376,566,299 and 374,561,457 common shares	(31,290)	(30,753)
Retained earnings	48,863	47,959
Accumulated other comprehensive loss	(712)	(469)
Total Valero Energy Corporation stockholders’ equity	23,870	23,725
Noncontrolling interests	3,064	2,880
Total equity	26,934	26,605
Total liabilities and equity	$ 62,142	$ 57,988