Consolidated Statements of Income (unaudited) - USD ($) shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2026	Mar. 31, 2025
Revenues	[1]	$ 32,381	$ 30,258
Cost of sales:
Cost of materials and other		26,185	26,048
Taxes other than income taxes		1,721	1,500
Operating expenses (excluding depreciation and amortization expense reflected below)		1,595	1,523
Depreciation and amortization expense		828	680
Total cost of sales		30,329	29,751
Asset impairment loss		0	1,131
Other operating expenses		24	4
General and administrative expenses (excluding depreciation and amortization expense reflected below)		285	261
Depreciation and amortization expense		12	11
Operating income (loss)		1,731	(900)
Other income, net		132	120
Interest and debt expense, net of capitalized interest		(140)	(137)
Income (loss) before income tax expense (benefit)		1,723	(917)
Income tax expense (benefit)		401	(265)
Net income (loss)		1,322	(652)
Less: Net income (loss) attributable to noncontrolling interests		59	(57)
Net income (loss) attributable to Valero Energy Corporation stockholders		$ 1,263	$ (595)
Earnings (loss) per common share (in dollars per share)		$ 4.22	$ (1.90)
Weighted-average common shares outstanding (in shares)		298	314
Earnings (loss) per common share – assuming dilution (in dollars per share)		$ 4.22	$ (1.90)
Weighted-average common shares outstanding – assuming dilution (in shares)		298	314
Supplemental information:
Includes excise taxes on sales by certain of our foreign operations		$ 1,725	$ 1,504

[1] Includes excise taxes on sales by certain of our foreign operations of $1,725 million and $1,504 million for the three months ended March 31, 2026 and 2025, respectively.