2009 Q4 Form 10-K Financial Statement

#000103500211000013 Filed on February 25, 2011

View on sec.gov

Income Statement

Concept 2009 Q4 2009 Q3 2009 Q2
Revenue $17.88B $16.01B $17.38B
YoY Change 0.29% -47.88% -52.58%
Cost Of Revenue $16.91B $13.58B $17.16B
YoY Change 4.23% -52.66% -51.23%
Gross Profit $973.0M $2.430B $220.0M
YoY Change -39.45% 19.7% -84.98%
Gross Profit Margin 5.44% 15.18% 1.27%
Selling, General & Admin $138.0M $167.0M $122.0M
YoY Change 0.0% -1.18% 4.27%
% of Gross Profit 14.18% 6.87% 55.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $371.0M $389.0M $389.0M
YoY Change 0.27% 5.14% 5.42%
% of Gross Profit 38.13% 16.01% 176.82%
Operating Expenses $1.076B $2.564B $293.0M
YoY Change 229.05% 2274.07% -4.56%
Operating Profit -$103.0M -$134.0M -$73.00M
YoY Change -108.05% -106.97% -106.3%
Interest Expense -$115.0M -$137.0M -$84.00M
YoY Change 40.24% 61.18% 1.2%
% of Operating Profit
Other Income/Expense, Net $33.00M $8.000M -$23.00M
YoY Change -21.43% -77.78% -253.33%
Pretax Income -$217.0M -$312.0M -$299.0M
YoY Change -92.33% -116.66% -127.43%
Income Tax -$86.00M $3.000M -$108.0M
% Of Pretax Income
Net Earnings -$1.408B -$629.0M -$254.0M
YoY Change -57.05% -154.6% -134.6%
Net Earnings / Revenue -7.87% -3.93% -1.46%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.51 -$1.12 -$0.48
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2009 Q4 2009 Q3 2009 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $825.0M $1.605B $1.623B
YoY Change -12.23% -41.99% -1.28%
Cash & Equivalents $825.0M $1.605B $1.623B
Short-Term Investments
Other Short-Term Assets $853.0M $680.0M $745.0M
YoY Change 6.89% 9.85% -24.21%
Inventory $4.578B $4.576B $4.561B
Prepaid Expenses
Receivables $3.779B $3.923B $4.217B
Other Receivables $887.0M $81.00M $27.00M
Total Short-Term Assets $10.92B $10.87B $11.17B
YoY Change 15.58% -26.72% -26.74%
LONG-TERM ASSETS
Property, Plant & Equipment $21.62B $24.23B $24.28B
YoY Change 0.91% 6.54% 9.02%
Goodwill
YoY Change
Intangibles $227.0M
YoY Change
Long-Term Investments $1.461B
YoY Change
Other Assets $1.347B $1.480B $1.543B
YoY Change -59.45% -23.28% -15.31%
Total Long-Term Assets $24.65B $25.94B $26.05B
YoY Change -1.27% -10.49% -8.29%
TOTAL ASSETS
Total Short-Term Assets $10.92B $10.87B $11.17B
Total Long-Term Assets $24.65B $25.94B $26.05B
Total Assets $35.57B $36.81B $37.22B
YoY Change 3.36% -15.98% -14.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.825B $5.756B $5.840B
YoY Change 34.74% -41.98% -46.73%
Accrued Expenses $641.0M $1.300B $907.0M
YoY Change -33.37% 25.73% -10.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $237.0M $213.0M $137.0M
YoY Change -24.04% 0.95% -35.38%
Total Short-Term Liabilities $7.809B $7.757B $7.324B
YoY Change 25.77% -34.1% -43.0%
LONG-TERM LIABILITIES
Long-Term Debt $7.163B $7.162B $7.231B
YoY Change 14.35% 14.34% 15.46%
Other Long-Term Liabilities $1.869B $2.124B $2.154B
YoY Change -25.09% 18.79% 21.01%
Total Long-Term Liabilities $1.869B $9.286B $9.385B
YoY Change -78.66% 15.33% 16.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.809B $7.757B $7.324B
Total Long-Term Liabilities $1.869B $9.286B $9.385B
Total Liabilities $9.678B $20.92B $20.81B
YoY Change -48.51% -13.19% -16.66%
SHAREHOLDERS EQUITY
Retained Earnings $13.18B
YoY Change
Common Stock $7.903B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.721B
YoY Change
Treasury Stock Shares 108.8M shares
Shareholders Equity $14.73B $15.89B $16.41B
YoY Change
Total Liabilities & Shareholders Equity $35.57B $36.81B $37.22B
YoY Change 3.36% -15.98% -14.74%

Cashflow Statement

Concept 2009 Q4 2009 Q3 2009 Q2
OPERATING ACTIVITIES
Net Income -$1.408B -$629.0M -$254.0M
YoY Change -57.05% -154.6% -134.6%
Depreciation, Depletion And Amortization $371.0M $389.0M $389.0M
YoY Change 0.27% 5.14% 5.42%
Cash From Operating Activities -$117.0M $533.0M $626.0M
YoY Change -72.47% -68.98% -46.68%
INVESTING ACTIVITIES
Capital Expenditures -$486.0M -$469.0M -$616.0M
YoY Change -51.35% -34.5% -3.9%
Acquisitions
YoY Change
Other Investing Activities -$123.0M -$40.00M -$649.0M
YoY Change 7.89% -114.08% 930.16%
Cash From Investing Activities -$609.0M -$509.0M -$1.265B
YoY Change -45.28% 17.82% 79.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -54.00M -85.00M 514.0M
YoY Change -79.62% -42.18% -302.36%
NET CHANGE
Cash From Operating Activities -117.0M 533.0M 626.0M
Cash From Investing Activities -609.0M -509.0M -1.265B
Cash From Financing Activities -54.00M -85.00M 514.0M
Net Change In Cash -780.0M -61.00M -125.0M
YoY Change -56.74% -105.36% -157.87%
FREE CASH FLOW
Cash From Operating Activities -$117.0M $533.0M $626.0M
Capital Expenditures -$486.0M -$469.0M -$616.0M
Free Cash Flow $369.0M $1.002B $1.242B
YoY Change -35.71% -58.83% -31.57%

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CY2010 us-gaap Goodwill Impairment Loss
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CY2010 us-gaap Increase Decrease In Accounts Payable
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CY2009 us-gaap Increase Decrease In Accounts Payable
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CY2010 dei Entity Voluntary Filers
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70
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CY2010 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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20000000 USD
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CY2009 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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103000000 USD
CY2009 us-gaap Income Tax Examination Penalties And Interest Expense
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CY2010 us-gaap Income Tax Examination Penalties And Interest Expense
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CY2008 vlo Foreign Currency Translation
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CY2010 vlo Foreign Currency Translation
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CY2009 vlo Foreign Currency Translation
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200000000 USD
CY2010Q4 us-gaap Deferred Tax Assets Valuation Allowance
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270000000 USD
CY2008 us-gaap Gain Loss On Sale Of Investments
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CY2010 us-gaap Gain Loss On Sale Of Investments
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CY2009 us-gaap Gain Loss On Sale Of Investments
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0 USD
CY2010Q4 us-gaap Gain Loss On Sale Of Investments
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CY2010Q4 us-gaap Debt Instrument Fair Value
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CY2009Q4 us-gaap Debt Instrument Fair Value
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CY2009Q4 us-gaap Income Taxes Receivable
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CY2010Q4 vlo Entity Wide Disclosure On Geographic Areas Long Lived Assets In Entity
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CY2010Q4 vlo Debt Maturities Repayments Of Principal In Year Four
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209000000 USD
CY2010Q4 us-gaap Derivative Asset Not Designated As Hedging Instrument Fair Value
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CY2009Q4 us-gaap Derivative Asset Not Designated As Hedging Instrument Fair Value
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CY2008 us-gaap Depreciation Amortization And Accretion Net
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CY2009Q4 us-gaap Derivative Liability Not Designated As Hedging Instrument Fair Value
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CY2009Q4 vlo Entity Wide Disclosure On Geographic Areas Long Lived Assets In Entity
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CY2009 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2010 dei Document Fiscal Period Focus
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CY2010 dei Entity Filer Category
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CY2008 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
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CY2010Q4 vlo Loss Contingency Pending Claims Number Involving Parent
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CY2008 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
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CY2010 vlo Exchange Rate Of Aruban Florin To One Us Dollar
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CY2010 vlo Number Of Quarterly Installments For Remaining Receivables Related To Settlement Of Earn Out Agreement
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8
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CY2010Q4 vlo Debt Maturities Repayments Of Principal In Year Three
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CY2009Q4 us-gaap Common Stock Shares Issued
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CY2010Q4 vlo Number Of Refineries Owned By Company
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14
CY2010 dei Entity Central Index Key
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CY2009Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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3300000000 USD
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4300000000 USD
CY2010Q4 us-gaap Crude Oil And Natural Gas Liquids
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210000000 USD
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CY2010 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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40000000 USD
CY2010Q4 vlo Combined Capacity Of Ethanol
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218000000 USD
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CY2010Q4 us-gaap Taxes Payable Current
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0 USD
CY2010Q4 us-gaap Long Term Debt
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CY2009Q4 us-gaap Long Term Debt
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CY2009Q4 vlo Receivables Gross
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6000000 USD
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CY2009Q4 vlo Assets Held For Sale And Assets Of Discontinued Operation Current
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289000000 USD
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46
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CY2010 us-gaap Operating Leases Rent Expense Minimum Rentals
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485000000 USD
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500000000 USD
CY2010 us-gaap Defined Benefit Plan Target Allocation Percentage Of Assets Equity Securities
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0.7
CY2009 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.0750
CY2010 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.0746
CY2010Q4 vlo Debt Maturities Repayments Of Principal After Year Five
DebtMaturitiesRepaymentsOfPrincipalAfterYearFive
5605000000 USD
CY2010Q4 vlo Gain Loss On Sale Of Investments Net Of Tax
GainLossOnSaleOfInvestmentsNetOfTax
36000000 USD
CY2009 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
668000000 USD
CY2010 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-545000000 USD
CY2008 us-gaap Increase Decrease In Income Taxes Receivable
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197000000 USD
CY2009Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
152000000 USD
CY2010Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
170000000 USD
CY2008 us-gaap Other Deferred Cost Amortization Expense
OtherDeferredCostAmortizationExpense
384000000 USD
CY2010 us-gaap Other Deferred Cost Amortization Expense
OtherDeferredCostAmortizationExpense
383000000 USD
CY2009 us-gaap Cash Dividends Paid To Parent Company By Consolidated Subsidiaries
CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries
0 USD
CY2008 us-gaap Cash Dividends Paid To Parent Company By Consolidated Subsidiaries
CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries
0 USD
CY2010Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1089000000 USD
CY2009Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1104000000 USD
CY2010Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
-192000000 USD
CY2009Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
-221000000 USD
CY2009Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
33000000 USD
CY2010Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 USD
CY2010 vlo Combined Total Throughput Capacity Of Petroleum Refining
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2600000
CY2010 us-gaap Future Amortization Expense Year Five
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17000000 USD
CY2009Q4 vlo Deferred Tax Liabilities Inventories
DeferredTaxLiabilitiesInventories
399000000 USD
CY2010Q4 vlo Deferred Tax Liabilities Inventories
DeferredTaxLiabilitiesInventories
260000000 USD
CY2009Q3 vlo Settlement Of Earn Out Agreement
SettlementOfEarnOutAgreement
35000000 USD
CY2010 vlo Maximum Years In Which Underground Storage Tanks Remain In Service At Owned Retail Location
MaximumYearsInWhichUndergroundStorageTanksRemainInServiceAtOwnedRetailLocation
25
CY2010 us-gaap Defined Benefit Plan Estimated Future Employer Contributions In Next Fiscal Year Description
DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYearDescription
no
CY2009Q4 us-gaap Treasury Stock Value
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6721000000 USD
CY2010Q4 us-gaap Treasury Stock Value
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6462000000 USD
CY2010 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Tax
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62000000 USD
CY2008 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Tax
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-36000000 USD
CY2009 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Tax
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72000000 USD
CY2010Q4 us-gaap Capital Leases Future Minimum Payments Due Current
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7000000 USD
CY2009Q4 vlo Derivative Collateral Obligation To Return Cash
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64000000 USD
CY2010 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-107000000 USD
CY2009 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-56000000 USD
CY2008 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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107000000 USD
CY2010Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
44000000 USD
CY2009Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
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81000000 USD
CY2010Q4 vlo Fair Value Assets Measured On Recurring Basis Nonqualified Benefit Plans
FairValueAssetsMeasuredOnRecurringBasisNonqualifiedBenefitPlans
114000000 USD
CY2009Q4 vlo Fair Value Assets Measured On Recurring Basis Nonqualified Benefit Plans
FairValueAssetsMeasuredOnRecurringBasisNonqualifiedBenefitPlans
109000000 USD
CY2007Q4 vlo Common Stock Purchase Program
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6000000000 USD
CY2009 us-gaap Asset Retirement Obligation Foreign Currency Translation
AssetRetirementObligationForeignCurrencyTranslation
0 USD
CY2010 us-gaap Asset Retirement Obligation Foreign Currency Translation
AssetRetirementObligationForeignCurrencyTranslation
0 USD
CY2008 us-gaap Asset Retirement Obligation Foreign Currency Translation
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-1000000 USD
CY2010Q4 us-gaap Accrual For Environmental Loss Contingencies
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268000000 USD
CY2008Q4 us-gaap Accrual For Environmental Loss Contingencies
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297000000 USD
CY2007Q4 us-gaap Accrual For Environmental Loss Contingencies
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285000000 USD
CY2009Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
279000000 USD
CY2010 vlo Number Of Vesting Tranches Remaining To Be Granted Under Performance Awards Issued
NumberOfVestingTranchesRemainingToBeGrantedUnderPerformanceAwardsIssued
two
CY2010Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
0 USD
CY2009Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5270000000 USD
CY2010Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6252000000 USD
CY2010 us-gaap Commitments And Contingencies2009
CommitmentsAndContingencies2009
CY2009 us-gaap Commitments And Contingencies2009
CommitmentsAndContingencies2009
CY2009Q4 us-gaap Assets Held For Sale Long Lived
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1461000000 USD
CY2010Q4 us-gaap Assets Held For Sale Long Lived
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0 USD
CY2009Q4 vlo Accrual For Taxes Other Than Income Taxes Including Ad Valorem Excise Sales And Use And Payroll
AccrualForTaxesOtherThanIncomeTaxesIncludingAdValoremExciseSalesAndUseAndPayroll
725000000 USD
CY2010Q4 vlo Accrual For Taxes Other Than Income Taxes Including Ad Valorem Excise Sales And Use And Payroll
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671000000 USD
CY2010 us-gaap Interest Paid Net
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457000000 USD
CY2008 us-gaap Interest Paid Net
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351000000 USD
CY2009 us-gaap Interest Paid Net
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390000000 USD
CY2010Q4 us-gaap Defined Benefit Plan Estimated Future Employer Contributions In Next Fiscal Year
DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear
100000000 USD
CY2009Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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304000000 USD
CY2010Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
286000000 USD
CY2009 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
-14000000 USD
CY2010 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
-7000000 USD
CY2008 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
-3000000 USD
CY2010Q4 vlo Derivative Collateral Right To Reclaim Cash Offset
DerivativeCollateralRightToReclaimCashOffset
403000000 USD
CY2009Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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825000000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3334000000 USD
CY2007Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2464000000 USD
CY2008Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
940000000 USD
CY2010Q4 vlo Net Book Value
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980000000 USD
CY2009Q4 us-gaap Inventory Raw Materials And Supplies
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176000000 USD
CY2010Q4 us-gaap Inventory Raw Materials And Supplies
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187000000 USD
CY2010 dei Document Type
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10-K
CY2010 us-gaap Other Tax Expense Benefit
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16000000 USD
CY2009Q4 us-gaap Segment Reporting Entity Consolidated Assets
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35572000000 USD
CY2010Q4 us-gaap Segment Reporting Entity Consolidated Assets
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37621000000 USD
CY2010 us-gaap Gain Loss From Hedged Firm Commitment Not Qualifying As Fair Value Hedge Net
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0 USD
CY2009 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-35000000 USD
CY2010 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-23000000 USD
CY2008 us-gaap Payments For Proceeds From Other Investing Activities
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-17000000 USD
CY2008 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
21000000 USD
CY2009 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
24000000 USD
CY2010 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
19000000 USD
CY2009 us-gaap Payments To Acquire Businesses Gross
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556000000 USD
CY2010 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
260000000 USD
CY2008 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
CY2010 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1730000000 USD
CY2008 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
2893000000 USD
CY2009 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
2306000000 USD
CY2009Q4 us-gaap Liabilities Current
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7809000000 USD
CY2010Q4 us-gaap Liabilities Current
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8784000000 USD
CY2010Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
434000000 USD
CY2009Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
426000000 USD
CY2009 us-gaap Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities Other
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-2000000 USD
CY2008 us-gaap Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities Other
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther
-76000000 USD
CY2010 us-gaap Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities Other
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3000000 USD
CY2010Q4 us-gaap Derivative Asset Designated As Hedging Instrument Fair Value
DerivativeAssetDesignatedAsHedgingInstrumentFairValue
206000000 USD
CY2009Q4 us-gaap Derivative Asset Designated As Hedging Instrument Fair Value
DerivativeAssetDesignatedAsHedgingInstrumentFairValue
929000000 USD
CY2010Q4 us-gaap Capital Leased Assets Gross
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59000000 USD
CY2009Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
55000000 USD
CY2010Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
54000000 USD
CY2009Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
44000000 USD
CY2010Q4 us-gaap Derivative Liability Designated As Hedging Instrument Fair Value
DerivativeLiabilityDesignatedAsHedgingInstrumentFairValue
254000000 USD
CY2009Q4 us-gaap Derivative Liability Designated As Hedging Instrument Fair Value
DerivativeLiabilityDesignatedAsHedgingInstrumentFairValue
744000000 USD
CY2010 us-gaap Increase Decrease In Other Operating Capital Net
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59000000 USD
CY2009 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
173000000 USD
CY2008 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
145000000 USD
CY2008 us-gaap Proceeds From Issuance Of Common Stock
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0 USD
CY2010 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2009 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
799000000 USD
CY2008 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
152000000 USD
CY2009 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
-52000000 USD
CY2010 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
-117000000 USD
CY2010Q4 us-gaap Accrued Insurance Noncurrent
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80000000 USD
CY2009Q4 us-gaap Accrued Insurance Noncurrent
AccruedInsuranceNoncurrent
84000000 USD
CY2008 vlo Reclassification To Cost Of Sales From Operating Expenses
ReclassificationToCostOfSalesFromOperatingExpenses
92000000 USD
CY2009 vlo Reclassification To Cost Of Sales From Operating Expenses
ReclassificationToCostOfSalesFromOperatingExpenses
76000000 USD
CY2010 vlo Return Of Investment
ReturnOfInvestment
0 USD
CY2009 vlo Return Of Investment
ReturnOfInvestment
0 USD
CY2008 vlo Return Of Investment
ReturnOfInvestment
0 USD
CY2010Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
104000000 USD
CY2008 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-47000000 USD
CY2010 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
53000000 USD
CY2009 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
65000000 USD
CY2010Q4 us-gaap Deferred Tax Assets Other
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184000000 USD
CY2009Q4 us-gaap Deferred Tax Assets Other
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234000000 USD
CY2009Q4 us-gaap Common Stock Shares Authorized
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1200000000 shares
CY2010Q4 us-gaap Common Stock Shares Authorized
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1200000000 shares
CY2010Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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324000000 USD
CY2010 us-gaap Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 USD
CY2008 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0 USD
CY2010 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-34000000 USD
CY2009 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0 USD
CY2010Q4 vlo Fair Value Liabilities Measured On Recurring Basis Certain Nonqualified Benefit Plans
FairValueLiabilitiesMeasuredOnRecurringBasisCertainNonqualifiedBenefitPlans
36000000 USD
CY2009Q4 vlo Fair Value Liabilities Measured On Recurring Basis Certain Nonqualified Benefit Plans
FairValueLiabilitiesMeasuredOnRecurringBasisCertainNonqualifiedBenefitPlans
34000000 USD
CY2009 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
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CY2008 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
227000000 USD
CY2010 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
5000000 USD
CY2010Q4 vlo Eligible Receivables Sold To Third Party Entities And Financial Institutions
EligibleReceivablesSoldToThirdPartyEntitiesAndFinancialInstitutions
100000000 USD
CY2009Q4 vlo Eligible Receivables Sold To Third Party Entities And Financial Institutions
EligibleReceivablesSoldToThirdPartyEntitiesAndFinancialInstitutions
200000000 USD
CY2010 us-gaap Operating Leases Rent Expense Contingent Rentals
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23000000 USD
CY2008 us-gaap Operating Leases Rent Expense Contingent Rentals
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23000000 USD
CY2009 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
21000000 USD
CY2010Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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388000000 USD
CY2009Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
365000000 USD
CY2007Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
573000000 USD
CY2008Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-176000000 USD
CY2009Q4 vlo Redemption Value Percentage Of Stated Value
RedemptionValuePercentageOfStatedValue
1
CY2010Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
182000000 USD
CY2009Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
25000000 USD
CY2010Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
40000000 USD
CY2009Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
41000000 USD
CY2009 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
46000000 shares
CY2010Q4 us-gaap Derivative Liabilities Noncurrent
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0 USD
CY2009Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
0 USD
CY2009Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
56000000 USD
CY2010Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
64000000 USD
CY2010 vlo Number Of Employees Covered By Employee Benefit Plans
NumberOfEmployeesCoveredByEmployeeBenefitPlans
substantially all
CY2009 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
28000000 USD
CY2010 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
14000000 USD
CY2008 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
43000000 USD
CY2010Q4 us-gaap Additional Paid In Capital Common Stock
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7704000000 USD
CY2009Q4 us-gaap Additional Paid In Capital Common Stock
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7896000000 USD
CY2009Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0675
CY2009 us-gaap Net Income Loss
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-1982000000 USD
CY2010 us-gaap Net Income Loss
NetIncomeLoss
324000000 USD
CY2008 us-gaap Net Income Loss
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-1131000000 USD
CY2010Q1 us-gaap Net Income Loss
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-113000000 USD
CY2010Q2 us-gaap Net Income Loss
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583000000 USD
CY2009Q1 us-gaap Net Income Loss
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309000000 USD
CY2009Q3 us-gaap Net Income Loss
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-629000000 USD
CY2010Q3 us-gaap Net Income Loss
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292000000 USD
CY2010Q4 us-gaap Net Income Loss
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-438000000 USD
CY2009Q2 us-gaap Net Income Loss
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-254000000 USD
CY2009Q4 us-gaap Net Income Loss
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-1408000000 USD
CY2009 us-gaap Defined Contribution Plan Cost Recognized
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0 USD
CY2008 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
0 USD
CY2010 vlo Period Of Estimated Undiscounted Future Costs Resulted Inenvironmental Liabilities
PeriodOfEstimatedUndiscountedFutureCostsResultedInenvironmentalLiabilities
20
CY2010Q4 us-gaap Accrued Income Taxes Current
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3000000 USD
CY2009Q4 us-gaap Accrued Income Taxes Current
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95000000 USD
CY2009 us-gaap Net Cash Provided By Used In Investing Activities
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-3292000000 USD
CY2008 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2965000000 USD
CY2010 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1405000000 USD
CY2008 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
2500000 shares
CY2009 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
2700000 shares
CY2010 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
4400000 shares
CY2009 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
998000000 USD
CY2008 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
0 USD
CY2010 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
1544000000 USD
CY2010Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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353000000 USD
CY2009Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
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17000000 USD
CY2010Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
22000000 USD
CY2008 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
9000000 USD
CY2010 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
11000000 USD
CY2009 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
5000000 USD
CY2009Q4 us-gaap Derivative Liabilities Current
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109000000 USD
CY2010Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
39000000 USD
CY2009Q4 us-gaap Property Plant And Equipment Fair Value Disclosure
PropertyPlantAndEquipmentFairValueDisclosure
16000000 USD
CY2010 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4000000 USD
CY2008 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
5000000 USD
CY2009 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1000000 USD
CY2010Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
231000000 USD
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249000000 USD
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0 USD
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CY2010Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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136000000 USD
CY2009Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
155000000 USD
CY2008 vlo Fees Related To Accounts Receivable Sales Facility
FeesRelatedToAccountsReceivableSalesFacility
6000000 USD
CY2009 vlo Fees Related To Accounts Receivable Sales Facility
FeesRelatedToAccountsReceivableSalesFacility
8000000 USD
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FeesRelatedToAccountsReceivableSalesFacility
8000000 USD
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0 USD
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0 USD
CY2009 us-gaap Finite Lived Intangible Assets Amortization Expense
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25000000 USD
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FiniteLivedIntangibleAssetsAmortizationExpense
22000000 USD
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0 USD
CY2010 us-gaap Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
0 USD
CY2009 us-gaap Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
21000000 USD
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0 USD
CY2009 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
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PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
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0 USD
CY2009Q4 us-gaap Due To Affiliate Noncurrent
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0 USD
CY2010Q4 us-gaap Deferred Tax Liabilities
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5416000000 USD
CY2009Q4 us-gaap Deferred Tax Liabilities
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4983000000 USD
CY2010Q4 us-gaap Employee Related Liabilities Current
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172000000 USD
CY2009Q4 us-gaap Employee Related Liabilities Current
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105000000 USD
CY2010 vlo Maximum Maturity Period Of Temporary Cash Investments
MaximumMaturityPeriodOfTemporaryCashInvestments
3
CY2010Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
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85000000 USD
CY2009Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
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85000000 USD
CY2010Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
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5000000 USD
CY2008 us-gaap Payments To Acquire Other Productive Assets
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144000000 USD
CY2009 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
29000000 USD
CY2010 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
0 USD
CY2010 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
1000000 USD
CY2010Q4 vlo Debt Maturities Repayments Of Principal In Year Two
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759000000 USD
CY2010Q4 us-gaap Other Noncurrent Liabilities
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208000000 USD
CY2009Q4 us-gaap Other Noncurrent Liabilities
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184000000 USD
CY2009Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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241000000 USD
CY2010Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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265000000 USD
CY2008 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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29000000 USD
CY2009 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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-1062000000 USD
CY2010 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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-370000000 USD
CY2010 us-gaap Proceeds From Contributions From Parent
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0 USD
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ProceedsFromContributionsFromParent
0 USD
CY2008 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
CY2010 vlo Number Of Retail And Wholesale Branded Outlets Through Which Refined Products Are Marketed
NumberOfRetailAndWholesaleBrandedOutletsThroughWhichRefinedProductsAreMarketed
5800
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0.05
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0.0500
CY2010 us-gaap Proceeds From Sale Of Investment Projects
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330000000 USD
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0 USD
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ProceedsFromSaleOfInvestmentProjects
0 USD
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330000000 USD
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EffectOfLIFOInventoryLiquidationOnIncome
66000000 USD
CY2008 us-gaap Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
0 USD
CY2009Q4 vlo Other Long Term Tax Liabilities
OtherLongTermTaxLiabilities
103000000 USD
CY2010Q4 vlo Other Long Term Tax Liabilities
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106000000 USD
CY2010Q4 us-gaap Fair Value Liabilities Measured On Recurring Basis Derivative Financial Instruments Liabilities
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39000000 USD
CY2009Q4 us-gaap Fair Value Liabilities Measured On Recurring Basis Derivative Financial Instruments Liabilities
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109000000 USD
CY2011Q1 dei Entity Common Stock Shares Outstanding
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568971156 shares
CY2010Q4 us-gaap Operating Leases Future Minimum Payments Due
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1263000000 USD
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238000000 USD
CY2010Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
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228000000 USD
CY2009Q4 us-gaap Commodity Contract Asset Current
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183000000 USD
CY2010Q4 us-gaap Commodity Contract Asset Current
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144000000 USD
CY2010Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
3326000000 USD
CY2009Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
4658000000 USD
CY2009 us-gaap Repayments Of Other Debt
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850000000 USD
CY2008 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
0 USD
CY2010 us-gaap Repayments Of Other Debt
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1325000000 USD
CY2009Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2008Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2010Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2008 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.16
CY2010 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.57
CY2009 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.67
CY2009Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.48
CY2010Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.20
CY2010Q4 vlo Approvals Under Stock Purchase Programs
ApprovalsUnderStockPurchasePrograms
3500000000 USD
CY2010Q4 us-gaap Assets
Assets
37621000000 USD
CY2009Q4 us-gaap Assets
Assets
35572000000 USD
CY2010 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
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CY2008 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
305000000 USD
CY2009 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
0 USD
CY2009Q4 us-gaap Accrued Insurance Current
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0 USD
CY2010Q4 us-gaap Accrued Insurance Current
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0 USD
CY2009 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
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-1000000 USD
CY2010 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
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-4000000 USD
CY2008 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
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-1000000 USD
CY2007Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
70000000 USD
CY2009Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
179000000 USD
CY2010Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
101000000 USD
CY2008Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
72000000 USD
CY2010Q4 us-gaap Deferred Tax Liabilities Deferred Expense Other Capitalized Costs
DeferredTaxLiabilitiesDeferredExpenseOtherCapitalizedCosts
256000000 USD
CY2009Q4 us-gaap Deferred Tax Liabilities Deferred Expense Other Capitalized Costs
DeferredTaxLiabilitiesDeferredExpenseOtherCapitalizedCosts
212000000 USD
CY2009Q4 vlo Gain Loss On Redemption Included In Other Income Expense
GainLossOnRedemptionIncludedInOtherIncomeExpense
6000000 USD
CY2010 dei Document Period End Date
DocumentPeriodEndDate
2010-12-31
CY2009 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-343000000 USD
CY2008 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
675000000 USD
CY2010 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
347000000 USD
CY2009Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.51
CY2009Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.12
CY2010Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.03
CY2010Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2010Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.77
CY2009Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.59
CY2010Q4 vlo Debt Maturities Repayments Of Principal In Year Five
DebtMaturitiesRepaymentsOfPrincipalInYearFive
484000000 USD
CY2009Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
103000000 USD
CY2010Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
20000000 USD
CY2010Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
81000000 USD
CY2009Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
76000000 USD
CY2008 vlo Lease And Rental Expense Net
LeaseAndRentalExpenseNet
519000000 USD
CY2010 vlo Lease And Rental Expense Net
LeaseAndRentalExpenseNet
505000000 USD
CY2009 vlo Lease And Rental Expense Net
LeaseAndRentalExpenseNet
536000000 USD
CY2010Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
237000000 USD
CY2010Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
37000000 USD
CY2009Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
36000000 USD
CY2009Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
7400000000 USD
CY2010Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
8337000000 USD
CY2010Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
18000000 USD
vlo Quarterly Earn Out Payments
QuarterlyEarnOutPayments
2200000 USD
CY2009Q3 us-gaap Payments For Proceeds From Derivatives
PaymentsForProceedsFromDerivatives
175000000 USD
CY2009Q4 us-gaap Payments For Proceeds From Derivatives
PaymentsForProceedsFromDerivatives
105000000 USD
CY2010Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 USD
CY2009Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 USD

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