$VLO
VALERO ENERGY CORP/TX

2011 Q1 Form 10-Q Financial Statement

#000103500211000035 Filed on May 09, 2011

View on sec.gov

Income Statement

Concept 2011 Q1 2010 Q1
Revenue $26.31B $18.49B
YoY Change 42.26% 38.75%
Cost Of Revenue $24.93B $17.40B
YoY Change 43.33% 40.3%
Gross Profit $1.375B $1.097B
YoY Change 25.34% 18.08%
Gross Profit Margin 5.23% 5.93%
Selling, General & Admin $292.0M $249.0M
YoY Change 17.27% 71.72%
% of Gross Profit 21.24% 22.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $365.0M $340.0M
YoY Change 7.35% -10.05%
% of Gross Profit 26.55% 30.99%
Operating Expenses $292.0M $249.0M
YoY Change 17.27% -20.7%
Operating Profit $244.0M $4.000M
YoY Change 6000.0% -99.35%
Interest Expense $144.0M $147.0M
YoY Change -2.04% -283.75%
% of Operating Profit 59.02% 3675.0%
Other Income/Expense, Net $17.00M $11.00M
YoY Change 54.55% -1200.0%
Pretax Income $144.0M -$112.0M
YoY Change -228.57% -121.88%
Income Tax $40.00M -$32.00M
% Of Pretax Income 27.78%
Net Earnings $98.00M -$113.0M
YoY Change -186.73% -136.57%
Net Earnings / Revenue 0.37% -0.61%
Basic Earnings Per Share $0.17 -$0.14
Diluted Earnings Per Share $0.17 -$0.20
COMMON SHARES
Basic Shares Outstanding 566.0M shares 562.0M shares
Diluted Shares Outstanding 573.0M shares 562.0M shares

Balance Sheet

Concept 2011 Q1 2010 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.133B $1.887B
YoY Change 119.02% 10.03%
Cash & Equivalents $4.133B $1.887B
Short-Term Investments
Other Short-Term Assets $411.0M $704.0M
YoY Change -41.62% -16.39%
Inventory $4.338B $4.724B
Prepaid Expenses
Receivables $5.858B $3.947B
Other Receivables $316.0M $58.00M
Total Short-Term Assets $15.06B $11.32B
YoY Change 33.0% 8.14%
LONG-TERM ASSETS
Property, Plant & Equipment $22.90B $23.34B
YoY Change -1.89% -0.84%
Goodwill
YoY Change
Intangibles $225.0M
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.416B $1.584B
YoY Change -10.61% 1.34%
Total Long-Term Assets $24.54B $25.15B
YoY Change -2.42% -0.64%
TOTAL ASSETS
Total Short-Term Assets $15.06B $11.32B
Total Long-Term Assets $24.54B $25.15B
Total Assets $39.59B $36.47B
YoY Change 8.58% 1.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.653B $5.986B
YoY Change 44.55% 31.88%
Accrued Expenses $729.0M $1.106B
YoY Change -34.09% 25.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $312.0M $635.0M
YoY Change -50.87% 103.53%
Total Short-Term Liabilities $10.41B $8.095B
YoY Change 28.55% 29.79%
LONG-TERM LIABILITIES
Long-Term Debt $7.517B $7.718B
YoY Change -2.6% 6.25%
Other Long-Term Liabilities $1.752B $1.855B
YoY Change -5.55% -15.03%
Total Long-Term Liabilities $1.752B $9.573B
YoY Change -81.7% 1.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.41B $8.095B
Total Long-Term Liabilities $1.752B $9.573B
Total Liabilities $12.16B $21.80B
YoY Change -44.23% 9.14%
SHAREHOLDERS EQUITY
Retained Earnings $13.46B
YoY Change
Common Stock $7.648B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.361B
YoY Change
Treasury Stock Shares 103.5M shares
Shareholders Equity $15.22B $14.67B
YoY Change
Total Liabilities & Shareholders Equity $39.59B $36.47B
YoY Change 8.58% 1.93%

Cashflow Statement

Concept 2011 Q1 2010 Q1
OPERATING ACTIVITIES
Net Income $98.00M -$113.0M
YoY Change -186.73% -136.57%
Depreciation, Depletion And Amortization $365.0M $340.0M
YoY Change 7.35% -10.05%
Cash From Operating Activities $2.058B $982.0M
YoY Change 109.57% 25.74%
INVESTING ACTIVITIES
Capital Expenditures -$438.0M -$382.0M
YoY Change 14.66% -48.03%
Acquisitions
YoY Change
Other Investing Activities $9.000M -$15.00M
YoY Change -160.0% -91.38%
Cash From Investing Activities -$783.0M -$856.0M
YoY Change -8.53% -5.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $1.000M
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$512.0M $916.0M
YoY Change -155.9% 0.22%
NET CHANGE
Cash From Operating Activities $2.058B $982.0M
Cash From Investing Activities -$783.0M -$856.0M
Cash From Financing Activities -$512.0M $916.0M
Net Change In Cash $763.0M $1.042B
YoY Change -26.78% 32.57%
FREE CASH FLOW
Cash From Operating Activities $2.058B $982.0M
Capital Expenditures -$438.0M -$382.0M
Free Cash Flow $2.496B $1.364B
YoY Change 82.99% -10.03%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2011Q1 vlo Accounts Receivable Sales Facility Maximum Borrowing Capacity
AccountsReceivableSalesFacilityMaximumBorrowingCapacity
1000000000 USD
CY2010Q4 vlo Accrual For Taxes Other Than Income Taxes Including Ad Valorem Excise Sales And Use And Payroll
AccrualForTaxesOtherThanIncomeTaxesIncludingAdValoremExciseSalesAndUseAndPayroll
671000000 USD
CY2011Q1 vlo Accrual For Taxes Other Than Income Taxes Including Ad Valorem Excise Sales And Use And Payroll
AccrualForTaxesOtherThanIncomeTaxesIncludingAdValoremExciseSalesAndUseAndPayroll
517000000 USD
CY2010Q4 vlo Eligible Receivables Sold To Third Party Entities And Financial Institutions
EligibleReceivablesSoldToThirdPartyEntitiesAndFinancialInstitutions
100000000 USD
CY2011Q1 vlo Eligible Receivables Sold To Third Party Entities And Financial Institutions
EligibleReceivablesSoldToThirdPartyEntitiesAndFinancialInstitutions
100000000 USD
CY2010Q4 vlo Ethanol Feedstocks And Products
EthanolFeedstocksAndProducts
201000000 USD
CY2011Q1 vlo Ethanol Feedstocks And Products
EthanolFeedstocksAndProducts
250000000 USD
CY2010Q1 vlo Ethanol Operating Costs And Expenses
EthanolOperatingCostsAndExpenses
80000000 USD
CY2011Q1 vlo Ethanol Operating Costs And Expenses
EthanolOperatingCostsAndExpenses
95000000 USD
CY2011Q1 vlo Excise Taxes
ExciseTaxes
214000000 USD
CY2010Q1 vlo Excise Taxes
ExciseTaxes
208000000 USD
CY2011Q1 vlo Extended Term Of Accounts Receivable Sales Facility
ExtendedTermOfAccountsReceivableSalesFacility
June 2011
CY2010Q1 vlo Increase Decrease In Other Taxes Payable Excluding Income Taxes
IncreaseDecreaseInOtherTaxesPayableExcludingIncomeTaxes
-126000000 USD
CY2011Q1 vlo Increase Decrease In Other Taxes Payable Excluding Income Taxes
IncreaseDecreaseInOtherTaxesPayableExcludingIncomeTaxes
-160000000 USD
CY2010Q1 vlo Interest Expense Capitalized Reduction Of Expense
InterestExpenseCapitalizedReductionOfExpense
20000000 USD
CY2011Q1 vlo Interest Expense Capitalized Reduction Of Expense
InterestExpenseCapitalizedReductionOfExpense
27000000 USD
CY2011Q1 vlo Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
149000000 USD
CY2010Q4 vlo Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
121000000 USD
CY2010Q1 vlo Reclassification To Cost Of Sales From Operating Expenses
ReclassificationToCostOfSalesFromOperatingExpenses
21000000 USD
CY2010Q1 vlo Refining Operating Costs And Expenses
RefiningOperatingCostsAndExpenses
764000000 USD
CY2011Q1 vlo Refining Operating Costs And Expenses
RefiningOperatingCostsAndExpenses
744000000 USD
CY2011Q1 dei Amendment Flag
AmendmentFlag
false
CY2011Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2011Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2011Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
CY2011Q1 dei Document Period End Date
DocumentPeriodEndDate
2011-03-31
CY2011Q1 dei Document Type
DocumentType
10-Q
CY2011Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001035002
CY2011Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
570250193 shares
CY2011Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2011Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2011Q1 dei Entity Registrant Name
EntityRegistrantName
VALERO ENERGY CORP/TX
CY2011Q1 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2011Q1 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2011Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
8653000000 USD
CY2010Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
6441000000 USD
CY2010Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
3000000 USD
CY2011Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
55000000 USD
CY2011Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
729000000 USD
CY2010Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
590000000 USD
CY2010Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6252000000 USD
CY2011Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6509000000 USD
CY2011Q1 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
0 USD
CY2011Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
479000000 USD
CY2010Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
388000000 USD
CY2010Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
7704000000 USD
CY2011Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
7641000000 USD
CY2010Q1 us-gaap Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities Other
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther
-1000000 USD
CY2011Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1200000000 shares
CY2011Q1 us-gaap Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities Other
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther
7000000 USD
CY2011Q1 us-gaap Assets
Assets
39592000000 USD
CY2010Q4 us-gaap Assets
Assets
37621000000 USD
CY2010Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
673501593 shares
CY2011Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
673501593 shares
CY2011Q1 us-gaap Common Stock Value
CommonStockValue
7000000 USD
CY2010Q4 us-gaap Common Stock Value
CommonStockValue
7000000 USD
CY2011Q1 us-gaap Assets Current
AssetsCurrent
15056000000 USD
CY2010Q4 us-gaap Assets Current
AssetsCurrent
13518000000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3334000000 USD
CY2011Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4133000000 USD
CY2009Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
825000000 USD
CY2010Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1887000000 USD
CY2010Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1062000000 USD
CY2011Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
799000000 USD
CY2011Q1 us-gaap Commitments And Contingencies2009
CommitmentsAndContingencies2009
CY2010 us-gaap Commitments And Contingencies2009
CommitmentsAndContingencies2009
CY2011Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.05
CY2010Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.05
CY2010Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2011Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2010Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1200000000 shares
CY2010Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-46000000 USD
CY2011Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
189000000 USD
CY2010Q1 us-gaap Costs And Expenses
CostsAndExpenses
18489000000 USD
CY2011Q1 us-gaap Costs And Expenses
CostsAndExpenses
26064000000 USD
CY2011Q1 us-gaap Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
2810000000 USD
CY2010Q4 us-gaap Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
2225000000 USD
CY2010Q4 us-gaap Debt Current
DebtCurrent
822000000 USD
CY2011Q1 us-gaap Debt Current
DebtCurrent
312000000 USD
CY2011Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-44000000 USD
CY2010Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
17000000 USD
CY2011Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
262000000 USD
CY2010Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
190000000 USD
CY2011Q1 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
140000000 USD
CY2010Q4 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
257000000 USD
CY2010Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4530000000 USD
CY2011Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4693000000 USD
CY2010Q1 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
50000000 USD
CY2011Q1 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0 USD
CY2011Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
365000000 USD
CY2010Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
357000000 USD
CY2010Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
340000000 USD
CY2011Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
365000000 USD
CY2010Q4 us-gaap Derivative Asset Designated As Hedging Instrument Fair Value
DerivativeAssetDesignatedAsHedgingInstrumentFairValue
206000000 USD
CY2011Q1 us-gaap Derivative Asset Designated As Hedging Instrument Fair Value
DerivativeAssetDesignatedAsHedgingInstrumentFairValue
295000000 USD
CY2010Q4 us-gaap Derivative Asset Not Designated As Hedging Instrument Fair Value
DerivativeAssetNotDesignatedAsHedgingInstrumentFairValue
3120000000 USD
CY2011Q1 us-gaap Derivative Asset Not Designated As Hedging Instrument Fair Value
DerivativeAssetNotDesignatedAsHedgingInstrumentFairValue
8957000000 USD
CY2010Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
3326000000 USD
CY2011Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
9252000000 USD
CY2010Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
3599000000 USD
CY2011Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
9760000000 USD
CY2010Q4 us-gaap Derivative Liability Designated As Hedging Instrument Fair Value
DerivativeLiabilityDesignatedAsHedgingInstrumentFairValue
254000000 USD
CY2011Q1 us-gaap Derivative Liability Designated As Hedging Instrument Fair Value
DerivativeLiabilityDesignatedAsHedgingInstrumentFairValue
398000000 USD
CY2010Q4 us-gaap Derivative Liability Not Designated As Hedging Instrument Fair Value
DerivativeLiabilityNotDesignatedAsHedgingInstrumentFairValue
3345000000 USD
CY2011Q1 us-gaap Derivative Liability Not Designated As Hedging Instrument Fair Value
DerivativeLiabilityNotDesignatedAsHedgingInstrumentFairValue
9362000000 USD
CY2011Q2 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.05
CY2010Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.2
CY2011Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2010Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.2
CY2011Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2010Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
20000000 USD
CY2011Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
36000000 USD
CY2010Q4 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
6100000000 USD
CY2011Q1 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
8500000000 USD
CY2011Q1 us-gaap Gain Loss From Components Excluded From Assessment Of Cash Flow Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfCashFlowHedgeEffectivenessNet
0 USD
CY2011Q1 us-gaap Gain Loss From Components Excluded From Assessment Of Fair Value Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfFairValueHedgeEffectivenessNet
0 USD
CY2011Q1 us-gaap Gain Loss From Hedged Firm Commitment Not Qualifying As Fair Value Hedge Net
GainLossFromHedgedFirmCommitmentNotQualifyingAsFairValueHedgeNet
0 USD
CY2011Q1 us-gaap Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 USD
CY2010Q1 us-gaap Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 USD
CY2010Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
97000000 USD
CY2011Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
130000000 USD
CY2011Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
104000000 USD
CY2010Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-80000000 USD
CY2011Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
144000000 USD
CY2010Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-112000000 USD
CY2010Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.14
CY2011Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.18
CY2010Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.14
CY2011Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.18
CY2011Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-6000000 USD
CY2010Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-33000000 USD
CY2010Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.06
CY2011Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2011Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2010Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.06
CY2011Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40000000 USD
CY2010Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-32000000 USD
CY2011Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3000000 USD
CY2010Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
839000000 USD
CY2011Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
316000000 USD
CY2010Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
343000000 USD
CY2010Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
155000000 USD
CY2011Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2143000000 USD
CY2010Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-70000000 USD
CY2011Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
97000000 USD
CY2011Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
174000000 USD
CY2010Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-47000000 USD
CY2011Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
25000000 USD
CY2010Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-830000000 USD
CY2011Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-622000000 USD
CY2010Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-168000000 USD
CY2010Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-753000000 USD
CY2011Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-1603000000 USD
CY2011Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-17000000 USD
CY2010Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
43000000 USD
CY2010Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-32000000 USD
CY2011Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-10000000 USD
CY2010Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
189000000 USD
CY2011Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
1258000000 USD
CY2010Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
224000000 USD
CY2011Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
225000000 USD
CY2010Q1 us-gaap Interest Expense
InterestExpense
147000000 USD
CY2011Q1 us-gaap Interest Expense
InterestExpense
144000000 USD
CY2011Q1 us-gaap Interest Paid Net
InterestPaidNet
77000000 USD
CY2010Q1 us-gaap Interest Paid Net
InterestPaidNet
56000000 USD
CY2010Q4 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
2233000000 USD
CY2011Q1 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
988000000 USD
CY2010Q4 us-gaap Inventory Net
InventoryNet
4947000000 USD
CY2011Q1 us-gaap Inventory Net
InventoryNet
4338000000 USD
CY2010Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
187000000 USD
CY2011Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
190000000 USD
CY2011Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
39592000000 USD
CY2010Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
37621000000 USD
CY2011Q1 us-gaap Liabilities Current
LiabilitiesCurrent
10406000000 USD
CY2010Q4 us-gaap Liabilities Current
LiabilitiesCurrent
8784000000 USD
CY2010Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7515000000 USD
CY2011Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7517000000 USD
CY2010Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
916000000 USD
CY2011Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-512000000 USD
CY2011Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-783000000 USD
CY2010Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-856000000 USD
CY2010Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
982000000 USD
CY2011Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2058000000 USD
CY2011Q1 us-gaap Net Income Loss
NetIncomeLoss
98000000 USD
CY2010Q1 us-gaap Net Income Loss
NetIncomeLoss
-113000000 USD
CY2010Q1 us-gaap Noncash Investing And Financing Activities Related Text
NoncashInvestingAndFinancingActivitiesRelatedText
0
CY2011Q1 us-gaap Noncash Investing And Financing Activities Related Text
NoncashInvestingAndFinancingActivitiesRelatedText
0
CY2010Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
4000000 USD
CY2011Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
244000000 USD
CY2010Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1210000000 USD
CY2011Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1416000000 USD
CY2010Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
-33000000 USD
CY2011Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
0 USD
CY2010Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
101000000 USD
CY2011Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
92000000 USD
CY2010Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
67000000 USD
CY2011Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
91000000 USD
CY2011Q1 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
0 USD
CY2010Q1 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
-32000000 USD
CY2011Q1 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax
0 USD
CY2010Q1 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax
17000000 USD
CY2011Q1 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax
-1000000 USD
CY2010Q1 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax
-1000000 USD
CY2011Q1 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostTax
1000000 USD
CY2010Q1 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostTax
0 USD
CY2010Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1000000 USD
CY2011Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2011Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
CY2010Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
1000000 USD
CY2010Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1767000000 USD
CY2011Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1752000000 USD
CY2010Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
11000000 USD
CY2011Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
17000000 USD
CY2011Q1 us-gaap Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
37000000 USD
CY2010Q1 us-gaap Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
0 USD
CY2010Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
229000000 USD
CY2011Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
299000000 USD
CY2010Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-15000000 USD
CY2011Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
9000000 USD
CY2011Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2010Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1000000 USD
CY2011Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2010Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
10000000 USD
CY2011Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
28000000 USD
CY2010Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
28000000 USD
CY2010Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
260000000 USD
CY2011Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
CY2010Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
382000000 USD
CY2011Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
438000000 USD
CY2011Q1 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
0 USD
CY2010Q1 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
1244000000 USD
CY2011Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
21000000 USD
CY2010Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
4000000 USD
CY2011Q1 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
0 USD
CY2010Q1 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
1225000000 USD
CY2011Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
5000000 USD
CY2010Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1000000 USD
CY2010Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
28921000000 USD
CY2011Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
29404000000 USD
CY2010Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22669000000 USD
CY2011Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22895000000 USD
CY2011Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
5858000000 USD
CY2010Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
4583000000 USD
CY2011Q1 us-gaap Refining And Marketing Costs
RefiningAndMarketingCosts
24568000000 USD
CY2010Q1 us-gaap Refining And Marketing Costs
RefiningAndMarketingCosts
17056000000 USD
CY2010Q1 us-gaap Refining And Marketing Revenue
RefiningAndMarketingRevenue
18493000000 USD
CY2011Q1 us-gaap Refining And Marketing Revenue
RefiningAndMarketingRevenue
26308000000 USD
CY2011Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
0 USD
CY2010Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
1225000000 USD
CY2010Q1 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
294000000 USD
CY2011Q1 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
510000000 USD
CY2011Q1 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
100000000 USD
CY2010Q4 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
101000000 USD
CY2011Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
13458000000 USD
CY2010Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
13388000000 USD
CY2010Q4 us-gaap Segment Reporting Entity Consolidated Assets
SegmentReportingEntityConsolidatedAssets
37621000000 USD
CY2011Q1 us-gaap Segment Reporting Entity Consolidated Assets
SegmentReportingEntityConsolidatedAssets
39592000000 USD
CY2011Q1 us-gaap Segment Reporting Information Intersegment Revenue
SegmentReportingInformationIntersegmentRevenue
2045000000 USD
CY2010Q1 us-gaap Segment Reporting Information Intersegment Revenue
SegmentReportingInformationIntersegmentRevenue
1563000000 USD
CY2011Q1 us-gaap Selling Expense
SellingExpense
162000000 USD
CY2010Q1 us-gaap Selling Expense
SellingExpense
152000000 USD
CY2011Q1 us-gaap Share Based Compensation
ShareBasedCompensation
12000000 USD
CY2010Q1 us-gaap Share Based Compensation
ShareBasedCompensation
12000000 USD
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
15025000000 USD
CY2011Q1 us-gaap Stockholders Equity
StockholdersEquity
15224000000 USD
CY2011Q1 us-gaap Treasury Stock Value
TreasuryStockValue
6361000000 USD
CY2010Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
105113545 shares
CY2011Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
103498265 shares
CY2010Q4 us-gaap Treasury Stock Value
TreasuryStockValue
6462000000 USD
CY2010Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
562000000 shares
CY2011Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
573000000 shares
CY2011Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
566000000 shares
CY2010Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
562000000 shares

Files In Submission

Name View Source Status
0001035002-11-000035-index-headers.html Edgar Link pending
0001035002-11-000035-index.html Edgar Link pending
0001035002-11-000035.txt Edgar Link pending
0001035002-11-000035-xbrl.zip Edgar Link pending
defnref.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
R1.xml Edgar Link unprocessable
R10.xml Edgar Link unprocessable
R11.xml Edgar Link unprocessable
R12.xml Edgar Link unprocessable
R13.xml Edgar Link unprocessable
R14.xml Edgar Link unprocessable
R15.xml Edgar Link unprocessable
R16.xml Edgar Link unprocessable
R17.xml Edgar Link unprocessable
R18.xml Edgar Link unprocessable
R19.xml Edgar Link unprocessable
R2.xml Edgar Link unprocessable
R20.xml Edgar Link unprocessable
R21.xml Edgar Link unprocessable
R22.xml Edgar Link unprocessable
R23.xml Edgar Link unprocessable
R24.xml Edgar Link unprocessable
R25.xml Edgar Link unprocessable
R26.xml Edgar Link unprocessable
R27.xml Edgar Link unprocessable
R28.xml Edgar Link unprocessable
R29.xml Edgar Link unprocessable
R3.xml Edgar Link unprocessable
R30.xml Edgar Link unprocessable
R31.xml Edgar Link unprocessable
R32.xml Edgar Link unprocessable
R33.xml Edgar Link unprocessable
R34.xml Edgar Link unprocessable
R35.xml Edgar Link unprocessable
R36.xml Edgar Link unprocessable
R37.xml Edgar Link unprocessable
R38.xml Edgar Link unprocessable
R39.xml Edgar Link unprocessable
R4.xml Edgar Link unprocessable
R40.xml Edgar Link unprocessable
R41.xml Edgar Link unprocessable
R42.xml Edgar Link unprocessable
R43.xml Edgar Link unprocessable
R44.xml Edgar Link unprocessable
R45.xml Edgar Link unprocessable
R46.xml Edgar Link unprocessable
R47.xml Edgar Link unprocessable
R48.xml Edgar Link unprocessable
R49.xml Edgar Link unprocessable
R5.xml Edgar Link unprocessable
R6.xml Edgar Link unprocessable
R7.xml Edgar Link unprocessable
R8.xml Edgar Link unprocessable
R9.xml Edgar Link unprocessable
vlo-20110331.xml Edgar Link completed
vlo-20110331.xsd Edgar Link pending
vlo-20110331_cal.xml Edgar Link unprocessable
vlo-20110331_def.xml Edgar Link unprocessable
vlo-20110331_lab.xml Edgar Link unprocessable
vlo-20110331_pre.xml Edgar Link unprocessable
vlo3311110q.htm Edgar Link pending
vlo33111exh1201.htm Edgar Link pending
vlo33111exh3101.htm Edgar Link pending
vlo33111exh3102.htm Edgar Link pending
vlo33111exh3201.htm Edgar Link pending