2022 Q3 Form 10-Q Financial Statement
#000103500222000044 Filed on July 28, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2021 Q4 |
---|---|---|---|
Revenue | $44.45B | $51.64B | $35.90B |
YoY Change | 50.59% | 86.11% | 116.23% |
Cost Of Revenue | $40.43B | $45.16B | $33.99B |
YoY Change | 41.36% | 67.03% | 101.93% |
Gross Profit | $4.023B | $6.479B | $1.910B |
YoY Change | 338.24% | 813.82% | -930.43% |
Gross Profit Margin | 9.05% | 12.55% | 5.32% |
Selling, General & Admin | $214.0M | $213.0M | $286.0M |
YoY Change | 9.74% | 21.02% | 27.68% |
% of Gross Profit | 5.32% | 3.29% | 14.97% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $11.00M | $602.0M | $598.0M |
YoY Change | -98.28% | 2.38% | 3.64% |
% of Gross Profit | 0.27% | 9.29% | 31.31% |
Operating Expenses | $231.0M | $240.0M | $316.0M |
YoY Change | 2.67% | 20.0% | 31.67% |
Operating Profit | $3.792B | $6.219B | $1.594B |
YoY Change | 447.19% | 1121.81% | -439.15% |
Interest Expense | $138.0M | $142.0M | -$152.0M |
YoY Change | -9.21% | -5.33% | -0.65% |
% of Operating Profit | 3.64% | 2.28% | -9.54% |
Other Income/Expense, Net | $74.00M | $33.00M | -$163.0M |
YoY Change | 131.25% | -67.65% | -752.0% |
Pretax Income | $3.728B | $6.110B | $1.279B |
YoY Change | 550.61% | 1225.38% | -313.88% |
Income Tax | $816.0M | $1.342B | $169.0M |
% Of Pretax Income | 21.89% | 21.96% | 13.21% |
Net Earnings | $2.817B | $4.693B | $1.009B |
YoY Change | 508.42% | 2796.91% | -381.06% |
Net Earnings / Revenue | 6.34% | 9.09% | 2.81% |
Basic Earnings Per Share | $7.20 | $11.58 | |
Diluted Earnings Per Share | $7.19 | $11.57 | $2.479M |
COMMON SHARES | |||
Basic Shares Outstanding | 394.0M shares | 404.0M shares | 408.8M shares |
Diluted Shares Outstanding | 390.0M shares | 404.0M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2021 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $3.969B | $5.392B | $4.122B |
YoY Change | 13.46% | 50.95% | 24.42% |
Cash & Equivalents | $3.969B | $5.392B | $4.122B |
Short-Term Investments | |||
Other Short-Term Assets | $518.0M | $431.0M | $400.0M |
YoY Change | 18.26% | -23.72% | 4.17% |
Inventory | $6.628B | $7.147B | $6.265B |
Prepaid Expenses | |||
Receivables | $11.58B | $14.44B | $9.968B |
Other Receivables | $0.00 | $0.00 | $389.0M |
Total Short-Term Assets | $22.70B | $27.41B | $21.17B |
YoY Change | 20.79% | 41.49% | 33.58% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $30.51B | $30.75B | $32.13B |
YoY Change | 0.22% | 0.96% | 1.7% |
Goodwill | $260.0M | ||
YoY Change | 0.0% | ||
Intangibles | $218.0M | ||
YoY Change | -12.1% | ||
Long-Term Investments | $734.0M | ||
YoY Change | -24.49% | ||
Other Assets | $6.125B | $6.182B | $5.876B |
YoY Change | 12.16% | 9.94% | 6.05% |
Total Long-Term Assets | $36.63B | $36.94B | $36.72B |
YoY Change | 2.04% | 2.36% | 2.21% |
TOTAL ASSETS | |||
Total Short-Term Assets | $22.70B | $27.41B | $21.17B |
Total Long-Term Assets | $36.63B | $36.94B | $36.72B |
Total Assets | $59.33B | $64.35B | $57.89B |
YoY Change | 8.48% | 16.03% | 11.81% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $13.00B | $16.64B | $12.50B |
YoY Change | 32.41% | 63.68% | 105.44% |
Accrued Expenses | $1.265B | $1.112B | $1.253B |
YoY Change | -17.8% | -13.53% | 26.06% |
Deferred Revenue | $78.00M | ||
YoY Change | 41.82% | ||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.006B | $1.022B | $1.264B |
YoY Change | -13.43% | -2.11% | 74.83% |
Total Short-Term Liabilities | $17.24B | $21.97B | $16.85B |
YoY Change | 20.43% | 54.56% | 81.53% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $10.57B | $11.86B | $12.61B |
YoY Change | -19.13% | -13.04% | -9.66% |
Other Long-Term Liabilities | $2.869B | $2.993B | $3.404B |
YoY Change | -20.48% | -20.4% | -5.97% |
Total Long-Term Liabilities | $2.869B | $2.993B | $3.404B |
YoY Change | -20.48% | -20.4% | -5.97% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $17.24B | $21.97B | $16.85B |
Total Long-Term Liabilities | $2.869B | $2.993B | $3.404B |
Total Liabilities | $20.11B | $24.96B | $20.26B |
YoY Change | 12.19% | 38.88% | 56.98% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $35.51B | $33.08B | $28.28B |
YoY Change | 28.32% | 19.81% | -2.32% |
Common Stock | $6.865B | $6.852B | $6.834B |
YoY Change | 0.41% | 0.38% | 0.19% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $18.47B | $17.54B | $15.68B |
YoY Change | 17.65% | 11.73% | -0.27% |
Treasury Stock Shares | 288.0M shares | 279.5M shares | 264.3M shares |
Shareholders Equity | $21.91B | $20.97B | $18.43B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $59.33B | $64.35B | $57.89B |
YoY Change | 8.48% | 16.03% | 11.81% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2021 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $2.817B | $4.693B | $1.009B |
YoY Change | 508.42% | 2796.91% | -381.06% |
Depreciation, Depletion And Amortization | $11.00M | $602.0M | $598.0M |
YoY Change | -98.28% | 2.38% | 3.64% |
Cash From Operating Activities | $2.045B | $5.845B | $2.454B |
YoY Change | 41.13% | 191.09% | 2456.25% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$463.0M | -$417.0M | -$508.0M |
YoY Change | 0.0% | 17.46% | 0.4% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$147.0M | -$202.0M | -$239.0M |
YoY Change | 30.09% | -304.04% | 256.72% |
Cash From Investing Activities | -$610.0M | -$619.0M | -$747.0M |
YoY Change | 5.9% | 141.8% | 30.37% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -2.627B | -2.414B | -1.107B |
YoY Change | 200.92% | 465.34% | 181.68% |
NET CHANGE | |||
Cash From Operating Activities | 2.045B | 5.845B | 2.454B |
Cash From Investing Activities | -610.0M | -619.0M | -747.0M |
Cash From Financing Activities | -2.627B | -2.414B | -1.107B |
Net Change In Cash | -1.192B | 2.812B | 600.0M |
YoY Change | 112.23% | -168.97% | |
FREE CASH FLOW | |||
Cash From Operating Activities | $2.045B | $5.845B | $2.454B |
Capital Expenditures | -$463.0M | -$417.0M | -$508.0M |
Free Cash Flow | $2.508B | $6.262B | $2.962B |
YoY Change | 31.17% | 165.0% | 392.03% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Entity Registrant Name
EntityRegistrantName
|
VALERO ENERGY CORP/TX | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
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0001035002 | ||
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|
false | ||
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Document Fiscal Year Focus
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|
2022 | ||
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Document Fiscal Period Focus
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|
Q2 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
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Document Type
DocumentType
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10-Q | ||
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Document Quarterly Report
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true | ||
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2022-06-30 | ||
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001-13175 | ||
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DE | ||
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74-1828067 | ||
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One Valero Way | ||
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San Antonio | ||
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TX | ||
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78249 | ||
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210 | ||
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345-2000 | ||
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DepreciationAndAmortization
|
24000000 | usd | |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
6219000000 | usd |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
509000000 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7603000000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-157000000 | usd | |
CY2022Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
33000000 | usd |
CY2021Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
102000000 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
13000000 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
147000000 | usd | |
CY2022Q2 | us-gaap |
Interest Expense
InterestExpense
|
142000000 | usd |
CY2021Q2 | us-gaap |
Interest Expense
InterestExpense
|
150000000 | usd |
us-gaap |
Interest Expense
InterestExpense
|
287000000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
299000000 | usd | |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
6110000000 | usd |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
461000000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
7329000000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-309000000 | usd | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1342000000 | usd |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
169000000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1594000000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
21000000 | usd | |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
4768000000 | usd |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
292000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
5735000000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-330000000 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
75000000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
130000000 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
137000000 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
212000000 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4693000000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
162000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
5598000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-542000000 | usd | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
11.58 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.39 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
13.75 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.34 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
404000000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
407000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
406000000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
407000000 | shares | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
11.57 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.39 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
13.74 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.34 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
404000000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
407000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
406000000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
407000000 | shares | |
CY2022Q2 | us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
1254000000 | usd |
CY2021Q2 | us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
1422000000 | usd |
us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
2677000000 | usd | |
us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
2542000000 | usd | |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
4768000000 | usd |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
292000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
5735000000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-330000000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
-442000000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
69000000 | usd |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
-429000000 | usd | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
145000000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
-9000000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
-13000000 | usd |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
-17000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
-28000000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
|
50000000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
|
-7000000 | usd |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
|
5000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
|
3000000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-383000000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
75000000 | usd |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-407000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
176000000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
7000000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
2000000 | usd |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
7000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
9000000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-390000000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
73000000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-414000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
167000000 | usd | |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
4378000000 | usd |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
365000000 | usd |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
5321000000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-163000000 | usd | |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
101000000 | usd |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
127000000 | usd |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
140000000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
214000000 | usd | |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
4277000000 | usd |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
238000000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
5181000000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-377000000 | usd | |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
20410000000 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
4768000000 | usd |
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.98 | |
CY2022Q2 | us-gaap |
Dividends
Dividends
|
399000000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
15000000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
3000000 | usd |
CY2022Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1748000000 | usd |
CY2022Q2 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
75000000 | usd |
CY2022Q2 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
1000000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-390000000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
22733000000 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
18727000000 | usd |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
292000000 | usd |
CY2021Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.98 | |
CY2021Q2 | us-gaap |
Dividends
Dividends
|
401000000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
13000000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1000000 | usd |
CY2021Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1000000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
73000000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
18704000000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
19817000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
5735000000 | usd | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.96 | ||
us-gaap |
Dividends
Dividends
|
800000000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
47000000 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
3000000 | usd | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1892000000 | usd | |
us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
240000000 | usd | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
3000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-414000000 | usd | |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
22733000000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
19642000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-330000000 | usd | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.96 | ||
us-gaap |
Dividends
Dividends
|
801000000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
41000000 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2000000 | usd | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
15000000 | usd | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
2000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
167000000 | usd | |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
18704000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
5735000000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-330000000 | usd | |
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
1208000000 | usd | |
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
1166000000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-50000000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
62000000 | usd | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-333000000 | usd | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-136000000 | usd | |
vlo |
Increase Decrease In Operating Capital Current
IncreaseDecreaseInOperatingCapitalCurrent
|
128000000 | usd | |
vlo |
Increase Decrease In Operating Capital Current
IncreaseDecreaseInOperatingCapitalCurrent
|
-1251000000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
99000000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
-67000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
6433000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1956000000 | usd | |
us-gaap |
Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
|
32000000 | usd | |
us-gaap |
Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
|
270000000 | usd | |
us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
1000000 | usd | |
us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
9000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-4000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-24000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1460000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-836000000 | usd | |
us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
48000000 | usd | |
us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
0 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1892000000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
15000000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
800000000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
801000000 | usd | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
240000000 | usd | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | usd | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
3000000 | usd | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
2000000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-5000000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
2000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3642000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-866000000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-61000000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1270000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
259000000 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4122000000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3313000000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5392000000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3572000000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="padding-left:18pt"><span style="color:#0070ab;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. On an ongoing basis, we review our estimates based on currently available information. Changes in facts and circumstances may result in revised estimates.</span></div> | ||
CY2022Q2 | us-gaap |
Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
|
1888000000 | usd |
CY2021Q4 | us-gaap |
Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
|
1995000000 | usd |
CY2022Q2 | us-gaap |
Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
|
4328000000 | usd |
CY2021Q4 | us-gaap |
Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
|
3567000000 | usd |
CY2022Q2 | vlo |
Renewable Diesel Feedstocksand Products
RenewableDieselFeedstocksandProducts
|
319000000 | usd |
CY2021Q4 | vlo |
Renewable Diesel Feedstocksand Products
RenewableDieselFeedstocksandProducts
|
135000000 | usd |
CY2022Q2 | vlo |
Ethanol Feedstocks And Products
EthanolFeedstocksAndProducts
|
315000000 | usd |
CY2021Q4 | vlo |
Ethanol Feedstocks And Products
EthanolFeedstocksAndProducts
|
273000000 | usd |
CY2022Q2 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
297000000 | usd |
CY2021Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
295000000 | usd |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
7147000000 | usd |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
6265000000 | usd |
CY2022Q2 | us-gaap |
Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
|
9700000000 | usd |
CY2021Q4 | us-gaap |
Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
|
5200000000 | usd |
CY2022Q2 | us-gaap |
Weighted Average Cost Inventory Amount
WeightedAverageCostInventoryAmount
|
1500000000 | usd |
CY2021Q4 | us-gaap |
Weighted Average Cost Inventory Amount
WeightedAverageCostInventoryAmount
|
1400000000 | usd |
CY2022Q2 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
156000000 | usd |
CY2021Q2 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
162000000 | usd |
us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
313000000 | usd | |
us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
326000000 | usd | |
CY2022Q2 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
14000000 | usd |
CY2021Q2 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
12000000 | usd |
us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
26000000 | usd | |
us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
27000000 | usd | |
CY2022Q2 | us-gaap |
Interest Expense
InterestExpense
|
142000000 | usd |
CY2021Q2 | us-gaap |
Interest Expense
InterestExpense
|
150000000 | usd |
us-gaap |
Interest Expense
InterestExpense
|
287000000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
299000000 | usd | |
CY2022Q2 | us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
-491000000 | usd |
CY2021Q2 | us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
59000000 | usd |
CY2022Q2 | us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
-73000000 | usd |
CY2021Q2 | us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
-18000000 | usd |
CY2022Q2 | vlo |
Other Comprehensive Income Loss Net Of Tax Effect Of Exchange Rates Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxEffectOfExchangeRatesPortionAttributableToParent
|
2000000 | usd |
CY2021Q2 | vlo |
Other Comprehensive Income Loss Net Of Tax Effect Of Exchange Rates Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxEffectOfExchangeRatesPortionAttributableToParent
|
-1000000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-416000000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
76000000 | usd |
us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
-545000000 | usd | |
us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
131000000 | usd | |
us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
-126000000 | usd | |
us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
-35000000 | usd | |
vlo |
Other Comprehensive Income Loss Net Of Tax Effect Of Exchange Rates Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxEffectOfExchangeRatesPortionAttributableToParent
|
2000000 | usd | |
vlo |
Other Comprehensive Income Loss Net Of Tax Effect Of Exchange Rates Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxEffectOfExchangeRatesPortionAttributableToParent
|
-1000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-417000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
165000000 | usd | |
us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
64000000 | usd | |
CY2021Q2 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
64000000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4693000000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
162000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
5598000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-542000000 | usd | |
CY2022Q2 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
17000000 | usd |
CY2021Q2 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
2000000 | usd |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
20000000 | usd | |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
3000000 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
4676000000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
160000000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
5578000000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-545000000 | usd | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
404000000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
407000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
406000000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
407000000 | shares | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
11.58 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.39 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
13.75 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.34 | ||
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4693000000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
162000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
5598000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-542000000 | usd | |
CY2022Q2 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
17000000 | usd |
CY2021Q2 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
2000000 | usd |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
406000000 | shares | |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
20000000 | usd | |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
3000000 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
4676000000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
160000000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
5578000000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-545000000 | usd | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
404000000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
407000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
406000000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
407000000 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
404000000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
407000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
407000000 | shares | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
11.57 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.39 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
13.74 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.34 | ||
CY2022Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
109000000 | usd |
CY2021Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
78000000 | usd |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
72000000 | usd | |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
40000000 | usd | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment | |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
51641000000 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
51641000000 | usd |
CY2022Q2 | us-gaap |
Cost Direct Material
CostDirectMaterial
|
42946000000 | usd |
CY2022Q2 | us-gaap |
Cost Of Goods And Services Sold Overhead
CostOfGoodsAndServicesSoldOverhead
|
1626000000 | usd |
CY2022Q2 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
590000000 | usd |
CY2022Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
45162000000 | usd |
CY2022Q2 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
15000000 | usd |
CY2022Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
233000000 | usd |
CY2022Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
12000000 | usd |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
6219000000 | usd |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
27748000000 | usd |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
27748000000 | usd |
CY2021Q2 | us-gaap |
Cost Direct Material
CostDirectMaterial
|
25249000000 | usd |
CY2021Q2 | us-gaap |
Cost Of Goods And Services Sold Overhead
CostOfGoodsAndServicesSoldOverhead
|
1214000000 | usd |
CY2021Q2 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
576000000 | usd |
CY2021Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
27039000000 | usd |
CY2021Q2 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
12000000 | usd |
CY2021Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
176000000 | usd |
CY2021Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
12000000 | usd |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
509000000 | usd |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
90183000000 | usd | |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
90183000000 | usd | |
us-gaap |
Cost Direct Material
CostDirectMaterial
|
77895000000 | usd | |
us-gaap |
Cost Of Goods And Services Sold Overhead
CostOfGoodsAndServicesSoldOverhead
|
3005000000 | usd | |
us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
1185000000 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
82085000000 | usd | |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
34000000 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
438000000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
23000000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7603000000 | usd | |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
48554000000 | usd | |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
48554000000 | usd | |
us-gaap |
Cost Direct Material
CostDirectMaterial
|
44241000000 | usd | |
us-gaap |
Cost Of Goods And Services Sold Overhead
CostOfGoodsAndServicesSoldOverhead
|
2870000000 | usd | |
us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
1142000000 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
48253000000 | usd | |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
50000000 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
384000000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
24000000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-157000000 | usd | |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
51641000000 | usd |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
27748000000 | usd |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
90183000000 | usd | |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
48554000000 | usd | |
CY2022Q2 | us-gaap |
Assets
Assets
|
64345000000 | usd |
CY2021Q4 | us-gaap |
Assets
Assets
|
57888000000 | usd |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
4163000000 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
3069000000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1056000000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
47000000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
108000000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
103000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
4240000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3979000000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-126000000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
284000000 | usd | |
us-gaap |
Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
|
133000000 | usd | |
us-gaap |
Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
|
162000000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
952000000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
45000000 | usd | |
vlo |
Increase Decrease In Operating Capital Current
IncreaseDecreaseInOperatingCapitalCurrent
|
128000000 | usd | |
vlo |
Increase Decrease In Operating Capital Current
IncreaseDecreaseInOperatingCapitalCurrent
|
-1251000000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
291000000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
290000000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
916000000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-882000000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
196000000 | usd | |
us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
39000000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
199000000 | usd | |
us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
35000000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
86000000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
63000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
92000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
164000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
315000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
46000000 | usd | |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
5392000000 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4122000000 | usd |
CY2022Q2 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
10898000000 | usd |
CY2021Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
11950000000 | usd |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
We do not require any collateral or other security to support derivative instruments into which we enter. |