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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and temporary cash investments $ 4,816 $ 4,114
Receivables, net 5,901 4,464
Inventories 5,709 5,898
Income taxes receivable 58 218
Prepaid expenses and other 316 204
Total current assets 16,800 14,898
Property, plant, and equipment, at cost 37,733 36,907
Accumulated depreciation (11,261) (10,204)
Property, plant, and equipment, net 26,472 26,703
Deferred charges and other assets, net 2,901 2,626
Total assets 46,173 44,227
Current liabilities:    
Current portion of debt and capital lease obligations 115 127
Accounts payable 6,357 4,907
Accrued expenses 694 554
Taxes other than income taxes 1,084 1,069
Income taxes payable 78 337
Total current liabilities 8,328 6,994
Debt and capital lease obligations, less current portion 7,886 7,208
Deferred income taxes 7,361 7,060
Other long-term liabilities 1,744 1,611
Commitments and contingencies
Valero Energy Corporation stockholders’ equity:    
Common stock, $0.01 par value; 1,200,000,000 shares authorized; 673,501,593 and 673,501,593 shares issued 7 7
Additional paid-in capital 7,088 7,064
Treasury stock, at cost; 222,000,024 and 200,462,208 common shares (12,027) (10,799)
Retained earnings 26,366 25,188
Accumulated other comprehensive loss (1,410) (933)
Total Valero Energy Corporation stockholders’ equity 20,024 20,527
Noncontrolling interests 830 827
Total equity 20,854 21,354
Total liabilities and equity $ 46,173 $ 44,227