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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and temporary cash investments $ 4,463 $ 4,816
Receivables, net 5,104 5,901
Inventories 6,025 5,709
Prepaid expenses and other 316 374
Total current assets 15,908 16,800
Property, plant, and equipment, at cost 38,571 37,733
Accumulated depreciation (11,580) (11,261)
Property, plant, and equipment, net 26,991 26,472
Deferred charges and other assets, net 3,148 2,901
Total assets 46,047 46,173
Current liabilities:    
Current portion of debt and capital lease obligations 120 115
Accounts payable 6,037 6,357
Accrued expenses 707 694
Taxes other than income taxes 971 1,084
Income taxes payable 64 78
Total current liabilities 7,899 8,328
Debt and capital lease obligations, less current portion 8,369 7,886
Deferred income taxes 7,196 7,361
Other long-term liabilities 1,932 1,744
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 7,096 7,088
Treasury stock, at cost; 226,338,916 and 222,000,024 common shares (12,310) (12,027)
Retained earnings 26,366 26,366
Accumulated other comprehensive loss (1,334) (1,410)
Total Valero Energy Corporation stockholders’ equity 19,825 20,024
Noncontrolling interests 826 830
Total equity 20,651 20,854
Total liabilities and equity $ 46,047 $ 46,173