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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 2,777 $ 2,982
Receivables, net 8,289 7,345
Inventories 6,554 6,532
Prepaid expenses and other 860 816
Total current assets 18,480 17,675
Property, plant, and equipment, at cost 42,388 42,473
Accumulated depreciation (13,980) (13,625)
Property, plant, and equipment, net 28,408 28,848
Deferred charges and other assets, net 5,207 3,632
Total assets 52,095 50,155
Current liabilities:    
Current portion of debt and finance lease obligations 1,110 238
Accounts payable 10,005 8,594
Accrued expenses 772 630
Taxes other than income taxes payable 961 1,213
Income taxes payable 65 49
Total current liabilities 12,913 10,724
Debt and finance lease obligations, less current portion 9,006 8,871
Deferred income tax liabilities 4,867 4,962
Other long-term liabilities 3,530 2,867
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 6,802 7,048
Treasury stock, at cost; 256,273,720 and 255,905,051 common shares (14,958) (14,925)
Retained earnings 30,810 31,044
Accumulated other comprehensive loss (1,352) (1,507)
Total Valero Energy Corporation stockholders’ equity 21,309 21,667
Noncontrolling interests 470 1,064
Total equity 21,779 22,731
Total liabilities and equity $ 52,095 $ 50,155