Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 2,583	$ 2,982
Receivables, net	8,904	7,345
Inventories	7,013	6,532
Prepaid expenses and other	469	816
Total current assets	18,969	17,675
Property, plant, and equipment, at cost	44,294	42,473
Accumulated depreciation	(15,030)	(13,625)
Property, plant, and equipment, net	29,264	28,848
Deferred charges and other assets, net	5,631	3,632
Total assets	53,864	50,155
Current liabilities:
Current portion of debt and finance lease obligations	494	238
Accounts payable	10,205	8,594
Accrued expenses	949	630
Taxes other than income taxes payable	1,304	1,213
Income taxes payable	208	49
Total current liabilities	13,160	10,724
Debt and finance lease obligations, less current portion	9,178	8,871
Deferred income tax liabilities	5,103	4,962
Other long-term liabilities	3,887	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	6,821	7,048
Treasury stock, at cost; 264,209,742 and 255,905,051 common shares	(15,648)	(14,925)
Retained earnings	31,974	31,044
Accumulated other comprehensive loss	(1,351)	(1,507)
Total Valero Energy Corporation stockholders’ equity	21,803	21,667
Noncontrolling interests	733	1,064
Total equity	22,536	22,731
Total liabilities and equity	$ 53,864	$ 50,155