Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 2,319	$ 2,583
Receivables, net	4,152	8,904
Inventories	5,420	7,013
Prepaid expenses and other	871	469
Total current assets	12,762	18,969
Property, plant, and equipment, at cost	46,335	44,294
Accumulated depreciation	(15,682)	(15,030)
Property, plant, and equipment, net	30,653	29,264
Deferred charges and other assets, net	5,684	5,631
Total assets	49,099	53,864
Current liabilities:
Current portion of debt and finance lease obligations	587	494
Accounts payable	4,652	10,205
Accrued expenses	861	949
Taxes other than income taxes payable	1,083	1,304
Income taxes payable	117	208
Total current liabilities	7,300	13,160
Debt and finance lease obligations, less current portion	12,090	9,178
Deferred income tax liabilities	5,305	5,103
Other long-term liabilities	3,770	3,887
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	6,824	6,821
Treasury stock, at cost; 265,748,331 and 264,209,742 common shares	(15,760)	(15,648)
Retained earnings	30,575	31,974
Accumulated other comprehensive loss	(1,799)	(1,351)
Total Valero Energy Corporation stockholders’ equity	19,847	21,803
Noncontrolling interests	787	733
Total equity	20,634	22,536
Total liabilities and equity	$ 49,099	$ 53,864