Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 3,313	$ 2,583
Receivables, net	6,109	8,988
Inventories	6,038	7,013
Prepaid expenses and other	384	385
Total current assets	15,844	18,969
Property, plant, and equipment, at cost	46,967	44,294
Accumulated depreciation	(16,578)	(15,030)
Property, plant, and equipment, net	30,389	29,264
Deferred charges and other assets, net	5,541	5,631
Total assets	51,774	53,864
Current liabilities:
Current portion of debt and finance lease obligations	723	494
Accounts payable	6,082	10,205
Accrued expenses	994	949
Taxes other than income taxes payable	1,372	1,304
Income taxes payable	112	208
Total current liabilities	9,283	13,160
Debt and finance lease obligations, less current portion	13,954	9,178
Deferred income tax liabilities	5,275	5,103
Other long-term liabilities	3,620	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	6,814	6,821
Treasury stock, at cost; 265,096,171 and 264,209,742 common shares	(15,719)	(15,648)
Retained earnings	28,953	31,974
Accumulated other comprehensive loss	(1,254)	(1,351)
Total Valero Energy Corporation stockholders’ equity	18,801	21,803
Noncontrolling interests	841	733
Total equity	19,642	22,536
Total liabilities and equity	$ 51,774	$ 53,864