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Earnings (Loss) Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Earnings (loss) per common share:      
Net income (loss) attributable to Valero stockholders $ 930 $ (1,421) $ 2,422
Less: Income allocated to participating securities 6 5 7
Net income (loss) available to common stockholders $ 924 $ (1,426) $ 2,415
Weighted-average common shares outstanding (shares) 407 407 413
Earnings (loss) per common share (in usd per share) $ 2.27 $ (3.50) $ 5.84
Earnings (loss) per common share – assuming dilution:      
Net income (loss) attributable to Valero stockholders $ 930 $ (1,421) $ 2,422
Less: Income allocated to participating securities 6 5 7
Net income (loss) available to common stockholders $ 924 $ (1,426) $ 2,415
Weighted-average common shares outstanding (shares) 407 407 413
Effect of dilutive securities (shares) 0 0 1
Weighted-average common shares outstanding – assuming dilution (shares) 407 407 414
Earnings (loss) per common share – assuming dilution (in usd per share) $ 2.27 $ (3.50) $ 5.84