Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 5,392	$ 4,122
Receivables, net	14,439	10,378
Inventories	7,147	6,265
Prepaid expenses and other	431	400
Total current assets	27,409	21,165
Property, plant, and equipment, at cost	49,602	49,072
Accumulated depreciation	(18,848)	(18,225)
Property, plant, and equipment, net	30,754	30,847
Deferred charges and other assets, net	6,182	5,876
Total assets	64,345	57,888
Current liabilities:
Current portion of debt and finance lease obligations	1,022	1,264
Accounts payable	16,643	12,495
Accrued expenses	1,112	1,253
Taxes other than income taxes payable	1,599	1,461
Income taxes payable	1,593	378
Total current liabilities	21,969	16,851
Debt and finance lease obligations, less current portion	11,858	12,606
Deferred income tax liabilities	4,792	5,210
Other long-term liabilities	2,993	3,404
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	6,845	6,827
Treasury stock, at cost; 279,531,760 and 264,305,955 common shares	(17,537)	(15,677)
Retained earnings	33,079	28,281
Accumulated other comprehensive loss	(1,425)	(1,008)
Total Valero Energy Corporation stockholders’ equity	20,969	18,430
Noncontrolling interests	1,764	1,387
Total equity	22,733	19,817
Total liabilities and equity	$ 64,345	$ 57,888