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Consolidated Statements of Equity (unaudited) - USD ($)
$ in Millions
Total
Valero Energy Corporation Stockholders' Equity [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Loss [Member]
Non-controlling Interests [Member]
Balance as of beginning of period at Dec. 31, 2020 $ 19,642 $ 18,801 $ 7 $ 6,814 $ (15,719) $ 28,953 $ (1,254) $ 841
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income (loss) (330) (542)       (542)   212
Dividends on common stock (801) (801)       (801)    
Stock-based compensation expense 41 41   41        
Transactions in connection with stock-based compensation plans 2 2   (36) 38      
Purchases of common stock for treasury (15) (15)     (15)      
Distributions to noncontrolling interests (2)             (2)
Other comprehensive income (loss) 167 165         165 2
Balance as of end of period at Jun. 30, 2021 18,704 17,651 7 6,819 (15,696) 27,610 (1,089) 1,053
Balance as of beginning of period at Mar. 31, 2021 18,727 17,801 7 6,810 (15,700) 27,849 (1,165) 926
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income (loss) 292 162       162   130
Dividends on common stock (401) (401)       (401)    
Stock-based compensation expense 13 13   13        
Transactions in connection with stock-based compensation plans 1 1   (4) 5      
Purchases of common stock for treasury (1) (1)     (1)      
Other comprehensive income (loss) 73 76         76 (3)
Balance as of end of period at Jun. 30, 2021 18,704 17,651 7 6,819 (15,696) 27,610 (1,089) 1,053
Balance as of beginning of period at Dec. 31, 2021 19,817 18,430 7 6,827 (15,677) 28,281 (1,008) 1,387
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income (loss) 5,735 5,598       5,598   137
Dividends on common stock (800) (800)       (800)    
Stock-based compensation expense 47 47   47        
Transactions in connection with stock-based compensation plans 3 3   (29) 32      
Purchases of common stock for treasury (1,892) (1,892)     (1,892)      
Contributions from noncontrolling interests 240             240
Distributions to noncontrolling interests (3)             (3)
Other comprehensive income (loss) (414) (417)         (417) 3
Balance as of end of period at Jun. 30, 2022 22,733 20,969 7 6,845 (17,537) 33,079 (1,425) 1,764
Balance as of beginning of period at Mar. 31, 2022 20,410 18,821 7 6,832 (15,794) 28,785 (1,009) 1,589
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income (loss) 4,768 4,693       4,693   75
Dividends on common stock (399) (399)       (399)    
Stock-based compensation expense 15 15   15        
Transactions in connection with stock-based compensation plans 3 3   (2) 5      
Purchases of common stock for treasury (1,748) (1,748)     (1,748)      
Contributions from noncontrolling interests 75             75
Distributions to noncontrolling interests (1)             (1)
Other comprehensive income (loss) (390) (416)         (416) 26
Balance as of end of period at Jun. 30, 2022 $ 22,733 $ 20,969 $ 7 $ 6,845 $ (17,537) $ 33,079 $ (1,425) $ 1,764