Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 5,521	$ 4,862
Receivables, net	9,688	11,919
Inventories	7,455	6,752
Prepaid expenses and other	671	600
Total current assets	23,335	24,133
Property, plant, and equipment, at cost	50,828	50,576
Accumulated depreciation	(20,048)	(19,598)
Property, plant, and equipment, net	30,780	30,978
Deferred charges and other assets, net	6,062	5,871
Total assets	60,177	60,982
Current liabilities:
Current portion of debt and finance lease obligations	1,258	1,109
Accounts payable	10,498	12,728
Accrued expenses	1,168	1,215
Taxes other than income taxes payable	1,574	1,568
Income taxes payable	867	841
Total current liabilities	15,365	17,461
Debt and finance lease obligations, less current portion	10,173	10,526
Deferred income tax liabilities	5,280	5,217
Other long-term liabilities	2,292	2,310
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	6,877	6,863
Treasury stock, at cost; 311,978,678 and 301,372,958 common shares	(21,637)	(20,197)
Retained earnings	40,935	38,247
Accumulated other comprehensive loss	(1,205)	(1,359)
Total Valero Energy Corporation stockholders’ equity	24,977	23,561
Noncontrolling interests	2,090	1,907
Total equity	27,067	25,468
Total liabilities and equity	$ 60,177	$ 60,982