Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues	[1]	$ 144,766	$ 176,383	$ 113,977
Cost of sales:
Cost of materials and other	[2]	123,087	150,770	102,714
Operating expenses (excluding depreciation and amortization expense reflected below)		6,089	6,389	5,776
Depreciation and amortization expense		2,658	2,428	2,358
Total cost of sales		131,834	159,587	110,848
Asset impairment loss		0	61	0
Other operating expenses		33	66	87
General and administrative expenses (excluding depreciation and amortization expense reflected below)		998	934	865
Depreciation and amortization expense		43	45	47
Operating income		11,858	15,690	2,130
Other income, net		502	179	16
Interest and debt expense, net of capitalized interest		(592)	(562)	(603)
Income before income tax expense		11,768	15,307	1,543
Income tax expense		2,619	3,428	255
Net income		9,149	11,879	1,288
Less: Net income attributable to noncontrolling interests		314	351	358
Net income attributable to Valero Energy Corporation stockholders		$ 8,835	$ 11,528	$ 930
Earnings per common share (in dollars per share)		$ 24.93	$ 29.05	$ 2.27
Weighted-average common shares outstanding (shares)		353	395	407
Earnings per common share – assuming dilution (in dollars per share)		$ 24.92	$ 29.04	$ 2.27
Weighted-average common shares outstanding – assuming dilution (shares)		353	396	407
Supplemental information:
Includes excise taxes on sales by certain of our foreign operations		$ 5,765	$ 5,194	$ 5,645

[1] Includes excise taxes on sales by certain of our foreign operations of $5,765 million, $5,194 million, and $5,645 million for the years ended December 31, 2023, 2022, and 2021.

[2] Cost of materials and other for our Renewable Diesel segment is net of the blender’s tax credit on qualified fuel mixtures of $1.2 billion, $761 million, and $371 million for the years ended December 31, 2023, 2022, and 2021, respectively.