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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Common Share, Basic and Diluted
Earnings per common share was computed as follows (dollars and shares in millions, except per share amounts):
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
Earnings per common share:
Net income attributable to Valero stockholders
$880 $1,944 $2,125 $5,011 
Less: Income allocated to participating securities16 
Net income available to common stockholders$877 $1,938 $2,119 $4,995 
Weighted-average common shares outstanding324 358 327 363 
Earnings per common share$2.71 $5.41 $6.47 $13.75 
Earnings per common share – assuming dilution:
Net income attributable to Valero stockholders
$880 $1,944 $2,125 $5,011 
Less: Income allocated to participating securities16 
Net income available to common stockholders$877 $1,938 $2,119 $4,995 
Weighted-average common shares outstanding324 358 327 363 
Effect of dilutive securities— — — — 
Weighted-average common shares outstanding –
assuming dilution
324 358 327 363 
Earnings per common share – assuming dilution$2.71 $5.40 $6.47 $13.74