XML 46 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and temporary cash investments $ 1,908 $ 1,723
Receivables, net 9,126 8,167
Inventories 7,063 5,973
Income taxes receivable 108 169
Deferred income taxes 257 274
Prepaid expenses and other 131 154
Total current assets 18,593 16,460
Property, plant and equipment, at cost 33,652 34,132
Accumulated depreciation (8,010) (7,832)
Property, plant and equipment, net 25,642 26,300
Intangible assets, net 160 213
Deferred charges and other assets, net 1,898 1,504
Total assets 46,293 44,477
Current liabilities:    
Current portion of debt and capital lease obligations 303 586
Accounts payable 10,998 9,348
Accrued expenses 598 590
Taxes other than income taxes 1,287 1,026
Income taxes payable 96 1
Deferred income taxes 386 378
Total current liabilities 13,668 11,929
Debt and capital lease obligations, less current portion 6,261 6,463
Deferred income taxes 6,312 5,860
Other long-term liabilities 1,665 2,130
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 7,232 7,322
Treasury stock, at cost; 131,876,124 and 121,406,520 common shares (6,856) (6,437)
Retained earnings 17,804 17,032
Accumulated other comprehensive income 83 108
Total Valero Energy Corporation stockholders’ equity 18,270 18,032
Noncontrolling interests 117 63
Total equity 18,387 18,095
Total liabilities and equity $ 46,293 $ 44,477