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Earnings Per Common Share (Details) (USD $) In Millions, except Per Share data, unless otherwise specified | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013
Earnings per common share from continuing operations: |  |  |  |
Net income attributable to Valero stockholders from continuing operations | $ 1,059 | $ 312 | $ 2,539 | $ 1,426
Less dividends paid: |  |  |  |
Weighted-average common shares outstanding (in shares) | 526 | 540 | 529 | 544
Earnings per common share from continuing operations: |  |  |  |
Total earnings per common share from continuing operations (in usd per share) | $ 2.01 | $ 0.58 | $ 4.78 | $ 2.61
Earnings per common share from continuing operations – assuming dilution: |  |  |  |
Net income attributable to Valero stockholders from continuing operations | 1,059 | 312 | 2,539 | 1,426
Weighted-average common shares outstanding (in shares) | 526 | 540 | 529 | 544
Common equivalent shares: |  |  |  |
Weighted-average common shares outstanding – assuming dilution (in shares) | 530 | 545 | 533 | 549
Earnings per common share from continuing operations – assuming dilution (in usd per share) | $ 2.00 | $ 0.57 | $ 4.76 | $ 2.60
Common Stock [Member] |  |  |  |
Earnings per common share from continuing operations: |  |  |  |
Net income attributable to Valero stockholders from continuing operations | 1,059 | 312 | 2,539 | 1,426
Less dividends paid: |  |  |  |
Common stock | 145 | 121 | 410 | 340
Nonvested restricted stock | 0 | 1 | 1 | 2
Undistributed earnings | 914 | 190 | 2,128 | 1,084
Weighted-average common shares outstanding (in shares) | 526 | 540 | 529 | 544
Earnings per common share from continuing operations: |  |  |  |
Distributed earnings (in usd per share) | $ 0.28 | $ 0.23 | $ 0.77 | $ 0.63
Undistributed earnings (in usd per share) | $ 1.73 | $ 0.35 | $ 4.01 | $ 1.98
Total earnings per common share from continuing operations (in usd per share) | $ 2.01 | $ 0.58 | $ 4.78 | $ 2.61
Earnings per common share from continuing operations – assuming dilution: |  |  |  |
Net income attributable to Valero stockholders from continuing operations | $ 1,059 | $ 312 | $ 2,539 | $ 1,426
Weighted-average common shares outstanding (in shares) | 526 | 540 | 529 | 544
Common equivalent shares: |  |  |  |
Stock options (in shares) | 2 | 3 | 3 | 3
Performance awards and nonvested restricted stock (in shares) | 2 | 2 | 1 | 2
Weighted-average common shares outstanding – assuming dilution (in shares) | 530 | 545 | 533 | 549
Earnings per common share from continuing operations – assuming dilution (in usd per share) | $ 2.00 | $ 0.57 | $ 4.76 | $ 2.60
Restricted Stock [Member] |  |  |  |
Less dividends paid: |  |  |  |
Weighted-average common shares outstanding (in shares) | 2 | 3 | 2 | 3
Earnings per common share from continuing operations: |  |  |  |
Distributed earnings (in usd per share) | $ 0.28 | $ 0.23 | $ 0.77 | $ 0.63
Undistributed earnings (in usd per share) | $ 1.73 | $ 0.35 | $ 4.01 | $ 1.98
Total earnings per common share from continuing operations (in usd per share) | $ 2.01 | $ 0.58 | $ 4.78 | $ 2.61
Earnings per common share from continuing operations – assuming dilution: |  |  |  |
Weighted-average common shares outstanding (in shares) | 2 | 3 | 2 | 3

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