XML 72 R55.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Debt and Capital Lease Obligations (Details) - USD ($) $ in Millions | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015
--- | --- | --- | ---
Debt Instruments [Abstract] |  |  |
Net unamortized debt issuance costs and other | $ (73) | $ (79) |
Total debt | 8,310 | 7,926 |
Capital lease obligations | 562 | 75 |
Total debt and capital lease obligations | 8,872 | 8,001 |
Less current portion | 122 | 115 |
Debt and capital lease obligations, less current portion | 8,750 | 7,886 |
Credit Facilities [Member] | Valero Revolver [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | 0 | 0 |
Credit Facilities [Member] | VLP Revolver [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | 410 | 30 |
Credit Facilities [Member] | Canadian Revolver [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | 0 | 0 |
Credit Facilities [Member] | Accounts Receivable Sales Facility [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | 100 | 100 |
Senior Notes [Member] | Senior Notes Due In June 2037 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 1,500 | 1,500 |
Interest rate of notes (percent) | 6.625% |  |
Senior Notes [Member] | Senior Notes Due in 2026 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 1,250 | $ 1,250 |
Interest rate of notes (percent) | 3.40% | 3.40% |
Senior Notes [Member] | Senior Notes Due In 2020 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 850 | $ 850 |
Interest rate of notes (percent) | 6.125% |  |
Senior Notes [Member] | Senior Notes Due In 2019 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 750 | 750 |
Interest rate of notes (percent) | 9.375% |  |
Senior Notes [Member] | Senior Notes Due In 2032 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 750 | 750 |
Interest rate of notes (percent) | 7.50% |  |
Senior Notes [Member] | Senior Notes Due in 2045 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 650 | 650 |
Interest rate of notes (percent) | 4.90% |  | 4.90%
Senior Notes [Member] | Senior Notes Due in 2025 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 600 | 600 |
Interest rate of notes (percent) | 3.65% |  | 3.65%
Senior Notes [Member] | Senior Notes Due In 2039 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 250 | 250 |
Interest rate of notes (percent) | 10.50% |  |
Senior Notes [Member] | Senior Notes Due In 2030 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 200 | 200 |
Interest rate of notes (percent) | 8.75% |  |
Senior Notes [Member] | Senior Notes Due In 2097 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 100 | 100 |
Interest rate of notes (percent) | 7.45% |  |
Senior Notes [Member] | Senior Notes Due In 2037 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 24 | 24 |
Interest rate of notes (percent) | 6.75% |  |
Senior Notes [Member] | VLP Senior Notes Due in 2026 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 500 | $ 500 |
Interest rate of notes (percent) | 4.375% | 4.375% |
Revenue Bonds [Member] | Gulf Opportunity Zone Revenue Bonds Series 2010 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 300 | $ 300 |
Interest rate of notes (percent) | 4.00% |  |
Debentures [Member] | Debenture Due In 2026 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 100 | 100 |
Interest rate of notes (percent) | 7.65% |  |
Secured Debt [Member] | Senior Secured Credit Agreement Due in 2023 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Long-term debt at stated values | $ 49 | $ 51 |

X
- Definition Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal through the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84164817&loc=d3e45280-112737 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_CapitalLeaseObligations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Sum of the carrying values as of the balance sheet date of all debt, including all short-term borrowings, long-term debt, and capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13,16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_DebtAndCapitalLeaseObligations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of short-term debt and current maturity of long-term debt and capital lease obligations due within one year or the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of unamortized debt discount (premium) and debt issuance costs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28555-108399 + Details
Name: | us-gaap_DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_DebtInstrumentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt and capital lease obligation due after one year or beyond the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtAndCapitalLeaseObligations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_ValeroRevolverMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_VLPRevolverMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_CanadianRevolverMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_ARSalesFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDueInJune2037Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDuein2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDueIn2020Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDueInMarch2019Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDueIn2032Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDuein2045Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDuein2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDueInMarch2039Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDueIn2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDueIn2097Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDueIn2037Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_VLPSeniorNotesDuein2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_BondsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_GulfOpportunityZoneRevenueBondsSeries2010Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_NotesPayableOtherPayablesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_DebentureDueIn2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorSecuredCreditAgreementDuein2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |