XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Debt and Capital Lease Obligations (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2018
Debt and Capital Lease Obligations [Abstract] |
Summary of credit facilities | We had outstanding borrowings, letters of credit issued, and availability under our credit facilities as follows (amounts in millions and currency in U.S. dollars, except as noted):
|  |  |  |  |  | March 31, 2018
|  | Facility Amount |  | Maturity Date |  | Outstanding Borrowings |  | Letters of Credit Issued |  | Availability
Committed facilities: |  |  |  |  |  |  |  |  |  |
Valero Revolver |  | $ | 3,000 |  |  | November 2020 |  | $ | — |  |  | $ | 138 |  |  | $ | 2,862 |
VLP Revolver |  | 750 |  |  | November 2020 |  | — |  |  | — |  |  | 750 |
Canadian Revolver |  | C$ | 75 |  |  | November 2018 |  | C$ | — |  |  | C$ | 6 |  |  | C$ | 69 |
Accounts receivable sales facility |  | 1,300 |  |  | July 2018 |  | 100 |  |  | n/a |  |  | 1,200 |
Letter of credit facility |  | 100 |  |  | November 2018 |  | n/a |  |  | — |  |  | 100 |
Uncommitted facilities: |  |  |  |  |  |  |  |  |  |
Letter of credit facilities |  | n/a |  |  | n/a |  | n/a |  |  | 273 |  |  | n/a |
Interest and debt expense, net of capitalized interest | Interest and debt expense, net of capitalized interest is comprised of the following (in millions):
| Three Months Ended March 31,
| 2018 |  | 2017
Interest and debt expense | $ | 139 |  |  | $ | 134 |
Less capitalized interest | 18 |  |  | 13 |
Interest and debt expense, net of capitalized interest | $ | 121 |  |  | $ | 121 |

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

X
- Definition Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities. + References No definition available. + Details
Name: | us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + 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(b),22(b)) -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 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration