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Earnings Per Common Share (Tables) | 6 Months Ended
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Jun. 30, 2019
Earnings Per Share [Abstract] |
Schedule of earnings per common share, basic and diluted | Earnings per common share were computed as follows (dollars and shares in millions, except per share amounts):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Earnings per common share: |  |  |  |  |  |  |
Net income attributable to Valero stockholders | $ | 612 |  |  | $ | 845 |  |  | $ | 753 |  |  | $ | 1,314 |
Less income allocated to participating securities | 2 |  |  | 3 |  |  | 2 |  |  | 4 |
Net income available to common stockholders | $ | 610 |  |  | $ | 842 |  |  | $ | 751 |  |  | $ | 1,310 |
Weighted-average common shares outstanding | 415 |  |  | 429 |  |  | 416 |  |  | 430 |
Earnings per common share | $ | 1.47 |  |  | $ | 1.96 |  |  | $ | 1.80 |  |  | $ | 3.05 |
Earnings per common share – assuming dilution: |  |  |  |  |  |  |
Net income attributable to Valero stockholders | $ | 612 |  |  | $ | 845 |  |  | $ | 753 |  |  | $ | 1,314 |
Weighted-average common shares outstanding | 415 |  |  | 429 |  |  | 416 |  |  | 430 |
Effect of dilutive securities | 2 |  |  | 2 |  |  | 1 |  |  | 2 |
Weighted-average common shares outstanding – assuming dilution | 417 |  |  | 431 |  |  | 417 |  |  | 432 |
Earnings per common share – assuming dilution | $ | 1.47 |  |  | $ | 1.96 |  |  | $ | 1.80 |  |  | $ | 3.04 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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