XML 46 R36.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Debt, Public Debt (Details) - USD ($) | 1 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2022 | Jun. 30, 2022 | Feb. 28, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021
Public Debt (Textual) |  |  |  |  |  |
Gain (loss) on early retirement of debt |  |  |  |  | $ (24,000,000) | $ 0
Premiums paid |  |  |  |  | $ 48,000,000 | $ 0
Senior Notes [Member] |  |  |  |  |  |
Debt Purchased and Retired |  |  |  |  |  |
Debt purchased and retired amount | $ 1,250,000,000 |  | $ 1,400,000,000 |  |  |
Public Debt (Textual) |  |  |  |  |  |
Gain (loss) on early retirement of debt | 26,000,000 |  | (50,000,000) |  |  |
Discount on debt repayments | $ 36,000,000 |  |  |  |  |
Premiums paid |  |  | $ 48,000,000 |  |  |
Senior Notes [Member] | 3.65% Valero Senior Notes Due in 2025 [Member] |  |  |  |  |  |
Debt Purchased and Retired |  |  |  |  |  |
Interest rate of notes (percent) | 3.65% |  | 3.65% |  | 3.65% |
Debt purchased and retired amount | $ 48,000,000 |  | $ 72,000,000 |  |  |
Senior Notes [Member] | 2.850% Valero Senior Notes Due in 2025 [Member] |  |  |  |  |  |
Debt Purchased and Retired |  |  |  |  |  |
Interest rate of notes (percent) | 2.85% |  | 2.85% |  | 2.85% |
Debt purchased and retired amount | $ 291,000,000 |  | $ 507,000,000 |  |  |
Senior Notes [Member] | 4.375% VLP Senior Notes Due in 2026 [Member] |  |  |  |  |  |
Debt Purchased and Retired |  |  |  |  |  |
Interest rate of notes (percent) | 4.375% |  | 4.375% |  | 4.375% |
Debt purchased and retired amount | $ 62,000,000 |  | $ 168,000,000 |  |  |
Senior Notes [Member] | 3.400% Valero Senior Notes Due in 2026 [Member] |  |  |  |  |  |
Debt Purchased and Retired |  |  |  |  |  |
Interest rate of notes (percent) | 3.40% |  | 3.40% |  | 3.40% |
Debt purchased and retired amount | $ 166,000,000 |  | $ 653,000,000 |  |  |
Senior Notes [Member] | 4.350% Valero Senior Notes Due in 2028 [Member] |  |  |  |  |  |
Debt Purchased and Retired |  |  |  |  |  |
Interest rate of notes (percent) | 4.35% |  |  |  | 4.35% |
Debt purchased and retired amount | $ 131,000,000 |  |  |  |  |
Senior Notes [Member] | 4.000% Valero Senior Notes Due in 2029 [Member] |  |  |  |  |  |
Debt Purchased and Retired |  |  |  |  |  |
Interest rate of notes (percent) | 4.00% |  |  |  | 4.00% |
Debt purchased and retired amount | $ 552,000,000 |  |  |  |  |
Senior Notes [Member] | 4.000% Valero Senior Notes Due June 1, 2052 [Member] |  |  |  |  |  |
Debt Purchased and Retired |  |  |  |  |  |
Interest rate of notes (percent) |  |  | 4.00% |  |  |
Public Debt (Textual) |  |  |  |  |  |
Face amount of long-term debt issuance |  |  | $ 650,000,000 |  |  |
Proceeds from issuance of senior long-term debt |  |  | $ 639,000,000 |  |  |
Senior Notes [Member] | Floating Rate Senior Notes Due September 15, 2023 [Member] |  |  |  |  |  |
Debt Purchased and Retired |  |  |  |  |  |
Debt purchased and retired amount |  |  |  | $ 575,000,000 |  |
Bonds [Member] | Gulf Opportunity Zone Revenue Bonds Series 2010 Due in 2040 [Member] |  |  |  |  |  |
Debt Purchased and Retired |  |  |  |  |  |
Interest rate of notes (percent) |  | 4.00% |  |  |  |
Public Debt (Textual) |  |  |  |  |  |
Repayments of long-term debt |  | $ 300,000,000 |  |  |  |

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
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 The cash outflow for the extinguishment of long-term borrowing, with the highest claim on the assets of the entity in case of bankruptcy or liquidation, before its maturity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3291-108585 + Details
Name: | us-gaap_EarlyRepaymentOfSeniorDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

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

X
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=126972273&loc=d3e12355-112629 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=126972273&loc=d3e12317-112629 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585 + Details
Name: | us-gaap_GainsLossesOnExtinguishmentOfDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of cash outflow for cost from early extinguishment and prepayment of debt. Includes, but is not limited to, third-party cost, premium paid, and other fee paid to lender directly for debt extinguishment or debt prepayment. Excludes accrued interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfDebtExtinguishmentCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash inflow from a borrowing with the highest claim on the assets of the entity in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle, if longer). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3291-108585 + Details
Name: | us-gaap_RepaymentsOfLongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of discount from early extinguishment and prepayment of debt. + References No definition available. + Details
Name: | vlo_DiscountOnDebtRepayments
Namespace Prefix: | vlo_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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_SeniorNotesDueIn2025365Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDueIn2025285Member
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_DebtInstrumentAxis=vlo_SeniorNotesDuein2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDueIn2028Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDueIn2029Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_SeniorNotesDueIn2052Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vlo_FloatingRateSeniorNotesDueIn2023Member
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_GulfOpportunityZoneRevenueBondsSeries2010DueIn2040Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |