XML 40 R29.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of earnings per common share, basic and diluted
Earnings per common share was computed as follows (dollars and shares in millions, except per share amounts):
Three Months Ended
March 31,
20242023
Earnings per common share:
Net income attributable to Valero stockholders
$1,245 $3,067 
Less: Income allocated to participating securities10 
Net income available to common stockholders$1,242 $3,057 
Weighted-average common shares outstanding331 369 
Earnings per common share$3.75 $8.30 
Earnings per common share – assuming dilution:
Net income attributable to Valero stockholders
$1,245 $3,067 
Less: Income allocated to participating securities10 
Net income available to common stockholders$1,242 $3,057 
Weighted-average common shares outstanding331 369 
Effect of dilutive securities— — 
Weighted-average common shares outstanding –
assuming dilution
331 369 
Earnings per common share – assuming dilution$3.75 $8.29