XML 17 R6.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Equity (unaudited) - USD ($)
$ in Millions
Total
Valero Energy Corporation Stockholders' Equity [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Loss [Member]
Non-controlling Interests [Member]
Balance as of beginning of period at Dec. 31, 2022 $ 25,468 $ 23,561 $ 7 $ 6,863 $ (20,197) $ 38,247 $ (1,359) $ 1,907
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income 7,931 7,633       7,633   298
Dividends on common stock (1,106) (1,106)       (1,106)    
Stock-based compensation expense 68 68   68        
Transactions in connection with stock-based compensation plans 7 7   (31) 38      
Purchases of common stock for treasury (4,222) (4,222)     (4,222)      
Contributions from noncontrolling interests 75             75
Distributions to noncontrolling interests (164)             (164)
Other comprehensive income (loss) 0 34         34 (34)
Balance as of end of period at Sep. 30, 2023 28,057 25,975 7 6,900 (24,381) 44,774 (1,325) 2,082
Balance as of beginning of period at Jun. 30, 2023 27,994 25,851 7 6,889 (22,586) 42,512 (971) 2,143
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income 2,663 2,622       2,622   41
Dividends on common stock (360) (360)       (360)    
Stock-based compensation expense 15 15   15        
Transactions in connection with stock-based compensation plans 6 6   (4) 10      
Purchases of common stock for treasury (1,805) (1,805)     (1,805)      
Distributions to noncontrolling interests (63)             (63)
Other comprehensive income (loss) (393) (354)         (354) (39)
Balance as of end of period at Sep. 30, 2023 28,057 25,975 7 6,900 (24,381) 44,774 (1,325) 2,082
Balance as of beginning of period at Dec. 31, 2023 28,524 26,346 7 6,901 (25,322) 45,630 (870) 2,178
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income 2,649 2,489       2,489   160
Dividends on common stock (1,045) (1,045)       (1,045)    
Stock-based compensation expense 63 63   63        
Transactions in connection with stock-based compensation plans 1 1   (24) 25      
Purchases of common stock for treasury (2,641) (2,641)     (2,641)      
Contributions from noncontrolling interests 90             90
Distributions to noncontrolling interests (113)             (113)
Conversion of IEnova Revolver debt to equity (see Notes 4 and 6) 457             457
Other comprehensive income (loss) 15 40         40 (25)
Balance as of end of period at Sep. 30, 2024 28,000 25,253 7 6,940 (27,938) 47,074 (830) 2,747
Balance as of beginning of period at Jun. 30, 2024 28,250 25,443 7 6,929 (27,373) 47,052 (1,172) 2,807
Increase (Decrease) in Stockholders' Equity Roll Forward                
Net income 393 364       364   29
Dividends on common stock (342) (342)       (342)    
Stock-based compensation expense 11 11   11        
Purchases of common stock for treasury (565) (565)     (565)      
Distributions to noncontrolling interests (111)             (111)
Other comprehensive income (loss) 364 342         342 22
Balance as of end of period at Sep. 30, 2024 $ 28,000 $ 25,253 $ 7 $ 6,940 $ (27,938) $ 47,074 $ (830) $ 2,747