Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Refining, Renewable Diesel, and Ethanol. It produces conventional, premium, and reformulated gasolines; gasoline meeting the specifications of the California Air Resources Board (CARB); diesel fuels, and low-sulfur and ultra-low-sulfur diesel fuels; CARB diesel; other distillates; jet fuels; blendstocks; and asphalts, petrochemicals, lubricants, and other refined petroleum products, as well as sells lube oils and natural gas liquids. As of December 31, 2021, the company owned 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day; and 12 ethanol plants with a combined ethanol production capacity of approximately 1.6 billion gallons per year. It sells its refined products through wholesale rack and bulk markets; and through approximately 7,000 outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also produces and sells ethanol, dry distiller grains, syrup, and inedible corn oil primarily to animal feed customers. In addition, it owns and operates crude oil and refined petroleum products pipelines, terminals, tanks, marine docks, truck rack bays, and other logistics assets; and owns and operates a plant that processes animal fats, used cooking oils, and inedible distillers corn oils into renewable diesel. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.

Valero Energy Corporation

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Total Valero Energy Corporation Stockholders' Equity

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Assets	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Cash and Cash Equivalents	4,537	4,657	5,246	5,424	5,075	4,862
Cash and Cash Equivalents
Cash and Temporary Cash Investments
Total Cash and Cash Equivalents	4,537	4,657	5,246	5,424	5,075	4,862
Accounts Receivable	11,073	10,708	13,145	12,525	10,888	11,919
Receivables, Net
Total Trade Receivables	11,073	10,708	13,145	12,525	10,888	11,919
Inventories	7,538	7,761	8,028	7,583	6,961	6,752
Inventories
Other Current Assets	656	611	696	689	771	600
Income Taxes Receivable
Deferred Income Taxes
Prepaid Expenses and Other
Total Current Assets	23,804	23,737	27,115	26,221	23,695	24,133
Total Current Assets
Net Property, Plant & Equipment	28,236	29,314	29,769	30,209	30,570	30,978
Property, Plant, and Equipment, at Cost
Accumulated Depreciation
Other Long-Term Assets	7,393	7,092	6,731	6,626	6,402	5,871
Deferred Charges and Other Assets, Net
Total Assets	59,433	60,143	63,615	63,056	60,667	60,982
Total Assets

Liabilities	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Accounts Payable	11,499	12,092	14,565	12,567	10,825	12,728
Accounts Payable
Accrued Expenses	1,288	1,130	1,065	1,240	1,117	1,215
Accrued Expenses
Current Portion of Long-Term Debt	382	743	995	1,406	1,193	1,109
Current Portion of Debt and Finance Lease Obligations
Other Current Liabilities	1,508	1,530	1,693	1,589	1,813	2,409
Income Taxes Payable
Taxes Other Than Income Taxes Payable
Deferred Income Taxes
Total Current Liabilities	14,677	15,495	18,318	16,802	14,948	17,461
Total Current Liabilities
Long-Term Debt	10,265	9,720	9,746	10,118	10,130	10,526
Debt and Finance Lease Obligations, Less Current Portion
Other Long-Term Liabilities	7,544	7,407	7,301	7,612	7,595	7,527
Deferred Income Tax Liabilities
Other Long-Term Liabilities
Total Long-Term Liabilities	17,809	17,127	17,047	17,730	17,725	18,053
Total Liabilities	32,486	32,622	35,365	34,532	32,673	35,514

Equity	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Common Stock	7	7	7	7	7	7
Common Stock
Treasury Stock	-28,757	-28,178	-27,373	-25,322	-22,586	-20,197
Treasury Stock, at Cost
Additional Paid-in Capital	6,956	6,939	6,929	6,901	6,889	6,863
Additional Paid-in Capital
Accumulated Other Comprehensive Income	-553	-1,272	-1,172	-870	-971	-1,359
Accumulated Other Comprehensive Loss
Retained Earnings	46,425	47,016	47,052	45,630	42,512	38,247
Retained Earnings
Total Common Shareholders' Equity	24,078	24,512	25,443	26,346	25,851	23,561
Total Valero Energy Corporation Stockholders' Equity
Minority Interests and Other	2,869	3,009	2,807	2,178	2,143	1,907
Noncontrolling Interests
Total Shareholders' Equity	26,947	27,521	28,250	28,524	27,994	25,468
Total Equity
Total Liabilities and Shareholders' Equity	59,433	60,143	63,615	63,056	60,667	60,982
Total Liabilities and Equity