Component: (Network and Table) | |
---|---|
Network | 2411402 - Disclosure - Inventories (Details) (http://www.valero.com/role/InventoriesDetails) |
Table | (Implied) |
Reporting Entity [Axis] | 0001035002 (http://www.sec.gov/CIK) |
Inventory Disclosure [Abstract] | Period [Axis] | |||||
---|---|---|---|---|---|---|
2016-04-01 - 2016-06-30 | 2016-01-01 - 2016-12-31 | 2016-01-01 - 2016-03-31 | 2015-10-01 - 2015-12-31 | 2015-01-01 - 2015-12-31 | 2014-01-01 - 2014-12-31 | |
Inventory Disclosure [Abstract] | ||||||
Schedule of Inventories | ||||||
Refinery feedstocks | 2,404,000,000 | |||||
Refined petroleum products and blendstocks | 3,774,000,000 | |||||
Ethanol feedstocks and products | 242,000,000 | |||||
Materials and supplies | 244,000,000 | |||||
Inventories, before lower of cost or market inventory valuation reserve | 6,664,000,000 | |||||
Lower of cost or market inventory valuation reserve | ( | (766,000,000) | ||||
Inventories | 5,709,000,000 | 5,898,000,000 | 5,898,000,000 | |||
Inventories (Textual) | ||||||
Lower of cost or market inventory valuation reserve | 0 | 766,000,000 | 766,000,000 | |||
Lower of cost or market inventory valuation adjustment | 747,000,000 | ( | (790,000,000) | 0 | ||
Effect of LIFO inventory liquidation on income | ||||||
Excess of market value over carrying amount of LIFO inventories | ||||||
Inventory not valued at LIFO | 668,000,000 |