For the quarter ending 2025-09-30, VLO had $229M increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net income | 1,066 | 663 | -652 | 357 |
| Depreciation and amortization expense | 836 | 814 | 691 | 698 |
| Gain on early retirement of debt, net | - | - | - | 0 |
| Asset impairment loss | 0 | 0 | 1,131 | 0 |
| Deferred income tax benefit | -29 | 65 | -324 | -9 |
| Changes in current assets and current liabilities | -325 | 325 | -157 | 0 |
| Changes in deferred charges and credits and other operating activities, net | 317 | 281 | 51 | -24 |
| Net cash provided by operating activities | 1,881 | 936 | 952 | 1,070 |
| Capital expenditures-Consolidated Entity Excluding Variable Interest Entities VIE | 171 | 144 | 189 | 250 |
| Capital expenditures-Variable Interest Entity Primary Beneficiary Diamond Green Diesel Holdings LLC | 4 | 4 | 59 | 52 |
| Capital expenditures-Variable Interest Entity Primary Beneficiary Other Variable Interest Entities | 2 | 2 | 1 | 1 |
| Deferred turnaround and catalyst cost expenditures-Consolidated Entity Excluding Variable Interest Entities VIE | 187 | 247 | 374 | 235 |
| Deferred turnaround and catalyst cost expenditures-Variable Interest Entity Primary Beneficiary Diamond Green Diesel Holdings LLC | 45 | 10 | 36 | 9 |
| Purchases of available-for-sale (afs) debt securities | 6 | 7 | 5 | 12 |
| Proceeds from sales and maturities of afs debt securities | 8 | 7 | 9 | 2 |
| Proceeds from sale of assets | - | - | - | 0 |
| Investments in nonconsolidated joint ventures | 0 | 0 | 1 | 0 |
| Other investing activities, net | -28 | 5 | -21 | -13 |
| Net cash used in investing activities | -379 | -412 | -635 | -544 |
| Proceeds from debt issuance and borrowings-Consolidated Entity Excluding Variable Interest Entities VIE | 850 | 2,300 | 2,449 | 1,500 |
| Proceeds from debt issuance and borrowings-Variable Interest Entity Primary Beneficiary Diamond Green Diesel Holdings LLC | 100 | 250 | 50 | 160 |
| Proceeds from debt borrowings of other vies-Variable Interest Entity Primary Beneficiary Other Variable Interest Entities | 0 | 0 | 0 | 4 |
| Repayments of debt and finance lease obligations-Consolidated Entity Excluding Variable Interest Entities VIE | 910 | 2,609 | 2,047 | 1,565 |
| Repayments of debt and finance lease obligations-Variable Interest Entity Primary Beneficiary Diamond Green Diesel Holdings LLC | 107 | 156 | 57 | 167 |
| Repayments of debt and finance lease obligations-Variable Interest Entity Primary Beneficiary Other Variable Interest Entities | 6 | 9 | 12 | 0 |
| Premiums paid on early retirement of debt | - | - | - | 0 |
| Purchases of common stock for treasury | 922 | 338 | 274 | 259 |
| Payment of excise tax on purchases of common stock for treasury | 0 | 28 | - | 49 |
| Common stock dividend payments | 351 | 354 | 356 | 339 |
| Contributions from noncontrolling interests | 148 | 97 | 0 | 0 |
| Distributions to noncontrolling interests | 0 | 2 | 129 | 69 |
| Other financing activities, net | -1 | 0 | -6 | 0 |
| Net cash used in financing activities | -1,199 | -849 | -382 | -784 |
| Effect of foreign exchange rate changes on cash | -74 | 230 | 43 | -267 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 229 | -95 | -22 | -525 |
| Cash and cash equivalents at beginning of period | 4,712 | 4,807 | 4,829 | 5,354 |
| Cash and cash equivalents at end of period | 4,941 | 4,712 | 4,807 | 4,829 |
VALERO ENERGY CORP TX (VLO)
VALERO ENERGY CORP TX (VLO)