Valero 2015 Annual Report Download - page 3

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CONTENTS
PAGE
PART I
1
Items 1. & 2. Business and Properties 1
Segments 1
Valero’s Operations 2
Environmental Matters 11
Properties 11
Item 1A. Risk Factors 12
Item 1B. Unresolved Staff Comments 18
Item 3. Legal Proceedings 18
Item 4. Mine Safety Disclosures 19
PART II
20
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and
Issuer Purchases of Equity Securities 20
Item 6. Selected Financial Data 23
Item 7. Management’s Discussion and Analysis of Financial Condition and
Results of Operations 24
Item 7A. Quantitative and Qualitative Disclosures About Market Risk 52
Item 8. Financial Statements and Supplementary Data 55
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 126
Item 9A. Controls and Procedures 126
Item 9B. Other Information 126
PART III
127
Item 10. Directors, Executive Officers and Corporate Governance 127
Item 11. Executive Compensation 127
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 127
Item 13. Certain Relationships and Related Transactions, and Director Independence 127
Item 14. Principal Accountant Fees and Services 127
PART IV
127
Item 15. Exhibits and Financial Statement Schedules 127
Signature
131
ii