Q1 Compute companies return on equity (ROE) for 2016 and 2015. Stockholders equity in 2014 was $20,677 million.

Consolidated balance sheet and statement of incomes are shown below:-

CORPORATION AND SUBSIDIARIES Consolidated Statements of Income 2016 $ 75,659 2015 $ 87,804 65,962 (747) 4,207 715 1,894 56 73,861 790 4,243 710 1,842 0 (Millions of Dollars) Operating revenues Costs and expenses: Cost of sales Refining expenses Retail expenses Ethanol expenses General and administrative expenses Depreciation and amortization expense Asset impairment losses Total costs and expenses Operating income Other income, net Interest and debt expense Income from continuing operations before income tax expense Income tax expense Net income (loss) Less: Net income (loss) attributable to noncontrolling interests Net income attributable to Valero Energy stockholders 72,087 3,572 56 (446) 81,446 6,358 46 (433) 3,182 765 2,417 5,971 1,870 4,101 128 2.289 111 3,990 CORPORATION AND SUBSIDIARIES Consolidated Balance Sheets (Millions of Dollars) Cash and temporary cash investments Receivables, net Inventories Income taxes receivable Prepaid expenses and other Total current assets 2016 $ 4,816 5,901 5,709 58 316 16,800 2015 $ 4,114 4,464 5,898 218 204 14,898 Property, plant and equipment, net Deferred charges and other assets, net Total assets 26,472 2,901 46,173 26,703 2.626 44,227 Current portion of debt and capital lease obligations Accounts payable Accrued expenses Taxes other than income taxes Income taxes payable Total current liabilities 115 6,357 694 1,084 78 8,328 127 4,907 554 1,069 337 6,994 Debt and capital lease obligations, less current portion Deferred income taxes Other long-term liabilities Total liabilities Common stock Additional paid-in capital Treasury stock Retained earnings Accumulated other comprehensive income (loss) Total Valero Energy stockholders' equity Noncontrolling interest Total equity Total liabilities and stockholders' equity 7,886 7,361 1,744 25,319 7 7,088 (12,027) 26,366 (1,410) 20,024 830 20,854 $ 46,173 7,208 7,060 1,611 22,873 7 7,064 (10,799) 25,188 (933) 20,527 827 21,354 $ 44,227