XML 65 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 187 $ 296
Accounts receivable, net of allowance for doubtful accounts of $236 at both December 31, 2013 and 2012 852 867
Inventories 91 93
Deferred income taxes 148 174
Prepaid expenses and other current assets 105 91
Current assets held for sale 0 40
Total current assets 1,383 1,561
Property, plant and equipment, net 805 756
Goodwill 5,649 5,536
Intangible assets, net 896 872
Other assets 215 205
Non-current assets held for sale 0 354
Total assets 8,948 9,284
Liabilities and Stockholders' Equity    
Accounts payable and accrued expenses 920 1,016
Current portion of long-term debt 212 10
Current liabilities held for sale 0 22
Total current liabilities 1,132 1,048
Long-term debt 3,120 3,354
Other liabilities 723 636
Non-current liabilities held for sale 0 60
Quest Diagnostics stockholders’ equity:    
Common stock, par value $0.01 per share; 600 shares authorized at both December 31, 2013 and 2012; 215 shares issued at both December 31, 2013 and 2012 2 2
Additional paid-in capital 2,379 2,371
Retained earnings 5,358 4,690
Accumulated other comprehensive (loss) income (8) 14
Treasury stock, at cost; 71 shares and 57 shares at December 31, 2013 and 2012, respectively (3,783) (2,914)
Total Quest Diagnostics stockholders' equity 3,948 4,163
Noncontrolling interests 25 23
Total stockholders' equity 3,973 4,186
Total liabilities and stockholders' equity $ 8,948 $ 9,284