XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 367 $ 359
Accounts receivable, net of allowance for doubtful accounts of $275 and $265 as of March 31, 2017 and December 31, 2016, respectively 960 926
Inventories 77 82
Prepaid expenses and other current assets 154 164
Total current assets 1,558 1,531
Property, plant and equipment, net 1,027 1,029
Goodwill 6,001 6,000
Intangible assets, net 933 949
Investment in equity method investees 443 443
Other assets 147 148
Total assets 10,109 10,100
Liabilities and Stockholders' Equity    
Accounts payable and accrued expenses 979 975
Current portion of long-term debt 6 6
Total current liabilities 985 981
Long-term debt 3,725 3,728
Other liabilities 658 654
Commitments and contingencies
Redeemable noncontrolling interest 78 77
Quest Diagnostics stockholders’ equity:    
Common stock, par value $0.01 per share; 600 shares authorized as of both March 31, 2017 and December 31, 2016; 216 shares issued as of both March 31, 2017 and December 31, 2016 2 2
Additional paid-in capital 2,542 2,545
Retained earnings 6,715 6,613
Accumulated other comprehensive loss (68) (72)
Treasury stock, at cost; 79 shares as of both March 31, 2017 and December 31, 2016 (4,561) (4,460)
Total Quest Diagnostics stockholders' equity 4,630 4,628
Noncontrolling interests 33 32
Total stockholders' equity 4,663 4,660
Total liabilities and stockholders' equity $ 10,109 $ 10,100