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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Income Statement [Abstract]      
Net sales $ 5,542.3 $ 5,003.9 $ 4,694.7
Cost of sales 3,267.6 2,906.1 2,723.8
Gross profit 2,274.7 2,097.8 1,970.9
Selling, general and administrative expenses 1,159.6 1,034.3 958.9
Amortization of intangibles and other assets 85.8 72.7 62.6
Restructuring and other special charges 80.9 12.0 13.5
Operating income 948.4 978.8 935.9
Other income (expenses):      
Interest expense (87.5) (70.0) (62.9)
Equity method income, net 9.5 10.6 13.8
Investment income 1.3 1.1 1.6
Other, net (5.6) (4.9) (3.8)
Earnings before income taxes 866.1 915.6 884.6
Provision for income taxes 333.0 344.0 329.0
Net earnings 533.1 571.6 555.6
Less: Net earnings attributable to the noncontrolling interest (13.4) (13.4) (12.3)
Net earnings attributable to Laboratory Corporation of America Holdings $ 519.7 $ 558.2 $ 543.3
Basic earnings per common share (in dollars per share) $ 5.20 $ 5.42 $ 5.06
Diluted earnings per common share (in dollars per share) $ 5.11 $ 5.29 $ 4.98