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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Income Statement [Abstract]        
Net sales $ 1,419.4 $ 1,404.5 $ 4,266.1 $ 4,176.2
Cost of sales 863.3 836.0 2,554.4 2,451.1
Gross profit 556.1 568.5 1,711.7 1,725.1
Selling, general and administrative expenses 285.1 283.8 835.8 889.3
Amortization of intangibles and other assets 21.1 21.2 63.1 64.6
Restructuring and other special charges 4.8 24.1 4.6 70.3
Operating income 245.1 239.4 808.2 700.9
Other income (expenses):        
Interest expense (24.1) (20.3) (66.9) (65.3)
Equity method income, net 5.1 2.5 17.4 6.6
Investment income 0.3 0.2 0.7 0.7
Other, net 0.5 (1.7) (6.7) (1.8)
Earnings before income taxes 226.9 220.1 752.7 641.1
Provision for income taxes 78.5 82.5 288.5 246.2
Net earnings 148.4 137.6 464.2 394.9
Less: Net earnings attributable to the noncontrolling interest (0.4) (3.3) (1.3) (10.6)
Net earnings attributable to Laboratory Corporation of America Holdings $ 148.0 $ 134.3 $ 462.9 $ 384.3
Basic earnings per common share (in dollars per share) $ 1.56 $ 1.34 $ 4.81 $ 3.82
Diluted earnings per common share (in dollars per share) $ 1.53 $ 1.31 $ 4.72 $ 3.76