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QUARTERLY DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY DATA (UNAUDITED)
QUARTERLY DATA (UNAUDITED)

The following is a summary of unaudited quarterly data:
 
Year ended December 31, 2013
 
1st
Quarter
 
2nd
Quarter
 
3rd
Quarter
 
4th
Quarter
 
Full
Year
Net sales
$
1,440.9

 
$
1,468.2

 
$
1,462.2

 
$
1,437.0

 
$
5,808.3

Gross profit
572.2

 
577.3

 
547.6

 
526.1

 
2,223.2

Net earnings attributable to Laboratory Corporation of America Holdings
147.2

 
151.9

 
148.3

 
126.4

 
573.8

Basic earnings per common share
1.58

 
1.65

 
1.66

 
1.46

 
6.36

Diluted earnings per common share
1.56

 
1.62

 
1.63

 
1.43

 
6.25


 
Year ended December 31, 2012
 
1st
Quarter
 
2nd
Quarter
 
3rd
Quarter
 
4th
Quarter
 
Full
Year
Net sales
$
1,423.3

 
$
1,423.4

 
$
1,419.4

 
$
1,405.3

 
$
5,671.4

Gross profit
576.1

 
579.5

 
556.1

 
538.0

 
2,249.7

Net earnings attributable to Laboratory Corporation of America Holdings
161.6

 
153.3

 
148.0

 
120.2

 
583.1

Basic earnings per common share
1.66

 
1.59

 
1.56

 
1.28

 
6.09

Diluted earnings per common share
1.63

 
1.56

 
1.53

 
1.26

 
5.99