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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
Net sales $ 1,516.4 $ 1,468.2 $ 2,947.1 $ 2,909.1
Cost of sales 947.8 890.9 1,861.7 1,759.6
Gross profit 568.6 577.3 1,085.4 1,149.5
Selling, general and administrative expenses 297.9 280.9 582.8 564.1
Amortization of intangibles and other assets 22.0 20.5 43.0 40.0
Restructuring and other special charges 2.0 6.6 9.6 14.1
Operating income 246.7 269.3 450.0 531.3
Other income (expenses):        
Interest expense (25.8) (23.1) (51.5) (47.6)
Equity method income, net 3.7 4.4 6.7 8.7
Investment income 0.4 0.2 0.6 0.4
Other, net 7.5 (0.8) 14.4 (1.4)
Earnings before income taxes 232.5 250.0 420.2 491.4
Provision for income taxes 90.8 97.7 165.0 191.4
Net earnings 141.7 152.3 255.2 300.0
Less: Net earnings attributable to the noncontrolling interest (0.4) (0.4) (0.8) (0.8)
Net earnings attributable to Laboratory Corporation of America Holdings $ 141.3 $ 151.9 $ 254.4 $ 299.2
Basic earnings per common share (in dollars per share) $ 1.67 $ 1.65 $ 3.00 $ 3.24
Diluted earnings per common share (in dollars per share) $ 1.64 $ 1.62 $ 2.94 $ 3.18