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QUARTERLY DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY DATA (UNAUDITED)
QUARTERLY DATA (UNAUDITED)

The following is a summary of unaudited quarterly data:
 
Year ended December 31, 2015
 
1st
Quarter
 
2nd
Quarter
 
3rd
Quarter
 
4th
Quarter
 
Full
Year
Net earnings
$
1,772.3

 
$
2,218.7

 
$
2,269.9

 
$
2,244.8

 
$
8,505.7

Gross profit
625.1

 
774.6

 
762.9

 
740.7

 
2,903.3

Net earnings attributable to Laboratory Corporation of America Holdings
1.5

 
168.4

 
152.8

 
114.2

 
436.9

Basic earnings per common share
0.02

 
1.67

 
1.51

 
1.13

 
4.42

Diluted earnings per common share
0.02

 
1.64

 
1.49

 
1.11

 
4.34

The quarterly data above reflects all measurement period adjustments as of the Acquisition Date.

 
Year ended December 31, 2014
 
1st
Quarter
 
2nd
Quarter
 
3rd
Quarter
 
4th
Quarter
 
Full
Year
Net earnings
$
1,430.7

 
$
1,516.4

 
$
1,551.8

 
$
1,512.7

 
$
6,011.6

Gross profit
516.8

 
568.6

 
571.2

 
546.5

 
2,203.1

Net earnings attributable to Laboratory Corporation of America Holdings
113.1

 
141.3

 
137.2

 
119.6

 
511.2

Basic earnings per common share
1.33

 
1.67

 
1.62

 
1.41

 
6.03

Diluted earnings per common share
1.31

 
1.64

 
1.59

 
1.37

 
5.91