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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue, Net $ 2,295.2 $ 1,772.3
Reimbursement Revenue 72.8 20.9
Revenues 2,368.0 1,793.2
Cost of sales 1,517.9 1,147.2
Cost of Reimbursable Expense 72.8 20.9
Cost of Revenue 1,590.7 1,168.1
Gross profit 777.3 625.1
Selling, general and administrative expenses 411.9 442.3
Amortization of intangibles and other assets 44.3 31.1
Net restructuring and other special charges 19.2 19.3
Operating Income (Loss) 301.9 132.4
Other income (expenses):    
Interest expense (54.5) (104.3)
Equity method income, net 1.4 2.7
Investment income 0.5 0.6
Other, net 6.7 1.1
Earnings before income taxes 256.0 32.5
Provision for income taxes 95.5 29.1
Net earnings 160.5 3.4
Less: Net earnings attributable to the noncontrolling interest (0.3) (0.3)
Net earnings attributable to Laboratory Corporation of America Holdings $ 160.2 $ 3.1
Basic earnings per common share (in dollars per share) $ 1.58 $ 0.04
Diluted earnings per common share (in dollars per share) $ 1.55 $ 0.04
Covance [Member]    
Revenues $ 2,146.4  
Operating Income (Loss) 272.4  
Other income (expenses):    
Net earnings attributable to Laboratory Corporation of America Holdings $ 125.1