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BUSINESS SEGMENT INFORMATION Business Segment information (Notes)
 9 Months Ended
Sep. 30, 2017
Segment Reporting Information [Line Items]  
Segment Reporting Disclosure [Text Block]
BUSINESS SEGMENT INFORMATION
The following table is a summary of segment information for the three and nine months ended September 30, 2017 and 2016. The management approach has been used to present the following segment information. This approach is based upon the way the management of the Company organizes its business unit operations for making operating decisions and assessing performance. Financial information is reported on the basis that it is used internally by the chief operating decision maker (CODM) for evaluating segment performance and deciding how to allocate resources to segments. The Company’s chief executive officer has been identified as the CODM.
Segment asset information is not presented because it is not used by the CODM at the segment level. Operating earnings of each segment represents net revenues less directly identifiable expenses to arrive at operating income for the segment. General management and administrative corporate expenses are included in general corporate expenses below. The table below represents information about the Company’s reporting segments for the three and nine months ended September 30, 2017 and 2016:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2017
 
2016
 
2017
 
2016
Net revenues:
LCD
$
1,837.2

 
$
1,671.8

 
$
5,354.2

 
$
4,922.1

CDD
761.1

 
701.1

 
2,151.1

 
2,128.3

Intercompany eliminations
(0.4
)
 
(0.2
)
 
(0.9
)
 
(0.5
)
Net revenues
2,597.9

 
2,372.7

 
7,504.4

 
7,049.9

 
 
 
 
 
 
 
 
Operating earnings:
LCD
336.2

—

305.6

 
980.2

 
910.0

CDD
43.0

 
51.9

 
134.9

 
190.3

Unallocated corporate expenses
(37.9
)
 
(33.5
)
 
(105.1
)
 
(111.3
)
Total operating income
341.3

 
324.0

 
1,010.0

 
989.0

Other income (expense), net
(60.2
)
 
(60.6
)
 
(164.1
)
 
(160.1
)
Earnings before income taxes
281.1

 
263.4

 
845.9

 
828.9

Provision for income taxes
97.7

 
83.6

 
281.1

 
280.3

Net earnings
183.4

 
179.8

 
564.8

 
548.6

Less income attributable to noncontrolling interests
(2.8
)
 
(0.3
)
 
(3.4
)
 
(0.9
)
Net income attributable to Laboratory Corporation of America Holdings
$
180.6

 
$
179.5

 
$
561.4

 
$
547.7