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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues $ 2,848.3 $ 2,413.7
Cost of Revenue 2,069.3 1,701.2
Gross Profit 779.0 712.5
Selling, general and administrative expenses 397.0 342.9
Amortization of intangibles and other assets 62.3 47.6
Net restructuring and other special charges 14.3 3.9
Operating Income (Loss) 305.4 318.1
Other income (expenses):    
Interest expense (63.5) (52.4)
Equity method income, net 2.5 2.3
Investment income 0.6 0.3
Other, net (3.5) (3.0)
Earnings before income taxes 241.5 265.3
Provision for income taxes 69.0 82.0
Net earnings 172.5 183.3
Less: Net earnings attributable to the noncontrolling interest 0.7 (0.3)
Net earnings attributable to Laboratory Corporation of America Holdings $ 173.2 $ 183.0
Basic earnings per common share (in dollars per share) $ 1.70 $ 1.79
Diluted earnings per common share (in dollars per share) $ 1.67 $ 1.75
Previous Accounting Guidance [Member]    
Gross profit, as reported   $ 803.6
Net income (loss), including portion attributable to NCI, as reported   192.5
Net income (loss) attributable to Parent, as reported   192.2
Revenues   2,447.0
Cost of Revenue   1,643.4
Selling, general and administrative expenses   419.4
Other income (expenses):    
Provision for income taxes   87.2
Less: Net earnings attributable to the noncontrolling interest   $ (0.3)
Basic earnings per common share (in dollars per share)   $ 1.87
Diluted earnings per common share (in dollars per share)   $ 1.84