XML 45 R34.htm IDEA: XBRL DOCUMENT v3.10.0.1
BUSINESS SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reconciliation of Operating Income to Consolidated [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
The table below represents information about the Company’s reporting segments for the three and six months ended June 30, 2018 and 2017:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2018
 
2017
 
2018
 
2017
Revenues:
LCD
$
1,814.0

 
$
1,721.1

 
$
3,584.2

 
$
3,360.8

CDD
1,054.2

 
807.5

 
2,132.6

 
1,581.7

Intercompany eliminations
(1.9
)
 
(0.4
)
 
(2.2
)
 
(0.6
)
Revenues
2,866.3

 
2,528.2

 
5,714.6

 
4,941.9

 
 
 
 
 
 
 
 
Operating earnings:
LCD
336.3

 
334.5

 
639.8

 
644.0

CDD
68.8

 
29.6

 
107.3

 
71.1

Unallocated corporate expenses
(35.9
)
 
(34.3
)
 
(72.5
)
 
(67.2
)
Total operating income
369.2

 
329.8

 
674.6

 
647.9

Other income (expense), net
(56.5
)
 
(50.6
)
 
(120.4
)
 
(103.5
)
Earnings before income taxes
312.7

 
279.2

 
554.2

 
544.4

Provision for income taxes
78.6

 
94.1

 
147.6

 
176.0

Net earnings
234.1

 
185.1

 
406.6

 
368.4

Less (earnings) loss attributable to noncontrolling interests
(0.3
)
 
(0.3
)
 
0.4

 
(0.6
)
Net income attributable to Laboratory Corporation of America Holdings
$
233.8

 
$
184.8

 
$
407.0

 
$
367.8