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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues $ 2,823.8 $ 2,791.2
Cost of Revenue 2,095.8 2,001.5
Gross Profit 728.0 789.7
Selling, general and administrative expenses 395.5 393.8
Amortization of intangibles and other assets 62.3 57.1
Asset Impairment Charges 437.4 0.0
Net restructuring and other special charges 25.4 20.6
Operating Income (Loss) (192.6) 318.2
Other income (expenses):    
Interest expense (55.0) (56.7)
Equity method income, net (6.6) 3.0
Investment income 2.6 0.6
Other, net (16.1) (10.4)
Earnings before income taxes (267.7) 254.7
Provision for income taxes 49.2 68.8
Net earnings (316.9) 185.9
Less: Net earnings attributable to the noncontrolling interest (0.3) (0.3)
Net earnings attributable to Laboratory Corporation of America Holdings $ (317.2) $ 185.6
Basic earnings per common share (in dollars per share) $ (3.27) $ 1.88
Diluted earnings per common share (in dollars per share) $ (3.27) $ 1.86