BUSINESS ACQUISITIONS Business Acquisitions Tables (Tables)

3 Months Ended

Sep. 30, 2020

Jun. 30, 2020

Business Acquisition [Line Items]

Business Acquisition, Pro Forma Information [Table Text Block]

Unaudited Pro Forma Information

Had the Company's total 2019 and 2020 acquisitions been completed as of January 1, 2018, or January 1, 2019, respectively, the Company's pro forma results would have been as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Revenues	$	3,899.7	$	2,969.0	$	9,524.2	$	8,827.7
Net earnings attributable to Laboratory Corporation of America Holdings	$	744.9	$	224.3	$	666.3	$	612.9

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

	Carrying amount of hedged liabilities as of				Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Liabilities as of
	September 30, 2020		December 31, 2019		September 30, 2020		December 31, 2019
Balance Sheet Line Item in which Hedged Items are Included
Current portion, long term debt	$	—	$	301.5	$	—	$	1.5

Schedule of Business Acquisitions, by Acquisition

The final valuation of acquired assets and assumed liabilities in the transaction as of June 3, 2019, include the following:

Consideration Transferred
Cash consideration	$	601.0
Fair value of CRP	110.0
Total	$	711.0
	Final June 30, 2020
Net Assets Acquired
Cash and cash equivalents	$	11.3
Accounts receivable	12.1
Unbilled services	25.6
Inventories	4.5
Prepaid expenses and other	10.8
Property, plant and equipment	128.4
Deferred income taxes	25.2
Goodwill	376.6
Customer relationships	140.8
Trade name and trademarks	0.6
Other assets	9.9
Total assets acquired	745.8
Accounts payable	15.2
Accrued expenses and other	10.4
Unearned revenue	49.9
Other liabilities	69.3
Total liabilities acquired	144.8
Net Envigo assets acquired	601.0
Floating rate secured note receivable due 2022	110.0
Total	$	711.0