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EARNINGS PER SHARE (Reconciliation of Basic Earnings Per Share to Diluted Earnings Per Share) (Details) - USD ($)
$ / shares in Units, shares in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2020
Sep. 30, 2019
Income [Abstract]                
Net earnings attributable to Laboratory Corporation of America Holdings $ 703,400,000 $ 231,600,000 $ (317,200,000) $ 220,700,000 $ 190,400,000 $ 185,600,000 $ 617,800,000 $ 596,700,000
Shares [Abstract]                
Net earnings, basic (in shares) 97.4     97.6     97.3 98.1
Dilutive effect of employee stock options and awards, (in shares) 0.7     0.7     0.6 0.7
Per Share Amount [Abstract]                
Basic earnings per common share (in dollars per share) $ 7.22     $ 2.26     $ 6.35 $ 6.08
Diluted earnings per common share (in dollars per share) $ 7.17     $ 2.25     $ 6.31 $ 6.04
Net Income (Loss) Available to Common Stockholders, Diluted $ 703,400,000     $ 220,700,000     $ 617,800,000 $ 596,700,000
Weighted Average Number of Shares Outstanding, Diluted 98.1     98.3     97.9 98.8