XML 70 R60.htm IDEA: XBRL DOCUMENT v3.20.2
REVENUE Disaggregated Revenue Table (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Disaggregation of Revenue [Line Items]          
Accounts Receivable, Allowance for Credit Loss $ 26.6   $ 26.6   $ 19.0
Unbilled Services, Allowance for Credit Loss 6.3   6.3   2.3
Note Receivable, Allowance for Credit Loss 5.7   5.7   0.0
Allowance for Credit Loss $ 38.6   38.6   21.3
Current Expected Credit Losses Opening Balance Sheet Impact on Retained Earnings     7.0    
Accounts Receivable, Credit Loss Expense (Reversal)     10.0    
Unbilled Services, Credit Loss Expense (Reversal)     3.9    
Note Receivable, Credit Loss Expense (Reversal)     0.7    
Credit Loss Expense (Reversal)     14.6    
Allowance for Credit Loss, Write Off     4.3    
Sales Commission Amortization Period Minimum 1 year        
Deferred Revenue, Revenue Recognized     237.2 $ 232.8  
Contract with Customer, Asset, before Allowance for Credit Loss $ 609.8   609.8   483.7
Revenue, Remaining Performance Obligation, Amount $ 4,795.0   $ 4,795.0    
Percent of remaining performance obligations recognized as revenue in next year 32.00%   32.00%    
Long Term Contracts Duration Minimum 1 year        
Long Term Contracts Duration Maximum 8 years        
Contract with Customer, Performance Obligation Satisfied in Previous Period     $ 44.8 67.7  
Contract with Customer, Liability $ 492.9   492.9   449.2
Capitalized Contract Cost, Amortization 2.3 $ 2.3 7.6 6.1  
Accrued Sales Commission 32.8   32.8   28.6
Capitalized Contract Cost, Net 12.9   12.9   14.9
Amount of Deferred Costs Related to Long-term Contracts 45.7   45.7   43.5
Amortization of Deferred Sales Commissions 6.0 $ 5.8 16.8 $ 15.3  
Unbilled Contracts Receivable $ 603.5   $ 603.5   481.4
Percent of Revenue Contributed 100.00% 100.00% 100.00% 100.00%  
Sales Commission Amortization Period Maximum 5 years        
Medicare and Medicaid [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 7.00% 8.00% 7.00% 8.00%  
UNITED STATES          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 82.00% 78.00% 79.00% 78.00%  
CANADA          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 2.00% 3.00% 2.00% 3.00%  
UNITED KINGDOM          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 4.00% 5.00% 5.00% 4.00%  
SWITZERLAND          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 4.00% 4.00% 4.00% 5.00%  
Europe [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 2.00% 3.00% 3.00% 3.00%  
Other countries [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 6.00% 7.00% 7.00% 7.00%  
LabCorp Diagnostics [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 68.00% 60.00% 63.00% 61.00%  
LabCorp Diagnostics [Member] | Client [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 22.00% 17.00% 20.00% 17.00%  
LabCorp Diagnostics [Member] | Self-Pay [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 5.00% 8.00% 6.00% 8.00%  
LabCorp Diagnostics [Member] | Third party [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 34.00% 27.00% 30.00% 28.00%  
LabCorp Diagnostics [Member] | UNITED STATES          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 66.00% 57.00% 61.00% 58.00%  
LabCorp Diagnostics [Member] | UNITED STATES | Client [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 21.00% 16.00% 19.00% 16.00%  
LabCorp Diagnostics [Member] | UNITED STATES | Self-Pay [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 5.00% 8.00% 6.00% 8.00%  
LabCorp Diagnostics [Member] | UNITED STATES | Medicare and Medicaid [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 7.00% 8.00% 7.00% 8.00%  
LabCorp Diagnostics [Member] | UNITED STATES | Third party [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 33.00% 25.00% 29.00% 26.00%  
LabCorp Diagnostics [Member] | CANADA          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 2.00% 3.00% 2.00% 3.00%  
LabCorp Diagnostics [Member] | CANADA | Client [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 1.00% 1.00% 1.00% 1.00%  
LabCorp Diagnostics [Member] | CANADA | Self-Pay [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | CANADA | Medicare and Medicaid [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | CANADA | Third party [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 1.00% 2.00% 1.00% 2.00%  
LabCorp Diagnostics [Member] | UNITED KINGDOM          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | UNITED KINGDOM | Client [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | UNITED KINGDOM | Self-Pay [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | UNITED KINGDOM | Medicare and Medicaid [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | UNITED KINGDOM | Third party [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | SWITZERLAND          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | SWITZERLAND | Client [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | SWITZERLAND | Self-Pay [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | SWITZERLAND | Medicare and Medicaid [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | SWITZERLAND | Third party [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | Europe [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | Europe [Member] | Client [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | Europe [Member] | Self-Pay [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | Europe [Member] | Medicare and Medicaid [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | Europe [Member] | Third party [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | Other countries [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | Other countries [Member] | Medicare and Medicaid [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
LabCorp Diagnostics [Member] | Other countries [Member] | Third party [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
Covance Drug Development [Member]          
Disaggregation of Revenue [Line Items]          
Unbilled Contracts Receivable $ 834.0   $ 834.0   $ 771.1
Percent of Revenue Contributed 32.00%   37.00%    
Covance Drug Development [Member] | Biopharmaceutical and medical device companies [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 32.00% 40.00% 37.00% 39.00%  
Covance Drug Development [Member] | UNITED STATES | Biopharmaceutical and medical device companies [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 16.00% 21.00% 18.00% 20.00%  
Covance Drug Development [Member] | CANADA | Biopharmaceutical and medical device companies [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 0.00% 0.00% 0.00% 0.00%  
Covance Drug Development [Member] | UNITED KINGDOM | Biopharmaceutical and medical device companies [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 4.00% 5.00% 5.00% 4.00%  
Covance Drug Development [Member] | SWITZERLAND | Biopharmaceutical and medical device companies [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 4.00% 4.00% 4.00% 5.00%  
Covance Drug Development [Member] | Europe [Member] | Biopharmaceutical and medical device companies [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 2.00% 3.00% 3.00% 3.00%  
Covance Drug Development [Member] | Other countries [Member] | Biopharmaceutical and medical device companies [Member]          
Disaggregation of Revenue [Line Items]          
Percent of Revenue Contributed 6.00% 7.00% 7.00% 7.00%  
Minimum [Member]          
Disaggregation of Revenue [Line Items]          
Capitalized Contract Cost, Amortization Period 2 years   2 years    
Maximum [Member]          
Disaggregation of Revenue [Line Items]          
Capitalized Contract Cost, Amortization Period 5 years   5 years    
Notes Receivable [Member]          
Disaggregation of Revenue [Line Items]          
Current Expected Credit Losses Opening Balance Sheet Impact on Retained Earnings     $ 5.0    
Allowance for Credit Loss, Write Off     0.0    
Unbilled Contracts Receivable [Member]          
Disaggregation of Revenue [Line Items]          
Current Expected Credit Losses Opening Balance Sheet Impact on Retained Earnings     0.2    
Allowance for Credit Loss, Write Off     0.1    
Accounts Receivable [Member]          
Disaggregation of Revenue [Line Items]          
Current Expected Credit Losses Opening Balance Sheet Impact on Retained Earnings     1.8    
Allowance for Credit Loss, Write Off     $ 4.2