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GOODWILL AND INTANGIBLE ASSETS (Changes in Carrying Amount of Goodwill) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Goodwill [Line Items]          
Amortization of intangibles and other assets $ 66.4 $ 92.4 $ 133.5 $ 184.5  
Intangible Assets, Gross (Excluding Goodwill) 5,642.2   5,642.2   $ 5,423.6
Balance as of January 1     7,958.9    
Adjustments to goodwill     (177.7)    
Balance at end of period 8,114.0   8,114.0    
Finite-Lived Intangible Assets, Accumulated Amortization 1,777.3   1,777.3   1,688.1
Intangible Assets, Net (Excluding Goodwill) $ 3,864.9   3,864.9   3,735.5
Goodwill, Acquired During Period     332.8    
Goodwill [Roll Forward]          
Goodwill and Intangible Assets, Goodwill, Policy
5.    GOODWILL AND INTANGIBLE ASSETS
The changes in the carrying amount of goodwill for the six months ended June 30, 2022, are as follows:
DxDDTotal
Balance as of December 31, 2021$4,046.2 $3,912.7 $7,958.9 
Goodwill acquired during the period189.7 143.1 332.8 
Foreign currency impact and other adjustments to goodwill(50.7)(127.0)(177.7)
Balance as of June 30, 2022$4,185.2 $3,928.8 $8,114.0 
The Company assesses goodwill and indefinite-lived intangibles for impairment at least annually or whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The Company recognizes an impairment charge for the amount by which the reporting unit's carrying amount exceeds its fair value.
The components of identifiable intangible assets are as follows:
 June 30, 2022December 31, 2021
Gross Carrying AmountAccumulated AmortizationNetGross Carrying AmountAccumulated AmortizationNet
Customer relationships$4,293.3 $(1,437.9)$2,855.4 $4,336.0 $(1,362.1)$2,973.9 
Patents, licenses and technology755.2 (284.8)470.4 484.6 (267.4)217.2 
Non-compete agreements79.1 (41.6)37.5 70.2 (35.5)34.7 
Trade name5.6 (0.9)4.7 19.8 (15.5)4.3 
Land use right10.3 (8.2)2.1 10.4 (7.6)2.8 
Canadian licenses484.5 — 484.5 493.5 — 493.5 
Other14.2 (3.9)10.3 9.1 — 9.1 
 5,642.2 (1,777.3)3,864.9 5,423.6 (1,688.1)3,735.5 
Amortization of intangible assets for the three and six months ended June 30, 2022, and 2021, was $66.4 and $92.4 and $133.5 and $184.5, respectively. The amortization expense for the net carrying amount of intangible assets is estimated to be $121.4 for the remainder of fiscal 2022, $255.6 in fiscal 2023, $251.0 in fiscal 2024, $238.9 in fiscal 2025, $229.1 in fiscal 2026, and $2,144.7 thereafter.
       
LabCorp Diagnostics [Member]          
Goodwill [Line Items]          
Balance as of January 1     4,046.2    
Adjustments to goodwill     (50.7)    
Balance at end of period $ 4,185.2   4,185.2    
Goodwill, Acquired During Period     189.7    
Covance Drug Development [Member]          
Goodwill [Line Items]          
Balance as of January 1     3,912.7    
Adjustments to goodwill     (127.0)    
Balance at end of period 3,928.8   3,928.8    
Goodwill, Acquired During Period     143.1    
Customer Relationships [Member]          
Goodwill [Line Items]          
Intangible Assets, Gross (Excluding Goodwill) 4,293.3   4,293.3   4,336.0
Finite-Lived Intangible Assets, Accumulated Amortization 1,437.9   1,437.9   1,362.1
Intangible Assets, Net (Excluding Goodwill) 2,855.4   2,855.4   2,973.9
Patents, Licenses And Technology [Member]          
Goodwill [Line Items]          
Intangible Assets, Gross (Excluding Goodwill) 755.2   755.2   484.6
Finite-Lived Intangible Assets, Accumulated Amortization 284.8   284.8   267.4
Intangible Assets, Net (Excluding Goodwill) 470.4   470.4   217.2
Noncompete Agreements [Member]          
Goodwill [Line Items]          
Intangible Assets, Gross (Excluding Goodwill) 79.1   79.1   70.2
Finite-Lived Intangible Assets, Accumulated Amortization 41.6   41.6   35.5
Intangible Assets, Net (Excluding Goodwill) 37.5   37.5   34.7
Trade Names [Member]          
Goodwill [Line Items]          
Intangible Assets, Gross (Excluding Goodwill) 5.6   5.6   19.8
Finite-Lived Intangible Assets, Accumulated Amortization 0.9   0.9   15.5
Intangible Assets, Net (Excluding Goodwill) 4.7   4.7   4.3
Use Rights [Member]          
Goodwill [Line Items]          
Intangible Assets, Gross (Excluding Goodwill) 10.3   10.3   10.4
Finite-Lived Intangible Assets, Accumulated Amortization 8.2   8.2   7.6
Intangible Assets, Net (Excluding Goodwill) 2.1   2.1   2.8
Canadian licenses [Member]          
Goodwill [Line Items]          
Intangible Assets, Gross (Excluding Goodwill) 484.5   484.5   493.5
Finite-Lived Intangible Assets, Accumulated Amortization 0.0   0.0   0.0
Intangible Assets, Net (Excluding Goodwill) $ 484.5   $ 484.5   $ 493.5