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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income [Member]
BALANCE at Dec. 31, 2021 $ 10,273.4 $ 8.5 $ 0.0 $ 10,456.8 $ (191.9)
Net earnings attributable to Laboratory Corporation of America Holdings 491.6 0.0 0.0 491.6 0.0
Other comprehensive earnings, net of tax (73.0) 0.0 0.0 0.0 (73.0)
Issuance of common stock under employee stock plans (18.2) 0.0 (18.2) 0.0 0.0
Surrender of restricted stock and performance share awards (27.3) 0.0 (27.3) 0.0 0.0
Stock compensation 38.2 0.0 38.2 0.0 0.0
BALANCE at Mar. 31, 2022 10,721.1 8.5 29.1 10,948.4 (264.9)
BALANCE at Dec. 31, 2021 10,273.4 8.5 0.0 10,456.8 (191.9)
Net earnings attributable to Laboratory Corporation of America Holdings 1,203.0        
Other comprehensive earnings, net of tax (569.1)        
BALANCE at Sep. 30, 2022 10,092.2 8.2 0.0 10,845.0 (761.0)
BALANCE at Mar. 31, 2022 10,721.1 8.5 29.1 10,948.4 (264.9)
Net earnings attributable to Laboratory Corporation of America Holdings 358.6 0.0 0.0 358.6 0.0
Other comprehensive earnings, net of tax (240.6) 0.0 0.0 0.0 (240.6)
Dividends, Cash (68.6)        
Dividends   0.0 0.0 (68.6) 0.0
Issuance of common stock under employee stock plans (0.9) 0.0 (0.9) 0.0 0.0
Surrender of restricted stock and performance share awards (10.1) 0.0 (10.1) 0.0 0.0
Stock compensation 39.4 0.0 39.4 0.0 0.0
Stock Repurchased During Period, Value 400.0 (0.2) (59.3) (340.5) 0.0
BALANCE at Jun. 30, 2022 10,400.7 8.3 0.0 10,897.9 (505.5)
Net earnings attributable to Laboratory Corporation of America Holdings 352.8 0.0 0.0 352.8 0.0
Other comprehensive earnings, net of tax (255.5) 0.0 0.0 0.0 (255.5)
Dividends, Cash (66.4)        
Dividends   0.0 0.0 (66.4) 0.0
Issuance of common stock under employee stock plans (31.5) 0.0 (31.5) 0.0 0.0
Surrender of restricted stock and performance share awards (7.2) 0.0 (7.2) 0.0 0.0
Stock compensation 36.3 0.0 36.3 0.0 0.0
Stock Repurchased During Period, Value 400.0 (0.1) (60.6) (339.3) 0.0
BALANCE at Sep. 30, 2022 10,092.2 8.2 0.0 10,845.0 (761.0)
Retained Earnings (Accumulated Deficit) 10,581.7        
BALANCE at Dec. 31, 2022 10,096.6 8.1 0.0 10,581.7 (493.2)
Net earnings attributable to Laboratory Corporation of America Holdings 212.9 0.0 0.0 212.9 0.0
Other comprehensive earnings, net of tax 49.0 0.0 0.0 0.0 49.0
Dividends (64.7) 0.0 0.0 (64.7) 0.0
Issuance of common stock under employee stock plans (27.6) 0.0 (27.6) 0.0 0.0
Surrender of restricted stock and performance share awards (20.5) 0.0 (20.5) 0.0 0.0
Stock compensation 40.6 0.0 40.6 0.0 0.0
BALANCE at Mar. 31, 2023 10,341.5 8.1 47.7 10,729.9 (444.2)
BALANCE at Dec. 31, 2022 10,096.6 8.1 0.0 10,581.7 (493.2)
Net earnings attributable to Laboratory Corporation of America Holdings 585.1        
Other comprehensive earnings, net of tax 46.4        
BALANCE at Sep. 30, 2023 7,873.1 7.7 4.7 8,069.5 (208.8)
BALANCE at Mar. 31, 2023 10,341.5 8.1 47.7 10,729.9 (444.2)
Net earnings attributable to Laboratory Corporation of America Holdings 188.9 0.0 0.0 188.9 0.0
Other comprehensive earnings, net of tax 52.5 0.0 0.0 0.0 52.5
Stockholders' Equity Note, Spinoff Transaction (1,780.1) 0.0 0.0 (2,018.1) 238.0
Dividends (64.5) 0.0 0.0 (64.5) 0.0
Issuance of common stock under employee stock plans (26.8) 0.0 (26.8) 0.0 0.0
Surrender of restricted stock and performance share awards (18.2) 0.0 (18.2) 0.0 0.0
Stock compensation 38.1 0.0 38.1 0.0 0.0
BALANCE at Jun. 30, 2023 8,785.0 8.1 94.4 8,836.2 (153.7)
Net earnings attributable to Laboratory Corporation of America Holdings 183.3 0.0 0.0 183.3 0.0
Other comprehensive earnings, net of tax (55.1) 0.0 0.0 0.0 (55.1)
Stockholders' Equity Note, Spinoff Transaction         238.0
Dividends (64.6) 0.0 0.0 (64.6) 0.0
Surrender of restricted stock and performance share awards (0.9) 0.0 (0.9) 0.0 0.0
Stock compensation 34.4 0.0 34.4 0.0 0.0
Stock Repurchased During Period, Value 1,009.0 (0.4) (123.2) (885.4) 0.0
BALANCE at Sep. 30, 2023 7,873.1 $ 7.7 $ 4.7 $ 8,069.5 $ (208.8)
Retained Earnings (Accumulated Deficit) 8,069.5        
Accelerated Share Repurchases, Settlement (Payment) or Receipt $ 1,000.0