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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, 2022 $ 10,096.6 $ 8.1 $ 0.0 $ 10,581.7 $ (493.2)
Net earnings attributable to Labcorp Holdings Inc. 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 Labcorp Holdings Inc. 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 Labcorp Holdings Inc. 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
Dividends   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)
Stockholders' Equity Note, Spinoff Transaction (1,780.1) 0.0 0.0 (2,018.1) 238.0
Dividends, Cash (64.5)        
Net earnings attributable to Labcorp Holdings Inc. 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)
Dividends   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
BALANCE at Sep. 30, 2023 7,873.1 7.7 4.7 8,069.5 (208.8)
Dividends, Cash (64.6)        
Purchase of common stock (1,009.0) 0.4 123.2 885.4 0.0
Retained Earnings (Accumulated Deficit) 7,888.2        
BALANCE at Dec. 31, 2023 7,875.0 7.7 38.4 7,888.2 (59.3)
Net earnings attributable to Labcorp Holdings Inc. 228.0 0.0 0.0 228.0 0.0
Other comprehensive earnings, net of tax (126.1) 0.0 0.0 0.0 (126.1)
Dividends 60.9 0.0 0.0 60.9 0.0
Issuance of common stock under employee stock plans (26.7) 0.0 (26.7) 0.0 0.0
Surrender of restricted stock and performance share awards (14.7) 0.0 (14.7) 0.0 0.0
Stock compensation 31.6 0.0 31.6 0.0 0.0
BALANCE at Mar. 31, 2024 7,959.6 7.7 82.0 8,055.3 (185.4)
BALANCE at Dec. 31, 2023 7,875.0 7.7 38.4 7,888.2 (59.3)
Net earnings attributable to Labcorp Holdings Inc. 602.6        
Other comprehensive earnings, net of tax (53.9)        
BALANCE at Sep. 30, 2024 8,170.2 7.6 0.0 8,275.8 (113.2)
BALANCE at Mar. 31, 2024 7,959.6 7.7 82.0 8,055.3 (185.4)
Net earnings attributable to Labcorp Holdings Inc. 205.3 0.0 0.0 205.3 0.0
Other comprehensive earnings, net of tax (6.6) 0.0 0.0 0.0 (6.6)
Dividends 60.2 0.0 0.0 60.2 0.0
Surrender of restricted stock and performance share awards (23.1) 0.0 (23.1) 0.0 0.0
Stock compensation 30.8 0.0 30.8 0.0 0.0
BALANCE at Jun. 30, 2024 8,005.8 7.7 12.5 8,177.6 (192.0)
Purchase of common stock (100.0) 0.0 77.2 22.8 0.0
Net earnings attributable to Labcorp Holdings Inc. 169.3 0.0 0.0 169.3 0.0
Other comprehensive earnings, net of tax 78.8 0.0 0.0 0.0 78.8
Dividends 61.1 0.0 0.0 61.1 0.0
Issuance of common stock under employee stock plans (26.3) 0.0 (26.3) 0.0 0.0
Surrender of restricted stock and performance share awards (0.9) 0.0 (0.9) 0.0 0.0
Stock compensation 27.0 0.0 27.0 0.0 0.0
BALANCE at Sep. 30, 2024 8,170.2 7.6 0.0 8,275.8 (113.2)
Purchase of common stock (75.0) $ 0.1 $ 64.9 $ 10.0 $ 0.0
Retained Earnings (Accumulated Deficit) $ 8,275.8