$DGX
Quest Diagnostics Inc

2018 Q1 Form 10-Q Financial Statement

#000102207918000106 Filed on April 20, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $1.884B $1.817B
YoY Change 3.69% -2.47%
Cost Of Revenue $1.226B $1.165B
YoY Change 5.24% 1.84%
Gross Profit $658.0M $652.0M
YoY Change 0.92% -9.32%
Gross Profit Margin 34.93% 35.88%
Selling, General & Admin $363.0M $355.0M
YoY Change 2.25% -19.68%
% of Gross Profit 55.17% 54.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $74.00M $62.00M
YoY Change 19.35% 0.0%
% of Gross Profit 11.25% 9.51%
Operating Expenses $363.0M $355.0M
YoY Change 2.25% -19.68%
Operating Profit $272.0M $279.0M
YoY Change -2.51% 8.56%
Interest Expense $41.00M $37.00M
YoY Change 10.81% 2.78%
% of Operating Profit 15.07% 13.26%
Other Income/Expense, Net -$43.00M -$33.00M
YoY Change 30.3% -61.18%
Pretax Income $229.0M $246.0M
YoY Change -6.91% 43.02%
Income Tax $52.00M $78.00M
% Of Pretax Income 22.71% 31.71%
Net Earnings $177.0M $164.0M
YoY Change 7.93% 59.22%
Net Earnings / Revenue 9.39% 9.03%
Basic Earnings Per Share $1.30 $1.19
Diluted Earnings Per Share $1.27 $1.16
COMMON SHARES
Basic Shares Outstanding 136.0M shares 137.0M shares
Diluted Shares Outstanding 139.0M shares 141.0M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $124.0M $367.0M
YoY Change -66.21% 186.72%
Cash & Equivalents $124.0M $367.0M
Short-Term Investments
Other Short-Term Assets $127.0M $154.0M
YoY Change -17.53% -53.47%
Inventory $94.00M $77.00M
Prepaid Expenses
Receivables $1.026B $960.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.371B $1.558B
YoY Change -12.0% 4.35%
LONG-TERM ASSETS
Property, Plant & Equipment $1.156B $1.027B
YoY Change 12.56% 11.03%
Goodwill $6.392B $6.001B
YoY Change 6.52% 0.08%
Intangibles $1.174B $933.0M
YoY Change 25.83% -7.44%
Long-Term Investments $474.0M $443.0M
YoY Change 7.0% -5.94%
Other Assets $128.0M $147.0M
YoY Change -12.93% -27.94%
Total Long-Term Assets $9.324B $8.551B
YoY Change 9.04% -0.62%
TOTAL ASSETS
Total Short-Term Assets $1.371B $1.558B
Total Long-Term Assets $9.324B $8.551B
Total Assets $10.70B $10.11B
YoY Change 5.8% 0.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $976.0M $979.0M
YoY Change -0.31% 5.04%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $141.0M $6.000M
YoY Change 2250.0% -96.2%
Total Short-Term Liabilities $1.117B $985.0M
YoY Change 13.4% -9.63%
LONG-TERM LIABILITIES
Long-Term Debt $3.718B $3.725B
YoY Change -0.19% -0.4%
Other Long-Term Liabilities $717.0M $658.0M
YoY Change 8.97% 24.39%
Total Long-Term Liabilities $717.0M $658.0M
YoY Change 8.97% -84.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.117B $985.0M
Total Long-Term Liabilities $717.0M $658.0M
Total Liabilities $1.834B $1.643B
YoY Change 11.63% -69.34%
SHAREHOLDERS EQUITY
Retained Earnings $7.249B $6.715B
YoY Change 7.95% 7.54%
Common Stock $2.618B $2.544B
YoY Change 2.91% 1.96%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.796B $4.561B
YoY Change 5.15% 12.26%
Treasury Stock Shares 81.00M shares 79.00M shares
Shareholders Equity $5.030B $4.630B
YoY Change
Total Liabilities & Shareholders Equity $10.70B $10.11B
YoY Change 5.8% 0.12%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $177.0M $164.0M
YoY Change 7.93% 59.22%
Depreciation, Depletion And Amortization $74.00M $62.00M
YoY Change 19.35% 0.0%
Cash From Operating Activities $180.0M $196.0M
YoY Change -8.16% 28.1%
INVESTING ACTIVITIES
Capital Expenditures $73.00M $42.00M
YoY Change 73.81% -10.64%
Acquisitions $130.0M $1.000M
YoY Change 12900.0% -99.26%
Other Investing Activities $1.000M $4.000M
YoY Change -75.0% -50.0%
Cash From Investing Activities -$204.0M -$47.00M
YoY Change 334.04% -75.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $50.00M $150.0M
YoY Change -66.67% 30.43%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $11.00M -$166.0M
YoY Change -106.63% -618.75%
NET CHANGE
Cash From Operating Activities $180.0M $196.0M
Cash From Investing Activities -$204.0M -$47.00M
Cash From Financing Activities $11.00M -$166.0M
Net Change In Cash -$13.00M -$17.00M
YoY Change -23.53% 240.0%
FREE CASH FLOW
Cash From Operating Activities $180.0M $196.0M
Capital Expenditures $73.00M $42.00M
Free Cash Flow $107.0M $154.0M
YoY Change -30.52% 45.28%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q1 dgx Effective Income Tax Rate Reconciliation Sharebased Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount
8000000 USD
CY2017Q1 dgx Fair Value Of Net Assets Acquired
FairValueOfNetAssetsAcquired
1000000 USD
CY2018Q1 dgx Fair Value Of Net Assets Acquired
FairValueOfNetAssetsAcquired
147000000 USD
CY2018Q1 dgx Finite Lived Intangible Assets Estimated Amortization Expense Total
FiniteLivedIntangibleAssetsEstimatedAmortizationExpenseTotal
938000000 USD
CY2017Q1 dgx Mergerconsiderationpaidpayablenet
Mergerconsiderationpaidpayablenet
0 USD
CY2018Q1 dgx Mergerconsiderationpaidpayablenet
Mergerconsiderationpaidpayablenet
-12000000 USD
CY2017Q1 dgx Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest
174000000 USD
CY2018Q1 dei Amendment Flag
AmendmentFlag
false
CY2018Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2018Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2018Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
CY2018Q1 dei Document Period End Date
DocumentPeriodEndDate
2018-03-31
CY2018Q1 dei Document Type
DocumentType
10-Q
CY2018Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001022079
CY2018Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
135817201 shares
CY2018Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2018Q1 dei Entity Registrant Name
EntityRegistrantName
QUEST DIAGNOSTICS INC
CY2017Q1 dgx Cash Paid For Business Acquisitions
CashPaidForBusinessAcquisitions
1000000 USD
CY2018Q1 dgx Cash Paid For Business Acquisitions
CashPaidForBusinessAcquisitions
135000000 USD
CY2017Q1 dgx Effective Income Tax Rate Reconciliation Sharebased Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount
16000000 USD
CY2018Q1 dgx Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest
188000000 USD
CY2017Q1 dgx Percentageof Net Revenues
PercentageofNetRevenues
1
CY2018Q1 dgx Percentageof Net Revenues
PercentageofNetRevenues
1
CY2017Q1 dgx Sharestocoveremployeepayrolltaxwithholdingsonstockbenefitplansvalue
Sharestocoveremployeepayrolltaxwithholdingsonstockbenefitplansvalue
22000000 USD
CY2018Q1 dgx Sharestocoveremployeepayrolltaxwithholdingsonstockbenefitplansvalue
Sharestocoveremployeepayrolltaxwithholdingsonstockbenefitplansvalue
20000000 USD
CY2018Q1 dgx Temporaryequity Noncontrollinginterest Decreasefrom Distributionsto Noncontrolling Interest Holders
TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders
4000000 USD
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1021000000 USD
CY2018Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
976000000 USD
CY2017Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
932000000 USD
CY2018Q1 us-gaap Assets
Assets
10695000000 USD
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
924000000 USD
CY2018Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1026000000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-48000000 USD
CY2018Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-41000000 USD
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2612000000 USD
CY2018Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2616000000 USD
CY2017Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17000000 USD
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
19000000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8000000 USD
CY2018Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
6000000 USD
CY2017Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17000000 USD
CY2018Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
22000000 USD
CY2017Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000 shares
CY2018Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000 shares
CY2017Q4 us-gaap Assets
Assets
10503000000 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
1306000000 USD
CY2018Q1 us-gaap Assets Current
AssetsCurrent
1371000000 USD
CY2017Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
12000000 USD
CY2018Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16000000 USD
CY2017Q1 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
0 USD
CY2018Q1 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
5000000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
367000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
137000000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
124000000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
384000000 USD
CY2017Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
367000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
137000000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
124000000 USD
CY2017Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-17000000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-13000000 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2017Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.50
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000 shares
CY2018Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
216000000 shares
CY2018Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
217000000 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
2000000 USD
CY2018Q1 us-gaap Common Stock Value
CommonStockValue
2000000 USD
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
168000000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
184000000 USD
CY2017Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
11000000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
12000000 USD
CY2017Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
179000000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
196000000 USD
CY2017Q1 us-gaap Cost Of Revenue
CostOfRevenue
1165000000 USD
CY2018Q1 us-gaap Cost Of Revenue
CostOfRevenue
1226000000 USD
CY2017Q1 us-gaap Costs And Expenses
CostsAndExpenses
1538000000 USD
CY2018Q1 us-gaap Costs And Expenses
CostsAndExpenses
1612000000 USD
CY2017Q4 us-gaap Debt Current
DebtCurrent
36000000 USD
CY2018Q1 us-gaap Debt Current
DebtCurrent
141000000 USD
CY2017Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
4000000000 USD
CY2018Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
4100000000 USD
CY2017Q4 us-gaap Deferred Gain Loss On Discontinuation Of Fair Value Hedge
DeferredGainLossOnDiscontinuationOfFairValueHedge
56000000 USD
CY2018Q1 us-gaap Deferred Gain Loss On Discontinuation Of Fair Value Hedge
DeferredGainLossOnDiscontinuationOfFairValueHedge
52000000 USD
CY2017Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
11000000 USD
CY2018Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
24000000 USD
CY2017Q1 us-gaap Depreciation
Depreciation
45000000 USD
CY2018Q1 us-gaap Depreciation
Depreciation
52000000 USD
CY2017Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
62000000 USD
CY2018Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
74000000 USD
CY2017Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
62000000 USD
CY2018Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
66000000 USD
CY2017Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
62000000 USD
CY2018Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
66000000 USD
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.19
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.30
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.16
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.27
CY2017Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.318
CY2018Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.225
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
462000000 USD
CY2018Q1 us-gaap Equity Method Investments
EquityMethodInvestments
474000000 USD
CY2017Q1 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
1000000 USD
CY2018Q1 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
148000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
534000000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
556000000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
466000000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
87000000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
66000000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
76000000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
77000000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
80000000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
86000000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
6000000000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
6335000000 USD
CY2018Q1 us-gaap Goodwill
Goodwill
6392000000 USD
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
335000000 USD
CY2018Q1 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
57000000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
246000000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
229000000 USD
CY2017Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7000000 USD
CY2018Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
12000000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
78000000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
52000000 USD
CY2017Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
8000000 USD
CY2018Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
2000000 USD
CY2017Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-95000000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-68000000 USD
CY2017Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
35000000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
97000000 USD
CY2017Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
63000000 USD
CY2018Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
5000000 USD
CY2017Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
5000000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-32000000 USD
CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4000000 shares
CY2018Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000000 shares
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1653000000 USD
CY2018Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1730000000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1119000000 USD
CY2018Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1174000000 USD
CY2017Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
1000000 USD
CY2018Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
0 USD
CY2017Q1 us-gaap Interest Expense
InterestExpense
37000000 USD
CY2018Q1 us-gaap Interest Expense
InterestExpense
41000000 USD
CY2017Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-36000000 USD
CY2018Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-41000000 USD
CY2017Q1 us-gaap Interest Paid
InterestPaid
46000000 USD
CY2018Q1 us-gaap Interest Paid
InterestPaid
49000000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
95000000 USD
CY2018Q1 us-gaap Inventory Net
InventoryNet
94000000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10503000000 USD
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10695000000 USD
CY2017Q1 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 USD
CY2018Q1 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
1000000 USD
CY2017Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
9000000 USD
CY2017Q4 us-gaap Litigation Reserve
LitigationReserve
2000000 USD
CY2018Q1 us-gaap Litigation Reserve
LitigationReserve
2000000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
11000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3748000000 USD
CY2018Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3718000000 USD
CY2018Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1117000000 USD
CY2018Q1 us-gaap Malpractice Loss Contingency Accrual Undiscounted
MalpracticeLossContingencyAccrualUndiscounted
113000000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-166000000 USD
CY2017Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1000000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1057000000 USD
CY2018Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1000000 USD
CY2017Q4 us-gaap Malpractice Loss Contingency Accrual Undiscounted
MalpracticeLossContingencyAccrualUndiscounted
118000000 USD
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3000000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
34000000 USD
CY2018Q1 us-gaap Minority Interest
MinorityInterest
36000000 USD
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2000000 USD
CY2017Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-1000000 USD
CY2017Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
22000000 USD
CY2018Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
11000000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-47000000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-204000000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
196000000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
180000000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
164000000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
177000000 USD
CY2017Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11000000 USD
CY2018Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
12000000 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
163000000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
176000000 USD
CY2018Q1 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
2000000 USD
CY2017Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-33000000 USD
CY2018Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-43000000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
279000000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
272000000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
136000000 USD
CY2018Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
128000000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1000000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
4000000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
6000000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4000000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7000000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
663000000 USD
CY2018Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
717000000 USD
CY2018Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-1000000 USD
CY2017Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1000000 USD
CY2018Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1000000 USD
CY2017Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4000000 USD
CY2018Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1000000 USD
CY2017Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
150000000 USD
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
50000000 USD
CY2017Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
62000000 USD
CY2018Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61000000 USD
CY2017Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
9000000 USD
CY2018Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
15000000 USD
CY2018Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
20000000 USD
CY2017Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1000000 USD
CY2018Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
832000000 USD
CY2017Q1 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2018Q1 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
7138000000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
7249000000 USD
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
1817000000 USD
CY2018Q1 us-gaap Sales Revenue Net
SalesRevenueNet
1884000000 USD
CY2018Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
130000000 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
42000000 USD
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
73000000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
150000000 USD
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
127000000 USD
CY2017Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
935000000 USD
CY2017Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2018Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
2000000 USD
CY2017Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
33000000 USD
CY2018Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
18000000 USD
CY2017Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
46000000 USD
CY2018Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
34000000 USD
CY2017Q1 us-gaap Profit Loss
ProfitLoss
175000000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
189000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1145000000 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1156000000 USD
CY2017Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2000000 USD
CY2018Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3000000 USD
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
80000000 USD
CY2018Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
77000000 USD
CY2017Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
2000000 USD
CY2017Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
355000000 USD
CY2018Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
363000000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
17000000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
19000000 USD
CY2017Q1 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
900000 shares
CY2018Q1 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
600000 shares
CY2017Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5000000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
8000000 USD
CY2017Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
46000000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
34000000 USD
CY2018Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
867000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
4921000000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
5030000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4660000000 USD
CY2017Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
80000000 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4663000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4955000000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5066000000 USD
CY2017Q1 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
78000000 USD
CY2016Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
77000000 USD
CY2018Q1 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
77000000 USD
CY2017Q1 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
1000000 USD
CY2018Q1 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
1000000 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
81000000 shares
CY2018Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
81000000 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
4783000000 USD
CY2018Q1 us-gaap Treasury Stock Value
TreasuryStockValue
4796000000 USD
CY2017Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
150000000 USD
CY2018Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
50000000 USD
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141000000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139000000 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
137000000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
136000000 shares
CY2018Q1 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">DESCRIPTION OF BUSINESS</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Background</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quest Diagnostics Incorporated and its subsidiaries ("Quest Diagnostics" or the "Company") empower people to take action to improve health outcomes.&#160; The Company uses its extensive database of clinical lab results to derive diagnostic insights that reveal new avenues to identify and treat disease, inspire healthy behaviors and improve healthcare management.&#160; The Company's diagnostic information services business ("DIS") provides information and insights based on the industry-leading menu of routine, non-routine and advanced clinical testing and anatomic pathology testing, and other diagnostic information services. The Company provides services to a broad range of customers, including patients, clinicians, hospitals, independent delivery networks ("IDNs"), health plans, employers and accountable care organizations ("ACOs"). The Company offers the broadest access in the United States to diagnostic information services through its nationwide network of laboratories, patient service centers and phlebotomists in physician offices and the Company's connectivity resources, including call centers and mobile paramedics, nurses and other health and wellness professionals. The Company is the world's leading provider of diagnostic information services. The Company provides interpretive consultation with one of the largest medical and scientific staffs in the industry and hundreds of M.D.s and Ph.D.s, many of whom are recognized leaders in their fields. The Company's Diagnostic Solutions businesses ("DS") are the leading provider of risk assessment services for the life insurance industry and the Company offers healthcare organizations and clinicians robust information technology solutions.</font></div></div>
CY2018Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As a result of the adoption of the new accounting standard associated with clarifying presentation and classification in the statement of cash flows, certain reclassifications have been made to the prior period financial statements to conform with the current period presentation. In addition, the Company adopted the new revenue recognition accounting standard on a full retrospective basis, which required the Company to restate certain previously reported results. For further details regarding the impact of these new accounting standards, see </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">New Accounting Pronouncements</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
CY2018Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. </font></div></div>

Files In Submission

Name View Source Status
0001022079-18-000106-index-headers.html Edgar Link pending
0001022079-18-000106-index.html Edgar Link pending
0001022079-18-000106.txt Edgar Link pending
0001022079-18-000106-xbrl.zip Edgar Link pending
dgx-20180331.xml Edgar Link completed
dgx-20180331.xsd Edgar Link pending
dgx-20180331_cal.xml Edgar Link unprocessable
dgx-20180331_def.xml Edgar Link unprocessable
dgx-20180331_lab.xml Edgar Link unprocessable
dgx-20180331_pre.xml Edgar Link unprocessable
dgx033118ex101.htm Edgar Link pending
dgx0331201810-q.htm Edgar Link pending
dgx03312018ex311.htm Edgar Link pending
dgx03312018ex312.htm Edgar Link pending
dgx03312018ex321.htm Edgar Link pending
dgx03312018ex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending