2018 Q4 Form 10-K Financial Statement

#000102207920000017 Filed on February 20, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $1.839B $1.889B $1.919B
YoY Change -1.39% 1.78% 2.95%
Cost Of Revenue $1.215B $1.222B $1.243B
YoY Change 2.97% 2.69% 6.24%
Gross Profit $604.0M $667.0M $676.0M
YoY Change -9.99% 0.15% -2.59%
Gross Profit Margin 32.84% 35.31% 35.23%
Selling, General & Admin $329.0M $354.0M $351.0M
YoY Change -7.06% 1.72% -1.96%
% of Gross Profit 54.47% 53.07% 51.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $81.00M $77.00M $77.00M
YoY Change 10.96% 11.59% 16.67%
% of Gross Profit 13.41% 11.54% 11.39%
Operating Expenses $353.0M $354.0M $351.0M
YoY Change -5.61% 1.72% -1.96%
Operating Profit $251.0M $304.0M $305.0M
YoY Change -15.49% 2.01% -4.39%
Interest Expense -$43.00M $42.00M $43.00M
YoY Change 10.26% 7.69% 13.16%
% of Operating Profit -17.13% 13.82% 14.1%
Other Income/Expense, Net -$10.00M -$38.00M -$41.00M
YoY Change -350.0% -5.0% 51.85%
Pretax Income $167.0M $266.0M $264.0M
YoY Change -28.63% 3.1% -9.59%
Income Tax $39.00M $48.00M $42.00M
% Of Pretax Income 23.35% 18.05% 15.91%
Net Earnings $127.0M $213.0M $219.0M
YoY Change -50.0% 32.3% 13.47%
Net Earnings / Revenue 6.91% 11.28% 11.41%
Basic Earnings Per Share $0.93 $1.56 $1.60
Diluted Earnings Per Share $0.92 $1.53 $1.57
COMMON SHARES
Basic Shares Outstanding 136.1M shares 136.0M shares 136.0M shares
Diluted Shares Outstanding 139.0M shares 139.0M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $135.0M $263.0M $132.0M
YoY Change -1.46% -24.86% -57.96%
Cash & Equivalents $135.0M $263.0M $132.0M
Short-Term Investments
Other Short-Term Assets $144.0M $148.0M $137.0M
YoY Change -4.0% 10.45% -12.18%
Inventory $99.00M $95.00M $91.00M
Prepaid Expenses
Receivables $1.012B $1.097B $1.055B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.390B $1.603B $1.415B
YoY Change 6.43% 3.82% -5.67%
LONG-TERM ASSETS
Property, Plant & Equipment $1.288B $1.194B $1.168B
YoY Change 12.49% 8.84% 11.77%
Goodwill $6.563B $6.447B $6.414B
YoY Change 3.6% 4.59% 5.49%
Intangibles $1.207B $1.168B $1.166B
YoY Change 7.86% 13.51% 22.87%
Long-Term Investments $436.0M $456.0M $456.0M
YoY Change -5.63% -0.65% 1.11%
Other Assets $119.0M $118.0M $128.0M
YoY Change -12.5% -19.18% -12.33%
Total Long-Term Assets $9.613B $9.383B $9.332B
YoY Change 4.52% 5.49% 7.62%
TOTAL ASSETS
Total Short-Term Assets $1.390B $1.603B $1.415B
Total Long-Term Assets $9.613B $9.383B $9.332B
Total Assets $11.00B $10.99B $10.75B
YoY Change 4.76% 5.24% 5.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.021B $1.085B $957.0M
YoY Change 0.0% 3.63% 4.93%
Accrued Expenses $274.0M
YoY Change 11.38%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $464.0M $304.0M $305.0M
YoY Change 1188.89% 5980.0% 6000.0%
Total Short-Term Liabilities $1.485B $1.389B $1.262B
YoY Change 40.49% 32.03% 37.62%
LONG-TERM LIABILITIES
Long-Term Debt $3.429B $3.394B $3.408B
YoY Change -8.51% -9.71% -8.68%
Other Long-Term Liabilities $745.0M $761.0M $738.0M
YoY Change 12.37% 5.4% 4.09%
Total Long-Term Liabilities $4.174B $761.0M $738.0M
YoY Change -5.37% 5.4% 4.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.485B $1.389B $1.262B
Total Long-Term Liabilities $4.174B $761.0M $738.0M
Total Liabilities $5.659B $2.150B $2.000B
YoY Change 3.49% 21.2% 23.0%
SHAREHOLDERS EQUITY
Retained Earnings $7.602B $7.546B $7.401B
YoY Change 6.5% 8.64% 8.09%
Common Stock $2.669B $2.658B $2.635B
YoY Change 2.1% 2.74% 2.65%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.996B $4.829B $4.756B
YoY Change 4.45% 2.94% 2.13%
Treasury Stock Shares 82.00M shares 81.00M shares 81.00M shares
Shareholders Equity $5.216B $5.317B $5.223B
YoY Change
Total Liabilities & Shareholders Equity $11.00B $10.99B $10.75B
YoY Change 4.76% 5.24% 5.66%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $127.0M $213.0M $219.0M
YoY Change -50.0% 32.3% 13.47%
Depreciation, Depletion And Amortization $81.00M $77.00M $77.00M
YoY Change 10.96% 11.59% 16.67%
Cash From Operating Activities $295.0M $402.0M $323.0M
YoY Change -8.67% 11.05% 9.86%
INVESTING ACTIVITIES
Capital Expenditures -$151.0M -$81.00M -$78.00M
YoY Change 84.15% 28.57% 20.0%
Acquisitions $54.00M $35.00M
YoY Change -71.12% -68.47%
Other Investing Activities -$195.0M -$44.00M -$48.00M
YoY Change -31.34% -76.09% -54.29%
Cash From Investing Activities -$346.0M -$125.0M -$126.0M
YoY Change -5.46% -49.39% -25.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -77.00M -146.0M -189.0M
YoY Change -54.71% 84.81% 6.78%
NET CHANGE
Cash From Operating Activities 295.0M 402.0M 323.0M
Cash From Investing Activities -346.0M -125.0M -126.0M
Cash From Financing Activities -77.00M -146.0M -189.0M
Net Change In Cash -128.0M 131.0M 8.000M
YoY Change -39.91% 263.89% -115.09%
FREE CASH FLOW
Cash From Operating Activities $295.0M $402.0M $323.0M
Capital Expenditures -$151.0M -$81.00M -$78.00M
Free Cash Flow $446.0M $483.0M $401.0M
YoY Change 10.12% 13.65% 11.7%

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CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.63
CY2019 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
6.13
CY2018 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
5.29
CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
5.50
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.15
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.28
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.29
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.50
CY2019 us-gaap Profit Loss
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906000000 USD
CY2018 us-gaap Profit Loss
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788000000 USD
CY2017 us-gaap Profit Loss
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824000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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7000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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20000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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8000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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3000000 USD
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CY2018 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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2000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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1000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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20000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
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24000000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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926000000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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779000000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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848000000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
48000000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
52000000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
52000000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
878000000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
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727000000 USD
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796000000 USD
CY2019 us-gaap Profit Loss
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906000000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
788000000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
824000000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
329000000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
309000000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
270000000 USD
CY2019 us-gaap Provision For Doubtful Accounts
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11000000 USD
CY2018 us-gaap Provision For Doubtful Accounts
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6000000 USD
CY2017 us-gaap Provision For Doubtful Accounts
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8000000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
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15000000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
73000000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
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9000000 USD
CY2019 us-gaap Share Based Compensation
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56000000 USD
CY2018 us-gaap Share Based Compensation
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61000000 USD
CY2017 us-gaap Share Based Compensation
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79000000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
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70000000 USD
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-6000000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2019 us-gaap Other Noncash Income Expense
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39000000 USD
CY2018 us-gaap Other Noncash Income Expense
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CY2017 us-gaap Other Noncash Income Expense
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8000000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
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63000000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
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65000000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
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CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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73000000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
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29000000 USD
CY2018 us-gaap Increase Decrease In Accrued Income Taxes Payable
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4000000 USD
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
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16000000 USD
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4000000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
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CY2017 us-gaap Increase Decrease In Other Operating Capital Net
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26000000 USD
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1243000000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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1200000000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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1175000000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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58000000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
421000000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
581000000 USD
CY2019 us-gaap Proceeds From Divestiture Of Businesses
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0 USD
CY2018 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
2000000 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
1000000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
91000000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1000000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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400000000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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383000000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
252000000 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
44000000 USD
CY2018 us-gaap Payments For Proceeds From Other Investing Activities
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1000000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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-411000000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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-801000000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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-830000000 USD
CY2019 us-gaap Proceeds From Issuance Of Debt
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2281000000 USD
CY2018 us-gaap Proceeds From Issuance Of Debt
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2090000000 USD
CY2017 us-gaap Proceeds From Issuance Of Debt
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205000000 USD
CY2019 us-gaap Repayments Of Debt
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1449000000 USD
CY2018 us-gaap Repayments Of Debt
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1966000000 USD
CY2017 us-gaap Repayments Of Debt
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182000000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
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353000000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
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322000000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
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465000000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
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119000000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
99000000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
130000000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
16000000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
21000000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
23000000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
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286000000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
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266000000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
247000000 USD
CY2019 us-gaap Payments Of Dividends Minority Interest
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54000000 USD
CY2018 us-gaap Payments Of Dividends Minority Interest
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54000000 USD
CY2017 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
51000000 USD
CY2018 us-gaap Proceeds From Minority Shareholders
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16000000 USD
CY2017 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
4000000 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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-17000000 USD
CY2018 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
23000000 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
37000000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
225000000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-401000000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-592000000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1057000000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-2000000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-247000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
135000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
137000000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
384000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1192000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
135000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
137000000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1192000000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
135000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
137000000 USD
CY2019Q4 us-gaap Restricted Cash
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0 USD
CY2018Q4 us-gaap Restricted Cash
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0 USD
CY2017Q4 us-gaap Restricted Cash
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0 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1192000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
135000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
137000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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4660000000 USD
CY2016Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
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77000000 USD
CY2017 dgx Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Redeemable Noncontrolling Interest
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817000000 USD
CY2017 us-gaap Temporary Equity Net Income
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7000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
24000000 USD
CY2017 us-gaap Dividends Common Stock Cash
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247000000 USD
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47000000 USD
CY2017 dgx Temporaryequity Noncontrollinginterest Decreasefrom Distributionsto Noncontrolling Interest Holders
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4000000 USD
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
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23000000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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79000000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
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130000000 USD
CY2017 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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23000000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
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465000000 USD
CY2017 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
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4000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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4955000000 USD
CY2017Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
80000000 USD
CY2018 dgx Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest
781000000 USD
CY2018 us-gaap Temporary Equity Net Income
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7000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2018 us-gaap Dividends Common Stock Cash
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274000000 USD
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44000000 USD
CY2018 dgx Temporaryequity Noncontrollinginterest Decreasefrom Distributionsto Noncontrolling Interest Holders
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10000000 USD
CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
28000000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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61000000 USD
CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
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99000000 USD
CY2018 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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21000000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
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325000000 USD
CY2018 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
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16000000 USD
CY2018 dgx Tax Cutsand Jobs Actof2017 Reclassificationof Stranded Tax Effectsfrom Aoc Ito Retained Earnings
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0 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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5267000000 USD
CY2018Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
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77000000 USD
CY2019 dgx Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Redeemable Noncontrolling Interest
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900000000 USD
CY2019 us-gaap Temporary Equity Net Income
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6000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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20000000 USD
CY2019 us-gaap Dividends Common Stock Cash
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286000000 USD
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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47000000 USD
CY2019 dgx Temporaryequity Noncontrollinginterest Decreasefrom Distributionsto Noncontrolling Interest Holders
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7000000 USD
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
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24000000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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56000000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
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119000000 USD
CY2019 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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16000000 USD
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
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350000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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5687000000 USD
CY2019Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
76000000 USD
CY2019 us-gaap Nature Of Operations
NatureOfOperations
DESCRIPTION OF BUSINESS<div style="line-height:120%;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">    </span></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;"/><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Background</span></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">    </span></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><span 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.  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.  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.Ds, 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 offer healthcare organizations and clinicians robust information technology solutions.</span></div>
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain amounts in the prior period financial statements have been reclassified to conform to the presentation of the current period financial statements. </span></div>
CY2019 us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“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.
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
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500000000 USD
CY2019Q1 us-gaap Operating Lease Liability
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550000000 USD
CY2019Q1 us-gaap Accrued Rent Current And Noncurrent
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50000000 USD
CY2019Q4 dgx Percentageof Receivables Due From Patients
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0.20
CY2018Q4 dgx Changeinestimate Revenueand Receivables
ChangeinestimateRevenueandReceivables
35000000 USD
CY2019 us-gaap Equity Securities Fv Ni Gain Loss
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10000000 USD
CY2018 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-2000000 USD
CY2017 us-gaap Equity Securities Fv Ni Gain Loss
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8000000 USD
CY2019 dgx Investmentwithout Readily Determinable Fair Value Impairment
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0 USD
CY2019Q4 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
25000000 USD
CY2018Q4 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
10000000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
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12000000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
0 USD
CY2019 dgx Percentageof Net Revenues
PercentageofNetRevenues
1
CY2018 dgx Percentageof Net Revenues
PercentageofNetRevenues
1
CY2017 dgx Percentageof Net Revenues
PercentageofNetRevenues
1
CY2019Q4 dgx Percentageof Net Accounts Receivable
PercentageofNetAccountsReceivable
1
CY2018Q4 dgx Percentageof Net Accounts Receivable
PercentageofNetAccountsReceivable
1
CY2019 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
838000000 USD
CY2018 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
736000000 USD
CY2017 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
772000000 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
20000000 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
858000000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
736000000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
772000000 USD
CY2019 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
838000000 USD
CY2018 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
736000000 USD
CY2017 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
772000000 USD
CY2019 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
3000000 USD
CY2018 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
3000000 USD
CY2017 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
3000000 USD
CY2019 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
835000000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
733000000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
769000000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134000000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
136000000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
137000000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2000000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
136000000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139000000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140000000 shares
CY2019 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
6.21
CY2018 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
5.39
CY2017 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
5.63
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.15
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.36
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.39
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.63
CY2019 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
6.13
CY2018 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
5.29
CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
5.50
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.15
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.28
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.29
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.50
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3000000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000 shares
CY2018 us-gaap Restructuring Charges
RestructuringCharges
49000000 USD
CY2018 us-gaap Payments For Restructuring
PaymentsForRestructuring
33000000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
22000000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
38000000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
-3000000 USD
CY2019 us-gaap Payments For Restructuring
PaymentsForRestructuring
25000000 USD
CY2019 us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
-1000000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
9000000 USD
CY2019 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
63000000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
43000000 USD
CY2019 dgx Business Acquisition Goodwill Expected Tax Deductible Amount1
BusinessAcquisitionGoodwillExpectedTaxDeductibleAmount1
36000000 USD
CY2019 dgx Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Finite Lived Intangibles1
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedFiniteLivedIntangibles1
21000000 USD
CY2018 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
440000000 USD
CY2018 dgx Goodwill Relatedto Prior Period Acquisitions Including Purchase Accounting Adjustments Recorded During Current Period
GoodwillRelatedtoPriorPeriodAcquisitionsIncludingPurchaseAccountingAdjustmentsRecordedDuringCurrentPeriod
241000000 USD
CY2018 dgx Business Acquisition Goodwill Expected Tax Deductible Amount1
BusinessAcquisitionGoodwillExpectedTaxDeductibleAmount1
205000000 USD
CY2018 dgx Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Finite Lived Intangibles1
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedFiniteLivedIntangibles1
167000000 USD
CY2018 dgx Business Acquisition Postacquisition Revenue
BusinessAcquisitionPostacquisitionRevenue
84000000 USD
CY2017 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
587000000 USD
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
335000000 USD
CY2017 dgx Business Acquisition Goodwill Expected Tax Deductible Amount1
BusinessAcquisitionGoodwillExpectedTaxDeductibleAmount1
273000000 USD
CY2017 dgx Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Finite Lived Intangibles1
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedFiniteLivedIntangibles1
242000000 USD
CY2019Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
5100000000 USD
CY2018Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
4000000000.0 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1100000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
900000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1000000000.0 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
15000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-1000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-7000000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
176000000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
82000000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
226000000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
53000000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
26000000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5000000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
3000000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1000000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1000000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
21000000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
66000000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-20000000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-4000000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
10000000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
27000000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2000000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-3000000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
2000000 USD
CY2017 dgx Effective Income Tax Rate Reconciliation Changeforuncertaintaxpositionnetbenefitmainlyassociatedwithlapseofstatueoflimitations
EffectiveIncomeTaxRateReconciliationChangeforuncertaintaxpositionnetbenefitmainlyassociatedwithlapseofstatueoflimitations
0.016
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.011
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.004
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
247000000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
182000000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
241000000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.006
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.005
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.230
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.197
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.046
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.047
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.038
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.001
CY2019 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.011
CY2018 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.014
CY2017 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.019
CY2019 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.012
CY2018 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.019
CY2017 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.036
CY2019 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.014
CY2018 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.014
CY2017 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.020
CY2019 dgx Effective Income Tax Rate Reconciliation Changein Enacted Tax Rateand Repatriationof Foreign Earnings Percent
EffectiveIncomeTaxRateReconciliationChangeinEnactedTaxRateandRepatriationofForeignEarningsPercent
0
CY2018 dgx Effective Income Tax Rate Reconciliation Changein Enacted Tax Rateand Repatriationof Foreign Earnings Percent
EffectiveIncomeTaxRateReconciliationChangeinEnactedTaxRateandRepatriationofForeignEarningsPercent
0.001
CY2017 dgx Effective Income Tax Rate Reconciliation Changein Enacted Tax Rateand Repatriationof Foreign Earnings Percent
EffectiveIncomeTaxRateReconciliationChangeinEnactedTaxRateandRepatriationofForeignEarningsPercent
-0.104
CY2019 dgx Effective Income Tax Rate Reconciliation Changein Accounting Method
EffectiveIncomeTaxRateReconciliationChangeinAccountingMethod
0
CY2018 dgx Effective Income Tax Rate Reconciliation Changein Accounting Method
EffectiveIncomeTaxRateReconciliationChangeinAccountingMethod
-0.016
CY2017 dgx Effective Income Tax Rate Reconciliation Changein Accounting Method
EffectiveIncomeTaxRateReconciliationChangeinAccountingMethod
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
EffectiveIncomeTaxRateReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
0.011
CY2018 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
EffectiveIncomeTaxRateReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
0.010
CY2017 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
EffectiveIncomeTaxRateReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
0.011
CY2019 dgx Effective Income Tax Rate Reconciliation Changeforuncertaintaxpositionnetbenefitmainlyassociatedwithlapseofstatueoflimitations
EffectiveIncomeTaxRateReconciliationChangeforuncertaintaxpositionnetbenefitmainlyassociatedwithlapseofstatueoflimitations
0.017
CY2018 dgx Effective Income Tax Rate Reconciliation Changeforuncertaintaxpositionnetbenefitmainlyassociatedwithlapseofstatueoflimitations
EffectiveIncomeTaxRateReconciliationChangeforuncertaintaxpositionnetbenefitmainlyassociatedwithlapseofstatueoflimitations
-0.008
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.234
CY2019 dgx Income Tax Expense Benefit Dueto Releaseof Valuation Allowance Associated With Net Operating Loss Carryforwards
IncomeTaxExpenseBenefitDuetoReleaseofValuationAllowanceAssociatedWithNetOperatingLossCarryforwards
12000000 USD
CY2018 dgx Income Tax Benefit Associatedwith Changesin Tax Return Accounting Method
IncomeTaxBenefitAssociatedwithChangesinTaxReturnAccountingMethod
15000000 USD
CY2019Q4 dgx Deferred Tax Assets Tax Deferred Expense Reservesand Accruals Accounts Receivables
DeferredTaxAssetsTaxDeferredExpenseReservesandAccrualsAccountsReceivables
64000000 USD
CY2018Q4 dgx Deferred Tax Assets Tax Deferred Expense Reservesand Accruals Accounts Receivables
DeferredTaxAssetsTaxDeferredExpenseReservesandAccrualsAccountsReceivables
66000000 USD
CY2019Q4 dgx Liabilities Not Currently Deductible Non Current Dta
LiabilitiesNotCurrentlyDeductibleNonCurrentDta
126000000 USD
CY2018Q4 dgx Liabilities Not Currently Deductible Non Current Dta
LiabilitiesNotCurrentlyDeductibleNonCurrentDta
137000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
35000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
38000000 USD
CY2019Q4 dgx Deferred Tax Liability Investments Investmentsin Subsidiariesand Equitymethodinvestments
DeferredTaxLiabilityInvestmentsInvestmentsinSubsidiariesandEquitymethodinvestments
80000000 USD
CY2018Q4 dgx Deferred Tax Liability Investments Investmentsin Subsidiariesand Equitymethodinvestments
DeferredTaxLiabilityInvestmentsInvestmentsinSubsidiariesandEquitymethodinvestments
80000000 USD
CY2019Q4 dgx Net Operating Loss Carryfowards Net Of Valuation Allowance
NetOperatingLossCarryfowardsNetOfValuationAllowance
75000000 USD
CY2018Q4 dgx Net Operating Loss Carryfowards Net Of Valuation Allowance
NetOperatingLossCarryfowardsNetOfValuationAllowance
80000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
484000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
484000000 USD
CY2019Q4 dgx Noncurrent Deferred Tax Assets Liabilities Net
NoncurrentDeferredTaxAssetsLiabilitiesNet
-264000000 USD
CY2018Q4 dgx Noncurrent Deferred Tax Assets Liabilities Net
NoncurrentDeferredTaxAssetsLiabilitiesNet
-243000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
264000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
243000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
101000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
126000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
26000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
46000000 USD
CY2019Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
113000000 USD
CY2018Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
85000000 USD
CY2019Q4 us-gaap Prepaid Taxes
PrepaidTaxes
3000000 USD
CY2018Q4 us-gaap Prepaid Taxes
PrepaidTaxes
14000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
107000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
115000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
98000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
5000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
16000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
11000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
23000000 USD
CY2019 dgx Reductions For Changes In Judgment
ReductionsForChangesInJudgment
3000000 USD
CY2018 dgx Reductions For Changes In Judgment
ReductionsForChangesInJudgment
6000000 USD
CY2017 dgx Reductions For Changes In Judgment
ReductionsForChangesInJudgment
2000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
15000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
6000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
32000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
3000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
88000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
107000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
115000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
72000000 USD
CY2019Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
10000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
5000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
1000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
1000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
17000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
14000000 USD
CY2019 us-gaap Depreciation
Depreciation
233000000 USD
CY2017 us-gaap Interest Expense
InterestExpense
153000000 USD
CY2019 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
5000000 USD
CY2018 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
2000000 USD
CY2017 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
2000000 USD
CY2019 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-175000000 USD
CY2018 us-gaap Depreciation
Depreciation
219000000 USD
CY2017 us-gaap Depreciation
Depreciation
196000000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
329000000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
309000000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
270000000 USD
CY2019 us-gaap Interest Expense
InterestExpense
180000000 USD
CY2018 us-gaap Interest Expense
InterestExpense
169000000 USD
CY2018 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-167000000 USD
CY2017 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-151000000 USD
CY2019 us-gaap Interest Paid
InterestPaid
192000000 USD
CY2018 us-gaap Interest Paid
InterestPaid
174000000 USD
CY2017 us-gaap Interest Paid
InterestPaid
159000000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
202000000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
84000000 USD
CY2017 us-gaap Income Taxes Paid
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CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
26000000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
11000000 USD
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
26000000 USD
CY2019Q4 dgx Treasury Stock Purchasedbut Notyet Paid
TreasuryStockPurchasedbutNotyetPaid
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CY2018Q4 dgx Treasury Stock Purchasedbut Notyet Paid
TreasuryStockPurchasedbutNotyetPaid
3000000 USD
CY2017Q4 dgx Treasury Stock Purchasedbut Notyet Paid
TreasuryStockPurchasedbutNotyetPaid
0 USD
CY2019Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
71000000 USD
CY2018Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
71000000 USD
CY2017Q4 us-gaap Dividends Payable Current And Noncurrent
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61000000 USD
CY2019 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
63000000 USD
CY2018 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
453000000 USD
CY2017 us-gaap Fair Value Of Assets Acquired
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657000000 USD
CY2019 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
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CY2018 us-gaap Liabilities Assumed1
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7000000 USD
CY2017 us-gaap Liabilities Assumed1
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58000000 USD
CY2019 dgx Fair Value Of Net Assets Acquired
FairValueOfNetAssetsAcquired
63000000 USD
CY2018 dgx Fair Value Of Net Assets Acquired
FairValueOfNetAssetsAcquired
446000000 USD
CY2017 dgx Fair Value Of Net Assets Acquired
FairValueOfNetAssetsAcquired
599000000 USD
CY2019 dgx Mergerconsiderationpaidpayablenet
Mergerconsiderationpaidpayablenet
-5000000 USD
CY2018 dgx Mergerconsiderationpaidpayablenet
Mergerconsiderationpaidpayablenet
-19000000 USD
CY2017 dgx Mergerconsiderationpaidpayablenet
Mergerconsiderationpaidpayablenet
-6000000 USD
CY2019 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
58000000 USD
CY2018 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
427000000 USD
CY2017 us-gaap Payments To Acquire Businesses Gross
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593000000 USD
CY2018 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
6000000 USD
CY2017 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
12000000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
58000000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
421000000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
581000000 USD
CY2019 us-gaap Operating Lease Payments
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180000000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
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3000000 USD
CY2019 us-gaap Finance Lease Principal Payments
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4000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
164000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1000000 USD
CY2018 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
1000000 USD
CY2017 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
7000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
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4229000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
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3970000000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2776000000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2682000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
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1453000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
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1288000000 USD
CY2018Q4 us-gaap Goodwill
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6563000000 USD
CY2017Q4 us-gaap Goodwill
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6335000000 USD
CY2019 us-gaap Goodwill Acquired During Period
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43000000 USD
CY2018 us-gaap Goodwill Acquired During Period
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228000000 USD
CY2019 us-gaap Goodwill Period Increase Decrease
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13000000 USD
CY2018 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 USD
CY2019Q4 us-gaap Goodwill
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6619000000 USD
CY2018Q4 us-gaap Goodwill
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CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1820000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
699000000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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1121000000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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1812000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
605000000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
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1207000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
96000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
90000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
87000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
85000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
82000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
445000000 USD
CY2019Q4 dgx Finite Lived Intangible Assets Estimated Amortization Expense Total
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885000000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
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287000000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
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249000000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
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223000000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
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274000000 USD
CY2019Q4 us-gaap Accounts Payable Trade Current
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263000000 USD
CY2018Q4 us-gaap Accounts Payable Trade Current
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222000000 USD
CY2019Q4 us-gaap Bank Overdrafts
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88000000 USD
CY2018Q4 us-gaap Bank Overdrafts
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CY2019Q4 us-gaap Dividends Payable Current
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71000000 USD
CY2018Q4 us-gaap Dividends Payable Current
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71000000 USD
CY2019Q4 us-gaap Interest Payable Current
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45000000 USD
CY2018Q4 us-gaap Interest Payable Current
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47000000 USD
CY2019Q4 us-gaap Accrued Insurance Current
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30000000 USD
CY2018Q4 us-gaap Accrued Insurance Current
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29000000 USD
CY2019Q4 us-gaap Accrued Income Taxes Current
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27000000 USD
CY2018Q4 us-gaap Accrued Income Taxes Current
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17000000 USD
CY2019Q4 dgx Merger Consideration Payable Current
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7000000 USD
CY2018Q4 dgx Merger Consideration Payable Current
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14000000 USD
CY2019Q4 us-gaap Accounts Payable And Accrued Liabilities Current
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1041000000 USD
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current
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1021000000 USD
CY2019Q4 us-gaap Unamortized Debt Issuance Expense
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26000000 USD
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
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17000000 USD
CY2019Q4 us-gaap Long Term Debt
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CY2018Q4 us-gaap Long Term Debt
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CY2019Q4 us-gaap Long Term Debt Current
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804000000 USD
CY2018Q4 us-gaap Long Term Debt Current
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464000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
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3966000000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
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3429000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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803000000 USD
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553000000 USD
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3000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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302000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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3147000000 USD
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4809000000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount
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10000000 USD
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3000000 USD
CY2019Q4 us-gaap Long Term Debt
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CY2019Q4 us-gaap Long Term Debt Current
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3966000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
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CY2019Q4 us-gaap Finance Lease Right Of Use Asset
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CY2019Q4 dgx Lease Rightof Use Asset
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CY2019Q4 us-gaap Operating Lease Liability Current
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CY2019Q4 us-gaap Finance Lease Liability Noncurrent
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30000000 USD
CY2019Q4 dgx Lease Liability
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24000000 USD
CY2019 us-gaap Operating Lease Cost
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294000000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2019 us-gaap Finance Lease Interest Expense
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CY2019 us-gaap Lease Cost
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CY2019 dgx Shortterm Leaseand Variable Lease Cost
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120000000 USD
CY2018 us-gaap Lease And Rental Expense
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220000000 USD
CY2017 us-gaap Lease And Rental Expense
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219000000 USD
CY2019Q4 dgx Operatingand Finance Lease Liability
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591000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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151000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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6000000 USD
CY2019Q4 dgx Lessee Operatingand Finance Lease Liability Payments Due Next Twelve Months
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157000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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129000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Two
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6000000 USD
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135000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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102000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Three
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5000000 USD
CY2019Q4 dgx Lessee Operatingand Finance Lease Liability Payments Due Year Three
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107000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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82000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Four
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3000000 USD
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85000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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52000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Five
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3000000 USD
CY2019Q4 dgx Lessee Operatingand Finance Lease Liability Payments Due Year Five
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55000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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105000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due After Year Five
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31000000 USD
CY2019Q4 dgx Lessee Operatingand Finance Lease Liability Payments Dueafter Year Five
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136000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
621000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due
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54000000 USD
CY2019Q4 dgx Lessee Operatingand Finance Lease Liability Payments Due
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675000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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63000000 USD
CY2019Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
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21000000 USD
CY2019Q4 dgx Lessee Operatingand Finance Lease Liability Undiscounted Excess Amount
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84000000 USD
CY2019Q4 us-gaap Operating Lease Liability
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558000000 USD
CY2019Q4 us-gaap Finance Lease Liability
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33000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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181000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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143000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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106000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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79000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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60000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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122000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
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691000000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P12Y
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.034
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2017 us-gaap Share Based Compensation
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79000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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27000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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33000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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67000000 USD
CY2019 us-gaap Other Nonoperating Income Expense
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20000000 USD
CY2018 us-gaap Other Nonoperating Income Expense
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CY2017 us-gaap Other Nonoperating Income Expense
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16000000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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0.198
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.024
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.019
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.019
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.025
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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1.00
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2006Q2 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2006Q2 us-gaap Common Stock Shares Authorized
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300000000 shares
CY2006Q2 us-gaap Common Stock Shares Authorized
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600000000 shares
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
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0.53
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
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0.50
CY2018Q4 us-gaap Common Stock Dividends Per Share Declared
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0.53
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
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0.45
CY2019Q4 us-gaap Common Stock Dividends Per Share Declared
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0.53
CY2019Q4 dgx Stock Repurchase Program Additional Authorized Amount
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1000000000 USD
CY2019Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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1200000000 USD
CY2019 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
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2000000 shares
CY2018 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
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3000000 shares
CY2017 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
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2000000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2019 dgx Sharebasedcompensationexcesstaxbenefitamount
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13000000 USD
CY2018 dgx Sharebasedcompensationexcesstaxbenefitamount
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18000000 USD
CY2017 dgx Sharebasedcompensationexcesstaxbenefitamount
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37000000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
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84000000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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14.30
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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18.14
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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15.98
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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0.204
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.191
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.028
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.021
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y2M12D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y3M18D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y2M12D
CY2019 us-gaap Share Based Compensation
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56000000 USD
CY2018 us-gaap Share Based Compensation
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61000000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
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78000000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
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76000000 USD
CY2019Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
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210000000 USD
CY2019Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
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83000000 USD
CY2019Q4 dgx Unrecorded Unconditional Purchase Obligation Duewithin Twoand Three Years
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91000000 USD
CY2019 dgx Remaining Termsof Contingent Lease Obligations Maximum
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P28Y
CY2019Q4 us-gaap Litigation Reserve
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1000000 USD
CY2019Q4 us-gaap Malpractice Loss Contingency Accrual Undiscounted
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132000000 USD
CY2018Q4 us-gaap Malpractice Loss Contingency Accrual Undiscounted
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125000000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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7726000000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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7531000000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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7402000000 USD
CY2019 us-gaap Operating Income Loss
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1231000000 USD
CY2018 us-gaap Operating Income Loss
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1101000000 USD
CY2017 us-gaap Operating Income Loss
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1165000000 USD
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CY2018 us-gaap Nonoperating Income Expense
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CY2017 us-gaap Nonoperating Income Expense
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