$LH
LABCORP HOLDINGS INC. Stock $lh

$lh Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-Q Financial Statement

#000092014819000053 Filed on May 03, 2019

Income Statement

Concept	2019 Q1	2018 Q1
Revenue	$2.791B	$2.848B
YoY Change	-2.0%	18.01%
Cost Of Revenue	$2.002B	$2.069B
YoY Change	-3.28%	21.64%
Gross Profit	$789.7M	$779.0M
YoY Change	1.37%	9.33%
Gross Profit Margin	28.29%	27.35%
Selling, General & Admin	$393.8M	$397.0M
YoY Change	-0.81%	15.78%
% of Gross Profit	49.87%	50.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$135.5M	$142.8M
YoY Change	-5.11%	11.48%
% of Gross Profit	17.16%	18.33%
Operating Expenses	$393.8M	$397.0M
YoY Change	-0.81%	15.78%
Operating Profit	$318.2M	$305.4M
YoY Change	4.19%	-3.99%
Interest Expense	$56.70M	$63.50M
YoY Change	-10.71%	21.18%
% of Operating Profit	17.82%	20.79%
Other Income/Expense, Net	-$63.50M	-$63.90M
YoY Change	-0.63%	21.02%
Pretax Income	$254.7M	$241.5M
YoY Change	5.47%	-8.97%
Income Tax	$68.80M	$69.00M
% Of Pretax Income	27.01%	28.57%
Net Earnings	$185.6M	$173.2M
YoY Change	7.16%	-5.36%
Net Earnings / Revenue	6.65%	6.08%
Basic Earnings Per Share	$1.88	$1.70
Diluted Earnings Per Share	$1.86	$1.67
COMMON SHARES
Basic Shares Outstanding	98.60M shares	101.9M shares
Diluted Shares Outstanding	99.50M shares	103.4M shares

Balance Sheet

Concept	2019 Q1	2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$349.0M	$362.0M
YoY Change	-3.59%	-1.09%
Cash & Equivalents	$348.8M	$361.8M
Short-Term Investments
Other Short-Term Assets	$317.0M	$347.0M
YoY Change	-8.65%	1.17%
Inventory	$233.7M	$226.2M
Prepaid Expenses	$317.1M	$347.0M
Receivables	$1.563B	$1.613B
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.885B	$2.897B
YoY Change	-0.39%	16.52%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.458B	$1.750B
YoY Change	40.46%	1.74%
Goodwill	$7.386B	$7.616B
YoY Change	-3.01%	17.12%
Intangibles	$3.885B	$4.298B
YoY Change	-9.6%	23.87%
Long-Term Investments	$67.00M	$58.00M
YoY Change	15.52%	0.0%
Other Assets	$288.2M	$212.1M
YoY Change	35.88%	11.4%
Total Long-Term Assets	$14.09B	$13.94B
YoY Change	1.08%	16.69%
TOTAL ASSETS
Total Short-Term Assets	$2.885B	$2.897B
Total Long-Term Assets	$14.09B	$13.94B
Total Assets	$16.97B	$16.83B
YoY Change	0.83%	16.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$592.2M	$519.1M
YoY Change	14.08%	7.05%
Accrued Expenses	$797.3M	$749.1M
YoY Change	6.43%	32.65%
Deferred Revenue
YoY Change
Short-Term Debt	$1.000M	$9.000M
YoY Change	-88.89%	-30.77%
Long-Term Debt Due	$508.0M	$409.0M
YoY Change	24.21%	-19.17%
Total Short-Term Liabilities	$2.527B	$2.104B
YoY Change	20.1%	20.01%
LONG-TERM LIABILITIES
Long-Term Debt	$5.496B	$6.359B
YoY Change	-13.58%	17.72%
Other Long-Term Liabilities	$307.3M	$372.8M
YoY Change	-17.57%	-5.45%
Total Long-Term Liabilities	$5.803B	$6.732B
YoY Change	-13.8%	16.15%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.527B	$2.104B
Total Long-Term Liabilities	$5.803B	$6.732B
Total Liabilities	$9.840B	$9.828B
YoY Change	0.13%	12.16%
SHAREHOLDERS EQUITY
Retained Earnings	$7.265B	$6.369B
YoY Change	14.07%	23.72%
Common Stock	$1.413B	$1.981B
YoY Change	-28.68%	-3.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.128B	$1.085B
YoY Change	3.91%	5.0%
Treasury Stock Shares
Shareholders Equity	$7.111B	$6.984B
YoY Change
Total Liabilities & Shareholders Equity	$16.97B	$16.83B
YoY Change	0.83%	16.66%

Cashflow Statement

Concept	2019 Q1	2018 Q1
OPERATING ACTIVITIES
Net Income	$185.6M	$173.2M
YoY Change	7.16%	-5.36%
Depreciation, Depletion And Amortization	$135.5M	$142.8M
YoY Change	-5.11%	11.48%
Cash From Operating Activities	$165.8M	$179.7M
YoY Change	-7.74%	-20.45%
INVESTING ACTIVITIES
Capital Expenditures	$94.20M	$72.50M
YoY Change	29.93%	0.42%
Acquisitions	$47.30M	$0.00
YoY Change		-100.0%
Other Investing Activities	-$46.30M	-$1.800M
YoY Change	2472.22%	-98.95%
Cash From Investing Activities	-$140.5M	-$74.30M
YoY Change	89.1%	-69.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$100.1M	$75.00M
YoY Change	33.47%	-49.32%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$103.2M	-$65.00M
YoY Change	58.77%	25.24%
NET CHANGE
Cash From Operating Activities	$165.8M	$179.7M
Cash From Investing Activities	-$140.5M	-$74.30M
Cash From Financing Activities	-$103.2M	-$65.00M
Net Change In Cash	-$78.00M	$40.40M
YoY Change	-293.07%	-156.5%
FREE CASH FLOW
Cash From Operating Activities	$165.8M	$179.7M
Capital Expenditures	$94.20M	$72.50M
Free Cash Flow	$71.60M	$107.2M
YoY Change	-33.21%	-30.25%

Facts In Submission

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CY2019Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
CY2019Q1	dei	Document Period End Date DocumentPeriodEndDate	2019-03-31
CY2019Q1	dei	Document Type DocumentType	10-Q
CY2019Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000920148
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CY2019Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
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CY2019Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
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CY2018Q4	us-gaap	Deferred Sales Commission DeferredSalesCommission	37100000	USD
CY2019Q1	us-gaap	Deferred Sales Commission DeferredSalesCommission	40300000	USD
CY2018Q1	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	16100000	USD
CY2019Q1	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	24200000	USD
CY2019Q1	us-gaap	Defined Contribution Plan Employer Matching Contribution Percent Of Match DefinedContributionPlanEmployerMatchingContributionPercentOfMatch	0.045
CY2018Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	142800000	USD
CY2019Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	137300000	USD
CY2018Q1	us-gaap	Disposal Group Including Discontinued Operation Operating Income Loss DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss	2000000	USD
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.70
CY2019Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.88
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.67
CY2019Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.86
CY2018Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	4700000	USD
CY2019Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-100000	USD
CY2019Q1	us-gaap	Embedded Derivative Fair Value Of Embedded Derivative Net EmbeddedDerivativeFairValueOfEmbeddedDerivativeNet	0	USD
CY2019Q1	us-gaap	Embedded Derivative Gain Loss On Embedded Derivative Net EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet	0	USD
CY2019Q1	us-gaap	Fair Value Hedge Assets At Fair Value FairValueHedgeAssetsAtFairValue	9000000	USD
CY2018Q4	us-gaap	Fair Value Hedge Liabilities At Fair Value FairValueHedgeLiabilitiesAtFairValue	3100000	USD
CY2019Q1	us-gaap	Fair Value Hedge Liabilities At Fair Value FairValueHedgeLiabilitiesAtFairValue	600000	USD
CY2019Q1	us-gaap	Fair Value Hedges At Fair Value Net FairValueHedgesAtFairValueNet	600000	USD
CY2019Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	800000	USD
CY2019Q1	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	500000	USD
CY2019Q1	us-gaap	Finance Lease Liability FinanceLeaseLiability	56400000	USD
CY2018Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	7900000	USD
CY2019Q1	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	7700000	USD
CY2018Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	51000000	USD
CY2019Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	48700000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	92500000	USD
CY2018Q4	us-gaap	Finance Lease Liability Payments Due After Year Five FinanceLeaseLiabilityPaymentsDueAfterYearFive	23100000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due After Year Five FinanceLeaseLiabilityPaymentsDueAfterYearFive	34300000	USD
CY2018Q4	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	8600000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	10900000	USD
CY2018Q4	us-gaap	Finance Lease Liability Payments Due Year Five FinanceLeaseLiabilityPaymentsDueYearFive	6500000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due Year Five FinanceLeaseLiabilityPaymentsDueYearFive	10700000	USD
CY2018Q4	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	6000000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	10800000	USD
CY2018Q4	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	6700000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	12000000	USD
CY2018Q4	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	8000000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	13800000	USD
CY2019Q1	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	36100000	USD
CY2019Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	3000000	USD
CY2019Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	43600000	USD
CY2019Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	1400000	USD
CY2019Q1	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.046
CY2019Q1	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P6Y7M
CY2018Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1604800000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1661500000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	2409500000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	169100000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	202300000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	206000000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	211900000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	218500000	USD
CY2019Q1	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	24800000	USD
CY2018Q4	us-gaap	Foreign Currency Contract Asset Fair Value Disclosure ForeignCurrencyContractAssetFairValueDisclosure	2800000	USD
CY2019Q1	us-gaap	Foreign Currency Contract Asset Fair Value Disclosure ForeignCurrencyContractAssetFairValueDisclosure	9000000	USD
CY2018Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-1700000	USD
CY2019Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-6000000	USD
CY2018Q4	us-gaap	Goodwill Goodwill	7360300000	USD
CY2019Q1	us-gaap	Goodwill Goodwill	7385900000	USD
CY2019Q1	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	22100000	USD
CY2019Q1	us-gaap	Goodwill Translation And Purchase Accounting Adjustments GoodwillTranslationAndPurchaseAccountingAdjustments	3500000	USD
CY2018Q1	us-gaap	Gross Profit GrossProfit	779000000	USD
CY2019Q1	us-gaap	Gross Profit GrossProfit	789700000	USD
CY2018Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2500000	USD
CY2019Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	3000000	USD
CY2018Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	500000	USD
CY2019Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	800000	USD
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	69000000	USD
CY2019Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	68800000	USD
CY2018Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	24600000	USD
CY2019Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-2200000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-59800000	USD
CY2019Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-28800000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	53600000	USD
CY2019Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	90800000	USD
CY2018Q1	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-58500000	USD
CY2019Q1	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-136600000	USD
CY2018Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	26200000	USD
CY2019Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	5600000	USD
CY2018Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1400000	USD
CY2019Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-3400000	USD
CY2018Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	33800000	USD
CY2019Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-7200000	USD
CY2018Q1	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	22800000	USD
CY2019Q1	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	26400000	USD
CY2018Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1500000	shares
CY2019Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	900000	shares
CY2018Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	5515900000	USD
CY2019Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	5546400000	USD
CY2018Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3911100000	USD
CY2019Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3884900000	USD
CY2018Q1	us-gaap	Interest Expense InterestExpense	63500000	USD
CY2019Q1	us-gaap	Interest Expense InterestExpense	56700000	USD
CY2018Q4	us-gaap	Inventory Net InventoryNet	237300000	USD
CY2019Q1	us-gaap	Inventory Net InventoryNet	233700000	USD
CY2018Q1	us-gaap	Investment Income Net InvestmentIncomeNet	600000	USD
CY2019Q1	us-gaap	Investment Income Net InvestmentIncomeNet	600000	USD
CY2018Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	60500000	USD
CY2019Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	66900000	USD
CY2018Q1	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	85700000	USD
CY2019Q1	us-gaap	Lease Cost LeaseCost	2200000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	803900000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	38100000	USD
CY2018Q4	us-gaap	Liabilities Liabilities	9194800000	USD
CY2019Q1	us-gaap	Liabilities Liabilities	9840000000	USD
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	16185300000	USD
CY2019Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	16970800000	USD
CY2018Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1878900000	USD
CY2019Q1	us-gaap	Liabilities Current LiabilitiesCurrent	2526900000	USD
CY2014Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1000000000	USD
CY2018Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5990900000	USD
CY2019Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5495600000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-65000000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-103200000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-74300000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-140500000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	179700000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	165800000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	173200000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	185600000	USD
CY2018Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-700000	USD
CY2019Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	300000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	173200000	USD
CY2019Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	185600000	USD
CY2018Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-63900000	USD
CY2019Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-63500000	USD
CY2018Q4	us-gaap	Notes Payable NotesPayable	7100000	USD
CY2019Q1	us-gaap	Notes Payable NotesPayable	6600000	USD
CY2018Q4	us-gaap	Notes Payable Current NotesPayableCurrent	1800000	USD
CY2019Q1	us-gaap	Notes Payable Current NotesPayableCurrent	1800000	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	305400000	USD
CY2019Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	318200000	USD
CY2019Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	61200000	USD
CY2019Q1	us-gaap	Operating Lease Impairment Loss OperatingLeaseImpairmentLoss	1700000	USD
CY2019Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	765800000	USD
CY2018Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	0	USD
CY2019Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	263400000	USD
CY2018Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	0	USD
CY2019Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	502400000	USD
CY2019Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	62000000	USD
CY2019Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	717900000	USD
CY2019Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.040
CY2019Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y3M
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	191100000	USD
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	208000000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	61500000	USD
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	54000000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	80900000	USD
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	75600000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	107000000	USD
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	108800000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	145400000	USD
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	196100000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	155600000	USD
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	161400000	USD
CY2018Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	276000000	USD
CY2019Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	288200000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	21600000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Before Tax OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax	24300000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	42300000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	24300000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	39400000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	21600000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	52500000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	23600000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax	2700000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-2900000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-2700000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	700000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-10200000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	700000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	0	USD
CY2018Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	334000000	USD
CY2019Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	307300000	USD
CY2018Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3500000	USD
CY2019Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-10400000	USD
CY2019Q1	us-gaap	Other Significant Noncash Transaction Value Of Consideration Given1 OtherSignificantNoncashTransactionValueOfConsiderationGiven1	24700000	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	75000000	USD
CY2019Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	100100000	USD
CY2018Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	5600000	USD
CY2019Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	200000	USD
CY2018Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	25000000	USD
CY2019Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	19400000	USD
CY2018Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
CY2019Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	47300000	USD
CY2018Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	1900000	USD
CY2019Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	3300000	USD
CY2018Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	72500000	USD
CY2019Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	94200000	USD
CY2019Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.10
CY2019Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	30000000	shares
CY2019Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	309000000	USD
CY2019Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	317100000	USD
CY2018Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	229700000	USD
CY2019Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	133200000	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	0	USD
CY2019Q1	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	400000	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	100000	USD
CY2019Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	3900000	USD
CY2018Q1	us-gaap	Profit Loss ProfitLoss	172500000	USD
CY2019Q1	us-gaap	Profit Loss ProfitLoss	185900000	USD
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1740300000	USD
CY2019Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2457900000	USD
CY2018Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	214700000	USD
CY2019Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	133200000	USD
CY2018Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	2800000	USD
CY2019Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	3000000	USD
CY2019Q1	us-gaap	Restructuring Charges RestructuringCharges	18400000	USD
CY2018Q4	us-gaap	Restructuring Reserve RestructuringReserve	43600000	USD
CY2019Q1	us-gaap	Restructuring Reserve RestructuringReserve	15700000	USD
CY2019Q1	us-gaap	Restructuring Reserve Accrual Adjustment1 RestructuringReserveAccrualAdjustment1	-500000	USD
CY2019Q1	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	15700000	USD
CY2019Q1	us-gaap	Restructuring Reserve Noncurrent RestructuringReserveNoncurrent	0	USD
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	7079800000	USD
CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	7265400000	USD
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	3950400000	USD
CY2018Q1	us-gaap	Revenues Revenues	2848300000	USD
CY2019Q1	us-gaap	Revenues Revenues	2791200000	USD
CY2019Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	0	USD
CY2019Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	35700000	USD
CY2018Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	397000000	USD
CY2019Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	393800000	USD
CY2018Q1	us-gaap	Severance Costs1 SeveranceCosts1	11300000	USD
CY2019Q1	us-gaap	Severance Costs1 SeveranceCosts1	16800000	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	25800000	USD
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	25500000	USD
CY2019Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	3300000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures	25000000	USD
CY2019Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	1250000000	USD
CY2019Q1	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	800000	shares
CY2019Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	800000	shares
CY2018Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	75000000	USD
CY2019Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	100100000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	6804100000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	6984000000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	6971400000	USD
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	7111300000	USD
CY2019Q1	us-gaap	Treasury Stock Carrying Basis TreasuryStockCarryingBasis	100100000	USD
CY2018Q4	us-gaap	Treasury Stock Value TreasuryStockValue	1108100000	USD
CY2019Q1	us-gaap	Treasury Stock Value TreasuryStockValue	1127500000	USD
CY2018Q4	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	394400000	USD
CY2019Q1	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	422700000	USD
CY2018Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	18000000	USD
CY2019Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	17200000	USD
CY2018Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	8700000	USD
CY2019Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	9000000	USD
CY2019Q1	us-gaap	Variable Lease Cost VariableLeaseCost	4500000	USD
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	103400000	shares
CY2019Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	99500000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	101900000	shares
CY2019Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	98600000	shares

Files In Submission

Name	View Source	Status
0000920148-19-000053-index-headers.html	Edgar Link	pending
0000920148-19-000053-index.html	Edgar Link	pending
0000920148-19-000053.txt	Edgar Link	pending
0000920148-19-000053-xbrl.zip	Edgar Link	pending
ex101retirementagreementfs.htm	Edgar Link	pending
ex311q12019.htm	Edgar Link	pending
ex312q12019.htm	Edgar Link	pending
ex32q12019.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
lh-20190331.xml	Edgar Link	completed
lh-20190331.xsd	Edgar Link	pending
lh-20190331_cal.xml	Edgar Link	unprocessable
lh-20190331_def.xml	Edgar Link	unprocessable
lh-20190331_lab.xml	Edgar Link	unprocessable
lh-20190331_pre.xml	Edgar Link	unprocessable
lh201910-qq1.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$LH
LABCORP HOLDINGS INC. Stock $lh

2019 Q1 Form 10-Q Financial Statement

#000092014819000053 Filed on May 03, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LH LABCORP HOLDINGS INC. Stock $lh

2019 Q1 Form 10-Q Financial Statement

#000092014819000053 Filed on May 03, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LH
LABCORP HOLDINGS INC. Stock $lh