2019 Q4 Form 10-K Financial Statement

#000092014820000011 Filed on February 28, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018 Q3
Revenue $2.953B $2.788B $2.831B
YoY Change 5.95% 1.56% 8.01%
Cost Of Revenue $2.133B $2.015B $2.041B
YoY Change 5.84% 4.54% 11.11%
Gross Profit $820.7M $772.4M $789.9M
YoY Change 6.25% -5.47% 0.73%
Gross Profit Margin 27.79% 27.71% 27.9%
Selling, General & Admin $380.5M $396.9M $381.8M
YoY Change -4.13% -4.89% 0.13%
% of Gross Profit 46.36% 51.39% 48.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $155.8M $137.7M $133.1M
YoY Change 13.14% -5.03% 0.0%
% of Gross Profit 18.98% 17.83% 16.85%
Operating Expenses $444.7M $453.1M $381.8M
YoY Change -1.85% -5.64% 0.13%
Operating Profit $336.4M $307.7M $343.4M
YoY Change 9.33% -6.93% 5.11%
Interest Expense -$49.70M -$51.80M $59.40M
YoY Change -4.05% -21.28% -0.83%
% of Operating Profit -14.77% -16.83% 17.3%
Other Income/Expense, Net -$4.800M -$41.40M $156.2M
YoY Change -88.41% -3057.14% -360.77%
Pretax Income $292.9M $214.5M $499.6M
YoY Change 36.55% -19.42% 87.26%
Income Tax $65.60M $384.4M $180.6M
% Of Pretax Income 22.4% 179.21% 36.15%
Net Earnings $227.1M $157.9M $318.8M
YoY Change 43.83% -77.04% 85.89%
Net Earnings / Revenue 7.69% 5.66% 11.26%
Basic Earnings Per Share $2.34 $1.58 $3.14
Diluted Earnings Per Share $2.32 $1.56 $3.10
COMMON SHARES
Basic Shares Outstanding 97.10M shares 100.9M shares 101.6M shares
Diluted Shares Outstanding 102.7M shares

Balance Sheet

Concept 2019 Q4 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $338.0M $427.0M $893.0M
YoY Change -20.84% 34.7% 118.34%
Cash & Equivalents $337.5M $426.8M $892.6M
Short-Term Investments
Other Short-Term Assets $374.0M $309.0M $293.0M
YoY Change 21.04% -9.91% -34.89%
Inventory $244.7M $237.3M $233.0M
Prepaid Expenses $373.7M $309.0M $292.5M
Receivables $1.544B $1.468B $1.536B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.981B $2.835B $3.274B
YoY Change 5.14% 3.72% 12.88%
LONG-TERM ASSETS
Property, Plant & Equipment $2.637B $1.740B $1.734B
YoY Change 51.5% 1.97% -0.11%
Goodwill $7.865B $7.360B $7.363B
YoY Change 6.86% -0.55% 0.51%
Intangibles $4.035B $3.911B $3.991B
YoY Change 3.16% -6.12% -9.61%
Long-Term Investments $85.00M $61.00M $58.00M
YoY Change 39.34% 60900.0% -10.77%
Other Assets $435.4M $276.0M $239.4M
YoY Change 57.75% 26.9% -3.39%
Total Long-Term Assets $15.07B $13.35B $13.39B
YoY Change 12.85% -4.23% -2.93%
TOTAL ASSETS
Total Short-Term Assets $2.981B $2.835B $3.274B
Total Long-Term Assets $15.07B $13.35B $13.39B
Total Assets $18.05B $16.19B $16.66B
YoY Change 11.5% -2.93% -0.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $632.3M $634.6M $497.5M
YoY Change -0.36% 10.58% -16.44%
Accrued Expenses $942.4M $870.0M $901.5M
YoY Change 8.32% 9.67% 47.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $8.000M $9.000M
YoY Change -100.0% -11.11% -10.0%
Long-Term Debt Due $424.0M $10.00M $409.0M
YoY Change 4140.0% -97.56% 5012.5%
Total Short-Term Liabilities $2.656B $1.879B $2.106B
YoY Change 41.35% -14.04% 37.02%
LONG-TERM LIABILITIES
Long-Term Debt $5.790B $5.991B $6.045B
YoY Change -3.36% -5.57% -16.05%
Other Long-Term Liabilities $383.2M $334.0M $343.0M
YoY Change 14.73% -11.17% -14.97%
Total Long-Term Liabilities $6.173B $6.325B $6.388B
YoY Change -2.4% -17.46% -15.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.656B $1.879B $2.106B
Total Long-Term Liabilities $6.173B $6.325B $6.388B
Total Liabilities $10.46B $9.195B $9.393B
YoY Change 13.75% -6.63% -10.87%
SHAREHOLDERS EQUITY
Retained Earnings $7.904B $7.157B $6.922B
YoY Change 10.44% 15.5% 25.46%
Common Stock $35.80M $1.463B $1.840B
YoY Change -97.55% -26.93% -8.46%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $1.108B $1.106B
YoY Change -100.0% 4.53% 4.45%
Treasury Stock Shares 0.000 shares 23.50M shares
Shareholders Equity $7.644B $7.048B $7.248B
YoY Change
Total Liabilities & Shareholders Equity $18.05B $16.19B $16.66B
YoY Change 11.5% -2.93% -0.18%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income $227.1M $157.9M $318.8M
YoY Change 43.83% -77.04% 85.89%
Depreciation, Depletion And Amortization $155.8M $137.7M $133.1M
YoY Change 13.14% -5.03% 0.0%
Cash From Operating Activities $569.8M $486.4M $251.9M
YoY Change 17.15% -13.91% -36.5%
INVESTING ACTIVITIES
Capital Expenditures -$128.2M -$122.2M -$97.90M
YoY Change 4.91% 26.9% 30.01%
Acquisitions
YoY Change
Other Investing Activities -$23.90M -$24.70M $647.8M
YoY Change -3.24% -69.88% -152.32%
Cash From Investing Activities -$152.1M -$146.9M $549.9M
YoY Change 3.54% -17.61% -141.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -449.4M -802.9M -128.9M
YoY Change -44.03% 67.17% -112.65%
NET CHANGE
Cash From Operating Activities 569.8M 486.4M 251.9M
Cash From Investing Activities -152.1M -146.9M 549.9M
Cash From Financing Activities -449.4M -802.9M -128.9M
Net Change In Cash -31.70M -463.4M 672.9M
YoY Change -93.16% 395.09% 561.0%
FREE CASH FLOW
Cash From Operating Activities $569.8M $486.4M $251.9M
Capital Expenditures -$128.2M -$122.2M -$97.90M
Free Cash Flow $698.0M $608.6M $349.8M
YoY Change 14.69% -7.97% -25.89%

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CY2018 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
200000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
5800000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
914500000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
754300000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1475300000 USD
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
12100000 USD
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2131700000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4969000000.0 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1012700000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-581900000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
5518200000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
1227100000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
248200000 USD
CY2017 lh Issuance Of Common Stock Under Employee Stock Plans
IssuanceOfCommonStockUnderEmployeeStockPlans
73600000 USD
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
47400000 USD
CY2017 lh Conversion Of Zero Coupon Convertible Debt
ConversionOfZeroCouponConvertibleDebt
12800000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
109700000 USD
CY2017 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
338100000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
6804100000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
883700000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-129400000 USD
CY2018 lh Issuance Of Common Stock Under Employee Stock Plans
IssuanceOfCommonStockUnderEmployeeStockPlans
69100000 USD
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
48000000.0 USD
CY2018 lh Conversion Of Zero Coupon Convertible Debt
ConversionOfZeroCouponConvertibleDebt
300000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
91600000 USD
CY2018 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
700000000.0 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
6971400000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
823800000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
90700000 USD
CY2019 lh Issuance Of Common Stock Under Employee Stock Plans
IssuanceOfCommonStockUnderEmployeeStockPlans
64700000 USD
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
40600000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
107000000.0 USD
CY2019 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2019 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
450000000.0 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
7567000000.0 USD
CY2019 us-gaap Profit Loss
ProfitLoss
824900000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
883900000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
1232900000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
577200000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
552100000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
533200000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
107000000.0 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
91600000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
109700000 USD
CY2019 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-13200000 USD
CY2018 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
184900000 USD
CY2017 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2019 lh Depreciation And Amortization Of Leased Assets
DepreciationAndAmortizationOfLeasedAssets
194100000 USD
CY2018 lh Depreciation And Amortization Of Leased Assets
DepreciationAndAmortizationOfLeasedAssets
0 USD
CY2017 lh Depreciation And Amortization Of Leased Assets
DepreciationAndAmortizationOfLeasedAssets
0 USD
CY2019 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-29200000 USD
CY2018 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-22200000 USD
CY2017 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
525800000 USD
CY2019 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-6500000 USD
CY2018 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
10800000 USD
CY2017 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
25800000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
64100000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-50200000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
13200000 USD
CY2019 us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
59000000.0 USD
CY2018 us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
81000000.0 USD
CY2017 us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
-4000000.0 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
21900000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
18900000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
16400000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
42600000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
57900000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-19800000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-12800000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
43300000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
172300000 USD
CY2019 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
38100000 USD
CY2018 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-33800000 USD
CY2017 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
58600000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-132100000 USD
CY2018 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
27800000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-102800000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1444700000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1305400000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1498100000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
400200000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
379800000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
312900000 USD
CY2019 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
27500000 USD
CY2018 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
22300000 USD
CY2017 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
36200000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7700000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
50100000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
5500000 USD
CY2019 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
11200000 USD
CY2018 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
0 USD
CY2017 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
0 USD
CY2019 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2018 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
658200000 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2019 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
1700000 USD
CY2018 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
18300000 USD
CY2017 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
0 USD
CY2019 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2018 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2017 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2500000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
876000000.0 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
117800000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1882600000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1283100000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
206700000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2228700000 USD
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1050000000.0 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1200000000.0 USD
CY2019 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
850000000.0 USD
CY2018 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
0 USD
CY2017 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
750000000.0 USD
CY2019 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
1002000000.0 USD
CY2018 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
295000000.0 USD
CY2017 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
493000000.0 USD
CY2019 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
495000000.0 USD
CY2018 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
467200000 USD
CY2017 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1392200000 USD
CY2019 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
495000000.0 USD
CY2018 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
467200000 USD
CY2017 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1392200000 USD
CY2019 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
687900000 USD
CY2018 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
400000000.0 USD
CY2017 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
500100000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
11600000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
15300000 USD
CY2019 lh Other Financing Cash Flows
OtherFinancingCashFlows
25300000 USD
CY2018 lh Other Financing Cash Flows
OtherFinancingCashFlows
16000000.0 USD
CY2017 lh Other Financing Cash Flows
OtherFinancingCashFlows
36500000 USD
CY2019 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-40600000 USD
CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-48000000.0 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-47400000 USD
CY2019 lh Net Proceeds From Issuance Of Stock To Employees
NetProceedsFromIssuanceOfStockToEmployees
64700000 USD
CY2018 lh Net Proceeds From Issuance Of Stock To Employees
NetProceedsFromIssuanceOfStockToEmployees
69100000 USD
CY2017 lh Net Proceeds From Issuance Of Stock To Employees
NetProceedsFromIssuanceOfStockToEmployees
73600000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
450000000.0 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
700000000.0 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
338100000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-252700000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1389900000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
593200000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1800000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-12000000.0 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
20500000 USD
CY2019 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-89300000 USD
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
110200000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-116900000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
426800000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
316600000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
433600000 USD
CY2019 lh Cashincludedinassetsheldforsale
Cashincludedinassetsheldforsale
0 USD
CY2018 lh Cashincludedinassetsheldforsale
Cashincludedinassetsheldforsale
0 USD
CY2017 lh Cashincludedinassetsheldforsale
Cashincludedinassetsheldforsale
100000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
337500000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
426800000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
316600000 USD
CY2019 lh Cost Method Investments Maximum Ownership Percentage
CostMethodInvestmentsMaximumOwnershipPercentage
0.20
CY2019 lh Greater Than Lease Term Months Requiredto Record Rightof Use Assetand Lease Liability
GreaterThanLeaseTermMonthsRequiredtoRecordRightofUseAssetandLeaseLiability
P12Y
CY2019 lh Less Than Initial Lease Term Months For Short Term Lease Exemptionand Recordingon Balance Sheet
LessThanInitialLeaseTermMonthsForShortTermLeaseExemptionandRecordingonBalanceSheet
P12Y
CY2019 lh Less Than Initial Lease Term Months For Short Term Lease Exemptionand Recordingon Balance Sheet
LessThanInitialLeaseTermMonthsForShortTermLeaseExemptionandRecordingonBalanceSheet
P12Y
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:4px;padding-top:9px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;padding-bottom:9px;padding-top:4px;text-align:justify;text-indent:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with generally accepted accounting principles requires the Company 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 reported periods. Significant estimates include implicit price concessions, revenue estimates, the allowances for doubtful accounts, deferred tax assets, fair values of acquired assets and assumed liabilities in business combinations, amortization lives for acquired intangible assets, and accruals for self-insurance reserves, litigation reserves and pensions. The allowance for doubtful accounts is determined based on historical collections trends, the aging of accounts, current economic conditions and regulatory changes. Actual results could differ from those estimates.</span></div>
CY2019Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
335000000.0 USD
CY2018Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
423000000.0 USD
CY2019Q4 lh Concentration Risk Accounts Receivable Medicare And Medicaid
ConcentrationRiskAccountsReceivableMedicareAndMedicaid
81400000 USD
CY2018Q4 lh Concentration Risk Accounts Receivable Medicare And Medicaid
ConcentrationRiskAccountsReceivableMedicareAndMedicaid
88800000 USD
CY2019Q4 lh Accountsreceivablefrom Ontariogovernmentsponsoredhealthcareplan
AccountsreceivablefromOntariogovernmentsponsoredhealthcareplan
3200000 USD
CY2018Q4 lh Accountsreceivablefrom Ontariogovernmentsponsoredhealthcareplan
AccountsreceivablefromOntariogovernmentsponsoredhealthcareplan
500000 USD
CY2019Q4 lh Percentofgrossaccountsreceivableduefrompatients
Percentofgrossaccountsreceivableduefrompatients
0.211
CY2018Q4 lh Percentofgrossaccountsreceivableduefrompatients
Percentofgrossaccountsreceivableduefrompatients
0.215
CY2019 us-gaap Net Income Loss
NetIncomeLoss
823800000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97900000 shares
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.42
CY2018 us-gaap Net Income Loss
NetIncomeLoss
883700000 USD
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
101400000 shares
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.71
CY2017 us-gaap Net Income Loss
NetIncomeLoss
1227100000 USD
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102400000 shares
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
11.99
CY2019 lh Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
700000 shares
CY2018 lh Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
1200000 shares
CY2017 lh Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
1400000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2018 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
100000 shares
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
823800000 USD
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
98600000 shares
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.35
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
883700000 USD
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
102600000 shares
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.61
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1227100000 USD
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
103900000 shares
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
11.81
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2019Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
228300000 USD
CY2018Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
200100000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
16400000 USD
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
37200000 USD
CY2019 lh Propertyplantandequipmentusefullifesoftwareminimum
Propertyplantandequipmentusefullifesoftwareminimum
3 Y
CY2019 lh Propertyplantandequipmentusefullifesoftwaremaximum
Propertyplantandequipmentusefullifesoftwaremaximum
10 Y
CY2019 lh Property Plant And Equipment Useful Life Software Average
PropertyPlantAndEquipmentUsefulLifeSoftwareAverage
5 Y
CY2019Q4 lh Percentage Fair Valueof Goodwill Exceeded Carrying Value
PercentageFairValueofGoodwillExceededCarryingValue
0.10
CY2019Q4 lh Valueof Reporting Units Goodwill
ValueofReportingUnitsGoodwill
2200000000 USD
CY2019Q4 lh Percentage Changein Discount Rate Usedto Calculate Fair Valueof Goodwill
PercentageChangeinDiscountRateUsedtoCalculateFairValueofGoodwill
0.01
CY2019Q4 lh Percentage Fair Value Exceeds Carrying Valuewitha1 Changein Discount Rate Usedto Calculate Fair Valueof Goodwill
PercentageFairValueExceedsCarryingValuewitha1ChangeinDiscountRateUsedtoCalculateFairValueofGoodwill
0.01
CY2019Q4 lh Income Tax Benefit Minimum Certainty Percentage
IncomeTaxBenefitMinimumCertaintyPercentage
0.50
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
0 USD
CY2019 us-gaap Reclassifications
Reclassifications
<div style="line-height:120%;padding-bottom:9px;padding-top:9px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications and Revisions</span></div><span style="font-family:inherit;font-size:10pt;">In conjunction with the adoption of the new lease standard, the Company reclassified the capital lease asset balance of </span><span style="font-family:inherit;font-size:10pt;text-align:right;vertical-align:bottom;"><span>$44.4</span></span><span style="font-family:inherit;font-size:10pt;"> at December 31, 2018 from Property, plant and equipment, net to Other assets.</span>
CY2018 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
44400000 USD
CY2019 lh Percentof Revenue Contributed
PercentofRevenueContributed
1
CY2018 lh Percentof Revenue Contributed
PercentofRevenueContributed
1
CY2017 lh Percentof Revenue Contributed
PercentofRevenueContributed
1
CY2019 lh Sales Commission Amortization Period Minimum
SalesCommissionAmortizationPeriodMinimum
P12M
CY2019 lh Sales Commission Amortization Period Maximum
SalesCommissionAmortizationPeriodMaximum
P57M
CY2019Q4 us-gaap Accrued Sales Commission Current And Noncurrent
AccruedSalesCommissionCurrentAndNoncurrent
28600000 USD
CY2018Q4 us-gaap Accrued Sales Commission Current And Noncurrent
AccruedSalesCommissionCurrentAndNoncurrent
24200000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
14900000 USD
CY2018Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
12900000 USD
CY2019Q4 us-gaap Deferred Sales Commission
DeferredSalesCommission
43500000 USD
CY2018Q4 us-gaap Deferred Sales Commission
DeferredSalesCommission
37100000 USD
CY2019 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
21200000 USD
CY2018 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
16900000 USD
CY2017 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
14300000 USD
CY2019 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
8700000 USD
CY2018 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
4400000 USD
CY2017 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
300000 USD
CY2019Q4 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
771100000 USD
CY2018Q4 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
693600000 USD
CY2019Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
483700000 USD
CY2018Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
396900000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
449200000 USD
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
354100000 USD
CY2019 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
250200000 USD
CY2018 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
204000000.0 USD
CY2019Q4 lh Percentofremainingperformanceobligationsrecognizedasrevenueinnextyear
Percentofremainingperformanceobligationsrecognizedasrevenueinnextyear
0.350
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
4520800000 USD
CY2018Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3784700000 USD
CY2019 lh Long Term Contracts Duration Minimum
LongTermContractsDurationMinimum
P1Y
CY2019 lh Long Term Contracts Duration Maximum
LongTermContractsDurationMaximum
P8Y
CY2019 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
88900000 USD
CY2018 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
21000000.0 USD
CY2019Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
110000000.0 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-12200000 USD
CY2019Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
110000000.0 USD
CY2019Q2 lh Totalacquisitionconsiderationcashstocknotesetc.
Totalacquisitionconsiderationcashstocknotesetc.
711000000.0 USD
CY2019Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
0 USD
CY2019Q2 lh Totalacquisitionconsiderationcashstocknotesetc.
Totalacquisitionconsiderationcashstocknotesetc.
711000000.0 USD
CY2019 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P15Y
CY2019 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
11742500000 USD
CY2018 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
11738500000 USD
CY2019 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
831400000 USD
CY2018 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
906600000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
117800000 USD
CY2018 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
67800000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
70500000 USD
CY2018 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
7600000 USD
CY2017 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
12900000 USD
CY2019 lh Net Restructuring Charges
NetRestructuringCharges
54600000 USD
CY2019 us-gaap Severance Costs1
SeveranceCosts1
32900000 USD
CY2019 us-gaap Business Exit Costs1
BusinessExitCosts1
24900000 USD
CY2019 lh Employee Severance Benefits Related Restructuring Reserve Accrual Adjustment
EmployeeSeveranceBenefitsRelatedRestructuringReserveAccrualAdjustment
1700000 USD
CY2019 lh Facility Related Restructuring Reserve Accrual Adjustment
FacilityRelatedRestructuringReserveAccrualAdjustment
1500000 USD
CY2018 lh Net Restructuring Charges
NetRestructuringCharges
48100000 USD
CY2018 us-gaap Severance Costs1
SeveranceCosts1
40300000 USD
CY2018 us-gaap Business Exit Costs1
BusinessExitCosts1
11800000 USD
CY2018 lh Employee Severance Benefits Related Restructuring Reserve Accrual Adjustment
EmployeeSeveranceBenefitsRelatedRestructuringReserveAccrualAdjustment
2000000.0 USD
CY2018 lh Facility Related Restructuring Reserve Accrual Adjustment
FacilityRelatedRestructuringReserveAccrualAdjustment
2000000.0 USD
CY2017 lh Net Restructuring Charges
NetRestructuringCharges
70900000 USD
CY2017 us-gaap Severance Costs1
SeveranceCosts1
36100000 USD
CY2017 us-gaap Business Exit Costs1
BusinessExitCosts1
18800000 USD
CY2017 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
20900000 USD
CY2017 lh Employee Severance Benefits Related Restructuring Reserve Accrual Adjustment
EmployeeSeveranceBenefitsRelatedRestructuringReserveAccrualAdjustment
500000 USD
CY2017 lh Facility Related Restructuring Reserve Accrual Adjustment
FacilityRelatedRestructuringReserveAccrualAdjustment
4400000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
54700000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
52100000 USD
CY2018 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
4000000.0 USD
CY2018 lh Restructuring Reserve Settled With Cash And Other Adjustment
RestructuringReserveSettledWithCashAndOtherAdjustment
59200000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
43600000 USD
CY2019 lh Asc842 Lease Adoption Implementation Impact
ASC842LeaseAdoptionImplementationImpact
32800000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
33100000 USD
CY2019 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
24700000 USD
CY2019 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
3200000 USD
CY2019 lh Restructuring Reserve Settled With Cash And Other Adjustment
RestructuringReserveSettledWithCashAndOtherAdjustment
52000000.0 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
13400000 USD
CY2019Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
9800000 USD
CY2019Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
3600000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
13400000 USD
CY2019 lh Numberofyearsrestructuringliabilitiesexpectedtobepaidoutover
Numberofyearsrestructuringliabilitiesexpectedtobepaidoutover
P4Y4M24D
CY2019Q4 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P15Y
CY2019Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P15Y
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
224000000.0 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
11100000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
6700000 USD
CY2019 us-gaap Lease Cost
LeaseCost
17800000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
227300000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
6700000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
8900000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
132600000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
200000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
732800000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
206500000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
596600000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
803100000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
87700000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
8400000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
91100000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
99500000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y7M6D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P15Y6M
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.052
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
206500000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
15800000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
164800000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
13900000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
121000000.0 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
12600000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
88200000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
12400000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
67600000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
10900000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
289900000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
96800000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
938000000.0 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
162400000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
134900000 USD
CY2019Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
62900000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
206500000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
8400000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
596600000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
91100000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
10600000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
20800000 USD
CY2019Q4 lh Leasesnotyetcommenced
Leasesnotyetcommenced
3
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
191100000 USD
CY2018Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
8600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
145400000 USD
CY2018Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
8000000.0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
107000000.0 USD
CY2018Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
6700000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
80900000 USD
CY2018Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
6000000.0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
61500000 USD
CY2018Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
6500000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
155600000 USD
CY2018Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
23100000 USD
CY2019 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
393100000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
358700000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
313800000 USD
CY2019Q4 lh Canadian Licenses Alberta Canada
CanadianLicensesAlbertaCanada
34000000.0 USD
CY2019Q4 lh Ah Stransferto Canadian Jv
AHStransfertoCanadianJV
50000000.0
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
19000000.0 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
15700000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1543900000 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1467900000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4565300000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3478200000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1928700000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1737900000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2636600000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1740300000 USD
CY2019 lh Software Depreciation
SoftwareDepreciation
90400000 USD
CY2018 lh Software Depreciation
SoftwareDepreciation
92700000 USD
CY2017 lh Software Depreciation
SoftwareDepreciation
85600000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
7360300000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
7400900000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
494500000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
70500000 USD
CY2019 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-12600000 USD
CY2018 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-34900000 USD
CY2019 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
22800000 USD
CY2018 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-76200000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
7865000000.0 USD
CY2018Q4 us-gaap Goodwill
Goodwill
7360300000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
5885600000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1851100000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4034500000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
5515900000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1604800000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3911100000 USD
CY2019 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
325900000 USD
CY2019 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P13Y1M6D
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
243200000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
231700000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
216500000 USD
CY2019 lh Adjustmentstointangiblesthroughamortizationexpense
Adjustmentstointangiblesthroughamortizationexpense
400000 USD
CY2018 lh Adjustmentstointangiblesthroughamortizationexpense
Adjustmentstointangiblesthroughamortizationexpense
4500000 USD
CY2017 lh Adjustmentstointangiblesthroughamortizationexpense
Adjustmentstointangiblesthroughamortizationexpense
3000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
243200000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
234000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
228000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
224800000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
219600000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2315700000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
474600000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
427600000 USD
CY2019Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
156700000 USD
CY2018Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
124800000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
311100000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
317600000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
942400000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
870000000.0 USD
CY2019Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
188400000 USD
CY2018Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
125800000 USD
CY2019Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
76700000 USD
CY2018Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
64200000 USD
CY2019Q4 lh Other Liabilities Noncurrent Other
OtherLiabilitiesNoncurrentOther
118100000 USD
CY2018Q4 lh Other Liabilities Noncurrent Other
OtherLiabilitiesNoncurrentOther
144000000.0 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
383200000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
334000000.0 USD
CY2019Q4 us-gaap Convertible Subordinated Debt Current
ConvertibleSubordinatedDebtCurrent
0 USD
CY2018Q4 us-gaap Convertible Subordinated Debt Current
ConvertibleSubordinatedDebtCurrent
8700000 USD
CY2019Q4 lh A4.625 Seniornotesdue2020
A4.625Seniornotesdue2020
413700000 USD
CY2018Q4 lh A4.625 Seniornotesdue2020
A4.625Seniornotesdue2020
0 USD
CY2019Q4 lh Shorttermdebtissuancecosts
Shorttermdebtissuancecosts
700000 USD
CY2018Q4 lh Shorttermdebtissuancecosts
Shorttermdebtissuancecosts
500000 USD
CY2019Q4 us-gaap Notes Payable Current
NotesPayableCurrent
2200000 USD
CY2018Q4 us-gaap Notes Payable Current
NotesPayableCurrent
1800000 USD
CY2019Q4 us-gaap Debt Current
DebtCurrent
415200000 USD
CY2018Q4 us-gaap Debt Current
DebtCurrent
10000000.0 USD
CY2019Q4 lh A4.625 Senior Notes Long Term Portion
A4.625SeniorNotesLongTermPortion
0 USD
CY2018Q4 lh A4.625 Senior Notes Long Term Portion
A4.625SeniorNotesLongTermPortion
597000000.0 USD
CY2019Q4 lh A2.625 Senior Notesdue2020
A2.625SeniorNotesdue2020
0 USD
CY2018Q4 lh A2.625 Senior Notesdue2020
A2.625SeniorNotesdue2020
500000000.0 USD
CY2019Q4 lh A3.75 Seniornotesdue2022
A3.75Seniornotesdue2022
500000000.0 USD
CY2018Q4 lh A3.75 Seniornotesdue2022
A3.75Seniornotesdue2022
500000000.0 USD
CY2019Q4 lh A3.20 Seniornotesdue2022
A3.20Seniornotesdue2022
500000000.0 USD
CY2018Q4 lh A3.20 Seniornotesdue2022
A3.20Seniornotesdue2022
500000000.0 USD
CY2019Q4 lh A4.00 Seniornotesdue2023
A4.00Seniornotesdue2023
300000000.0 USD
CY2018Q4 lh A4.00 Seniornotesdue2023
A4.00Seniornotesdue2023
300000000.0 USD
CY2019Q4 lh Seniornotesdue2024
Seniornotesdue2024
600000000.0 USD
CY2018Q4 lh Seniornotesdue2024
Seniornotesdue2024
600000000.0 USD
CY2019Q4 lh A3.60 Seniornotesdue2025
A3.60Seniornotesdue2025
1000000000.0 USD
CY2018Q4 lh A3.60 Seniornotesdue2025
A3.60Seniornotesdue2025
1000000000.0 USD
CY2019Q4 lh Seniornotesdue2027
Seniornotesdue2027
600000000.0 USD
CY2018Q4 lh Seniornotesdue2027
Seniornotesdue2027
600000000.0 USD
CY2019Q4 lh A4.70 Seniornotesdue2045
A4.70Seniornotesdue2045
900000000.0 USD
CY2018Q4 lh A4.70 Seniornotesdue2045
A4.70Seniornotesdue2045
900000000.0 USD
CY2019Q4 lh A2.30seniornotesdue2024
A2.30seniornotesdue2024
400000000.0 USD
CY2018Q4 lh A2.30seniornotesdue2024
A2.30seniornotesdue2024
0 USD
CY2019Q4 lh A2.95seniornotesdue2029
A2.95seniornotesdue2029
650000000.0 USD
CY2018Q4 lh A2.95seniornotesdue2029
A2.95seniornotesdue2029
0 USD
CY2019Q4 lh A2019 Term Loan
A2019TermLoan
375000000.0 USD
CY2018Q4 lh A2019 Term Loan
A2019TermLoan
0 USD
CY2019Q4 lh A2017 Termloan
A2017Termloan
0 USD
CY2018Q4 lh A2017 Termloan
A2017Termloan
527100000 USD
CY2019Q4 lh Longtermdebtissuancecosts
Longtermdebtissuancecosts
42200000 USD
CY2018Q4 lh Longtermdebtissuancecosts
Longtermdebtissuancecosts
40300000 USD
CY2019Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
7000000.0 USD
CY2018Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
7100000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5789800000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5990900000 USD
CY2019Q2 lh A2019 Term Loan
A2019TermLoan
850000000.0 USD
CY2017Q3 lh A2017 Termloan
A2017Termloan
750000000.0 USD
CY2014Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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CY2019Q4 us-gaap Senior Long Term Notes
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375000000.0 USD
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1000000000.0 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
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300000000.0 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
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1000000000.0 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
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3157000000.0 USD
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42900000 USD
CY2019Q4 us-gaap Long Term Debt
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CY2018Q4 us-gaap Treasury Stock Shares
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125100000 shares
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1200000 shares
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1600000 shares
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100000 shares
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0 shares
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23600000 shares
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0 shares
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CY2019 us-gaap Stock Repurchased And Retired During Period Shares
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2900000 shares
CY2018 us-gaap Stock Repurchased And Retired During Period Shares
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4300000 shares
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2500000 shares
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122400000 shares
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125100000 shares
CY2018Q4 us-gaap Treasury Stock Shares
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23500000 shares
CY2017Q4 us-gaap Treasury Stock Shares
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23200000 shares
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22900000 shares
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100000 shares
CY2018 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
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300000 shares
CY2017 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
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300000 shares
CY2019 us-gaap Treasury Stock Shares Retired
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23600000 shares
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0 shares
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0 shares
CY2019Q4 us-gaap Treasury Stock Shares
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0 shares
CY2018Q4 us-gaap Treasury Stock Shares
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23500000 shares
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23200000 shares
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1250000000.0 USD
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2900000 shares
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154.94
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450000000.0 USD
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100000000.0 USD
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93000000.0 USD
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29400000 USD
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CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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0 USD
CY2018 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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CY2018 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
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0 USD
CY2018 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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7400000 USD
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7400000 USD
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CY2018 us-gaap Other Comprehensive Income Loss Tax
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73300000 USD
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104400000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
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CY2019 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
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81900000 USD
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0 USD
CY2019 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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5100000 USD
CY2019 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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5100000 USD
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0 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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3700000 USD
CY2019 us-gaap Other Comprehensive Income Loss Tax
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87000000.0 USD
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CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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238700000 USD
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1104900000 USD
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CY2019 us-gaap Income Tax Expense Benefit
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CY2018 us-gaap Income Tax Expense Benefit
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CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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-0.003
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Restructuring Charges
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CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Restructuring Charges
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0.019
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Restructuring Charges
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0.006
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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0.024
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CY2019 lh Effectiveincometaxratereconciliationdeferredtaxesonunremittedearnings
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0
CY2018 lh Effectiveincometaxratereconciliationdeferredtaxesonunremittedearnings
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0
CY2017 lh Effectiveincometaxratereconciliationdeferredtaxesonunremittedearnings
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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0.012
CY2017 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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0.011
CY2018 lh Effective Income Tax Rate Reconciliation Gilti Impact Percent
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0.010
CY2017 lh Effective Income Tax Rate Reconciliation Gilti Impact Percent
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0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.005
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.009
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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0.253
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0.303
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-0.144
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2017 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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519000000.0 USD
CY2018 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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30100000 USD
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11800000 USD
CY2018 lh Nettaximpactof Gilti
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13000000.0 USD
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16900000 USD
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13900000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
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105100000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
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104400000 USD
CY2019Q4 lh Deferred Tax Asset Right Of Use Asset
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191400000 USD
CY2018Q4 lh Deferred Tax Asset Right Of Use Asset
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0 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
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9900000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
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16800000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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207100000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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209000000.0 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
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62900000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
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34500000 USD
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593300000 USD
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CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2019Q4 us-gaap Deferred Tax Assets Net
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CY2018Q4 us-gaap Deferred Tax Assets Net
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221700000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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177300000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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910500000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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891800000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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194600000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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182800000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
57400000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
31400000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1106000000.0 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
891900000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
884300000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
156900000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
153500000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
31300000 USD
CY2019 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
0 USD
CY2018 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
3400000 USD
CY2017 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
11500000 USD
CY2019 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
11500000 USD
CY2018 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
0 USD
CY2017 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
-110700000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
145400000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
156900000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
153500000 USD
CY2019Q4 lh Federal Tax Loss Carryovers
FederalTaxLossCarryovers
209500000 USD
CY2019Q4 lh Federal Tax Loss Carryforwards Indefinite
FederalTaxLossCarryforwardsIndefinite
6100000 USD
CY2019 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
3900000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
594100000 USD
CY2019Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
311400000 USD
CY2019Q4 lh Federaland State Attribute Carryforwards
FederalandStateAttributeCarryforwards
252500000 USD
CY2019 lh Federaland State Attribute Carryforward Valuation Allowance
FederalandStateAttributeCarryforwardValuationAllowance
209600000 USD
CY2019Q4 lh Foreign Tax Loss Carryovers
ForeignTaxLossCarryovers
116900000 USD
CY2019 lh Foreign Tax Loss Carryover Valuation Allowance
ForeignTaxLossCarryoverValuationAllowance
26700000 USD
CY2019Q4 lh Foreign Tax Loss Carryovers Expirein2034
ForeignTaxLossCarryoversExpirein2034
443800000 USD
CY2019Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
6900000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
156900000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
145400000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
31700000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
18000000.0 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
5500000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
8700000 USD
CY2019 us-gaap Income Tax Examination Penalties Expense
IncomeTaxExaminationPenaltiesExpense
2000000.0 USD
CY2018 us-gaap Income Tax Examination Penalties Expense
IncomeTaxExaminationPenaltiesExpense
1800000 USD
CY2017 us-gaap Income Tax Examination Penalties Expense
IncomeTaxExaminationPenaltiesExpense
2300000 USD
CY2019 lh Reversalof Accrued Income Tax Penalties And Interest
ReversalofAccruedIncomeTaxPenaltiesAndInterest
5800000 USD
CY2018 lh Reversalof Accrued Income Tax Penalties And Interest
ReversalofAccruedIncomeTaxPenaltiesAndInterest
500000 USD
CY2017 lh Reversalof Accrued Income Tax Penalties And Interest
ReversalofAccruedIncomeTaxPenaltiesAndInterest
4300000 USD
CY2019 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
200000 USD
CY2019Q4 lh Accrued Tax Interest Addedfrom Acquisition
AccruedTaxInterestAddedfromAcquisition
800000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
18000000.0 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19500000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
18400000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
10300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3100000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
7300000 USD
CY2019 lh Unrecognized Tax Benefits Increasein Reserve From Acquisition
UnrecognizedTaxBenefitsIncreaseinReserveFromAcquisition
8400000 USD
CY2018 lh Unrecognized Tax Benefits Increasein Reserve From Acquisition
UnrecognizedTaxBenefitsIncreaseinReserveFromAcquisition
0 USD
CY2017 lh Unrecognized Tax Benefits Increasein Reserve From Acquisition
UnrecognizedTaxBenefitsIncreaseinReserveFromAcquisition
0 USD
CY2019 lh Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions
800000 USD
CY2018 lh Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions
4600000 USD
CY2017 lh Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4200000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
6200000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
31700000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
18000000.0 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19500000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
31700000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
18000000.0 USD
CY2019Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
601400000 USD
CY2018Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
490100000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
9800000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
6300000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
24500000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
27600000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
37500000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
43900000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
6900000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
9400000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
13400000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
24500000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
44100000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
34800000 USD
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
39.85
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
30.39
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
34.40
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
44.37
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.016
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.016
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.025
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.027
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.208
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.208
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.200
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.189
CY2019 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
5900000 USD
CY2018 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
3500000 USD
CY2017 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
900000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Rights
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights
one third increments beginning on the first anniversary of the grant
CY2019 lh Share Based Compensation Arrangement Performance Share Awards Vesting Conditions
ShareBasedCompensationArrangementPerformanceShareAwardsVestingConditions
Performance share awards are subject to certain earnings per share, revenue and total shareholder return targets
CY2019 lh Restricted Stock Performance Shares Expense
RestrictedStockPerformanceSharesExpense
91200000 USD
CY2018 lh Restricted Stock Performance Shares Expense
RestrictedStockPerformanceSharesExpense
80100000 USD
CY2017 lh Restricted Stock Performance Shares Expense
RestrictedStockPerformanceSharesExpense
100800000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
112200000 USD
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y2M12D
CY2019Q4 lh Employee Stock Purchase Plan Number Of Authorized Shares
EmployeeStockPurchasePlanNumberOfAuthorizedShares
1800000 shares
CY2019 lh Employee Stock Purchase Plan Percent Of Market Price
EmployeeStockPurchasePlanPercentOfMarketPrice
0.85
CY2019 lh Employee Stock Purchase Plan Number Of Shares Purchased
EmployeeStockPurchasePlanNumberOfSharesPurchased
200000 shares
CY2019 lh Employee Stock Purchase Plan Expense
EmployeeStockPurchasePlanExpense
9900000 USD
CY2018 lh Employee Stock Purchase Plan Expense
EmployeeStockPurchasePlanExpense
8000000.0 USD
CY2017 lh Employee Stock Purchase Plan Expense
EmployeeStockPurchasePlanExpense
8000000.0 USD
CY2019 lh Employee Stock Purchase Plan Fair Value Employee Purchase Right
EmployeeStockPurchasePlanFairValueEmployeePurchaseRight
31.84
CY2018 lh Employee Stock Purchase Plan Fair Value Employee Purchase Right
EmployeeStockPurchasePlanFairValueEmployeePurchaseRight
34.43
CY2017 lh Employee Stock Purchase Plan Fair Value Employee Purchase Right
EmployeeStockPurchasePlanFairValueEmployeePurchaseRight
31.54
CY2019Q4 lh Numberof Additional Parties Not Providing Consent
NumberofAdditionalPartiesNotProvidingConsent
40
CY2019Q4 lh Damages Per Violation
DamagesPerViolation
500.0000 USD
CY2019 lh Non Elective Contribution
NonElectiveContribution
0.03
CY2019 lh Discretionary Contribution Percentage Minimum
DiscretionaryContributionPercentageMinimum
0.01
CY2019 lh Discretionary Contribution Percentage Maximum
DiscretionaryContributionPercentageMaximum
0.03
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
52300000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
65000000.0 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
58100000 USD
CY2019 lh Defined Contribution Plan Total Expense
DefinedContributionPlanTotalExpense
65600000 USD
CY2018 lh Defined Contribution Plan Total Expense
DefinedContributionPlanTotalExpense
63600000 USD
CY2017 lh Defined Contribution Plan Total Expense
DefinedContributionPlanTotalExpense
59100000 USD
CY2019 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.045
CY2019 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
73900000 USD
CY2018 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
66300000 USD
CY2017 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
58400000 USD
CY2019 us-gaap Pension Contributions
PensionContributions
0.0 USD
CY2018 us-gaap Pension Contributions
PensionContributions
28900000 USD
CY2017 us-gaap Pension Contributions
PensionContributions
16000000.0 USD
CY2018 lh Defined Benefit Plan Distribution Threshold For Settlement
DefinedBenefitPlanDistributionThresholdForSettlement
16500000 USD
CY2018Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
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-87600000 USD
CY2019Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-93400000 USD
CY2018Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-87600000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
262100000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
246900000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsProjectedBenefitObligation
46600000 USD
CY2019 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
3300000 USD
CY2019 lh Contingentconsiderationadjustment
Contingentconsiderationadjustment
14100000 USD
CY2019 lh Increase Decrease In Noncontrolling Interest Put
IncreaseDecreaseInNoncontrollingInterestPut
800000 USD
CY2019Q4 lh Zero Coupon Notes Fair Value
ZeroCouponNotesFairValue
0.0 USD
CY2018 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
2100000 USD
CY2019 lh Maximumdeferralpercentageofannualcashincentivepay
Maximumdeferralpercentageofannualcashincentivepay
1.000
CY2019 lh Maximumdeferralpercentageofannualbasesalary
Maximumdeferralpercentageofannualbasesalary
0.500
CY2019Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
76700000 USD
CY2018Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
64200000 USD
CY2019Q4 lh Fair Value Liabilities Measured On Recurring Basis Noncontrolling Interest Puts
FairValueLiabilitiesMeasuredOnRecurringBasisNoncontrollingInterestPuts
15800000 USD
CY2019Q4 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
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3200000 USD
CY2019Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
80200000 USD
CY2019Q4 lh Fair Value Liabilities Measured On Recurring Basis Deferred Compensation Liability
FairValueLiabilitiesMeasuredOnRecurringBasisDeferredCompensationLiability
76700000 USD
CY2019Q4 lh Fair Value Liabilities Measured On Recurring Basis Deferred Compensation Liability
FairValueLiabilitiesMeasuredOnRecurringBasisDeferredCompensationLiability
76700000 USD
CY2019Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
9100000 USD
CY2019Q4 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
7800000 USD
CY2018Q4 lh Fair Value Liabilities Measured On Recurring Basis Noncontrolling Interest Puts
FairValueLiabilitiesMeasuredOnRecurringBasisNoncontrollingInterestPuts
15000000.0 USD
CY2018Q4 us-gaap Fair Value Hedges At Fair Value Net
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3100000 USD
CY2018Q4 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
2800000 USD
CY2018Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
63500000 USD
CY2018Q4 lh Fair Value Liabilities Measured On Recurring Basis Deferred Compensation Liability
FairValueLiabilitiesMeasuredOnRecurringBasisDeferredCompensationLiability
64200000 USD
CY2018Q4 lh Fair Value Liabilities Measured On Recurring Basis Deferred Compensation Liability
FairValueLiabilitiesMeasuredOnRecurringBasisDeferredCompensationLiability
64200000 USD
CY2018Q4 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
18600000 USD
CY2018Q4 lh Zero Coupon Notes Fair Value
ZeroCouponNotesFairValue
16900000 USD
CY2019Q4 lh Senior Notes Fair Value
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5281100000 USD
CY2018Q4 lh Senior Notes Fair Value
SeniorNotesFairValue
5318000000.0 USD
CY2019 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.02298
CY2019Q4 us-gaap Fair Value Hedge Liabilities At Fair Value
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1500000 USD
CY2018Q4 us-gaap Fair Value Hedge Liabilities At Fair Value
FairValueHedgeLiabilitiesAtFairValue
0 USD
CY2019Q4 lh A4.625 Senior Notes Long Term Portion
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0 USD
CY2018Q4 lh A4.625 Senior Notes Long Term Portion
A4.625SeniorNotesLongTermPortion
597000000.0 USD
CY2019 us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
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6000000.0 USD
CY2019Q4 lh Gain Recognizedon Exitof Interest Rate Swap Arrangement
GainRecognizedonExitofInterestRateSwapArrangement
1600000 USD
CY2019 lh Interest Paid In Cash
InterestPaidInCash
248900000 USD
CY2018 lh Interest Paid In Cash
InterestPaidInCash
296200000 USD
CY2017 lh Interest Paid In Cash
InterestPaidInCash
239100000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
216800000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
349700000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
348000000.0 USD
CY2019 lh Noncashconversionofzerocouponconvertibledebt
Noncashconversionofzerocouponconvertibledebt
8400000 USD
CY2018 lh Noncashconversionofzerocouponconvertibledebt
Noncashconversionofzerocouponconvertibledebt
300000 USD
CY2017 lh Noncashconversionofzerocouponconvertibledebt
Noncashconversionofzerocouponconvertibledebt
35000000.0 USD
CY2019 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
48700000 USD
CY2018 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
600000 USD
CY2017 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
7300000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2700000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
22100000 USD
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1600000 USD
CY2019Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
110000000.0 USD
CY2018Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
0 USD
CY2017Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
0 USD
CY2019 lh Intercompanyrevenueelimination
Intercompanyrevenueelimination
23400000 USD
CY2018 lh Intercompanyrevenueelimination
Intercompanyrevenueelimination
10500000 USD
CY2017 lh Intercompanyrevenueelimination
Intercompanyrevenueelimination
1800000 USD
CY2019 us-gaap Revenues
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11554800000 USD
CY2018 us-gaap Revenues
Revenues
11333400000 USD
CY2017 us-gaap Revenues
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10308000000.0 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
1330200000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
1325700000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
1305200000 USD
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-225300000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-57400000 USD
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-227700000 USD
CY2019 lh Income Loss From Continuing Operations Before Income Taxes And Minority Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndMinorityInterest
1104900000 USD
CY2018 lh Income Loss From Continuing Operations Before Income Taxes And Minority Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndMinorityInterest
1268300000 USD
CY2017 lh Income Loss From Continuing Operations Before Income Taxes And Minority Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndMinorityInterest
1077500000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
280000000.0 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
384400000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-155400000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
824900000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
883900000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
1232900000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1100000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
200000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5800000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
823800000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
883700000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
1227100000 USD
CY2019 lh Depreciationand Amortizationof Intangible Assets
DepreciationandAmortizationofIntangibleAssets
564700000 USD
CY2018 lh Depreciationand Amortizationof Intangible Assets
DepreciationandAmortizationofIntangibleAssets
543200000 USD
CY2017 lh Depreciationand Amortizationof Intangible Assets
DepreciationandAmortizationofIntangibleAssets
523300000 USD
CY2019 lh Intercompanyrevenueelimination
Intercompanyrevenueelimination
23400000 USD
CY2019 lh Intercompanyrevenueelimination
Intercompanyrevenueelimination
23400000 USD
CY2019 us-gaap Revenues
Revenues
11554800000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2636600000 USD
CY2019Q1 us-gaap Revenues
Revenues
2791200000 USD
CY2019Q2 us-gaap Revenues
Revenues
2881700000 USD
CY2019Q3 us-gaap Revenues
Revenues
2928500000 USD
CY2019Q4 us-gaap Revenues
Revenues
2953400000 USD
CY2019 us-gaap Revenues
Revenues
11554800000 USD
CY2019Q1 us-gaap Gross Profit
GrossProfit
789700000 USD
CY2019Q2 us-gaap Gross Profit
GrossProfit
824800000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
817300000 USD
CY2019Q4 us-gaap Gross Profit
GrossProfit
820700000 USD
CY2019 us-gaap Gross Profit
GrossProfit
3252500000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
318200000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
335700000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
339900000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
336400000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
1330200000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
185600000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
190400000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
220700000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
227100000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
823800000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.88
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.94
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.26
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.34
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.42
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.86
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.93
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.25
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.32
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.35
CY2018Q1 us-gaap Revenues
Revenues
2848300000 USD
CY2018Q2 us-gaap Revenues
Revenues
2866300000 USD
CY2018Q3 us-gaap Revenues
Revenues
2831300000 USD
CY2018Q4 us-gaap Revenues
Revenues
2787500000 USD
CY2018 us-gaap Revenues
Revenues
11333400000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
779000000.0 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
835100000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
789900000 USD
CY2018Q4 us-gaap Gross Profit
GrossProfit
772400000 USD
CY2018 us-gaap Gross Profit
GrossProfit
3176400000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
305400000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
369200000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
343400000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
307700000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
1325700000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
173200000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
233800000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
318800000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
157900000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
883700000 USD
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.70
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.29
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.14
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.58
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.71
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.67
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.27
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.10
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.56
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.61

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