$LH
LABCORP HOLDINGS INC. Stock $lh

$lh Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-Q Financial Statement

#000092014822000041 Filed on August 01, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2022 Q1
Revenue	$3.606B	$3.697B	$3.900B
YoY Change	-11.24%	-3.74%	-6.29%
Cost Of Revenue	$2.546B	$2.574B	$2.667B
YoY Change	-4.88%	-0.07%	4.07%
Gross Profit	$1.060B	$1.123B	$1.233B
YoY Change	-23.51%	-11.23%	-22.9%
Gross Profit Margin	29.39%	30.37%	31.62%
Selling, General & Admin	$510.0M	$486.0M	$464.1M
YoY Change	-1.9%	5.95%	7.98%
% of Gross Profit	48.13%	43.29%	37.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$157.1M	$159.1M	$161.5M
YoY Change	-15.58%	-14.97%	-12.18%
% of Gross Profit	14.82%	14.17%	13.1%
Operating Expenses	$575.2M	$486.0M	$464.1M
YoY Change	10.64%	5.95%	7.98%
Operating Profit	$484.5M	$525.9M	$687.9M
YoY Change	-36.82%	-25.31%	-34.97%
Interest Expense	-$40.50M	$42.50M	$42.20M
YoY Change	-195.97%	-45.72%	-12.99%
% of Operating Profit	-8.36%	8.08%	6.13%
Other Income/Expense, Net	-$7.300M	-$10.40M	-$10.10M
YoY Change	-661.54%	-80.56%	-72.02%
Pretax Income	$421.6M	$476.4M	$640.1M
YoY Change	-45.12%	-26.78%	-37.36%
Income Tax	$68.40M	$117.5M	$148.0M
% Of Pretax Income	16.22%	24.66%	23.12%
Net Earnings	$352.8M	$358.6M	$491.6M
YoY Change	-39.93%	-23.28%	-36.12%
Net Earnings / Revenue	9.78%	9.7%	12.61%
Basic Earnings Per Share	$3.91	$3.89	$5.27
Diluted Earnings Per Share	$3.890M	$3.87	$5.23
COMMON SHARES
Basic Shares Outstanding	90.40M shares	92.30M shares	93.20M shares
Diluted Shares Outstanding	90.70M shares	92.70M shares	94.00M shares

Balance Sheet

Concept	2022 Q3	2022 Q2	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$409.9M	$1.069B	$1.234B
YoY Change	-79.87%	-45.56%	-34.77%
Cash & Equivalents	$409.9M	$1.069B	$1.234B
Short-Term Investments
Other Short-Term Assets	$511.5M	$481.9M	$515.7M
YoY Change	-1.31%	4.33%	23.67%
Inventory	$467.7M	$436.3M	$440.7M
Prepaid Expenses	$511.5M	$481.9M	$515.7M
Receivables	$2.983B	$2.216B	$2.240B
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$4.372B	$5.031B	$5.230B
YoY Change	-27.38%	-11.64%	-7.25%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.885B	$2.870B	$2.808B
YoY Change	7.15%	6.23%	4.1%
Goodwill	$8.218B	$8.114B	$8.166B
YoY Change	3.93%	4.77%	5.77%
Intangibles	$3.808B	$3.865B	$3.973B
YoY Change	1.4%	2.96%	3.61%
Long-Term Investments	$63.70M	$57.70M	$62.20M
YoY Change	2.58%	-29.72%	-26.82%
Other Assets	$480.4M	$436.8M	$462.6M
YoY Change	18.33%	4.57%	9.54%
Total Long-Term Assets	$15.45B	$15.37B	$15.50B
YoY Change	4.1%	4.41%	4.87%
TOTAL ASSETS
Total Short-Term Assets	$4.372B	$5.031B	$5.230B
Total Long-Term Assets	$15.45B	$15.37B	$15.50B
Total Assets	$19.83B	$20.40B	$20.73B
YoY Change	-4.99%	-0.07%	1.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$765.5M	$754.7M	$623.6M
YoY Change	14.36%	25.8%	0.37%
Accrued Expenses	$1.219B	$1.140B	$1.260B
YoY Change	-14.39%	-13.51%	-16.42%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$7.000M	$12.10M	$12.00M
YoY Change	-42.62%	-3.97%	-97.64%
Total Short-Term Liabilities	$2.522B	$2.643B	$2.642B
YoY Change	-12.67%	-0.91%	-21.59%
LONG-TERM LIABILITIES
Long-Term Debt	$5.420B	$5.360B	$5.383B
YoY Change	0.05%	-1.15%	9.4%
Other Long-Term Liabilities	$1.100B	$484.5M	$489.8M
YoY Change	122.63%	-3.66%	0.6%
Total Long-Term Liabilities	$6.520B	$5.845B	$5.873B
YoY Change	10.3%	-1.36%	8.6%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.522B	$2.643B	$2.642B
Total Long-Term Liabilities	$6.520B	$5.845B	$5.873B
Total Liabilities	$9.734B	$9.982B	$9.987B
YoY Change	-5.69%	-1.66%	-3.74%
SHAREHOLDERS EQUITY
Retained Earnings	$10.85B	$10.90B	$10.95B
YoY Change	0.54%	4.61%	7.63%
Common Stock	$8.200M	$8.300M	$37.60M
YoY Change	-6.82%	-6.74%	-50.59%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$10.09B	$10.40B	$10.72B
YoY Change
Total Liabilities & Shareholders Equity	$19.83B	$20.40B	$20.73B
YoY Change	-4.99%	-0.07%	1.52%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2022 Q1
OPERATING ACTIVITIES
Net Income	$352.8M	$358.6M	$491.6M
YoY Change	-39.93%	-23.28%	-36.12%
Depreciation, Depletion And Amortization	$157.1M	$159.1M	$161.5M
YoY Change	-15.58%	-14.97%	-12.18%
Cash From Operating Activities	$373.8M	$572.5M	$356.0M
YoY Change	-51.28%	17.51%	-69.25%
INVESTING ACTIVITIES
Capital Expenditures	-$103.5M	-$143.3M	$117.2M
YoY Change	-12.14%	47.43%	22.85%
Acquisitions			$455.1M
YoY Change			1234.6%
Other Investing Activities	-$459.8M	-$99.20M	-$455.9M
YoY Change	58.83%	-1558.82%	1132.16%
Cash From Investing Activities	-$563.3M	-$242.5M	-$573.1M
YoY Change	38.3%	168.25%	332.85%
FINANCING ACTIVITIES
Cash Dividend Paid			$0.00
YoY Change
Common Stock Issuance & Retirement, Net		$400.0M	$0.00
YoY Change			-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-452.2M	-479.7M	-$17.70M
YoY Change	60.53%	47.42%	-96.07%
NET CHANGE
Cash From Operating Activities	373.8M	572.5M	$356.0M
Cash From Investing Activities	-563.3M	-242.5M	-$573.1M
Cash From Financing Activities	-452.2M	-479.7M	-$17.70M
Net Change In Cash	-641.7M	-149.7M	-$239.2M
YoY Change	-919.54%	-309.66%	-141.96%
FREE CASH FLOW
Cash From Operating Activities	$373.8M	$572.5M	$356.0M
Capital Expenditures	-$103.5M	-$143.3M	$117.2M
Free Cash Flow	$477.3M	$715.8M	$238.8M
YoY Change	-46.07%	22.48%	-77.52%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	21300000	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	21500000	usd
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	91000000.0	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	93100000	shares
	dei	Entity Central Index Key EntityCentralIndexKey	0000920148
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Amendment Flag AmendmentFlag	false
CY2022Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	90400000	shares
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	1-11353
	dei	Entity Registrant Name EntityRegistrantName	LABORATORY CORPORATION OF AMERICA HOLDINGS
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	13-3757370
	dei	Entity Address Address Line1 EntityAddressAddressLine1	358 South Main Street
	dei	Entity Address City Or Town EntityAddressCityOrTown	Burlington,
	dei	Entity Address State Or Province EntityAddressStateOrProvince	NC
CY2022Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2216400000	usd
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2261500000	usd
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	27215
	dei	City Area Code CityAreaCode	336
	dei	Local Phone Number LocalPhoneNumber	229-1127
	dei	Security12b Title Security12bTitle	Common Stock, $0.10 par value
	dei	Trading Symbol TradingSymbol	LH
	dei	Security Exchange Name SecurityExchangeName	NYSE
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	90400000	shares
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1068800000	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1472700000	usd
CY2022Q2	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	827400000	usd
CY2021Q4	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	716800000	usd
CY2022Q2	us-gaap	Inventory Net InventoryNet	436300000	usd
CY2021Q4	us-gaap	Inventory Net InventoryNet	401400000	usd
CY2022Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	481900000	usd
CY2021Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	478100000	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	5030800000	usd
CY2021Q4	us-gaap	Assets Current AssetsCurrent	5330500000	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2870200000	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2815400000	usd
CY2022Q2	us-gaap	Goodwill Goodwill	8114000000	usd
CY2021Q4	us-gaap	Goodwill Goodwill	7958900000	usd
CY2022Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3864900000	usd
CY2021Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3735500000	usd
CY2022Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	57700000	usd
CY2021Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	60900000	usd
CY2022Q2	us-gaap	Deferred Income Taxes And Other Assets Current DeferredIncomeTaxesAndOtherAssetsCurrent	28700000	usd
CY2021Q4	us-gaap	Deferred Income Taxes And Other Assets Current DeferredIncomeTaxesAndOtherAssetsCurrent	21600000	usd
CY2022Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	436800000	usd
CY2021Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	462600000	usd
CY2022Q2	us-gaap	Assets Assets	20403100000	usd
CY2021Q4	us-gaap	Assets Assets	20385400000	usd
CY2022Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	754700000	usd
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	621300000	usd
CY2022Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1139800000	usd
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1404100000	usd
CY2022Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	544200000	usd
CY2021Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	558500000	usd
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	192100000	usd
CY2021Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	187000000.0	usd
CY2022Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	10500000	usd
CY2021Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	10500000	usd
CY2022Q2	lh	Current Debt Excluding Finance Lease Liability CurrentDebtExcludingFinanceLeaseLiability	1600000	usd
CY2021Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	402000000.0	usd
CY2021Q4	lh	Current Debt Excluding Finance Lease Liability CurrentDebtExcludingFinanceLeaseLiability	1500000	usd
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	2642900000	usd
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2782900000	usd
CY2022Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5360300000	usd
CY2021Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5416500000	usd
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	669400000	usd
CY2021Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	642500000	usd
CY2022Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	81900000	usd
CY2021Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	84600000	usd
CY2022Q2	lh	Deferred Income Taxes And Other Tax Liabilities DeferredIncomeTaxesAndOtherTaxLiabilities	743400000	usd
CY2021Q4	lh	Deferred Income Taxes And Other Tax Liabilities DeferredIncomeTaxesAndOtherTaxLiabilities	762900000	usd
CY2022Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	484500000	usd
CY2022Q2	us-gaap	Liabilities Liabilities	9982400000	usd
CY2021Q4	us-gaap	Liabilities Liabilities	10091400000	usd
CY2022Q2	lh	Noncontrolling Interest Mezzanine Equity NoncontrollingInterestMezzanineEquity	20000000.0	usd
CY2021Q4	lh	Noncontrolling Interest Mezzanine Equity NoncontrollingInterestMezzanineEquity	20600000	usd
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	8300000	usd
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	8500000	usd
CY2022Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	0	usd
CY2021Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	0	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10897900000	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10456800000	usd
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-505500000	usd
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-191900000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	10400700000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	10273400000	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	20403100000	usd
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	20385400000	usd
CY2022Q2	us-gaap	Revenues Revenues	3696900000	usd
CY2021Q2	us-gaap	Revenues Revenues	3840700000	usd
	us-gaap	Revenues Revenues	7596500000	usd
	us-gaap	Revenues Revenues	8002200000	usd
CY2022Q2	us-gaap	Cost Of Revenue CostOfRevenue	2574200000	usd
CY2021Q2	us-gaap	Cost Of Revenue CostOfRevenue	2575900000	usd
	us-gaap	Cost Of Revenue CostOfRevenue	5240900000	usd
	us-gaap	Cost Of Revenue CostOfRevenue	5138400000	usd
CY2022Q2	us-gaap	Gross Profit GrossProfit	1122700000	usd
CY2021Q2	us-gaap	Gross Profit GrossProfit	1264800000	usd
	us-gaap	Gross Profit GrossProfit	2355600000	usd
	us-gaap	Gross Profit GrossProfit	2863800000	usd
CY2022Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	486000000.0	usd
CY2021Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	458700000	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	950100000	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	888500000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	66400000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	66400000	usd
CY2021Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	92400000	usd
CY2021Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	92400000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	133500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	133500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	184500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	184500000	usd
CY2022Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2021Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	1200000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2022Q2	lh	Net Restructuring And Other Special Charges NetRestructuringAndOtherSpecialCharges	44400000	usd
CY2021Q2	lh	Net Restructuring And Other Special Charges NetRestructuringAndOtherSpecialCharges	9600000	usd
	lh	Net Restructuring And Other Special Charges NetRestructuringAndOtherSpecialCharges	57000000.0	usd
	lh	Net Restructuring And Other Special Charges NetRestructuringAndOtherSpecialCharges	28800000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	525900000	usd
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	704100000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1213800000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1762000000	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	42500000	usd
CY2021Q2	us-gaap	Interest Expense InterestExpense	78300000	usd
	us-gaap	Interest Expense InterestExpense	84700000	usd
	us-gaap	Interest Expense InterestExpense	126800000	usd
CY2022Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1400000	usd
CY2021Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	8000000.0	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	4800000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	12500000	usd
CY2022Q2	us-gaap	Investment Income Net InvestmentIncomeNet	2000000.0	usd
CY2021Q2	us-gaap	Investment Income Net InvestmentIncomeNet	2700000	usd
	us-gaap	Investment Income Net InvestmentIncomeNet	3100000	usd
	us-gaap	Investment Income Net InvestmentIncomeNet	5100000	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-10400000	usd
CY2021Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	14100000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-20500000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	19600000	usd
CY2022Q2	lh	Income Lossfrom Continuing Operations Before Income Taxesand Noncontrolling Interest IncomeLossfromContinuingOperationsBeforeIncomeTaxesandNoncontrollingInterest	476400000	usd
CY2021Q2	lh	Income Lossfrom Continuing Operations Before Income Taxesand Noncontrolling Interest IncomeLossfromContinuingOperationsBeforeIncomeTaxesandNoncontrollingInterest	650600000	usd
	lh	Income Lossfrom Continuing Operations Before Income Taxesand Noncontrolling Interest IncomeLossfromContinuingOperationsBeforeIncomeTaxesandNoncontrollingInterest	1116500000	usd
	lh	Income Lossfrom Continuing Operations Before Income Taxesand Noncontrolling Interest IncomeLossfromContinuingOperationsBeforeIncomeTaxesandNoncontrollingInterest	1672400000	usd
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	117500000	usd
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	182600000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	265500000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	434300000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	358900000	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	468000000.0	usd
	us-gaap	Profit Loss ProfitLoss	851000000.0	usd
	us-gaap	Profit Loss ProfitLoss	1238100000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	300000	usd
CY2021Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	600000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	800000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1100000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	358600000	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	467400000	usd
	us-gaap	Net Income Loss NetIncomeLoss	850200000	usd
	us-gaap	Net Income Loss NetIncomeLoss	1237000000	usd
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.89
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.80
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	9.17
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	12.69
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.87
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.76
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	9.11
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	12.58
CY2022Q2	us-gaap	Profit Loss ProfitLoss	358900000	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	468000000.0	usd
	us-gaap	Profit Loss ProfitLoss	851000000.0	usd
	us-gaap	Profit Loss ProfitLoss	1238100000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-241100000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	43800000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-315700000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-23000000.0	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-700000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-2100000	usd
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-2900000	usd
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-5100000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	-240400000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	45900000	usd
	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	-312800000	usd
	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	-17900000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	200000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	600000	usd
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	800000	usd
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	1400000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-240600000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	45300000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-313600000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-19300000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	118300000	usd
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	513300000	usd
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	537400000	usd
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1218800000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	300000	usd
CY2021Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	600000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	800000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1100000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	118000000.0	usd
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	512700000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	536600000	usd
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	233000000.0	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1217700000	usd
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	9359700000	usd
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	769600000	usd
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-64600000	usd
CY2021Q1	lh	Issuanceofcommonstockunderemployeeplans Issuanceofcommonstockunderemployeeplans	24700000	usd
CY2021Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures	28100000	usd
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	28700000	usd
CY2021Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	68500000	usd
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	10021500000	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	467400000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	45300000	usd
CY2021Q2	lh	Issuanceofcommonstockunderemployeeplans Issuanceofcommonstockunderemployeeplans	1900000	usd
CY2021Q2	us-gaap	Stock Issued During Period Value Restricted Stock Award Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures	14900000	usd
CY2021Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	23900000	usd
CY2021Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	300000000.0	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	10245100000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	10273400000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	491600000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-73000000.0	usd
CY2022Q1	lh	Issuanceofcommonstockunderemployeeplans Issuanceofcommonstockunderemployeeplans	18200000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures	27300000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	38200000	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	10721100000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	358600000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-240600000	usd
CY2022Q2	us-gaap	Dividends Cash DividendsCash	68600000	usd
CY2022Q2	lh	Issuanceofcommonstockunderemployeeplans Issuanceofcommonstockunderemployeeplans	900000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Restricted Stock Award Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures	10100000	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	39400000	usd
CY2022Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	400000000.0	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	10400700000	usd
	us-gaap	Profit Loss ProfitLoss	851000000.0	usd
	us-gaap	Profit Loss ProfitLoss	1238100000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	320600000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	371000000.0	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	77600000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	52600000	usd
	lh	Depreciation And Amortization Of Leased Assets DepreciationAndAmortizationOfLeasedAssets	97700000	usd
	lh	Depreciation And Amortization Of Leased Assets DepreciationAndAmortizationOfLeasedAssets	96300000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	1200000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-35500000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-85500000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	3700000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	2300000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-21400000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-265000000.0	usd
	lh	Increase Decreasein Unbilled Contract Receivable IncreaseDecreaseinUnbilledContractReceivable	123900000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-139600000	usd
	lh	Increase Decreasein Unbilled Contract Receivable IncreaseDecreaseinUnbilledContractReceivable	100300000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	35700000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	17500000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	25900000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	31000000.0	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	131900000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-44300000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-6200000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	37700000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-349400000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	928500000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1644800000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	260500000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	192600000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	1100000	usd
	lh	Cost Method Investments Maximum Ownership Percentage CostMethodInvestmentsMaximumOwnershipPercentage	0.200
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	2700000	usd
	us-gaap	Proceeds From Sales Of Business Affiliate And Productive Assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets	0	usd
	us-gaap	Proceeds From Sales Of Business Affiliate And Productive Assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets	13100000	usd
	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	400000	usd
	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	0	usd
	us-gaap	Proceeds From Hedge Investing Activities ProceedsFromHedgeInvestingActivities	3000000.0	usd
	us-gaap	Proceeds From Hedge Investing Activities ProceedsFromHedgeInvestingActivities	0	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	4700000	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	11900000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	554900000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	34100000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-815600000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-222800000	usd
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	usd
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	1000000000	usd
	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	0	usd
	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	1000000000	usd
	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	0	usd
	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	375000000.0	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	37400000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	43000000.0	usd
	lh	Net Proceeds From Issuance Of Stock To Employees NetProceedsFromIssuanceOfStockToEmployees	19100000	usd
	lh	Net Proceeds From Issuance Of Stock To Employees NetProceedsFromIssuanceOfStockToEmployees	26600000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	66700000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	400000000.0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	368500000	usd
	lh	Other Financing Cash Flows OtherFinancingCashFlows	12400000	usd
	lh	Other Financing Cash Flows OtherFinancingCashFlows	15600000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-497400000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-775500000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-19400000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-4100000	usd
CY2022Q2	lh	Long Term Contracts Duration Maximum LongTermContractsDurationMaximum	P8Y
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-403900000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	642400000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1472700000	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1320800000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1068800000	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1963200000	usd
CY2022Q2	lh	Percentof Revenue Contributed PercentofRevenueContributed	1
CY2021Q2	lh	Percentof Revenue Contributed PercentofRevenueContributed	1
	lh	Percentof Revenue Contributed PercentofRevenueContributed	1
	lh	Percentof Revenue Contributed PercentofRevenueContributed	1
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	255600000	usd
CY2022Q2	us-gaap	Accrued Sales Commission Current And Noncurrent AccruedSalesCommissionCurrentAndNoncurrent	40200000	usd
CY2021Q4	us-gaap	Accrued Sales Commission Current And Noncurrent AccruedSalesCommissionCurrentAndNoncurrent	36200000	usd
CY2022Q2	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	15000000.0	usd
CY2021Q4	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	14400000	usd
CY2022Q2	us-gaap	Amount Of Deferred Costs Related To Long Term Contracts AmountOfDeferredCostsRelatedToLongTermContracts	55200000	usd
CY2021Q4	us-gaap	Amount Of Deferred Costs Related To Long Term Contracts AmountOfDeferredCostsRelatedToLongTermContracts	50600000	usd
CY2022Q2	us-gaap	Amortization Of Deferred Sales Commissions AmortizationOfDeferredSalesCommissions	8700000	usd
CY2021Q2	us-gaap	Amortization Of Deferred Sales Commissions AmortizationOfDeferredSalesCommissions	6400000	usd
	us-gaap	Amortization Of Deferred Sales Commissions AmortizationOfDeferredSalesCommissions	15900000	usd
	us-gaap	Amortization Of Deferred Sales Commissions AmortizationOfDeferredSalesCommissions	13300000	usd
CY2022Q2	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	2900000	usd
CY2021Q2	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	3000000.0	usd
	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	6000000.0	usd
	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	6500000	usd
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	21300000	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	21500000	usd
CY2022Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2216400000	usd
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2261500000	usd
CY2022Q2	us-gaap	Contract With Customer Asset Gross ContractWithCustomerAssetGross	838800000	usd
CY2021Q4	us-gaap	Contract With Customer Asset Gross ContractWithCustomerAssetGross	730800000	usd
CY2022Q2	us-gaap	Allowance For Doubtful Other Receivables Current AllowanceForDoubtfulOtherReceivablesCurrent	11400000	usd
CY2021Q4	us-gaap	Allowance For Doubtful Other Receivables Current AllowanceForDoubtfulOtherReceivablesCurrent	14000000.0	usd
CY2022Q2	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	827400000	usd
CY2021Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	716800000	usd
CY2022Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	544200000	usd
CY2021Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	558500000	usd
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	233600000	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	21500000	usd
CY2021Q4	lh	Unbilled Services Allowancefor Credit Loss UnbilledServicesAllowanceforCreditLoss	13900000	usd
CY2021Q4	lh	Note Receivable Allowancefor Credit Loss NoteReceivableAllowanceforCreditLoss	700000	usd
CY2021Q4	lh	Allowancefor Credit Loss AllowanceforCreditLoss	36100000	usd
	lh	Current Expected Credit Losses Opening Balance Sheet Impacton Retained Earnings CurrentExpectedCreditLossesOpeningBalanceSheetImpactonRetainedEarnings	3000000.0	usd
	lh	Allowancefor Credit Loss Write Off AllowanceforCreditLossWriteOff	5700000	usd
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	21300000	usd
CY2022Q2	lh	Unbilled Services Allowancefor Credit Loss UnbilledServicesAllowanceforCreditLoss	11400000	usd
CY2022Q2	lh	Note Receivable Allowancefor Credit Loss NoteReceivableAllowanceforCreditLoss	700000	usd
CY2022Q2	lh	Allowancefor Credit Loss AllowanceforCreditLoss	33400000	usd
CY2022Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	6132600000	usd
CY2021Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	5616600000	usd
CY2022Q2	lh	Long Term Contracts Duration Minimum LongTermContractsDurationMinimum	P1Y
CY2022Q2	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	37400000	usd
CY2021Q2	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	12200000	usd
	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	69100000	usd
	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	28700000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	554900000	usd
	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	325300000	usd
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	332800000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables	4100000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther	2900000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory	2600000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets	1200000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment	10000000.0	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles	325300000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets	800000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets	679700000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable	4100000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther	24100000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Deferred Revenue BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesDeferredRevenue	3300000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities	17100000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities	124800000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet	554900000	usd
CY2021Q2	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	34100000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	358600000	usd
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	92300000	shares
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.89
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	467400000	usd
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	97400000	shares
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.80
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	121400000	usd
	us-gaap	Net Income Loss NetIncomeLoss	850200000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	92700000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	9.17
	us-gaap	Net Income Loss NetIncomeLoss	1237000000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	97500000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	12.69
CY2022Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	400000	shares
CY2021Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	800000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	600000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	800000	shares
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	358600000	usd
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	92700000	shares
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.87
CY2021Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	467400000	usd
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	98200000	shares
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.76
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	850200000	usd
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	93300000	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	9.11
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	1237000000	usd
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	98400000	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	12.58
CY2022Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	500000	shares
CY2021Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	100000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	300000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	100000	shares
CY2021Q4	us-gaap	Goodwill Goodwill	7958900000	usd
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	332800000	usd
	us-gaap	Goodwill Translation And Purchase Accounting Adjustments GoodwillTranslationAndPurchaseAccountingAdjustments	-177700000	usd
CY2022Q2	us-gaap	Goodwill Goodwill	8114000000	usd
CY2022Q2	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	5642200000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1777300000	usd
CY2022Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3864900000	usd
CY2021Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	5423600000	usd
CY2021Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1688100000	usd
CY2021Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3735500000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	66400000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	66400000	usd
CY2021Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	92400000	usd
CY2021Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	92400000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	133500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	133500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	184500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	184500000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	251000000.0	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	238900000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	229100000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	2144700000	usd
CY2022Q2	us-gaap	Notes Payable Current NotesPayableCurrent	1600000	usd
CY2021Q4	us-gaap	Notes Payable Current NotesPayableCurrent	1500000	usd
CY2022Q2	lh	Current Debt Excluding Finance Lease Liability CurrentDebtExcludingFinanceLeaseLiability	1600000	usd
CY2021Q4	lh	Current Debt Excluding Finance Lease Liability CurrentDebtExcludingFinanceLeaseLiability	1500000	usd
CY2022Q2	lh	A400 Senior Notes Due2023 A400SeniorNotesDue2023	300000000.0	usd
CY2021Q4	lh	A400 Senior Notes Due2023 A400SeniorNotesDue2023	300000000.0	usd
CY2022Q2	lh	A325 Senior Notes Due2024 A325SeniorNotesDue2024	600000000.0	usd
CY2021Q4	lh	A325 Senior Notes Due2024 A325SeniorNotesDue2024	600000000.0	usd
CY2022Q2	lh	A2.30seniornotesdue2024 A2.30seniornotesdue2024	400000000.0	usd
CY2021Q4	lh	A2.30seniornotesdue2024 A2.30seniornotesdue2024	400000000.0	usd
CY2022Q2	lh	A360 Senior Notes Due2025 A360SeniorNotesDue2025	1000000000	usd
CY2021Q4	lh	A360 Senior Notes Due2025 A360SeniorNotesDue2025	1000000000	usd
CY2022Q2	lh	A155 Senior Notes Due2026 A155SeniorNotesDue2026	500000000.0	usd
CY2021Q4	lh	A155 Senior Notes Due2026 A155SeniorNotesDue2026	500000000.0	usd
CY2022Q2	lh	A360 Senior Notes Due2027 A360SeniorNotesDue2027	600000000.0	usd
CY2021Q4	lh	A360 Senior Notes Due2027 A360SeniorNotesDue2027	600000000.0	usd
CY2022Q2	lh	A2.95seniornotesdue2029 A2.95seniornotesdue2029	650000000.0	usd
CY2021Q4	lh	A2.95seniornotesdue2029 A2.95seniornotesdue2029	650000000.0	usd
CY2022Q2	lh	A470 Senior Notes Due2045 A470SeniorNotesDue2045	900000000.0	usd
CY2021Q4	lh	A470 Senior Notes Due2045 A470SeniorNotesDue2045	900000000.0	usd
CY2022Q2	lh	Longtermdebtissuancecosts Longtermdebtissuancecosts	37600000	usd
CY2021Q4	lh	Longtermdebtissuancecosts Longtermdebtissuancecosts	41000000.0	usd
CY2022Q2	us-gaap	Long Term Notes Payable LongTermNotesPayable	3300000	usd
CY2021Q4	us-gaap	Long Term Notes Payable LongTermNotesPayable	4600000	usd
CY2022Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5360300000	usd
CY2021Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5416500000	usd
CY2021Q2	lh	A2021 Senior Notes A2021SeniorNotes	1000000000	usd
CY2022Q2	lh	A270 Senior Notes Due2031 A270SeniorNotesDue2031	500000000.0	usd
CY2022Q2	us-gaap	Proceeds From Debt Net Of Issuance Costs ProceedsFromDebtNetOfIssuanceCosts	989400000	usd
CY2022Q2	lh	A270 Senior Notes Due2031 A270SeniorNotesDue2031	500000000.0	usd
CY2022Q2	lh	Three Month Libor ThreeMonthLIBOR	0.010706
CY2022Q2	us-gaap	Fair Value Hedge Liabilities At Fair Value FairValueHedgeLiabilitiesAtFairValue	55400000	usd
CY2022Q2	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1000000000	usd
CY2022Q2	lh	Credit Facility Optionto Increase CreditFacilityOptiontoIncrease	500000000.0	usd
CY2022Q2	lh	Credit Facility Maximum Swing Line Borrowings CreditFacilityMaximumSwingLineBorrowings	100000000.0	usd
CY2022Q2	us-gaap	Line Of Credit Facility Commitment Fee Description LineOfCreditFacilityCommitmentFeeDescription	0.10% to 0.23%
CY2022Q2	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	1000000000	usd
CY2022Q2	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	76400000	usd
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	265000000.0	shares
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.10
CY2022Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	30000000.0	shares
CY2022Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.10
CY2022Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2021Q4	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1000000000	usd
CY2021Q4	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	2700000	shares
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	600000	shares
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	277.40
CY2022Q2	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	1700000	shares
CY2022Q2	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	237.85
CY2022Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	400000000.0	usd
CY2022Q2	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	1231500000	shares
CY2022Q2	us-gaap	Dividends Dividends	66700000	usd
CY2022Q2	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	720000
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-125900000	usd
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-66000000.0	usd
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-191900000	usd
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	-314800000	usd
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax	5100000	usd
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Before Tax OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax	-309700000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax	-900000	usd
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-2200000	usd
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax	-3100000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	0	usd
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	800000	usd
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	800000	usd
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-441600000	usd
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-63900000	usd
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-505500000	usd
CY2022Q2	lh	Fair Value Liabilities Measured On Recurring Basis Noncontrolling Interest Puts FairValueLiabilitiesMeasuredOnRecurringBasisNoncontrollingInterestPuts	15900000	usd
CY2022Q2	us-gaap	Foreign Currency Contracts Liability Fair Value Disclosure ForeignCurrencyContractsLiabilityFairValueDisclosure	18300000	usd
CY2022Q2	us-gaap	Fair Value Hedges At Fair Value Net FairValueHedgesAtFairValueNet	55400000	usd
CY2022Q2	us-gaap	Cash Surrender Value Fair Value Disclosure CashSurrenderValueFairValueDisclosure	95800000	usd
CY2022Q2	lh	Fair Value Liabilities Measured On Recurring Basis Deferred Compensation Liability FairValueLiabilitiesMeasuredOnRecurringBasisDeferredCompensationLiability	94900000	usd
CY2022Q2	us-gaap	Contingent Consideration Classified As Equity Fair Value Disclosure ContingentConsiderationClassifiedAsEquityFairValueDisclosure	99200000	usd
CY2021Q4	lh	Fair Value Liabilities Measured On Recurring Basis Noncontrolling Interest Puts FairValueLiabilitiesMeasuredOnRecurringBasisNoncontrollingInterestPuts	16300000	usd
CY2021Q4	us-gaap	Foreign Currency Contract Asset Fair Value Disclosure ForeignCurrencyContractAssetFairValueDisclosure	32800000	usd
CY2021Q4	us-gaap	Fair Value Hedges At Fair Value Net FairValueHedgesAtFairValueNet	2900000	usd
CY2021Q4	us-gaap	Cash Surrender Value Fair Value Disclosure CashSurrenderValueFairValueDisclosure	106400000	usd
CY2021Q4	lh	Fair Value Liabilities Measured On Recurring Basis Deferred Compensation Liability FairValueLiabilitiesMeasuredOnRecurringBasisDeferredCompensationLiability	104400000	usd
CY2021Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	10900000	usd
CY2021Q4	us-gaap	Contingent Consideration Classified As Equity Fair Value Disclosure ContingentConsiderationClassifiedAsEquityFairValueDisclosure	21900000	usd
	lh	Lh Business Combination Contingent Consideration Arrangements Payments Lh_BusinessCombinationContingentConsiderationArrangementsPayments	10400000	usd
	lh	Contingentconsiderationadjustment Contingentconsiderationadjustment	2300000	usd
	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	90000000.0	usd
CY2022Q2	lh	Numberof Measurement Funds Available For Participant Election NumberofMeasurementFundsAvailableForParticipantElection	16
CY2022Q2	lh	Senior Notes Fair Value SeniorNotesFairValue	5103100000	usd
CY2021Q4	lh	Senior Notes Fair Value SeniorNotesFairValue	5841100000	usd
CY2022Q2	us-gaap	Foreign Currency Contracts Liability Fair Value Disclosure ForeignCurrencyContractsLiabilityFairValueDisclosure	18300000	usd
CY2021Q4	us-gaap	Foreign Currency Contract Asset Fair Value Disclosure ForeignCurrencyContractAssetFairValueDisclosure	32800000	usd
	lh	Interest Paid In Cash InterestPaidInCash	46700000	usd
	lh	Interest Paid In Cash InterestPaidInCash	109300000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	291500000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	591600000	usd
	lh	Increase In Capital Expenditures Incurred But Not Yet Paid IncreaseInCapitalExpendituresIncurredButNotYetPaid	11300000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	4800000	usd
CY2022Q2	lh	Intercompanyrevenueelimination Intercompanyrevenueelimination	10400000	usd
CY2021Q2	lh	Intercompanyrevenueelimination Intercompanyrevenueelimination	20000000.0	usd
	lh	Intercompanyrevenueelimination Intercompanyrevenueelimination	24200000	usd
	lh	Intercompanyrevenueelimination Intercompanyrevenueelimination	54500000	usd
CY2022Q2	us-gaap	Revenues Revenues	3696900000	usd
CY2021Q2	us-gaap	Revenues Revenues	3840700000	usd
	us-gaap	Revenues Revenues	7596500000	usd
	us-gaap	Revenues Revenues	8002200000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	525900000	usd
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	704100000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1213800000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1762000000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-315700000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-23000000.0	usd

Files In Submission

Name	View Source	Status
0000920148-22-000041-index-headers.html	Edgar Link	pending
0000920148-22-000041-index.html	Edgar Link	pending
0000920148-22-000041.txt	Edgar Link	pending
0000920148-22-000041-xbrl.zip	Edgar Link	pending
ex311q22022.htm	Edgar Link	pending
ex312q22022.htm	Edgar Link	pending
ex32q22022.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
lh-20220630.htm	Edgar Link	pending
lh-20220630.xsd	Edgar Link	pending
lh-20220630_cal.xml	Edgar Link	unprocessable
lh-20220630_def.xml	Edgar Link	unprocessable
lh-20220630_htm.xml	Edgar Link	completed
lh-20220630_lab.xml	Edgar Link	unprocessable
lh-20220630_pre.xml	Edgar Link	unprocessable
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
R9999.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$LH
LABCORP HOLDINGS INC. Stock $lh

2022 Q3 Form 10-Q Financial Statement

#000092014822000041 Filed on August 01, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LH LABCORP HOLDINGS INC. Stock $lh

2022 Q3 Form 10-Q Financial Statement

#000092014822000041 Filed on August 01, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LH
LABCORP HOLDINGS INC. Stock $lh