$LH
LABCORP HOLDINGS INC. Stock $lh

$lh Overview Financials Valuation SEC Filings Company Website

2022 Q4 Form 10-Q Financial Statement

#000092014822000060 Filed on November 01, 2022

Income Statement

Concept	2022 Q4	2022 Q3	2021 Q3
Revenue	$3.674B	$3.606B	$4.063B
YoY Change	-9.42%	-11.24%	4.27%
Cost Of Revenue	$2.704B	$2.546B	$2.677B
YoY Change	0.87%	-4.88%	14.57%
Gross Profit	$969.8M	$1.060B	$1.386B
YoY Change	-29.47%	-23.51%	-11.15%
Gross Profit Margin	26.39%	29.39%	34.1%
Selling, General & Admin	$536.5M	$510.0M	$519.9M
YoY Change	2.03%	-1.9%	23.93%
% of Gross Profit	55.32%	48.13%	37.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$156.2M	$157.1M	$186.1M
YoY Change	-16.91%	-15.58%	22.19%
% of Gross Profit	16.11%	14.82%	13.43%
Operating Expenses	$597.1M	$575.2M	$519.9M
YoY Change	-3.49%	10.64%	23.93%
Operating Profit	$372.7M	$484.5M	$766.9M
YoY Change	-50.72%	-36.82%	-26.76%
Interest Expense	-$87.60M	-$40.50M	$42.20M
YoY Change	102.78%	-195.97%	-17.9%
% of Operating Profit	-23.5%	-8.36%	5.5%
Other Income/Expense, Net	$41.40M	-$7.300M	$1.300M
YoY Change	-3284.62%	-661.54%	-101.3%
Pretax Income	$44.50M	$421.6M	$768.2M
YoY Change	-93.51%	-45.12%	-18.89%
Income Tax	-$31.90M	$68.40M	$180.4M
% Of Pretax Income	-71.69%	16.22%	23.48%
Net Earnings	$76.10M	$352.8M	$587.3M
YoY Change	-86.24%	-39.93%	-16.51%
Net Earnings / Revenue	2.07%	9.78%	14.46%
Basic Earnings Per Share		$3.91	$6.10
Diluted Earnings Per Share	$0.85	$3.890M	$6.05
COMMON SHARES
Basic Shares Outstanding	88.60M shares	90.40M shares	96.30M shares
Diluted Shares Outstanding		90.70M shares	97.10M shares

Balance Sheet

Concept	2022 Q4	2022 Q3	2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$430.0M	$409.9M	$2.037B
YoY Change	-70.8%	-79.87%	205.32%
Cash & Equivalents	$430.0M	$409.9M	$2.037B
Short-Term Investments
Other Short-Term Assets	$707.0M	$511.5M	$518.3M
YoY Change	47.88%	-1.31%	58.5%
Inventory	$470.6M	$467.7M	$410.7M
Prepaid Expenses	$707.0M	$511.5M	$518.3M
Receivables	$2.222B	$2.983B	$2.335B
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$4.625B	$4.372B	$6.021B
YoY Change	-13.24%	-27.38%	47.36%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.956B	$2.885B	$2.692B
YoY Change	5.0%	7.15%	3.2%
Goodwill	$8.121B	$8.218B	$7.907B
YoY Change	2.04%	3.93%	3.85%
Intangibles	$3.947B	$3.808B	$3.755B
YoY Change	5.66%	1.4%	-4.22%
Long-Term Investments	$65.70M	$63.70M	$62.10M
YoY Change	7.88%	2.58%	-12.54%
Other Assets	$432.7M	$480.4M	$406.0M
YoY Change	-6.46%	18.33%	-7.09%
Total Long-Term Assets	$15.53B	$15.45B	$14.85B
YoY Change	3.16%	4.1%	1.31%
TOTAL ASSETS
Total Short-Term Assets	$4.625B	$4.372B	$6.021B
Total Long-Term Assets	$15.53B	$15.45B	$14.85B
Total Assets	$20.16B	$19.83B	$20.87B
YoY Change	-1.13%	-4.99%	11.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$934.8M	$765.5M	$669.4M
YoY Change	50.46%	14.36%	4.68%
Accrued Expenses	$1.069B	$1.219B	$1.424B
YoY Change	-23.88%	-14.39%	9.71%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$307.3M	$7.000M	$12.20M
YoY Change	2460.83%	-42.62%	-96.82%
Total Short-Term Liabilities	$3.079B	$2.522B	$2.888B
YoY Change	10.62%	-12.67%	-4.04%
LONG-TERM LIABILITIES
Long-Term Debt	$5.039B	$5.420B	$5.417B
YoY Change	-6.97%	0.05%	0.0%
Other Long-Term Liabilities	$422.8M	$1.100B	$494.0M
YoY Change	5.17%	122.63%	4.4%
Total Long-Term Liabilities	$5.462B	$6.520B	$5.911B
YoY Change	-6.13%	10.3%	0.35%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.079B	$2.522B	$2.888B
Total Long-Term Liabilities	$5.462B	$6.520B	$5.911B
Total Liabilities	$10.04B	$9.734B	$10.32B
YoY Change	-0.51%	-5.69%	-1.52%
SHAREHOLDERS EQUITY
Retained Earnings	$10.58B	$10.85B	$10.79B
YoY Change	1.19%	0.54%	27.44%
Common Stock	$8.100M	$8.200M	$8.800M
YoY Change	-4.71%	-6.82%	-90.19%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$10.10B	$10.09B	$10.52B
YoY Change
Total Liabilities & Shareholders Equity	$20.16B	$19.83B	$20.87B
YoY Change	-1.13%	-4.99%	11.35%

Cashflow Statement

Concept	2022 Q4	2022 Q3	2021 Q3
OPERATING ACTIVITIES
Net Income	$76.10M	$352.8M	$587.3M
YoY Change	-86.24%	-39.93%	-16.51%
Depreciation, Depletion And Amortization	$156.2M	$157.1M	$186.1M
YoY Change	-16.91%	-15.58%	22.19%
Cash From Operating Activities	$653.6M	$373.8M	$767.3M
YoY Change	-6.29%	-51.28%	-2.4%
INVESTING ACTIVITIES
Capital Expenditures	$117.9M	-$103.5M	-$117.8M
YoY Change	-178.6%	-12.14%	52.59%
Acquisitions			$326.0M
YoY Change
Other Investing Activities	-$155.4M	-$459.8M	-$289.5M
YoY Change	48.71%	58.83%	39.18%
Cash From Investing Activities	-$273.3M	-$563.3M	-$407.3M
YoY Change	7.39%	38.3%	42.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-372.6M	-452.2M	-281.7M
YoY Change	-63.06%	60.53%	-28.99%
NET CHANGE
Cash From Operating Activities	653.6M	373.8M	767.3M
Cash From Investing Activities	-273.3M	-563.3M	-407.3M
Cash From Financing Activities	-372.6M	-452.2M	-281.7M
Net Change In Cash	7.700M	-641.7M	78.30M
YoY Change	-101.36%	-919.54%	-24.93%
FREE CASH FLOW
Cash From Operating Activities	$653.6M	$373.8M	$767.3M
Capital Expenditures	$117.9M	-$103.5M	-$117.8M
Free Cash Flow	$535.7M	$477.3M	$885.1M
YoY Change	-36.79%	-46.07%	2.51%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	9100000	usd
	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	10000000.0	usd
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	277900000	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	21500000	usd
CY2022Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	20500000	usd
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	89600000	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	Q3
	dei	Amendment Flag AmendmentFlag	false
CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	88600000	shares
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-09-30
	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
	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
CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	88600000	shares
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	409900000	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1472700000	usd
CY2022Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2164200000	usd
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2261500000	usd
CY2022Q3	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	818500000	usd
CY2021Q4	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	716800000	usd
CY2022Q3	us-gaap	Inventory Net InventoryNet	467700000	usd
CY2021Q4	us-gaap	Inventory Net InventoryNet	401400000	usd
CY2022Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	511500000	usd
CY2021Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	478100000	usd
CY2022Q3	us-gaap	Assets Current AssetsCurrent	4371800000	usd
CY2021Q4	us-gaap	Assets Current AssetsCurrent	5330500000	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2884700000	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2815400000	usd
CY2022Q3	us-gaap	Goodwill Goodwill	8217600000	usd
CY2021Q4	us-gaap	Goodwill Goodwill	7958900000	usd
CY2022Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3807800000	usd
CY2021Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3735500000	usd
CY2022Q3	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	63700000	usd
CY2021Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	60900000	usd
CY2022Q3	us-gaap	Deferred Income Taxes And Other Assets Current DeferredIncomeTaxesAndOtherAssetsCurrent	29400000	usd
CY2021Q4	us-gaap	Deferred Income Taxes And Other Assets Current DeferredIncomeTaxesAndOtherAssetsCurrent	21600000	usd
CY2022Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	451000000.0	usd
CY2021Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	462600000	usd
CY2022Q3	us-gaap	Assets Assets	19826000000	usd
CY2021Q4	us-gaap	Assets Assets	20385400000	usd
CY2022Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	765500000	usd
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	621300000	usd
CY2022Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1040800000	usd
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1404100000	usd
CY2022Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	530900000	usd
CY2021Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	558500000	usd
CY2022Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	178100000	usd
CY2021Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	187000000.0	usd
CY2022Q3	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	5300000	usd
CY2021Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	10500000	usd
CY2022Q3	lh	Current Debt Excluding Finance Lease Liability CurrentDebtExcludingFinanceLeaseLiability	1700000	usd
CY2021Q4	lh	Current Debt Excluding Finance Lease Liability CurrentDebtExcludingFinanceLeaseLiability	1500000	usd
CY2022Q3	us-gaap	Liabilities Current LiabilitiesCurrent	2522300000	usd
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2782900000	usd
CY2022Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5334300000	usd
CY2021Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5416500000	usd
CY2022Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	665900000	usd
CY2021Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	642500000	usd
CY2022Q3	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	85800000	usd
CY2021Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	84600000	usd
CY2022Q3	lh	Deferred Income Taxes And Other Tax Liabilities DeferredIncomeTaxesAndOtherTaxLiabilities	672700000	usd
CY2021Q4	lh	Deferred Income Taxes And Other Tax Liabilities DeferredIncomeTaxesAndOtherTaxLiabilities	762900000	usd
CY2022Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	433900000	usd
CY2021Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	402000000.0	usd
CY2022Q3	us-gaap	Liabilities Liabilities	9714900000	usd
CY2021Q4	us-gaap	Liabilities Liabilities	10091400000	usd
CY2022Q3	lh	Noncontrolling Interest Mezzanine Equity NoncontrollingInterestMezzanineEquity	18900000	usd
CY2021Q4	lh	Noncontrolling Interest Mezzanine Equity NoncontrollingInterestMezzanineEquity	20600000	usd
CY2022Q3	us-gaap	Common Stock Value CommonStockValue	8200000	usd
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	8500000	usd
CY2022Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	0	usd
CY2021Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	0	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10845000000	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10456800000	usd
CY2022Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-761000000.0	usd
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-191900000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	10092200000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	10273400000	usd
CY2022Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	19826000000	usd
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	20385400000	usd
CY2022Q3	us-gaap	Revenues Revenues	3606100000	usd
CY2021Q3	us-gaap	Revenues Revenues	4062600000	usd
	us-gaap	Revenues Revenues	11202600000	usd
	us-gaap	Revenues Revenues	12064800000	usd
CY2022Q3	us-gaap	Cost Of Revenue CostOfRevenue	2546400000	usd
CY2021Q3	us-gaap	Cost Of Revenue CostOfRevenue	2677100000	usd
	us-gaap	Cost Of Revenue CostOfRevenue	7787300000	usd
	us-gaap	Cost Of Revenue CostOfRevenue	7815500000	usd
CY2022Q3	us-gaap	Gross Profit GrossProfit	1059700000	usd
CY2021Q3	us-gaap	Gross Profit GrossProfit	1385500000	usd
	us-gaap	Gross Profit GrossProfit	3415300000	usd
	us-gaap	Gross Profit GrossProfit	4249300000	usd
CY2022Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	510000000.0	usd
CY2021Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	519900000	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1460100000	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1408400000	usd
CY2022Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	65200000	usd
CY2022Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	65200000	usd
CY2021Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	92200000	usd
CY2021Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	92200000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	198700000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	198700000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	276700000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	276700000	usd
CY2022Q3	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2021Q3	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	1200000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2022Q3	lh	Net Restructuring And Other Special Charges NetRestructuringAndOtherSpecialCharges	15100000	usd
CY2021Q3	lh	Net Restructuring And Other Special Charges NetRestructuringAndOtherSpecialCharges	6500000	usd
	lh	Net Restructuring And Other Special Charges NetRestructuringAndOtherSpecialCharges	72100000	usd
	lh	Net Restructuring And Other Special Charges NetRestructuringAndOtherSpecialCharges	35300000	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	469400000	usd
CY2021Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	766900000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1683200000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	2528900000	usd
CY2022Q3	us-gaap	Interest Expense InterestExpense	46300000	usd
CY2021Q3	us-gaap	Interest Expense InterestExpense	42200000	usd
	us-gaap	Interest Expense InterestExpense	131000000.0	usd
	us-gaap	Interest Expense InterestExpense	169000000.0	usd
CY2022Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1700000	usd
CY2021Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	8400000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	6500000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	20900000	usd
CY2022Q3	us-gaap	Investment Income Net InvestmentIncomeNet	4100000	usd
CY2021Q3	us-gaap	Investment Income Net InvestmentIncomeNet	3200000	usd
	us-gaap	Investment Income Net InvestmentIncomeNet	7200000	usd
	us-gaap	Investment Income Net InvestmentIncomeNet	8300000	usd
CY2022Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-7300000	usd
CY2021Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	31900000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-27800000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	51500000	usd
CY2022Q3	lh	Income Lossfrom Continuing Operations Before Income Taxesand Noncontrolling Interest IncomeLossfromContinuingOperationsBeforeIncomeTaxesandNoncontrollingInterest	421600000	usd
CY2021Q3	lh	Income Lossfrom Continuing Operations Before Income Taxesand Noncontrolling Interest IncomeLossfromContinuingOperationsBeforeIncomeTaxesandNoncontrollingInterest	768200000	usd
	lh	Income Lossfrom Continuing Operations Before Income Taxesand Noncontrolling Interest IncomeLossfromContinuingOperationsBeforeIncomeTaxesandNoncontrollingInterest	1538100000	usd
	lh	Income Lossfrom Continuing Operations Before Income Taxesand Noncontrolling Interest IncomeLossfromContinuingOperationsBeforeIncomeTaxesandNoncontrollingInterest	2440600000	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	68400000	usd
CY2021Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	180400000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	333900000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	614700000	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	353200000	usd
CY2021Q3	us-gaap	Profit Loss ProfitLoss	587800000	usd
	us-gaap	Profit Loss ProfitLoss	1204200000	usd
	us-gaap	Profit Loss ProfitLoss	1825900000	usd
CY2022Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	400000	usd
CY2021Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	500000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1200000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1600000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	352800000	usd
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	587300000	usd
	us-gaap	Net Income Loss NetIncomeLoss	1203000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	1824300000	usd
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.91
CY2021Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	6.10
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	13.09
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	18.79
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.90
CY2021Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	6.05
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	13.02
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	18.63
CY2022Q3	us-gaap	Profit Loss ProfitLoss	353200000	usd
CY2021Q3	us-gaap	Profit Loss ProfitLoss	587800000	usd
	us-gaap	Profit Loss ProfitLoss	1204200000	usd
	us-gaap	Profit Loss ProfitLoss	1825900000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-256500000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-91600000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-572200000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-114600000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-1300000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-2600000	usd
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-4200000	usd
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-7700000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	-255200000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	-89000000.0	usd
	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	-568000000.0	usd
	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	-106900000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	300000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	700000	usd
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	1100000	usd
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	2100000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-255500000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-89700000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-569100000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-109000000.0	usd
CY2022Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	97700000	usd
CY2021Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	498100000	usd
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	635100000	usd
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1716900000	usd
CY2022Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	400000	usd
CY2021Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	500000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1200000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1600000	usd
CY2022Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	97300000	usd
CY2021Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	497600000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	633900000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1715300000	usd
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	9436600000	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	10098400000	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	10322000000	usd
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	587300000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-89700000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-89700000	usd
CY2021Q3	lh	Issuanceofcommonstockunderemployeeplans Issuanceofcommonstockunderemployeeplans	24200000	usd
CY2021Q3	us-gaap	Stock Issued During Period Value Restricted Stock Award Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures	1400000	usd
CY2021Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	59000000.0	usd
CY2021Q3	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	300000000.0	usd
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	10601400000	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
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	352800000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-255500000	usd
CY2022Q3	us-gaap	Dividends Cash DividendsCash	66400000	usd
CY2022Q3	lh	Issuanceofcommonstockunderemployeeplans Issuanceofcommonstockunderemployeeplans	31500000	usd
CY2022Q3	us-gaap	Stock Issued During Period Value Restricted Stock Award Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures	7200000	usd
CY2022Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	36300000	usd
CY2022Q3	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	400000000.0	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	10092200000	usd
	us-gaap	Profit Loss ProfitLoss	1204200000	usd
	us-gaap	Profit Loss ProfitLoss	1825900000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	477700000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	557100000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	113900000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	111600000	usd
	lh	Depreciation And Amortization Of Leased Assets DepreciationAndAmortizationOfLeasedAssets	145700000	usd
	lh	Depreciation And Amortization Of Leased Assets DepreciationAndAmortizationOfLeasedAssets	145300000	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	-51600000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-102000000.0	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-4900000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-41000000.0	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-51800000	usd
CY2022Q3	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	3100000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-135600000	usd
	lh	Increase Decreasein Unbilled Contract Receivable IncreaseDecreaseinUnbilledContractReceivable	127600000	usd
	lh	Increase Decreasein Unbilled Contract Receivable IncreaseDecreaseinUnbilledContractReceivable	185900000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	47500000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	6500000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	67800000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	72400000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	135100000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	34600000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-10700000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	83800000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-517200000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-74000000.0	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1302300000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2412100000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	364000000.0	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	310400000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	1200000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	3500000	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	12400000	usd
	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	700000	usd
	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	10400000	usd
	us-gaap	Proceeds From Hedge Investing Activities ProceedsFromHedgeInvestingActivities	2900000	usd
	us-gaap	Proceeds From Hedge Investing Activities ProceedsFromHedgeInvestingActivities	0	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	6100000	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	20000000.0	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	1013600000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	326000000.0	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1378900000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-630100000	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	44600000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	44400000	usd
	lh	Net Proceeds From Issuance Of Stock To Employees NetProceedsFromIssuanceOfStockToEmployees	50600000	usd
	lh	Net Proceeds From Issuance Of Stock To Employees NetProceedsFromIssuanceOfStockToEmployees	50800000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	131600000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	800000000.0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	668500000	usd
	lh	Other Financing Cash Flows OtherFinancingCashFlows	24000000.0	usd
	lh	Other Financing Cash Flows OtherFinancingCashFlows	20100000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-949600000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1057200000	usd
CY2021Q3	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	3500000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-36600000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-9100000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1062800000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	715700000	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
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	409900000	usd
CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2036500000	usd
	lh	Cost Method Investments Maximum Ownership Percentage CostMethodInvestmentsMaximumOwnershipPercentage	0.200
CY2022Q3	lh	Percentof Revenue Contributed PercentofRevenueContributed	1
CY2021Q3	lh	Percentof Revenue Contributed PercentofRevenueContributed	1
	lh	Percentof Revenue Contributed PercentofRevenueContributed	1
	lh	Percentof Revenue Contributed PercentofRevenueContributed	1
CY2022Q3	us-gaap	Accrued Sales Commission Current And Noncurrent AccruedSalesCommissionCurrentAndNoncurrent	38900000	usd
CY2021Q4	us-gaap	Accrued Sales Commission Current And Noncurrent AccruedSalesCommissionCurrentAndNoncurrent	36200000	usd
CY2022Q3	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	15700000	usd
CY2021Q4	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	14400000	usd
CY2022Q3	us-gaap	Amount Of Deferred Costs Related To Long Term Contracts AmountOfDeferredCostsRelatedToLongTermContracts	54600000	usd
CY2021Q4	us-gaap	Amount Of Deferred Costs Related To Long Term Contracts AmountOfDeferredCostsRelatedToLongTermContracts	50600000	usd
CY2022Q3	us-gaap	Amortization Of Deferred Sales Commissions AmortizationOfDeferredSalesCommissions	9300000	usd
CY2021Q3	us-gaap	Amortization Of Deferred Sales Commissions AmortizationOfDeferredSalesCommissions	7100000	usd
	us-gaap	Amortization Of Deferred Sales Commissions AmortizationOfDeferredSalesCommissions	25300000	usd
	us-gaap	Amortization Of Deferred Sales Commissions AmortizationOfDeferredSalesCommissions	20400000	usd
CY2022Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	20500000	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	21500000	usd
CY2022Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2164200000	usd
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2261500000	usd
CY2022Q3	us-gaap	Contract With Customer Asset Gross ContractWithCustomerAssetGross	829400000	usd
CY2021Q4	us-gaap	Contract With Customer Asset Gross ContractWithCustomerAssetGross	730800000	usd
CY2022Q3	us-gaap	Allowance For Doubtful Other Receivables Current AllowanceForDoubtfulOtherReceivablesCurrent	10900000	usd
CY2021Q4	us-gaap	Allowance For Doubtful Other Receivables Current AllowanceForDoubtfulOtherReceivablesCurrent	14000000.0	usd
CY2022Q3	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	818500000	usd
CY2021Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	716800000	usd
CY2022Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	530900000	usd
CY2021Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	558500000	usd
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	267600000	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	4000000.0	usd
	lh	Allowancefor Credit Loss Write Off AllowanceforCreditLossWriteOff	8700000	usd
CY2022Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	20500000	usd
CY2022Q3	lh	Unbilled Services Allowancefor Credit Loss UnbilledServicesAllowanceforCreditLoss	10900000	usd
CY2022Q3	lh	Note Receivable Allowancefor Credit Loss NoteReceivableAllowanceforCreditLoss	0	usd
CY2022Q3	lh	Allowancefor Credit Loss AllowanceforCreditLoss	31400000	usd
CY2022Q3	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	6005700000	usd
CY2021Q3	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	5412800000	usd
CY2022Q3	lh	Long Term Contracts Duration Minimum LongTermContractsDurationMinimum	P1Y
CY2022Q3	lh	Long Term Contracts Duration Maximum LongTermContractsDurationMaximum	P8Y
CY2022Q3	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	6600000	usd
CY2021Q3	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	10100000	usd
	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	75800000	usd
	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	38900000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	1013600000	usd
	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	407400000	usd
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	571300000	usd
CY2021Q3	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	326000000.0	usd
CY2022Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	3754100000	usd
CY2021Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	4071500000	usd
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	11663800000	usd
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	12104100000	usd
CY2022Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	352000000.0	usd
CY2021Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	584600000	usd
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	1201800000	usd
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	1811100000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	352800000	usd
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	90200000	shares
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.91
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	587300000	usd
CY2021Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	96300000	shares
CY2021Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	6.10
	us-gaap	Net Income Loss NetIncomeLoss	1203000000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	91900000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	13.09
	us-gaap	Net Income Loss NetIncomeLoss	1824300000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	97100000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	18.79
CY2022Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	500000	shares
CY2021Q3	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	500000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	800000	shares
CY2022Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	352800000	usd
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	90700000	shares
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.90
CY2021Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	587300000	usd
CY2021Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	97100000	shares
CY2021Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	6.05
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	1203000000	usd
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	92400000	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	13.02
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	1824300000	usd
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	97900000	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	18.63
CY2022Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	200000	shares
CY2021Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	200000	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	571300000	usd
	us-gaap	Goodwill Translation And Purchase Accounting Adjustments GoodwillTranslationAndPurchaseAccountingAdjustments	-312600000	usd
CY2022Q3	us-gaap	Goodwill Goodwill	8217600000	usd
CY2022Q3	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	5627000000	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1819200000	usd
CY2022Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3807800000	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
CY2022Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	65200000	usd
CY2022Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	65200000	usd
CY2021Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	92200000	usd
CY2021Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	92200000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	198700000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	198700000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	276700000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	276700000	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	58600000	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	264400000	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	258900000	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	244200000	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	234500000	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	2194200000	usd
CY2022Q3	us-gaap	Notes Payable Current NotesPayableCurrent	1700000	usd
CY2021Q4	us-gaap	Notes Payable Current NotesPayableCurrent	1500000	usd
CY2022Q3	lh	Current Debt Excluding Finance Lease Liability CurrentDebtExcludingFinanceLeaseLiability	1700000	usd
CY2021Q4	lh	Current Debt Excluding Finance Lease Liability CurrentDebtExcludingFinanceLeaseLiability	1500000	usd
CY2022Q3	lh	A400 Senior Notes Due2023 A400SeniorNotesDue2023	300000000.0	usd
CY2021Q4	lh	A400 Senior Notes Due2023 A400SeniorNotesDue2023	300000000.0	usd
CY2022Q3	lh	A325 Senior Notes Due2024 A325SeniorNotesDue2024	600000000.0	usd
CY2021Q4	lh	A325 Senior Notes Due2024 A325SeniorNotesDue2024	600000000.0	usd
CY2022Q3	lh	A2.30seniornotesdue2024 A2.30seniornotesdue2024	400000000.0	usd
CY2021Q4	lh	A2.30seniornotesdue2024 A2.30seniornotesdue2024	400000000.0	usd
CY2022Q3	lh	A360 Senior Notes Due2025 A360SeniorNotesDue2025	1000000000	usd
CY2021Q4	lh	A360 Senior Notes Due2025 A360SeniorNotesDue2025	1000000000	usd
CY2022Q3	lh	A155 Senior Notes Due2026 A155SeniorNotesDue2026	500000000.0	usd
CY2021Q4	lh	A155 Senior Notes Due2026 A155SeniorNotesDue2026	500000000.0	usd
CY2022Q3	lh	A360 Senior Notes Due2027 A360SeniorNotesDue2027	600000000.0	usd
CY2021Q4	lh	A360 Senior Notes Due2027 A360SeniorNotesDue2027	600000000.0	usd
CY2022Q3	lh	A2.95seniornotesdue2029 A2.95seniornotesdue2029	650000000.0	usd
CY2021Q4	lh	A2.95seniornotesdue2029 A2.95seniornotesdue2029	650000000.0	usd
CY2022Q3	lh	A470 Senior Notes Due2045 A470SeniorNotesDue2045	900000000.0	usd
CY2021Q4	lh	A470 Senior Notes Due2045 A470SeniorNotesDue2045	900000000.0	usd
CY2022Q3	lh	Longtermdebtissuancecosts Longtermdebtissuancecosts	35900000	usd
CY2021Q4	lh	Longtermdebtissuancecosts Longtermdebtissuancecosts	41000000.0	usd
CY2022Q3	us-gaap	Long Term Notes Payable LongTermNotesPayable	2700000	usd
CY2021Q4	us-gaap	Long Term Notes Payable LongTermNotesPayable	4600000	usd
CY2022Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5334300000	usd
CY2021Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5416500000	usd
CY2021Q2	lh	A2021 Senior Notes A2021SeniorNotes	1000000000	usd
CY2022Q3	lh	A270 Senior Notes Due2031 A270SeniorNotesDue2031	500000000.0	usd
CY2022Q3	us-gaap	Proceeds From Debt Net Of Issuance Costs ProceedsFromDebtNetOfIssuanceCosts	989400000	usd
CY2022Q3	lh	A270 Senior Notes Due2031 A270SeniorNotesDue2031	500000000.0	usd
CY2022Q3	lh	Three Month Libor ThreeMonthLIBOR	0.010706
CY2022Q3	us-gaap	Fair Value Hedge Liabilities At Fair Value FairValueHedgeLiabilitiesAtFairValue	82500000	usd
CY2022Q3	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1000000000	usd
CY2022Q3	lh	Credit Facility Optionto Increase CreditFacilityOptiontoIncrease	500000000.0	usd
CY2022Q3	lh	Credit Facility Maximum Swing Line Borrowings CreditFacilityMaximumSwingLineBorrowings	100000000.0	usd
CY2022Q3	us-gaap	Line Of Credit Facility Commitment Fee Description LineOfCreditFacilityCommitmentFeeDescription	0.10% to 0.23%
CY2022Q3	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	79800000	usd
CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	265000000.0	shares
CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.10
CY2022Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	30000000.0	shares
CY2022Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.10
CY2022Q3	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
CY2022Q3	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	3300000	shares
CY2022Q3	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	240.57
CY2022Q3	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	800000000.0	usd
CY2022Q3	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	831500000	shares
CY2022Q3	us-gaap	Dividends Dividends	131600000	usd
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	-571300000	usd
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax	11700000	usd
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Before Tax OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax	-559600000	usd
	us-gaap	Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax	-4000000.0	usd
	us-gaap	Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax	-4000000.0	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	-3500000	usd
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax	-4400000	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	1100000	usd
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	1100000	usd
CY2022Q3	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-698100000	usd
CY2022Q3	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-62900000	usd
CY2022Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-761000000.0	usd
CY2022Q3	lh	Fair Value Liabilities Measured On Recurring Basis Noncontrolling Interest Puts FairValueLiabilitiesMeasuredOnRecurringBasisNoncontrollingInterestPuts	15000000.0	usd
CY2022Q3	us-gaap	Foreign Currency Contracts Liability Fair Value Disclosure ForeignCurrencyContractsLiabilityFairValueDisclosure	8100000	usd
CY2022Q3	us-gaap	Fair Value Hedges At Fair Value Net FairValueHedgesAtFairValueNet	82500000	usd
CY2022Q3	us-gaap	Cash Surrender Value Fair Value Disclosure CashSurrenderValueFairValueDisclosure	95500000	usd
CY2022Q3	lh	Fair Value Liabilities Measured On Recurring Basis Deferred Compensation Liability FairValueLiabilitiesMeasuredOnRecurringBasisDeferredCompensationLiability	93700000	usd
CY2022Q3	us-gaap	Contingent Consideration Classified As Equity Fair Value Disclosure ContingentConsiderationClassifiedAsEquityFairValueDisclosure	62000000.0	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	2400000	usd
	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	52900000	usd
CY2022Q3	lh	Numberof Measurement Funds Available For Participant Election NumberofMeasurementFundsAvailableForParticipantElection	16
CY2022Q3	lh	Senior Notes Fair Value SeniorNotesFairValue	4921200000	usd
CY2021Q4	lh	Senior Notes Fair Value SeniorNotesFairValue	5841100000	usd
CY2022Q3	us-gaap	Foreign Currency Contracts Liability Fair Value Disclosure ForeignCurrencyContractsLiabilityFairValueDisclosure	8100000	usd
CY2021Q4	us-gaap	Foreign Currency Contract Asset Fair Value Disclosure ForeignCurrencyContractAssetFairValueDisclosure	32800000	usd
	lh	Interest Paid In Cash InterestPaidInCash	159400000	usd
	lh	Interest Paid In Cash InterestPaidInCash	169000000.0	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	422500000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	789900000	usd
	lh	Increase In Capital Expenditures Incurred But Not Yet Paid IncreaseInCapitalExpendituresIncurredButNotYetPaid	-6300000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	6900000	usd
CY2022Q3	lh	Intercompanyrevenueelimination Intercompanyrevenueelimination	7300000	usd
CY2021Q3	lh	Intercompanyrevenueelimination Intercompanyrevenueelimination	14400000	usd
	lh	Intercompanyrevenueelimination Intercompanyrevenueelimination	31500000	usd
	lh	Intercompanyrevenueelimination Intercompanyrevenueelimination	68900000	usd
CY2022Q3	us-gaap	Revenues Revenues	3606100000	usd
CY2021Q3	us-gaap	Revenues Revenues	4062600000	usd
	us-gaap	Revenues Revenues	11202600000	usd
	us-gaap	Revenues Revenues	12064800000	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	469400000	usd
CY2021Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	766900000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1683200000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	2528900000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-572200000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-114600000	usd

Files In Submission

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lh-20220930_htm.xml	Edgar Link	completed
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lh-20220930_cal.xml	Edgar Link	unprocessable
lh-20220930_def.xml	Edgar Link	unprocessable
lh-20220930_pre.xml	Edgar Link	unprocessable

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$LH
LABCORP HOLDINGS INC. Stock $lh

2022 Q4 Form 10-Q Financial Statement

#000092014822000060 Filed on November 01, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LH LABCORP HOLDINGS INC. Stock $lh

2022 Q4 Form 10-Q Financial Statement

#000092014822000060 Filed on November 01, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LH
LABCORP HOLDINGS INC. Stock $lh