2023 Q1 Form 10-K Financial Statement

#000092014823000017 Filed on February 28, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $3.778B $3.674B $14.88B
YoY Change -3.12% -9.42% -7.72%
Cost Of Revenue $2.803B $2.704B $10.49B
YoY Change 5.12% 0.87% -0.05%
Gross Profit $974.7M $969.8M $4.385B
YoY Change -20.94% -29.47% -22.03%
Gross Profit Margin 25.8% 26.39% 29.48%
Selling, General & Admin $553.6M $536.5M $1.997B
YoY Change 19.28% 2.03% 2.28%
% of Gross Profit 56.8% 55.32% 45.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $165.9M $156.2M $633.9M
YoY Change 2.72% -16.91% -14.92%
% of Gross Profit 17.02% 16.11% 14.46%
Operating Expenses $622.9M $597.1M $1.997B
YoY Change 34.22% -3.49% 2.28%
Operating Profit $351.8M $372.7M $1.774B
YoY Change -48.86% -50.72% -45.58%
Interest Expense -$50.60M -$87.60M $180.3M
YoY Change -219.91% 102.78% -14.99%
% of Operating Profit -14.38% -23.5% 10.16%
Other Income/Expense, Net -$12.60M $41.40M -$25.30M
YoY Change 24.75% -3284.62% -159.53%
Pretax Income $277.8M $44.50M $1.321B
YoY Change -56.6% -93.51% -48.81%
Income Tax $64.50M -$31.90M $302.0M
% Of Pretax Income 23.22% -71.69% 22.86%
Net Earnings $212.9M $76.10M $1.279B
YoY Change -56.69% -86.24% -46.2%
Net Earnings / Revenue 5.64% 2.07% 8.6%
Basic Earnings Per Share $2.41 $14.05
Diluted Earnings Per Share $2.39 $0.85 $13.97
COMMON SHARES
Basic Shares Outstanding 88.50M shares 88.60M shares 91.10M shares
Diluted Shares Outstanding 89.00M shares 91.60M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $393.9M $430.0M $430.0M
YoY Change -68.07% -70.8% -70.8%
Cash & Equivalents $393.9M $430.0M $430.0M
Short-Term Investments
Other Short-Term Assets $769.8M $707.0M $707.0M
YoY Change 49.27% 47.88% 47.88%
Inventory $481.4M $470.6M $470.6M
Prepaid Expenses $769.8M $707.0M
Receivables $3.050B $2.222B $3.017B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.695B $4.625B $4.625B
YoY Change -10.22% -13.24% -13.24%
LONG-TERM ASSETS
Property, Plant & Equipment $2.944B $2.956B $3.031B
YoY Change 4.86% 5.0% 4.63%
Goodwill $8.116B $8.121B
YoY Change -0.61% 2.04%
Intangibles $3.912B $3.947B
YoY Change -1.52% 5.66%
Long-Term Investments $65.80M $65.70M $65.70M
YoY Change 5.79% 7.88% 7.88%
Other Assets $466.8M $432.7M $365.4M
YoY Change 0.91% -6.46% -9.22%
Total Long-Term Assets $15.51B $15.53B $15.53B
YoY Change 0.04% 3.16% 3.16%
TOTAL ASSETS
Total Short-Term Assets $4.695B $4.625B $4.625B
Total Long-Term Assets $15.51B $15.53B $15.53B
Total Assets $20.20B $20.16B $20.16B
YoY Change -2.55% -1.13% -1.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $880.7M $934.8M $934.8M
YoY Change 41.23% 50.46% 50.46%
Accrued Expenses $1.111B $1.069B $1.108B
YoY Change -11.88% -23.88% -18.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $307.5M $307.3M $307.3M
YoY Change 2462.5% 2460.83% 2460.83%
Total Short-Term Liabilities $2.886B $3.079B $3.079B
YoY Change 9.24% 10.62% 10.62%
LONG-TERM LIABILITIES
Long-Term Debt $5.134B $5.039B $5.122B
YoY Change -4.63% -6.97% -6.88%
Other Long-Term Liabilities $1.082B $422.8M $1.103B
YoY Change 120.89% 5.17% 5.55%
Total Long-Term Liabilities $6.216B $5.462B $6.225B
YoY Change 5.84% -6.13% -4.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.886B $3.079B $3.079B
Total Long-Term Liabilities $6.216B $5.462B $6.225B
Total Liabilities $9.859B $10.04B $10.06B
YoY Change -1.28% -0.51% -0.53%
SHAREHOLDERS EQUITY
Retained Earnings $10.73B $10.58B
YoY Change -2.0% 1.19%
Common Stock $55.80M $8.100M
YoY Change 48.4% -4.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.34B $10.10B $10.10B
YoY Change
Total Liabilities & Shareholders Equity $20.20B $20.16B $20.16B
YoY Change -2.55% -1.13% -1.13%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $212.9M $76.10M $1.279B
YoY Change -56.69% -86.24% -46.2%
Depreciation, Depletion And Amortization $165.9M $156.2M $633.9M
YoY Change 2.72% -16.91% -14.92%
Cash From Operating Activities $121.2M $653.6M $1.956B
YoY Change -65.96% -6.29% -37.1%
INVESTING ACTIVITIES
Capital Expenditures $93.90M $117.9M $481.9M
YoY Change -19.88% -178.6% 4.67%
Acquisitions -$200.0K $1.164B
YoY Change -100.04% 134.25%
Other Investing Activities -$5.800M -$155.4M -$1.170B
YoY Change -98.73% 48.71% 175.88%
Cash From Investing Activities -$99.70M -$273.3M -$1.652B
YoY Change -82.6% 7.39% 86.77%
FINANCING ACTIVITIES
Cash Dividend Paid $64.40M
YoY Change
Common Stock Issuance & Retirement, Net $1.100B
YoY Change -34.07%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -60.60M -372.6M -$1.322B
YoY Change 242.37% -63.06% -36.0%
NET CHANGE
Cash From Operating Activities 121.2M 653.6M $1.956B
Cash From Investing Activities -99.70M -273.3M -$1.652B
Cash From Financing Activities -60.60M -372.6M -$1.322B
Net Change In Cash -39.10M 7.700M -$1.043B
YoY Change -83.65% -101.36% -786.44%
FREE CASH FLOW
Cash From Operating Activities $121.2M $653.6M $1.956B
Capital Expenditures $93.90M $117.9M $481.9M
Free Cash Flow $27.30M $535.7M $1.474B
YoY Change -88.57% -36.79% -44.36%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022 dei Entity Central Index Key
EntityCentralIndexKey
0000920148
CY2022 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-12-31
CY2022 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2022 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2022 dei Amendment Flag
AmendmentFlag
false
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
43500000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
21500000 usd
CY2022 dei City Area Code
CityAreaCode
336
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
88200000 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
93100000 shares
CY2022Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#PropertyPlantAndEquipmentNet
CY2021Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#PropertyPlantAndEquipmentNet
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherAssetsNoncurrent
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherAssetsNoncurrent
CY2022 dei Document Type
DocumentType
10-K
CY2022 dei Document Annual Report
DocumentAnnualReport
true
CY2022 dei Document Transition Report
DocumentTransitionReport
false
CY2022 dei Entity File Number
EntityFileNumber
1-11353
CY2022 dei Entity Registrant Name
EntityRegistrantName
LABORATORY CORPORATION OF AMERICA HOLDINGS
CY2022 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2022 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
13-3757370
CY2022 dei Entity Address Address Line1
EntityAddressAddressLine1
358 South Main Street
CY2022 dei Entity Address City Or Town
EntityAddressCityOrTown
Burlington,
CY2022 dei Entity Address State Or Province
EntityAddressStateOrProvince
NC
CY2022 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
27215
CY2022 dei Local Phone Number
LocalPhoneNumber
229-1127
CY2022 dei Security12b Title
Security12bTitle
Common Stock, $0.10 par value
CY2022 dei Trading Symbol
TradingSymbol
LH
CY2022 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2022 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2022 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2022 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2022 dei Entity Small Business
EntitySmallBusiness
false
CY2022 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2022 dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 dei Entity Public Float
EntityPublicFloat
20200000000 usd
CY2023Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
88500000 shares
CY2022 us-gaap Revenues
Revenues
14876800000 usd
CY2021 us-gaap Revenues
Revenues
16120900000 usd
CY2022 us-gaap Gross Profit
GrossProfit
4385100000 usd
CY2021 us-gaap Gross Profit
GrossProfit
5624300000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
1773900000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
3259500000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
1279100000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
2377300000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1955900000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3109600000 usd
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
14.05
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
24.60
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
13.97
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
24.39
CY2022 lh Percentof Revenue Contributed
PercentofRevenueContributed
1
CY2021 lh Percentof Revenue Contributed
PercentofRevenueContributed
1
CY2020 lh Percentof Revenue Contributed
PercentofRevenueContributed
1
CY2022Q4 dei Entity Number Of Employees
EntityNumberOfEmployees
80000 employee
CY2014Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1000000000.0 usd
CY2022 dei Auditor Firm
AuditorFirmId
34
CY2020 dei Auditor Firm
AuditorFirmId
238
CY2022 dei Auditor Name
AuditorName
Deloitte & Touche LLP
CY2022 dei Auditor Location
AuditorLocation
Raleigh, North Carolina
CY2022 dei Auditor Name
AuditorName
Deloitte & Touche LLP
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
430000000.0 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1472700000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2222000000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2261500000 usd
CY2022Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
795400000 usd
CY2021Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
716800000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
470600000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
401400000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
707000000.0 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
478100000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
4625000000 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
5330500000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2956200000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2815400000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
8121000000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
7958900000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3946900000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3735500000 usd
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
65700000 usd
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
60900000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
7600000 usd
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
21600000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
432700000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
462600000 usd
CY2022Q4 us-gaap Assets
Assets
20155100000 usd
CY2021Q4 us-gaap Assets
Assets
20385400000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
934800000 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
621300000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1068800000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1404100000 usd
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
582100000 usd
CY2021Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
558500000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
185500000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
187000000.0 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
6000000.0 usd
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
10500000 usd
CY2022Q4 lh Short Term Debt And Long Term Debt Current Maturities
ShortTermDebtAndLongTermDebtCurrentMaturities
301300000 usd
CY2021Q4 lh Short Term Debt And Long Term Debt Current Maturities
ShortTermDebtAndLongTermDebtCurrentMaturities
1500000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3078500000 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2782900000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5038800000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5416500000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
679700000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
642500000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
83600000 usd
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
84600000 usd
CY2022Q4 lh Deferred Income Taxes And Other Tax Liabilities
DeferredIncomeTaxesAndOtherTaxLiabilities
736200000 usd
CY2021Q4 lh Deferred Income Taxes And Other Tax Liabilities
DeferredIncomeTaxesAndOtherTaxLiabilities
762900000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
422800000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
402000000.0 usd
CY2022Q4 us-gaap Liabilities
Liabilities
10039600000 usd
CY2021Q4 us-gaap Liabilities
Liabilities
10091400000 usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 lh Noncontrolling Interest Mezzanine Equity
NoncontrollingInterestMezzanineEquity
18900000 usd
CY2021Q4 lh Noncontrolling Interest Mezzanine Equity
NoncontrollingInterestMezzanineEquity
20600000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
8100000 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
8500000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
10581700000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
10456800000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-493200000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-191900000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
10096600000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
10273400000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
20155100000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
20385400000 usd
CY2022 us-gaap Revenues
Revenues
14876800000 usd
CY2021 us-gaap Revenues
Revenues
16120900000 usd
CY2020 us-gaap Revenues
Revenues
13978500000 usd
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
10491700000 usd
CY2021 us-gaap Cost Of Revenue
CostOfRevenue
10496600000 usd
CY2020 us-gaap Cost Of Revenue
CostOfRevenue
9025700000 usd
CY2022 us-gaap Gross Profit
GrossProfit
4385100000 usd
CY2021 us-gaap Gross Profit
GrossProfit
5624300000 usd
CY2020 us-gaap Gross Profit
GrossProfit
4952800000 usd
CY2022 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1996600000 usd
CY2021 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1952100000 usd
CY2020 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1729300000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
259300000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
369600000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
275400000 usd
CY2022 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
271500000 usd
CY2021 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 usd
CY2020 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
462100000 usd
CY2022 lh Net Restructuring And Other Special Charges
NetRestructuringAndOtherSpecialCharges
83800000 usd
CY2021 lh Net Restructuring And Other Special Charges
NetRestructuringAndOtherSpecialCharges
43100000 usd
CY2020 lh Net Restructuring And Other Special Charges
NetRestructuringAndOtherSpecialCharges
40600000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
1773900000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
3259500000 usd
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
2445400000 usd
CY2022 us-gaap Interest Expense
InterestExpense
180300000 usd
CY2021 us-gaap Interest Expense
InterestExpense
212100000 usd
CY2020 us-gaap Interest Expense
InterestExpense
207400000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5400000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
26500000 usd
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2900000 usd
CY2022 us-gaap Investment Income Net
InvestmentIncomeNet
8900000 usd
CY2021 us-gaap Investment Income Net
InvestmentIncomeNet
10200000 usd
CY2020 us-gaap Investment Income Net
InvestmentIncomeNet
10300000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-25300000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
42500000 usd
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-32100000 usd
CY2022 lh Income Loss From Continuing Operations Before Income Taxes And Minority Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndMinorityInterest
1582600000 usd
CY2021 lh Income Loss From Continuing Operations Before Income Taxes And Minority Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndMinorityInterest
3126600000 usd
CY2020 lh Income Loss From Continuing Operations Before Income Taxes And Minority Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndMinorityInterest
2219100000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
302000000.0 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
747100000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
662100000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
1280600000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
2379500000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
1557000000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1500000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2200000 usd
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
900000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
1279100000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
2377300000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
1556100000 usd
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
14.05
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
24.60
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
15.99
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
13.97
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
24.39
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
15.88
CY2022 us-gaap Profit Loss
ProfitLoss
1280600000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
2379500000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
1557000000 usd
CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-336400000 usd
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-104600000 usd
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
264100000 usd
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-44800000 usd
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-91700000 usd
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
65700000 usd
CY2022 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-291600000 usd
CY2021 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-12900000 usd
CY2020 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
198400000 usd
CY2022 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
9700000 usd
CY2021 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
17100000 usd
CY2020 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-12100000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-301300000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-30000000.0 usd
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
210500000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
979300000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2349500000 usd
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1767500000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1500000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2200000 usd
CY2020 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
900000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
977800000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2347300000 usd
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1766600000 usd
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
9000000.0 usd
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
26800000 usd
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
7980500000 usd
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-372400000 usd
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
7643900000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
1556100000 usd
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
210500000 usd
CY2020 lh Issuance Of Common Stock Under Employee Stock Plans
IssuanceOfCommonStockUnderEmployeeStockPlans
55900000 usd
CY2020 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
34500000 usd
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
111700000 usd
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
100000000.0 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
9436600000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
2377300000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-30000000.0 usd
CY2021 lh Issuance Of Common Stock Under Employee Stock Plans
IssuanceOfCommonStockUnderEmployeeStockPlans
51700000 usd
CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
47400000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
153700000 usd
CY2021 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1668500000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
10273400000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
1279100000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-301300000 usd
CY2022 us-gaap Dividends Cash
DividendsCash
198700000 usd
CY2022 lh Issuance Of Common Stock Under Employee Stock Plans
IssuanceOfCommonStockUnderEmployeeStockPlans
50600000 usd
CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
50600000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
144100000 usd
CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1100000000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
10096600000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
1280600000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
2379500000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
1557000000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
633900000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
745100000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
624700000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
144100000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
153700000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
111700000 usd
CY2022 lh Depreciation And Amortization Of Leased Assets
DepreciationAndAmortizationOfLeasedAssets
194400000 usd
CY2021 lh Depreciation And Amortization Of Leased Assets
DepreciationAndAmortizationOfLeasedAssets
194900000 usd
CY2020 lh Depreciation And Amortization Of Leased Assets
DepreciationAndAmortizationOfLeasedAssets
200300000 usd
CY2022 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
271500000 usd
CY2021 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 usd
CY2020 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
462100000 usd
CY2022 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-18300000 usd
CY2021 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
75900000 usd
CY2020 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
47000000.0 usd
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
16500000 usd
CY2021 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-24000000.0 usd
CY2020 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
83400000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-15900000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-222000000.0 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
913400000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
100000000.0 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
179200000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
42500000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
45500000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2800000 usd
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
196600000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
256900000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
68200000 usd
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5400000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
307100000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-10200000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5300000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
35300000 usd
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
45000000.0 usd
CY2020 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
48400000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-559300000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-275900000 usd
CY2020 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
257900000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1955900000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3109600000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2135300000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
481900000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
460400000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
381700000 usd
CY2022 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
17400000 usd
CY2021 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
27800000 usd
CY2020 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
40100000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1400000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
87300000 usd
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
42100000 usd
CY2022 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
5200000 usd
CY2021 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
13200000 usd
CY2020 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
1000000.0 usd
CY2022 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
2900000 usd
CY2021 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 usd
CY2020 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
3100000 usd
CY2022 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
1600000 usd
CY2021 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
0 usd
CY2020 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
0 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1164000000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
496900000 usd
CY2022 lh Sales Commission Amortization Period Maximum
SalesCommissionAmortizationPeriodMaximum
P5Y
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
267600000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1652200000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-884600000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-643200000 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1000000000 usd
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2022 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
CY2021 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
1000000000 usd
CY2020 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
412200000 usd
CY2022 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
0 usd
CY2021 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
375000000.0 usd
CY2020 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
0 usd
CY2022 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
787400000 usd
CY2021 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 usd
CY2020 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
151700000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
787400000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
151700000 usd
CY2022 lh Excess Tax Benefit Share Based Compensation Financing Activities
ExcessTaxBenefitShareBasedCompensationFinancingActivities
50600000 usd
CY2021 lh Excess Tax Benefit Share Based Compensation Financing Activities
ExcessTaxBenefitShareBasedCompensationFinancingActivities
47400000 usd
CY2020 lh Excess Tax Benefit Share Based Compensation Financing Activities
ExcessTaxBenefitShareBasedCompensationFinancingActivities
34500000 usd
CY2022 lh Net Proceeds From Issuance Of Stock To Employees
NetProceedsFromIssuanceOfStockToEmployees
50600000 usd
CY2021 lh Net Proceeds From Issuance Of Stock To Employees
NetProceedsFromIssuanceOfStockToEmployees
51700000 usd
CY2020 lh Net Proceeds From Issuance Of Stock To Employees
NetProceedsFromIssuanceOfStockToEmployees
55900000 usd
CY2022 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
195200000 usd
CY2021 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
0 usd
CY2020 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
0 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1100000000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1668500000 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
100000000.0 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-27000000.0 usd
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-26600000 usd
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-26600000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1322200000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2065800000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-517400000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-24200000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-7300000 usd
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8600000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1042700000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
151900000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
983300000 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
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
337500000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
430000000.0 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
CY2022Q4 dei Entity Number Of Employees
EntityNumberOfEmployees
80000 employee
CY2022 lh Cost Method Investments Maximum Ownership Percentage
CostMethodInvestmentsMaximumOwnershipPercentage
0.20
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:3pt;margin-top:7pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:7pt;margin-top:3pt;text-align:justify;text-indent:15.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with generally accepted accounting principles requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported periods. Significant estimates include implicit price concessions, revenue estimates, the allowances for doubtful accounts, deferred tax assets, fair values of acquired assets and assumed liabilities in business combinations, fair value of goodwill and indefinite-lived intangible assets, amortization lives for acquired intangible assets, and accruals for self-insurance reserves, litigation reserves and pensions. Actual results could differ from those estimates.</span></div><div style="margin-bottom:7pt;margin-top:3pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The extent to which the COVID-19 pandemic has and will continue to impact the Company’s business and financial results depend on numerous evolving factors including, but not limited to the magnitude and duration of the COVID-19 pandemic, the impact to worldwide macroeconomic conditions including interest rates, employment rates and health insurance coverage, the speed of the anticipated recovery, and governmental and business reactions to the pandemic. The Company assessed certain accounting matters that generally require consideration of forecasted financial information in context with the information reasonably available to the Company and the unknown future impacts of COVID-19 as of December 31, 2022, and through the date of this Annual Report. The accounting matters assessed included, but were not limited to, the Company’s implicit price </span></div>concessions and credit losses, equity investments, and the carrying value of goodwill and other long-lived assets. The Company’s future assessment of the magnitude and duration of COVID-19, as well as other factors, could impact the Company’s consolidated financial statements in future reporting periods.
CY2022Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
428100000 usd
CY2021Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
1471000000 usd
CY2022Q4 lh Concentration Risk Accounts Receivable Medicare And Medicaid
ConcentrationRiskAccountsReceivableMedicareAndMedicaid
85800000 usd
CY2021Q4 lh Concentration Risk Accounts Receivable Medicare And Medicaid
ConcentrationRiskAccountsReceivableMedicareAndMedicaid
94500000 usd
CY2021Q4 lh Accountsreceivablefrom Ontariogovernmentsponsoredhealthcareplan
AccountsreceivablefromOntariogovernmentsponsoredhealthcareplan
7200000 usd
CY2022Q4 lh Percentofgrossaccountsreceivableduefrompatients
Percentofgrossaccountsreceivableduefrompatients
0.153
CY2021Q4 lh Percentofgrossaccountsreceivableduefrompatients
Percentofgrossaccountsreceivableduefrompatients
0.167
CY2022 us-gaap Net Income Loss
NetIncomeLoss
1279100000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91100000 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
14.05
CY2021 us-gaap Net Income Loss
NetIncomeLoss
2377300000 usd
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96700000 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
24.60
CY2020 us-gaap Net Income Loss
NetIncomeLoss
1556100000 usd
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97300000 shares
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
15.99
CY2022 lh Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
500000 shares
CY2021 lh Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
800000 shares
CY2020 lh Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
700000 shares
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1279100000 usd
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91600000 shares
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
13.97
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2377300000 usd
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97500000 shares
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
24.39
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1556100000 usd
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
98000000.0 shares
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
15.88
CY2022 us-gaap Earnings Per Share Potentially Dilutive Securities
EarningsPerSharePotentiallyDilutiveSecurities
0.2
CY2021 us-gaap Earnings Per Share Potentially Dilutive Securities
EarningsPerSharePotentiallyDilutiveSecurities
0.1
CY2020 us-gaap Earnings Per Share Potentially Dilutive Securities
EarningsPerSharePotentiallyDilutiveSecurities
0.2
CY2022Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
412800000 usd
CY2021Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
371500000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
57800000 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
29900000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
23300000 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
40100000 usd
CY2022 lh Propertyplantandequipmentusefullifesoftwareminimum
Propertyplantandequipmentusefullifesoftwareminimum
3 y
CY2022 lh Propertyplantandequipmentusefullifesoftwaremaximum
Propertyplantandequipmentusefullifesoftwaremaximum
15 y
CY2022 lh Property Plant And Equipment Useful Life Software Average
PropertyPlantAndEquipmentUsefulLifeSoftwareAverage
5 y
CY2022Q4 lh Income Tax Benefit Minimum Certainty Percentage
IncomeTaxBenefitMinimumCertaintyPercentage
0.50
CY2022 lh Percentof Revenue Contributed
PercentofRevenueContributed
1
CY2021 lh Percentof Revenue Contributed
PercentofRevenueContributed
1
CY2020 lh Percentof Revenue Contributed
PercentofRevenueContributed
1
CY2022 lh Percent Of Domestic Revenue
PercentOfDomesticRevenue
0.775
CY2021 lh Percent Of Domestic Revenue
PercentOfDomesticRevenue
0.779
CY2020 lh Percent Of Domestic Revenue
PercentOfDomesticRevenue
0.801
CY2022 lh Sales Commission Amortization Period Minimum
SalesCommissionAmortizationPeriodMinimum
P1Y
CY2022Q4 us-gaap Accrued Sales Commission Current And Noncurrent
AccruedSalesCommissionCurrentAndNoncurrent
38200000 usd
CY2021Q4 us-gaap Accrued Sales Commission Current And Noncurrent
AccruedSalesCommissionCurrentAndNoncurrent
36200000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
15000000.0 usd
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
14400000 usd
CY2022Q4 us-gaap Amount Of Deferred Costs Related To Long Term Contracts
AmountOfDeferredCostsRelatedToLongTermContracts
53200000 usd
CY2021Q4 us-gaap Amount Of Deferred Costs Related To Long Term Contracts
AmountOfDeferredCostsRelatedToLongTermContracts
50600000 usd
CY2022 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
33900000 usd
CY2021 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
27500000 usd
CY2020 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
23200000 usd
CY2022 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
12400000 usd
CY2021 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
14200000 usd
CY2020 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
10100000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
43500000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
21500000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2222000000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2261500000 usd
CY2022Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
805900000 usd
CY2021Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
730800000 usd
CY2022Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
10500000 usd
CY2021Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
14000000.0 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
795400000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
716800000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
582100000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
558500000 usd
CY2022 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
330500000 usd
CY2021 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
319400000 usd
CY2020 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
262600000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
22100000 usd
CY2020Q4 lh Unbilled Services Allowancefor Credit Loss
UnbilledServicesAllowanceforCreditLoss
11300000 usd
CY2020Q4 lh Note Receivable Allowancefor Credit Loss
NoteReceivableAllowanceforCreditLoss
5700000 usd
CY2020Q4 lh Allowancefor Credit Loss
AllowanceforCreditLoss
39100000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3800000 usd
CY2021 lh Unbilled Services Credit Loss Expense Reversal
UnbilledServicesCreditLossExpenseReversal
2700000 usd
CY2021 lh Note Receivable Credit Loss Expense Reversal
NoteReceivableCreditLossExpenseReversal
5000000.0 usd
CY2021 lh Credit Loss Expense Reversal
CreditLossExpenseReversal
1500000 usd
CY2021 lh Allowancefor Credit Loss Write Off
AllowanceforCreditLossWriteOff
4500000 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
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15100000 usd
CY2022 lh Unbilled Services Credit Loss Expense Reversal
UnbilledServicesCreditLossExpenseReversal
0 usd
CY2022 lh Note Receivable Credit Loss Expense Reversal
NoteReceivableCreditLossExpenseReversal
0 usd
CY2022 lh Credit Loss Expense Reversal
CreditLossExpenseReversal
15100000 usd
CY2022 lh Allowancefor Credit Loss Write Off
AllowanceforCreditLossWriteOff
3500000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
43500000 usd
CY2022Q4 lh Unbilled Services Allowancefor Credit Loss
UnbilledServicesAllowanceforCreditLoss
10500000 usd
CY2022Q4 lh Note Receivable Allowancefor Credit Loss
NoteReceivableAllowanceforCreditLoss
700000 usd
CY2022Q4 lh Allowancefor Credit Loss
AllowanceforCreditLoss
54700000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
5122100000 usd
CY2022Q4 lh Percentofremainingperformanceobligationsrecognizedasrevenueinnextyear
Percentofremainingperformanceobligationsrecognizedasrevenueinnextyear
0.300
CY2022 lh Long Term Contracts Duration Minimum
LongTermContractsDurationMinimum
P1Y
CY2022 lh Long Term Contracts Duration Maximum
LongTermContractsDurationMaximum
P8Y
CY2022 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
73000000.0 usd
CY2021 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
69800000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1164000000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
598500000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
500000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
300000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
27100000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets
1900000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
53500000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssets
32700000 usd
CY2022 lh Goodwill Acquired During Period Net Of Measurement Period Adjustments
GoodwillAcquiredDuringPeriodNetOfMeasurementPeriodAdjustments
558100000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
572700000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
12500000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
1258700000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
3700000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
72800000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Deferred Revenue
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesDeferredRevenue
700000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Capital Lease Obligation
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCapitalLeaseObligation
2900000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther
14600000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
94700000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
1164000000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
496900000 usd
CY2021 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
198500000 usd
CY2020 us-gaap Business Exit Costs1
BusinessExitCosts1
18900000 usd
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
267600000 usd
CY2022 lh Net Restructuring Charges
NetRestructuringCharges
83800000 usd
CY2022 us-gaap Severance Costs1
SeveranceCosts1
39300000 usd
CY2022 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
45700000 usd
CY2022 lh Employee Severance Benefits Related Restructuring Reserve Accrual Adjustment
EmployeeSeveranceBenefitsRelatedRestructuringReserveAccrualAdjustment
300000 usd
CY2022 lh Facility Related Restructuring Reserve Accrual Adjustment
FacilityRelatedRestructuringReserveAccrualAdjustment
900000 usd
CY2021 lh Net Restructuring Charges
NetRestructuringCharges
43100000 usd
CY2021 us-gaap Severance Costs1
SeveranceCosts1
16300000 usd
CY2021 us-gaap Business Exit Costs1
BusinessExitCosts1
28000000.0 usd
CY2021 lh Employee Severance Benefits Related Restructuring Reserve Accrual Adjustment
EmployeeSeveranceBenefitsRelatedRestructuringReserveAccrualAdjustment
400000 usd
CY2021 lh Facility Related Restructuring Reserve Accrual Adjustment
FacilityRelatedRestructuringReserveAccrualAdjustment
800000 usd
CY2020 lh Net Restructuring Charges
NetRestructuringCharges
40600000 usd
CY2020 us-gaap Severance Costs1
SeveranceCosts1
14100000 usd
CY2020 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
17400000 usd
CY2020 lh Employee Severance Benefits Related Restructuring Reserve Accrual Adjustment
EmployeeSeveranceBenefitsRelatedRestructuringReserveAccrualAdjustment
600000 usd
CY2020 lh Facility Related Restructuring Reserve Accrual Adjustment
FacilityRelatedRestructuringReserveAccrualAdjustment
9200000 usd
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
7800000 usd
CY2021 us-gaap Restructuring Charges
RestructuringCharges
44300000 usd
CY2021 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-1200000 usd
CY2021 us-gaap Payments For Restructuring
PaymentsForRestructuring
42500000 usd
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
8400000 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
85000000.0 usd
CY2022 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-1200000 usd
CY2022 us-gaap Payments For Restructuring
PaymentsForRestructuring
73800000 usd
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
18400000 usd
CY2022Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
7700000 usd
CY2022Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
10700000 usd
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
18400000 usd
CY2022 lh Numberofyearsrestructuringliabilitiesexpectedtobepaidoutover
Numberofyearsrestructuringliabilitiesexpectedtobepaidoutover
P10Y8M12D
CY2022Q4 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P16Y
CY2022Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P15Y
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
220000000.0 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
220700000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
8000000.0 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
9400000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5200000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5400000 usd
CY2022 us-gaap Lease Cost
LeaseCost
13200000 usd
CY2021 us-gaap Lease Cost
LeaseCost
14800000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
225900000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
219600000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
5200000 usd
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
5400000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
12300000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
13100000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
178200000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
164600000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
773600000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
746300000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
185500000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
187000000.0 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
679700000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
642500000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
865200000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
829500000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
74900000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
81700000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
6000000.0 usd
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
10500000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
83600000 usd
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
84600000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
89600000 usd
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
95100000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y7M6D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y4M24D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P15Y7M6D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P15Y6M
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.030
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.055
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.056
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
213000000.0 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
11400000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
160900000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
9900000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
119400000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
7800000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
89000000.0 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
7200000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
72500000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
7200000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
369800000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
85600000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1024600000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
129100000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
159400000 usd
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
39500000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
185500000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
6000000.0 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
679700000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
83600000 usd
CY2022 us-gaap Variable Lease Payment
VariableLeasePayment
27900000 usd
CY2021 us-gaap Variable Lease Payment
VariableLeasePayment
28400000 usd
CY2020 us-gaap Variable Lease Payment
VariableLeasePayment
26700000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5679000000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5228600000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2722800000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2413200000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2956200000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2815400000 usd
CY2022 lh Software Depreciation
SoftwareDepreciation
84200000 usd
CY2021 lh Software Depreciation
SoftwareDepreciation
82400000 usd
CY2020 lh Software Depreciation
SoftwareDepreciation
84700000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
7958900000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
7751500000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
598500000 usd
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
298400000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
260000000.0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-176400000 usd
CY2021 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-91000000.0 usd
CY2022Q4 us-gaap Goodwill
Goodwill
8121000000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
7958900000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
5851400000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1904500000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3946900000 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
CY2022 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
271500000 usd
CY2020 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
462100000 usd
CY2022Q4 lh Goodwill Impairment Cumulative
GoodwillImpairmentCumulative
733600000 usd
CY2022 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
542300000 usd
CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P16Y8M12D
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
259300000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
369600000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
275400000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
273500000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
268900000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
256700000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
246900000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
232500000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2055600000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
527100000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
735500000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
146100000 usd
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
239600000 usd
CY2022Q4 lh Accrued Pass Through Expenses
AccruedPassThroughExpenses
136500000 usd
CY2021Q4 lh Accrued Pass Through Expenses
AccruedPassThroughExpenses
149100000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
259100000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
279900000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1068800000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1404100000 usd
CY2022Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
96900000 usd
CY2021Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
104400000 usd
CY2022Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
55600000 usd
CY2021Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
136500000 usd
CY2022Q4 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
46400000 usd
CY2021Q4 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
47200000 usd
CY2022Q4 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
45700000 usd
CY2021Q4 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
32800000 usd
CY2022Q4 lh Other Liabilities Noncurrent Other
OtherLiabilitiesNoncurrentOther
178200000 usd
CY2021Q4 lh Other Liabilities Noncurrent Other
OtherLiabilitiesNoncurrentOther
81100000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
422800000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
402000000.0 usd
CY2022Q4 us-gaap Debt Current
DebtCurrent
301300000 usd
CY2021Q4 us-gaap Debt Current
DebtCurrent
1500000 usd
CY2021Q4 lh A4.00 Seniornotesdue2023
A4.00Seniornotesdue2023
300000000.0 usd
CY2022Q4 lh A2.30seniornotesdue2024
A2.30seniornotesdue2024
400000000.0 usd
CY2021Q4 lh A2.30seniornotesdue2024
A2.30seniornotesdue2024
400000000.0 usd
CY2022Q4 lh Seniornotesdue2024
Seniornotesdue2024
600000000.0 usd
CY2021Q4 lh Seniornotesdue2024
Seniornotesdue2024
600000000.0 usd
CY2022Q4 lh A3.60 Seniornotesdue2025
A3.60Seniornotesdue2025
1000000000 usd
CY2021Q4 lh A3.60 Seniornotesdue2025
A3.60Seniornotesdue2025
1000000000 usd
CY2022Q4 lh A155 Senior Notes Due2026
A155SeniorNotesDue2026
500000000.0 usd
CY2021Q4 lh A155 Senior Notes Due2026
A155SeniorNotesDue2026
500000000.0 usd
CY2022Q4 lh Seniornotesdue2027
Seniornotesdue2027
600000000.0 usd
CY2021Q4 lh Seniornotesdue2027
Seniornotesdue2027
600000000.0 usd
CY2022Q4 lh A2.95seniornotesdue2029
A2.95seniornotesdue2029
650000000.0 usd
CY2021Q4 lh A2.95seniornotesdue2029
A2.95seniornotesdue2029
650000000.0 usd
CY2021Q4 lh A270 Senior Notes Due2031
A270SeniorNotesDue2031
502900000 usd
CY2022Q4 lh A4.70 Seniornotesdue2045
A4.70Seniornotesdue2045
900000000.0 usd
CY2021Q4 lh A4.70 Seniornotesdue2045
A4.70Seniornotesdue2045
900000000.0 usd
CY2022Q4 lh Longtermdebtissuancecosts
Longtermdebtissuancecosts
33800000 usd
CY2021Q4 lh Longtermdebtissuancecosts
Longtermdebtissuancecosts
41000000.0 usd
CY2022Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
2300000 usd
CY2021Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
4600000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5038800000 usd
CY2022Q4 lh Longtermdebtfutureminimumpaymentsinterestincludedinpayments
Longtermdebtfutureminimumpaymentsinterestincludedinpayments
5373900000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5416500000 usd
CY2019Q2 lh A2019 Term Loan
A2019TermLoan
850000000.0 usd
CY2014Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1000000000 usd
CY2014Q4 lh Credit Facility Optionto Increase
CreditFacilityOptiontoIncrease
500000000.0 usd
CY2014Q4 lh Credit Facility Maximum Swing Line Borrowings
CreditFacilityMaximumSwingLineBorrowings
100000000.0 usd
CY2022 us-gaap Line Of Credit Facility Commitment Fee Description
LineOfCreditFacilityCommitmentFeeDescription
0.10% to 0.225%
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
84500000 usd
CY2022Q4 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
79700000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
301300000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
1000000000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
1000000000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
500000000.0 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
600000000.0 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFive
1972600000 usd
CY2022Q4 lh Total Shortand Long Term Debt Issuance Costs
TotalShortandLongTermDebtIssuanceCosts
33800000 usd
CY2022Q4 lh Long Term Debt Excluding Debt Issuance Costs
LongTermDebtExcludingDebtIssuanceCosts
5340100000 usd
CY2022Q4 us-gaap Debt Current
DebtCurrent
301300000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5038800000 usd
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
265000000.0 shares
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
30000000.0 shares
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.10
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
93100000 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
97500000 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
97200000 shares
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-21300000 usd
CY2022 lh Commons Stock Issued During Period Shares Employee Stock Plans
CommonsStockIssuedDuringPeriodSharesEmployeeStockPlans
700000 shares
CY2021 lh Commons Stock Issued During Period Shares Employee Stock Plans
CommonsStockIssuedDuringPeriodSharesEmployeeStockPlans
800000 shares
CY2020 lh Commons Stock Issued During Period Shares Employee Stock Plans
CommonsStockIssuedDuringPeriodSharesEmployeeStockPlans
900000 shares
CY2022 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
5600000 shares
CY2021 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
5200000 shares
CY2020 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
600000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
88200000 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
93100000 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
97500000 shares
CY2022Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
2500000000 usd
CY2021Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1000000000 usd
CY2021Q4 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
2700000 shares
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
233.48
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1100000000 usd
CY2022Q4 lh Common Stock Repurchase Authorization Outstanding
CommonStockRepurchaseAuthorizationOutstanding
531500000 usd
CY2022 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
195200000 usd
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
140600000 usd
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-104600000 usd
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
101700000 usd
CY2021 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-2900000 usd
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
0 usd
CY2021 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-6300000 usd
CY2021 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-6300000 usd
CY2021 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 usd
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-17100000 usd
CY2021 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
17100000 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
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-335500000 usd
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
52500000 usd
CY2022 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-283000000.0 usd
CY2022 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
CY2022 us-gaap Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
80
CY2022 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-4600000 usd
CY2022 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-5500000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 usd
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-9700000 usd
CY2022 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
9700000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-462300000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
30900000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-493200000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1321000000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2580600000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1846500000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
261600000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
546000000.0 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
372500000 usd
CY2022 lh Income Loss From Continuing Operations Before Income Taxes And Minority Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndMinorityInterest
1582600000 usd
CY2021 lh Income Loss From Continuing Operations Before Income Taxes And Minority Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndMinorityInterest
3126600000 usd
CY2020 lh Income Loss From Continuing Operations Before Income Taxes And Minority Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndMinorityInterest
2219100000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
189400000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
545500000 usd
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
455300000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
40100000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
171900000 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
172800000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
65300000 usd
CY2022 lh Reversalof Accrued Income Tax Penalties And Interest
ReversalofAccruedIncomeTaxPenaltiesAndInterest
3300000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
107700000 usd
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
81000000.0 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
294800000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
825100000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
709100000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
7800000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-64600000 usd
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-6700000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-5400000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-13700000 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-28100000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
4800000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
300000 usd
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-12200000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
7200000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-78000000.0 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-47000000.0 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
302000000.0 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
747100000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
662100000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.037
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.039
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.053
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.005
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.005
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.004
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
22500000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.044
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.001
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.027
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.040
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.019
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.001
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.001
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.016
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.003
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.002
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.190
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.239
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.298
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
22300000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
114200000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
145200000 usd
CY2022Q4 lh Deferred Tax Asset Right Of Use Asset
DeferredTaxAssetRightOfUseAsset
189400000 usd
CY2021Q4 lh Deferred Tax Asset Right Of Use Asset
DeferredTaxAssetRightOfUseAsset
176300000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
10300000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
19100000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
54400000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
242600000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
184500000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
116400000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
92700000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
749800000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
640100000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
151300000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
149200000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
598500000 usd
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
490900000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
172700000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
166900000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
811100000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
823800000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
188000000.0 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
143900000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
87900000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
47600000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1259700000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1182200000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
661200000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
691300000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
149200000 usd
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
167600000 usd
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
145400000 usd
CY2022 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
10200000 usd
CY2021 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
6800000 usd
CY2020 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
5800000 usd
CY2022 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
8100000 usd
CY2021 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
25200000 usd
CY2020 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
-16400000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
151300000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
149200000 usd
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
167600000 usd
CY2022Q4 lh Federal Tax Loss Carryovers
FederalTaxLossCarryovers
161500000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
485500000 usd
CY2022Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
340000000.0 usd
CY2022Q4 lh Federaland State Attribute Carryforwards
FederalandStateAttributeCarryforwards
129600000 usd
CY2022 lh Federaland State Attribute Carryforward Valuation Allowance
FederalandStateAttributeCarryforwardValuationAllowance
88100000 usd
CY2022Q4 lh Foreign Tax Loss Carryovers
ForeignTaxLossCarryovers
115700000 usd
CY2022 lh Foreign Tax Loss Carryover Valuation Allowance
ForeignTaxLossCarryoverValuationAllowance
20300000 usd
CY2022Q4 lh Foreign Tax Loss Carryovers Expirein2034
ForeignTaxLossCarryoversExpirein2034
444200000 usd
CY2022Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
26600000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
149200000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
151300000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
44000000.0 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
52400000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
10600000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
4700000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
6500000 usd
CY2022 us-gaap Income Tax Examination Penalties Expense
IncomeTaxExaminationPenaltiesExpense
1600000 usd
CY2021 us-gaap Income Tax Examination Penalties Expense
IncomeTaxExaminationPenaltiesExpense
1600000 usd
CY2020 us-gaap Income Tax Examination Penalties Expense
IncomeTaxExaminationPenaltiesExpense
4400000 usd
CY2021 lh Reversalof Accrued Income Tax Penalties And Interest
ReversalofAccruedIncomeTaxPenaltiesAndInterest
3400000 usd
CY2020 lh Reversalof Accrued Income Tax Penalties And Interest
ReversalofAccruedIncomeTaxPenaltiesAndInterest
3000000.0 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
52400000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
48800000 usd
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
31700000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
12400000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
31100000 usd
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
17300000 usd
CY2022 lh Unrecognized Tax Benefits Increasein Reserve From Acquisition
UnrecognizedTaxBenefitsIncreaseinReserveFromAcquisition
0 usd
CY2021 lh Unrecognized Tax Benefits Increasein Reserve From Acquisition
UnrecognizedTaxBenefitsIncreaseinReserveFromAcquisition
0 usd
CY2020 lh Unrecognized Tax Benefits Increasein Reserve From Acquisition
UnrecognizedTaxBenefitsIncreaseinReserveFromAcquisition
8200000 usd
CY2022 lh Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions
13500000 usd
CY2021 lh Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions
7100000 usd
CY2020 lh Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions
300000 usd
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
7300000 usd
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
20400000 usd
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
8100000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
44000000.0 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
52400000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
48800000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
0.0 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
900000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2100000 usd
CY2022Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
1726300000 usd
CY2021Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
1291800000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
8600000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3600000 shares
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7100000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6800000 usd
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17500000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
1800000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
1700000 usd
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
4600000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8200000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
13400000 usd
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
18500000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
76.23
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
62.18
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
40.06
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.020
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.006
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.015
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.286
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.286
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.203
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0085
CY2022 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
4300000 usd
CY2021 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
3600000 usd
CY2020 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
3400000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Rights
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights
one-third increments beginning on the first anniversary of the grant
CY2022 lh Share Based Compensation Arrangement Performance Share Awards Vesting Conditions
ShareBasedCompensationArrangementPerformanceShareAwardsVestingConditions
Performance share awards are subject to certain earnings per share, revenue, and total shareholder return targets
CY2022 lh Restricted Stock Performance Shares Expense
RestrictedStockPerformanceSharesExpense
125000000.0 usd
CY2021 lh Restricted Stock Performance Shares Expense
RestrictedStockPerformanceSharesExpense
135400000 usd
CY2020 lh Restricted Stock Performance Shares Expense
RestrictedStockPerformanceSharesExpense
98100000 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
155300000 usd
CY2022 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y10M24D
CY2022Q4 lh Employee Stock Purchase Plan Number Of Authorized Shares
EmployeeStockPurchasePlanNumberOfAuthorizedShares
1800000 shares
CY2022 lh Employee Stock Purchase Plan Percent Of Market Price
EmployeeStockPurchasePlanPercentOfMarketPrice
0.85
CY2022 lh Employee Stock Purchase Plan Number Of Shares Purchased
EmployeeStockPurchasePlanNumberOfSharesPurchased
200000 shares
CY2021 lh Employee Stock Purchase Plan Number Of Shares Purchased
EmployeeStockPurchasePlanNumberOfSharesPurchased
200000 shares
CY2020 lh Employee Stock Purchase Plan Number Of Shares Purchased
EmployeeStockPurchasePlanNumberOfSharesPurchased
300000 shares
CY2022 lh Employee Stock Purchase Plan Expense
EmployeeStockPurchasePlanExpense
14800000 usd
CY2021 lh Employee Stock Purchase Plan Expense
EmployeeStockPurchasePlanExpense
14600000 usd
CY2020 lh Employee Stock Purchase Plan Expense
EmployeeStockPurchasePlanExpense
10300000 usd
CY2022 lh Employee Stock Purchase Plan Fair Value Employee Purchase Right
EmployeeStockPurchasePlanFairValueEmployeePurchaseRight
62.50
CY2022 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.02298
CY2021 lh Employee Stock Purchase Plan Fair Value Employee Purchase Right
EmployeeStockPurchasePlanFairValueEmployeePurchaseRight
59.89
CY2020 lh Employee Stock Purchase Plan Fair Value Employee Purchase Right
EmployeeStockPurchasePlanFairValueEmployeePurchaseRight
35.49
CY2022 lh Defined Contribution Plan Total Expense
DefinedContributionPlanTotalExpense
183100000 usd
CY2021 lh Defined Contribution Plan Total Expense
DefinedContributionPlanTotalExpense
168900000 usd
CY2020 lh Defined Contribution Plan Total Expense
DefinedContributionPlanTotalExpense
141800000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
331900000 usd
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
544600000 usd
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Current Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsCurrentFiscalYear
18200000 usd
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
100000 usd
CY2021 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
100000 usd
CY2020 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
200000 usd
CY2022 lh Defined Benefit Plan Amortization And Deferral
DefinedBenefitPlanAmortizationAndDeferral
200000 usd
CY2021 lh Defined Benefit Plan Amortization And Deferral
DefinedBenefitPlanAmortizationAndDeferral
300000 usd
CY2020 lh Defined Benefit Plan Amortization And Deferral
DefinedBenefitPlanAmortizationAndDeferral
400000 usd
CY2022 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
300000 usd
CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
400000 usd
CY2020 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
600000 usd
CY2022Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-200000 usd
CY2021Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
800000 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
5200000 usd
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
6200000 usd
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
100000 usd
CY2021 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
100000 usd
CY2022 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-900000 usd
CY2021 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-500000 usd
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
500000 usd
CY2021 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
600000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
3900000 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
5200000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
3900000 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
5200000 usd
CY2022Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.055
CY2021Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.027
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
600000 usd
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
600000 usd
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
500000 usd
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
400000 usd
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
300000 usd
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
1100000 usd
CY2022 lh Maximumdeferralpercentageofannualcashincentivepay
Maximumdeferralpercentageofannualcashincentivepay
1.000
CY2022 lh Maximumdeferralpercentageofannualbasesalary
Maximumdeferralpercentageofannualbasesalary
0.500
CY2022Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
96900000 usd
CY2021Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
104400000 usd
CY2022Q4 lh Fair Value Liabilities Measured On Recurring Basis Noncontrolling Interest Puts
FairValueLiabilitiesMeasuredOnRecurringBasisNoncontrollingInterestPuts
15000000.0 usd
CY2022Q4 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
45700000 usd
CY2022Q4 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
79700000 usd
CY2022Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
100700000 usd
CY2022Q4 lh Fair Value Liabilities Measured On Recurring Basis Deferred Compensation Liability
FairValueLiabilitiesMeasuredOnRecurringBasisDeferredCompensationLiability
96900000 usd
CY2022Q4 lh Fair Value Liabilities Measured On Recurring Basis Deferred Compensation Liability
FairValueLiabilitiesMeasuredOnRecurringBasisDeferredCompensationLiability
96900000 usd
CY2022Q4 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
77400000 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 Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
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 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
CY2021 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
9100000 usd
CY2021 lh Contingentconsiderationadjustment
Contingentconsiderationadjustment
1100000 usd
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
68300000 usd
CY2022 lh Contingentconsiderationadjustment
Contingentconsiderationadjustment
12800000 usd
CY2022 lh Increase Decrease In Noncontrolling Interest Put
IncreaseDecreaseInNoncontrollingInterestPut
200000 usd
CY2022Q4 lh Senior Notes Fair Value
SeniorNotesFairValue
4973900000 usd
CY2021Q4 lh Senior Notes Fair Value
SeniorNotesFairValue
5841100000 usd
CY2022Q4 lh Balance Of Senior Notes Mature During Q42020
BalanceOfSeniorNotesMatureDuringQ42020
412200000 usd
CY2022Q4 lh Gain Recognizedon Exitof Interest Rate Swap Arrangement
GainRecognizedonExitofInterestRateSwapArrangement
1600000 usd
CY2021Q4 lh Gain Recognizedon Exitof Interest Rate Swap Arrangement
GainRecognizedonExitofInterestRateSwapArrangement
1600000 usd
CY2022 lh Interest Paid In Cash
InterestPaidInCash
197100000 usd
CY2021 lh Interest Paid In Cash
InterestPaidInCash
194700000 usd
CY2020 lh Interest Paid In Cash
InterestPaidInCash
216600000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
504700000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1000000000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
500000000.0 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3900000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
11800000 usd
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1200000 usd
CY2022 us-gaap Revenues
Revenues
14876800000 usd
CY2021 us-gaap Revenues
Revenues
16120900000 usd
CY2020 us-gaap Revenues
Revenues
13978500000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
259300000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
369600000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
275400000 usd
CY2022 lh Net Restructuring Charges
NetRestructuringCharges
83800000 usd
CY2021 lh Net Restructuring Charges
NetRestructuringCharges
43100000 usd
CY2020 lh Net Restructuring Charges
NetRestructuringCharges
40600000 usd
CY2022 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
271500000 usd
CY2021 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 usd
CY2020 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
462100000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
1773900000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
3259500000 usd
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
2445400000 usd
CY2022 us-gaap Depreciation
Depreciation
374600000 usd
CY2021 us-gaap Depreciation
Depreciation
375600000 usd
CY2020 us-gaap Depreciation
Depreciation
349300000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2956200000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2815400000 usd

Files In Submission

Name View Source Status
lh-20221231_lab.xml Edgar Link unprocessable
0000920148-23-000017-index-headers.html Edgar Link pending
0000920148-23-000017-index.html Edgar Link pending
0000920148-23-000017.txt Edgar Link pending
0000920148-23-000017-xbrl.zip Edgar Link pending
exhibit1012thirdarcreditag.htm Edgar Link pending
exhibit1018thomaspikeemplo.htm Edgar Link pending
exhibit212022.htm Edgar Link pending
exhibit2312022.htm Edgar Link pending
exhibit2322022.htm Edgar Link pending
exhibit24102022.htm Edgar Link pending
exhibit2412022.htm Edgar Link pending
exhibit2422022.htm Edgar Link pending
exhibit2432022.htm Edgar Link pending
exhibit2442022.htm Edgar Link pending
exhibit2452022.htm Edgar Link pending
exhibit2462022.htm Edgar Link pending
exhibit2472022.htm Edgar Link pending
exhibit2482022.htm Edgar Link pending
exhibit2492022.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lh-20221231.htm Edgar Link pending
lh-20221231.xsd Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
lh-20221231_cal.xml Edgar Link unprocessable
lh-20221231_def.xml Edgar Link unprocessable
lh-20221231_g1.jpg Edgar Link pending
lh-20221231_g2.jpg Edgar Link pending
lh-20221231_g3.jpg Edgar Link pending
lh-20221231_g4.jpg Edgar Link pending
lh10-kex3112022.htm Edgar Link pending
lh10-kex3122022.htm Edgar Link pending
lh10-kex322022.htm Edgar Link pending
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
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
lh-20221231_pre.xml Edgar Link unprocessable
lh-20221231_htm.xml Edgar Link completed
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending