10-Q Filing

QUEST DIAGNOSTICS INC CIK: 1022079 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001022079-17-000194`
Period End Date	20170930
Filing Date	20171019
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	dgx-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 93 Cash Flow Statement 74 Stockholders Equity 40 Comprehensive Income 32

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$265.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$286.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$359.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$350.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$406.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $286 and $265 as of September 30, 2017 and December 31, 2016, respectively	`AccountsReceivableNetCurrent`	$926.00M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $286 and $265 as of September 30, 2017 and December 31, 2016, respectively	`AccountsReceivableNetCurrent`	$960.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Inventories	`InventoryNet`	$82.00M	USD	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	216.00M	shares	Point-in-time
Inventories	`InventoryNet`	$100.00M	USD	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	216.00M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	80.00M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	79.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$164.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$134.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.54B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.53B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.03B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.10B	USD	Point-in-time
Goodwill	`Goodwill`	$6.16B	USD	Point-in-time
Goodwill	`Goodwill`	$5.91B	USD	Point-in-time
Goodwill	`Goodwill`	$6.00B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$949.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.03B	USD	Point-in-time
Investment in equity method investees	`EquityMethodInvestments`	$443.00M	USD	Point-in-time
Investment in equity method investees	`EquityMethodInvestments`	$459.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$148.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$146.00M	USD	Point-in-time
Total assets	`Assets`	$10.10B	USD	Point-in-time
Total assets	`Assets`	$10.44B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.05B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$975.00M	USD	Point-in-time
Current portion of long-term debt	`DebtCurrent`	$6.00M	USD	Point-in-time
Current portion of long-term debt	`DebtCurrent`	$5.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$981.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.05B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$3.73B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$3.76B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$722.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$654.00M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$77.00M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$78.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 600 shares authorized as of both September 30, 2017 and December 31, 2016; 216 shares issued as of both September 30, 2017 and December 31, 2016	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 600 shares authorized as of both September 30, 2017 and December 31, 2016; 216 shares issued as of both September 30, 2017 and December 31, 2016	`CommonStockValue`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.58B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.54B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.61B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.95B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-72.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-48.00M	USD	Point-in-time
Treasury stock, at cost; 80 shares and 79 shares as of September 30, 2017 and December 31, 2016, respectively	`TreasuryStockValue`	$4.46B	USD	Point-in-time
Treasury stock, at cost; 80 shares and 79 shares as of September 30, 2017 and December 31, 2016, respectively	`TreasuryStockValue`	$4.69B	USD	Point-in-time
Total Quest Diagnostics stockholders' equity	`StockholdersEquity`	$4.79B	USD	Point-in-time
Total Quest Diagnostics stockholders' equity	`StockholdersEquity`	$4.63B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$34.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$32.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.83B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.71B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.69B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.66B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$10.10B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$10.44B	USD	Point-in-time

Income Statement 93 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`SalesRevenueNet`	$5.65B	USD	3 Qtrs
Net revenues	`SalesRevenueNet`	$1.93B	USD	1 Quarter
Net revenues	`SalesRevenueNet`	$1.89B	USD	1 Quarter
Net revenues	`SalesRevenueNet`	$5.77B	USD	3 Qtrs
Cost of services	`CostOfRevenue`	$1.19B	USD	1 Quarter
Cost of services	`CostOfRevenue`	$3.46B	USD	3 Qtrs
Cost of services	`CostOfRevenue`	$1.16B	USD	1 Quarter
Cost of services	`CostOfRevenue`	$3.52B	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.28B	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.30B	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$423.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$409.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$19.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$18.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$54.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$54.00M	USD	3 Qtrs
Gain on disposition of business	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Gain on disposition of business	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on disposition of business	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on disposition of business	`GainLossOnSaleOfBusiness`	$118.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-1.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$20.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$21.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-1.00M	USD	3 Qtrs
Total operating costs and expenses, net	`CostsAndExpenses`	$4.88B	USD	3 Qtrs
Total operating costs and expenses, net	`CostsAndExpenses`	$1.63B	USD	1 Quarter
Total operating costs and expenses, net	`CostsAndExpenses`	$1.56B	USD	1 Quarter
Total operating costs and expenses, net	`CostsAndExpenses`	$4.65B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$298.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$896.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$322.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.00B	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-38.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-37.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-112.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-107.00M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$12.00M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$4.00M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-50.00M	USD	3 Qtrs
Total non-operating expenses, net	`NonoperatingIncomeExpense`	$-157.00M	USD	3 Qtrs
Total non-operating expenses, net	`NonoperatingIncomeExpense`	$-40.00M	USD	1 Quarter
Total non-operating expenses, net	`NonoperatingIncomeExpense`	$-100.00M	USD	3 Qtrs
Total non-operating expenses, net	`NonoperatingIncomeExpense`	$-33.00M	USD	1 Quarter
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$796.00M	USD	3 Qtrs
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$258.00M	USD	1 Quarter
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$844.00M	USD	3 Qtrs
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$289.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$95.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$345.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$264.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$92.00M	USD	1 Quarter
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$11.00M	USD	1 Quarter
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$9.00M	USD	1 Quarter
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$25.00M	USD	3 Qtrs
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$30.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$205.00M	USD	1 Quarter
Net income	`ProfitLoss`	$175.00M	USD	1 Quarter
Net income	`ProfitLoss`	$529.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$557.00M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$14.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$13.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$39.00M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$39.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$518.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$490.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$161.00M	USD	1 Quarter
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$192.00M	USD	1 Quarter
Basic (per share)	`EarningsPerShareBasic`	$3.46	USD	3 Qtrs
Basic (per share)	`EarningsPerShareBasic`	$3.77	USD	3 Qtrs
Basic (per share)	`EarningsPerShareBasic`	$1.37	USD	1 Quarter
Basic (per share)	`EarningsPerShareBasic`	$1.18	USD	1 Quarter
Diluted (per share)	`EarningsPerShareDiluted`	$1.15	USD	1 Quarter
Diluted (per share)	`EarningsPerShareDiluted`	$1.34	USD	1 Quarter
Diluted (per share)	`EarningsPerShareDiluted`	$3.42	USD	3 Qtrs
Diluted (per share)	`EarningsPerShareDiluted`	$3.68	USD	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	137.00M	shares	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	137.00M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.00M	shares	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	139.00M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	140.00M	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	143.00M	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	140.00M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	142.00M	shares	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.40	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$1.35	USD	3 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.40	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.40	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.45	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$1.20	USD	3 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.45	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.45	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.45	USD	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$205.00M	USD	1 Quarter
Net income	`ProfitLoss`	$175.00M	USD	1 Quarter
Net income	`ProfitLoss`	$529.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$557.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$197.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$186.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$69.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$63.00M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$241.00M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$242.00M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$90.00M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$19.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$52.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$54.00M	USD	3 Qtrs
Gain on disposition of business	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Gain on disposition of business	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on disposition of business	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on disposition of business	`GainLossOnSaleOfBusiness`	$118.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$15.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$5.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$265.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$316.00M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$43.00M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$74.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	3 Qtrs
Termination of interest rate swap agreements	`TerminationOfInterestRateSwapAgreements`	$54.00M	USD	3 Qtrs
Termination of interest rate swap agreements	`TerminationOfInterestRateSwapAgreements`	-	USD	3 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-15.00M	USD	3 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$14.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$852.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$765.00M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$139.00M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.00M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$187.00M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$299.00M	USD	3 Qtrs
Proceeds from disposition of businesses	`ProceedsFromDivestitureOfBusinesses`	$270.00M	USD	3 Qtrs
Proceeds from disposition of businesses	`ProceedsFromDivestitureOfBusinesses`	$1.00M	USD	3 Qtrs
Escrow proceeds associated with disposition of business	`DecreaseInRestrictedCash`	$25.00M	USD	3 Qtrs
Escrow proceeds associated with disposition of business	`DecreaseInRestrictedCash`	-	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$165.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$170.00M	USD	3 Qtrs
Decrease (increase) in investments and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$11.00M	USD	3 Qtrs
Decrease (increase) in investments and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-439.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-45.00M	USD	3 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	-	USD	3 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	$1.87B	USD	3 Qtrs
Repayments of debt	`RepaymentsOfDebt`	$1.72B	USD	3 Qtrs
Repayments of debt	`RepaymentsOfDebt`	$5.00M	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$350.00M	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$440.00M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$63.00M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$125.00M	USD	3 Qtrs
Employee payroll tax withholdings on stock issued under stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$23.00M	USD	3 Qtrs
Employee payroll tax withholdings on stock issued under stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$168.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$186.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$31.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$38.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-8.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$55.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-422.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-447.00M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$273.00M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.00M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$359.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$133.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$350.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$406.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$359.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$133.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$350.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$406.00M	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.83B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.71B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.69B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.66B	USD	Point-in-time
Net income	`NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest`	$552.00M	USD	3 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest`	$523.00M	USD	3 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$12.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$24.00M	USD	3 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-23.00M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$185.00M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$169.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$31.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$34.00M	USD	3 Qtrs
Issuance of common stock under benefit plans, value	`StockIssuedDuringPeriodValueShareBasedCompensation`	$18.00M	USD	3 Qtrs
Issuance of common stock under benefit plans, value	`StockIssuedDuringPeriodValueShareBasedCompensation`	$16.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$52.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$54.00M	USD	3 Qtrs
Exercise of stock options, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$63.00M	USD	3 Qtrs
Exercise of stock options, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$125.00M	USD	3 Qtrs
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans	`Sharestocoveremployeepayrolltaxwithholdingsonstockissuedunderstockbasedcompensationplans`	$23.00M	USD	3 Qtrs
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans	`Sharestocoveremployeepayrolltaxwithholdingsonstockissuedunderstockbasedcompensationplans`	$10.00M	USD	3 Qtrs
Purchases of treasury stock, value	`TreasuryStockValueAcquiredCostMethod`	$440.00M	USD	3 Qtrs
Purchases of treasury stock, value	`TreasuryStockValueAcquiredCostMethod`	$365.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$-2.00M	USD	3 Qtrs
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.83B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.71B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.69B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.66B	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$76.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$70.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$78.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$77.00M	USD	Point-in-time
Net income	`TemporaryEquityNetIncome`	$5.00M	USD	3 Qtrs
Net income	`TemporaryEquityNetIncome`	$6.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$4.00M	USD	3 Qtrs
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$76.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$70.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$78.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$77.00M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$205.00M	USD	1 Quarter
Net income	`ProfitLoss`	$175.00M	USD	1 Quarter
Net income	`ProfitLoss`	$529.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$557.00M	USD	3 Qtrs
Currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$20.00M	USD	3 Qtrs
Currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.00M	USD	1 Quarter
Currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.00M	USD	1 Quarter
Currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-23.00M	USD	3 Qtrs
Investment adjustments, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$3.00M	USD	3 Qtrs
Investment adjustments, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.00M	USD	3 Qtrs
Investment adjustments, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Investment adjustments, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$3.00M	USD	1 Quarter
Net deferred loss on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	-	USD	1 Quarter
Net deferred loss on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.00M	USD	1 Quarter
Net deferred loss on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.00M	USD	3 Qtrs
Net deferred loss on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$12.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$24.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-23.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$506.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$187.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$200.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$581.00M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$14.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$39.00M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$39.00M	USD	3 Qtrs
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$173.00M	USD	1 Quarter
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$542.00M	USD	3 Qtrs
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$467.00M	USD	3 Qtrs
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$187.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.