10-Q Filing

QUEST DIAGNOSTICS INC CIK: 1022079 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001022079-19-000183`
Period End Date	20190930
Filing Date	20191023
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	dgx0930201910-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 116 Cash Flow Statement 73 Stockholders Equity 67 Comprehensive Income 32

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$15.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$15.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$135.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$263.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$434.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $15 as of both September 30, 2019 and December 31, 2018	`AccountsReceivableNetCurrent`	$1.01B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $15 as of both September 30, 2019 and December 31, 2018	`AccountsReceivableNetCurrent`	$1.12B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	217.00M	shares	Point-in-time
Inventories	`InventoryNet`	$99.00M	USD	Point-in-time
Inventories	`InventoryNet`	$112.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	217.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$144.00M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	82.00M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	82.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$116.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.78B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.39B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.35B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.29B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$508.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Goodwill	`Goodwill`	$6.56B	USD	Point-in-time
Goodwill	`Goodwill`	$6.62B	USD	Point-in-time
Goodwill	`Goodwill`	$6.33B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.14B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.21B	USD	Point-in-time
Investment in equity method investees	`EquityMethodInvestments`	$474.00M	USD	Point-in-time
Investment in equity method investees	`EquityMethodInvestments`	$436.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$152.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$119.00M	USD	Point-in-time
Total assets	`Assets`	$12.02B	USD	Point-in-time
Total assets	`Assets`	$11.00B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.06B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.02B	USD	Point-in-time
Current portion of long-term debt	`DebtCurrent`	$805.00M	USD	Point-in-time
Current portion of long-term debt	`DebtCurrent`	$464.00M	USD	Point-in-time
Current portion of long-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Current portion of long-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$147.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.01B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.49B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$3.43B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$3.19B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$405.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$745.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$685.00M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$76.00M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$77.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 600 shares authorized as of both September 30, 2019 and December 31, 2018; 217 shares issued as of both September 30, 2019 and December 31, 2018	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 600 shares authorized as of both September 30, 2019 and December 31, 2018; 217 shares issued as of both September 30, 2019 and December 31, 2018	`CommonStockValue`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.67B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.71B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.99B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.60B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-59.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-55.00M	USD	Point-in-time
Treasury stock, at cost; 82 shares as of both September 30, 2019 and December 31, 2018	`TreasuryStockValue`	$5.04B	USD	Point-in-time
Treasury stock, at cost; 82 shares as of both September 30, 2019 and December 31, 2018	`TreasuryStockValue`	$5.00B	USD	Point-in-time
Total Quest Diagnostics stockholders' equity	`StockholdersEquity`	$5.22B	USD	Point-in-time
Total Quest Diagnostics stockholders' equity	`StockholdersEquity`	$5.61B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$51.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$49.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.27B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.37B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.51B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.26B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.65B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.96B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.02B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$11.00B	USD	Point-in-time

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.80B	USD	3 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.69B	USD	3 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.96B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.89B	USD	1 Quarter
Cost of services	`CostOfRevenue`	$3.69B	USD	3 Qtrs
Cost of services	`CostOfRevenue`	$1.22B	USD	1 Quarter
Cost of services	`CostOfRevenue`	$3.77B	USD	3 Qtrs
Cost of services	`CostOfRevenue`	$1.26B	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$354.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.11B	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$362.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.07B	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$72.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$66.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$22.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$23.00M	USD	1 Quarter
Other operating income, net	`OtherOperatingIncomeExpenseNet`	$14.00M	USD	3 Qtrs
Other operating income, net	`OtherOperatingIncomeExpenseNet`	$21.00M	USD	3 Qtrs
Other operating income, net	`OtherOperatingIncomeExpenseNet`	$6.00M	USD	1 Quarter
Other operating income, net	`OtherOperatingIncomeExpenseNet`	$13.00M	USD	1 Quarter
Total operating costs and expenses, net	`CostsAndExpenses`	$4.81B	USD	3 Qtrs
Total operating costs and expenses, net	`CostsAndExpenses`	$1.58B	USD	1 Quarter
Total operating costs and expenses, net	`CostsAndExpenses`	$4.93B	USD	3 Qtrs
Total operating costs and expenses, net	`CostsAndExpenses`	$1.64B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$868.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$313.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$881.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$304.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-124.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-41.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-133.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-44.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$3.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$13.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Total non-operating expenses, net	`NonoperatingIncomeExpense`	$-43.00M	USD	1 Quarter
Total non-operating expenses, net	`NonoperatingIncomeExpense`	$-122.00M	USD	3 Qtrs
Total non-operating expenses, net	`NonoperatingIncomeExpense`	$-120.00M	USD	3 Qtrs
Total non-operating expenses, net	`NonoperatingIncomeExpense`	$-38.00M	USD	1 Quarter
Income from continuing operations before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$759.00M	USD	3 Qtrs
Income from continuing operations before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$266.00M	USD	1 Quarter
Income from continuing operations before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$270.00M	USD	1 Quarter
Income from continuing operations before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$748.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$142.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$62.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$175.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$48.00M	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`	$32.00M	USD	3 Qtrs
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$18.00M	USD	1 Quarter
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$48.00M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$226.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$621.00M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$227.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$649.00M	USD	3 Qtrs
Income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	3 Qtrs
Income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$20.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$227.00M	USD	1 Quarter
Net income	`ProfitLoss`	$641.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$649.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$226.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$14.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$40.00M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$11.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$36.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$215.00M	USD	1 Quarter
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$605.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$609.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$213.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$213.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$215.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$585.00M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$609.00M	USD	3 Qtrs
Income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$20.00M	USD	3 Qtrs
Income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$215.00M	USD	1 Quarter
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$605.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$609.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$213.00M	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$4.46	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.56	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.59	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$4.33	USD	3 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.15	USD	3 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	3 Qtrs
Net income (in dollars per share)	`EarningsPerShareBasic`	$1.59	USD	1 Quarter
Net income (in dollars per share)	`EarningsPerShareBasic`	$1.56	USD	1 Quarter
Net income (in dollars per share)	`EarningsPerShareBasic`	$4.48	USD	3 Qtrs
Net income (in dollars per share)	`EarningsPerShareBasic`	$4.46	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.53	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.56	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$4.27	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$4.37	USD	3 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.15	USD	3 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	3 Qtrs
Net income (in dollars per share)	`EarningsPerShareDiluted`	$1.56	USD	1 Quarter
Net income (in dollars per share)	`EarningsPerShareDiluted`	$1.53	USD	1 Quarter
Net income (in dollars per share)	`EarningsPerShareDiluted`	$4.37	USD	3 Qtrs
Net income (in dollars per share)	`EarningsPerShareDiluted`	$4.42	USD	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	136.00M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.00M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.00M	shares	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	136.00M	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	136.00M	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	139.00M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	139.00M	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.00M	shares	1 Quarter

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$227.00M	USD	1 Quarter
Net income	`ProfitLoss`	$641.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$649.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$226.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$228.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$82.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$247.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$77.00M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.00M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$9.00M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$52.00M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$15.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$44.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$53.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-7.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$44.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$113.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$166.00M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$80.00M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$51.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$9.00M	USD	3 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-30.00M	USD	3 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-7.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$905.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$895.00M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$54.00M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$56.00M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$219.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$228.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$232.00M	USD	3 Qtrs
Increase in investments and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$27.00M	USD	3 Qtrs
Increase in investments and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$4.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-311.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-455.00M	USD	3 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	$1.63B	USD	3 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	$1.48B	USD	3 Qtrs
Repayments of debt	`RepaymentsOfDebt`	$1.67B	USD	3 Qtrs
Repayments of debt	`RepaymentsOfDebt`	$1.45B	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$150.00M	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$153.00M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$95.00M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$98.00M	USD	3 Qtrs
Employee payroll tax withholdings on stock issued under stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.00M	USD	3 Qtrs
Employee payroll tax withholdings on stock issued under stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$20.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$215.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$198.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`PaymentsOfDividendsMinorityInterest`	$39.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`PaymentsOfDividendsMinorityInterest`	$41.00M	USD	3 Qtrs
Contributions from noncontrolling interest partners	`ProceedsFromMinorityShareholders`	$12.00M	USD	3 Qtrs
Contributions from noncontrolling interest partners	`ProceedsFromMinorityShareholders`	-	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$4.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$13.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-285.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-324.00M	USD	3 Qtrs
Net change in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$126.00M	USD	3 Qtrs
Net change in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$299.00M	USD	3 Qtrs
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$137.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$263.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$137.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$263.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$135.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$263.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$434.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$137.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$263.00M	USD	Point-in-time

Stockholders Equity 67 line items

Line Item	Tag	Value	Unit	Period
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.27B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.37B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.51B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.26B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.65B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.96B	USD	Point-in-time
Net income	`NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest`	$225.00M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest`	$637.00M	USD	3 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest`	$643.00M	USD	3 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingRedeemableNoncontrollingInterest`	$224.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$3.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	3 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-8.00M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$203.00M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$72.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$68.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$215.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$11.00M	USD	1 Quarter
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$34.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$11.00M	USD	1 Quarter
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$32.00M	USD	3 Qtrs
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.00M	USD	1 Quarter
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$19.00M	USD	3 Qtrs
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	USD	1 Quarter
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$20.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$44.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$53.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.00M	USD	1 Quarter
Exercise of stock options, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$98.00M	USD	3 Qtrs
Exercise of stock options, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$24.00M	USD	1 Quarter
Exercise of stock options, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$95.00M	USD	3 Qtrs
Exercise of stock options, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$32.00M	USD	1 Quarter
Purchases of treasury stock, value	`TreasuryStockValueAcquiredCostMethod`	$150.00M	USD	3 Qtrs
Purchases of treasury stock, value	`TreasuryStockValueAcquiredCostMethod`	$150.00M	USD	3 Qtrs
Purchases of treasury stock, value	`TreasuryStockValueAcquiredCostMethod`	$50.00M	USD	1 Quarter
Purchases of treasury stock, value	`TreasuryStockValueAcquiredCostMethod`	$100.00M	USD	1 Quarter
Contributions from noncontrolling interest partners	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$8.00M	USD	1 Quarter
Contributions from noncontrolling interest partners	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$12.00M	USD	3 Qtrs
Reclassification of stranded tax effects resulting from enactment of the Tax Cut and Jobs Act	`TaxCutsandJobsActof2017ReclassificationofStrandedTaxEffectsfromAOCItoRetainedEarnings`	-	USD	3 Qtrs
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.27B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.37B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.51B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.26B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.65B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.96B	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$80.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$76.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$76.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$77.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$77.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$76.00M	USD	Point-in-time
Net income	`TemporaryEquityNetIncome`	$6.00M	USD	3 Qtrs
Net income	`TemporaryEquityNetIncome`	$1.00M	USD	1 Quarter
Net income	`TemporaryEquityNetIncome`	$3.00M	USD	1 Quarter
Net income	`TemporaryEquityNetIncome`	$4.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$1.00M	USD	1 Quarter
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$5.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$9.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$2.00M	USD	1 Quarter
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$80.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$76.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$76.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$77.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$77.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$76.00M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$227.00M	USD	1 Quarter
Net income	`ProfitLoss`	$641.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$649.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$226.00M	USD	1 Quarter
Currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00M	USD	1 Quarter
Currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.00M	USD	3 Qtrs
Currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.00M	USD	1 Quarter
Currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00M	USD	3 Qtrs
Net change on available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$8.00M	USD	1 Quarter
Net change on available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$8.00M	USD	3 Qtrs
Net change on available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Net change on available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	3 Qtrs
Net deferred gain on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$2.00M	USD	3 Qtrs
Net deferred gain on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.00M	USD	1 Quarter
Net deferred gain on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$2.00M	USD	3 Qtrs
Net deferred gain on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-8.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$641.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$645.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$229.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$226.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$14.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$40.00M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$36.00M	USD	3 Qtrs
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$609.00M	USD	3 Qtrs
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$601.00M	USD	3 Qtrs
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$218.00M	USD	1 Quarter
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$212.00M	USD	1 Quarter

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