10-Q Filing

QUEST DIAGNOSTICS INC CIK: 1022079 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001022079-20-000185`
Period End Date	20200930
Filing Date	20201023
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	dgx-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 116 Cash Flow Statement 65 Stockholders Equity 65 Comprehensive Income 32

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$27.00M	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.19B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.60B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $27 and $15 as of September 30, 2020 and December 31, 2019, respectively	`AccountsReceivableNetCurrent`	$1.42B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $27 and $15 as of September 30, 2020 and December 31, 2019, respectively	`AccountsReceivableNetCurrent`	$1.06B	USD	Point-in-time
Inventories	`InventoryNet`	$205.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	217.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	217.00M	shares	Point-in-time
Inventories	`InventoryNet`	$123.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$112.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$117.00M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	84.00M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	82.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.35B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.49B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.45B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.54B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$518.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$535.00M	USD	Point-in-time
Goodwill	`Goodwill`	$6.56B	USD	Point-in-time
Goodwill	`Goodwill`	$6.88B	USD	Point-in-time
Goodwill	`Goodwill`	$6.62B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.19B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.12B	USD	Point-in-time
Investments in equity method investees	`EquityMethodInvestments`	$482.00M	USD	Point-in-time
Investments in equity method investees	`EquityMethodInvestments`	$480.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$160.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$164.00M	USD	Point-in-time
Total assets	`Assets`	$14.14B	USD	Point-in-time
Total assets	`Assets`	$12.84B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.69B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.04B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$555.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$804.00M	USD	Point-in-time
Current portion of long-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$148.00M	USD	Point-in-time
Current portion of long-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$145.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.99B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.39B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$4.02B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$3.97B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$428.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$413.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$711.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$782.00M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$80.00M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$76.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 600 shares authorized as of both September 30, 2020 and December 31, 2019; 217 shares issued as of both September 30, 2020 and December 31, 2019	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 600 shares authorized as of both September 30, 2020 and December 31, 2019; 217 shares issued as of both September 30, 2020 and December 31, 2019	`CommonStockValue`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.72B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.80B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.17B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.80B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-39.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-42.00M	USD	Point-in-time
Treasury stock, at cost; 82 and 84 shares as of September 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$5.22B	USD	Point-in-time
Treasury stock, at cost; 82 and 84 shares as of September 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$5.16B	USD	Point-in-time
Total Quest Diagnostics stockholders' equity	`StockholdersEquity`	$6.40B	USD	Point-in-time
Total Quest Diagnostics stockholders' equity	`StockholdersEquity`	$5.64B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$46.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$46.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.51B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.88B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.27B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.45B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.65B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.14B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.84B	USD	Point-in-time

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.96B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.79B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.80B	USD	3 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.43B	USD	3 Qtrs
Cost of services	`CostOfRevenue`	$1.26B	USD	1 Quarter
Cost of services	`CostOfRevenue`	$3.77B	USD	3 Qtrs
Cost of services	`CostOfRevenue`	$4.07B	USD	3 Qtrs
Cost of services	`CostOfRevenue`	$1.58B	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`	$1.10B	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$396.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$72.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$77.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$23.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$27.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$6.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$21.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-8.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-65.00M	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
Total operating costs and expenses, net	`CostsAndExpenses`	$5.26B	USD	3 Qtrs
Total operating costs and expenses, net	`CostsAndExpenses`	$2.07B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$313.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.18B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$718.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$868.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-124.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-133.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-44.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-42.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$77.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$74.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$13.00M	USD	3 Qtrs
Total non-operating income (expense), net	`NonoperatingIncomeExpense`	$-43.00M	USD	1 Quarter
Total non-operating income (expense), net	`NonoperatingIncomeExpense`	$35.00M	USD	1 Quarter
Total non-operating income (expense), net	`NonoperatingIncomeExpense`	$-50.00M	USD	3 Qtrs
Total non-operating income (expense), net	`NonoperatingIncomeExpense`	$-120.00M	USD	3 Qtrs
Income from continuing operations before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$753.00M	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 from continuing operations before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.13B	USD	3 Qtrs
Income from continuing operations before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$270.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$62.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$269.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$177.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$175.00M	USD	3 Qtrs
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$33.00M	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
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$15.00M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$591.00M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$226.00M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$890.00M	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$621.00M	USD	3 Qtrs
Income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$20.00M	USD	3 Qtrs
Income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	3 Qtrs
Net income	`ProfitLoss`	$591.00M	USD	1 Quarter
Net income	`ProfitLoss`	$226.00M	USD	1 Quarter
Net income	`ProfitLoss`	$641.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$890.00M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$23.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$38.00M	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`	$605.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$215.00M	USD	1 Quarter
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$852.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$568.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$852.00M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$585.00M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$215.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$568.00M	USD	1 Quarter
Income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
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	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$605.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$215.00M	USD	1 Quarter
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$852.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$568.00M	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`	$6.33	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$4.20	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`	$0.15	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	3 Qtrs
Income from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net income (in dollars per share)	`EarningsPerShareBasic`	$4.20	USD	1 Quarter
Net income (in dollars per share)	`EarningsPerShareBasic`	$1.59	USD	1 Quarter
Net income (in dollars per share)	`EarningsPerShareBasic`	$6.33	USD	3 Qtrs
Net income (in dollars per share)	`EarningsPerShareBasic`	$4.48	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$4.27	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.56	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$6.25	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$4.14	USD	1 Quarter
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`	$6.25	USD	3 Qtrs
Net income (in dollars per share)	`EarningsPerShareDiluted`	$4.42	USD	3 Qtrs
Net income (in dollars per share)	`EarningsPerShareDiluted`	$4.14	USD	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.00M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.00M	shares	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	134.00M	shares	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.00M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	136.00M	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	136.00M	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.00M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.00M	shares	1 Quarter

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$591.00M	USD	1 Quarter
Net income	`ProfitLoss`	$226.00M	USD	1 Quarter
Net income	`ProfitLoss`	$641.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$890.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$263.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$247.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$82.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$89.00M	USD	1 Quarter
Provision for credit losses	`ContractWithCustomerAssetCreditLossExpense`	$18.00M	USD	3 Qtrs
Provision for credit losses	`ContractWithCustomerAssetCreditLossExpense`	$9.00M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$12.00M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$15.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$63.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$44.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$60.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$44.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$113.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$355.00M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$514.00M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$80.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$9.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$95.00M	USD	3 Qtrs
Termination of interest rate swap agreements	`TerminationOfInterestRateSwapAgreements`	-	USD	3 Qtrs
Termination of interest rate swap agreements	`TerminationOfInterestRateSwapAgreements`	$40.00M	USD	3 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-7.00M	USD	3 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$16.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$895.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.46B	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$56.00M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$101.00M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$329.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$256.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$228.00M	USD	3 Qtrs
Increase in investments and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$27.00M	USD	3 Qtrs
Increase in investments and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$19.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-311.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-604.00M	USD	3 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	$749.00M	USD	3 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	$1.48B	USD	3 Qtrs
Repayments of debt	`RepaymentsOfDebt`	$1.45B	USD	3 Qtrs
Repayments of debt	`RepaymentsOfDebt`	$1.00B	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$75.00M	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$153.00M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$98.00M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$144.00M	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`	$13.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$222.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$215.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`PaymentsOfDividendsMinorityInterest`	$34.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`PaymentsOfDividendsMinorityInterest`	$39.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$6.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$4.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-447.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-285.00M	USD	3 Qtrs
Net change in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$413.00M	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`	$1.60B	USD	Point-in-time
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`	$1.19B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.60B	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`	$1.19B	USD	Point-in-time

Stockholders Equity 65 line items

Line Item	Tag	Value	Unit	Period
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.51B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.88B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.27B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.45B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.65B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time
Net income	`NetIncomeLossExcludingPortionAttributableToNoncontrollingInterestAndExcludingRedeemableNoncontrollingInterest`	$586.00M	USD	1 Quarter
Net income	`NetIncomeLossExcludingPortionAttributableToNoncontrollingInterestAndExcludingRedeemableNoncontrollingInterest`	$637.00M	USD	3 Qtrs
Net income	`NetIncomeLossExcludingPortionAttributableToNoncontrollingInterestAndExcludingRedeemableNoncontrollingInterest`	$225.00M	USD	1 Quarter
Net income	`NetIncomeLossExcludingPortionAttributableToNoncontrollingInterestAndExcludingRedeemableNoncontrollingInterest`	$883.00M	USD	3 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	3 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$13.00M	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
Dividends declared	`DividendsCommonStockCash`	$215.00M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$72.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$75.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$226.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$22.00M	USD	1 Quarter
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`	$31.00M	USD	3 Qtrs
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$17.00M	USD	3 Qtrs
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`	$4.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$63.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$44.00M	USD	3 Qtrs
Exercise of stock options, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$144.00M	USD	3 Qtrs
Exercise of stock options, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$98.00M	USD	3 Qtrs
Exercise of stock options, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$32.00M	USD	1 Quarter
Exercise of stock options, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$27.00M	USD	1 Quarter
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.00M	USD	3 Qtrs
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.00M	USD	3 Qtrs
Purchases of treasury stock, value	`TreasuryStockValueAcquiredCostMethod`	$50.00M	USD	1 Quarter
Purchases of treasury stock, value	`TreasuryStockValueAcquiredCostMethod`	$150.00M	USD	3 Qtrs
Purchases of treasury stock, value	`TreasuryStockValueAcquiredCostMethod`	$75.00M	USD	3 Qtrs
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.51B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.88B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.27B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.45B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.65B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$76.00M	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
Net income	`TemporaryEquityNetIncome`	$1.00M	USD	1 Quarter
Net income	`TemporaryEquityNetIncome`	$4.00M	USD	3 Qtrs
Net income	`TemporaryEquityNetIncome`	$7.00M	USD	3 Qtrs
Net income	`TemporaryEquityNetIncome`	$5.00M	USD	1 Quarter
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$5.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$3.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$2.00M	USD	1 Quarter
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$1.00M	USD	1 Quarter
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$76.00M	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

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$591.00M	USD	1 Quarter
Net income	`ProfitLoss`	$226.00M	USD	1 Quarter
Net income	`ProfitLoss`	$641.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$890.00M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$10.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00M	USD	3 Qtrs
Net change in available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$8.00M	USD	1 Quarter
Net change in available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$8.00M	USD	3 Qtrs
Net change in available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Net change in available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	3 Qtrs
Net deferred gain on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$3.00M	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`	$3.00M	USD	1 Quarter
Net deferred gain on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$13.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$887.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$229.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$604.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$645.00M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$38.00M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$36.00M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$23.00M	USD	1 Quarter
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$581.00M	USD	1 Quarter
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$609.00M	USD	3 Qtrs
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$849.00M	USD	3 Qtrs
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$218.00M	USD	1 Quarter

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