10-Q Filing

QUEST DIAGNOSTICS INC CIK: 1022079 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001022079-21-000144`
Period End Date	20210930
Filing Date	20211022
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	dgx-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 80 Cash Flow Statement 70 Stockholders Equity 66 Comprehensive Income 32

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$28.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$29.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$987.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.16B	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 $29 and $28 as of September 30, 2021 and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$1.52B	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $29 and $28 as of September 30, 2021 and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$1.47B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	162.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	217.00M	shares	Point-in-time
Inventories	`InventoryNet`	$205.00M	USD	Point-in-time
Inventories	`InventoryNet`	$223.00M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	84.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$189.00M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	39.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$157.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.85B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.06B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.63B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.63B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$596.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$604.00M	USD	Point-in-time
Goodwill	`Goodwill`	$6.62B	USD	Point-in-time
Goodwill	`Goodwill`	$7.06B	USD	Point-in-time
Goodwill	`Goodwill`	$6.87B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.15B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.17B	USD	Point-in-time
Investments in equity method investees	`EquityMethodInvestments`	$124.00M	USD	Point-in-time
Investments in equity method investees	`EquityMethodInvestments`	$521.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$176.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$155.00M	USD	Point-in-time
Total assets	`Assets`	$13.57B	USD	Point-in-time
Total assets	`Assets`	$14.03B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.61B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.63B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.00M	USD	Point-in-time
Current portion of long-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$141.00M	USD	Point-in-time
Current portion of long-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$148.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.76B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.78B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$4.01B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$4.01B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$495.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$499.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$801.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$847.00M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$79.00M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$82.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 600 shares authorized as of both September 30, 2021 and December 31, 2020; 162 and 217 shares issued as of September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 600 shares authorized as of both September 30, 2021 and December 31, 2020; 162 and 217 shares issued as of September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.94B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.84B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.30B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.33B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	Point-in-time
Treasury stock, at cost; 39 and 84 shares as of September 30, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$5.37B	USD	Point-in-time
Treasury stock, at cost; 39 and 84 shares as of September 30, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$2.87B	USD	Point-in-time
Total Quest Diagnostics stockholders' equity	`StockholdersEquity`	$6.39B	USD	Point-in-time
Total Quest Diagnostics stockholders' equity	`StockholdersEquity`	$6.76B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$50.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$40.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.88B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.45B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.94B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.43B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.81B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.03B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.57B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	162.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	217.00M	shares	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.04B	USD	3 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.77B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.79B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.43B	USD	3 Qtrs
Cost of services	`CostOfRevenue`	$4.07B	USD	3 Qtrs
Cost of services	`CostOfRevenue`	$1.67B	USD	1 Quarter
Cost of services	`CostOfRevenue`	$1.58B	USD	1 Quarter
Cost of services	`CostOfRevenue`	$4.86B	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$427.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$396.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.10B	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.26B	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$77.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$77.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$25.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$27.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-65.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-8.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$2.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	-	USD	1 Quarter
Total operating costs and expenses, net	`CostsAndExpenses`	$6.20B	USD	3 Qtrs
Total operating costs and expenses, net	`CostsAndExpenses`	$5.26B	USD	3 Qtrs
Total operating costs and expenses, net	`CostsAndExpenses`	$2.07B	USD	1 Quarter
Total operating costs and expenses, net	`CostsAndExpenses`	$2.12B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.18B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$652.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$718.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.84B	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-114.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-42.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-38.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-124.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$77.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$74.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$366.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$40.00M	USD	1 Quarter
Total non-operating income (expense), net	`NonoperatingIncomeExpense`	$252.00M	USD	3 Qtrs
Total non-operating income (expense), net	`NonoperatingIncomeExpense`	$2.00M	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
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$753.00M	USD	1 Quarter
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.10B	USD	3 Qtrs
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.13B	USD	3 Qtrs
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$654.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$269.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$153.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$177.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$483.00M	USD	3 Qtrs
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$26.00M	USD	1 Quarter
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$15.00M	USD	1 Quarter
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`	$53.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$591.00M	USD	1 Quarter
Net income	`ProfitLoss`	$527.00M	USD	1 Quarter
Net income	`ProfitLoss`	$890.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$1.67B	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$38.00M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$22.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$23.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$62.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$852.00M	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$1.60B	USD	3 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$505.00M	USD	1 Quarter
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$568.00M	USD	1 Quarter
Basic(in dollars per share)	`EarningsPerShareBasic`	$4.20	USD	1 Quarter
Basic(in dollars per share)	`EarningsPerShareBasic`	$6.33	USD	3 Qtrs
Basic(in dollars per share)	`EarningsPerShareBasic`	$4.11	USD	1 Quarter
Basic(in dollars per share)	`EarningsPerShareBasic`	$12.63	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.14	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.25	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$12.41	USD	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	127.00M	shares	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	134.00M	shares	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.00M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	123.00M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	125.00M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	136.00M	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	129.00M	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.00M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$591.00M	USD	1 Quarter
Net income	`ProfitLoss`	$527.00M	USD	1 Quarter
Net income	`ProfitLoss`	$890.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$1.67B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$263.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$101.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$89.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$302.00M	USD	3 Qtrs
Provision for credit losses	`ContractWithCustomerAssetCreditLossExpense`	$18.00M	USD	3 Qtrs
Provision for credit losses	`ContractWithCustomerAssetCreditLossExpense`	$3.00M	USD	3 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-87.00M	USD	3 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$12.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$63.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$60.00M	USD	3 Qtrs
Gain on disposition of joint venture	`GainLossOnDispositionOfJointVenture`	-	USD	3 Qtrs
Gain on disposition of joint venture	`GainLossOnDispositionOfJointVenture`	$314.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$60.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$48.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-45.00M	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`	$36.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$49.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$95.00M	USD	3 Qtrs
Termination of interest rate swap agreements	`TerminationOfInterestRateSwapAgreements`	$40.00M	USD	3 Qtrs
Termination of interest rate swap agreements	`TerminationOfInterestRateSwapAgreements`	-	USD	3 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$16.00M	USD	3 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-39.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.46B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.75B	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$20.00M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$101.00M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$251.00M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$329.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$259.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$256.00M	USD	3 Qtrs
Proceeds from disposition of joint venture	`ProceedsFromSaleOfEquityMethodInvestments`	$755.00M	USD	3 Qtrs
Proceeds from disposition of joint venture	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	3 Qtrs
Decrease (increase) in investments and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$-3.00M	USD	3 Qtrs
Decrease (increase) in investments and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$19.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$248.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-604.00M	USD	3 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	$749.00M	USD	3 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	-	USD	3 Qtrs
Repayments of debt	`RepaymentsOfDebt`	$1.00B	USD	3 Qtrs
Repayments of debt	`RepaymentsOfDebt`	$2.00M	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$75.00M	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.91B	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$144.00M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$108.00M	USD	3 Qtrs
Employee payroll tax withholdings on stock issued under stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.00M	USD	3 Qtrs
Employee payroll tax withholdings on stock issued under stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$222.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$232.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`PaymentsOfDividendsMinorityInterest`	$34.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`PaymentsOfDividendsMinorityInterest`	$75.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-38.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$6.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.17B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-447.00M	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`	$-171.00M	USD	3 Qtrs
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.16B	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$987.00M	USD	Point-in-time
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`	$1.19B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.16B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$987.00M	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`	$1.19B	USD	Point-in-time

Stockholders Equity 66 line items

Line Item	Tag	Value	Unit	Period
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.88B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.45B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.94B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.43B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.81B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time
Net income	`NetIncomeLossExcludingRedeemableNoncontrollingInterest`	$883.00M	USD	3 Qtrs
Net income	`NetIncomeLossExcludingRedeemableNoncontrollingInterest`	$586.00M	USD	1 Quarter
Net income	`NetIncomeLossExcludingRedeemableNoncontrollingInterest`	$1.66B	USD	3 Qtrs
Net income	`NetIncomeLossExcludingRedeemableNoncontrollingInterest`	$524.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	3 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$8.00M	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
Dividends declared	`DividendsCommonStockCash`	$75.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$226.00M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$76.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$233.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$31.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$22.00M	USD	1 Quarter
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$20.00M	USD	1 Quarter
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$63.00M	USD	3 Qtrs
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	USD	1 Quarter
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$17.00M	USD	3 Qtrs
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$17.00M	USD	3 Qtrs
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$63.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.00M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$144.00M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$27.00M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$108.00M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$40.00M	USD	1 Quarter
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.00M	USD	3 Qtrs
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.00M	USD	3 Qtrs
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$75.00M	USD	3 Qtrs
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$1.91B	USD	3 Qtrs
Retirement of treasury stock	`TreasuryStockRetiredCostMethodAmount`	-	USD	3 Qtrs
Retirement of treasury stock	`TreasuryStockRetiredCostMethodAmount`	-	USD	1 Quarter
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.88B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.45B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.94B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.43B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.81B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$80.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$82.00M	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`	$78.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$79.00M	USD	Point-in-time
Net income	`TemporaryEquityNetIncome`	$3.00M	USD	1 Quarter
Net income	`TemporaryEquityNetIncome`	$9.00M	USD	3 Qtrs
Net income	`TemporaryEquityNetIncome`	$5.00M	USD	1 Quarter
Net income	`TemporaryEquityNetIncome`	$7.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$12.00M	USD	3 Qtrs
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$2.00M	USD	1 Quarter
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$3.00M	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`	$82.00M	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`	$78.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$79.00M	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`	$527.00M	USD	1 Quarter
Net income	`ProfitLoss`	$890.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$1.67B	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$14.00M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$10.00M	USD	1 Quarter
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`	$-7.00M	USD	3 Qtrs
Net change in available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	3 Qtrs
Net change in available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Net deferred gain on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.00M	USD	3 Qtrs
Net deferred gain on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.00M	USD	1 Quarter
Net deferred gain on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.00M	USD	3 Qtrs
Net deferred gain on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$8.00M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$13.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$887.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$604.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$524.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$22.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$62.00M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$38.00M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$23.00M	USD	1 Quarter
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$502.00M	USD	1 Quarter
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$1.61B	USD	3 Qtrs
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$849.00M	USD	3 Qtrs
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$581.00M	USD	1 Quarter

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