10-Q Filing

QUEST DIAGNOSTICS INC CIK: 1022079 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001022079-22-000123`
Period End Date	20220630
Filing Date	20220722
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	dgx-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 80 Cash Flow Statement 66 Stockholders Equity 67 Comprehensive Income 28

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$29.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$31.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$790.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$872.00M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $29 and $31 as of June 30, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$1.29B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	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 $31 as of June 30, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$1.44B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	162.00M	shares	Point-in-time
Inventories	`InventoryNet`	$208.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	162.00M	shares	Point-in-time
Inventories	`InventoryNet`	$187.00M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	43.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$223.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$156.00M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	45.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.74B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.43B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.66B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.71B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$599.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$597.00M	USD	Point-in-time
Goodwill	`Goodwill`	$7.20B	USD	Point-in-time
Goodwill	`Goodwill`	$7.09B	USD	Point-in-time
Goodwill	`Goodwill`	$6.87B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.17B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.14B	USD	Point-in-time
Investments in equity method investees	`EquityMethodInvestments`	$147.00M	USD	Point-in-time
Investments in equity method investees	`EquityMethodInvestments`	$141.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$137.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$163.00M	USD	Point-in-time
Total assets	`Assets`	$13.61B	USD	Point-in-time
Total assets	`Assets`	$13.31B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.60B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.42B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.00M	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`	$155.00M	USD	Point-in-time
Current portion of long-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$151.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.75B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.58B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$4.01B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$3.98B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$494.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$497.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$792.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$728.00M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$77.00M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$79.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 600 shares authorized as of both June 30, 2022 and December 31, 2021; 162 shares issued as of both June 30, 2022 and December 31, 2021	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 600 shares authorized as of both June 30, 2022 and December 31, 2021; 162 shares issued as of both June 30, 2022 and December 31, 2021	`CommonStockValue`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.26B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.25B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.08B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.65B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.00M	USD	Point-in-time
Treasury stock, at cost; 45 and 43 shares as of June 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$3.90B	USD	Point-in-time
Treasury stock, at cost; 45 and 43 shares as of June 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$3.45B	USD	Point-in-time
Total Quest Diagnostics stockholders' equity	`StockholdersEquity`	$6.44B	USD	Point-in-time
Total Quest Diagnostics stockholders' equity	`StockholdersEquity`	$6.41B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$39.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$39.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.81B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.45B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.42B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.79B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.94B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.48B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.61B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.31B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.27B	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.45B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.06B	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.55B	USD	1 Quarter
Cost of services	`CostOfRevenue`	$3.19B	USD	2 Qtrs
Cost of services	`CostOfRevenue`	$1.56B	USD	1 Quarter
Cost of services	`CostOfRevenue`	$3.26B	USD	2 Qtrs
Cost of services	`CostOfRevenue`	$1.61B	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$836.00M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$429.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$847.00M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$422.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$54.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$27.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$52.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$25.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$2.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-5.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-5.00M	USD	2 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$2.00M	USD	2 Qtrs
Total operating costs and expenses, net	`CostsAndExpenses`	$2.02B	USD	1 Quarter
Total operating costs and expenses, net	`CostsAndExpenses`	$4.16B	USD	2 Qtrs
Total operating costs and expenses, net	`CostsAndExpenses`	$2.06B	USD	1 Quarter
Total operating costs and expenses, net	`CostsAndExpenses`	$4.08B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$533.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$388.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.19B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$901.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-36.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-38.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-76.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-73.00M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$326.00M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$322.00M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-53.00M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-29.00M	USD	1 Quarter
Total non-operating (expense) income, net	`NonoperatingIncomeExpense`	$250.00M	USD	2 Qtrs
Total non-operating (expense) income, net	`NonoperatingIncomeExpense`	$284.00M	USD	1 Quarter
Total non-operating (expense) income, net	`NonoperatingIncomeExpense`	$-126.00M	USD	2 Qtrs
Total non-operating (expense) income, net	`NonoperatingIncomeExpense`	$-65.00M	USD	1 Quarter
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$817.00M	USD	1 Quarter
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$775.00M	USD	2 Qtrs
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$323.00M	USD	1 Quarter
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.44B	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$177.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$330.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$187.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$77.00M	USD	1 Quarter
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$35.00M	USD	2 Qtrs
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$10.00M	USD	1 Quarter
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$27.00M	USD	2 Qtrs
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$4.00M	USD	1 Quarter
Net income	`ProfitLoss`	$650.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.14B	USD	2 Qtrs
Net income	`ProfitLoss`	$623.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$250.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$34.00M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$19.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$40.00M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$16.00M	USD	1 Quarter
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$589.00M	USD	2 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$1.10B	USD	2 Qtrs
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$631.00M	USD	1 Quarter
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$234.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.97	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.00	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$8.52	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.05	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.96	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.96	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$8.38	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.88	USD	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	125.00M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	129.00M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	117.00M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	118.00M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	127.00M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	119.00M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.00M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	131.00M	shares	2 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$650.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.14B	USD	2 Qtrs
Net income	`ProfitLoss`	$623.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$250.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$100.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$213.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$107.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$201.00M	USD	2 Qtrs
Provision for credit losses	`ContractWithCustomerAssetCreditLossExpense`	$2.00M	USD	2 Qtrs
Provision for credit losses	`ContractWithCustomerAssetCreditLossExpense`	$1.00M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-89.00M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-20.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$37.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$39.00M	USD	2 Qtrs
Gain on disposition of investment	`GainLossOnDispositionOfJointVenture`	-	USD	2 Qtrs
Gain on disposition of investment	`GainLossOnDispositionOfJointVenture`	$314.00M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-33.00M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-265.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-150.00M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-201.00M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-199.00M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-4.00M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$85.00M	USD	2 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-50.00M	USD	2 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-60.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$882.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.19B	USD	2 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$231.00M	USD	2 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.00M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$231.00M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$106.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$170.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$139.00M	USD	2 Qtrs
Proceeds from disposition of investment	`ProceedsFromSaleOfEquityMethodInvestments`	$755.00M	USD	2 Qtrs
Proceeds from disposition of investment	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	2 Qtrs
Increase in investments and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$10.00M	USD	2 Qtrs
Increase in investments and other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$344.00M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-251.00M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfDebt`	$1.00M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfDebt`	$1.00M	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.91B	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$573.00M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$68.00M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$68.00M	USD	2 Qtrs
Employee payroll tax withholdings on stock issued under stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.00M	USD	2 Qtrs
Employee payroll tax withholdings on stock issued under stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$27.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$156.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$152.00M	USD	2 Qtrs
Distributions to noncontrolling interest partners	`PaymentsOfDividendsMinorityInterest`	$36.00M	USD	2 Qtrs
Distributions to noncontrolling interest partners	`PaymentsOfDividendsMinorityInterest`	$53.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-59.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$8.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.13B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-713.00M	USD	2 Qtrs
Net change in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-82.00M	USD	2 Qtrs
Net change in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-598.00M	USD	2 Qtrs
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$872.00M	USD	Point-in-time
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`	$790.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$560.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$872.00M	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`	$790.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$560.00M	USD	Point-in-time

Stockholders Equity 67 line items

Line Item	Tag	Value	Unit	Period
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.81B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.45B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.42B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.79B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.94B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.48B	USD	Point-in-time
Net income	`NetIncomeLossExcludingRedeemableNoncontrollingInterest`	$619.00M	USD	2 Qtrs
Net income	`NetIncomeLossExcludingRedeemableNoncontrollingInterest`	$1.13B	USD	2 Qtrs
Net income	`NetIncomeLossExcludingRedeemableNoncontrollingInterest`	$248.00M	USD	1 Quarter
Net income	`NetIncomeLossExcludingRedeemableNoncontrollingInterest`	$648.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-9.00M	USD	2 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$21.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$11.00M	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$77.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$75.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$155.00M	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$157.00M	USD	2 Qtrs
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$21.00M	USD	1 Quarter
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$30.00M	USD	2 Qtrs
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$13.00M	USD	1 Quarter
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$43.00M	USD	2 Qtrs
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	USD	1 Quarter
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$11.00M	USD	2 Qtrs
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.00M	USD	1 Quarter
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$14.00M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$39.00M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$37.00M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$58.00M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$51.00M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$68.00M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$68.00M	USD	2 Qtrs
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.00M	USD	2 Qtrs
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$27.00M	USD	2 Qtrs
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.00M	USD	1 Quarter
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$1.91B	USD	2 Qtrs
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$200.00M	USD	1 Quarter
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$550.00M	USD	2 Qtrs
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$1.50B	USD	1 Quarter
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.81B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.45B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.42B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.79B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.94B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.48B	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$78.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$78.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$82.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$77.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$79.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$79.00M	USD	Point-in-time
Net income	`TemporaryEquityNetIncome`	$2.00M	USD	1 Quarter
Net income	`TemporaryEquityNetIncome`	$2.00M	USD	1 Quarter
Net income	`TemporaryEquityNetIncome`	$6.00M	USD	2 Qtrs
Net income	`TemporaryEquityNetIncome`	$4.00M	USD	2 Qtrs
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$6.00M	USD	2 Qtrs
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$3.00M	USD	1 Quarter
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$10.00M	USD	2 Qtrs
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$3.00M	USD	1 Quarter
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$78.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$78.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$82.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$77.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$79.00M	USD	Point-in-time
Balance, Value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$79.00M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$650.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.14B	USD	2 Qtrs
Net income	`ProfitLoss`	$623.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$250.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$21.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$18.00M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.00M	USD	2 Qtrs
Net change in available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	2 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	1 Quarter
Net change in available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-7.00M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-9.00M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$21.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$11.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$671.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$243.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.15B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$614.00M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$34.00M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$40.00M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$16.00M	USD	1 Quarter
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$1.11B	USD	2 Qtrs
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$227.00M	USD	1 Quarter
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$652.00M	USD	1 Quarter
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$580.00M	USD	2 Qtrs

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