10-K Filing

QUEST DIAGNOSTICS INC CIK: 1022079 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001022079-24-000041`
Period End Date	20231231
Filing Date	20240222
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	dgx-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 54 Cash Flow Statement 89 Stockholders Equity 46 Comprehensive Income 24

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$30.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$27.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$315.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$686.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $27 and $30 as of December 31, 2023 and 2022, respectively	`AccountsReceivableNetCurrent`	$1.21B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $27 and $30 as of December 31, 2023 and 2022, respectively	`AccountsReceivableNetCurrent`	$1.20B	USD	Point-in-time
Inventories	`InventoryNet`	$190.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	162.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	162.00M	shares	Point-in-time
Inventories	`InventoryNet`	$192.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$286.00M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	51.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$196.00M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	51.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.37B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.90B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.82B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.77B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$602.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$585.00M	USD	Point-in-time
Goodwill	`Goodwill`	$7.73B	USD	Point-in-time
Goodwill	`Goodwill`	$7.09B	USD	Point-in-time
Goodwill	`Goodwill`	$7.22B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.09B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.17B	USD	Point-in-time
Investments in equity method investees	`EquityMethodInvestments`	$132.00M	USD	Point-in-time
Investments in equity method investees	`EquityMethodInvestments`	$135.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$144.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$198.00M	USD	Point-in-time
Total assets	`Assets`	$14.02B	USD	Point-in-time
Total assets	`Assets`	$12.84B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.40B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.36B	USD	Point-in-time
Less: Current portion of long-term debt	`LongTermDebtCurrent`	$2.00M	USD	Point-in-time
Less: Current portion of long-term debt	`LongTermDebtCurrent`	$303.00M	USD	Point-in-time
Current portion of long-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$153.00M	USD	Point-in-time
Current portion of long-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$153.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.55B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.81B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$3.98B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$4.41B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$489.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$503.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$876.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$812.00M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$76.00M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$77.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 600 shares authorized as of both December 31, 2023 and 2022; 162 shares issued as of both December 31, 2023 and 2022	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock, par value $0.01 per share; 600 shares authorized as of both December 31, 2023 and 2022; 162 shares issued as of both December 31, 2023 and 2022	`CommonStockValue`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.32B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.29B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.82B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.29B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.00M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.00M	USD	Point-in-time
Treasury stock, at cost; 51 shares as of both December 31, 2023 and 2022	`TreasuryStockValue`	$4.67B	USD	Point-in-time
Treasury stock, at cost; 51 shares as of both December 31, 2023 and 2022	`TreasuryStockValue`	$4.83B	USD	Point-in-time
Total Quest Diagnostics stockholders' equity	`StockholdersEquity`	$5.89B	USD	Point-in-time
Total Quest Diagnostics stockholders' equity	`StockholdersEquity`	$6.31B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$37.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$35.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.93B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.34B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.81B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.48B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.84B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.02B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	162.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	162.00M	shares	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.25B	USD	Annual
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.88B	USD	Annual
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.79B	USD	Annual
Cost of services	`CostOfRevenue`	$6.45B	USD	Annual
Cost of services	`CostOfRevenue`	$6.58B	USD	Annual
Cost of services	`CostOfRevenue`	$6.20B	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.87B	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.73B	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.64B	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$103.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$120.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$108.00M	USD	Annual
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-11.00M	USD	Annual
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-41.00M	USD	Annual
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$2.00M	USD	Annual
Total operating costs and expenses, net	`CostsAndExpenses`	$7.99B	USD	Annual
Total operating costs and expenses, net	`CostsAndExpenses`	$8.46B	USD	Annual
Total operating costs and expenses, net	`CostsAndExpenses`	$8.41B	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.26B	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.43B	USD	Annual
Operating income	`OperatingIncomeLoss`	$2.38B	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-151.00M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-138.00M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-152.00M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$20.00M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$369.00M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-55.00M	USD	Annual
Total non-operating (expense) income, net	`NonoperatingIncomeExpense`	$-193.00M	USD	Annual
Total non-operating (expense) income, net	`NonoperatingIncomeExpense`	$-132.00M	USD	Annual
Total non-operating (expense) income, net	`NonoperatingIncomeExpense`	$218.00M	USD	Annual
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.60B	USD	Annual
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.13B	USD	Annual
Income before income taxes and equity in earnings of equity method investees	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.24B	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$248.00M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$597.00M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$264.00M	USD	Annual
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$26.00M	USD	Annual
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$44.00M	USD	Annual
Equity in earnings of equity method investees, net of taxes	`IncomeLossFromEquityMethodInvestments`	$78.00M	USD	Annual
Net income	`ProfitLoss`	$1.01B	USD	Annual
Net income	`ProfitLoss`	$2.08B	USD	Annual
Net income	`ProfitLoss`	$908.00M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$54.00M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$69.00M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$85.00M	USD	Annual
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$946.00M	USD	Annual
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$854.00M	USD	Annual
Net income attributable to Quest Diagnostics	`NetIncomeLoss`	$2.00B	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$15.85	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$8.10	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$7.59	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$15.55	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$7.97	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$7.49	USD	Annual

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.01B	USD	Annual
Net income	`ProfitLoss`	$2.08B	USD	Annual
Net income	`ProfitLoss`	$908.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$408.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$437.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$439.00M	USD	Annual
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$4.00M	USD	Annual
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$3.00M	USD	Annual
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$1.00M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$-57.00M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$1.00M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$-49.00M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$77.00M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$79.00M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$77.00M	USD	Annual
Gain on disposition of joint venture	`GainLossOnDispositionOfJointVenture`	$314.00M	USD	Annual
Gain on disposition of joint venture	`GainLossOnDispositionOfJointVenture`	-	USD	Annual
Gain on disposition of joint venture	`GainLossOnDispositionOfJointVenture`	-	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-66.00M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-41.00M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$54.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-81.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-246.00M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-55.00M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$35.00M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-149.00M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-20.00M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.00M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-31.00M	USD	Annual
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-53.00M	USD	Annual
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$9.00M	USD	Annual
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$73.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.23B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.27B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.72B	USD	Annual
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$611.00M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$331.00M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$144.00M	USD	Annual
Proceeds from disposition of joint venture	`ProceedsFromSaleOfEquityMethodInvestments`	$755.00M	USD	Annual
Proceeds from disposition of joint venture	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	Annual
Proceeds from disposition of joint venture	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$403.00M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$408.00M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$404.00M	USD	Annual
(Increase) decrease in investments and other assets, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
(Increase) decrease in investments and other assets, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.00M	USD	Annual
(Increase) decrease in investments and other assets, net	`PaymentsForProceedsFromOtherInvestingActivities`	$42.00M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$21.00M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-543.00M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.06B	USD	Annual
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	-	USD	Annual
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	$2.59B	USD	Annual
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	-	USD	Annual
Repayments of debt	`RepaymentsOfDebt`	$1.84B	USD	Annual
Repayments of debt	`RepaymentsOfDebt`	$2.00M	USD	Annual
Repayments of debt	`RepaymentsOfDebt`	$2.00M	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$275.00M	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$2.20B	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.41B	USD	Annual
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$123.00M	USD	Annual
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$129.00M	USD	Annual
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$72.00M	USD	Annual
Employee payroll tax withholdings on stock issued under stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.00M	USD	Annual
Employee payroll tax withholdings on stock issued under stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.00M	USD	Annual
Employee payroll tax withholdings on stock issued under stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.00M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$309.00M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$314.00M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$305.00M	USD	Annual
Distributions to noncontrolling interest partners	`PaymentsOfDividendsMinorityInterest`	$99.00M	USD	Annual
Distributions to noncontrolling interest partners	`PaymentsOfDividendsMinorityInterest`	$57.00M	USD	Annual
Distributions to noncontrolling interest partners	`PaymentsOfDividendsMinorityInterest`	$73.00M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-38.00M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$14.00M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-39.00M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.73B	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.54B	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$160.00M	USD	Annual
Net change in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-286.00M	USD	Annual
Net change in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$371.00M	USD	Annual
Net change in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-557.00M	USD	Annual
Cash and cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$315.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.16B	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$686.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$872.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$315.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.16B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$686.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$872.00M	USD	Point-in-time

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.93B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.34B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.81B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.48B	USD	Point-in-time
Net income	`NetIncomeLossExcludingRedeemableNoncontrollingInterest`	$903.00M	USD	Annual
Net income	`NetIncomeLossExcludingRedeemableNoncontrollingInterest`	$2.07B	USD	Annual
Net income	`NetIncomeLossExcludingRedeemableNoncontrollingInterest`	$1.01B	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.00M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.00M	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$319.00M	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$305.00M	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$307.00M	USD	Annual
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$64.00M	USD	Annual
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$83.00M	USD	Annual
Distributions to noncontrolling interest partners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$51.00M	USD	Annual
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$27.00M	USD	Annual
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$26.00M	USD	Annual
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$28.00M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$79.00M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$77.00M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$77.00M	USD	Annual
Exercise of stock options, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$123.00M	USD	Annual
Exercise of stock options, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$72.00M	USD	Annual
Exercise of stock options, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$129.00M	USD	Annual
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.00M	USD	Annual
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.00M	USD	Annual
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.00M	USD	Annual
Purchases of treasury stock, value	`TreasuryStockValueAcquiredCostMethod`	$276.00M	USD	Annual
Purchases of treasury stock, value	`TreasuryStockValueAcquiredCostMethod`	$2.22B	USD	Annual
Purchases of treasury stock, value	`TreasuryStockValueAcquiredCostMethod`	$1.39B	USD	Annual
Retirement of treasury stock	`TreasuryStockRetiredCostMethodAmount`	-	USD	Annual
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.93B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.34B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.81B	USD	Point-in-time
Balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.48B	USD	Point-in-time
Balance, value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$82.00M	USD	Point-in-time
Balance, value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$79.00M	USD	Point-in-time
Net income	`TemporaryEquityNetIncome`	$13.00M	USD	Annual
Net income	`TemporaryEquityNetIncome`	$5.00M	USD	Annual
Net income	`TemporaryEquityNetIncome`	$7.00M	USD	Annual
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$9.00M	USD	Annual
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$6.00M	USD	Annual
Distributions to noncontrolling interest partners	`TemporaryequityNoncontrollinginterestDecreasefromDistributionstoNoncontrollingInterestHolders`	$16.00M	USD	Annual
Balance, value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$82.00M	USD	Point-in-time
Balance, value	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$79.00M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.01B	USD	Annual
Net income	`ProfitLoss`	$2.08B	USD	Annual
Net income	`ProfitLoss`	$908.00M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.00M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.00M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.00M	USD	Annual
Net change in available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	Annual
Net change in available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-7.00M	USD	Annual
Net change in available-for-sale debt securities, net of taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	Annual
Net deferred gains on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.00M	USD	Annual
Net deferred gains on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.00M	USD	Annual
Net deferred gains on cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$7.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$7.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$915.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.01B	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	Annual
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$54.00M	USD	Annual
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$85.00M	USD	Annual
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$69.00M	USD	Annual
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$2.00B	USD	Annual
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$861.00M	USD	Annual
Comprehensive income attributable to Quest Diagnostics	`ComprehensiveIncomeNetOfTax`	$939.00M	USD	Annual

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