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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 283 $ 133
Accounts receivable, net of allowance for doubtful accounts of $289 and $254 at June 30, 2016 and December 31, 2015, respectively 975 901
Inventories 80 84
Prepaid expenses and other current assets 163 207
Assets held for sale 9 176
Total current assets 1,510 1,501
Property, plant and equipment, net 937 925
Goodwill 5,996 5,905
Intangible assets, net 990 984
Investment in equity method investees 453 473
Other assets 223 174
Total assets 10,109 9,962
Liabilities and Stockholders' Equity    
Accounts payable and accrued expenses 1,104 1,014
Current portion of long-term debt 7 159
Total current liabilities 1,111 1,173
Long-term debt 3,835 3,492
Other liabilities 520 514
Redeemable noncontrolling interest 74 70
Quest Diagnostics stockholders’ equity:    
Common stock, par value $0.01 per share; 600 shares authorized at both June 30, 2016 and December 31, 2015; 216 shares issued at both June 30, 2016 and December 31, 2015 2 2
Additional paid-in capital 2,472 2,481
Retained earnings 6,384 6,199
Accumulated other comprehensive loss (56) (38)
Treasury stock, at cost; 77 shares and 73 shares at June 30, 2016 and December 31, 2015, respectively (4,265) (3,960)
Total Quest Diagnostics stockholders' equity 4,537 4,684
Noncontrolling interests 32 29
Total stockholders' equity 4,569 4,713
Total liabilities and stockholders' equity $ 10,109 $ 9,962