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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 406 $ 133
Accounts receivable, net of allowance for doubtful accounts of $284 and $254 at September 30, 2016 and December 31, 2015, respectively 966 901
Inventories 82 84
Prepaid expenses and other current assets 179 207
Assets held for sale 9 176
Total current assets 1,642 1,501
Property, plant and equipment, net 952 925
Goodwill 6,000 5,905
Intangible assets, net 972 984
Investment in equity method investees 452 473
Other assets 155 174
Total assets 10,173 9,962
Liabilities and Stockholders' Equity    
Accounts payable and accrued expenses 1,039 1,014
Current portion of long-term debt 7 159
Total current liabilities 1,046 1,173
Long-term debt 3,815 3,492
Other liabilities 542 514
Commitments and contingencies
Redeemable noncontrolling interest 76 70
Quest Diagnostics stockholders’ equity:    
Common stock, par value $0.01 per share; 600 shares authorized at both September 30, 2016 and December 31, 2015; 216 shares issued at both September 30, 2016 and December 31, 2015 2 2
Additional paid-in capital 2,526 2,481
Retained earnings 6,520 6,199
Accumulated other comprehensive loss (61) (38)
Treasury stock, at cost; 77 shares and 73 shares at September 30, 2016 and December 31, 2015, respectively (4,324) (3,960)
Total Quest Diagnostics stockholders' equity 4,663 4,684
Noncontrolling interests 31 29
Total stockholders' equity 4,694 4,713
Total liabilities and stockholders' equity $ 10,173 $ 9,962