XML 17 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 359 $ 133
Accounts receivable, net of allowance for doubtful accounts of $265 and $254 as of December 31, 2016 and 2015, respectively 926 901
Inventories 82 84
Prepaid expenses and other current assets 155 207
Assets held for sale 9 176
Total current assets 1,531 1,501
Property, plant and equipment, net 1,029 925
Goodwill 6,000 5,905
Intangible assets, net 949 984
Investments in equity method investees 443 473
Other assets 148 174
Total assets 10,100 9,962
Liabilities and Stockholders' Equity    
Accounts payable and accrued expenses 975 1,014
Current portion of long-term debt 6 159
Total current liabilities 981 1,173
Long-term debt 3,728 3,492
Other liabilities 654 514
Commitments and contingencies
Quest Diagnostics stockholders’ equity:    
Common stock, par value $0.01 per share; 600 shares authorized as of both December 31, 2016 and 2015; 216 shares issued as of both December 31, 2016 and 2015 2 2
Additional paid-in capital 2,545 2,481
Retained earnings 6,613 6,199
Accumulated other comprehensive (loss) income (72) (38)
Treasury stock, at cost; 79 shares and 73 shares as of December 31, 2016 and 2015, respectively (4,460) (3,960)
Total Quest Diagnostics stockholders' equity 4,628 4,684
Noncontrolling interests 32 29
Total stockholders' equity 4,660 4,713
Total liabilities and stockholders' equity $ 10,100 $ 9,962