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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net revenues $ 2,786 $ 1,956 $ 6,435 $ 5,800
Operating costs and expenses and other operating income:        
Cost of services 1,580 1,264 4,071 3,773
Selling, general and administrative 396 362 1,103 1,108
Amortization of intangible assets 27 23 77 72
Other operating expense (income), net 65 (6) 8 (21)
Total operating costs and expenses, net 2,068 1,643 5,259 4,932
Operating income 718 313 1,176 868
Other income (expense):        
Interest expense, net (42) (44) (124) (133)
Other income, net 77 1 74 13
Total non-operating income (expense), net 35 (43) (50) (120)
Income from continuing operations before income taxes and equity in earnings of equity method investees 753 270 1,126 748
Income tax expense (177) (62) (269) (175)
Equity in earnings of equity method investees, net of taxes 15 18 33 48
Income (loss) from continuing operations 591 226 890 621
Income from discontinued operations, net of taxes 0 0 0 20
Net income 591 226 890 641
Less: Net income attributable to noncontrolling interests 23 11 38 36
Net income attributable to Quest Diagnostics 568 215 852 605
Amounts attributable to Quest Diagnostics’ common stockholders:        
Income from continuing operations 568 215 852 585
Income from discontinued operations, net of taxes 0 0 0 20
Net income attributable to Quest Diagnostics $ 568 $ 215 $ 852 $ 605
Earnings per share attributable to Quest Diagnostics’ common stockholders - basic:        
Income from continuing operations (in dollars per share) $ 4.20 $ 1.59 $ 6.33 $ 4.33
Income from discontinued operations (in dollars per share) 0 0 0 0.15
Net income (in dollars per share) 4.20 1.59 6.33 4.48
Earnings per share attributable to Quest Diagnostics’ common stockholders - diluted:        
Income from continuing operations (in dollars per share) 4.14 1.56 6.25 4.27
Income from discontinued operations (in dollars per share) 0 0 0 0.15
Net income (in dollars per share) $ 4.14 $ 1.56 $ 6.25 $ 4.42
Weighted average common shares outstanding:        
Basic (in Shares) 135 135 134 135
Diluted (in Shares) 137 137 136 136