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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net revenues $ 2,338 $ 2,453 $ 4,669 $ 5,064
Operating costs and expenses and other operating income:        
Cost of services 1,546 1,611 3,106 3,257
Selling, general and administrative 416 422 855 847
Amortization of intangible assets 28 27 54 54
Other operating expense, net 0 5 1 5
Total operating costs and expenses, net 1,990 2,065 4,016 4,163
Operating income 348 388 653 901
Other income (expense):        
Interest expense, net (37) (36) (72) (73)
Other income (expense), net 6 (29) 13 (53)
Total non-operating expense, net (31) (65) (59) (126)
Income before income taxes and equity in earnings of equity method investees 317 323 594 775
Income tax expense (75) (77) (140) (187)
Equity in earnings of equity method investees, net of taxes 7 4 12 35
Net income 249 250 466 623
Less: Net income attributable to noncontrolling interests 14 16 29 34
Net income attributable to Quest Diagnostics $ 235 $ 234 $ 437 $ 589
Earnings per share attributable to Quest Diagnostics’ common stockholders:        
Basic (in dollars per share) $ 2.08 $ 2.00 $ 3.88 $ 4.97
Diluted (in dollars per share) $ 2.05 $ 1.96 $ 3.83 $ 4.88
Weighted average common shares outstanding:        
Basic (in Shares) 112 117 112 118
Diluted (in Shares) 114 119 114 120