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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Income Statement [Abstract]        
Net sales $ 1,423.4 $ 1,403.3 $ 2,846.7 $ 2,771.7
Cost of sales 843.9 815.1 1,691.1 1,615.1
Gross profit 579.5 588.2 1,155.6 1,156.6
Selling, general and administrative expenses 279.5 322.7 550.7 605.5
Amortization of intangibles and other assets 20.6 21.5 42.0 43.4
Restructuring and other special charges 3.4 18.3 (0.2) 46.2
Operating income 276.0 225.7 563.1 461.5
Other income (expenses):        
Interest expense (21.3) (21.0) (42.8) (45.0)
Equity method income, net 8.0 2.6 12.3 4.1
Investment income 0.2 0.2 0.4 0.5
Other, net (6.7) (0.2) (7.2) (0.1)
Earnings before income taxes 256.2 207.3 525.8 421.0
Provision for income taxes 102.4 80.6 210.0 163.7
Net earnings 153.8 126.7 315.8 257.3
Less: Net earnings attributable to the noncontrolling interest (0.5) (3.8) (0.9) (7.3)
Net earnings attributable to Laboratory Corporation of America Holdings $ 153.3 $ 122.9 $ 314.9 $ 250.0
Basic earnings per common share (in dollars per share) $ 1.59 $ 1.22 $ 3.25 $ 2.49
Diluted earnings per common share (in dollars per share) $ 1.56 $ 1.20 $ 3.19 $ 2.44