CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Millions, unless otherwise specified	12 Months Ended
Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings	$ 512.6us-gaap_ProfitLoss	$ 575.4us-gaap_ProfitLoss	$ 584.8us-gaap_ProfitLoss
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	245.5	230.1	229.8
Stock compensation	45.7us-gaap_ShareBasedCompensation	37.3us-gaap_ShareBasedCompensation	40.7us-gaap_ShareBasedCompensation
(Gain)/loss on sale of assets	(12.5)	(3.9)	5.5
Accrued interest on zero-coupon subordinated notes	2.0	2.3	2.7
Cumulative earnings less than (in excess of) distributions from equity method investments	(5.8)	(4.2)	(0.4)
Deferred income taxes	27.7us-gaap_DeferredIncomeTaxExpenseBenefit	56.2us-gaap_DeferredIncomeTaxExpenseBenefit	53.3us-gaap_DeferredIncomeTaxExpenseBenefit
Change in assets and liabilities (net of effects of acquisitions):
(Increase) decrease in accounts receivable (net)	(31.1)	(67.5)	0.6
Increase in inventories	(0.3)us-gaap_IncreaseDecreaseInInventories	(15.3)us-gaap_IncreaseDecreaseInInventories	(6.3)us-gaap_IncreaseDecreaseInInventories
(Increase) decrease in prepaid expenses and other	(12.9)	(32.3)	7.1
Increase (decrease) in accounts payable	(21.2)	60.8	(30.0)
Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities	(10.7)	(20.2)	(46.4)
Net cash provided by operating activities	739.0	818.7	841.4
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(203.5)	(202.2)	(173.8)
Proceeds from sale of assets	1.4	1.1	3.2
Proceeds from Sale of Equity Method Investments	31.6	7.5	0
Acquisition of licensing technology	0	0	(2.5)
Investments in equity affiliates	(20.2)	(6.5)	(26.0)
Acquisition of businesses, net of cash acquired	(159.4)	(159.5)	(335.1)
Net cash used for investing activities	(350.1)	(359.6)	(534.2)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from senior notes offerings	0	700.0	1,000.0
Proceeds from revolving credit facilities	0	412.0	305.0
Payments on revolving credit facilities	0	(412.0)	(865.0)
Payments on zero-coupon subordinated notes	(18.9)	(21.5)	(8.2)
Payments on long-term debt	0us-gaap_RepaymentsOfOtherLongTermDebt	(350.0)us-gaap_RepaymentsOfOtherLongTermDebt	0us-gaap_RepaymentsOfOtherLongTermDebt
Payment of debt issuance costs	(24.1)us-gaap_PaymentsOfDebtIssuanceCosts	(9.3)us-gaap_PaymentsOfDebtIssuanceCosts	(8.9)us-gaap_PaymentsOfDebtIssuanceCosts
Repayments of Long-term Capital Lease Obligations	(1.4)	(0.4)	0
Noncontrolling interest distributions	(1.2)	(0.9)	(1.2)
Excess tax benefits from stock based compensation	5.9	11.0	8.2
Net proceeds from issuance of stock to employees	114.8	174.0	85.8
Purchase of common stock	(269.0)	(1,015.6)	(516.5)
Net cash used for financing activities	(200.6)	(518.3)	(0.8)
Deferred payments on acquisitions	6.7lh_DeferredPaymentsOnAcquisitions	5.6lh_DeferredPaymentsOnAcquisitions	0lh_DeferredPaymentsOnAcquisitions
Effect of exchange rate changes on cash and cash equivalents	(12.3)	(3.6)	1.1
Net increase (decrease) in cash and cash equivalents	176.0	(62.8)	307.5
Cash and cash equivalents at beginning of period	404.0	466.8
Cash and cash equivalents at end of period	$ 580.0	$ 404.0	$ 466.8

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Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property.

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Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.

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The cash inflow associated with the sale of equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale.

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The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.

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