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BUSINESS SEGMENT INFORMATION Business Segment information (Notes)
 6 Months Ended
Jun. 30, 2017
Segment Reporting Information [Line Items]  
Segment Reporting Disclosure [Text Block]
BUSINESS SEGMENT INFORMATION
The following table is a summary of segment information for the three and six months ended June 30, 2017 and 2016. The management approach has been used to present the following segment information. This approach is based upon the way the management of the Company organizes its business unit operations for making operating decisions and assessing performance. Financial information is reported on the basis that it is used internally by the chief operating decision maker (CODM) for evaluating segment performance and deciding how to allocate resources to segments. The Company’s chief executive officer has been identified as the CODM.
Segment asset information is not presented because it is not used by the CODM at the segment level. Operating earnings of each segment represents net revenues less directly identifiable expenses to arrive at operating income for the segment. General management and administrative corporate expenses are included in general corporate expenses below. The table below represents information about the Company’s reporting segments for the three and six months ended June 30, 2017 and 2016:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2017
 
2016
 
2017
 
2016
Net revenues:
LCD
$
1,799.1

 
$
1,659.7

 
$
3,517.0

 
$
3,250.3

CDD
699.7

 
722.4

 
1,390.0

 
1,427.1

Intercompany eliminations
(0.4
)
 
(0.1
)
 
(0.5
)
 
(0.2
)
Net revenues
2,498.4

 
2,382.0

 
4,906.5

 
4,677.2

 
 
 
 
 
 
 
 
Operating earnings:
LCD
334.5

—

329.6

 
644.0

 
604.3

CDD
35.8

 
74.7

 
91.9

 
138.4

Unallocated corporate expenses
(34.3
)
 
(38.8
)
 
(67.2
)
 
(77.7
)
Total operating income
336.0

 
365.5

 
668.7

 
665.0

Other income (expense), net
(50.9
)
 
(53.6
)
 
(103.9
)
 
(99.5
)
Earnings before income taxes
285.1

 
311.9

 
564.8

 
565.5

Provision for income taxes
96.2

 
107.5

 
183.4

 
196.7

Net earnings
188.9

 
204.4

 
381.4

 
368.8

Less income attributable to noncontrolling interests
(0.3
)
 
(0.3
)
 
(0.6
)
 
(0.6
)
Net income attributable to Laboratory Corporation of America Holdings
$
188.6

 
$
204.1

 
$
380.8

 
$
368.2