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EARNINGS PER SHARE (Reconciliation of Basic Earnings Per Share to Diluted Earnings Per Share) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Income [Abstract]            
Net earnings attributable to Laboratory Corporation of America Holdings $ 231.6 $ (317.2) $ 190.4 $ 185.6 $ (85.6) $ 376.0
Shares [Abstract]            
Net earnings, basic (in shares) 97.3   98.1   97.2 98.4
Dilutive effect of employee stock options and awards, (in shares) 0.4   0.7   0.0 0.7
Per Share Amount [Abstract]            
Basic earnings per common share (in dollars per share) $ 2.38   $ 1.94   $ (0.88) $ 3.82
Diluted earnings per common share (in dollars per share) $ 2.37   $ 1.93   $ (0.88) $ 3.79
Net Income (Loss) Available to Common Stockholders, Diluted $ 231.6   $ 190.4   $ (85.6) $ 376.0
Weighted Average Number of Shares Outstanding, Diluted 97.7   98.8   97.2 99.1