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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net restructuring and other special charges $ 18.0 $ 7.5 $ 34.6 $ 30.8
Operating Income (Loss) 254.1 252.3 870.2 848.4
Interest Expense 50.4 50.3 144.9 150.8
Equity method income, net (0.5) (0.3) (0.7) (1.5)
Investment income 3.1 15.9 7.3 22.6
Other, net 4.3 21.1 43.8 (2.7)
Earnings before income taxes 210.6 238.7 775.7 716.0
Provision for income taxes 41.0 55.1 172.2 168.8
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 169.6 183.6 603.5 547.2
Net earnings 169.6 183.6 603.5 586.0
Net Income (Loss) Attributable to Noncontrolling Interest 0.3 0.3 0.9 0.9
Net earnings attributable to Labcorp Holdings Inc. $ 169.3 $ 183.3 $ 602.6 $ 585.1
Income (Loss) from Continuing Operations, Per Basic Share $ 2.02 $ 2.12 $ 7.17 $ 6.22
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share 0 0 0 0.44
Basic earnings per common share (in dollars per share) 2.02 2.12 7.17 6.66
Diluted earnings per common share (in dollars per share) $ 2.00 $ 2.11 $ 7.13 $ 6.63
Revenues $ 3,282.0 $ 3,056.8 $ 9,679.5 $ 9,128.3
Cost of Revenue 2,377.6 2,205.6 6,951.4 6,584.8
Gross Profit 904.4 851.2 2,728.1 2,543.5
Selling, general and administrative expenses 568.6 525.5 1,634.8 1,488.5
Amortization of intangibles and other assets 63.7 55.7 186.0 160.6
Asset Impairment Charges 0.0 10.2 2.5 15.2
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $ 0.0 $ 0.0 $ 0.0 $ 38.8
Income (Loss) from Continuing Operations, Per Diluted Share $ 2.00 $ 2.11 $ 7.13 $ 6.19
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share $ 0 $ 0 $ 0 $ 0.44
Revenues $ 3,282.0 $ 3,056.8 $ 9,679.5 $ 9,128.3
Cost of Revenue 2,377.6 2,205.6 6,951.4 6,584.8
Gross Profit 904.4 851.2 2,728.1 2,543.5
Selling, general and administrative expenses 568.6 525.5 1,634.8 1,488.5
Amortization of intangibles and other assets 63.7 55.7 186.0 160.6
Asset Impairment Charges 0.0 10.2 2.5 15.2
Net restructuring and other special charges 18.0 7.5 34.6 30.8
Operating Income (Loss) 254.1 252.3 870.2 848.4
Earnings before income taxes 210.6 238.7 775.7 716.0
Provision for income taxes 41.0 55.1 172.2 168.8
Net earnings 169.6 183.6 603.5 586.0
Less: Net earnings attributable to the noncontrolling interest (0.3) (0.3) (0.9) (0.9)
Net earnings attributable to Labcorp Holdings Inc. $ 169.3 $ 183.3 $ 602.6 $ 585.1
Basic earnings per common share (in dollars per share) $ 2.02 $ 2.12 $ 7.17 $ 6.66
Diluted earnings per common share (in dollars per share) $ 2.00 $ 2.11 $ 7.13 $ 6.63