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BUSINESS SEGMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2015
Segment Reporting [Abstract] |
Summary of Segment Reporting Information by Segment | The following table is a summary of segment information for the three and nine months ended September 30, 2015 and 2014. Segment asset information is not presented since it is not used by the chief operating decision maker at the operating segment level. Operating earnings (loss) of each segment represents net revenues less directly identifiable expenses to arrive at operating income (loss) for the segment. General corporate activities included in the table below are comprised of general management and administrative corporate expenses, amortization or impairment of intangibles assets, other operating income and expenses net of certain general corporate activity costs that are allocated to the DIS and DS businesses, and the third quarter of 2015 pre-tax gain on contribution of business to joint venture (see Note 6). The accounting policies of the segments are the same as those of the Company as set forth in Note 2 to the consolidated financial statements contained in the Company’s 2014 Annual Report on Form 10-K and Note 2 to the interim unaudited consolidated financial statements.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
Net revenues: |  |  |  |  |  |  |  |  |  |  |
DIS business | $ | 1,764 |  |  | $ | 1,765 |  |  | $ | 5,227 |  |  | $ | 5,141 |
All other operating segments | 116 |  |  | 139 |  |  | 417 |  |  | 411 |
Total net revenues | $ | 1,880 |  |  | $ | 1,904 |  |  | $ | 5,644 |  |  | $ | 5,552 |
Operating earnings (loss): |  |  |  |  |  |  |  |  |  |  |
DIS business | $ | 294 |  |  | $ | 281 |  |  | $ | 838 |  |  | $ | 805 |
All other operating segments | 30 |  |  | 23 |  |  | 86 |  |  | 63 |
General corporate activities | 307 |  |  | (48 | ) |  | 236 |  |  | (142 | )
Total operating income | 631 |  |  | 256 |  |  | 1,160 |  |  | 726 |
Non-operating expenses, net | (39 | ) |  | (42 | ) |  | (263 | ) |  | (119 | )
Income before income taxes and equity in earnings of equity method investees | 592 |  |  | 214 |  |  | 897 |  |  | 607 |
Income tax expense | (239 | ) |  | (82 | ) |  | (359 | ) |  | (234 | )
Equity in earnings of equity method investees, net of taxes | 1 |  |  | 7 |  |  | 15 |  |  | 19 |
Net income | 354 |  |  | 139 |  |  | 553 |  |  | 392 |
Less: Net income attributable to noncontrolling interests | 12 |  |  | 10 |  |  | 32 |  |  | 26 |
Net income attributable to Quest Diagnostics | $ | 342 |  |  | $ | 129 |  |  | $ | 521 |  |  | $ | 366 |

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- Definition This element may be used to capture the complete disclosure about the profit or loss for each reportable segment, as a single block of text. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References No definition available. + Details
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- References No definition available. + Details
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