XML 25 R10.htm IDEA: XBRL DOCUMENT
v3.6.0.2

EARNINGS PER SHARE | 12 Months Ended
--- | ---
Dec. 31, 2016
Earnings Per Share, Basic and Diluted [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE The computation of basic and diluted earnings per common share is as follows (in millions, except per share data):
| 2016 |  | 2015 |  | 2014
Amounts attributable to Quest Diagnostics’ stockholders: |  |  |  |  |  |  |
Income from continuing operations | $ | 645 |  |  | $ | 709 |  |  | $ | 551 |
Income from discontinued operations, net of taxes | — |  |  | — |  |  | 5 |
Net income attributable to Quest Diagnostics’ common stockholders | $ | 645 |  |  | $ | 709 |  |  | $ | 556 |
Income from continuing operations | $ | 645 |  |  | $ | 709 |  |  | $ | 551 |
Less: Earnings allocated to participating securities | 3 |  |  | 3 |  |  | 2 |
Earnings available to Quest Diagnostics’ common stockholders – basic and diluted | $ | 642 |  |  | $ | 706 |  |  | $ | 549 |
Weighted average common shares outstanding – basic | 140 |  |  | 144 |  |  | 145 |
Effect of dilutive securities: |  |  |  |  |  |  |
Stock options and performance share units | 2 |  |  | 1 |  |  | — |
Weighted average common shares outstanding – diluted | 142 |  |  | 145 |  |  | 145 |
Earnings per share attributable to Quest Diagnostics’ common stockholders – basic: |  |  |  |  |  |  |
Income from continuing operations | $ | 4.58 |  |  | $ | 4.92 |  |  | $ | 3.80 |
Income from discontinued operations | — |  |  | — |  |  | 0.03 |
Net income | $ | 4.58 |  |  | $ | 4.92 |  |  | $ | 3.83 |
Earnings per share attributable to Quest Diagnostics’ common stockholders – diluted: |  |  |  |  |  |  |
Income from continuing operations | $ | 4.51 |  |  | $ | 4.87 |  |  | $ | 3.78 |
Income from discontinued operations | — |  |  | — |  |  | 0.03 |
Net income | $ | 4.51 |  |  | $ | 4.87 |  |  | $ | 3.81 |
The following securities were not included in the calculation of diluted earnings per share due to their antidilutive effect:
| 2016 |  | 2015 |  | 2014
Stock options and performance share units | 1 |  |  | 2 |  |  | 2 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareBasicAndDilutedAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration