XML 67 R47.htm IDEA: XBRL DOCUMENT v3.10.0.1
BUSINESS SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table is a summary of segment information for the years ended December 31, 2018, 2017 and 2016. Segment asset information is not presented since it is not used by the CODM 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 and 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 gain on disposition of businesses associated with the dispositions of Focus Diagnostics (see Note 7). The accounting policies of the segments are the same as those of the Company as set forth in Note 2.
 
2018
 
2017
 
2016
Net revenues:
 

 
 

 
 
DIS business
$
7,204

 
$
7,068

 
$
6,837

All other operating segments
327

 
334

 
377

Total net revenues
$
7,531

 
$
7,402

 
$
7,214

 
 
 
 
 
 
Operating earnings (loss):
 

 
 

 
 
DIS business
$
1,235

 
$
1,313

 
$
1,244

All other operating segments
47

 
52

 
64

General corporate activities
(181
)
 
(200
)
 
(31
)
Total operating income
1,101

 
1,165

 
1,277

Non-operating expenses, net
(175
)
 
(135
)
 
(191
)
Income before income taxes and equity in earnings of equity method investees
926

 
1,030

 
1,086

Income tax expense
(182
)
 
(241
)
 
(429
)
Equity in earnings of equity method investees, net of taxes
44

 
35

 
39

Net income
788

 
824

 
696

Less: Net income attributable to noncontrolling interests
52

 
52

 
51

Net income attributable to Quest Diagnostics
$
736

 
$
772

 
$
645



Depreciation and amortization expense for the years ended December 31, 2018, 2017 and 2016 were as follows:
    
 
2018
 
2017
 
2016
 
 
 
 
 
 
DIS business
$
213

 
$
189

 
$
170

All other operating segments
6

 
6

 
6

General corporate
90

 
75

 
73

Total depreciation and amortization
$
309

 
$
270

 
$
249



Capital expenditures for the years ended December 31, 2018, 2017 and 2016 were as follows:

 
2018
 
2017
 
2016
 
 
 
 
 
 
DIS business
$
330

 
$
219

 
$
264

All other operating segments
16

 
15

 
21

General corporate
37

 
18

 
8

Total capital expenditures
$
383

 
$
252

 
$
293


Net revenues by major service for the years ended December 31, 2018, 2017 and 2016 were as follows:

 
2018
 
2017
 
2016
 
 
 
 
 
 
Routine clinical testing services
$
4,217

 
$
4,006

 
$
3,878

Gene-based and esoteric (including advanced diagnostics) testing services
2,409

 
2,449

 
2,335

Anatomic pathology testing services
578

 
612

 
624

All other
327

 
335

 
377

Total net revenues
$
7,531

 
$
7,402

 
$
7,214