Quest Diagnostics Inc DGX Income Statement

Quest diagnostics inc (DGX)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenue from Contract with Customer, Excluding Assessed Tax
1,822	1,926	1,956	1,953	1,891	1,839	1,889	1,919	1,884	1,865	1,856	1,864	1,817	1,560	1,885	1,906	1,863	1,849	1,880	1,925	1,839	1,883	1,904	1,902	1,746	1,756	1,788	1,815	1,787	1,774	1,821	1,878	1,908	1,760	1,906	1,903	1,821	1,715	1,864	1,874	1,805	1,848	1,897	1,901	1,808	1,826	1,837
Operating costs and expenses and other operating income:
Cost of services
1,270	1,264	1,264	1,265	1,244	1,235	1,222	1,243	1,226	1,194	1,190	1,170	1,165	1,160	1,157	1,155	1,144	1,150	1,162	1,182	1,163	1,184	1,178	1,174	1,101	1,051	1,089	1,094	1,092	1,072	1,081	1,101	1,109	1,045	1,116	1,104	1,096	1,038	1,091	1,078	1,066	1,070	1,097	1,100	1,053	1,073	1,083
Selling, general and administrative
347	349	362	362	384	356	354	351	363	382	348	358	355	99	409	430	442	429	402	429	419	427	446	440	415	415	423	418	448	420	416	424	483	385	446	462	447	382	426	419	430	432	441	448	424	428	438
Amortization of Intangible Assets
25	27	23	25	24	24	22	22	22	20	19	18	17	18	18	17	19	20	20	20	21	23	24	25	22	20	20	20	19	18	18	18	18	13	19	18	9	4	9	9	9	9	9	9	9	8	9
Loss (gain) on disposition of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	118	-	-	334	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of royalty rights
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	474	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expense (income), net
-5	74	6	6	9	-4	13	2	-1	0	-1	1	-1	-7	21	0	-1	-11	1	7	-8	8	0	-1	0	-72	41	-6	1	-3	0	0	-0	-0	1	0	235	7	-0	1	0	5	0	-15	0	-0	-1
Total operating costs and expenses, net
1,647	1,563	1,643	1,646	1,643	1,619	1,585	1,614	1,612	1,596	1,558	1,545	1,538	1,284	1,563	1,484	1,606	1,610	1,249	1,624	1,611	1,626	1,648	1,640	1,538	1,486	1,099	1,526	1,560	1,508	1,517	1,545	1,610	1,443	1,584	1,586	1,790	1,432	1,527	1,508	1,506	1,517	1,548	1,542	1,486	1,509	1,529
Operating Income (Loss)
175	363	313	307	248	220	304	305	272	269	298	319	279	276	322	422	257	239	631	301	228	257	256	262	208	270	689	289	227	265	304	333	297	317	322	316	30	282	336	365	298	330	348	359	321	316	308
Other income (expense):
Interest Income (Expense), Net
-41	-42	-44	-45	-44	-43	-41	-42	-41	-39	-38	-38	-36	-36	-37	-34	-36	-36	-35	-37	-45	-42	-41	-42	-39	-279	40	40	40	40	40	41	42	42	43	46	37	34	36	36	35	34	33	36	39	43	45
Other (expense) income, net
-16	7	1	3	9	-10	3	1	-2	4	-2	11	3	2	4	-5	-49	3	-4	-64	-78	1	-1	3	1	1	3	0	4	-0	2	-1	4	3	-2	-0	2	3	3	-7	6	-10	2	-9	-2	-12	0
Nonoperating Income (Expense)
-57	-35	-43	-42	-35	-53	-38	-41	-43	-35	-40	-27	-33	-34	-33	-39	-85	-33	-39	-101	-123	-53	-42	-33	-32	-56	-32	-33	-30	-33	-33	-35	-29	-32	-38	-39	-28	-24	-25	-36	-21	-38	-22	-37	-33	-48	-37
Income before income taxes and equity in earnings of equity method investees
118	328	270	265	213	167	266	264	229	234	258	292	246	242	289	383	172	206	592	200	105	204	214	229	176	214	657	256	197	231	270	297	268	284	283	277	2	257	311	329	276	292	326	321	287	268	270
Income tax expense
26	72	62	63	50	40	48	42	52	-23	92	94	78	84	95	183	67	14	239	78	42	28	82	87	65	87	245	95	73	81	103	113	102	98	101	105	49	96	102	125	105	101	125	123	110	100	100
Equity in earnings of equity method investees, net of taxes
14	9	18	17	13	12	9	11	12	10	9	9	7	9	11	9	10	8	1	7	7	7	7	6	6	6	5	7	6	6	4	7	7	6	7	7	7	7	7	7	7	7	8	8	8	7	7
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	265	226	219	-	-	227	233	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	151	412	161	124	149	166	183	165	186	182	172	-46	161	208	204	171	190	201	198	177	168	170
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	0	0	20	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2	13	20	-84	4	2	2	13	-0	-0	-0	12	-0	-0	-0	-0	0	0	-1	-48	-0
Net income
106	265	226	239	176	139	227	233	189	267	175	207	175	167	205	209	115	200	354	129	70	200	139	142	111	151	414	174	144	65	171	186	168	199	181	171	-46	174	207	203	171	190	201	198	175	119	169
Less: Net income attributable to noncontrolling interests
7	12	11	13	12	12	14	14	12	13	14	14	11	12	13	14	12	12	12	11	9	10	10	9	7	8	9	9	8	9	8	8	9	9	10	8	7	8	9	9	8	8	9	10	8	8	7
Net income attributable to Quest Diagnostics
99	253	215	226	164	127	213	219	177	254	161	193	164	155	192	195	103	188	342	118	61	190	129	133	104	143	405	165	136	56	163	177	159	189	171	163	-53	165	198	194	162	181	192	188	167	110	161
Amounts attributable to Quest Diagnostics’ common stockholders:
Income from continuing operations
-	-	215	206	-	-	213	219	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	143	403	152	116	140	158	175	156	176	172	163	-53	152	198	194	162	181	191	188	168	159	162
Income from discontinued operations, net of taxes
-	-	0	20	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2	13	20	-84	4	2	2	13	-0	-0	-0	12	-0	-0	-0	-0	0	0	-1	-48	-0
Net income attributable to Quest Diagnostics
99	253	215	226	164	127	213	219	177	254	161	193	164	155	192	195	103	188	342	118	61	190	129	133	104	143	405	165	136	56	163	177	159	189	171	163	-53	165	198	194	162	181	192	188	167	110	161
Earnings Per Share, Basic and Diluted [Abstract]
Earnings per share attributable to Quest Diagnostics’ common stockholders - basic:
Income from continuing operations (in dollars per share)
-	1.88	1.59	1.52	-	-	1.56	1.60	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.95	2.68	0.99	0.73	0.89	0.99	1.10	0.98	1.10	1.08	1.03	-0.33	0.89	1.14	1.08	0.90	0.99	1.03	1.01	0.89	0.82	0.83
Income from discontinued operations (in dollars per share)
-	0.00	0.00	0.15	-	-	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.02	0.08	0.13	-0.54	0.03	0.02	0.02	0.07	0.00	0.00	0.00	0.07	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	-0.25	0.00
Earnings Per Share, Basic
0.74	1.88	1.59	1.67	1.22	0.93	1.56	1.60	1.30	1.86	1.18	1.40	1.19	1.11	1.37	1.38	0.72	1.31	2.37	0.82	0.42	1.30	0.89	0.92	0.72	0.95	2.70	1.07	0.86	0.35	1.02	1.12	1.00	1.17	1.08	1.03	-0.33	0.96	1.14	1.08	0.90	0.99	1.03	1.01	0.88	0.57	0.83
Earnings per share attributable to Quest Diagnostics’ common stockholders - diluted:
Income from continuing operations (in dollars per share)
-	1.86	1.56	1.51	-	-	1.53	1.57	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.94	2.66	0.99	0.72	0.88	0.98	1.09	0.97	1.08	1.08	1.02	-0.33	0.89	1.13	1.07	0.89	0.97	1.02	1.00	0.89	0.81	0.83
Income from discontinued operations (in dollars per share)
-	0.00	0.00	0.15	-	-	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.02	0.08	0.13	-0.53	0.03	0.02	0.02	0.08	-0.01	0.00	0.00	0.07	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	-0.25	-0.01
Earnings Per Share, Diluted
0.73	1.86	1.56	1.66	1.20	0.92	1.53	1.57	1.27	1.82	1.15	1.37	1.16	1.09	1.34	1.37	0.71	1.29	2.35	0.81	0.42	1.30	0.88	0.92	0.71	0.94	2.68	1.07	0.85	0.35	1.01	1.11	0.99	1.16	1.07	1.02	-0.33	0.96	1.13	1.07	0.89	0.97	1.02	1.00	0.88	0.56	0.82
Weighted average common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic
134	-	135	135	134	-	136	136	136	-	137	137	137	-	139	140	143	-	144	144	144	-	145	144	144	-	150	153	158	-	158	158	158	-	157	157	161	-	173	178	180	-	185	185	0	194	194
Weighted Average Number of Shares Outstanding, Diluted
135	-	137	136	136	-	139	139	139	-	140	140	141	-	142	142	144	-	145	145	146	-	145	145	145	-	151	154	159	-	160	159	159	-	159	159	161	-	174	180	182	-	187	187	0	197	196
Dividends per common share
-	-	-	-	-	-	-	-	-	-	0.45	0.45	0.45	-	0.40	0.40	0.40	0.38	0.38	0.38	0.38	0.33	0.33	0.33	0.33	0.30	0.30	0.30	0.30	0.30	0.17	0.17	0.17	0.17	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10