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Annual Balance Sheet

  Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Reclassified) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Reclassified)
Cash & Equivalents 337.50 426.80 316.60 433.60 716.40
Cash and Short Term Investments 337.50 426.80 316.60 433.60 716.40
Accounts Receivable - Trade, Gross 1,562.90 1,483.60 1,537.20 1,564.30 1,434.90
Provision for Doubtful Accounts -19.00 -15.70 -6.20 -235.60 -217.00
Accounts Receivable - Trade, Net 2,025.30 1,862.30 1,847.50 1,518.70 1,374.50
Total Receivables, Net 2,025.30 1,862.30 1,847.50 1,518.70 1,374.50
Total Inventory 244.70 237.30 227.20 205.20 191.00
Prepaid Expenses 373.70 309.00 308.80 321.20 339.30
Deferred Income Tax - Current Asset 0.00 0.00 0.00 0.00 0.00
Discontinued Operations - Current Asset 0.00 0.00 33.70 0.00 0.00
Other Current Assets, Total 0.00 0.00 33.70 0.00 0.00
Total Current Assets 2,981.20 2,835.40 2,733.80 2,478.70 2,621.20
Buildings - Gross 1,193.50 1,044.40 1,018.60 994.80 953.20
Land/Improvements - Gross 90.90 77.40 78.10 78.40 96.40
Machinery/Equipment - Gross 2,140.00 1,957.80 1,816.80 1,686.30 1,506.10
Construction in Progress - Gross 311.10 304.80 183.20 193.00 180.40
Other Property/Plant/Equipment - Gross 917.50 173.20 169.30 158.20 135.20
Property/Plant/Equipment, Total - Gross 4,653.00 3,557.60 3,266.00 3,110.70 2,871.30
Accumulated Depreciation, Total -1,928.70 -1,772.90 -1,559.40 -1,392.10 -1,123.90
Property/Plant/Equipment, Total - Net 2,724.30 1,784.70 1,706.60 1,718.60 1,747.40
Goodwill, Net 7,865.00 7,360.30 7,400.90 6,424.40 6,202.10
Intangibles - Gross 5,885.60 5,515.90 5,566.20 4,604.10 4,347.70
Accumulated Intangible Amortization -1,851.10 -1,604.80 -1,400.10 -1,203.60 -1,024.20
Intangibles, Net 4,034.50 3,911.10 4,166.10 3,400.50 3,323.50
LT Investment - Affiliate Companies 84.90 60.50 58.40 57.60 58.20
Long Term Investments 84.90 60.50 58.40 57.60 58.20
Deferred Income Tax - Long Term Asset 8.80 1.70 1.90 2.10 2.30
Discontinued Operations - Long Term Asset 0.00 0.00 387.80 0.00 0.00
Other Long Term Assets 347.70 231.60 217.50 165.10 150.00
Other Long Term Assets, Total 356.50 233.30 607.20 167.20 152.30
Total Assets 18,046.40 16,185.30 16,673.00 14,247.00 14,104.70
Accounts Payable 632.30 634.60 573.90 508.40 497.40
Accrued Expenses 992.20 704.80 677.00 484.30 468.70
Notes Payable/Short Term Debt 0.00 8.20 8.80 42.40 94.50
Current Portion of Long Term Debt/Capital Leases 423.60 9.70 408.70 507.10 329.40
Customer Advances 451.00 356.40 380.80 176.00 146.10
Income Taxes Payable 156.70 124.80 70.60 61.20 83.80
Other Payables 0.00 0.00 0.00 0.00 0.00
Deferred Income Tax - Current Liability 0.00 0.00 0.00 0.00 0.00
Discontinued Operations – Current Liability 0.00 0.00 20.20 0.00 0.00
Other Current Liabilities 0.00 40.40 45.70 48.20 80.60
Other Current liabilities, Total 607.70 521.60 517.30 285.40 310.50
Total Current Liabilities 2,655.80 1,878.90 2,185.70 1,827.60 1,700.50
Long Term Debt 5,789.80 5,990.90 6,286.80 5,236.60 5,884.80
Capital Lease Obligations 91.10 51.00 57.80 63.40 55.50
Total Long Term Debt 5,880.90 6,041.90 6,344.60 5,300.00 5,940.30
Total Debt 6,304.50 6,059.80 6,762.10 5,849.50 6,364.20
Deferred Income Tax - Long Term Liability 942.80 940.00 875.50 1,206.40 1,180.80
Deferred Income Tax 942.80 940.00 875.50 1,206.40 1,180.80
Minority Interest 20.10 19.10 20.80 15.20 14.90
Reserves 0.00 23.80 32.50 34.60 20.60
Pension Benefits - Underfunded 188.40 132.30 170.80 201.20 185.40
Other Long Term Liabilities 791.40 177.90 172.70 156.20 117.10
Discontinued Operations - Liabilities 0.00 0.00 66.30 0.00 0.00
Other Liabilities, Total 979.80 334.00 442.30 392.00 323.10
Total Liabilities 10,479.40 9,213.90 9,868.90 8,741.20 9,159.60
Common Stock 9.00 11.70 12.00 12.10 12.00
Common Stock, Total 9.00 11.70 12.00 12.10 12.00
Additional Paid-In Capital 26.80 1,451.10 1,989.80 2,131.70 1,974.50
Retained Earnings (Accumulated Deficit) 7,903.60 7,079.80 6,196.10 4,955.80 4,223.70
Treasury Stock - Common 0.00 -1,108.10 -1,060.10 -1,012.70 -978.10
Unrealized Gain (Loss) 0.00 0.00 0.00 0.00 0.00
Cumulative Translation Adjustment -285.40 -389.80 -240.70 -470.70 -212.60
Minimum Pension Liability Adjustment -87.00 -73.30 -93.00 -110.40 -74.40
Other Comprehensive Income 0.00 0.00 0.00 0.00 0.00
Other Equity, Total -372.40 -463.10 -333.70 -581.10 -287.00
Total Equity 7,567.00 6,971.40 6,804.10 5,505.80 4,945.10
Total Liabilities & Shareholders' Equity 18,046.40 16,185.30 16,673.00 14,247.00 14,104.70
Shares Outstanding – Common Stock Primary Issue 97.20 98.90 101.90 102.70 101.30
Total Common Shares Outstanding 97.20 98.90 101.90 102.70 101.30
Treasury Shares – Common Primary Issue 0.00 23.50 23.20 22.90 22.60
Employees 65,000.00 61,000.00 60,000.00 52,000.00 50,000.00
Number of Common Shareholders 1,038.00 3,000.00 2,500.00 2,400.00 102.00
Accumulated Intangible Amortization 1,851.10 1,604.80 1,400.10 1,203.60 1,024.20
Deferred Revenue - Current 451.00 356.40 380.80 176.00 146.10
Deferred Revenue - Long Term 76.70 30.30 28.90 54.20 46.40
Total Current Assets less Inventory 2,736.50 2,598.10 2,506.60 2,273.50 2,430.20
Quick Ratio 1.03 1.38 1.15 1.24 1.43
Current Ratio 1.12 1.51 1.25 1.36 1.54
Net Debt 5,987.10 5,652.10 6,466.30 5,431.10 5,662.70
Tangible Book Value -4,332.50 -4,300.00 -4,762.90 -4,319.10 -4,580.50
Tangible Book Value per Share -44.57 -43.48 -46.74 -42.06 -45.22
Total Long Term Debt, Supplemental 6,247.90 6,000.90 0.00 5,777.70 0.00
Long Term Debt Maturing within 1 Year 415.90 10.00 0.00 541.10 0.00
Long Term Debt Maturing in Year 2 375.00 1,100.00 0.00 400.00 0.00
Long Term Debt Maturing in Year 3 1,000.00 0.00 0.00 0.00 0.00
Long Term Debt Maturing in Year 4 300.00 1,527.10 0.00 1,679.60 0.00
Long Term Debt Maturing in Year 5 1,000.00 300.00 0.00 0.00 0.00
Long Term Debt Maturing in Year 6 0.00 0.00 0.00 0.00 0.00
Long Term Debt Maturing in Year 7 0.00 0.00 0.00 0.00 0.00
Long Term Debt Maturing in Year 8 0.00 0.00 0.00 0.00 0.00
Long Term Debt Maturing in Year 9 0.00 0.00 0.00 0.00 0.00
Long Term Debt Maturing in 2-3 Years 1,375.00 1,100.00 0.00 400.00 0.00
Long Term Debt Maturing in 4-5 Years 1,300.00 1,827.10 0.00 1,679.60 0.00
Long Term Debt Maturing in Year 6 & Beyond 3,157.00 3,063.80 0.00 3,157.00 0.00
Interest Costs -62.90 -37.70 0.00 -40.00 0.00
Total Capital Leases 99.50 58.90 0.00 71.80 0.00
Capital Lease Payments Due in Year 1 15.80 14.80 0.00 14.90 0.00
Capital Lease Payments Due in Year 2 13.90 13.80 0.00 14.40 0.00
Capital Lease Payments Due in Year 3 12.60 12.00 0.00 13.30 0.00
Capital Lease Payments Due in Year 4 12.40 10.80 0.00 12.50 0.00
Capital Lease Payments Due in Year 5 10.90 10.70 0.00 11.20 0.00
Capital Lease Payments Due in 2-3 Years 26.50 25.80 0.00 27.70 0.00
Capital Lease Payments Due in 4-5 Years 23.30 21.50 0.00 23.70 0.00
Capital Lease Payments Due in Year 6 & Beyond 96.80 34.50 0.00 45.50 0.00
Total Operating Leases 803.10 763.40 0.00 681.60 0.00
Operating Lease Payments Due in Year 1 206.50 196.10 0.00 189.50 0.00
Operating Lease Payments Due in Year 2 164.80 149.00 0.00 140.50 0.00
Operating Lease Payments Due in Year 3 121.00 109.70 0.00 96.00 0.00
Operating Lease Payments Due in Year 4 88.20 83.50 0.00 55.30 0.00
Operating Lease Payments Due in Year 5 67.60 64.20 0.00 85.00 0.00
Operating Lease Payments Due in 2-3 Years 285.80 258.70 0.00 236.50 0.00
Operating Lease Payments Due in 4-5 Years 155.80 147.70 0.00 140.30 0.00
Standardized Operating Lease Payments Due in Year 6 and Beyond 155.00 160.90 0.00 115.30 0.00
Pension Obligation - Domestic 355.50 338.50 0.00 366.50 0.00
Pension Obligation - Foreign 547.90 260.10 0.00 278.10 0.00
Post-Retirement Obligation 6.50 6.90 0.00 6.80 0.00
Plan Assets - Domestic 262.10 250.80 0.00 247.50 0.00
Plan Assets - Foreign 491.70 254.60 0.00 233.20 0.00
Funded Status - Domestic -93.40 -87.60 0.00 -119.00 0.00
Funded Status - Foreign -56.30 -5.60 0.00 -44.90 0.00
Funded Status - Post-Retirement -6.50 -6.90 0.00 -6.80 0.00
Accumulated Obligation - Domestic 355.50 338.50 0.00 366.50 0.00
Accumulated Obligation - Foreign 547.90 223.80 0.00 235.80 0.00
Accumulated Obligation - Post-Retirement 6.50 6.90 0.00 6.80 0.00
Unfunded Plan Obligations 42.80 34.00 0.00 29.00 0.00
Total Funded Status -199.00 -134.10 0.00 -199.70 0.00
Discount Rate - Domestic 2.90 2.50 0.00 3.80 0.00
Discount Rate - Post-Retirement 0.00 0.00 0.00 0.00 0.00
Expected Rate of Return - Domestic 4.40 4.50 0.00 0.00 0.00
Expected Rate of Return - Post-Retirement 0.00 0.00 0.00 4.20 0.00
Compensation Rate - Domestic 0.00 0.00 0.00 0.00 0.00
Accrued Liabilities - Post-Retirement -6.50 -6.90 0.00 -6.80 0.00
Net Assets Recognized on Balance Sheet -6.50 -6.90 0.00 -6.80 0.00
Equity % - Domestic 51.13 48.76 0.00 48.48 0.00
Equity % - Foreign 93.25 89.00 0.00 86.84 0.00
Debt Securities % - Domestic 42.39 43.82 0.00 43.56 0.00
Real Estate % - Domestic 4.85 4.70 0.00 0.00 0.00
Other Investments % - Domestic 1.64 3.11 0.00 7.96 0.00
Other Investments % - Foreign 6.75 10.60 0.00 13.16 0.00
Other Investments % - Post-Retirement 0.00 0.00 0.00 0.00 0.00
Total Plan Obligations 952.70 639.50 0.00 680.40 0.00
Total Plan Assets 753.80 505.40 0.00 480.70 0.00
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