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Quest Diagnostics Reports Growth in Revenue and Earnings for Fourth Quarter 2008 and Provides 2009 Guidance
Date:1/26/2009

Consolidated Balance Sheets December 31, 2008 and December 31, 2007 (in millions, except per share data) December 31, December 31, 2008 2007 (unaudited) Assets ------ Current assets: Cash and cash equivalents $253.9 $167.6 Accounts receivable, net 832.9 882.0 Inventories 102.1 95.2 Deferred income taxes 218.4 149.8 Prepaid expenses and other current assets 89.5 79.8 ---- ---- Total current assets 1,496.8 1,374.4 Property, plant and equipment, net 879.7 912.0 Goodwill, net 5,054.9 5,220.1 Intangible assets, net 827.4 886.7 Other assets 145.0 172.5 ----- ----- Total assets $8,403.8 $8,565.7 ======== ======== Liabilities and Stockholders' Equity ------------------------------------ Current liabilities: Accounts payable and accrued expenses $1,219.6 $1,124.7 Short-term borrowings and current portion of long-term debt 5.1 163.6
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