v3.24.1.1.u2
TRANSACTIONS WITH FORMER PARENT (Tables)
3 Months Ended
Mar. 31, 2024
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following table is a summary of corporate and other allocations for the three months ended March 31, 2023:
Three Months Ended March 31, 2023
Direct costs$41.2 
Selling, general and administrative expenses55.1 
Restructuring and other charges0.1 
Foreign exchange gain (loss)(1.0)
Corporate and other allocations$95.4 
The components of the transfers to and from Labcorp during the three months ended March 31, 2023 were as follows:
Three Months Ended March 31, 2023
General financing activities$(63.4)
Corporate allocations87.9 
Stock compensation expense6.7 
Total net transfers (to) from Former Parent$31.2