CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jul. 04, 2025	Sep. 27, 2024
Current assets:
Cash and cash equivalents	$ 136.4	$ 168.7
Marketable securities	16.2	31.8
Accounts receivable, net of allowance for credit losses of $1.4 million and $1.0 million at July 4, 2025 and September 27, 2024, respectively	137.0	157.7
Inventories, net	298.7	264.8
Prepaid expenses and other current assets	31.2	26.9
Total current assets	619.5	649.9
Property, plant, and equipment, net	152.6	153.4
Goodwill	198.5	291.0
Intangible assets, net	15.0	16.1
Investments in privately-held companies	24.6	26.8
Deferred tax assets	3.0	1.3
Operating lease assets	24.1	28.3
Other assets	36.1	46.8
Total assets	1,073.4	1,213.6
Current liabilities:
Accounts payable	70.7	59.1
Accrued liabilities and other current liabilities	86.0	78.6
Current operating lease liabilities	3.9	4.0
Current maturities of long-term debt, net	1.5	46.3
Deferred revenues	14.6	7.9
Total current liabilities	176.7	195.9
Long-term debt, net	366.0	397.1
Deferred tax liabilities	2.6	4.0
Operating lease liabilities	19.4	23.0
Other long-term liabilities	39.2	50.4
Total liabilities	603.9	670.4
Stockholders' equity:
Preferred stock, $0.01 par value: 20,000,000 shares authorized, none issued	0.0	0.0
Shares issued and outstanding: 41,520,742 and 41,094,179 at July 4, 2025 and September 27, 2024, respectively	0.4	0.4
Additional paid-in capital	478.4	467.2
Accumulated other comprehensive loss	(5.4)	(2.9)
(Accumulated deficit) retained earnings	(18.1)	64.4
Total Varex stockholders' equity	455.3	529.1
Noncontrolling interests	14.2	14.1
Total stockholders' equity	469.5	543.2
Total liabilities and stockholders' equity	$ 1,073.4	$ 1,213.6