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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 29, 2019
Sep. 28, 2018
Current assets:    
Cash and cash equivalents $ 546.3 $ 504.8
Trade and unbilled receivables, net of allowance for doubtful accounts of $43.9 at March 29, 2019, and $41.1 at September 28, 2018 1,029.2 1,009.9
Inventories 478.0 438.1
Prepaid expenses and other current assets 207.7 233.3
Current assets of discontinued operations 0.0 2.3
Total current assets 2,261.2 2,188.4
Property, plant and equipment, net 268.4 274.6
Goodwill 309.3 293.6
Intangible assets 90.8 101.1
Deferred tax assets 94.9 102.2
Other assets 365.6 292.8
Total assets 3,390.2 3,252.7
Current liabilities:    
Accounts payable 208.7 190.3
Accrued liabilities 352.2 419.7
Deferred revenues 757.9 729.7
Total current liabilities 1,318.8 1,339.7
Other long-term liabilities 331.3 324.3
Total liabilities 1,650.1 1,664.0
Commitments and contingencies (Note 8)
Equity:    
Preferred stock of $1 par value: 1.0 shares authorized; none issued and outstanding 0.0 0.0
Common stock of $1 par value: 189.0 shares authorized; 91.2 shares issued and outstanding at both March 29, 2019, and at September 28, 2018, respectively 91.2 91.2
Capital in excess of par value 813.6 778.1
Retained earnings 902.3 780.4
Accumulated other comprehensive loss (71.8) (65.3)
Total Varian stockholders' equity 1,735.3 1,584.4
Noncontrolling interest 4.8 4.3
Total equity 1,740.1 1,588.7
Total liabilities and equity $ 3,390.2 $ 3,252.7