CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 03, 2020	Sep. 27, 2019
Current assets:
Cash and cash equivalents	$ 667.8	$ 531.4
Trade and unbilled receivables, net of allowance for doubtful accounts of $48.9 and $46.5 at April 3, 2020 and September 27, 2019, respectively	1,004.8	1,106.3
Inventories	604.0	551.5
Prepaid expenses and other current assets	224.3	206.2
Total current assets	2,500.9	2,395.4
Property, plant and equipment, net	341.9	311.5
Operating lease right-of-use assets	123.8
Goodwill	614.7	612.2
Intangible assets	281.6	300.7
Deferred tax assets	93.6	84.7
Other assets	387.4	397.2
Total assets	4,343.9	4,101.7
Current liabilities:
Accounts payable	198.4	248.5
Accrued liabilities	433.2	459.5
Deferred revenues	798.1	766.0
Short-term borrowings	520.0	410.0
Total current liabilities	1,949.7	1,884.0
Long-term lease liabilities	100.4
Other long-term liabilities	423.1	440.1
Total liabilities	2,473.2	2,324.1
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; 90.7 and 90.8 shares issued and outstanding at April 3, 2020 and September 27, 2019, respectively	90.7	90.8
Capital in excess of par value	878.2	845.6
Retained earnings	993.7	934.0
Accumulated other comprehensive loss	(101.8)	(102.1)
Total Varian stockholders' equity	1,860.8	1,768.3
Noncontrolling interest	9.9	9.3
Total equity	1,870.7	1,777.6
Total liabilities and equity	$ 4,343.9	$ 4,101.7