CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Oct. 02, 2020	Sep. 27, 2019
Current assets:
Cash and cash equivalents	$ 766.1	$ 531.4
Trade and unbilled receivables, net of allowance for doubtful accounts of $52.3 at October 2, 2020, and $46.5 at September 27, 2019	1,066.1	1,106.3
Inventories	516.3	551.5
Prepaid expenses and other current assets	254.8	206.2
Total current assets	2,603.3	2,395.4
Property, plant and equipment, net	344.9	311.5
Operating right-of-use assets	121.0	0.0
Goodwill	623.9	612.2
Intangible assets, net	271.3	300.7
Deferred tax assets	81.5	84.7
Other assets	416.3	397.2
Total assets	4,462.2	4,101.7
Current liabilities:
Accounts payable	194.9	248.5
Accrued liabilities	522.4	459.5
Deferred revenues	782.2	766.0
Short-term borrowings	355.0	410.0
Total current liabilities	1,854.5	1,884.0
Long-term lease liabilities	101.1	0.0
Other long-term liabilities	421.8	440.1
Total liabilities	2,377.4	2,324.1
Commitments and contingencies
Equity:
Preferred stock of $1.0 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 and 90.8 shares issued and outstanding at October 2, 2020, and at September 27, 2019, respectively	91.2	90.8
Capital in excess of par value	937.0	845.6
Retained earnings	1,133.0	934.0
Accumulated other comprehensive loss	(85.7)	(102.1)
Total Varian stockholders' equity	2,075.5	1,768.3
Noncontrolling interests	9.3	9.3
Total equity	2,084.8	1,777.6
Total liabilities and equity	$ 4,462.2	$ 4,101.7