CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jan. 01, 2021	Oct. 02, 2020
Current assets:
Cash and cash equivalents	$ 773.3	$ 766.1
Trade and unbilled receivables, less allowance for credit losses of $55.2 and $52.3 at January 1, 2021 and October 2, 2020, respectively	1,029.3	1,066.1
Inventories	571.7	516.3
Prepaid expenses and other current assets	267.0	254.8
Total current assets	2,641.3	2,603.3
Property, plant and equipment, net	346.5	344.9
Operating lease right-of-use assets	119.5	121.0
Goodwill	627.7	623.9
Intangible assets	265.0	271.3
Deferred tax assets	65.4	81.5
Other assets	460.7	416.3
Total assets	4,526.1	4,462.2
Current liabilities:
Accounts payable	206.5	194.9
Accrued liabilities	482.7	522.4
Deferred revenues	845.7	782.2
Short-term borrowings	210.0	355.0
Total current liabilities	1,744.9	1,854.5
Long-term lease liabilities	101.7	101.1
Other long-term liabilities	431.7	421.8
Total liabilities	2,278.3	2,377.4
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; 91.8 and 91.2 shares issued and outstanding at January 1, 2021 and October 2, 2020, respectively	91.8	91.2
Capital in excess of par value	997.7	937.0
Retained earnings	1,225.6	1,133.0
Accumulated other comprehensive loss	(76.8)	(85.7)
Total Varian stockholders' equity	2,238.3	2,075.5
Noncontrolling interest	9.5	9.3
Total equity	2,247.8	2,084.8
Total liabilities and equity	$ 4,526.1	$ 4,462.2