XML 71 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
SEGMENT INFORMATION
9 Months Ended
Jun. 29, 2012
SEGMENT INFORMATION

17. SEGMENT INFORMATION

The Company’s operations are grouped into two reportable operating segments: Oncology Systems and X-ray Products. These reportable operating segments were determined based on how the Company’s Chief Executive Officer, its Chief Operating Decision Maker (“CODM”), views and evaluates the Company’s operations. The Company’s Ginzton Technology Center, Security and Inspection Products business and Varian Particle Therapy business are reflected in the “Other” category because these operating segments do not meet the criteria of a reportable operating segment. The CODM allocates resources to and evaluates the financial performance of each operating segment primarily based on operating earnings.

The following table summarizes selected operating results information for each business segment:

 

     Three Months Ended     Nine Months Ended  
(In millions)    June 29,
2012
    July 1,
2011
    June 29,
2012
    July 1,
2011
 

Revenues

        

Oncology Systems

   $ 546      $ 513      $ 1,599      $ 1,473   

X-ray Products

     127        121        363        350   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total reportable segments

   $ 673      $ 634      $ 1,962      $ 1,823   

Other

     32        16        89        55   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total company

   $ 705      $ 650      $ 2,051      $ 1,878   
  

 

 

   

 

 

   

 

 

   

 

 

 

Operating Earnings (Loss)

        

Oncology Systems

   $ 127      $ 120      $ 364      $ 368   

X-ray Products

     35        30        94        88   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total reportable segments

   $ 162      $ 150      $ 458      $ 456   

Other

     (8     (8     (27     (21

Corporate

     0        (1     (5     (6
  

 

 

   

 

 

   

 

 

   

 

 

 

Total company

   $ 154      $ 141      $ 426      $ 429