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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 02, 2015
Sep. 26, 2014
Current assets:    
Cash and cash equivalents $ 845,468 $ 849,275
Short-term investment 0 66,176
Accounts receivable, net of allowance for doubtful accounts of $21,218 at October 2, 2015 and $20,317 at September 26, 2014 770,920 731,929
Inventories 612,607 572,261
Prepaid expenses and other current assets 163,984 148,562
Deferred tax assets 132,066 125,962
Total current assets 2,525,045 2,494,165
Property, plant and equipment, net 379,215 337,999
Goodwill 283,452 240,626
Other assets 413,036 284,500
Total assets 3,600,748 3,357,290
Current liabilities:    
Accounts payable 202,918 187,377
Deferred revenues 489,775 421,845
Advance payments from customers 178,265 170,724
Accrued liabilities 353,500 371,708
Short term borrowings 108,446 0
Current maturities of long-term debt 50,000 50,000
Total current liabilities 1,382,904 1,201,654
Long-term debt 337,500 387,500
Other long-term liabilities 154,000 151,716
Total liabilities $ 1,874,404 $ 1,740,870
Commitments and contingencies (Note 9)
Equity:    
Preferred stock of $1 par value: 1,000 shares authorized; none issued and outstanding $ 0 $ 0
Common stock of $1 par value: 189,000 shares authorized; 98,070 and 100,942 shares issued and outstanding at October 2, 2015 and at September 26, 2014, respectively 98,070 100,942
Capital in excess of par value 682,167 642,848
Retained earnings 1,017,826 931,241
Accumulated other comprehensive loss (86,463) (58,611)
Total Varian stockholders' equity 1,711,600 1,616,420
Noncontrolling interests 14,744 0
Total equity 1,726,344 1,616,420
Total liabilities and equity $ 3,600,748 $ 3,357,290