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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 01, 2016
Oct. 02, 2015
[1]
Current assets:    
Cash and cash equivalents $ 961,100 $ 845,468
Accounts receivable, net of allowance for doubtful accounts of $24,410 at April 1, 2016 and $21,218 at October 2, 2015 852,634 770,920
Inventories 653,328 612,607
Prepaid expenses and other current assets 177,251 163,984
Deferred tax assets 128,904 132,066
Total current assets 2,773,217 2,525,045
Property, plant and equipment, net 374,356 379,215
Goodwill 283,947 283,452
Other assets 434,738 413,036
Total assets 3,866,258 3,600,748
Current liabilities:    
Accounts payable 174,178 202,918
Accrued liabilities 353,110 353,500
Deferred revenues 520,326 489,775
Advance payments from customers 164,891 178,265
Short-term borrowings 431,635 108,446
Current maturities of long-term debt 50,000 50,000
Total current liabilities 1,694,140 1,382,904
Long-term debt 312,500 337,500
Other long-term liabilities 155,748 154,000
Total liabilities $ 2,162,388 $ 1,874,404
Commitments and contingencies (Note 9)
Redeemable noncontrolling interests $ 10,331 $ 0
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; 95,550 and 98,070 shares issued and outstanding at April 1, 2016 and at October 2, 2015, respectively 95,550 98,070
Capital in excess of par value 659,162 682,167
Retained earnings 1,016,027 1,017,826
Accumulated other comprehensive loss (80,968) (86,463)
Total Varian stockholders' equity 1,689,771 1,711,600
Noncontrolling interests 3,768 14,744
Total equity 1,693,539 1,726,344
Total liabilities, redeemable noncontrolling interests and equity $ 3,866,258 $ 3,600,748
[1] The condensed consolidated balance sheet as of October 2, 2015 was derived from audited financial statements as of that date, but does not include all disclosures required by accounting principles generally accepted in the United States of America.