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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 01, 2016
Oct. 02, 2015
[1]
Current assets:    
Cash and cash equivalents $ 835,936 $ 845,468
Accounts receivable, net of allowance for doubtful accounts of $25,632 at July 1, 2016 and $21,218 at October 2, 2015 840,437 770,920
Inventories 682,490 612,607
Prepaid expenses and other current assets 187,760 163,984
Total current assets 2,546,623 2,392,979
Property, plant and equipment, net 372,496 379,215
Goodwill 282,894 283,452
Deferred tax assets 117,918 119,331
Other assets 439,521 403,673
Total assets 3,759,452 3,578,650
Current liabilities:    
Accounts payable 180,338 202,918
Accrued liabilities 365,008 347,167
Deferred revenues 530,847 489,775
Advance payments from customers 140,077 178,265
Short-term borrowings 351,441 108,446
Current maturities of long-term debt 50,000 50,000
Total current liabilities 1,617,711 1,376,571
Long-term debt 300,000 337,500
Other long-term liabilities 139,554 138,235
Total liabilities 2,057,265 1,852,306
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; 94,306 and 98,070 shares issued and outstanding at July 1, 2016 and at October 2, 2015, respectively 94,306 98,070
Capital in excess of par value 659,033 682,167
Retained earnings 1,018,932 1,017,826
Accumulated other comprehensive loss (84,062) (86,463)
Total Varian stockholders' equity 1,688,209 1,711,600
Noncontrolling interests 3,647 14,744
Total equity 1,691,856 1,726,344
Total liabilities, redeemable noncontrolling interests and equity $ 3,759,452 $ 3,578,650
[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.