XML 44 R32.htm IDEA: XBRL DOCUMENT v3.8.0.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Mar. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Activity of Goodwill by Reportable Operating Segment
The following table reflects the activity of goodwill by reportable operating segment: 
(In millions)
Oncology
Systems
 
Varian Particle Therapy
 
Total
Balance at September 29, 2017
$
170.2

 
$
52.4

 
$
222.6

Business combinations
11.5

 

 
11.5

Foreign currency translation adjustments

 
2.1

 
2.1

Balance at March 30, 2018
$
181.7

 
$
54.5

 
$
236.2

Schedule of Indefinite-Lived Intangible Assets
The following table reflects the gross carrying amount and accumulated amortization of the Company's intangible assets: 
 
March 30, 2018
 
September 29, 2017
(In millions)
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Technologies and patents
$
118.0

 
$
(67.7
)
 
$
50.3

 
$
102.0

 
$
(60.9
)
 
$
41.1

Customer contracts and supplier relationship
38.2

 
(16.4
)
 
21.8

 
33.9

 
(14.3
)
 
19.6

Other
5.7

 
(4.6
)
 
1.1

 
5.5

 
(3.4
)
 
2.1

Total intangible with finite lives
161.9

 
(88.7
)
 
73.2

 
141.4

 
(78.6
)
 
62.8

In-process research and development with indefinite lives
8.8

 

 
8.8

 
8.8

 

 
8.8

Total intangible assets
$
170.7

 
$
(88.7
)
 
$
82.0

 
$
150.2

 
$
(78.6
)
 
$
71.6

Gross Carrying Amount and Accumulated Amortization of Intangible Assets
The following table reflects the gross carrying amount and accumulated amortization of the Company's intangible assets: 
 
March 30, 2018
 
September 29, 2017
(In millions)
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Technologies and patents
$
118.0

 
$
(67.7
)
 
$
50.3

 
$
102.0

 
$
(60.9
)
 
$
41.1

Customer contracts and supplier relationship
38.2

 
(16.4
)
 
21.8

 
33.9

 
(14.3
)
 
19.6

Other
5.7

 
(4.6
)
 
1.1

 
5.5

 
(3.4
)
 
2.1

Total intangible with finite lives
161.9

 
(88.7
)
 
73.2

 
141.4

 
(78.6
)
 
62.8

In-process research and development with indefinite lives
8.8

 

 
8.8

 
8.8

 

 
8.8

Total intangible assets
$
170.7

 
$
(88.7
)
 
$
82.0

 
$
150.2

 
$
(78.6
)
 
$
71.6


Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of March 30, 2018, the Company estimates its remaining amortization expense for intangible assets with finite lives will be as follows (in millions):
Fiscal Years:
Remaining Amortization Expense
Remainder of 2018
$
10.9

2019
15.2

2020
12.7

2021
10.4

2022
9.0

Thereafter
15.0

Total remaining amortization for intangible assets
$
73.2