XML 17 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 29, 2018
Sep. 29, 2017
Current assets:    
Cash and cash equivalents $ 536.0 $ 716.2
Trade and unbilled receivables, net of allowance for doubtful accounts of $40.3 at June 29, 2018 and $45.9 at September 29, 2017 933.6 961.5
Inventories 469.2 417.7
Prepaid expenses and other current assets 249.8 190.3
Current assets of discontinued operations 4.4 11.1
Total current assets 2,193.0 2,296.8
Property, plant and equipment, net 265.9 255.3
Goodwill 239.9 222.6
Intangible assets 79.4 71.6
Deferred tax assets 106.4 147.3
Other assets 287.2 300.8
Total assets 3,171.8 3,294.4
Current liabilities:    
Accounts payable 189.2 162.3
Accrued liabilities 379.0 374.9
Deferred revenues 790.2 755.4
Short-term borrowings 18.2 350.0
Current liabilities of discontinued operations 2.5 2.5
Total current liabilities 1,379.1 1,645.1
Other long-term liabilities 291.2 127.4
Total liabilities 1,670.3 1,772.5
Commitments and contingencies (Note 10)
Equity:    
Preferred stock of $1 par value: 1.0 shares authorized; none issued and outstanding 0.0 0.0
Common stock of $1 par value: 189.0 shares authorized; 91.5 and 91.7 shares issued and outstanding at June 29, 2018, and at September 29, 2017, respectively 91.5 91.7
Capital in excess of par value 771.8 716.1
Retained earnings 704.6 778.6
Accumulated other comprehensive loss (70.7) (68.8)
Total Varian stockholders' equity 1,497.2 1,517.6
Noncontrolling interests 4.3 4.3
Total equity 1,501.5 1,521.9
Total liabilities and equity $ 3,171.8 $ 3,294.4