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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 28, 2018
Sep. 29, 2017
Current assets:    
Cash and cash equivalents $ 504.8 $ 716.2
Trade and unbilled receivables, net of allowance for doubtful accounts of $41.1 at September 28, 2018, and $45.9 at September 29, 2017 1,009.9 961.5
Inventories 438.1 417.7
Prepaid expenses and other current assets 233.3 190.3
Current assets of discontinued operations 2.3 11.1
Total current assets 2,188.4 2,296.8
Property, plant and equipment, net 274.6 255.3
Goodwill 293.6 222.6
Intangible assets, net 101.1 71.6
Deferred tax assets 102.2 147.3
Other assets 292.8 300.8
Total assets 3,252.7 3,294.4
Current liabilities:    
Accounts payable 190.3 162.3
Accrued liabilities 419.7 374.9
Deferred revenues 729.7 755.4
Short-term borrowings 0.0 350.0
Current liabilities of discontinued operations 0.0 2.5
Total current liabilities 1,339.7 1,645.1
Other long-term liabilities 324.3 127.4
Total liabilities 1,664.0 1,772.5
Commitments and contingencies
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; 91.2 and 91.7 shares issued and outstanding at September 28, 2018, and at September 29, 2017, respectively 91.2 91.7
Capital in excess of par value 778.1 716.1
Retained earnings 780.4 778.6
Accumulated other comprehensive loss (65.3) (68.8)
Total Varian stockholders' equity 1,584.4 1,517.6
Noncontrolling interests 4.3 4.3
Total equity 1,588.7 1,521.9
Total liabilities and equity $ 3,252.7 $ 3,294.4