10-Q Filing

VARIAN MEDICAL SYSTEMS INC CIK: 203527 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001628280-15-006459`
Period End Date	20150630
Filing Date	20150811
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	var-20150703.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 92 Cash Flow Statement 86 Comprehensive Income 74

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$20.32M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$23.08M	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$849.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$925.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$951.44M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Short-term investment	`ShortTermInvestments`	$71.70M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investment	`ShortTermInvestments`	$66.18M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $23,081 at July 3, 2015 and $20,317 at September 26, 2014	`AccountsReceivableNetCurrent`	$731.93M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $23,081 at July 3, 2015 and $20,317 at September 26, 2014	`AccountsReceivableNetCurrent`	$673.71M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$640.10M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Inventories	`InventoryNet`	$572.26M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	189.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	189.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$148.56M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$187.13M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$125.96M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	100.94M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	99.51M	shares	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$124.86M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	100.94M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	99.51M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.49B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.65B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$338.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$343.42M	USD	Point-in-time
Goodwill	`Goodwill`	$240.63M	USD	Point-in-time
Goodwill	`Goodwill`	$241.73M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$297.49M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$284.50M	USD	Point-in-time
Total assets	`Assets`	$3.36B	USD	Point-in-time
Total assets	`Assets`	$3.53B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$180.47M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$187.38M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$292.90M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$324.41M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$467.20M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$421.85M	USD	Point-in-time
Advance payments from customers	`CustomerAdvancesCurrent`	$170.72M	USD	Point-in-time
Advance payments from customers	`CustomerAdvancesCurrent`	$161.68M	USD	Point-in-time
Product warranty	`ProductWarrantyAccrualClassifiedCurrent`	$41.95M	USD	Point-in-time
Product warranty	`ProductWarrantyAccrualClassifiedCurrent`	$47.30M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$94.45M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	-	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$50.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$50.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.20B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.29B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$387.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$350.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$150.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$151.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.79B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.74B	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock of $1 par value: 1,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock of $1 par value: 1,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock of $1 par value: 189,000 shares authorized; 99,511 and 100,942 shares issued and outstanding at July 3, 2015 and at September 26, 2014, respectively	`CommonStockValue`	$99.51M	USD	Point-in-time
Common stock of $1 par value: 189,000 shares authorized; 99,511 and 100,942 shares issued and outstanding at July 3, 2015 and at September 26, 2014, respectively	`CommonStockValue`	$100.94M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$698.99M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$642.85M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$931.24M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-86.48M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-58.61M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-38.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-40.07M	USD	Point-in-time
Total Varian stockholders' equity	`StockholdersEquity`	$1.73B	USD	Point-in-time
Total Varian stockholders' equity	`StockholdersEquity`	$1.62B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	-	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$14.37M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.62B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.74B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.53B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.36B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Product	`SalesRevenueGoodsNet`	$533.74M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$1.53B	USD	3 Qtrs
Product	`SalesRevenueGoodsNet`	$1.52B	USD	3 Qtrs
Product	`SalesRevenueGoodsNet`	$505.65M	USD	1 Quarter
Service	`SalesRevenueServicesNet`	$708.67M	USD	3 Qtrs
Service	`SalesRevenueServicesNet`	$250.28M	USD	1 Quarter
Service	`SalesRevenueServicesNet`	$242.04M	USD	1 Quarter
Service	`SalesRevenueServicesNet`	$757.94M	USD	3 Qtrs
Total revenues	`Revenues`	$784.01M	USD	1 Quarter
Total revenues	`Revenues`	$2.28B	USD	3 Qtrs
Total revenues	`Revenues`	$2.24B	USD	3 Qtrs
Total revenues	`Revenues`	$747.68M	USD	1 Quarter
Product	`CostOfGoodsSold`	$363.31M	USD	1 Quarter
Product	`CostOfGoodsSold`	$999.58M	USD	3 Qtrs
Product	`CostOfGoodsSold`	$314.87M	USD	1 Quarter
Product	`CostOfGoodsSold`	$957.92M	USD	3 Qtrs
Service	`CostOfServices`	$318.16M	USD	3 Qtrs
Service	`CostOfServices`	$105.73M	USD	1 Quarter
Service	`CostOfServices`	$317.17M	USD	3 Qtrs
Service	`CostOfServices`	$109.08M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$423.96M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$469.04M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$1.28B	USD	3 Qtrs
Total cost of revenues	`CostOfRevenue`	$1.32B	USD	3 Qtrs
Gross margin	`GrossProfit`	$964.52M	USD	3 Qtrs
Gross margin	`GrossProfit`	$314.98M	USD	1 Quarter
Gross margin	`GrossProfit`	$323.73M	USD	1 Quarter
Gross margin	`GrossProfit`	$961.62M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$175.67M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$60.01M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$176.40M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$56.99M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$124.23M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$348.78M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$368.39M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$110.72M	USD	1 Quarter
Litigation settlement	`GainLossRelatedToLitigationSettlement`	$-25.13M	USD	3 Qtrs
Litigation settlement	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Litigation settlement	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Litigation settlement	`GainLossRelatedToLitigationSettlement`	-	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$549.57M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$544.79M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$170.73M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$181.22M	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$142.50M	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$419.73M	USD	3 Qtrs
Operating earnings	`OperatingIncomeLoss`	$412.04M	USD	3 Qtrs
Operating earnings	`OperatingIncomeLoss`	$144.24M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$7.77M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$9.57M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.49M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.04M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.88M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.79M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.54M	USD	3 Qtrs
Interest expense	`InterestExpense`	$5.93M	USD	3 Qtrs
Earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$143.76M	USD	1 Quarter
Earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$423.38M	USD	3 Qtrs
Earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$145.85M	USD	1 Quarter
Earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$414.27M	USD	3 Qtrs
Taxes on earnings	`IncomeTaxExpenseBenefit`	$110.45M	USD	3 Qtrs
Taxes on earnings	`IncomeTaxExpenseBenefit`	$116.44M	USD	3 Qtrs
Taxes on earnings	`IncomeTaxExpenseBenefit`	$36.67M	USD	1 Quarter
Taxes on earnings	`IncomeTaxExpenseBenefit`	$32.21M	USD	1 Quarter
Net earnings	`ProfitLoss`	$107.09M	USD	1 Quarter
Net earnings	`ProfitLoss`	$297.84M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$312.93M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$113.64M	USD	1 Quarter
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$136.00K	USD	1 Quarter
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$136.00K	USD	3 Qtrs
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net earnings attributable to Varian	`NetIncomeLoss`	$107.09M	USD	1 Quarter
Net earnings attributable to Varian	`NetIncomeLoss`	$113.51M	USD	1 Quarter
Net earnings attributable to Varian	`NetIncomeLoss`	$297.84M	USD	3 Qtrs
Net earnings attributable to Varian	`NetIncomeLoss`	$312.79M	USD	3 Qtrs
Net earnings per share attributable to Varian - basic (usd per share)	`EarningsPerShareBasic`	$3.13	USD	3 Qtrs
Net earnings per share attributable to Varian - basic (usd per share)	`EarningsPerShareBasic`	$2.85	USD	3 Qtrs
Net earnings per share attributable to Varian - basic (usd per share)	`EarningsPerShareBasic`	$1.14	USD	1 Quarter
Net earnings per share attributable to Varian - basic (usd per share)	`EarningsPerShareBasic`	$1.03	USD	1 Quarter
Net earnings per share attributable to Varian - diluted (usd per share)	`EarningsPerShareDiluted`	$1.02	USD	1 Quarter
Net earnings per share attributable to Varian - diluted (usd per share)	`EarningsPerShareDiluted`	$3.10	USD	3 Qtrs
Net earnings per share attributable to Varian - diluted (usd per share)	`EarningsPerShareDiluted`	$2.81	USD	3 Qtrs
Net earnings per share attributable to Varian - diluted (usd per share)	`EarningsPerShareDiluted`	$1.13	USD	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	99.72M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	100.09M	shares	3 Qtrs
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	104.58M	shares	3 Qtrs
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	103.64M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	101.02M	shares	3 Qtrs
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	105.91M	shares	3 Qtrs
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.45M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	104.87M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$107.09M	USD	1 Quarter
Net earnings	`ProfitLoss`	$297.84M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$312.93M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$113.64M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$36.59M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$30.05M	USD	3 Qtrs
Tax benefits from exercises of share-based payment awards	`DeferredTaxExpenseFromStockOptionsExercised`	$9.88M	USD	3 Qtrs
Tax benefits from exercises of share-based payment awards	`DeferredTaxExpenseFromStockOptionsExercised`	$12.30M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$12.30M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$9.85M	USD	3 Qtrs
Depreciation	`Depreciation`	$44.89M	USD	3 Qtrs
Depreciation	`Depreciation`	$42.72M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.40M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.26M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$5.11M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.80M	USD	1 Quarter
Impairment of a privately-held equity investment	`ImpairmentOfInvestments`	$7.72M	USD	3 Qtrs
Impairment of a privately-held equity investment	`ImpairmentOfInvestments`	-	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$15.22M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.69M	USD	3 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$2.81M	USD	3 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$5.66M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$1.75M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.39M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$67.95M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-14.04M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$77.29M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$49.06M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$32.70M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$22.15M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.02M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$281.00K	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-14.77M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-39.84M	USD	3 Qtrs
Deferred revenues and advance payments from customers	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$32.74M	USD	3 Qtrs
Deferred revenues and advance payments from customers	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$42.68M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$316.17M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$255.59M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$57.08M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$63.23M	USD	3 Qtrs
Investment in available-for-sale corporate debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$942.00K	USD	3 Qtrs
Investment in available-for-sale corporate debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$40.69M	USD	3 Qtrs
Sale of a portion of investment in available-for-sale corporate debt security	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Sale of a portion of investment in available-for-sale corporate debt security	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$38.08M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.59M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.50M	USD	3 Qtrs
Notes receivable	`PaymentsToAcquireNotesReceivable`	$5.50M	USD	3 Qtrs
Notes receivable	`PaymentsToAcquireNotesReceivable`	$5.00M	USD	3 Qtrs
Net amounts received from deferred compensation plan trust account	`PaymentsForProceedsFromDeferredCompensationPlanSecuritiesNet`	-	USD	3 Qtrs
Net amounts received from deferred compensation plan trust account	`PaymentsForProceedsFromDeferredCompensationPlanSecuritiesNet`	$2.51M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-642.00K	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.08M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-73.19M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-86.20M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$293.57M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$417.25M	USD	3 Qtrs
Proceeds from issuance of common stock to employees	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$86.54M	USD	3 Qtrs
Proceeds from issuance of common stock to employees	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$84.11M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$12.30M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$9.85M	USD	3 Qtrs
Employees' taxes withheld and paid for restricted stock and restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.20M	USD	3 Qtrs
Employees' taxes withheld and paid for restricted stock and restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.66M	USD	3 Qtrs
Borrowings received under credit facility agreement	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Borrowings received under credit facility agreement	`ProceedsFromIssuanceOfLongTermDebt`	$125.00M	USD	3 Qtrs
Repayments under credit facility agreement and other bank borrowings	`RepaymentsOfLongTermDebt`	$56.25M	USD	3 Qtrs
Repayments under credit facility agreement and other bank borrowings	`RepaymentsOfLongTermDebt`	$162.50M	USD	3 Qtrs
Net borrowings received under credit facility agreements with maturities less than 90 days	`ProceedsFromRepaymentsOfLinesOfCredit`	$95.48M	USD	3 Qtrs
Net borrowings received under credit facility agreements with maturities less than 90 days	`ProceedsFromRepaymentsOfLinesOfCredit`	$29.55M	USD	3 Qtrs
Capital contribution from noncontrolling interest holders	`ProceedsFromMinorityShareholders`	-	USD	3 Qtrs
Capital contribution from noncontrolling interest holders	`ProceedsFromMinorityShareholders`	$2.89M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.34M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-616.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-359.26M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-153.40M	USD	3 Qtrs
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$12.59M	USD	3 Qtrs
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.99M	USD	3 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-191.87M	USD	3 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$102.16M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$951.44M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$925.99M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$849.27M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$849.27M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$951.44M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$925.99M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	USD	Point-in-time

Comprehensive Income 74 line items

Line Item	Tag	Value	Unit	Period
Amortization of prior service cost included in net periodic benefit cost, tax effect	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$41.00K	USD	1 Quarter
Net earnings	`ProfitLoss`	$107.09M	USD	1 Quarter
Net earnings	`ProfitLoss`	$297.84M	USD	3 Qtrs
Amortization of prior service cost included in net periodic benefit cost, tax effect	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-18.00K	USD	3 Qtrs
Net earnings	`ProfitLoss`	$312.93M	USD	3 Qtrs
Amortization of prior service cost included in net periodic benefit cost, tax effect	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$121.00K	USD	3 Qtrs
Amortization of prior service cost included in net periodic benefit cost, tax effect	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-6.00K	USD	1 Quarter
Net earnings	`ProfitLoss`	$113.64M	USD	1 Quarter
Amortization of net actuarial loss included in net periodic benefit cost, tax effects	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$116.00K	USD	1 Quarter
Amortization of net actuarial loss included in net periodic benefit cost, tax effects	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$102.00K	USD	1 Quarter
Amortization of net actuarial loss included in net periodic benefit cost, tax effects	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$303.00K	USD	3 Qtrs
Amortization of net actuarial loss included in net periodic benefit cost, tax effects	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$347.00K	USD	3 Qtrs
Available-for-sale securities, Increase (decrease) in unrealized gain (loss), tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-102.00K	USD	1 Quarter
Available-for-sale securities, Increase (decrease) in unrealized gain (loss), tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-102.00K	USD	3 Qtrs
Derivatives, Increase (decrease) in unrealized gain (loss), tax effects	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$37.00K	USD	1 Quarter
Derivatives, Increase (decrease) in unrealized gain (loss), tax effects	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$816.00K	USD	3 Qtrs
Derivatives, Increase (decrease) in unrealized gain (loss), tax effects	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$127.00K	USD	1 Quarter
Amortization of prior service cost included in net periodic benefit cost, net of tax (expense) benefit of $41 and $121 for the three and nine months ended July 3, 2015, respectively, and ($6) and ($18) for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$113.00K	USD	3 Qtrs
Derivatives, Increase (decrease) in unrealized gain (loss), tax effects	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$866.00K	USD	3 Qtrs
Amortization of prior service cost included in net periodic benefit cost, net of tax (expense) benefit of $41 and $121 for the three and nine months ended July 3, 2015, respectively, and ($6) and ($18) for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$38.00K	USD	1 Quarter
Amortization of prior service cost included in net periodic benefit cost, net of tax (expense) benefit of $41 and $121 for the three and nine months ended July 3, 2015, respectively, and ($6) and ($18) for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-39.00K	USD	1 Quarter
Amortization of prior service cost included in net periodic benefit cost, net of tax (expense) benefit of $41 and $121 for the three and nine months ended July 3, 2015, respectively, and ($6) and ($18) for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-117.00K	USD	3 Qtrs
Amortization of net actuarial loss included in net periodic benefit cost, net of tax expense of ($116) and ($347) for the three and nine months ended July 3, 2015, respectively, and ($102) and ($303) for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-1.51M	USD	3 Qtrs
Reclassification adjustments, tax effects	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$-389.00K	USD	3 Qtrs
Reclassification adjustments, tax effects	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$-1.29M	USD	3 Qtrs
Amortization of net actuarial loss included in net periodic benefit cost, net of tax expense of ($116) and ($347) for the three and nine months ended July 3, 2015, respectively, and ($102) and ($303) for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-1.30M	USD	3 Qtrs
Amortization of net actuarial loss included in net periodic benefit cost, net of tax expense of ($116) and ($347) for the three and nine months ended July 3, 2015, respectively, and ($102) and ($303) for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-505.00K	USD	1 Quarter
Reclassification adjustments, tax effects	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$90.00K	USD	1 Quarter
Amortization of net actuarial loss included in net periodic benefit cost, net of tax expense of ($116) and ($347) for the three and nine months ended July 3, 2015, respectively, and ($102) and ($303) for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-433.00K	USD	1 Quarter
Reclassification adjustments, tax effects	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$-259.00K	USD	1 Quarter
Other comprehensive income (loss), pension and other postretirement benefit plans, adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-466.00K	USD	1 Quarter
Other comprehensive income (loss), pension and other postretirement benefit plans, adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-471.00K	USD	1 Quarter
Other comprehensive income (loss), pension and other postretirement benefit plans, adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.42M	USD	3 Qtrs
Other comprehensive income (loss), pension and other postretirement benefit plans, adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.40M	USD	3 Qtrs
Increase (decrease) in unrealized gain (loss), net of tax benefit of $102 for both the three and nine months ended July 3, 2015	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-218.00K	USD	1 Quarter
Increase (decrease) in unrealized gain (loss), net of tax benefit of $102 for both the three and nine months ended July 3, 2015	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Increase (decrease) in unrealized gain (loss), net of tax benefit of $102 for both the three and nine months ended July 3, 2015	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-218.00K	USD	3 Qtrs
Increase (decrease) in unrealized gain (loss), net of tax benefit of $102 for both the three and nine months ended July 3, 2015	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Other comprehensive income (loss), available-for-sale securities adjustment, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Other comprehensive income (loss), available-for-sale securities adjustment, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-218.00K	USD	1 Quarter
Other comprehensive income (loss), available-for-sale securities adjustment, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-218.00K	USD	3 Qtrs
Other comprehensive income (loss), available-for-sale securities adjustment, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	3 Qtrs
Increase (decrease) in unrealized gain, net of tax (expense) benefit of ($127) and ($866) for the three and nine months ended July 3, 2015, respectively, and ($37) and ($816) for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$214.00K	USD	1 Quarter
Increase (decrease) in unrealized gain, net of tax (expense) benefit of ($127) and ($866) for the three and nine months ended July 3, 2015, respectively, and ($37) and ($816) for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$1.36M	USD	3 Qtrs
Increase (decrease) in unrealized gain, net of tax (expense) benefit of ($127) and ($866) for the three and nine months ended July 3, 2015, respectively, and ($37) and ($816) for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$62.00K	USD	1 Quarter
Increase (decrease) in unrealized gain, net of tax (expense) benefit of ($127) and ($866) for the three and nine months ended July 3, 2015, respectively, and ($37) and ($816) for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$1.45M	USD	3 Qtrs
Reclassification adjustments, net of tax (expense) benefit of $259 and $1,286 for the three and nine months ended July 3, 2015, respectively, and ($90) and $389 for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$649.00K	USD	3 Qtrs
Reclassification adjustments, net of tax (expense) benefit of $259 and $1,286 for the three and nine months ended July 3, 2015, respectively, and ($90) and $389 for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$2.15M	USD	3 Qtrs
Reclassification adjustments, net of tax (expense) benefit of $259 and $1,286 for the three and nine months ended July 3, 2015, respectively, and ($90) and $389 for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-149.00K	USD	1 Quarter
Reclassification adjustments, net of tax (expense) benefit of $259 and $1,286 for the three and nine months ended July 3, 2015, respectively, and ($90) and $389 for the corresponding periods of fiscal year 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$434.00K	USD	1 Quarter
Other comprehensive income (loss), derivatives qualifying as hedges, net of tax, total	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-220.00K	USD	1 Quarter
Other comprehensive income (loss), derivatives qualifying as hedges, net of tax, total	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$211.00K	USD	1 Quarter
Other comprehensive income (loss), derivatives qualifying as hedges, net of tax, total	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-703.00K	USD	3 Qtrs
Other comprehensive income (loss), derivatives qualifying as hedges, net of tax, total	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$712.00K	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.11M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-752.00K	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.74M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.35M	USD	3 Qtrs
Other comprehensive earnings (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.06M	USD	1 Quarter
Other comprehensive earnings (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-27.87M	USD	3 Qtrs
Other comprehensive earnings (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.38M	USD	3 Qtrs
Other comprehensive earnings (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.14M	USD	1 Quarter
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$299.21M	USD	3 Qtrs
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$106.03M	USD	1 Quarter
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$285.05M	USD	3 Qtrs
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$115.78M	USD	1 Quarter
Less: Comprehensive earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$78.00K	USD	1 Quarter
Less: Comprehensive earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$78.00K	USD	3 Qtrs
Less: Comprehensive earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Comprehensive earnings attributable to Varian	`ComprehensiveIncomeNetOfTax`	$299.21M	USD	3 Qtrs
Comprehensive earnings attributable to Varian	`ComprehensiveIncomeNetOfTax`	$284.98M	USD	3 Qtrs
Comprehensive earnings attributable to Varian	`ComprehensiveIncomeNetOfTax`	$115.70M	USD	1 Quarter
Comprehensive earnings attributable to Varian	`ComprehensiveIncomeNetOfTax`	$106.03M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.