10-Q Filing

VARIAN MEDICAL SYSTEMS INC CIK: 203527 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001628280-16-010877`
Period End Date	20151231
Filing Date	20160209
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	var-20160101.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 44 Cash Flow Statement 78 Comprehensive Income 42

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$21.22M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$25.03M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$953.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$845.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$904.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$849.27M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $25,029 at January 1, 2016 and $21,218 at October 2, 2015	`AccountsReceivableNetCurrent`	$770.92M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $25,029 at January 1, 2016 and $21,218 at October 2, 2015	`AccountsReceivableNetCurrent`	$768.55M	USD	Point-in-time
Inventories	`InventoryNet`	$612.61M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$613.07M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$163.98M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$174.69M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$132.07M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	189.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	189.00M	shares	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$130.53M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	98.07M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.64B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	96.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.53B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$379.21M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	96.00M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	98.07M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$372.86M	USD	Point-in-time
Goodwill	`Goodwill`	$283.45M	USD	Point-in-time
Goodwill	`Goodwill`	$281.77M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$413.04M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$431.81M	USD	Point-in-time
Total assets	`Assets`	$3.73B	USD	Point-in-time
Total assets	`Assets`	$3.60B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$174.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$202.92M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$352.71M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$353.50M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$489.77M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$502.87M	USD	Point-in-time
Advance payments from customers	`CustomerAdvancesCurrent`	$178.26M	USD	Point-in-time
Advance payments from customers	`CustomerAdvancesCurrent`	$176.23M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$333.25M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$108.45M	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`	$1.38B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.59B	USD	Point-in-time
Long-term debt and other borrowings	`LongTermDebtNoncurrent`	$337.50M	USD	Point-in-time
Long-term debt and other borrowings	`LongTermDebtNoncurrent`	$345.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$154.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$150.54M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.08B	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.38M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	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; 95,999 and 98,070 shares issued and outstanding at January 1, 2016 and at October 2, 2015, respectively	`CommonStockValue`	$96.00M	USD	Point-in-time
Common stock of $1 par value: 189,000 shares authorized; 95,999 and 98,070 shares issued and outstanding at January 1, 2016 and at October 2, 2015, respectively	`CommonStockValue`	$98.07M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$659.87M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$682.17M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$962.32M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-90.38M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-86.46M	USD	Point-in-time
Total Varian stockholders' equity	`StockholdersEquity`	$1.71B	USD	Point-in-time
Total Varian stockholders' equity	`StockholdersEquity`	$1.63B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$14.74M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$3.88M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.73B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and equity	`LiabilitiesAndStockholdersEquity`	$3.73B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and equity	`LiabilitiesAndStockholdersEquity`	$3.60B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Product	`SalesRevenueGoodsNet`	$475.83M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$500.53M	USD	1 Quarter
Service	`SalesRevenueServicesNet`	$262.02M	USD	1 Quarter
Service	`SalesRevenueServicesNet`	$256.61M	USD	1 Quarter
Total revenues	`Revenues`	$757.13M	USD	1 Quarter
Total revenues	`Revenues`	$737.85M	USD	1 Quarter
Product	`CostOfGoodsSold`	$343.46M	USD	1 Quarter
Product	`CostOfGoodsSold`	$305.82M	USD	1 Quarter
Service	`CostOfServices`	$103.98M	USD	1 Quarter
Service	`CostOfServices`	$105.03M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$447.44M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$410.85M	USD	1 Quarter
Gross margin	`GrossProfit`	$327.01M	USD	1 Quarter
Gross margin	`GrossProfit`	$309.69M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$59.98M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$57.08M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$133.06M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$140.48M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$193.04M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$197.56M	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$116.65M	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$129.45M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.04M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.95M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.04M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.23M	USD	1 Quarter
Earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$130.44M	USD	1 Quarter
Earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$118.37M	USD	1 Quarter
Taxes on earnings	`IncomeTaxExpenseBenefit`	$37.13M	USD	1 Quarter
Taxes on earnings	`IncomeTaxExpenseBenefit`	$29.33M	USD	1 Quarter
Net earnings	`ProfitLoss`	$89.04M	USD	1 Quarter
Net earnings	`ProfitLoss`	$93.31M	USD	1 Quarter
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.00K	USD	1 Quarter
Net earnings attributable to Varian	`NetIncomeLoss`	$93.31M	USD	1 Quarter
Net earnings attributable to Varian	`NetIncomeLoss`	$89.03M	USD	1 Quarter
Net earnings per share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.92	USD	1 Quarter
Net earnings per share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.93	USD	1 Quarter
Net earnings per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.91	USD	1 Quarter
Net earnings per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.92	USD	1 Quarter
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	100.47M	shares	1 Quarter
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	97.16M	shares	1 Quarter
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	97.84M	shares	1 Quarter
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	101.64M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$93.31M	USD	1 Quarter
Net earnings	`ProfitLoss`	$89.04M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$12.74M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$11.26M	USD	1 Quarter
Tax benefits from exercises of share-based payment awards	`DeferredTaxExpenseFromStockOptionsExercised`	$6.26M	USD	1 Quarter
Tax benefits from exercises of share-based payment awards	`DeferredTaxExpenseFromStockOptionsExercised`	$1.04M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$6.24M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.10M	USD	1 Quarter
Depreciation	`Depreciation`	$15.42M	USD	1 Quarter
Depreciation	`Depreciation`	$15.48M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.65M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.99M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.22M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$14.11M	USD	1 Quarter
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$4.00M	USD	1 Quarter
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$7.90M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-217.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-1.05M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-43.72M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$29.46M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$62.15M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$3.99M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$11.96M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.04M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-37.01M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.18M	USD	1 Quarter
Accrued liabilities and other long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherNoncurrentLiabilities`	$-25.57M	USD	1 Quarter
Accrued liabilities and other long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherNoncurrentLiabilities`	$5.29M	USD	1 Quarter
Deferred revenues and advance payments from customers	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$22.62M	USD	1 Quarter
Deferred revenues and advance payments from customers	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$10.98M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$78.95M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$77.22M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.31M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.72M	USD	1 Quarter
Investment in available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$880.00K	USD	1 Quarter
Investment in available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$942.00K	USD	1 Quarter
Sale of available-for-sale securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Sale of available-for-sale securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$8.64M	USD	1 Quarter
Notes receivable	`PaymentsToAcquireNotesReceivable`	$3.00M	USD	1 Quarter
Notes receivable	`PaymentsToAcquireNotesReceivable`	$2.07M	USD	1 Quarter
Amounts paid to deferred compensation plan trust account	`PaymentsForProceedsFromDeferredCompensationPlanSecuritiesNet`	$-2.73M	USD	1 Quarter
Amounts paid to deferred compensation plan trust account	`PaymentsForProceedsFromDeferredCompensationPlanSecuritiesNet`	-	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-84.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-87.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.26M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.58M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$192.08M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$125.53M	USD	1 Quarter
Proceeds from issuance of common stock to employees	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$34.80M	USD	1 Quarter
Proceeds from issuance of common stock to employees	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$15.33M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.10M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$6.24M	USD	1 Quarter
Employees' taxes withheld and paid for restricted stock and restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.48M	USD	1 Quarter
Employees' taxes withheld and paid for restricted stock and restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$11.36M	USD	1 Quarter
Borrowings under credit facility agreement	`ProceedsFromIssuanceOfLongTermDebt`	$75.00M	USD	1 Quarter
Borrowings under credit facility agreement	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Repayments under credit facility agreement	`RepaymentsOfLongTermDebt`	$12.50M	USD	1 Quarter
Repayments under credit facility agreement	`RepaymentsOfLongTermDebt`	$67.50M	USD	1 Quarter
Net borrowings under credit facility agreements with maturities less than 90 days	`ProceedsFromLinesOfCredit`	$100.00M	USD	1 Quarter
Net borrowings under credit facility agreements with maturities less than 90 days	`ProceedsFromLinesOfCredit`	$225.00M	USD	1 Quarter
Contingent consideration and hold back	`PaymentOfContingentConsiderationAndHoldBack`	$734.00K	USD	1 Quarter
Contingent consideration and hold back	`PaymentOfContingentConsiderationAndHoldBack`	$2.55M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$1.77M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$49.83M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.32M	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$9.03M	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$5.12M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$55.08M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$107.91M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$904.36M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$845.47M	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`	$953.38M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$904.36M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$845.47M	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`	$953.38M	USD	Point-in-time

Comprehensive Income 42 line items

Line Item	Tag	Value	Unit	Period
Tax on amortization of prior service cost included in net periodic benefit cost	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-41.00K	USD	1 Quarter
Net earnings	`ProfitLoss`	$93.31M	USD	1 Quarter
Tax on amortization of prior service cost included in net periodic benefit cost	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-45.00K	USD	1 Quarter
Net earnings	`ProfitLoss`	$89.04M	USD	1 Quarter
Tax on amortization of net actuarial loss included in net periodic benefit cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$116.00K	USD	1 Quarter
Tax on amortization of net actuarial loss included in net periodic benefit cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$132.00K	USD	1 Quarter
Tax on increase (decrease) in unrealized gain on derivative instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$54.00K	USD	1 Quarter
Tax on increase (decrease) in unrealized gain on derivative instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$284.00K	USD	1 Quarter
Amortization of prior service cost included in net periodic benefit cost, net of tax benefit of $45 and $41	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-38.00K	USD	1 Quarter
Amortization of prior service cost included in net periodic benefit cost, net of tax benefit of $45 and $41	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-72.00K	USD	1 Quarter
Tax on reclassification adjustment on derivative instruments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	-	USD	1 Quarter
Tax on reclassification adjustment on derivative instruments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$326.00K	USD	1 Quarter
Amortization of net actuarial loss included in net periodic benefit cost, net of tax expense of ($132) and ($116)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-504.00K	USD	1 Quarter
Tax on increase (decrease) in unrealized gain (loss) on available for sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Amortization of net actuarial loss included in net periodic benefit cost, net of tax expense of ($132) and ($116)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-601.00K	USD	1 Quarter
Tax on increase (decrease) in unrealized gain (loss) on available for sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-141.00K	USD	1 Quarter
Defined benefit pension and post-retirement plans:	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-466.00K	USD	1 Quarter
Tax on reclassification adjustments on available for sale securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$193.00K	USD	1 Quarter
Defined benefit pension and post-retirement plans:	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-529.00K	USD	1 Quarter
Tax on reclassification adjustments on available for sale securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	-	USD	1 Quarter
Change in unrealized gain (loss), net of tax expense of ($54) and ($284)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$475.00K	USD	1 Quarter
Change in unrealized gain (loss), net of tax expense of ($54) and ($284)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$91.00K	USD	1 Quarter
Reclassification adjustments, net of tax benefit of $0 and $326	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$545.00K	USD	1 Quarter
Reclassification adjustments, net of tax benefit of $0 and $326	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Derivative instruments:	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$91.00K	USD	1 Quarter
Derivative instruments:	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-70.00K	USD	1 Quarter
Change in unrealized gain (loss), net of tax benefit of $141	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Change in unrealized gain (loss), net of tax benefit of $141	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-299.00K	USD	1 Quarter
Reclassification adjustments, net of tax expense of ($193)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustments, net of tax expense of ($193)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-411.00K	USD	1 Quarter
Available-for-sale securities:	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$112.00K	USD	1 Quarter
Available-for-sale securities:	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.65M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-12.29M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-11.89M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.92M	USD	1 Quarter
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$81.42M	USD	1 Quarter
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$85.12M	USD	1 Quarter
Less: Comprehensive earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$15.00K	USD	1 Quarter
Comprehensive earnings attributable to Varian	`ComprehensiveIncomeNetOfTax`	$85.11M	USD	1 Quarter
Comprehensive earnings attributable to Varian	`ComprehensiveIncomeNetOfTax`	$81.42M	USD	1 Quarter

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