Varian Medical Systems, Inc.

(NYSE:VAR)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Assets
Current Assets
Cash & Equivalents 397,306 405,684 360,056 334,082
Restricted Cash — — — —
Marketable Securities — — — —
Accounts Receivable 486,310 442,650 521,924 438,132
Loans Receivable — — — —
Other Receivable — — — —
Receivables 486,310 442,650 521,924 438,132
Raw Materials — — 139,300 139,500
Work in Progress — — 41,800 44,000
Purchased Components — — — —
Finished Goods — — 87,400 76,100
Other Inventories 282,980 304,306 17 -29
Inventories Adjustments and Allowances — — — —
Inventories 282,980 304,306 268,517 259,571
Prepaid Expenses — 76,858 70,814 60,401
Current Deferred Income Taxes 209,006 125,680 126,027 125,538
Other Current Assets 18,779 — — —
Total Current Assets 1,394,401 1,355,178 1,347,338 1,217,724
Land and Improvements — — — —
Building and Improvements — — — —
Machinery Furniture and Equipment — — — —
Construction in Progress — — — —
Other Fixed Assets — 423,822 410,273 395,676
Total Fixed Assets 452,576 423,822 410,273 395,676
Gross Fixed Assets 452,576 423,822 410,273 395,676
Accumulated Depreciation and Depletion 234,393 214,800 214,800 214,800
Net Fixed Assets 218,183 209,022 195,473 180,876
Intangibles — — — —
Cost in Excess 209,146 214,927 215,676 208,844
Non Current Deferred Income Taxes — — — —
Other Non Current Assets 150,694 161,857 158,454 156,751
Total Non Current Assets 578,023 585,806 569,603 546,471
Total Assets 1,975,512 1,940,984 1,916,941 1,764,195
Liabilities
Current Liabilities
Accounts Payable 105,281 103,791 109,388 96,977
Notes Payable — — — —
Short Term Debt 7,987 74,867 81,978 26,974
Accrued Expenses 252,915 245,687 249,928 245,419
Accrued Liabilities — — — —
Deferred Revenues 141,368 138,129 134,875 124,923
Current Deferred Income Tax Liabilities — — — —
Other Current Liabilities 274,126 266,751 254,597 233,061
Total Current Liabilities 781,677 829,225 830,766 727,354
Non Current Liabilities
Long Term Debt 32,399 32,460 40,270 40,329
Capital Lease Obligations — — — —
Deferred Income Tax Liabilities — — — —
Other Non Current Liabilities 134,251 126,977 138,174 133,629
Minority Interest Liabilities — — — —
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities 948,327 988,662 1,009,210 901,312
Total Liabilities 166,650 159,437 178,444 173,958
Shareholders' Equity
Preferred Stock Equity — — — —
Common Stock Equity 1,027,185 952,322 907,731 862,883
Common Par 125,590 124,877 125,507 125,486
Additional Paid in Capital 468,384 391,771 371,947 346,926
Cumulative Translation Adjustment — — — —
Retained Earnings 433,211 440,909 414,820 400,448
Treasury Stock — — — —
Other Equity Adjustments — -5,235 -4,543 -9,977
Total Capitalization 1,059,584 984,782 948,001 903,212
Cash Flow — 315,496 290,710 278,952
Working Capital 612,724 525,953 516,572 490,370
Free Cash Flow — 229,566 136,067 104,106
Invested Capital 1,059,584 984,782 948,001 903,212
Total Equity 1,027,185 952,322 907,731 862,883
Total Liabilities and Stock Equity 1,975,512 1,940,984 1,916,941 1,764,195