VARIAN MEDICAL SYSTEMS INC Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2020 12 months to Oct 2, 2020	FY2019 12 months to Sep 27, 2019	FY2018 12 months to Sep 28, 2018	FY2017 12 months to Sep 29, 2017	FY2016 12 months to Sep 30, 2016
Revenues:
Product
Service
Product
Service
Total revenues

Cost of revenues:
Product
Service
Product and Service
Product
Service
Product
Service
Total cost of revenues

Gross margin
Operating expenses:
Research and development
Selling, general and administrative
Separation costs
Litigation settlement
Impairment charges
Acquisition-related expenses
Impairment and restructuring charges
Acquisition-related expenses and in-process research and development
Total operating expenses

Operating earnings
Interest income
Interest expense
Nonoperating Income (Expense)
Other income, net
Earnings before taxes
Taxes on earnings
Net earnings from continuing operations
Net loss from discontinued operations
Net earnings
Less: Net earnings attributable to noncontrolling interests
Net earnings attributable to Varian
Net earnings attributable to Varian
Continuing operations (in dollars per share)
Discontinued operations (in dollars per share)
Net earnings per share - basic (in dollars per share)
Continuing operations (in dollars per share)
Discontinued operations (in dollars per share)
Net earnings per share - diluted (in dollars per share)
Shares used in the calculation of net earnings per share:
Weighted average shares outstanding - basic (in shares)
Weighted average shares outstanding - diluted (in shares)

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