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The method of immediate analysis of periodic steady states in switched DC-DC converters operating in the continuous current mode is described. The initial conditions, which correspond to the periodic steady state, are found in the first step. They are used consequently for the conventional transient analysis. A special SPICE model of the converter finds automatically these initial conditions, which are then available within the transient analysis. The method works both for the well-known behavioral models of switched converters and also for models which employ complex nonlinear SPICE models of semiconductor switches.