Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2023	Sep. 30, 2022
Current assets:
Cash and cash equivalents	$ 205	$ 206
Accounts and notes receivable, net of reserve for doubtful accounts of $3 and $3	767	836
Inventories:
Raw materials	161	182
Finished goods	397	427
Other	67	55
Total inventories	625	664
Prepaid expenses and other current assets	145	114
Total current assets	1,742	1,820
Property, plant and equipment, net	1,353	1,270
Goodwill	136	129
Equity affiliates	22	20
Intangible assets, net	63	63
Deferred income taxes	38	45
Other assets	165	178
Total assets	3,519	3,525
Current liabilities:
Short-term borrowings	258	347
Accounts payable and accrued liabilities	609	707
Income taxes payable	29	44
Current portion of long-term debt	8	7
Total current liabilities	904	1,105
Long-term debt	1,094	1,089
Deferred income taxes	58	65
Other liabilities	231	234
Contingencies (Note G)
Preferred stock:
Authorized: 2,000,000 shares of $1 par value, Issued and Outstanding: None and none
Common stock:
Authorized: 200,000,000 shares of $1 par value, Issued: 56,282,299 and 56,385,963 shares, Outstanding: 56,146,164 and 56,248,559 shares	56	56
Less cost of 136,135 and 137,404 shares of common treasury stock	(3)	(4)
Additional paid-in capital		1
Retained earnings	1,360	1,284
Accumulated other comprehensive income (loss)	(314)	(439)
Total Cabot Corporation stockholders' equity	1,099	898
Noncontrolling interests	133	134
Total stockholders' equity	1,232	1,032
Total liabilities and stockholders' equity	$ 3,519	$ 3,525