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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
Net sales and other operating revenues $ 3,931 $ 4,321 $ 3,409
Cost of sales 3,092 3,436 2,610
Gross profit 839 885 799
Selling and administrative expenses 253 258 289
Research and technical expenses 57 55 56
Loss on sale of business and asset impairment charge 3 207  
Gain on bargain purchase of a business (Note C)   (24)  
Income (loss) from operations 526 389 454
Interest and dividend income 31 11 8
Interest expense (90) (56) (49)
Other income (expense) (16) (9) (7)
Income (loss) from operations before income taxes and equity in earnings of affiliated companies 451 335 406
(Provision) benefit for income taxes 28 (102) (123)
Equity in earnings of affiliated companies, net of tax 5 10 3
Net income (loss) 484 243 286
Net income (loss) attributable to noncontrolling interests, net of tax of $9, $8 and $10 39 34 36
Net income (loss) attributable to Cabot Corporation $ 445 $ 209 $ 250
Weighted-average common shares outstanding:      
Basic 56.1 56.5 56.7
Diluted 56.5 56.9 56.8
Earnings (loss) per common share:      
Basic $ 7.79 $ 3.65 $ 4.35
Diluted $ 7.73 $ 3.62 $ 4.34
Purification Solutions [Member]      
Loss on sale of business and asset impairment charge   $ 197