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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]        
Net sales and other operating revenues $ 1,019 $ 1,033 $ 1,977 $ 1,998
Cost of sales 773 823 1,513 1,607
Gross profit 246 210 464 391
Selling and administrative expenses 75 66 142 126
Research and technical expenses 15 15 30 28
Loss on sale of business       3
Income (loss) from operations 156 129 292 234
Interest and dividend income 8 9 17 15
Interest expense (21) (23) (43) (45)
Other income (expense) (1) (5) (30) (10)
Income (loss) from operations before income taxes and equity in earnings of affiliated companies 142 110 236 194
(Provision) benefit for income taxes (47) (29) (81) (49)
Equity in earnings of affiliated companies, net of tax 2 1 3 3
Net income (loss) 97 82 158 148
Net income (loss) attributable to noncontrolling interests, net of tax 13 7 24 19
Net income (loss) attributable to Cabot Corporation $ 84 $ 75 $ 134 $ 129
Weighted-average common shares outstanding:        
Basic 55.4 56.3 55.3 56.3
Diluted 55.8 56.8 55.8 56.7
Earnings (loss) per common share:        
Basic $ 1.5 $ 1.31 $ 2.39 $ 2.24
Diluted $ 1.49 $ 1.29 $ 2.37 $ 2.23