Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2024	Sep. 30, 2023
Current assets:
Cash and cash equivalents	$ 197	$ 238
Accounts and notes receivable, net of reserve for doubtful accounts of $5 and $2	732	695
Inventories:
Raw materials	145	148
Finished goods	341	374
Other	67	63
Total inventories	553	585
Prepaid expenses and other current assets	109	108
Total current assets	1,591	1,626
Property, plant and equipment	3,907	3,827
Accumulated depreciation	(2,477)	(2,415)
Net property, plant and equipment	1,430	1,412
Goodwill	132	134
Equity affiliates	24	20
Intangible assets, net	55	60
Deferred income taxes	166	180
Other assets	182	172
Total assets	3,580	3,604
Current liabilities:
Short-term borrowings	49	174
Accounts payable and accrued liabilities	626	600
Income taxes payable	34	40
Current portion of long-term debt	8	8
Total current liabilities	717	822
Long-term debt	1,083	1,094
Deferred income taxes	40	50
Other liabilities	244	231
Contingencies (Note E)
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: 54,949,872 and 55,379,636 shares, Outstanding: 54,816,803 and 55,243,804 shares	55	55
Less cost of 133,069 and 135,832 shares of common treasury stock	(3)	(3)
Retained earnings	1,676	1,574
Accumulated other comprehensive income (loss)	(382)	(362)
Total Cabot Corporation stockholders' equity	1,346	1,264
Noncontrolling interests	150	143
Total stockholders' equity	1,496	1,407
Total liabilities and stockholders' equity	$ 3,580	$ 3,604