XML 40 R29.htm IDEA: XBRL DOCUMENT v3.24.3
Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Sep. 30, 2024
Stockholders' Equity Note [Abstract]  
Accumulated Other Comprehensive Income (Loss)

Note P. Accumulated Other Comprehensive Income (Loss)

Changes in each component of AOCI, net of tax, are as follows for fiscal 2024 and 2023:

 

 

 

Currency
Translation
Adjustment

 

 

Pension and Other
Postretirement
Benefit Liability
Adjustment

 

 

Total

 

 

 

(In millions)

 

Balance at September 30, 2022 attributable to
   Cabot Corporation

 

$

(429

)

 

$

(10

)

 

$

(439

)

Other comprehensive income (loss) before reclassifications

 

 

80

 

 

 

3

 

 

 

83

 

Amounts reclassified from AOCI

 

 

(4

)

 

 

(2

)

 

 

(6

)

Less: Other comprehensive income (loss) attributable to
   noncontrolling interests

 

 

 

 

 

 

 

 

 

Balance at September 30, 2023 attributable to
   Cabot Corporation

 

 

(353

)

 

 

(9

)

 

 

(362

)

Other comprehensive income (loss) before reclassifications

 

 

18

 

 

 

(5

)

 

 

13

 

Amounts reclassified from AOCI

 

 

(2

)

 

 

(4

)

 

 

(6

)

Less: Other comprehensive income (loss) attributable to
   noncontrolling interests

 

 

5

 

 

 

 

 

 

5

 

Balance at September 30, 2024 attributable to
   Cabot Corporation

 

$

(342

)

 

$

(18

)

 

$

(360

)

 

The amounts reclassified out of AOCI and into the Consolidated Statements of Operations for fiscal 2024, 2023 and 2022 are as follows:

 

 

 

Affected Line Item in the Consolidated

 

Years Ended September 30

 

 

 

Statements of Operations

 

2024

 

 

2023

 

 

2022

 

 

 

 

 

(In Millions)

 

Derivatives: net investment hedges

 

 

 

 

 

 

 

 

 

 

 

(Gains) losses reclassified to interest
   expense

 

Interest expense

 

$

(5

)

 

$

(6

)

 

$

(6

)

(Gains) losses excluded from effectiveness
   testing and amortized to interest expense

 

Interest expense

 

 

2

 

 

 

2

 

 

 

2

 

Release of current translation adjustment

 

Loss on sale of business and asset impairment charge

 

 

 

 

 

 

 

 

33

 

Pension and other postretirement benefit
   liability adjustment

 

 

 

 

 

 

 

 

 

 

 

Release of actuarial losses and prior service cost
   (credits)

 

Loss on sale of business and asset impairment charge

 

 

 

 

 

 

 

 

2

 

Amortization of actuarial losses and prior service
   cost (credit)

 

Other income (expense)

 

 

(2

)

 

 

(2

)

 

 

1

 

Settlement and curtailment loss (gain)

 

Other income (expense)

 

 

 

 

 

 

 

 

(1

)

Total before tax

 

 

 

$

(5

)

 

$

(6

)

 

$

31