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Consolidated Statements Of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
Consolidated Statements Of Operations [Abstract]        
Net sales and other operating revenues $ 844 [1] $ 739 [1] $ 1,606 [1] $ 1,433 [1]
Cost of sales 671 605 1,290 1,168
Gross profit 173 134 316 265
Selling and administrative expenses 66 62 131 125
Research and technical expenses 20 18 37 33
Income from operations 87 54 148 107
Interest and dividend income 1   2 1
Interest expense (9) (10) (19) (20)
Other (expense) income (3) 4   6
Income from continuing operations before income taxes and equity in net earnings of affiliated companies 76 [2] 48 [2] 131 [2] 94 [2]
(Provision) benefit for income taxes (23) (9) (39) 6
Equity in net earnings of affiliated companies 3 1 4 4
Income from continuing operations 56 40 96 104
Income from discontinued operations, net of tax 189 16 200 32
Net income 245 56 296 136
Net income attributable to noncontrolling interests, net of tax 5 5 10 10
Net income attributable to Cabot Corporation $ 240 $ 51 $ 286 $ 126
Weighted-average common shares outstanding, in millions:        
Basic 63.2 64.6 63.4 64.5
Diluted 64.0 65.5 64.1 65.3
Basic:        
Income from continuing operations attributable to Cabot Corporation $ 0.80 $ 0.53 $ 1.35 $ 1.42
Income from discontinued operations $ 2.94 $ 0.24 $ 3.11 $ 0.49
Net income attributable to Cabot Corporation $ 3.74 $ 0.77 $ 4.46 $ 1.91
Diluted:        
Income from continuing operations attributable to Cabot Corporation $ 0.78 $ 0.52 $ 1.33 $ 1.40
Income from discontinued operations $ 2.92 $ 0.24 $ 3.08 $ 0.49
Net income attributable to Cabot Corporation $ 3.70 $ 0.76 $ 4.41 $ 1.89
Dividends per common share $ 0.18 $ 0.18 $ 0.36 $ 0.36
[1] Unallocated and Other reflects royalties paid by equity affiliates, external shipping and handling fees, and other operating revenues, which includes the impact of the corporate adjustment for unearned revenue.
[2] Unallocated and Other includes certain items and eliminations that are not allocated to the operating segments. Management does not consider these items necessary for an understanding of the operating results of these segments and such amounts are excluded in the segment reporting to the Chief Operating Decision Maker. Income (loss) from continuing operations before taxes that are categorized as Unallocated and Other includes: