Financial Information By Segment (Tables)

6 Months Ended

Mar. 31, 2012

Financial Information By Segment [Abstract]


	Core Segment		Performance Segment		New Business Segment		Specialty Fluids Segment		Segment Total		Unallocated and Other			Consolidated Total
	(Dollars in millions)
Three months ended March 31, 2012
Revenues from external customers⁽¹⁾	$	534	$	235	$	30	$	27	$	826	$	18		$	844
Income (loss) before taxes⁽²⁾	$	72	$	35	$	—	$	16	$	123	$	(47	)	$	76
Three months ended March 31, 2011
Revenues from external customers⁽¹⁾	$	458	$	222	$	32	$	13	$	725	$	14		$	739
Income (loss) before taxes⁽²⁾	$	51	$	39	$	4	$	1	$	95	$	(47	)	$	48
Six months ended March 31, 2012
Revenues from external customers⁽¹⁾	$	1,023	$	440	$	55	$	41	$	1,559	$	47		$	1,606
Income (loss) before taxes⁽²⁾	$	127	$	56	$	—	$	21	$	204	$	(73	)	$	131
Six months ended March 31, 2011
Revenues from external customers⁽¹⁾	$	896	$	412	$	56	$	30	$	1,394	$	39		$	1,433
Income (loss) before taxes⁽²⁾	$	88	$	70	$	4	$	7	$	169	$	(75	)	$	94

⁽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:

Schedule Of Income (Loss) Before Taxes For Unallocated And Other


	Three Months Ended March 31						Six Months Ended March 31
	2012			2011			2012			2011
	(Dollars in millions)
Interest expense	$	(9	)	$	(10	)	$	(19	)	$	(20	)
Total certain items, pre-tax^(a)		(9	)		(7	)		(14	)		(11	)
Equity in net earnings of affiliated companies^(b)		(3	)		(1	)		(4	)		(4	)
Unallocated corporate costs^(c)		(18	)		(15	)		(32	)		(27	)
General unallocated expense^(d)		(8	)		(14	)		(4	)		(13	)

Total	$	(47	)	$	(47	)	$	(73	)	$	(75	)

^(a)

Certain items are items that management does not consider to be representative of segment results and they are, therefore, excluded from segment EBIT. Certain items, pre-tax, for the three months ended March 31, 2012 include global restructuring charges of $9 million as discussed in Note I. Certain items, pre-tax, for the six months ended March 31, 2012 include charges of $12 million related to global restructuring and $2 million for environmental reserves and legal settlements. For the three and six months ended March 31, 2012, the impact of tax certain items was $1 million and $2 million, respectively. Certain items, pre-tax, for the three and six months ended March 31, 2011 primarily relate to global restructuring charges as discussed in Note I. For the three and six months ended March 31, 2011, the benefit of tax certain items was $3 million and $29 million, respectively.

^(b)	Equity in net earnings of affiliated companies is included in segment EBIT and is removed from Unallocated and Other to reconcile to segment EBIT.

^(c)	Unallocated corporate costs are not controlled by the segments and primarily benefit corporate interests.

^(d)

General unallocated expense consists of gain (losses) arising from foreign currency transactions, net of other foreign currency risk management activities, the impact of accounting for certain inventory on a LIFO basis, and the profit or loss related to the corporate adjustment for unearned revenue.

Schedule Of Performance Segment


	Three Months Ended March 31				Six Months Ended March 31
	2012		2011		2012		2011
	(Dollars in millions)
Performance Products Business	$	173	$	159	$	324	$	291
Fumed Metal Oxides Business		62		63		116		121

Total Performance Segment	$	235	$	222	$	440	$	412

Schedule Of New Business Segment


	Three Months Ended March 31				Six Months Ended March 31
	2012		2011		2012		2011
	(Dollars in millions)
Inkjet Colorants Business	$	15	$	16	$	30	$	30
Aerogel Business		5		8		9		11
Cabot Superior MicroPowders Business		3		3		5		6
Cabot Elastomer Composites Business		7		5		11		9

Total New Business Segment	$	30	$	32	$	55	$	56

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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