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Stockholders' Equity
12 Months Ended
Sep. 30, 2012
Stockholders' Equity

Note Q. Stockholders’ Equity

In fiscal 2007, the Board of Directors authorized Cabot to repurchase up to ten million shares of Cabot’s common stock in the open market or in privately negotiated transactions. This authorization does not have a set expiration date. During fiscal 2012 Cabot repurchased 1.1 million shares of its common stock under this authorization for an aggregate purchase price of $36 million. During fiscal 2011 Cabot repurchased 1.6 million shares of its common stock under this authorization for an aggregate purchase price of $50 million. There were no shares repurchased in fiscal 2010. As of September 30, 2012, approximately 1.6 million shares remain available for repurchase under the current authorization.

During fiscal 2012, Cabot paid cash dividends of $0.76 per share of common stock. During each of fiscal 2011 and 2010, Cabot paid cash dividends of $0.72 per share of common stock.

Accumulated Other Comprehensive Income

The following table illustrates the after-tax balances of the components comprising Accumulated other comprehensive income:

 

     September 30  
     2012     2011  
     (Dollars in millions)  

Foreign currency translation adjustments

   $ 167     $ 163   

Unrealized holding gain on investments/derivatives

            1   

Change in funded status of retirement plans

     (75     (58
  

 

 

   

 

 

 

Accumulated other comprehensive income

   $ 92     $ 106