Stockholders' Equity

9 Months Ended

Jun. 30, 2013

Equity [Abstract]

Stockholders' Equity

G. 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 the first nine months of fiscal 2013, Cabot repurchased 379 shares of its common stock under this authorization. During the first nine months of fiscal 2012, Cabot repurchased 1,109,116 shares of its common stock under this authorization for an aggregate purchase price of approximately $36 million. As of June 30, 2013, approximately 1.6 million shares remain available for repurchase under the current authorization.

During the nine months ended June 30, 2013 and 2012, Cabot paid cash dividends to common stockholders of $39 million and $36 million, respectively.

Noncontrolling interests

The following table illustrates the noncontrolling interests activity for the periods presented:

	2013			2012
	(Dollars in millions)
Balance at September 30	$	126		$	129
Net income attributable to noncontrolling interests		3			14
Noncontrolling interests foreign currency translation adjustment		1			(3	)
Contribution from noncontrolling interests		13			4
Noncontrolling interests dividends		(17	)		(17	)
Balance at June 30	$	126		$	127