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Restructuring (Tables)
75 Months Ended
Dec. 31, 2014
Restructuring and Related Activities [Abstract]  
Recorded Restructuring Activities

Cabot’s restructuring activities were recorded in the Consolidated Statements of Operations as follows:

 

     Three Months Ended
December 31
 
     2014      2013  
     (Dollars in millions)  

Cost of sales

   $ 2      $ 5  

Selling and administrative expenses

     5        —     
  

 

 

    

 

 

 

Total

   $ 7      $ 5  
  

 

 

    

 

 

 

Restructuring Activities and Related Reserves

Details of these restructuring activities and the related reserves during the three months ended December 31, 2014 are as follows:

 

     Severance
and Employee
Benefits
    Environmental
Remediation
     Asset
Impairment
and
Accelerated
Depreciation
    Other     Total  
     (Dollars in millions)  

Reserve at September 30, 2014

   $ 16     $ 2      $ —        $ 1     $ 19  

Charges

     3       —           1       3       7  

Costs charged against assets/liabilities

     —          —           (1     —          (1

Cash paid

     (4     —           —          (3     (7

Foreign currency translation adjustment

     (1     —           —          —          (1
  

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Reserve at December 31, 2014

   $ 14     $ 2      $ —        $ 1     $ 17