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Restructuring (Tables)
6 Months Ended
Mar. 31, 2015
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
March 31
     Six Months Ended
March 31
 
     2015      2014      2015      2014  
     (Dollars in millions)  

Cost of sales

   $ 1      $ 5      $ 3      $ 9  

Selling and administrative expenses

     4        11        9        12  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

$ 5    $ 16   $ 12   $ 21  
  

 

 

    

 

 

    

 

 

    

 

 

Restructuring Activities and Related Reserves

Details of these restructuring activities and the related reserves during the three months ended March 31, 2015 are as follows:

 

     Severance
and Employee
Benefits
     Environmental
Remediation
     Other      Total  
     (Dollars in millions)  

Reserve at December 31, 2014

   $ 14      $ 2      $ 1      $ 17   

Charges

     2        1        2        5   

Cash paid

     (6      —           (2      (8

Foreign currency translation adjustment

     (1      —           —           (1
  

 

 

    

 

 

    

 

 

    

 

 

 

Reserve at March 31, 2015

$ 9   $ 3   $ 1   $ 13  
  

 

 

    

 

 

    

 

 

    

 

 

 

Details of these restructuring activities and the related reserves during the six months ended March 31, 2015 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

     5        1        1        5        12   

Costs charged against assets / liabilities

     —           —           (1      —           (1

Cash paid

     (10      —           —           (5      (15

Foreign currency translation adjustment

     (2      —           —           —           (2
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Reserve at March 31, 2015

$ 9   $ 3   $ —      $ 1   $ 13