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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net sales and other operating revenues $ 694 $ 940 $ 2,200 $ 2,736
Cost of sales 544 756 1,754 2,197
Gross profit 150 184 446 539
Selling and administrative expenses 67 76 216 245
Research and technical expenses 15 15 44 46
Income from operations 68 93 186 248
Interest and dividend income 1 1 3 3
Interest expense (13) (14) (40) (41)
Other (expense) income (3)   (6) 27
Long-lived assets impairment charge (Note F) (209)   (209) (4)
Goodwill impairment charge (Note F) (353)   (353)  
(Loss) income from continuing operations (509) 80 (419) 237
Benefit (provision) for income taxes 64 (20) 47 (51)
Equity in earnings (loss) of affiliated companies, net of tax 1 (2) 4 (2)
(Loss) income from continuing operations (444) 58 (368) 184
Income (loss) from discontinued operations, net of tax 1 (1) 1 (2)
Net (loss) income (443) 57 (367) 182
Net income attributable to noncontrolling interests, net of tax 2 5 7 14
Net (loss) income attributable to Cabot Corporation $ (445) $ 52 $ (374) $ 168
Weighted-average common shares outstanding, in millions:        
Basic 63.3 64.5 63.7 64.3
Diluted 63.3 65.2 63.7 65.0
Basic:        
(Loss) income from continuing operations attributable to Cabot Corporation $ (7.05) $ 0.80 $ (5.89) $ 2.61
Income (loss) from discontinued operations 0.01 (0.01) 0.01 (0.03)
Net (loss) income attributable to Cabot Corporation (7.04) 0.79 (5.88) 2.58
Diluted:        
(Loss) income from continuing operations attributable to Cabot Corporation (7.05) 0.79 (5.89) 2.58
Income (loss) from discontinued operations 0.01 (0.01) 0.01 (0.03)
Net (loss) income attributable to Cabot Corporation (7.04) 0.78 (5.88) 2.55
Dividends per common share $ 0.22 $ 0.22 $ 0.66 $ 0.62