Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2015	Sep. 30, 2014
Current assets:
Cash and cash equivalents	$ 84	$ 67
Accounts and notes receivable, net of reserve for doubtful accounts of $8 and $7	563	688
Inventories:
Raw materials	88	111
Work in process	4	2
Finished goods	298	341
Other	42	44
Total inventories	432	498
Prepaid expenses and other current assets	60	69
Deferred income taxes	39	42
Total current assets	1,178	1,364
Property, plant and equipment, net	1,427	1,581
Goodwill	157	536
Equity affiliates	61	68
Intangible assets, net	159	347
Assets held for rent	68	56
Deferred income taxes	137	80
Other assets	49	52
Total assets	3,236	4,084
Current liabilities:
Notes payable	152	44
Accounts payable and accrued liabilities	387	512
Income taxes payable	27	49
Deferred income taxes	1	1
Current portion of long-term debt	1	24
Total current liabilities	568	630
Long-term debt	971	1,004
Deferred income taxes	52	68
Other liabilities	249	291
Redeemable preferred stock	$ 28	$ 27
Commitments and contingencies (Note J)
Preferred stock:
Authorized: 2,000,000 shares of $1 par value Issued and Outstanding: None and none
Common stock:
Authorized: 200,000,000 shares of $1 par value Issued: 0 and 64,634,731 shares Outstanding: 0 and 64,382,366 shares	$ 63	$ 64
Less cost of 247,816 and 252,365 shares of common treasury stock	(8)	(7)
Additional paid-in capital		49
Retained earnings	1,464	1,900
Accumulated other comprehensive loss	(255)	(64)
Total Cabot Corporation stockholders' equity	1,264	1,942
Noncontrolling interests	104	122
Total stockholders' equity	1,368	2,064
Total liabilities and stockholders’ equity	$ 3,236	$ 4,084