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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]        
Net sales and other operating revenues $ 568 $ 694 $ 1,171 $ 1,506
Cost of sales 418 555 922 1,210
Gross profit 150 139 249 296
Selling and administrative expenses 62 71 133 149
Research and technical expenses 11 14 27 29
Income from operations 77 54 89 118
Interest and dividend income 2 1 3 2
Interest expense (14) (14) (27) (27)
Other expense (3) (2) (11) (3)
Income from continuing operations 62 39 54 90
Provision for income taxes (11) (14) (6) (17)
Equity in earnings of affiliated companies, net of tax 1 2 1 3
Net income 52 27 49 76
Net income attributable to noncontrolling interests, net of tax 4 1 8 5
Net income attributable to Cabot Corporation $ 48 $ 26 $ 41 $ 71
Weighted-average common shares outstanding:        
Basic 62.4 63.6 62.4 63.9
Diluted 62.8 64.1 62.9 64.4
Basic:        
Net income attributable to Cabot Corporation $ 0.76 $ 0.41 $ 0.65 $ 1.11
Diluted:        
Net income attributable to Cabot Corporation 0.76 0.41 0.65 1.10
Dividends per common share $ 0.22 $ 0.22 $ 0.44 $ 0.44