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Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Sep. 30, 2016
Stockholders Equity Note [Abstract]  
Accumulated Other Comprehensive Income (Loss)

Note Q. Accumulated Other Comprehensive Income (Loss)

Changes in each component of Accumulated other comprehensive income (loss), net of tax, are as follows for fiscal 2015 and 2016:

 

 

 

Currency

Translation

Adjustment

 

 

Unrealized

Gains on

Investment

 

 

Pension and Other

Postretirement

Benefit Liability

Adjustment

 

 

Total

 

 

 

(Dollars in millions)

 

Balance at September 30, 2014 attributable to

   Cabot Corporation

 

$

27

 

 

$

2

 

 

$

(93

)

 

$

(64

)

Other comprehensive income (loss) before reclassifications

 

 

(270

)

 

 

 

 

 

7

 

 

 

(263

)

Amounts reclassified from accumulated other

   comprehensive income

 

 

 

 

 

 

 

 

24

 

 

 

24

 

Net other comprehensive items

 

 

(243

)

 

 

2

 

 

 

(62

)

 

 

(303

)

Less: Noncontrolling interest

 

 

(4

)

 

 

 

 

 

 

 

 

(4

)

Balance at September 30, 2015 attributable to

   Cabot Corporation

 

 

(239

)

 

 

2

 

 

 

(62

)

 

 

(299

)

Other comprehensive income (loss) before reclassifications

 

 

7

 

 

 

 

 

 

(38

)

 

 

(31

)

Amounts reclassified from accumulated other

   comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

Net other comprehensive items

 

 

(232

)

 

 

2

 

 

 

(100

)

 

 

(330

)

Less: Noncontrolling interest

 

 

(5

)

 

 

 

 

 

 

 

 

(5

)

Balance at September 30, 2016 attributable to

   Cabot Corporation

 

$

(227

)

 

$

2

 

 

$

(100

)

 

$

(325

)

 

The amounts reclassified out of Accumulated other comprehensive income (loss) and into the Statements of Operations for the fiscal year ended September 30, 2016, 2015 and 2014 are as follows:

 

 

 

Affected Line Item in the Consolidated

 

September 30

 

 

 

Statements of Operations

 

2016

 

 

2015

 

 

2014

 

 

 

 

 

(Dollars in Millions)

 

Pension and other postretirement benefit

   liability adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of actuarial losses (gains)

 

Net Periodic Benefit Cost - see

Note N for details

 

$

3

 

 

$

(1

)

 

$

3

 

Amortization of prior service (credit) cost

 

Net Periodic Benefit Cost - see

Note N for details

 

 

(3

)

 

 

4

 

 

 

(3

)

Settlement costs

 

Net Periodic Benefit Cost - see

Note N for details

 

 

 

 

 

27

 

 

 

 

Total before tax

 

 

 

 

 

 

 

30

 

 

 

 

Tax impact

 

Provision for income taxes

 

 

 

 

 

(6

)

 

 

 

Total after tax

 

 

 

$

 

 

$

24

 

 

$