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Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Changes in Each Component of AOCI, Net of Tax

Changes in each component of AOCI, net of tax, were as follows:

 

 

 

Currency

Translation

Adjustment

 

 

Unrealized

Gains on

Investments

 

 

Pension and Other

Postretirement

Benefit Liability

Adjustments

 

 

Total

 

 

 

(In millions)

 

Balance at September 30, 2016, attributable to Cabot

   Corporation

 

$

(227

)

 

$

2

 

 

$

(100

)

 

$

(325

)

Other comprehensive income (loss)

 

 

(125

)

 

 

 

 

 

1

 

 

 

(124

)

Net other comprehensive items

 

 

(352

)

 

 

2

 

 

 

(99

)

 

 

(449

)

Less: Noncontrolling interest

 

 

(4

)

 

 

 

 

 

 

 

 

(4

)

Balance at December 31, 2016, attributable to Cabot

   Corporation

 

 

(348

)

 

 

2

 

 

 

(99

)

 

 

(445

)

Other comprehensive income (loss)

 

 

56

 

 

 

 

 

 

1

 

 

 

57

 

Net other comprehensive items

 

 

(292

)

 

 

2

 

 

 

(98

)

 

 

(388

)

Less: Noncontrolling interest

 

 

1

 

 

 

 

 

 

 

 

 

1

 

Balance at March 31, 2017, attributable to Cabot

   Corporation

 

$

(293

)

 

$

2

 

 

$

(98

)

 

$

(389

)

 

Amounts Reclassified Out of AOCI

The amounts reclassified out of AOCI and into the Consolidated Statements of Operations in the three and six months ended March 31, 2017 and 2016 were as follows:

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

Affected Line Item in the Consolidated

 

March 31,

 

 

March 31,

 

 

 

Statements of Operations

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

 

 

 

(In millions)

 

Pension and other postretirement

   benefit liability adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of actuarial losses

 

Net Periodic Benefit Cost - see

   Note C for details

 

$

2

 

 

$

1

 

 

$

3

 

 

$

2

 

Amortization of prior service credit

 

Net Periodic Benefit Cost - see

   Note C for details

 

 

(1

)

 

 

(1

)

 

 

(1

)

 

 

(2

)

Settlement and curtailment (credit)

   cost

 

Net Periodic Benefit Cost - see

   Note C for details

 

 

 

 

 

 

 

 

 

 

 

(1

)

Total before tax

 

 

 

 

1

 

 

 

 

 

 

2

 

 

 

(1

)

Tax impact

 

Provision (benefit) for income

   taxes

 

 

 

 

 

1

 

 

 

 

 

 

1

 

Total after tax

 

 

 

$

1

 

 

$

1

 

 

$

2

 

 

$