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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2015
Net sales and other operating revenues $ 2,717 $ 2,411 $ 2,871
Cost of sales 2,065 1,833 2,286
Gross profit 652 578 585
Selling and administrative expenses 260 275 282
Research and technical expenses 56 53 58
Long-lived assets impairment charge (Note E)   23 210
Goodwill impairment charge (Note E)     352
Income (loss) from operations 336 250 (317)
Interest and dividend income 9 5 4
Interest expense (53) (54) (53)
Other income (expense) (4) (7) (11)
Income (loss) from continuing operations before income taxes and equity in earnings of affiliated companies 288 194 (377)
(Provision) benefit for income taxes (29) (34) 45
Equity in earnings of affiliated companies, net of tax 7 3 4
Income (loss) from continuing operations 266 163 (328)
Income (loss) from discontinued operations, net of tax of $—, $1 and $—   1 2
Net income (loss) 266 164 (326)
Net income (loss) attributable to noncontrolling interests, net of tax of $6, $4 and $5 25 15 8
Net income (loss) attributable to Cabot Corporation $ 241 $ 149 $ (334)
Weighted-average common shares outstanding:      
Basic 62.3 62.4 63.4
Diluted 62.7 62.9 63.4
Basic:      
Income (loss) from continuing operations attributable to Cabot Corporation $ 3.83 $ 2.36 $ (5.29)
Income (loss) from discontinued operations   0.02 0.02
Net income (loss) attributable to Cabot Corporation 3.83 2.38 (5.27)
Diluted:      
Income (loss) from continuing operations attributable to Cabot Corporation 3.80 2.34 (5.29)
Income (loss) from discontinued operations   0.02 0.02
Net income (loss) attributable to Cabot Corporation 3.80 2.36 (5.27)
Dividends per common share $ 1.23 $ 1.04 $ 0.88
Purification Solutions [Member]      
Long-lived assets impairment charge (Note E)     $ 210
Goodwill impairment charge (Note E)     $ 352