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Restructuring (Tables)
12 Months Ended
Sep. 30, 2017
Restructuring And Related Activities [Abstract]  
Recorded Restructuring Activities

Cabot’s restructuring activities were recorded in the Consolidated Statements of Operations as follows:

 

 

 

Years Ended September 30

 

 

 

2017

 

 

2016

 

 

2015

 

 

 

(In millions)

 

Cost of sales

 

$

2

 

 

$

33

 

 

$

10

 

Selling and administrative expenses

 

 

1

 

 

 

9

 

 

 

11

 

Research and development expenses

 

 

 

 

 

5

 

 

 

 

Total

 

$

3

 

 

$

47

 

 

$

21

 

 

Restructuring Activities and Related Reserves

Details of all restructuring activities and the related reserves for fiscal 2015, 2016, and 2017 were as follows:

 

 

 

Severance

and

Employee

Benefits

 

 

Environmental

Remediation

 

 

Non-Cash Asset

Impairment

and

Accelerated

Depreciation

 

 

Asset

Sales

 

 

Other

 

 

Total

 

 

 

(In millions)

 

Reserve at September 30, 2014

 

$

16

 

 

$

2

 

 

$

 

 

$

 

 

$

1

 

 

$

19

 

Charges

 

 

9

 

 

 

 

 

 

5

 

 

 

 

 

 

7

 

 

 

21

 

Costs charged against liabilities (assets)

 

 

 

 

 

 

 

 

(5

)

 

 

 

 

 

 

 

 

(5

)

Cash paid

 

 

(18

)

 

 

 

 

 

 

 

 

 

 

 

(6

)

 

 

(24

)

Foreign currency translation adjustment

 

 

(2

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2

)

Reserve at September 30, 2015

 

 

5

 

 

 

2

 

 

 

 

 

 

 

 

 

2

 

 

 

9

 

Charges

 

 

28

 

 

 

 

 

 

23

 

 

 

(9

)

 

 

5

 

 

 

47

 

Costs charged against liabilities (assets)

 

 

 

 

 

 

 

 

(23

)

 

 

(7

)

 

 

 

 

 

(30

)

Cash paid

 

 

(30

)

 

 

 

 

 

 

 

 

16

 

 

 

(7

)

 

 

(21

)

Foreign currency translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve at September 30, 2016

 

 

3

 

 

 

2

 

 

 

 

 

 

 

 

 

 

 

 

5

 

Charges

 

 

1

 

 

 

1

 

 

 

 

 

 

 

 

 

1

 

 

 

3

 

Costs charged against liabilities (assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

 

 

 

1

 

Cash (paid) received

 

 

(3

)

 

 

(1

)

 

 

 

 

 

 

 

 

(2

)

 

 

(6

)

Foreign currency translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve at September 30, 2017

 

$

1

 

 

$

2

 

 

$

 

 

$

 

 

$

 

 

$

3