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Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Changes in Each Component of AOCI, Net of Tax

Changes in each component of AOCI, net of tax, are as follows for fiscal 2016 and 2017:

 

 

 

Currency

Translation

Adjustment

 

 

Unrealized

Gains on

Investment

 

 

Pension and Other

Postretirement

Benefit Liability

Adjustment

 

 

Total

 

 

 

(In millions)

 

Balance at September 30, 2015 attributable to

   Cabot Corporation

 

$

(239

)

 

$

2

 

 

$

(62

)

 

$

(299

)

Other comprehensive income (loss)

 

 

7

 

 

 

 

 

 

(38

)

 

 

(31

)

Less: Other comprehensive income (loss) attributable to

   noncontrolling interests

 

 

(5

)

 

 

 

 

 

 

 

 

(5

)

Balance at September 30, 2016 attributable to

   Cabot Corporation

 

 

(227

)

 

 

2

 

 

 

(100

)

 

 

(325

)

Other comprehensive income (loss) before reclassifications

 

 

25

 

 

 

 

 

 

41

 

 

 

66

 

Amounts reclassified from AOCI

 

 

 

 

 

 

 

 

2

 

 

 

2

 

Less: Other comprehensive income (loss) attributable to

   noncontrolling interests

 

 

2

 

 

 

 

 

 

 

 

 

2

 

Balance at September 30, 2017 attributable to

   Cabot Corporation

 

$

(204

)

 

$

2

 

 

$

(57

)

 

$

(259

)

 

Amounts Reclassified Out of AOCI

The amounts reclassified out of AOCI and into the Consolidated Statements of Operations for the fiscal year ended September 30, 2017, 2016 and 2015 are as follows:

 

 

 

Affected Line Item in the Consolidated

 

September 30

 

 

 

Statements of Operations

 

2017

 

 

2016

 

 

2015

 

 

 

 

 

(In Millions)

 

Pension and other postretirement benefit

   liability adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of actuarial losses (gains)

 

Net Periodic Benefit Cost - see

Note L for details

 

$

5

 

 

$

3

 

 

$

(1

)

Amortization of prior service (credit) cost

 

Net Periodic Benefit Cost - see

Note L for details

 

 

(3

)

 

 

(3

)

 

 

4

 

Settlement and curtailment (credit) cost

 

Net Periodic Benefit Cost - see

Note L for details

 

 

 

 

 

 

 

 

27

 

Total before tax

 

 

 

 

2

 

 

 

 

 

 

30

 

Tax impact

 

Provision for income taxes

 

 

 

 

 

 

 

 

(6

)

Total after tax

 

 

 

$

2

 

 

$

 

 

$

24