Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Dec. 31, 2017	Sep. 30, 2017
Current assets:
Cash and cash equivalents	$ 189	$ 280
Accounts and notes receivable, net of reserve for doubtful accounts of $10 and $9	551	527
Inventories:
Raw materials	112	93
Work in process	2	2
Finished goods	318	293
Other	46	45
Total inventories	478	433
Prepaid expenses and other current assets	63	59
Total current assets	1,281	1,299
Property, plant and equipment, net	1,329	1,305
Goodwill	184	154
Equity affiliates	54	56
Intangible assets, net	164	137
Assets held for rent	104	104
Deferred income taxes	27	237
Other assets	46	46
Total assets	3,189	3,338
Current liabilities:
Notes payable	7	7
Accounts payable and accrued liabilities	475	457
Income taxes payable	20	22
Current portion of long-term debt	286	256
Total current liabilities	788	742
Long-term debt	631	661
Deferred income taxes	20	38
Other liabilities	252	245
Redeemable preferred stock	26	27
Commitments and contingencies (Note H)
Preferred stock:
Authorized: 2,000,000 shares of $1 par value Issued and Outstanding: None and none
Common stock:
Authorized: 200,000,000 shares of $1 par value Issued: 61,999,921 and 62,087,627 shares Outstanding: 61,796,641 and 61,884,347 shares	62	62
Less cost of 203,280 and 203,280 shares of common treasury stock	(6)	(6)
Retained earnings	1,555	1,707
Accumulated other comprehensive income (loss)	(263)	(259)
Total Cabot Corporation stockholders' equity	1,348	1,504
Noncontrolling interests	124	121
Total stockholders' equity	1,472	1,625
Total liabilities and stockholders’ equity	$ 3,189	$ 3,338