XML 49 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Restructuring (Tables)
9 Months Ended
Jun. 30, 2018
Restructuring And Related Activities [Abstract]  
Recorded Restructuring Activities

Cabot’s restructuring activities were recorded in the Consolidated Statements of Operations in the three and nine months ended June 30, 2018 and 2017 as follows:

 

 

 

Three Months Ended June 30

 

 

Nine Months Ended June 30

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

 

(In millions)

 

Cost of sales

 

$

1

 

 

$

1

 

 

$

(8

)

 

$

2

 

Selling and administrative expenses

 

 

 

 

 

 

 

 

1

 

 

 

1

 

Total

 

$

1

 

 

$

1

 

 

$

(7

)

 

$

3

 

 

Restructuring Activities and Related Reserves

Details of all restructuring activities and the related reserves during the three and nine months ended June 30, 2018 were as follows:

 

 

 

Severance

and Employee

Benefits

 

 

Environmental

Remediation

 

 

Asset

Sales

 

 

Asset

Impairment

and

Accelerated

Depreciation

 

 

Other

 

 

Total

 

 

 

(In millions)

 

Reserve at September 30, 2017

 

$

1

 

 

$

2

 

 

$

 

 

$

 

 

$

 

 

$

3

 

Charges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

 

 

 

1

 

Accrual for deposit on sale of land

 

 

 

 

 

 

 

 

(4

)

 

 

 

 

 

 

 

 

(4

)

Cash received (paid)

 

 

 

 

 

 

 

 

4

 

 

 

 

 

 

(1

)

 

 

3

 

Reserve at December 31, 2017

 

$

1

 

 

$

2

 

 

$

 

 

$

 

 

$

 

 

$

3

 

Charges (gain)

 

 

1

 

 

 

 

 

 

(11

)

 

 

1

 

 

 

 

 

 

(9

)

Costs charged against assets / (liabilities)

 

 

 

 

 

 

 

 

2

 

 

 

(1

)

 

 

 

 

 

1

 

Cash (paid) received

 

 

(1

)

 

 

 

 

 

9

 

 

 

 

 

 

 

 

 

8

 

Reserve at March 31, 2018

 

$

1

 

 

$

2

 

 

$

 

 

$

 

 

$

 

 

$

3

 

Charges (gain)

 

 

 

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

1

 

Accrual for deposit on sale of land rights

 

 

 

 

 

 

 

 

(3

)

 

 

 

 

 

 

 

 

(3

)

Cash (paid) received

 

 

(1

)

 

 

(1

)

 

 

3

 

 

 

 

 

 

 

 

 

1

 

Reserve at June 30, 2018

 

$

 

 

$

2

 

 

$

 

 

$

 

 

$

 

 

$

2