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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]        
Net sales and other operating revenues $ 844 $ 818 $ 1,665 $ 1,538
Cost of sales 666 630 1,321 1,174
Gross profit 178 188 344 364
Selling and administrative expenses 70 79 143 149
Research and technical expenses 15 16 31 31
Specialty Fluids held for sale assets impairment (Note D) 20   20  
Purification Solutions long-lived assets impairment (Note F)   162   162
Purification Solutions goodwill impairment (Note F)   92   92
Income (loss) from operations 73 (161) 150 (70)
Interest and dividend income 2 3 4 6
Interest expense (14) (14) (29) (27)
Other income (expense) (12) 1 (6) 12
Income (loss) from continuing operations before income taxes and equity in earnings of affiliated companies 49 (171) 119 (79)
(Provision) benefit for income taxes (20) 7 (13) (198)
Equity in earnings of affiliated companies, net of tax   1   2
Net income (loss) 29 (163) 106 (275)
Net income (loss) attributable to noncontrolling interests, net of tax 6 10 14 20
Net income (loss) attributable to Cabot Corporation $ 23 $ (173) $ 92 $ (295)
Weighted-average common shares outstanding:        
Basic 59.1 61.8 59.5 61.8
Diluted 59.3 61.8 59.7 61.8
Earnings per common share:        
Basic $ 0.39 $ (2.80) $ 1.53 $ (4.78)
Diluted 0.39 (2.80) 1.53 (4.78)
Dividends per common share $ 0.33 $ 0.315 $ 0.66 $ 0.63