XML 43 R33.htm IDEA: XBRL DOCUMENT v3.19.1
Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Changes in Each Component of AOCI, Net of Tax

Changes in each component of AOCI, net of tax, were as follows:

 

 

 

Currency

Translation

Adjustment

 

 

Unrealized

Gains on

Investments

 

 

Pension and Other

Postretirement

Benefit Liability

Adjustments

 

 

Total

 

 

 

(In millions)

 

Balance at September 30, 2018, attributable to Cabot Corporation

 

$

(266

)

 

$

1

 

 

$

(52

)

 

$

(317

)

Other comprehensive income (loss) before reclassifications

 

 

(24

)

 

 

 

 

 

30

 

 

 

6

 

Amounts reclassified from AOCI

 

 

(1

)

 

 

 

 

 

(8

)

 

 

(9

)

Less: Other comprehensive income (loss) attributable to

   noncontrolling interests

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2018, attributable to Cabot Corporation

 

$

(291

)

 

$

1

 

 

$

(30

)

 

$

(320

)

Other comprehensive income (loss) before reclassifications

 

 

8

 

 

 

 

 

 

1

 

 

 

9

 

Amounts reclassified from AOCI

 

 

(1

)

 

 

 

 

 

(1

)

 

 

(2

)

Less: Other comprehensive income (loss) attributable to

   noncontrolling interests

 

 

2

 

 

 

 

 

 

 

 

 

2

 

Balance at March 31, 2019, attributable to Cabot Corporation

 

 

(286

)

 

 

1

 

 

 

(30

)

 

 

(315

)

 

Amounts Reclassified Out of AOCI

The amounts reclassified out of AOCI and into the Consolidated Statements of Operations in the three and six months ended March 31, 2019 and 2018 were as follows:

 

 

 

Affected Line Item in the Consolidated

 

Three Months Ended March 31

 

 

Six Months Ended March 31

 

 

 

Statements of Operations

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

 

 

(In millions)

 

 

 

 

 

 

 

 

 

Derivatives: net investment hedges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Gains) losses reclassified to interest

   expense

 

Interest expense

 

$

(2

)

 

$

(1

)

 

$

(3

)

 

$

(2

)

(Gains) losses excluded from effectiveness testing and amortized to interest expense

 

Interest expense

 

$

1

 

 

$

 

 

$

1

 

 

$

 

Pension and other postretirement

   benefit liability adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of actuarial losses

 

Net Periodic Benefit Cost - see

   Note E for details

 

 

 

 

 

 

 

 

1

 

 

 

1

 

Amortization of prior service credit

 

Net Periodic Benefit Cost - see

   Note E for details

 

 

(1

)

 

 

 

 

 

(1

)

 

 

(1

)

Settlement and curtailment gain

 

Net Periodic Benefit Cost - see

   Note E for details

 

 

 

 

 

 

 

 

(6

)

 

 

 

Total before tax

 

 

 

 

(2

)

 

 

(1

)

 

 

(8

)

 

 

(2

)

Tax impact

 

Provision (benefit) for income

   taxes

 

 

 

 

 

 

 

 

(3

)

 

 

 

Total after tax

 

 

 

$

(2

)

 

$

(1

)

 

$

(11

)

 

$

(2

)