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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales and other operating revenues $ 845 $ 854 $ 2,510 $ 2,392
Cost of sales 675 657 1,996 1,831
Gross profit 170 197 514 561
Selling and administrative expenses 65 74 208 223
Research and technical expenses 16 17 47 48
Specialty Fluids loss on sale and asset impairment (Note D) 8   28  
Purification Solutions long-lived assets impairment (Note F)       162
Purification Solutions goodwill impairment (Note F)       92
Income (loss) from operations 81 106 231 36
Interest and dividend income 2 2 6 8
Interest expense (14) (14) (43) (41)
Other income (expense)   1 (6) 13
Income (loss) from continuing operations before income taxes and equity in earnings of affiliated companies 69 95 188 16
(Provision) benefit for income taxes (30) 4 (43) (194)
Equity in earnings of affiliated companies, net of tax 1   1 2
Net income (loss) 40 99 146 (176)
Net income (loss) attributable to noncontrolling interests, net of tax 8 11 22 31
Net income (loss) attributable to Cabot Corporation $ 32 $ 88 $ 124 $ (207)
Weighted-average common shares outstanding:        
Basic 58.2 61.8 59.1 61.8
Diluted 58.4 62.3 59.2 61.8
Earnings per common share:        
Basic $ 0.55 $ 1.41 $ 2.08 $ (3.36)
Diluted 0.55 1.40 2.08 (3.36)
Dividends per common share $ 0.35 $ 0.33 $ 1.01 $ 0.96