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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]      
Net sales and other operating revenues $ 3,337 $ 3,242 $ 2,717
Cost of sales 2,652 2,470 2,060
Gross profit 685 772 657
Selling and administrative expenses 290 308 262
Research and technical expenses 60 66 57
Specialty Fluids loss on sale and asset impairment charge (Note D) 29    
Purification Solutions long-lived assets impairment charge (Note G)   162  
Purification Solutions goodwill impairment charge (Note G)   92  
Income (loss) from operations 306 144 338
Interest and dividend income 9 10 9
Interest expense (59) (54) (53)
Other income (expense) (1) 17 5
Income (loss) from continuing operations before income taxes and equity in earnings of affiliated companies 255 117 299
(Provision) benefit for income taxes (70) (193) (33)
Equity in earnings of affiliated companies, net of tax 1 2 7
Net income (loss) 186 (74) 273
Net income (loss) attributable to noncontrolling interests, net of tax of $6, $10 and $6 29 39 25
Net income (loss) attributable to Cabot Corporation $ 157 $ (113) $ 248
Weighted-average common shares outstanding:      
Basic 58.7 61.7 62.3
Diluted 58.8 61.7 62.7
Earnings per common share:      
Basic $ 2.64 $ (1.85) $ 3.94
Diluted $ 2.63 $ (1.85) $ 3.91