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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]    
Net sales and other operating revenues $ 727 $ 821
Cost of sales 586 655
Gross profit 141 166
Selling and administrative expenses 64 73
Research and technical expenses 14 16
Income (loss) from operations 63 77
Interest and dividend income 3 2
Interest expense (14) (15)
Other income (expense) (2) 6
Income (loss) from continuing operations before income taxes and equity in earnings of affiliated companies 50 70
(Provision) benefit for income taxes (4) 7
Net income (loss) 46 77
Net income (loss) attributable to noncontrolling interests, net of tax 5 8
Net income (loss) attributable to Cabot Corporation $ 41 $ 69
Weighted-average common shares outstanding:    
Basic 56.9 59.9
Diluted 57.0 60.1
Earnings per common share:    
Basic $ 0.71 $ 1.14
Diluted $ 0.70 $ 1.14