XML 75 R31.htm IDEA: XBRL DOCUMENT v3.20.1
Restructuring (Tables)
6 Months Ended
Mar. 31, 2020
Restructuring And Related Activities [Abstract]  
Recorded Restructuring Activities

Cabot’s restructuring activities were recorded in the Consolidated Statements of Operations in the three and six months ended March 31, 2020 and 2019 as follows:

 

 

 

Three Months Ended March 31

 

 

Six Months Ended March 31

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(In millions)

 

Cost of sales

 

$

4

 

 

$

2

 

 

$

5

 

 

$

5

 

Selling and administrative expenses

 

 

1

 

 

 

 

 

 

8

 

 

 

6

 

Total

 

$

5

 

 

$

2

 

 

$

13

 

 

$

11

 

Restructuring Activities and Related Reserves

Details of all restructuring activities and the related reserves during the three and six months ended March 31, 2020 were as follows:

 

 

 

Severance

and Employee

Benefits

 

 

Environmental

Remediation

 

 

Accelerated

Depreciation and Idle Asset Depreciation

 

 

Other

 

 

Total

 

 

 

(In millions)

 

Reserve at September 30, 2019

 

$

3

 

 

$

4

 

 

$

 

 

$

 

 

$

7

 

Charges (gain)

 

 

7

 

 

 

 

 

 

 

 

 

1

 

 

 

8

 

Cash paid

 

 

(2

)

 

 

 

 

 

 

 

 

(1

)

 

 

(3

)

Reserve at December 31, 2019

 

 

8

 

 

 

4

 

 

 

 

 

 

 

 

 

12

 

Charges (gain)

 

 

3

 

 

 

 

 

 

1

 

 

 

1

 

 

 

5

 

Costs charged against assets / (liabilities)

 

 

 

 

 

 

 

 

(1

)

 

 

 

 

 

(1

)

Cash paid

 

 

(5

)

 

 

 

 

 

 

 

 

(1

)

 

 

(6

)

Reserve at March 31, 2020

 

$

6

 

 

$

4

 

 

$

 

 

$

 

 

$

10