Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2020	Sep. 30, 2019
Current assets:
Cash and cash equivalents	$ 142	$ 169
Accounts and notes receivable, net of reserve for doubtful accounts of $3 and $3	462	530
Inventories:
Raw materials	103	107
Finished goods	312	305
Other	54	54
Total inventories	469	466
Prepaid expenses and other current assets	98	45
Total current assets	1,171	1,210
Property, plant and equipment, net	1,369	1,348
Goodwill	82	90
Equity affiliates	36	39
Intangible assets, net	87	96
Deferred income taxes	181	163
Other assets	171	58
Total assets	3,097	3,004
Current liabilities:
Short-term borrowings		33
Accounts payable and accrued liabilities	530	537
Income taxes payable	26	22
Current portion of long-term debt	7	7
Total current liabilities	563	599
Long-term debt	1,190	1,024
Deferred income taxes	41	41
Other liabilities	268	206
Commitments and contingencies (Note G)
Preferred stock:
Authorized: 2,000,000 shares of $1 par value Issued and Outstanding: None and none
Common stock:
Authorized: 200,000,000 shares of $1 par value Issued: 56,598,515 and 57,250,454 shares Outstanding: 56,444,288 and 57,080,589 shares	56	57
Less cost of 154,227 and 169,865 shares of common treasury stock	(4)	(5)
Retained earnings	1,302	1,337
Accumulated other comprehensive income (loss)	(429)	(391)
Total Cabot Corporation stockholders' equity	925	998
Noncontrolling interests	110	136
Total stockholders' equity	1,035	1,134
Total liabilities and stockholders' equity	$ 3,097	$ 3,004