XML 28 R15.htm IDEA: XBRL DOCUMENT v3.20.2
Inventories
12 Months Ended
Sep. 30, 2020
Inventory Disclosure [Abstract]  
Inventories

Note E. Inventories

Inventories, net of obsolete, unmarketable and slow moving reserves, are as follows:

 

 

 

September 30

 

 

 

2020

 

 

2019

 

 

 

(In millions)

 

Raw materials

 

$

82

 

 

$

107

 

Finished goods

 

 

225

 

 

 

305

 

Other(1)

 

 

52

 

 

 

54

 

Total

 

$

359

 

 

$

466

 

 

(1)            Other inventory is comprised of certain spare parts and supplies.

Cabot periodically reviews inventory for both obsolescence and loss of value. In this review, Cabot makes assumptions about the future demand for and market value of the inventory and, based on these assumptions, estimates the amount of obsolete, unmarketable or slow moving inventory. At September 30, 2020 and 2019, total inventory reserves were $28 million and $29 million, respectively.