Derivatives (Tables)

12 Months Ended

Sep. 30, 2020

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Details of Derivatives Held to Manage Foreign Currency Risk

The following table provides details of the derivatives held as of September 30, 2020 and 2019 to manage foreign currency risk.

		Notional Amount
Description	Borrowing	September 30, 2020	September 30, 2019	Hedge Designation
Cross Currency Swaps	3.4% Notes	USD 250 million swapped to EUR 223 million	USD 250 million swapped to EUR 223 million	Net investment
Forward Foreign Currency Contracts(1)	N/A	USD 54 million	USD 54 million	No designation

⁽¹⁾ As of September 30, 2020, Cabot’s forward foreign exchange contracts were denominated in Canadian dollar, Indonesian rupiah and Czech koruna. As of September 30, 2019, Cabot’s forward foreign exchange contracts were denominated in British pound, Canadian dollar, Indonesian rupiah and Czech koruna.

Summary Impact of Cross-currency Swaps to AOCI and Consolidated Statements of Operations

The following table summarizes the impact of the cross-currency swaps to AOCI and the Consolidated Statements of Operations:

	Years Ended September 30
	2020		2019		2018			2020			2019			2018			2020		2019		2018
Description	Gain/(Loss) Recognized in AOCI							(Gain)/Loss Reclassified from AOCI into Interest Expense in the Consolidated Statements of Operations									(Gain)/Loss Recognized in Interest Expense in the Consolidated Statements of Operations (Amount Excluded from Effectiveness Testing)
	(In millions)
Cross-currency swaps	$	1	$	23	$	(2	)	$	(5	)	$	(5	)	$	(5	)	$	2	$	1	$	2