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Commitments and Contingencies (Tables)
12 Months Ended
Sep. 30, 2020
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Raw Material Purchased under Long Term Purchase Agreements

Cabot has entered into long-term purchase agreements primarily for the purchase of raw materials. Under certain of these agreements, the quantity of material being purchased is fixed, but the price paid changes as market prices change. Raw materials purchased under these agreements by segment for fiscal 2020, 2019 and 2018 are as follows:

 

 

 

Years Ended September 30

 

 

 

2020

 

 

2019

 

 

2018

 

 

 

(In millions)

 

Reinforcement Materials

 

$

198

 

 

$

393

 

 

$

375

 

Performance Chemicals

 

 

58

 

 

 

65

 

 

 

55

 

Purification Solutions

 

 

2

 

 

 

8

 

 

 

11

 

Total

 

$

258

 

 

$

466

 

 

$

441

 

Schedule of Components of Purchase Commitments

For these purchase commitments, the amounts included in the table below are based on market prices as of September 30, 2020 which may differ from actual market prices at the time of purchase.

 

 

 

Payments Due by Fiscal Year

 

 

 

2021

 

 

2022

 

 

2023

 

 

2024

 

 

2025

 

 

Thereafter

 

 

Total

 

 

 

(In millions)

 

Reinforcement Materials

 

$

115

 

 

$

101

 

 

$

87

 

 

$

86

 

 

$

86

 

 

$

911

 

 

$

1,386

 

Performance Chemicals

 

 

54

 

 

 

53

 

 

 

34

 

 

 

34

 

 

 

35

 

 

 

332

 

 

$

542

 

Total

 

$

169

 

 

$

154

 

 

$

121

 

 

$

120

 

 

$

121

 

 

$

1,243

 

 

$

1,928