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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
Net sales and other operating revenues $ 3,409 $ 2,614 $ 3,337
Cost of sales 2,610 2,114 2,652
Gross profit 799 500 685
Selling and administrative expenses 289 292 290
Research and technical expenses 56 57 60
Income (loss) from operations 454 21 306
Interest and dividend income 8 8 9
Interest expense (49) (53) (59)
Other income (expense) (7) (9) (1)
Income (loss) from continuing operations before income taxes and equity in earnings of affiliated companies 406 (33) 255
(Provision) benefit for income taxes (123) (191) (70)
Equity in earnings of affiliated companies, net of tax 3 3 1
Net income (loss) 286 (221) 186
Net income (loss) attributable to noncontrolling interests, net of tax of $10, $4 and $6 36 17 29
Net income (loss) attributable to Cabot Corporation $ 250 $ (238) $ 157
Weighted-average common shares outstanding:      
Basic 56.7 56.6 58.7
Diluted 56.8 56.6 58.8
Earnings (loss) per common share:      
Basic $ 4.35 $ (4.21) $ 2.64
Diluted $ 4.34 $ (4.21) $ 2.63
Specialty Fluids [Member]      
Loss on sale and asset impairment charge   $ 1 $ 29
Marshall Mine [Member]      
Loss on sale and asset impairment charge   $ 129