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Earnings Per Share - Components of Basic and Diluted Earnings (Loss) Per Common Share (EPS) (Detail) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Basic EPS:        
Net income (loss) attributable to Cabot Corporation $ 97 $ 86 $ 115 $ 221
Less: Dividends and dividend equivalents to participating securities   1 1 1
Less: Undistributed earnings allocated to participating securities 1 1 1 2
Earnings (loss) allocated to common shareholders (numerator) $ 96 $ 84 $ 113 $ 218
Weighted average common shares and participating securities outstanding 57.2 57.5 57.4 57.4
Less: Participating securities 0.9 0.8 0.9 0.7
Adjusted weighted average common shares (denominator) 56.3 56.7 56.5 56.7
Earnings (loss) per common share - basic: $ 1.70 $ 1.48 $ 2.00 $ 3.85
Diluted EPS:        
Earnings (loss) allocated to common shareholders $ 96 $ 84 $ 113 $ 218
Plus: Earnings allocated to participating securities 1 1 2 2
Less: Adjusted earnings allocated to participating securities 1 1 2 2
Earnings (loss) allocated to common shareholders (numerator) $ 96 $ 84 $ 113 $ 218
Adjusted weighted average common shares outstanding 56.3 56.7 56.5 56.7
Common shares issuable 0.5 0.3 0.4 0.1
Adjusted weighted average common shares (denominator) 56.8 57.0 56.9 56.8
Earnings (loss) per common share - diluted: $ 1.69 $ 1.48 $ 1.99 $ 3.84