Stock Incentive Plans

3 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Stock Incentive Plans

NOTE N – STOCK INCENTIVE PLANS

The components of Ashland’s pre-tax stock-based compensation expense included in continuing operations are as follows:

	Three months ended
	December 31
(In millions)	2023(a)			2022(b)
Nonvested stock awards	$	4		$	3
Performance share awards		(3	)		5
	$	1		$	8

(a)Included less than $1 million of expense related to cash-settled nonvested restricted stock awards during the three months ended December 31, 2023, and $1 million of income related to cash-settled performance units during the three months ended December 31, 2023.

(b)Included $1 million of expense related to cash-settled nonvested restricted stock awards during the three months ended December 31, 2022.