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STATEMENT OF CONSOLIDATED EQUITY (unaudited) - 9 months ended Jun. 30, 2019 - USD ($)
$ in Millions
Total
Common stock [Member]
Paid-in capital [Member]
Retained earnings [Member]
Accumulated other comprehensive income (loss) [Member]
[1]
Beginning Balance at Sep. 30, 2018 $ 3,406 $ 1 $ 946 $ 2,750 $ (291)
Adoption of new accounting pronouncements [2]       34 (34)
Total comprehensive income (loss)          
Net income (loss) 94     94  
Other comprehensive income (loss) (43)       (43)
Regular dividends, $0.775 per common share (48)     (48)  
Common shares issued under stock incentive and other plans [3] 8   8    
Repurchase of common stock [4] (200)   (200)    
Ending Balance at Jun. 30, 2019 $ 3,217 $ 1 $ 754 $ 2,830 $ (368)
[1] At June 30, 2019 and September 30, 2018, the after-tax accumulated other comprehensive loss attributable to Ashland of $367 million and $291 million, respectively, was each comprised of net unrealized translation losses of $365 million and $328 million, respectively, net unrealized gains on investment securities of zero and $34 million, respectively, and unrecognized prior service costs as a result of certain employee benefit plan amendments of $3 million and unrecognized prior services credits of $3 million, respectively.
[2] Represents the cumulative-effect adjustment related to the adoption of the new guidance related to the accounting for equity securities and the tax effects of intercompany transfers during fiscal 2019. See Note A for more information.
[3] Common shares issued were 281,077 for the nine months ended June 30, 2019.
[4] Common shares repurchased were 2,236,546 for the nine months ended June 30, 2019.