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UNCONSOLIDATED AFFILIATES (Tables)
 12 Months Ended
Sep. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments [Table Text Block]
The summarized financial information for all companies accounted for on the equity method by Ashland is as of and for the years ended September 30, 2016, 2015 and 2014, respectively.
(In millions)
2016

 
2015

 
2014

Financial position
 
 
 
 
 
Current assets
$
199

 
$
211

 
 
Current liabilities
(50
)
 
(54
)
 
 
Working capital
149

 
157

 
 
Noncurrent assets
38

 
40

 
 
Noncurrent liabilities
(2
)
 
(1
)
 
 
Stockholders’ equity
$
185

 
$
196

 
 
Results of operations
 
 
  
 
 
Sales
$
336

 
$
398

 
$
966

Income from operations
51

 
57

 
74

Net income
25

 
31

 
63

Amounts recorded by Ashland
 
 
 
 
  
Investments and advances
$
57

 
$
65

 
$
81

Equity income (loss) (a)
13

 
1

 
(25
)
Distributions received
18

 
22

 
14

 
 
 
 
 
 

(a)
The results in 2015 and 2014 include a $14 million and $50 million impairment on the Valvoline joint venture in Venezuela and the ASK joint venture, respectively.