Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2023	Sep. 30, 2022
Current assets:
Cash and cash equivalents	$ 220	$ 206
Accounts and notes receivable, net of reserve for doubtful accounts of $2 and $3	688	836
Inventories:
Raw materials	152	182
Work in process	1
Finished goods	370	427
Other	69	55
Total inventories	592	664
Prepaid expenses and other current assets	102	114
Total current assets	1,602	1,820
Property, plant and equipment, net	1,364	1,270
Goodwill	136	129
Equity affiliates	19	20
Intangible assets, net	63	63
Deferred income taxes	36	45
Other assets	167	178
Total assets	3,387	3,525
Current liabilities:
Short-term borrowings	136	347
Accounts payable and accrued liabilities	568	707
Income taxes payable	27	44
Current portion of long-term debt	7	7
Total current liabilities	738	1,105
Long-term debt	1,093	1,089
Deferred income taxes	60	65
Other liabilities	230	234
Contingencies (Note G)
Common stock:
Authorized: 200,000,000 shares of $1 par value, Issued: 56,072,816 and 56,385,963 shares, Outstanding: 55,936,984 and 56,248,559 shares	56	56
Less cost of 135,832 and 137,404 shares of common treasury stock	(3)	(4)
Additional paid-in capital		1
Retained earnings	1,407	1,284
Accumulated other comprehensive income (loss)	(329)	(439)
Total Cabot Corporation stockholders' equity	1,131	898
Noncontrolling interests	135	134
Total stockholders' equity	1,266	1,032
Total liabilities and stockholders' equity	$ 3,387	$ 3,525