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Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock, Net of Treasury Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total Cabot Corporation Stockholders' Equity [Member]
Noncontrolling Interests [Member]
Beginning Balance at Sep. 30, 2021 $ 1,090 $ 53 $ 24 $ 1,159 $ (289) $ 947 $ 143
Beginning Balance, Shares at Sep. 30, 2021   56,727          
Net income (loss) (80)     (89)   (89) 9
Total other comprehensive income (loss) (28)       (30) (30) 2
Cash dividends paid, Common stock, per share (21)     (21)   (21)  
Issuance of stock under equity compensation plans, Shares   202          
Share-based compensation 6   6     6  
Purchase and retirement of common stock (19)   (19)     (19)  
Purchase and retirement of common stock, Shares   (349)          
Ending Balance at Dec. 31, 2021 948 $ 53 11 1,049 (319) 794 154
Ending Balance, Shares at Dec. 31, 2021   56,580          
Beginning Balance at Sep. 30, 2021 1,090 $ 53 24 1,159 (289) 947 143
Beginning Balance, Shares at Sep. 30, 2021   56,727          
Net income (loss) 140            
Total other comprehensive income (loss) (85)            
Ending Balance at Jun. 30, 2022 1,043 $ 53   1,210 (368) 895 148
Ending Balance, Shares at Jun. 30, 2022   56,299          
Beginning Balance at Dec. 31, 2021 948 $ 53 11 1,049 (319) 794 154
Beginning Balance, Shares at Dec. 31, 2021   56,580          
Net income (loss) 114     107   107 7
Total other comprehensive income (loss) 46       45   1
Cash dividends paid, Common stock, per share (21)     (21)   (21)  
Cash dividends declared to noncontrolling interests (14)           (14)
Issuance of stock under equity compensation plans 3   3     3  
Issuance of stock under equity compensation plans, Shares   72          
Share-based compensation 5   5     5  
Purchase and retirement of common stock (15)   (15)     (15)  
Purchase and retirement of common stock, Shares   (221)          
Ending Balance at Mar. 31, 2022 1,066 $ 53 4 1,135 (274) 918 148
Ending Balance, Shares at Mar. 31, 2022   56,431          
Net income (loss) 106     97   97 9
Total other comprehensive income (loss) (103)       (94) (94) (9)
Cash dividends paid, Common stock, per share (21)     (21)   (21)  
Issuance of stock under equity compensation plans 3   3     3  
Issuance of stock under equity compensation plans, Shares   66          
Share-based compensation 6   6     6  
Purchase and retirement of common stock (14)   (13) (1)   (14)  
Purchase and retirement of common stock, Shares   (198)          
Ending Balance at Jun. 30, 2022 1,043 $ 53   1,210 (368) 895 148
Ending Balance, Shares at Jun. 30, 2022   56,299          
Beginning Balance at Sep. 30, 2022 1,032 $ 52 1 1,284 (439) 898 134
Beginning Balance, Shares at Sep. 30, 2022   56,249          
Net income (loss) 66     54   54 12
Total other comprehensive income (loss) 87       81 81 6
Cash dividends paid, Common stock, per share (21)     (21)   (21)  
Cash dividends declared to noncontrolling interests (2)           (2)
Issuance of stock under equity compensation plans 3 $ 1 2     3  
Issuance of stock under equity compensation plans, Shares   309          
Share-based compensation 11   11     11  
Purchase and retirement of common stock (17)   (14) (3)   (17)  
Purchase and retirement of common stock, Shares   (242)          
Ending Balance at Dec. 31, 2022 1,159 $ 53   1,314 (358) 1,009 150
Ending Balance, Shares at Dec. 31, 2022   56,316          
Beginning Balance at Sep. 30, 2022 1,032 $ 52 1 1,284 (439) 898 134
Beginning Balance, Shares at Sep. 30, 2022   56,249          
Net income (loss) 238            
Total other comprehensive income (loss) 113            
Ending Balance at Jun. 30, 2023 1,266 $ 53   1,407 (329) 1,131 135
Ending Balance, Shares at Jun. 30, 2023   55,937          
Beginning Balance at Dec. 31, 2022 1,159 $ 53   1,314 (358) 1,009 150
Beginning Balance, Shares at Dec. 31, 2022   56,316          
Net income (loss) 82     75   75 7
Total other comprehensive income (loss) 47       44 44 3
Cash dividends paid, Common stock, per share (21)     (21)   (21)  
Cash dividends declared to noncontrolling interests (27)           (27)
Issuance of stock under equity compensation plans 1   1     1  
Issuance of stock under equity compensation plans, Shares   29          
Share-based compensation 7   7     7  
Purchase and retirement of common stock (16)   (8) (8)   (16)  
Purchase and retirement of common stock, Shares   (199)          
Ending Balance at Mar. 31, 2023 1,232 $ 53   1,360 (314) 1,099 133
Ending Balance, Shares at Mar. 31, 2023   56,146          
Net income (loss) 90     82   82 8
Total other comprehensive income (loss) (21)       (15) (15) (6)
Cash dividends paid, Common stock, per share (23)     (23)   (23)  
Issuance of stock under equity compensation plans, Shares   4          
Share-based compensation 3   3     3  
Purchase and retirement of common stock (15)   $ (3) (12)   (15)  
Purchase and retirement of common stock, Shares   (213)          
Ending Balance at Jun. 30, 2023 $ 1,266 $ 53   $ 1,407 $ (329) $ 1,131 $ 135
Ending Balance, Shares at Jun. 30, 2023   55,937