Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Sep. 30, 2023
Current assets:
Cash and cash equivalents	$ 206	$ 238
Accounts and notes receivable, net of reserve for doubtful accounts of $5 and $2	744	695
Inventories:
Raw materials	127	148
Finished goods	354	374
Other	70	63
Total inventories	551	585
Prepaid expenses and other current assets	104	108
Total current assets	1,605	1,626
Property, plant and equipment	3,909	3,827
Accumulated depreciation	(2,482)	(2,415)
Net property, plant and equipment	1,427	1,412
Goodwill	137	134
Equity affiliates	22	20
Intangible assets, net	59	60
Deferred income taxes	163	180
Other assets	183	172
Total assets	3,596	3,604
Current liabilities:
Short-term borrowings	88	174
Accounts payable and accrued liabilities	587	600
Income taxes payable	35	40
Current portion of long-term debt	8	8
Total current liabilities	718	822
Long-term debt	1,088	1,094
Deferred income taxes	38	50
Other liabilities	245	231
Contingencies (Note E)
Preferred stock:
Authorized: 2,000,000 shares of $1 par value, Issued and Outstanding: None and none
Common stock:
Authorized: 200,000,000 shares of $1 par value, Issued: 55,391,349 and 55,379,636 shares, Outstanding: 55,258,040 and 55,243,804 shares	55	55
Less cost of 133,309 and 135,832 shares of common treasury stock	(3)	(3)
Retained earnings	1,632	1,574
Accumulated other comprehensive income (loss)	(317)	(362)
Total Cabot Corporation stockholders' equity	1,367	1,264
Noncontrolling interests	140	143
Total stockholders' equity	1,507	1,407
Total liabilities and stockholders' equity	$ 3,596	$ 3,604