Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Dec. 31, 2024	Sep. 30, 2024
Current assets:
Cash and cash equivalents	$ 183	$ 223
Accounts and notes receivable, net of reserve for doubtful accounts of $5 and $5	677	733
Inventories:
Raw materials	139	150
Finished goods	331	333
Other	66	69
Total inventories	536	552
Prepaid expenses and other current assets	100	97
Total current assets	1,496	1,605
Property, plant and equipment	4,049	4,082
Accumulated depreciation	(2,493)	(2,548)
Net property, plant and equipment	1,556	1,534
Goodwill	127	133
Equity affiliates	13	23
Intangible assets, net	57	53
Deferred income taxes	211	216
Other assets	182	172
Total assets	3,642	3,736
Current liabilities:
Short-term borrowings	100	45
Accounts payable and accrued liabilities	599	676
Income taxes payable	39	43
Current portion of long-term debt	9	8
Total current liabilities	747	772
Long-term debt	1,089	1,087
Deferred income taxes	39	42
Other liabilities	252	245
Contingencies (Note F)
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: 54,348,447 and 54,430,316 shares, Outstanding: 54,215,426 and 54,297,251 shares	54	54
Less cost of 133,021 and 133,065 shares of common treasury stock	(3)	(3)
Retained earnings	1,772	1,734
Accumulated other comprehensive income (loss)	(457)	(360)
Total Cabot Corporation stockholders' equity	1,366	1,425
Noncontrolling interests	149	165
Total stockholders' equity	1,515	1,590
Total liabilities and stockholders' equity	$ 3,642	$ 3,736