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Goodwill and Intangible Assets (Tables)
6 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Balances

The carrying amount of goodwill attributable to each reportable segment and the changes in those balances during the six months ended March 31, 2025 are as follows:

 

 

 

Reinforcement
Materials

 

 

Performance
Chemicals

 

 

Total

 

 

 

(In millions)

 

Balance at September 30, 2024

 

$

48

 

 

$

85

 

 

$

133

 

Foreign currency impact

 

 

(2

)

 

 

(3

)

 

 

(5

)

Balance at March 31, 2025

 

$

46

 

 

$

82

 

 

$

128

 

Schedule of Intangible Assets

The following table provides information regarding the Company’s intangible assets:

 

 

 

March 31, 2025

 

 

September 30, 2024

 

 

 

Gross
Carrying
Value

 

 

Accumulated
Amortization

 

 

Net
Intangible
Assets

 

 

Gross
Carrying
Value

 

 

Accumulated
Amortization

 

 

Net
Intangible
Assets

 

 

 

(In millions)

 

Intangible assets with finite lives

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technologies(1)

 

$

40

 

 

$

(13

)

 

$

27

 

 

$

34

 

 

$

(12

)

 

$

22

 

Trademarks

 

 

2

 

 

 

(1

)

 

$

1

 

 

 

2

 

 

 

(1

)

 

 

1

 

Customer relationships

 

 

58

 

 

 

(31

)

 

$

27

 

 

 

60

 

 

 

(30

)

 

 

30

 

Total intangible assets

 

$

100

 

 

$

(45

)

 

$

55

 

 

$

96

 

 

$

(43

)

 

$

53

 

(1)
Included within Developed technologies as of March 31, 2025 is $8 million of intangible assets acquired during the first quarter of fiscal 2025 as discussed in Note C above.