Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2025	Sep. 30, 2024
Current assets:
Cash and cash equivalents	$ 213	$ 223
Accounts and notes receivable, net of reserve for doubtful accounts of $5 and $5	739	733
Inventories:
Raw materials	147	150
Finished goods	333	333
Other	61	69
Total inventories	541	552
Prepaid expenses and other current assets	110	97
Total current assets	1,603	1,605
Property, plant and equipment	4,155	4,082
Accumulated depreciation	(2,552)	(2,548)
Net property, plant and equipment	1,603	1,534
Goodwill	128	133
Equity affiliates	14	23
Intangible assets, net	55	53
Deferred income taxes	204	216
Other assets	177	172
Total assets	3,784	3,736
Current liabilities:
Short-term borrowings	190	45
Accounts payable and accrued liabilities	577	676
Income taxes payable	42	43
Current portion of long-term debt	9	8
Total current liabilities	818	772
Long-term debt	1,090	1,087
Deferred income taxes	39	42
Other liabilities	247	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: 53,832,031 and 54,430,316 shares, Outstanding: 53,700,563 and 54,297,251 shares	54	54
Less cost of 131,468 and 133,065 shares of common treasury stock	(3)	(3)
Retained earnings	1,803	1,734
Accumulated other comprehensive income (loss)	(427)	(360)
Total Cabot Corporation stockholders' equity	1,427	1,425
Noncontrolling interests	163	165
Total stockholders' equity	1,590	1,590
Total liabilities and stockholders' equity	$ 3,784	$ 3,736