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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Net sales and other operating revenues $ 705 $ 621 $ 1,994 $ 1,792
Cost of sales 546 461 1,509 1,383
Gross profit 159 160 485 409
Selling and administrative expenses 63 64 191 197
Research and technical expenses 14 13 40 40
Income (loss) from operations 82 83 254 172
Interest and dividend income 3 1 7 4
Interest expense (13) (13) (39) (40)
Other income (expense) (6) 3 (5) (8)
Income (loss) from continuing operations before income taxes and equity in earnings of affiliated companies 66 74 217 128
(Provision) benefit for income taxes (16) (15) (32) (21)
Equity in earnings of affiliated companies, net of tax 3 1 6 2
Net income (loss) 53 60 191 109
Net income (loss) attributable to noncontrolling interests, net of tax 8 4 18 12
Net income (loss) attributable to Cabot Corporation $ 45 $ 56 $ 173 $ 97
Weighted-average common shares outstanding:        
Basic 62.4 62.4 62.3 62.4
Diluted 62.7 62.9 62.8 62.9
Earnings per common share:        
Basic $ 0.71 $ 0.90 $ 2.75 $ 1.55
Diluted 0.71 0.88 2.74 1.53
Dividends per common share $ 0.315 $ 0.30 $ 0.915 $ 0.74