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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]    
Net sales and other operating revenues $ 720 $ 611
Cost of sales 542 452
Gross profit 178 159
Selling and administrative expenses 69 63
Research and technical expenses 15 12
Income (loss) from operations 94 84
Interest and dividend income 3 2
Interest expense (13) (13)
Other income (expense) 8 2
Income (loss) from continuing operations before income taxes and equity in earnings of affiliated companies 92 75
(Provision) benefit for income taxes (205) (18)
Equity in earnings of affiliated companies, net of tax 1 2
Net income (loss) (112) 59
Net income (loss) attributable to noncontrolling interests, net of tax 10 4
Net income (loss) attributable to Cabot Corporation $ (122) $ 55
Weighted-average common shares outstanding:    
Basic 61.9 62.2
Diluted 61.9 62.8
Earnings per common share:    
Basic $ (1.98) $ 0.87
Diluted (1.98) 0.86
Dividends per common share $ 0.315 $ 0.30