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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]    
Net sales and other operating revenues $ 746 $ 727
Cost of sales 553 586
Gross profit 193 141
Selling and administrative expenses 61 64
Research and technical expenses 14 14
Income (loss) from operations 118 63
Interest and dividend income 2 3
Interest expense (12) (14)
Other income (expense) (9) (2)
Income (loss) before income taxes and equity in earnings of affiliated companies 99 50
(Provision) benefit for income taxes (29) (4)
Net income (loss) 70 46
Net income (loss) attributable to noncontrolling interests, net of tax 10 5
Net income (loss) attributable to Cabot Corporation $ 60 $ 41
Weighted-average common shares outstanding:    
Basic 56.5 56.9
Diluted 56.6 57.0
Earnings (loss) per common share:    
Basic $ 1.06 $ 0.71
Diluted $ 1.06 $ 0.70