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Earnings Per Share - Components of Basic and Diluted Earnings (Loss) Per Common Share (EPS) (Detail) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Basic EPS:    
Net income (loss) attributable to Cabot Corporation $ 60 $ 41
Earnings (loss) allocated to common shareholders (numerator) $ 60 $ 41
Weighted average common shares and participating securities outstanding 57.2 57.7
Less: Participating securities 0.7 0.8
Adjusted weighted average common shares (denominator) 56.5 56.9
Earnings (loss) per common share - basic: $ 1.06 $ 0.71
Diluted EPS:    
Earnings (loss) allocated to common shareholders $ 60 $ 41
Earnings (loss) allocated to common shareholders (numerator) $ 60 $ 41
Adjusted weighted average common shares outstanding 56.5 56.9
Common shares issuable 0.1 0.1
Adjusted weighted average common shares (denominator) 56.6 57.0
Earnings (loss) per common share - diluted: $ 1.06 $ 0.70