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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 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Basic EPS:        
Net income (loss) attributable to Cabot Corporation $ 86 $ (6) $ 221 $ 34
Less: Dividends and dividend equivalents to participating securities 1   1  
Less: Undistributed earnings allocated to participating securities 1   2  
Earnings (loss) allocated to common shareholders (numerator) $ 84 $ (6) $ 218 $ 34
Weighted average common shares and participating securities outstanding 57.5 57.2 57.4 57.4
Less: Participating securities 0.8 0.7 0.7 0.7
Adjusted weighted average common shares (denominator) 56.7 56.5 56.7 56.7
Earnings (loss) per common share - basic: $ 1.48 $ (0.12) $ 3.85 $ 0.59
Diluted EPS:        
Earnings (loss) allocated to common shareholders $ 84 $ (6) $ 218 $ 34
Plus: Earnings allocated to participating securities 1   2  
Less: Adjusted earnings allocated to participating securities 1   2  
Earnings (loss) allocated to common shareholders (numerator) $ 84 $ (6) $ 218 $ 34
Adjusted weighted average common shares outstanding 56.7 56.5 56.7 56.7
Common shares issuable 0.3   0.1  
Adjusted weighted average common shares (denominator) 57.0 56.5 56.8 56.7
Earnings (loss) per common share - diluted: $ 1.48 $ (0.12) $ 3.84 $ 0.59