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Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock, Net of Treasury Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total Cabot Corporation Stockholders' Equity [Member]
Noncontrolling Interests [Member]
Beginning Balance at Sep. 30, 2019 $ 1,134 $ 52   $ 1,337 $ (391) $ 998 $ 136
Beginning Balance, Shares at Sep. 30, 2019   57,081          
Adoption of accounting standards       3 (3)    
Net income (loss) 46     41   41 5
Total other comprehensive income (loss) 43       40 40 3
Cash dividends paid, Common stock, per share (20)     (20)   (20)  
Cash dividends declared to noncontrolling interests (19)           (19)
Issuance of stock under equity compensation plans 1   $ 1     1  
Issuance of stock under equity compensation plans, Shares   273          
Amortization of share-based compensation 1   1     1  
Purchase and retirement of common stock (34)   (2) (32)   (34)  
Purchase and retirement of common stock, Shares   (699)          
Ending Balance at Dec. 31, 2019 1,152 $ 52   1,329 (354) 1,027 125
Ending Balance, Shares at Dec. 31, 2019   56,655          
Beginning Balance at Sep. 30, 2019 1,134 $ 52   1,337 (391) 998 136
Beginning Balance, Shares at Sep. 30, 2019   57,081          
Net income (loss) 44            
Total other comprehensive income (loss) (4)            
Ending Balance at Jun. 30, 2020 1,043 $ 53   1,277 (400) 930 113
Ending Balance, Shares at Jun. 30, 2020   56,460          
Beginning Balance at Dec. 31, 2019 1,152 $ 52   1,329 (354) 1,027 125
Beginning Balance, Shares at Dec. 31, 2019   56,655          
Net income (loss) 3     (1)   (1) 4
Total other comprehensive income (loss) (78)       (75) (75) (3)
Cash dividends paid, Common stock, per share (20)     (20)   (20)  
Cash dividends declared to noncontrolling interests (16)           (16)
Issuance of stock under equity compensation plans 2   2     2  
Issuance of stock under equity compensation plans, Shares   30          
Amortization of share-based compensation 2   2     2  
Purchase and retirement of common stock (10)   (4) (6)   (10)  
Purchase and retirement of common stock, Shares   (241)          
Ending Balance at Mar. 31, 2020 1,035 $ 52   1,302 (429) 925 110
Ending Balance, Shares at Mar. 31, 2020   56,444          
Net income (loss) (5)     (6)   (6) 1
Total other comprehensive income (loss) 31       29 29 2
Cash dividends paid, Common stock, per share (20)     (20)   (20)  
Issuance of stock under equity compensation plans   $ 1 (1)        
Issuance of stock under equity compensation plans, Shares   18          
Amortization of share-based compensation 2   2     2  
Purchase and retirement of common stock     (1) 1      
Purchase and retirement of common stock, Shares   (2)          
Ending Balance at Jun. 30, 2020 1,043 $ 53   1,277 (400) 930 113
Ending Balance, Shares at Jun. 30, 2020   56,460          
Beginning Balance at Sep. 30, 2020 814 $ 53   989 (351) 691 123
Beginning Balance, Shares at Sep. 30, 2020   56,467          
Net income (loss) 70     60   60 10
Total other comprehensive income (loss) 96       89 89 7
Cash dividends paid, Common stock, per share (20)     (20)   (20)  
Cash dividends declared to noncontrolling interests (1)           (1)
Issuance of stock under equity compensation plans 1   1     1  
Issuance of stock under equity compensation plans, Shares   192          
Amortization of share-based compensation 4   4     4  
Purchase and retirement of common stock (2)   (2)     (2)  
Purchase and retirement of common stock, Shares   (53)          
Amount reclassified to retained earnings in excess of additional paid in capital     (3) 3      
Ending Balance at Dec. 31, 2020 962 $ 53   1,032 (262) 823 139
Ending Balance, Shares at Dec. 31, 2020   56,606          
Beginning Balance at Sep. 30, 2020 814 $ 53   989 (351) 691 123
Beginning Balance, Shares at Sep. 30, 2020   56,467          
Net income (loss) 250            
Total other comprehensive income (loss) 92            
Ending Balance at Jun. 30, 2021 1,094 $ 53   1,169 (267) 955 139
Ending Balance, Shares at Jun. 30, 2021   56,723          
Beginning Balance at Dec. 31, 2020 962 $ 53   1,032 (262) 823 139
Beginning Balance, Shares at Dec. 31, 2020   56,606          
Net income (loss) 85     75   75 10
Total other comprehensive income (loss) (76)       (74) (74) (2)
Cash dividends paid, Common stock, per share (20)     (20)   (20)  
Cash dividends declared to noncontrolling interests (11)           (11)
Issuance of stock under equity compensation plans 1   1     1  
Issuance of stock under equity compensation plans, Shares   17          
Amortization of share-based compensation 6   6     6  
Purchase and retirement of common stock, Shares   (1)          
Amount reclassified to retained earnings in excess of additional paid in capital     (7) 7      
Ending Balance at Mar. 31, 2021 947 $ 53   1,094 (336) 811 136
Ending Balance, Shares at Mar. 31, 2021   56,622          
Net income (loss) 95     86   86 9
Total other comprehensive income (loss) 72       69 69 3
Cash dividends paid, Common stock, per share (20)     (20)   (20)  
Cash dividends declared to noncontrolling interests (9)           (9)
Issuance of stock under equity compensation plans 3   3     3  
Issuance of stock under equity compensation plans, Shares   103          
Amortization of share-based compensation 6   6     6  
Purchase and retirement of common stock, Shares   (2)          
Amount reclassified to retained earnings in excess of additional paid in capital     $ (9) 9      
Ending Balance at Jun. 30, 2021 $ 1,094 $ 53   $ 1,169 $ (267) $ 955 $ 139
Ending Balance, Shares at Jun. 30, 2021   56,723