XML 34 R5.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Stockholders' Deficit - USD ($)
shares in Millions
Total
Common stock
Paid-in capital
Retained deficit
Accumulated other comprehensive (loss) income
Ashland’s net investment
Common stock outstanding, beginning balance (in shares) at Sep. 30, 2016   205        
Balance at beginning of period at Sep. 30, 2016 $ (330,000,000) $ 2,000,000 $ 710,000,000 $ 0 $ (3,000,000) $ (1,039,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 304,000,000     304,000,000    
Contribution of net liabilities from Ashland (10,000,000)     (55,000,000) 47,000,000 (2,000,000)
Net transfers from Ashland 5,000,000         5,000,000
Distribution of Ashland's net investment 0   (710,000,000) (326,000,000)   1,036,000,000
Dividends paid (40,000,000)     (40,000,000)    
Stock-based compensation, net of issuances $ 5,000,000   5,000,000      
Repurchase of common stock (in shares) (2) (2)        
Repurchase of common stock $ (50,000,000)     (50,000,000)    
Currency translation adjustments 7,000,000       7,000,000  
Amortization of pension and other postretirement prior service credits in income (8,000,000)       (8,000,000)  
Common stock outstanding, ending balance (in shares) at Sep. 30, 2017   203        
Balance at end of period at Sep. 30, 2017 (117,000,000) $ 2,000,000 5,000,000 (167,000,000) 43,000,000 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 166,000,000     166,000,000    
Dividends paid (58,000,000)     (58,000,000)    
Stock-based compensation, net of issuances $ 9,000,000   9,000,000      
Repurchase of common stock (in shares) (15) (15)        
Repurchase of common stock $ (325,000,000)     (325,000,000)    
Purchase of remaining ownership in subsidiary (14,000,000)   (7,000,000) (7,000,000)    
Reclassification of income tax effects of U.S. tax reform 0     (8,000,000) 8,000,000  
Currency translation adjustments (10,000,000)       (10,000,000)  
Amortization of pension and other postretirement prior service credits in income $ (9,000,000)       (9,000,000)  
Common stock outstanding, ending balance (in shares) at Sep. 30, 2018 188 188        
Balance at end of period at Sep. 30, 2018 $ (358,000,000) $ 2,000,000 7,000,000 (399,000,000) 32,000,000 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 208,000,000     208,000,000    
Dividends paid (80,000,000)     (80,000,000)    
Stock-based compensation, net of issuances $ 6,000,000   6,000,000      
Repurchase of common stock (in shares) 0          
Repurchase of common stock $ 0          
Currency translation adjustments (12,000,000)       (12,000,000)  
Amortization of pension and other postretirement prior service credits in income $ (9,000,000)       (9,000,000)  
Common stock outstanding, ending balance (in shares) at Sep. 30, 2019 188 188        
Balance at end of period at Sep. 30, 2019 $ (258,000,000) $ 2,000,000 $ 13,000,000 $ (284,000,000) $ 11,000,000 $ 0